manufactured homes

NCC’s Lentz: Attend Legislative Conference to Show Support

In a letter obtained by MHProNews addressed to members of the National Communities Council (NCC), Chairman David B. Lentz states members can overcome the challenges and embrace the opportunities presented to the manufactured housing industry, especially in light of the recovering economy. Noting the NCC is the only division of …

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The Taxing of MH in Calistoga

NapaValleyRegister informs MHProNews John Tuteur, assessor in Calistoga, Calif. clarifies the difference in how owners of manufactured homes pay taxes. Homes that were installed before June 30, 1980 are dunned $16 per year for an in-lieu property tax, much like an automobile registration. Approximately 405 of the 523 factory-built homes …

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A Cautionary Note to Residents of MH in Tenn.

Noting that fires move more quickly in small spaces, Tennessee State Fire Marshal and Commerce and Insurance Commissioner Julie Mix McPeak is urging the 250,000 residents of manufactured housing in the state to install smoke alarms and plan an escape route in case of a fire. The news release through …

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Investing in MHCs gets High Marks

NuWireInvestor tells MHProNews the image most Americans have of manufactured housing communities comes from TV shows like “COPS” or from comedians like Jeff Foxworthy which not only portrays MHCs as undesireable but by association negates the investment opportunities that may be gained by investing in a community. While many of …

Investing in MHCs gets High Marks Read More

Positive Housing News in VA

In its wrap-up of good deed events in Franklin County, Vir. for 2012, The Franklin News Post reports two of the stories are housing related. In Jan. 2012, Ply Gem Inc. in Rocky Mount donated the exteriors to seven new homes that were featured on ABC TV’s “Extreme Makeover: Home …

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FEMA Homes Set to Deploy in NJ

Following the continuing saga of those displaced by Hurricane Sandy on the east coast, fifty Federal Emergency Management Agency (FEMA) one, two and three-bedroom manufactured homes have arrived at a staging area at Six Flags Great Adventure amusement park in Ocean County, New Jersey. NorthJersey tells MHProNews FEMA and state …

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Cavco Building MH for Hurricane Sandy Survivors

Following up on an article we last posted Dec. 13, 2012, a Cavco Industries facility in Rocky Mount, Virginia is providing a foundation in New Milford Conn. with 30 manufactured homes. Named for a firefighter who died at the Twin Towers Sept. 9,2011, the Stephen Siller Tunnels to Tower Foundation …

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Warren Goes Hunting–Inside, this time

Notching the largest block of its own stock the company has ever bought, Warren Buffett’s Berkshire Hathaway (BRKA) bought 9,200 shares for $1.2 billion from the estate of a long-time shareholder. At $131,000 per share, it’s roughly 118 percent of the book value as of the end of the third …

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Old Military Base Renovated for Displaced

In the wake of Hurricane Sandy, nj reports the New Jersey governor’s office and the Federal Emergency Management Agency (FEMA) are adding more units of housing stock at the former Fort Monmouth military base to the 45 currently being renovated. Additionally, the Fort Monmouth Economic Revitalization Authority is trying to …

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Nobility Reports Q3 2011 Financials

Yahoo!Finance reports Nobility Homes, Inc. of Ocala, Fla., in announcing financials for the third quarter ending Aug. 6, 2011, says net sales were $2,881,572 as compared to $4,351,040 for the same period in 2010. Loss from operations in the quarter was $929,145 as opposed to a loss of $2,963 for …

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MH Shipments Fall Slightly in Oct.

The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews according to HUD and Census Bureau data, the shipment of manufactured homes for Oct. 2012 dropped five percent from Oct. 2011, 5,418 down to 5,127, but rose by 734 homes over Sept. 2012. Cumulative production for 2012 of 47,036 is …

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MH Sales Rise in Florida

The Cape Coral Daily Breeze tells MHProNews sales of manufactured homes and homesites have begun early in North Fort Myers, Fla. Margaret Black of Horizon Village Co-op, Inc. says this summer was the busiest she’s ever seen at Horizon, a resident-owned 55+ community of half shareholders and half renters. “Our …

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City to Define MHC Closure Reqirements

According to coloradoan, the closing of two manufactured homes slated for development in Fort Collins, Colo. that displaced nearly 50 low-income struggling families, and closed some of the most affordable housing in the area, will be discussed by the city as a means to plan for the future. The city …

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GAO: Ventilation Possibly Deadly in MH

According to usgovinfo, a recent report from the Government Accountability Office (GAO) says the air quality in manufactured housing may be compromised by carbon monoxide entering the homes. GAO says the problem stems from fresh air intake and exhaust vents constructed too close together, which could allow CO2 and other …

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Betting with Buffett

Further evidence that Warren Buffett’s Berkshire Hathaway is poised for the worst housing slump in 70 years to end, he has been buying real estate brokerages around the nation and is partnering with a Canadian real estate brokerage to double the scope of his business. Partnering with Brookfield Asset Management, …

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Rise in Earnings for Clayton Homes, Inc.

In its rundown of Berkshire Hathaway’s third quarter 2012 financial report, ValueWalk reports earnings for Clayton Homes, which comprises the finance and financial products sector, rose 19 percent year-over-year, based on a one percent increase in revenues to one billion dollars. Although units sold increased five percent, the lower average …

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New PA Law Affects MHCs that Close

According to mcall, Pennsylvania Gov. Tom Corbett signed into law House Bill 1767, a measure that amends the Manufactured Home Community Rights Act that requires written notice to homeowners of a decision to close a community. The law also prescribes relocation expenses when homeowners do not have the means to …

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Indiana MH Shipments Spike in August

According to the Manufactured Housing Institute, the shipment of manufactured homes reported by Indiana increased 19.7 percent Aug. 2012 over the same month of 2011. On the year, shipments have risen 39.9 percent, from 2,286 homes Jan.-Aug. 2011, to 3,207 for the same period of 2012. As MHProNews reported Oct. …

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Free MH for Vets

From Vero Beach, Fla. tcpalm reports five manufactured homes have been donated for qualified veterans in need of housing. All of the homes are two-bedroom multi-section and ready for immediate occupancy. Home Depot is partnering with the Veterans Council to help repair the one home that needs work. MHProNews has …

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Ordinance Spells Out MH Siting

The Monette (AR) City Council unanimously passed an ordinance regarding the placement, appearance and age of manufactured homes newly sited within the city limits. The Town-Crier says the homes must be no older than five years, contain 720 square feet, have underpinning around the base of the dwelling and be …

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