Manufactured Housing Industry

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Service, Manufactured Housing News Programming Alert

Between now and month’s end, there is a good likelihood that the new and improved MHProNews.com version 3.0 will be rolled out. The new site will feature: A bold new, modern look, feel, and navigation. Enhanced security features (necessary in today’s hacking and malware environment). More visually rich, with more …

Service, Manufactured Housing News Programming Alert Read More

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Manufactured Home Communities for Those in Need

South of Eugene, Oregon, in the community of Saginaw, the St. Vincent de Paul Society of Lane County is working to utilize manufactured housing to help those in need. According to the Register Guard, the organization has acquired the Saginaw Park community, furthering its efforts to buy and rehabilitate manufactured …

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Noteworthy headlines on - CNNMoney – Poor management helped an employee steal $103 million. Intel buys Israeli self-driving car firm for $15 billion. Bush economist: Trump should get moving on tax cuts. Marissa Mayer to get $23 million severance. Some bullets from Fox Business – Blizzard to shutter schools, snarl travel in northeast U.S. Wall St. dips as drug stocks drag. NATO chief says allies still fall short of fair sharing of defense burden. Snow Rally: Northeast storm heats up blizzard stocks. “We Provide, You Decide.” © Key Commodities Crude Oil 48.42 -0.07 (-0.14%) Gold 1,204.00 2.60 (0.22%) Silver 16.99 0.06 (0.37%) The markets at the Closing Bell Today… S&P 500 2,373.47 0.87 (0.04%) Dow 30 20,881.48 -21.50 (-0.10%) Nasdaq 5,875.78 14.06 (0.24%) Russell 2000 1,369.64 4.38 (0.32%) Image credit, Yahoo, posted for the Daily Business News, MHProNews. The MH Industry – Today’s Risers and Sliders The top two gainers for the day were The Carlyle Group (CG) and Universal Forest Products Inc. (UFPI). The top two sliders for the day were Skyline Corp. (SKY) and Patrick Industries Inc. (PATK). Manufactured Housing Composite Value (MHCV) Ticker NOTE: the chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above. NOTE: Drew has changed their name and trading symbol at the end of 2016 to Lippert (LCII). Graphic credit, Bloomberg Ticker for Daily Business News Manufactured Housing Industry Connected Stock Market Report, MHProNews. Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers. LCI Industries, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ## (Image credits are as shown above.) Submitted by RC Williams to the Daily Business News for MHProNews.

Carlyle Gains, Manufactured Housing CV Rises, Broader Markets Mixed

Noteworthy headlines on – CNNMoney – Poor management helped an employee steal $103 million. Intel buys Israeli self-driving car firm for $15 billion. Bush economist: Trump should get moving on tax cuts. Marissa Mayer to get $23 million severance. Some bullets from Fox Business – Blizzard to shutter schools, snarl …

Carlyle Gains, Manufactured Housing CV Rises, Broader Markets Mixed Read More

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MHARR to Secretary Perry: Withdraw Unnecessary MH Energy Rule

The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that it has formally called upon the Secretary of the U.S. Department of Energy (DOE), Gov. Rick Perry, to withdraw its proposed manufactured housing energy rule. MHARR says that the proposed rule is “rooted in climate change activism and advanced …

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As Deadline Looms, FEMA Wants Money

In Calaveras County, California, the Butte Fire had a significant impact on the area, putting a number of area residents into temporary Federal Emergency Management Agency (FEMA) housing. Eighteen months later, some residents are still in their FEMA homes, looking for permanent housing. And now, FEMA says they are out …

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Manufactured Housing Zoning Decision Reached

In Coldwater, Michigan, a rezoning proposal for the expansion of a manufactured housing community was rejected. According to the Daily Reporter, rezoning for the 10-acre expansion of Tall Grass Mobile Home Park failed, ending in a 3-3-tie vote after presentation and discussion before the Coldwater Planning Commission. Residents of the …

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Sunday Morning Weekly Recap Manufactured Housing Industry News March 5th 2017 to March 12th 2017

Our theme for this month is The Manufactured Housing Industry’s March Madness, and our featured articles are now live on the MHProNews.com home page.  To see the line-up of over three dozen featured articles for this month, along with the headline commentary, please click the link above. Manufactured, modular and prefabricated home professionals …

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Congressman Barr Defends Manufactured Housing, While Controversies Brew

In a new video-laced report, Congressman Andy Barr has taken a strong stand in the House of Representatives in favor of reforming Consumer Financial Protection Bureau (CFPB) regulations that he says are harming would be manufactured home buyers. The report provides a video of his congressional testimony, along with other …

