The Manufactured Housing Institute’s (MHI) Monthly Economic Report, states shipments of single-section and multisection homes jumped 42.1 percent Jan. 2012 over Jan. 2011, to 3,945 new homes. Single section homes accounted for 53.9 percent of the increase. The seasonally adjusted annual rate of shipments (SAAR) increased 6.0 percent, to 61,082 …
Greenfab was recently awarded LEED Platinum certification by the United States Green Building Council (USGBC) for achievement in green homebuilding and design. Greenfab’s prefabricated, modular home is the first to be certified LEED Platinum in the State of Washington. The home is part of Greenfab’s 1300 Series. The 1,870 square …
The Manufactured Housing Association for Regulatory Reform (MHARR) reports to MHProNews.com according to the Department of Housing and Urban Development (HUD) statistics, the MH industry posted its sixth straight month of production increase. Numbers for Jan. 2012 show HUD Code manufacturers produced 3,983 homes, a 42.5 percent gain over the …
WillistonHerald in North Dakota reports that Rugby Homes, in business since 1963 and selling RVs in Williston for six years, has hired a full time salesman to sell modular and manufactured housing for the North Dakota-based company. The oil boom in the area, as we have reported previously, has created …
Global Industry Analysts, Inc. estimates the global prefabricated housing market will hit 829,000 units by 2017. DigitalJournal tells MHProNews.com the U.S. and UK have the majority share of the market, but Australia and New Zealand are the pioneers in the Asian market, although Japan, China, Taiwan and Korea have burgeoning …
The Bipartisan Policy Center Housing Commission and the Jack Kemp Foundation will jointly host a timely housing forum in San Antonio, Texas March 6. The forum will feature former Secretary of Housing and Urban Development Henry Cisneros, a co-chair of the BPC’s Housing Commission, San Antonio Mayor Julian Castro, as …
Former HUD Secretary Cisneros to Host Forum on Housing in America Read More
MHProNews.com has learned a National Modular Housing Council report indicates shipments for modular homes were up 7.9 percent fourth quarter 2011 over the same period 2010, to 3,030 units. During that year, eleven states showed increases, eleven had decreases, and seven states had insignificant change. Nebraska, Maryland, Texas, and Virginia …
Data from Multiple Listing Services Network PIN shows inventory of single-family homes and condominiums in the Boston area are down 17 percent from last year, number of days on the market declined 12 percent from last year, and median prices are up ten percent. BostonHerald tells MHProNews.com no major downtown …
The inventory of new homes on the market hit a new low in January, sinking to 151,000 units, equivalent to a 5.6 month supply, while sales of newly-built single-family homes in January declined by .09 percent from Dec. 2011. According to data from the U.S. Commerce Dept. and HUD, the …
MHProNews.com has learned through GizMag Bellomo Architects has designed a modular house that arrives in a ten-foot box and is assembled much like IKEA furniture. Bent steel tubes form the base structure of House Arc, which comes with an easy-to-follow graphic manual and requires no special training to assemble. When …
John Quale, professor of architecture at the University of Virginia in Charlottesville has turned his sights on developing energy efficient affordable housing. “The people who are at the lower end of the income level are the ones who need the most help in reducing their energy inefficiency, and yet they …
In their release of the nation’s housing scorecard for 2011, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury noted mixed signals as foreclosure starts fell but foreclosure completions climbed and as new home sales fell existing home sales climbed. Existing home inventories …
According to the National Association of Home Builders (NAHB), MHProNews.com has learned a survey taken by McGraw-Hill Construction Company reveals green home building accounted for 17 percent of the residential market in 2011, but that figure is expected to increase to between 29 and 38 percent in four years. In …
The National Association of Home Builders (NAHB)/First American Improving Markets Index (IMI) identifies metro areas that have shown improvement in housing permits, employment, and house prices for six consecutive months. MHProNews.com has learned the Housing markets that meet this criteria expanded by 29 for Feb. to 98, and include some …
NAHB’s Improving Market Index Grows by 29 Metro Areas Read More
GlobeandMail of Toronto tells MHProNews.com the economic recovery in the U.S. is beginning without help from the housing market. Recovery from economic slumps going back decades meant the real estate market pulled everyone else along, according to columnist Brian Milder. Karl Case, who co-developed the S&P Case/Shiller Index that tracks …
A new German design for temporary housing utilizes leaf-like panels made of fiber-reinforced polymer that fit together to create a self-supporting modular dome. Inhabitat tells MHProNews.com the panels are translucent, allowing in daylight and spreading light at night. At 1650 lbs. it has a high strength-to-weight ratio, is easily moveable, …
Investors tells MHProNews.com the rise in rents may make some people think twice about renting as opposed to buying. The average rent of $1,016 in 2009 will hit 1,101 this year, according to Marcus and Millchap’s 2012 National Apartment Report. Analysts expect it will rise four percent next year. As …
NationalMortgageNews has informed MHProNews.com FiServ chief economist David Stiff says actual improvement in housing prices is still a year away, when he expects prices to rise four percent. The Fiserv Case-Shiller house price index indicates prices will fall 2.7 percent through the third quarter 2012. Meanwhile, buying a home has …
NationalMortgageNews tells MHProNews.com the U.S. Census Bureau reports new home purchases last year totaled 303,000, declining 6.5 percent in 2011, the lowest number since the 1960’s. Sales of newly-built homes fell to a seasonally adjusted rate (SAAR) of 307,000 from 314,000 in November, a 2.2 percent slide after rising three …
New Home Sales Fall in December; Economists See Growth in 2012 Read More
MHProNews.com has learned the housing downturn pushed rents to record highs in the metropolitan Boston area in the last quarter of 2011, while the vacancy rate dropped to four percent, a nine year low. Average monthly rents went from $1,600 in 2009 to $1,686 Dec. 2011. TheBostonGlobe reports economists expect …
