Manufactured Homes

Logan’s Crossing Manufactured Home Community Announces Annual Scholarships

MHProNews has learned from thedallasnewera in Dallas, Georgia that four high school students who live in the Logan’s Crossing Manufactured Home Community (MHC) each received a $250 scholarship for maintaining a ‘B’ average in the 2015-2016 school year. The scholarships are given each year by the owners of the Logan …

Logan’s Crossing Manufactured Home Community Announces Annual Scholarships Read More

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Skyline Up, Manufactured Housing CompValue (MHCV) Mirrors Dow

The Dow Jones Industrials and the Nasdaq logged record closes. Various stocks closed at record heights, which MarketWatch tells the Daily Business News was triggered by a rise in oil prices. The extended gains of U.S. stocks also saw parallels in the rise in Treasury yields, and many MH stocks …

Skyline Up, Manufactured Housing CompValue (MHCV) Mirrors Dow Read More

Manufactured Home Community Owner YES! Redistributes Assets

YES! Communities, one of the largest owners of manufactured home communities in the nation with 178 communities in 17 states containing over 44,600 residential home sites, has announced it has sold 71 percent equity interest in its combined businesses to two global institutional investors, according to prnewswire. One of them …

Manufactured Home Community Owner YES! Redistributes Assets Read More

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Commissioner sees Manufactured Homes and Communities as Affordable Housing Solution

Affordable housing is defined as housing and utility payments falling under 30 percent of monthly household income. Colorado’s Durango County Planning Commissioners see manufactured homes as being a good fit for that important need, the Pine River Times tells MHProNews. Challenges in their market include the rising costs of conventional …

Commissioner sees Manufactured Homes and Communities as Affordable Housing Solution Read More

Ordinance Mandates Community Owners Give Nine Months Notice Before Closing

The Humboldt County Board of Supervisors in northern, coastal Calif. will consider a state-mandated proposed ordinance that requires manufactured home community owners in unincorporated areas to give residents nine months notice if they are repurposing the property which will require the residents to move. The county must adopt the ordinance …

Ordinance Mandates Community Owners Give Nine Months Notice Before Closing Read More

Sunday Morning Recap-Manufactured Housing Industry News Aug 7-Aug.14, 2016

What’s New in public focused Manufactured HomeLivingNews.com Comparing Tiny Houses vs Manufactured Homes – Function and Value vs. Fashion What’s New in Manufactured Housing Industry Professional News Children of home owners more likely to own homes. Trump tells NAHB he identifies with them. Residents of closing community continue trying to …

Sunday Morning Recap-Manufactured Housing Industry News Aug 7-Aug.14, 2016 Read More

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Manufactured Home Community Tangled in Legal Issues, Resident AG Complaints

The manufactured home community in Robinson Township, Pennsylvania remains in legal limbo between its owners and the final residents remaining on the property, which is moving towards closure. Channel 11 News shared its investigation of Twin Circle Mobile Home Park with MHProNews, where only a handful of residents remain.  Residents state that …

Manufactured Home Community Tangled in Legal Issues, Resident AG Complaints Read More

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Cavco continues to lead as Manufactured Housing Composite Value (MHCV) best the broader markets, posting gain

MarketWatch informed MHProNews that the Dow industrials hit an intraday record of 18,638.14. U.S. stocks post modest weekly gains, while Nasdaq hits record. Jump in oil prices causes U.S. stocks to climb to all time highs – assisted by lower jobless claim figures.  The Dow and S&P 500 closed the …

Cavco continues to lead as Manufactured Housing Composite Value (MHCV) best the broader markets, posting gain Read More

Developers Pare Down Size of New MH Community; Neighbors Still Unsure

Updating an MHProNews post from July 15, 2016, regarding the development of a new manufactured home community (MHC) in Calcasieu County, Louisiana, neighbors gathered Thurs. night, Aug. 11 who are opposed to the project. The Calcasieu Parish Police Jury Planning and Zoning Committee meeting Tue., Aug. 16 will discuss changing …

Developers Pare Down Size of New MH Community; Neighbors Still Unsure Read More

Florida’s Heartland Estates changes Hands

MHProNews has learned that MHRE Manufactured Housing Group arranged the sale of 278-home site Heartland Estates manufactured home community (MHC) in Haines City, Fla. to Murex Properties of Fort Lauderdale, a nationwide owner and manager of MHCs. The 55+restricted community boasts a 5,000 sq ft clubhouse with a veranda overlooking the …

