A manufactured home community in Manassas, Virginia is facing a unique set of circumstances. The city is ready to step in and solve a long running sewage problem at the community by purchasing it. But only if the residents move off the property. According to InsideNova, residents of the East …
Rewarding Bad Behavior? City Threatens Evictions, MH Residents Push Back Read More
“School Choice is the new civil rights issue in the African American Community,” said Bruce Levell, National Diversity Coalition for Donald Trump’s presidential campaign. Levell says he seriously believes that some 20 percent of black votes will be for the Trump-Pence ticket. That may seem modest, but if that occurs, …
Noteworthy headlines on CNNMoney – Housing bubble fears have returned. Verizon exec on Yahoo deal: “We have to be careful.” Chipotle falls 9% as recovery efforts fail to impress. Southwest Airlines stock plunges on lower fares. Some bullets from MarketWatch – “High pressure economy” may punish both stocks and bonds …
Carlyle, Cavco Up on Down Day for MHCV, Broader Markets Mixed Read More
Sun Communities, Inc. saw its short interest rise significantly in September, reports Chris Copeland for Baseball News. As of Sept. 30, the real estate investment trust’s short interest reached 1,758,243 shares, an increase of 77.5% from the 990,646 shares it had just 15 days earlier. According to an average daily …
Insider Trades, as Short Interest in Sun Communities by Fund Managers Rises Read More
Portsmouth, NH assistant mayor Jim Splaine is doing what he can to put an end to the stigma that’s often felt by people who live in manufactured homes. Too often, the areas where manufactured homeowners live are referred to as “trailer parks,” reports seacoastonline’s Jeff McMenemy. “I think it does …
Assistant Mayor Pushes to Remove “Trailer” Terminology Read More
In a story that’s included allegations, activists, protests and politicians calling for a change in state law, there’s a new twist in the Cal-Am/Heritage Village saga in Oregon. Sixty volunteers from Rebuilding Together, a Beaverton based non-profit that helps low income homeowners with free repairs, arrived at Heritage Village on …
Volunteers Make Statement, Repairs at Heritage Village Read More
Noteworthy headlines on CNNMoney – ObamaCare premiums to soar 22%. GM doubles earnings as it moves past recall crisis. Chipotle customers still scared. Under Armour takes biggest plunge since 2009. Some bullets from MarketWatch – Apple sales likely to fall again despite Samsung woes. Why Obamacare is in political purgatory. …
Carlyle, NorthStar rise but MHCV, Broader Markets Take Hit Read More
In South Carolina, City of Greenwood officials have decided to put a halt to the construction of manufactured homes in a section of the city being targeted for major neighborhood revitalization. City/County planner Phil Lindler cited lack of interest as the reason for the zoning change. The Greenwood City Council …
Noteworthy headlines on CNNMoney – Wells Fargo reputation is tanking, survey finds. Wall Street not a fan of AT&T-Time Warner deal. TD Ameritrade buying rival Scottrade for $4 billion. NYT buying a new revenue stream, The Wirecutter. Some bullets from MarketWatch – Goldman Sachs just cut its S&P 500 earnings …
Carlyle, Drew Lead Positive Day for MHCV, Broader Markets Up Read More
On the northwest side of San Antonio, a literally smelly controversy has been brewing. According to multiple news sources, including the San Antonio Current, the owner of Oak Hollow Mobile Home Park has been served a cease and desist by the city. The order tells him to stop lying to …
City tells Community Owner, Stop Lying – called a “Slumlord” Read More
“All of this change – without the benefit of actual rulemaking (as required by the 2000 law) — was touted by HUD (and others), at the time, as a money-saver. But it has not worked out that way,” – M. Mark Weiss A news and analysis from M. Mark Weiss, …
MHARR’s Mark Weiss takes on HUD: Production, Paperwork and Contractor Make-Work Read More
We began the month with this thought-provoking theme: Obstacles and Opportunities in Affordable Housing – October 2016. That link will take you to all of the featured articles and interviews this month. Manufactured, modular and prefabricated home professionals know that how a home got to its location should not define a …
When Hillary Clinton answered moderator Chris Wallace’s question in the third presidential debate about open borders and open trade, she essentially confirmed the accuracy of the documents coming out of her campaign chairman John Podesta’s emails via WikiLeaks. Among the thousands of revelations from the Clinton Campaign’s leaked messages are …
Noteworthy headlines on CNNMoney – Widespread outage hits Twitter, Netflix, others. AT&T in talks to buy Time Warner. WSJ seeks “substantial number” of buyouts. Big comeback for McDonalds continues. Some bullets from MarketWatch – The stock market is caught deep inside “no man’s land.” Microsoft’s stock sets record as analysts …
NorthStar Realty, Skyline Lead, Up on MHCV, Broader Markets Mixed Read More
Clayton Homes announced this week that all 36 of its home building facilities in existence in 2015 have attained International Organization for Standardization (ISO) 14001 registration. The registration means that Clayton has implemented the necessary sustainable-building guidelines required by the ISO. The company achieved the distinction of being the first …
In Addison County, Vermont, the issue of affordable housing is significant. With a vacancy rate of less than one percent, local officials and agencies were looking for solutions. According to mychamplianvalley, they believe they’ve found it in a new development, McKnight Lane, located in Waltham. “What can we do better? …
Affordable, Energy-Saver Manufactured Homes Come To The Northeast Read More
Residents in the northeast district of Hutchinson, Kansas have raised objections to a city council vote approving the seeking of a grant for the development of 16 moderate income apartments in the Hampton East area. According to the Hutchinson News, council member Jade Piros de Carvalho, who represents the northeast …
Noteworthy headlines on CNNMoney – Top Fed Official: Big banks ‘eroded’ America’s trust. U.S. to Swiss banks: Please let Americans open accounts. Verizon: We’re ‘still evaluating’ Yahoo deal. About 70 million watch final presidential debate. Some bullets from MarketWatch – Existing-home sales jump higher in September, helped by first-time buyers. …
UFPI and UMH buck trend – as MHCV, Broader Markets Down – Oil Hit Hard Read More
Commissioners in Eddy County, New Mexico have approved an ordinance that would allow officials to keep track of manufactured homes being placed in the county, according to the Carlsbad Current-Argus. Under the ordinance, which passed with a 4-1 vote, a permit would need to be sought before placing a manufactured home. …
According a report from the U.S. Department of Housing and Urban Development (HUD) Office of Policy Development and Research, of the 132.42 million homes that existed in the U.S. in 2011, 98.8 percent (130.85 million) were still there two years later. The report, entitled Components of Inventory Change: 2011-2013, and …
