In an op-ed piece in the Minot Daily News in Minot, North Dakota, Lance Kennedy, president of the North Dakota Manufactured Housing Association, says eight manufactured home communities, representing 800 homesites, were wiped out by the flooding of the Souris River earlier this spring. He says the government removed trash …
“Pathway Paved Toward Progress” by Danny Ghorbani, read all about it in the Industry Voices Guest Blog.
As a follow-up to our previous report, dated August 4, 2011, regarding a biased and flawed study entitled “Manufactured Home Fires – July 2011,”published by the National Fire Protection Association (NFPA) and distributed to members of the Manufactured Housing Consensus Committee (MHCC), attached, for your review and information, are copies …
MHARR Responds To NFPA Justifications For Fire Study Read More
SeekingAlpha reports on stocks positioned to take advantage of current needs and future improvements in the housing sector. The report notes that while single family housing is still struggling, multi-family housing starts are up almost 8% in July with FHA multi-family mortgages at a record high. Home fix ups as …
Seeking Alpha likes Buffett’s Berkshire Hathaway in housing Read More
Republic reports that the Donaldsonville (LA) City Council planned a discussion next week about amending its law regulating “mobile homes” within their city limits. The Advocate reports (http://bit.ly/pozgCX ) council members decided during Tuesday’s meeting to place the issue on the Sept. 19 agenda for further discussion. At question is …
Manufactured home placement law to be reviewed by city Read More
Home Builder Sentiment Stuck at Low Level in August The National Association of Home Builders/Wells Fargo home market index held at 15 this month on a seasonally adjusted basis. Readings above 50, not seen since April 2006, are considered favorable. “The uncertain economic climate and concerns about job security …
Eonline has likely done mainstream media, the RV and manufactured housing business a favor by visually depicting what a ‘trailer’ is in their recent story on Ashton Kutcher. Kutcher has replaced Charlie Sheen on the set of Two and a Half Men. The 1000 square-foot, two level luxury trailer is …
Ashton Kutcher’s luxurious Two and a Half Men ‘Trailer’ Read More
TandD reports the Orangeburg County Planning Commission gave unanimous approval to a new zoning classification proposal allowing single-section HUD Code home placement in areas which already have a mixture of site-built, single-sectional and multi-sectional manufactured homes. Commissioners voted to approve the proposal for creating the RS-2, Single-Family/Manufactured Home District and …
Zoning vote could ease locating single sectional manufactured homes Read More
MHI members have been busy working on various technology solutions to meet increased energy efficiency standards for manufactured homes that could be beneficial for HUD-Code manufacturers to meet anticipated new DOE energy efficiency standards for manufactured homes, and for modular builders to meet state energy efficiency codes utilizing less costly …
MHI Update on SBRA Advanced Envelope Design Project Read More
Earlier this month, the House Financial Services Committee approved legislation (H.R. 1751) sponsored by committee chairman Spencer Bachus (R-AL) that would require all new manufactured homes be equipped with NOAA weather radios. For a copy of the legislation click here, for a copy of the committee report, click here . …
MHI Continues Efforts on Weather Radio Legislation Read More
JetsonGreen reports the completion of another i-House in eco-friendly Green Bridge Farm. The 25 lot subdivision is located in Effingham County, GA. The owner, Charles Davis, doesn’t expect to have an electric bill because the home has a butterfly roof with solar panels. The home is generating enough electricity to …
i-House Net Zero Utilities draws eco-positive attention Read More
RealEstateRama reports the Federal Housing Finance Agency (FHFA), in consultation with the U.S. Department of the Treasury and Department of Housing and Urban Development (HUD), has announced a Request For Information (RFI). The RFI seeks input on new options for selling single-family real estate owned (REO) properties held by Fannie …
FHFA, HUD and Treasury calls for RFI input on disposition of REOs Read More
KFGO reports that the number of homes that FEMA now has targeted for Minot and Burlington ND has reached 1650. Flooding of the Souris River this summer drove hundreds from their homes in this area. 600 of the FEMA homes, which are built to the HUD Code and are thus …
FEMA MH orders rise to 1650 to serve area flooding victims Read More
Watch the latest video at video.foxnews.comFoxNews reports the following quotes on Dodd-Frank in this recent interview by Greta van Susteren with Zachary Goldfarb with the Washington Post. SEN. RON JOHNSON, R-WIS.: The thing that would really get our economy going again is if we would repeal the entire Obama agenda …
Senators say Repealing Dodd-Frank would boost economy Read More
RealDeal reports on a recent study by the Urban Land Institute (ULI) which looks at the market impact of the nation’s eighty million echo boomers. Echo boomers, are age 18-32 and are also known as Gen Y and millennials. This group has 200 billion in annual buying power. Carol Ruiz, …
PressEnteprise reports that Calimsa’s CA City Council will review the rent control ordinance on August 15th. A full house is expected as residents and community owners plan to attend the hearing. City Manager Randy Anstine stated they will make no decisions but will take input on the topic. A sunset …
Rent Control in manufactured home communities on the agenda Read More
WSPA reports that Henderson County deputies removed some 60 snakes and lizards, some of which were considered poisonous, from a western North Carolina ‘mobile home.’ Henderson County Sheriff Rick Davis said they learned about the problem when the reptiles owner was bitten by a venomous snake. Most of the snakes …
Today’s lighter side: 60 snakes removed from ‘mobile home’ Read More
JoplinGlobe reports that the first residents are moving into the Federal Emergency Management Agency (FEMA) new Officer Jeff Taylor Memorial Park. Amber Flowers and her three daughters are among the first to make the move into the emergency housing FEMA has provided. “They’ve done a really nice thing here,” Flowers …
Residents moving to FEMA’s new manufactured home community Read More
Zacks reports that UMH Properties and Equity Lifestyle Properties are among the five REITs with relatively low P/E ratios. UMH Properties (AMEX:UMH) has the lowest with a P/E of 17.4x. Equity Lifestyle Properties (NYSE:ELS) is second lowest with a P/E of 37.0x; American Campus Communities (NYSE:ACC) comes in third lowest …
Market Watch: UMH and Equity Lifestyle reported among REITs with low P/E ratios Read More
Zacks reported today on five home building companies with the lowest Price to Earnings (P/E) ratios. Standard Pacific (NYSE:SPF) has the lowest with a P/E of 16.1x. Lennar (NYSE:LEN) is second with a P/E of 20.8x. NVR Inc (NYSE:NVR) followed with a P/E of 22.0x. Cavco Industries (NASDAQ:CVCO) came in …
Zacks reports Cavco among 5 homebuilders with lowest P/E ratio Read More