Florida’s Heartland Estates changes Hands Read More

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Cavco Industries, Second Largest Producer of Manufactured and Modular Homes, Reports Quarterly Results

Phoenix, Arizona based Cavco Industries, Inc. (NASDAQ:CVCO) released key figures and financial highlights for the first fiscal quarter, which ended July 2, 2016. Cavco management followed their August 09, 2016 release of SEC reported filings with a conference call to discuss the results in further detail.  Key points released by …

Cavco Industries, Second Largest Producer of Manufactured and Modular Homes, Reports Quarterly Results Read More

First Time First Right of Refusal Law in Minn. Will be Tested

Following the ongoing saga of the Lowry Grove manufactured home community (MHC) in Minneapolis that has filed suit to reverse the sale of their community for not being offered first right of refusal, as MHProNews reported Aug. 8, 2016, an amicus brief from the state attorney general’s office in support …

First Time First Right of Refusal Law in Minn. Will be Tested Read More

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RV/MH Hall of Fame Releases Expansion Plans for Northern Indiana Event Center

The Elkhart, IN based RV/MH Hall of Fame has released more details this week about their plans for their Northern Indiana Event Center, Inside Indiana Business tells MHProNews. RV/MH Hall of Fame staff projects they will triple the available space, to take advantage of the lucrative event-planning market. Darryl Searer, …

RV/MH Hall of Fame Releases Expansion Plans for Northern Indiana Event Center Read More

Modular Housing Suggested for 10,000 Affordable Housing Shortage

Writing in idahostatesman, Jerry Brady, a business man and member of Compassionate Boise, having once “snobbishly dismissed” manufactured and modular homes as flimsy and unworthy, now realizes with a shortage of some 10,000 affordable homes in south and south-central Idaho, says, “I can’t do that any longer. If you dream …

Modular Housing Suggested for 10,000 Affordable Housing Shortage Read More

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Nobility Homes rising, The Carlyle Group slips and Manufactured Housing CV dips

Stocks ended slightly lower, MarketWatch informs MHProNews, dragged by slumping oil prices, while Treasury yields post the largest 2-day decline in a month. The 2016 Presidential Elections are being blamed for a slow down in sales. The dollar weakens, as investors bet the Fed won’t hike rates in 2016. Meanwhile …

Nobility Homes rising, The Carlyle Group slips and Manufactured Housing CV dips Read More

Manufactured Home can Provide Temporary Health Care

Minnesota’s temporary family health care housing law will allow a modular or manufactured home or recreational vehicle to be sited on the property of a relative, legal guardian or caregiver for up to one year, as MHProNews has learned from abcnewspapers. The law would allow a structure of up to …

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FEMA Grants California Control over Distribution of Emergency Manufactured Homes

Updating a story MHProNews last posted Aug. 1, 2016 regarding the use of the Federal Emergency Management Agency’s (FEMA) manufactured homes for people whose homes were destroyed in the Erskine Fire in California, the Kern County Board of Supervisors voted unanimously to pursue a county-state partnership for recovery from the …

FEMA Grants California Control over Distribution of Emergency Manufactured Homes Read More

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Drew’s Q2 – Dividends and Insider Trading

Elkhart, Indiana based Drew Industries (NYSE:DW), a leading supplier of RV and manufactured housing industries components, has announced their second quarter results. According to their August 9th, 2016 SEC filing by Chief Financial Office (CFO) David Smith, their Board of Directors approved a regular quarterly cash dividend of $0.30 per …

Drew’s Q2 – Dividends and Insider Trading Read More

Management Group Increases Holdings in Equity LifeStyle Properties (ELS)

Schroder Investment Management Group acquired an additional $2,017,000 worth of Equity LifeStyle Properties (ELS) shares for the quarter ending July 30th, 2016. Finance Daily tells MHProNews that the purchase results in a 2.2% increase over its previous holdings in the REIT (NYSE: ELS) bringing total investment figures up to $15,875,000. …

Management Group Increases Holdings in Equity LifeStyle Properties (ELS) Read More

Mainstream newspaper shares the love for MH, compares favorably to trendy Tiny Houses

Jim Weiker at the Columbus Dispatch recently told MHLivingNews about their take on the growing popularity of “Tiny Houses,” and compared them to the manufactured home (MH) market. Factory-built home industry professionals have been aware for years of the trend.  Some – like Fairmont’s President Brian Cira – have wondered …

Mainstream newspaper shares the love for MH, compares favorably to trendy Tiny Houses Read More

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