Once known for its booming modular and manufactured home industry, Oxford, Maine has been dubbed the “Manufactured Housing Capital of New England.” Sadly, a downturn in May 2016, including the shutdown of Keiser Homes, cost at least 120 workers their jobs. The Daily Business News originally covered that story here. But …
Testimony by former Federal Emergency Management Agency (FEMA) Administrator Craig Fugate this week to the House Homeland Security Committee’s Emergency Preparedness, Response and Communications Subcommittee, included some very stern words about the current state of the organization. That included the call for experienced leadership. “FEMA is not the place for …
In the great state of Indiana, a bill recently passed in the state house regarding manufactured housing dealerships that has a rather interesting twist. House Bill 1119 was passed 94-0, and it places Manufactured Housing Dealers back into Indiana law. According to the Indiana Manufactured Housing Association (IMHA), State Representatives …
Noteworthy headlines on – CNNMoney – Caterpillar stock tumbles as feds execute search warrant. Companies are lining up to build the border wall. Mexican firm: We’ll provide cement for Trump’s wall. Venezuela is down to its last $10 billion. Some bullets from Fox Business – Trump advocates for defense buildup …
TCN, ELS Up, Manufactured Housing CV, Broader Markets Down Read More
The Senate, in a 58-41 vote Thursday, has confirmed Dr. Ben Carson to be the next Secretary of the U.S. Department of Housing and Urban Development (HUD). Carson’s nomination was approved by a bi-partisan majority of the Senate Banking, Housing and Urban Affairs Committee in a vote on January 24, …
Ben Carson Confirmed as HUD Secretary, MHI and MHARR Commentary Read More
Leading up to his speech to a joint session of Congress Tuesday evening, many were curious as to exactly how President Donald Trump would approach the moment and what his message would be. Post speech, the responses, and where they came from, were quite interesting. “This will be a very …
It never fails. No matter how much you clean, it always seems that something comes up, spills, or gets dirt on it. Why? Over the course of time, things happen. But, there are some things that you can do – or stop doing – to keep your home cleaner. According …
Habits to Make or Break for a Cleaner, Healthier Home Read More
In Hampton, South Carolina last night, Mayor John Rhoden and the Town Council extended a hand to a group of manufactured home community residents in an effort to make the best of an unfortunate situation. According to the Hampton County Guardian, residents of L&L Trailer Park got word late last …
Noteworthy headlines on – CNNMoney – Dow soars 300 points, zooms past 21,000. Wells Fargo strips CEO and 7 top execs of 2016 bonuses. McDonald’s to launch ordering app, expand delivery. Kay and Jared jewelry chains face discrimination allegations. Some bullets from Fox Business – Dow’s latest 1K-point advance ties …
UFPI Soars, Manufactured Housing CV UP, Broader Markets Hit New Records Read More
The report is in from the National Association of Realtors (NAR). According to Housing Wire, insufficient supply levels and contract activity in the West and Midwest decreased, bringing down pending home sales to their lowest level in a year. The Pending Home Sales Index is a “forward looking indicator,” based …
The Washington County, Maryland Board of Commissioners is holding a public hearing today regarding several proposed changes to the county’s zoning ordinance, including ones that affect manufactured homes. According to the Herald-Mail Media, zoning amendments are proposed to the 1973 ordinance from time to time due to changing times and …
First, a programming note. The new Featured Articles in the March issue of MHProNews will go live on the home page this weekend. Next… As you can read on the Masthead, in the wake of the death of my wife’s father Tuesday, the Manufactured Housing Institute’s (MHI) President and CEO, …
Washington, D.C., February 28, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that Executive Orders issued by President Trump within the past thirty days provide an unprecedented opportunity for the federally-regulated manufactured housing industry and American consumers who rely upon manufactured homes. The orders, says MHARR, …
MHARR: President Trump’s Actions Offer Major Opportunity for MH Industry and Consumers Read More
Noteworthy headlines on – CNNMoney – What Wall Street wants to hear from Trump. Bidding war over Obamas’ book deal. NY Fed president: “Animal spirits have been unleashed.” Shamed retail baron pays $450M to protect pensions. Some bullets from Fox Business – Dow halts record run, February was still mighty …
TCN Up, Manufactured Housing CV, Broader Markets Down Read More
With mortgage rates now beginning to move, those in the market felt the first effects of rising rates in December. According to Housing Wire, information from First American Financial Corp., a provider of title insurance, settlement services and risk solutions for real estate transactions, shows that the company’s price index …
Some interesting tips regarding mortgage down payments have come from one of the most famous places in New Mexico. According to the Taos News, the median down payment for first-time home buyers has been six percent for three straight years. And in the National Association of Realtors’ (NAR) “aspiring home buyer …
When the “Oracle of Omaha” speaks, people listen. Actually, millions of people listen. On February 25th, Warren Buffett delivered his annual letter to shareholders. In his letter, the manufactured housing industry was front and center, as Buffett discussed Clayton Homes. “Clayton and Berkshire have been a wonderful partnership,” wrote Buffett. …
The Report, Warren Buffett, Kevin Clayton and Clayton Homes Read More
Noteworthy headlines on – CNNMoney – Trump promises insurers a “fantastic plan.” Buffett: Market not in a bubble, still looks “cheap.” Trump meeting with regional media outlets. Tesla gets downgraded to “sell” by Goldman Sachs. Some bullets from Fox Business – Dow, S&P 500 close at record as Trump talks …
Skyline Soars, Manufactured Housing CV, Broader Markets Up Read More
Manufactured home communities are often “lightning bolts” when it comes to news. In the instance of the Sunny Acres Mobile Home Park in Tampa, Florida, it’s literal. According to WFLA, a high voltage, electric underground cable is lying above ground, on the sidewalk in the community, and it’s been there …
Usually, the addition of a new home to a neighborhood is greeted as something good, viewed as a benefit to the others as it could increase property values. That’s not the case in Shreveport, Louisiana. A manufactured home in the city’s Highland neighborhood is getting some attention from upset residents. …
