Manufactured Homes

Sunday Morning Recap-Manufactured Housing Industry News Aug. 14-Aug. 21, 2016

What’s New in public focused Manufactured HomeLivingNews.com Tiny Houses Owners face Big Legal Trouble? What’s New in Manufactured Housing Industry Professional News Financial Services Committee says Dodd-Frank is damaging. YES! Communities redistributes assets. Private enterprise ready to supply modular buildings to flooded LA. MHI, MHARR spar with DOE, as MHI …

Sunday Morning Recap-Manufactured Housing Industry News Aug. 14-Aug. 21, 2016 Read More

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MHI, MHARR, Leaked documents and DOE proposal, plus MHI on New Section 8 Vouchers

In response to the July 17 proposed rule on “Energy Conservation Standards for Manufactured Housing” from the Department of Energy (DOE), the Manufactured Housing Institute (MHI) sent a letter expressing concerns that the new rule would raise the price of manufactured homes. MHI also suggested the DOE “establish a clear …

MHI, MHARR, Leaked documents and DOE proposal, plus MHI on New Section 8 Vouchers Read More

Pray’s Manufactured Homes in Maine has New Owner

Pray’s Homes, longtime retailer of manufactured and modular homes in Belfast, Maine has changed hands as of July, 2016, according to waldo.soup. Charlie Pray, who bought the business in 2008 when the housing market was in a tailspin, managed to survive the Great Recession, and will stay on for a …

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Hedge Fund Investors Bustling over Equity LifeStyle Properties

Schwab Charles Investment Management Inc. has upped its stake in manufactured home community (MHC) owner Equity LifeStyle Properties, Inc. (NYSE:ELS), buying 149,218 shares during the last quarter, increasing its holdings in ELS by 15.2%. The firm increased its investment by $25,243,000 to $90,756,000, as fidaily reports. Hedge Fund Cohen & …

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Manufactured Home Community Bordering Google Transforming into Tech Town

Santiago Villa manufactured home community was built in the 1960s as an affordable retirement community for those 55+ in Mountain View, Calif., long before the onset of Google, Microsoft and LinkedIn. Now, however, since management has allowed families to move in, senior residents see their community colonized by corporate employees. …

Manufactured Home Community Bordering Google Transforming into Tech Town Read More

70,000 Claims for Assistance Filed Following Louisiana Flooding

Updating a post MHProNews published Aug. 17, 2016 about the flooding in Louisiana that has cost 12 lives and damaged some 40,000 homes resulting in 70,000 registrations for assistance, U. S. Rep. Cedric Richmond (D-LA) avows there will not be the red tape and bungled missteps that plagued residents in …

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Drew, Manufactured Housing CompValue and Dow rises – Is Fed Easing to Infinity?

“It’s the Fed’s conundrum,” said Diane Swonk, CEO of DS Economics, per CNBC. “The markets are pricing in easing infinity. If they raise rates, they could destabilize the markets. If they don’t raise rates, they’re feeding a bubble. It’s a hard place to be in,” she said. Barclays’ chief U.S. …

Drew, Manufactured Housing CompValue and Dow rises – Is Fed Easing to Infinity? Read More

New Manufactured Home Retailer Opening in Kentucky

Construction of a new manufactured home retailer location has begun in Leitchfield, Kentucky with the expectation of opening in 60 days if the weather holds. Exit 107 Homes is at exit 107 on the Wendell Ford Western Kentucky Parkway in the west central part of the state. Lauri and Jimmy …

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NLIHC’s Affordable Housing GAP Analysis 2016, Manufactured/Modular Housing

The National Low Income Housing Coalition (NLIHC) issued its 2016 annual report, and the picture painted mirrors that of other studies that indicate a growing affordable housing crisis in the United States. According to the report, of the nearly 43.2 million renter households in the U.S. in 2014; 10.4 million …

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Canadian City Allows Manufactured Homes in Area Zoned Single-family Residential

The Sicamous District Council in southeastern British Columbia, Canada, has voted to allow manufactured homes (MH) in a single-family residential zoned area, as eaglevalleynews informs MHProNews. Concerns of neighbors that their property would be devalued by these MH that do not require a foundation or crawl space failed to convince …

