One of the areas that witnessed broad manufactured housing industry consensus was the opposition to the HUD onsite completion rule, which goes into effect Sept 7, 2016. Manufactured homes that include the following features, says MHI, are among those which will be impacted by the new and costly rule. A …
Resources for HUD Code Manufactured Homes Onsight Completion Rule, effective Sept 7, 2016 Read More
Mayor Tom Hoye and state Sen. Marc R Pacheco were among those who attended the celebration at Colonial Estates in Taunton, MA when the resident association formally purchased the community. Colonial Estates residents organized and collectively purchased the community for $10.2 million from the previous owner, Shamrock Redwood Colonial LLC …
Mayor and State Senator attend to witness Manufactured Home Community Purchase Read More
Skyline Corporation (NYSEMKT: SKY) saw its stock decrease by 10.78% in short interest, states consumer and financial news company, Consumer Eagle. Skyline designs, produces and markets manufactured and modular housing models as well as park models, as MH industry pros know. The company had a total short interest of 344,200 shares …
Skyline Stock in Focus Report; Markets Closed for Labor Day Read More
As it’s owners, managers, policy wonks, investors and working professionals who are the largest likely group of readers of MHProNews, it’s useful on this Labor Day to think beyond the celebration and the paid federal holiday, and look at what’s happening to labor in the United States. Because much of …
Labor Day 2016, By the Numbers – and Manufactured Housing Read More
“Revolution Pre-Crafted Properties is a collection of limited edition dwellings, ranging from functional pavilions to modular homes,” explains DesignBoom. “The average price for one of these homes or pavilions is US $300,000, which I think is very compelling, because not everyone has access to these architects. And even if you did, you would …
For two days, rain tortured the heart of bayou country, dumping 24 inches in less than 48 hours on southern Louisiana, says a report in the DigitalJournal. The 1000-year event flooded more than 100,000 residences, sending families into shelters and the homes of friends, relatives and even strangers. Now, as …
Stocks ended modestly higher after a soft jobs report, says MarketWatch. “The U.S. added 151,000 jobs in August, slowing sharply from earlier in the summer.” The billion-plus monthly pageview news aggregator Drudge Report cited the following headlines and numbers; Biggest gains in bars, restaurants – ‘Army of Men’ Out of …
Cavco Leader, MHCV Outperforms, as soft jobs reports checks Wall Street Read More
Lauren Urbanek, writing for the Natural Resources Defense Council (NRDC), is among the recent writers and policy advocates expressing their support for the Department of Energy (DOE) proposed revised standards for manufactured housing (MH). Building on a report on the American Council for an Energy-Efficient Economy (ACEEE) done by Senior Policy …
CML News recently took a deep dive into a head-to-head comparison between Memphis, TN-based Mid-America Communities, Inc. (NYSE: MAA) and Southfield, MI-based Sun Communities, Inc. (NYSE: SUI). After a side-by-side comparison of both communities’ revenue growth, earnings, revenue per employee, operating margins, free cash flow and valuation, CML News determined …
Analysis – Mid-America Apartment Communities vs. Sun Communities, Head-to-Head Comparison Read More
JD Harper, Executive Director of the Little Rock based Arkansas Manufactured Housing Association has told the Daily Business News that, “Our organization has been working on a series of short videos to address common myths, misconceptions and stereotypes that many potential homebuyers have about the quality, value and safety of …
Arkansas MHA’s ‘GET THE FACTS’ Video Series Completed Read More
Affordable housing options are becoming less plentiful around the country, but according to Urban Institute researchers, there are ways to sidestep what has become an outright crisis. The numbers surrounding the lack of affordable housing across the U.S. are staggering. In their map shown at the top left, light colored …
The S&P 500 snapped its 5 month winning streak today, says CNBC, with the energy sector down. Treasuries also retreated, following the ADP jobs report. A CNNMoney Op-Ed suggests that it is business that must lead the way to global recovery. UMH Properties (UMH) led gainers, in the manufactured housing …
UMH leads, Manufactured Housing CompValue recovers, as broader Stocks close lower Read More
Dozens of FEMA manufactured homes have already been approved for victims of the recent flooding in Louisiana. Hundreds more are in the pipeline. Initial approvals are going to those who already have a home site, which in practice means the recipient of the FEMA home will be placed on the …
Video – FEMA Manufactured Homes Going to Louisiana Flood Victims Read More
Tuesday, 8.30.2016 saw some 194,207 shares Equity Lifestyle Properties, Inc. (NYSE:ELS) trade hands, says the PressTelegraph. But their headline on this date erred in say “stock dropped,” as Yahoo! Finance confirmed the Daily Business News’ Bloomberg supplied ticker’s report that ELS’ stock was up, closing at 77.79, +0.19 (+0.24%). InvestorNewswire …
Quo Vadis ELS? Analysts Look at Hotly-Traded Equity LIfeStyle Properties Stock Read More
The Carlyle Group (CG) is reportedly one of the top 100 largest manufactured home community operators in the U.S.. Its big hedge fund business is said to be heading for the exit, according to SeekingAlpha and Bidness. Investopedia says that, “Carlyle Group (CG) is experiencing a period of both highs …
Bankers are nervous over the UK’s Brexit, says CNBC, and they’re jittery of the fallout of that event. Oil slides, reportedly over the strong dollar, but talk of a potential Clinton administration taxing fossil fuels even more is likely part of the mix. Gold is losing its luster with their …
The U.S. Census Bureau maintains a wide array of statistical information, and that data includes manufactured housing, as industry veterans and enthusiasts know. The following charts are the most recent stats available from those reports, and they cover the period 2014, 2015 and part of 2016. Please note that Part …
New Manufactured Home Industry Shipments 2014-2016 Statistical Report – Part II Read More
“It started last fall when we issued a permit to allow a manufactured home on a regular single-family lot,” said Ann Marie Townshend, director of Dover’s Planning and Community Development. “It got some people upset so we fixed the definition of single-family dwellings so that couldn’t happen again,” reported Mike …
A recent study by the National Association of Home Builders (NAHB) indicates that an average of some 24.3 percent of the price of a new house can have that cost traced back to regulatory impact. The NAHB study reflects costs of regulations from all levels of government: local, state and …
NAHB Report – High Cost of Regulations Impact Housing – and Manufactured Housing Read More
Data released by the U.S. Census Bureau reveals a mixed pattern in prices for new manufactured homes, depending on month, single vs. multi-sectionals and the region of the country. For example, single sectional manufactured homes in the Northeastern United States in January, 2014 sold for an average of $48,700 in …
2014-2016 Manufactured Housing Industry, New Retail Home Pricing Trends by Region Read More
