All three major stock indexes close at records for first time since 1999, as MarketWatch revealed to MHProNews. Treasury yields jump the most in a week, as stocks hit new records. HSBC advises investors to look where companies make their revenue. Reports reveals that certain REIT stocks are suffering from fear …
Cavco Industries biggest gainer as Manufactured Housing CV climbs Read More
Stocks ended slightly lower, MarketWatch informs MHProNews, dragged by slumping oil prices, while Treasury yields post the largest 2-day decline in a month. The 2016 Presidential Elections are being blamed for a slow down in sales. The dollar weakens, as investors bet the Fed won’t hike rates in 2016. Meanwhile …
Nobility Homes rising, The Carlyle Group slips and Manufactured Housing CV dips Read More
Updating a story MHProNews last posted Aug. 1, 2016 regarding the use of the Federal Emergency Management Agency’s (FEMA) manufactured homes for people whose homes were destroyed in the Erskine Fire in California, the Kern County Board of Supervisors voted unanimously to pursue a county-state partnership for recovery from the …
FEMA Grants California Control over Distribution of Emergency Manufactured Homes Read More
Jim Weiker at the Columbus Dispatch recently told MHLivingNews about their take on the growing popularity of “Tiny Houses,” and compared them to the manufactured home (MH) market. Factory-built home industry professionals have been aware for years of the trend. Some – like Fairmont’s President Brian Cira – have wondered …
Mainstream newspaper shares the love for MH, compares favorably to trendy Tiny Houses Read More
MarketWatch informs MHProNews that Treasury yields are drifting lower as summer trading cools. The dollar weakens as domestic productivity falls for 3rd month. Oil prices are said to be heading towards $30 a barrel. Gasoline prices may fall below $2 a gallon nationwide before year-end. Gold closes higher to end …
UMH leads gainers, Skyline slips as MHCV trails the broader markets Read More
What’s New in public focused Manufactured HomeLivingNews.com Loans – Financing – Mortgages for Manufactured, Modular and Mobile Homes What’s New in Manufactured Housing Industry Professional News Sale of Minn. MHC challenged by Attorney General. Section 8 vouchers can now but MH. Hall of Fame inducts Class of 2016. NC MH …
Sunday Morning Recap-Manufactured Housing Industry News Aug 1-Aug. 7, 2016 Read More
The Hendersonville (North Carolina) City Council approved a special use permit and four variances to redevelop the Whiteside’s Green Acre Mobile Home Park into the Claystone Manufactured Home Park, an age-restricted 55 and older community with 31 home sites, front porches and carports. Whiteside currently has 31 sites but only …
Redevelopment of MH Community in North Carolina Approved Read More
Elkhart, Indiana-based Drew Industries, Inc. reported consolidated net sales for the second quarter of 2016 increased to $441 million, 22 percent higher than the same period in 2015. “Our operating profit in the second quarter of 2016 improved to more than $59 million, compared to nearly $34 million in the …
Drew Reports Net Sales 22% Above Last Year’s Comparable Quarter Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) informs MHProNews that HUD Code production of manufactured homes in June 2016 rose 20.4 percent over June of 2015, 6,062 last year compared to 7,299 for June 2016. According to official statistics released by the Dept. of Housing and Urban Development (HUD), …
Following a story MHProNews last posted July 18, 2016 regarding the devastating flooding in West Virginia and the Federal Emergency Management Agency’s (FEMA) attempts to find housing for the displaced, a Temporary Housing Authorization Memo was issued July 5 authorizing Greenbrier and Kanawha Counties to receive Manufactured Housing Units (MHUs). …
FEMA Moving Manufactured Homes into two Additional West Virginia Counties Read More
The glitz and glamor that attach to an ownership interest in businesses such as hotels, a race track or a small chain of upscale restaurants suddenly tarnishes for some when the investment being considered is manufactured home communities (MHCs). While many think of them as “mobile home parks,” or in …
While Negative Perceptions of MH Persist, the Industry Grows says Seeking Alpha Read More
The Sterling, Colorado City Council will hold public hearings on conditional use applications for two lots on which the owners want to site manufactured homes that will be rental properties, as journal-advocate informs MHProNews. Lillian and Ed Buck, appearing at at a Sterling Planning Commission meeting earlier this month, and …
Planning Commission Approves Siting of Two Manufactured Homes Read More
In a letter to the editor of Corpus Christi’s Caller Times, Nick Milam reinforces Andy Taubman’s previous suggestion that the city site manufactured homes on the numerous vacant lots they have seized for back taxes, and give them or sell them to public housing clients. Residents of the Hillcrest community …
Resident: Site Manufactured Homes on Vacant lots for Hillcrest Neighbors Read More
What’s New in public focused Manufactured HomeLivingNews.com The Aha! Moment – Entertainer’s Delight LifeStyle Model Home Video Tour Proud to be American, God Bless the USA, Lee Greenwood Music Video, Interview What’s New in Manufactured Housing Industry Professional News Trump’s acceptance speech unexpectedly draws favorable response on CNN. New Jersey …
Sunday Morning Recap-Manufactured Housing Industry News July 17-July 24, 2016 Read More
Six years after passing the Dodd-Frank Act, which was designed to avert another financial crisis, the American Action Forum (AAF) asserts Dodd-Frank has imposed over $36 billion in final rule costs plus 73 million paperwork hours. That is an increase from last year’s $24 billion in final rule costs and …
The Dodd-Frank Legacy: Billions Spent, More Designated, Questionable Gains Read More
The Indian Springs Holiness Camp in Flovilla, Georgia plays out to its estimated 5,000 expected visitors when it closes after a ten day run July 24, a gathering that has been continuous for 126 years at the camp. Its 300 acres encompasses 120 cabins owned by individuals who stay there …
Large Religious Camp Seeking Manufactured Homes for Participants Read More
As kowb1290 in Laramie, Wyoming tells MHProNews, licensing of manufactured home communities (MHC) began in the 1950s, before zoning even existed, and has remained mostly unchanged as part of the zoning code since. The city council will consider the third and final reading of updated standards for MHCs on Tuesday, …
Laramie, WY Updating 50-year old Manufactured Home Regulations Read More
The Sooke City Council in British Columbia, Canada, south of the Vancouver area, is off for the summer, but when it returns in the fall, the councillors will be taking up an issue dealing with the owner of a manufactured home community (MHC) who wants to rezone 11,300 square feet …
Canadian City to Deal with MH Community Rezoning, Hold Housing Forum Read More
What’s New in public focused Manufactured HomeLivingNews.com Educator, Builder Compare Conventional House to Residential Style Manufactured Home Living & Quality Illinois Professional Couple Discover their Getaway Home near Florida’s top Beaches What’s New in Manufactured Housing Industry Professional News Section 8 vouchers good for buying manufactured home. CBO: U. S. …
Sunday Morning Recap-Manufactured Housing Industry News July 10-July 17, 2016 Read More
The Pine Ridge Mobile Home Park in Prince George, Virginia, just south of Richmond adjacent to I-295 received the blessings of the Prince George Board of Supervisors to expand the community by 131 home sites, bringing the total to 373. Michigan-based owner Sun Pool I LLC has agreed to install …
Pine Ridge Manufactured Home Community gets Green Light to Expand Read More
