Continuing today, the Daily Business News manufactured housing industry connected market report on MHProNews will add and tweak some features, in an ongoing effort to provide ever more useful and balanced information to readers. “We Provide, You Decide.” © Noteworthy headlines on CNNMoney – Yellen: U.S. is near “maximum employment.” Banks …
UFPI, UMH, Manufactured Housing CV Up, Broader Markets Mixed Read More
In Melbourne, Florida, manufactured homes are getting a whole new level of respect. From millennials. “The generation that is now attracted to manufactured homes wants all the extras and we’re giving it to them,” said Ryan Brower, general manager at Lamplighter Village. “Today’s buyers may be downsizing from a 4,000-square-foot …
Richard Cordray, Director of the Consumer Financial Protection Bureau (CFPB) is getting some help from Senate Democrats to save his job. As the Daily Business News reported recently, Republican Senators Mike Lee (UT) and Bob Sasse (NE) sent a letter to Vice President-elect Mike Pence and President-elect Donald Trump, urging …
In Sweden, even with a robust and sturdy “welfare economy,” the nation is still suffering from an intense housing shortage due to its popularity as a destination for migrants. It’s now looking to shipping containers as an option to ease the crisis. And with imports from places like China to Europe much …
Faced With Housing Shortage, Nation Turns to Unused Containers Read More
Residents of a Weslaco, Texas manufactured home and RV community are dealing with code violation notices from city officials. According to KRGV, Hidalgo County health officials have flagged more than half of the homes and RVs at the Weslaco Trailer Park property in the last week. They said violators are making …
Residents Try to Keep Up With Repairs, Code Violations Read More
Continuing today, the Daily Business News manufactured housing industry connected market report on MHProNews will add and tweak some features, in an ongoing effort to provide ever more useful and balanced information to readers. “We Provide, You Decide.” © Noteworthy headlines on CNNMoney – Trump to sit with Bill O’Reilly for …
Deer Valley, Skyline Hit Hard, Manufactured Housing CV, Broader Markets Down Read More
Clayton Homes, one of the nation’s largest builders of manufactured housing and a subsidiary of Warren Buffett’s Berkshire Hathaway (BRK/A), tells MHProNews that they have launched a new division of the company that will deliver homes from home building facilities to retail home centers. Clayton Home Transport will be a part …
In another case of NIMBY (Not-In-My-Back-Yard), a South Carolina County Council is asking for more clarity. The Aiken County Council has sent a proposed rezoning back to the planning commission to review alternate zoning of some or all of the area. According to the Aiken Standard, last month the County Council …
Proposal to Keep Manufactured Housing Out Sent Back to Planning Commission Read More
President-elect Donald Trump has put forward a number of aggressive initiatives to spur or grow the U.S. economy. On the subject of taxes, questions about the ramifications from changes abound. And, the opportunities for the manufactured housing industry come clearly into focus. According to National Mortgage News, proposed corporate tax …
Proposed Trump Tax Reform, Does it Change Affordable Housing Finance? Read More
3D Virtual tours have become a next-generation standard in digital real estate marketing. So much so, that millions of conventional house, condo or townhouse buyers have come to expect them. “Considering the fact that new and ‘existing’ (pre-owned) site-built houses out-sell manufactured homes by millions of units annually,” said veteran …
Sunshine Homes to Unveil Next Gen Tech for Home Shoppers at 2017 Louisville Show Read More
As “baby boomers” eye retirement in large numbers, builders believe that they could jumpstart an affordable housing boom. Per FOX Business, a report by the Harvard Joint Center for Housing finds that by 2035, more than one in five people in the U.S. will be aged 65 and older and one in …
Harvard Study, Baby Boomers to Spark Affordable Housing Boom Read More
A new report notes that Skyline Homes is joining the ranks of those leading-the-charge in manufactured housing by providing a rich, multi-media shopping experience for new home seekers. The report on MHLivingNews cites research by Contactually and the National Association of Realtors – underscoring how Sunshine Homes, Clayton Homes and …
Leading by Example in Digital Home Shopping Experience Read More
Canada based real estate investment trust Killam Properties Inc. (TSE:KMP.UN) received a number of recommendations from ratings firms recently, with an average recommendation of “buy.” According to Community Financial News, Canaccord Genuity decreased their price target on Killam Properties from C$14.00 to C$13.50 on January 5th. Scotiabank reaffirmed its “sector …
Killam Receives Recommendations From Ratings Firms Read More
Things are heating up in Arkansas between the manufactured housing industry and Governor Asa Hutchinson’s office. According to KATV, the issue stems from a proposal that is designed to stop military retirement benefit pay from being taxed. Proponents of the proposal say that it would bring more military to live …
Manufactured Housing Industry Speaks Out Against Tax Levy Read More
America’s small businesses are very optimistic. Per Bloomberg, The National Federation of Independent Business’s (NFIB) index jumped 7.4 points last month to 105.8, the highest since the end of 2004, from 98.4. The December numbers represent the largest rise in optimism since 1980 as expectations about the economy’s prospects improved …
With confirmation hearings underway for Dr. Ben Carson as Department of Housing and Urban Development (HUD) Secretary, the voice of opposition is speaking loud and clear. “Although you have many accomplishments in the medical field, there is relatively little in the public record that reveals how you would further HUD’s …
Former HUD Secretaries Endorse Ben Carson for Post Read More
A new year, a new month, and a new set of featured articles are found on the MHProNews.com home page. Our theme for this month is: Jiu Jitsu January in Manufactured Homeland, USA. To see the line-up of over 3-dozen featured articles for this month, along with the headline commentary, …
Assurant, Inc. (NYSE: AIZ), a global provider of risk management solutions has announced that it paid $125 million in cash for Green Tree Insurance Agency, with potential earn outs of up to $25 million, based on future performance. Assurant is acquiring Green Tree from a wholly owned subsidiary of Walter …
Continuing today, the Daily Business News manufactured housing industry connected market report on MHProNews will continue with tweaks on features, in an ongoing effort to provide ever-more useful and balanced information to readers. “We Provide, You Decide.” © Noteworthy headlines on CNNMoney – Wells Fargo is closing over 400 bank branches. …
Deer Valley’s Big Day, Manufactured Housing Comp Gains, Broader Markets End Week Mixed Read More
In a major move at Patrick Industries, Inc. (NASDAQ:PATK), CEO Todd Cleveland sold 10,000 shares of stock on January 6th. At an average price of $80.16, the total value of the transaction was $801,600.00, per Sports Perspectives. Post-sale, Cleveland now owns 344,998 shares in the company, valued at approximately $27.6 million. During …
Insider Action, Earnings Results at Patrick Industries Read More
