The portlandtribune reports a huge tree that uprooted and fell down an embankment into the Sieben Creek behind the Shadowbrook Mobile Home Park Dec. 12, 2012 in Clackamas, Ore. has apparently ceased to cause problems. The residents’ major water line damaged by the tree was repaired Dec. 28, but the …
In Prefabulous and Almost Off the Grid, Sherri Koones’ most recent book about prefabricated housing, she features over 30 homes which consist of pre-made components to varying degrees. A long-time proponent of factory-built homes, Koones notes that many home builders are more focused on selling homes than adapting to new …
The esteemed Warren Buffett, Oracle of Omaha, the eminence of income, who worked hard and smart and honestly to make his wealth, according to wallstreetcheatsheet, in an essay published online by Fortune magazine remarks on the incredible economic growth in this country since 1776, and the future importance of gender …
MHProNews has learned the National Association of Home Builders (NAHB) Chairman Rick Judson, a home builder in Charlotte, NC, has issued a statement on the nomination of Rep. Mel Watt (D-NC) to head the Federal Housing Finance Agency (FHFA). “We applaud the nomination of Representative Watt to this important position. …
Regional sales manager for Greenstar Building Systems Randy Duggan writes in the Daily Journal of Commerce from Seattle that the Northwest is beginning to accept modular construction as a viable alternative to site-built. Noting the press has covered commercial modular projects as well as nonprofits exploring low-cost modular housing, he …
BusinessWire states Warren Buffett’s Berkshire Hathaway, Inc. has acquired the 20 percent of International Metalworking Companies (IMC) B.V. of Tefen, Israel that it does not already own for $2.05 billion. IMC manufactures and distributes a wide range of metalworking tools for numerous applications through its facilities and subsidiaries in 61 …
Berkshire Hathaway Acquires Balance of International Metalworking Companies Read More
The “Father” of the used manufacturing housing business and author of the book “Deals on Wheels,” Lonnie A. Scruggs passed away April 15 in Chesapeake, VA at age 83. Mobile Home University says he was the first best-selling author of a book about how to make money from buying, selling, …
In a video on the nationalrealestatepost, hosts Frank Garay and Brian Stevens, in noting the importance of manufactured housing to 22 million Americans, stress the need for Congress to enact HR 1779, the Preserving Access to Manufactured Housing Act. One commentator says manufactured housing is superior to conventional housing because …
Following up on the multiple housing woes of the northern Ontario (Canada) Cree Community of Attawapiskat with sewage backup problems off and on since 2009, forcing residents to evacuate their homes, as MHProNews last reported Feb. 5, 2013, now the homes and the community hospital have suffered the same fate …
ValleyNews from Mount Holly, Ver. tells MHProNews former state senator Will Hunter wants to turn an old roadhouse stopover for skiers in years gone by into a rehab house for 12 or so women who are recovering from substance abuse, and is asking the state for $300,000 to fund it. …
Senator Kevin Bryant of the South Carolina Legislature was honored by the Manufactured Housing Institute of South Carolina (MHISC). He said, “ I was honored by the Manufactured Housing Institute of South Carolina on Thursday 04.18.13 with the Legislator of the Year for 2012. Most legislation dealing with Manufactured Housing …
The Dept. of Housing and Urban Development’s ManuFACTured Housing Newsletter reports the Manufactured Housing Consensus Committee (MHCC) announces the appointment of three new members of the committee and the reappointment of six members, including the chairman, Richard Weinert. New members include: Debra Blake, Deputy Dir. for the MH Office, Arizona …
New Members of the Manufactured Housing Consensus Committee Read More
M & W Trailer Sales opened in Escondico, Calif. in 1959 when customers had two carpet choices—avocado green or harvest gold, and Noel Williams (the ‘W’) lived on the lot in a trailer with his wife. Now called M & W Home Sales, and located in Hemet, Calif., The Press …
For the first time in the history of the Federal Housing Administration (FHA), with its mortgage fund a minus $13.5 billion, the agency may need a government bailout by October, as HousingWire tells MHProNews. FHA Commissioner Carol Galante said, “The President’s budget projects that FHA may need a $943 million …
The National Association of Home Buyers (NAHB), testifying before the House Financial Services Subcommittee on Housing and Insurance, urged lawmakers to move cautiously in reforming the Federal Housing Administration (FHA) because the tight lending standards are already preventing qualified home-buyers from obtaining mortgages, as MHProNews has learned. NAHB First Vice …
According to what HousingWire tells MHProNews, 70 percent of lender professionals believe the housing recovery is real, and will continue to improve during the coming six months. Sixty percent of bankers think credit will be available over the next six months for refinancings, and 59 percent say credit will be …
Laurie Maggiano, policy director for the U. S. Treasury’s Homeownership Preservation Office, says many people continue to be left out of the housing recovery, and if fact are still struggling, and how the Obama administration hopes to change that. A partnership between the Treasury and NeighborWorks America will reach out …
Housing Recovery Passing over First-time Prospects Read More
UMH Properties’ stockholders of record on May 15th will receive the benefit of $0.18 per share June 17, representing a yield of 6.79%, according to information MHProNews has received from utahpeoplespost. While The Street downgraded the stock to “hold” from “buy” March 15, it was up Monday April 8 by …
According to the brightonpittsfordpost, Robert Morgan, founder and CEO of Rochester, NY-based Morgan Management has been named recipient of the 2013 Herbert W. Vanden Brul Entrepreneurial Award by the RIT Saunders College of Business. Honored for 30+ years of successful business in Rochester, the company Morgan founded now employs 950 …
According to paloaltoonline, 15 people share three houses, a trailer, a vegetable garden and household tasks in an intentional community, called Greenwave, along a small Palo Alto (Calif.) side street. Owned by three of the members to whom the others pay rent, the three homes are manufactured housing to keep …