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Insiders Busy Trading Patrick Industries as it Joins S&P SmallCap 600

In insider trading at Patrick Industries, Inc. (NASDAQ:PATK), Capital Partners L. P. Tontine, Director sold $1,781,470 worth of company shares at an average price of $61.43 on August 12th, and now holds $75,647,298 of stock per an SEC filing on Aug. 16, according to fidaily. Director Walter E. Wells owns …

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FEMA’s Manufactured Home Units Likely Heading to Louisiana

The Federal Emergency Management Agency (FEMA) will begin determining how it may address the thousands of people who have been flooded out of their homes, according to theadvocate. With 20 parishes having been included in the federal disaster declaration, 40,000 homes have been damaged in the rising tide of floodwaters …

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Patrick Industries Biggest Gainer amidst Manufactured Housing CompValue slip

Stocks close slightly higher as the Fed rate-hike debate rages on. Patrick Industries (PATK:US) defies MHCV slip to post the biggest manufactured housing gainer. Chart watchers say the dollar is on the verge of unraveling. California fire drives 82,000 from their homes, MarketWatch informed MHProNews. Daily Business News Market Tracker: The Dow …

Patrick Industries Biggest Gainer amidst Manufactured Housing CompValue slip Read More

Northern Georgia Town Votes Moratorium on New Manufactured Home Sitings

The Danielsville (GA) City Council voted to place a moratorium on any new or used manufactured homes (MH) moving into the city for the next 180 days. City Clerk Susan Payne said any existing manufactured homes and permits previously issued for the siting of an MH would not be affected. …

Northern Georgia Town Votes Moratorium on New Manufactured Home Sitings Read More

Calcasieu Parish Planning Committee Nixes MH Community Development

Following a story MHProNews last posted Aug. 12, 2016 regarding an application for development of a 680-site manufactured home community, the Calcasieu (LA) Parish Police Jury Planning and Zoning Board voted 10-0 to deny the request to rezone the 215 acres from agricultural to manufactured home community (MHC). The full …

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REITs beat S&P 500 with Promising Forecast for the Year

REITs beat the S&P 500 and could return up to 13% in the next year, MarketWatch informed MHProNews. Housing starts rise to second-highest rate since recession. Meanwhile the Fed’s Dudley says September rate hike ‘is possible’ as the CPI remained unchanged in July. Daily results place stocks at a lower …

REITs beat S&P 500 with Promising Forecast for the Year Read More

Residents of Oregon Manufactured Home Community Consider Long-term Leases

California-based Investment Property Group Inc. (IPG) has presented new leases to residents of Meadow View Estates manufactured home community (MHC) in Medford, Oregon, according to mailtribune, as well as to residents in other MHCs it owns. Some of the residents are elderly and living on Social Security, and are concerned …

Residents of Oregon Manufactured Home Community Consider Long-term Leases Read More

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Tiny Houses Owners face Big Legal Trouble?

Those trendy and cute tiny houses are a potential source for real headaches, says a report by the Toledo Blade.  Blade’s Janet Stengle tells MHLivingNews that, “Jamie and Kelly Rye and their children, Jonah, 6, and Jane, 3, moved into their tiny home in Spencer Township last month. Complete with …

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Manufactured Homes can be as Modern as Traditional Houses, says Realtor on FoxNews

What for years people have been calling “mobile homes,” have since June 15, 1976 been in fact manufactured homes (MH), made to stringent Department of Housing and Urban Development guidelines, and constructed with amenities often found in more upscale homes: whirlpool tubs, modern kitchens with corian countertops, vaulted ceilings, walk-in closets …

Manufactured Homes can be as Modern as Traditional Houses, says Realtor on FoxNews Read More

Stock Exchange Winners and Losers under a Clinton Presidency

MHProNews has learned from etfdailynews which exchange-traded funds (ETFs) would thrive under a Hillary Clinton presidency and which would starve, according to Barron‘s. Winners would include hospitals and managed-care facilities because of her intention to expand the Affordable Care Act (ACA), which could prod iShares Dow Jones US Health Care …

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