The March 27 Webinar, Real Homes, Real Value: Improving Real Property Appraisals of Manufactured Homes sponsored by the Corporation for Enterprise Development (CFED), addressed the problems of getting accurate appraisals on manufactured homes across the country. Doug Ryan, Director of Affordable Homeownership Initiatives at the CFED, says the Innovations in …
According to gosanangelo, the San Angelo City Council in south central Texas is anticipating the arrival of oil field workers and wants to legally define where the expected RVs will locate. Currently they are allowed in manufactured home communities, but cannot exceed over 30 percent of the units sited there. …
Four uninhabitable manufactured homes at Florella’s Park in Northfield, Minn. that have been empty for years will be removed by the Housing and Redevelopment Authority (HRA) using funds from a Housing and Urban Development (HUD) Block Grant, as southernminn tells MHProNews. According to federal standards, HRA must acquire the homes …
The Federal Emergency Management Agenacy (FEMA), following several delays, conducted two “Industry Day” meetings on March 15, 2013 to obtain industry input — and provide relevant information to interested parties — regarding expected future solicitations for emergency Temporary Housing Units (THUs). The meetings were divided into a morning session primarily focused …
Picked to head the Securities and Exchange Commission, Mary Jo White’s confirmation is all but assured as she breezed through the Senate Banking Committee 21-1 this morning. As originationnews tells MHProNews, only Sen. Sherrod Brown voted against her because he doe not think a Wall Street lawyer should be policing …
Mitch Zacks of zacksinvestmentmanagement says one of the major factors driving the stock market as it hits new highs is the strength of the job market, which has witnessed the strongest period of job increases in over five years, and a concurrent drop in unemployment claims to a five-year low. …
MHI News MHI Holds Productive Legislative Conference and Winter Meeting MHI’s 2013 Legislative Conference and Winter Meeting, held February 24th through 26th in Crystal City, VA just outside of Washington, DC, proved to be a success with 83 industry leaders attending, similar to last year’s meeting of 84 attendees. The …
HousingWire informs MHProNews Chairman of the House Financial Services Committee, Rep. Randy Neugebauer, (R-TX), during a committee hearing on the private mortgage insurance market, noted that the Federal Housing Administration (FHA) continues to risk taxpayer dollars. In regard to FHA and its Mutual Mortgage Insurance Fund, he says, “FHA does …
… Randy Rowe
1) Who, What and Where: (Your name, and your formal title at Green Courte Partners).
Randy Rowe, Founder and Chairman of Green Courte Partners, LLC.
Ours is an amazing industry that ought to be holding its head high daily, one that deserves to see long lines of consumers, media and public officials knocking at our door, asking us to share more of what we do so well. No one can touch our entry level product …
CNNMoney reports Berkshire Hathaway Chairman Warren Buffett, noting the sell-off in stocks recently when Federal Reserve meeting minutes indicated some members wanted to slow the buying of assets, says once the Federal Reserve actually starts selling the trillions in mortgages and Treasuries, the market reaction could be extreme. “All over …
CNNMoney informs MHProNews that home foreclosure may not end a borrower’s monetary responsibility if the bank does not transfer the deed or hold an auction. Almost two million properties started but never completed the foreclosure process, which can leave the borrower holding the bag for property taxes, fees, and association …
Under Massachusetts law, MHC residents have the opportunity to match an offer by a third party to buy their community once it is offered for sale. Wheel Estates’ owner Morgan Management has a signed purchase agreement from Real Estate Seekers LLC for $2.73 million for the North Adams, MA community …
According to hostmadison, the city of Madison, the state of Wis., and the Federal Emergency Management Agency (FEMA) are partnering to build a storm shelter for the 540 residents of the Highland Manor Mobile Home Park on the southside of Madison. With an $1.18 million FEMA grant, the $1.52 million, …
Top National News Freddie Mac: Multifamily Affordability Is Now a Key Focus Freddie Mac reports that residents of apartment communities of five or more rental units currently make up 15 million U.S. households — a figure that is expected to climb with shifting demographics and shelter preferences. Such factors as …
This is as good a time as any for our industry to take the blinders off. Blinders may keep a horse ‘focused’ on the race by limiting their field of vision. But when it comes to blinders on people, we often need to see more, not less, to grasp our …
In his take on the housing market, Benzinga reports billionaire real estate tycoon Sam Zell says there are 3-4 million houses in the market not for sale, not foreclosed on, and possibly unoccupied that need to be dealt with in order to have a strong housing market. Noting our society …
Sam Zell on the Housing Market: It’s Going to be a While Read More
An article in NuwireInvestor refutes the charge in a Wall Street Journal piece from Dec. 11, 2012 that the manufactured housing market is declining while the site-built market is rebounding. Of the 50,000 MHCs in the nation, 45,000 serve as affordable housing for those who pay around $500 a month …
IBerkshires reports the town of Williamstown, Mass. has applied for a $6.25 million Hazard Mitigation Grant to buy out Spruces Mobile Home Park, pay MHC owner Morgan Management $600,000, and remove the infrastructure so no one could live there. Bordering the Hoosic River, the area was hit hard by flooding …
Professional interest by government officials, investors and professionals like yourself in manufactured and modular housing are hot topics today. How do we know? Every time you or anyone else visits a website, a digital impression is made that is recorded as a “visit,” “session” or similar term. While we don’t …