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Proposed Manufactured Home Community Faces Fight

In Mount Vernon, Illinois, what appears to be another case of NIMBY (Not-In-My-Back-Yard) has reared its head. According to the Register-News, a first reading of an ordinance to annex property for a manufactured home community was held this week, and several residents in attendance voiced their concerns. “We would like …

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Land Bank Pursues Tax Delinquent Manufactured Homes

In Lawrence County, Ohio, the county land bank is making a very strong statement with regard to manufactured homes that are delinquent on their taxes. According to an editorial board letter in the Ironton Tribune, the land bank is looking to clean up abandoned and run-down properties across the county, …

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Cavco Rises, Manufactured Housing CV, Broader Markets Up

Noteworthy headlines on – CNNMoney – Has Trump unleashed America’s animal spirits? 25 million jobs in 10 years? So far, so good. 235,000 jobs added in Trump’s first full month. Musk offers to fix Australia’s energy crisis in 100 days. Some bullets from Fox Business – Achieving three percent growth this …

Cavco Rises, Manufactured Housing CV, Broader Markets Up Read More

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Manufactured Housing and Workforce Housing, Practical Partners

Even with over 300 households currently in manufactured home communities in Steamboat Springs, Colorado, the tried and true solution to the challenge of affordable workforce housing does not appear to be a priority. According to Steamboat Today, the Yampa Valley Housing Authority, with city and county support, owns the Fish …

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Manufactured Housing Industry Acquisitions Announced

On the acquisition front in the manufactured housing industry, Universal Forest Products, Inc. (NASDAQ: UFPI) has announced two acquisitions. Through one of its affiliates, UPFI has closed on the purchase of certain assets of Quality Hardwood Sales. Based in Nappanee, Indiana, Quality Hardwood Sales is a manufacturer and supplier of …

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Multi-Acre MH Expansion Approved, Residents Concerned

In Allenstown, New Hampshire, officials have formally approved the sale of 166 acres of town-owned land to a Canada-based manufactured home developer, Hynes Group. The company, which already manages the 300 unit Holiday Acres community in town, plans to expand it by an additional 210 units, which will be age-restricted. …

Multi-Acre MH Expansion Approved, Residents Concerned Read More

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UFPI Gains, Manufactured Housing CV Down, Broader Markets Rise

Noteworthy headlines on – CNNMoney – Wells Fargo fallout: Execs reshuffled, 3 managers out. Mnuchin warns Congress on debt ceiling. Engineers say fixing infrastructure will take $4.6 trillion. Staples to close 70 more stores. Some bullets from Fox Business – Andrew Puzder: Democrats afraid we will succeed. EPA Chief Scott …

UFPI Gains, Manufactured Housing CV Down, Broader Markets Rise Read More

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What’s Happening With Skyline Corp?

Fresh off of their announcement regarding the shutdown of their Mansfield, Texas production facility, and the subsequent announcement that Champion Homes will acquire it, Skyline Corp. (NYSE: SKY) announced yesterday that the company has suspended operations at its Elkhart, Indiana plant.   According to the South Bend Tribune, Skyline also …

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Who is Choosing Homeownership?

A new survey from the National Association of Realtors (NAR), shows some rather interesting statistics, and opportunities for the manufactured housing industry. According to Furniture Today, the 132-question survey, as a part of the 2017 Home Buyer and Seller Generational Trends study, showed that “Generation X” households are buying more …

Who is Choosing Homeownership? Read More

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New MH Community Proposal Approved, Residents Concerned

In Glendale, Arizona, new manufactured homes have received the green light. For some residents, that presents an issue. According to Your West Valley, the planning commission approved the proposal for 21 manufactured homes as part of the Campana Trails community. The homes will sit on five and a half vacant …

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Jobs Go Boom: Employment Numbers Show Trump Effect

For President Donald Trump, the news regarding jobs made for a great morning. “U.S. private sector job creation surging with nearly 300k created last month. Much more than expected!” tweeted Trump. Today’s report from global payroll firm ADP provides the first look at hard figures from the President’s first full …

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LPX Gains, Manufactured Housing CV Down, Broader Markets Mixed

Noteworthy headlines on – CNNMoney – Why women are better investors than men. U.S. poised for record oil output in 2018. What worries investing guru Jack Bogle right now. North Korean banks kicked out of global messaging network. Some bullets from Fox Business – Uber self-driving cars are coming back …

LPX Gains, Manufactured Housing CV Down, Broader Markets Mixed Read More

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