Emmett, Idaho based T.J.T. Inc., reported their fourth quarter and 2014 fiscal year results. TJT (OTC Markets: AXLE) is a supplier of axles, tires and installation supplies for the manufactured home industry, says BusinessWire and HearldOnline. Income before taxes was stated as $247,912 on net sales of $6,163,707. Fourth quarter …
T.J.T., Inc. Results for Q4 and Fiscal Year 2014 reported Read More
While many in factory-built housing naturally tout the clear benefits of modular home building, recent housing reports reflecting gains in production of on-site home sales show those results dwarfs modular production. The National Association of Home Builders (NAHB) Chief Economist David Crowe sees good signs in housing overall. Crowe …
Overall Housing Growth, but its a Mixed Bag with Modular Homes sales results Read More
In a recent Question and Answer column in Maine’s Tri-Town Weekly, a commentary by news writer John McDonald was published under the headline, DOWN THE ROAD A PIECE: On the move. McDonald’s column was in reply to an email received from “Frank,” who wrote: “We moved here from a southern …
Negative views about Manufactured Housing in the media – do we just expect and accept it? Read More
Cavco Industries, Inc. released earnings data, Property Mentor Group tells MHProNews. Cavco is the number 2 producer of manufactured and other factory built homes in the U.S.. The company reported $0.61 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.61. The company had revenue of $139.30 million …
Property Mentor gives thumbs up on Cavco Industries Read More
As the name implies, we’re launching a new MHProNews feature that will make it easier for the Sunday morning coffee drinker to pick up their tablet, smartphone or laptop and catch up on news as it relates to the manufactured housing industry. What that means is we cover manufactured, modular …
Sunday Morning Manufactured Housing Daily Business News Weekly Recap – 11.9-15.2014 Read More
The fight goes on to protect thousands of manufactured homes owners and some related businesses in Bulloch County, GA. WTOC tells MHProNews that “Hundreds of mobile home owners demanded changes at a meeting last night in Bulloch County, where commissioners will adopt restrictions they passed last month. Under the rules, …
Effective immediately, manufactured homes will be eligible for CalHFA FHA first mortgages, including CalPLUS FHA first mortgages, California Manufactured Housing Institute (CMHI) tells MHProNews. Eligible manufactured homes must meet all FHA and US Bank guidelines, including requirements for a permanent foundation. The borrower’s minimum credit score must be 660 or …
CalHFA FHA First Mortgages will accept Manufactured Homes Read More
The Department of Energy is considering new efficiency rules, download linked here, for residential non-weatherized gas furnaces and “mobile home” gas furnaces. The Energy Department’s Office of Energy Efficiency and Renewable Energy announced Wednesday it will hold a public meetings to discuss the proposed rules. This comes after a federal …
New Rules for Gas Furnaces from Department of Energy Read More
When the temperatures drop in wintertime, owners of Manufactured Homes reap a great benefit, lower heating bills. One of the top trends driving today’s housing market is the demand for energy-efficient homes that don’t sacrifice comfort for quality. Here’s what is trending for 2015 and beyond. “Because of the way …
Manufactured Homes Soar in Energy Efficiency, says University of Michigan Read More
The Del Oro Water Co., which serves the Quail Trails Village Mobile Home Park in Paradise, California, in responding to resident’s complaints about the foul-smelling water, says that because of the water shortage, more chemicals are needed to treat the existing water. But the company adds that it is bacteria …
Residents of the Hala Point Mobile Home Park in Panama City, Florida are concerned that a 40-unit apartment development will increase flooding in the community because the county’s drainage system is inadequate, according to newsherald. County storm water engineer Josee Cyr says, “The drainage system out there is probably adequate …
Manufactured Home Community Residents Concerned Development will Increase Flooding Read More
Under the current Sussex County (Delaware) code, manufactured homes (MH) are lumped together with hotels, motels and tourist homes, but a new proposal under consideration would consider them as dwellings, according to villagesoup. A public hearing on a proposed RV community and campground for Castaways at Massey’s Landing triggered the …
The Housing Authority of the City of Napa (HACN) will administer a no-cost home repair loan over a 30-year term to low-income residents who need repairs and upgrades to their homes in Calistoga, California. The half-million grant will be available to those who make 80 percent or less of the …
Manufactured Housing Residents Eligible for No-cost Repair Loans Read More
The New York Times ‘ recent article on the MH/CFPB issue states that manufactured homes have become a crucial source of affordable housing in the South, West and northern New England, according to the Consumer Financial Protection Bureau’s (CFPB) report last month, with prices of less than half the $94 per square …
New York Times on CFPB – Manufactured Homes Crucial to Affordable Housing Read More
While the Great Recession took the wind out of the sails of Elkhart County, Indiana’s two largest industries – manufactured housing (MH) and recreational vehicle (RV) – RV manufacturers are now cheering their great recovery while the MH industry continues to slowly move forward, locally as well as nationally. The …
Indiana RV Industry Recovering Well; MH Industry Recovering Steadily Read More
Following a story MHProNews posted Oct. 22, 2013 entitled Will Texans take to Tiny Homes, a recent story about small homes on BillMoyers.com, asked if respondents could live in a tiny home, drew a series of responses. Gordon Billingsley said he lived in a 920 square-foot passive solar home and …
Tiny Homes/Factory-built Housing could Replace the Blight Read More
Award-winning, nationally syndicated columnist, Ilyce R. Glink, writing for CBS News, provided home buyers in general – and manufactured housing shoppers and professionals in specific – with a gift. Glink tells MHProNews that finding affordable living options is difficult, but doable. Glink advised buyers not to “run away when you …
CBS News’ Ilyce Glink gives Manufactured Housing vs. old houses the gift of Comparison Read More
Mammoth Lakes Housing (MLH) has just received a grant from the California Department of Housing to assist with mortgage and the rehabilitation of manufactured housing. The private non-for-profit proudly announced the news and plans to use the $1 million for the purchage and the rehabilitation of pre-HUD Code mobile homes as …
Manufactured housing’s historic producer, Skyline Corporation, closed a deal made with Evergreen Recreational Vehicles, LLC on Oct. 7. The Real Property Purchase Agreement transferred Skyline’s RV business segment at an approximate cash price of $981,000. The sale executed a few days ago includes the RV manufacturing facility located in Bristol, Indiana. …
Historic Manufactured Housing producer Skyline Corporation Making Moves Read More
Wholly owned SearchCore Inc. subsidiary Wisdom Homes announced sales of $351,500 generated by the sale of manufactured homes in Q3 2014. “This was a milestone quarter for the Company because it was our first quarter having our Tyler, Texas retail center fully operational. Inventory arrived in early August allowing us …
SearchCore’s Wisdom Homes of America announces Q3 2014 sales Read More
