The Texas Quarterly Housing Report published by the Texas Association of Realtors (TAR) reveals strong gains in the second quarter as 91,418 homes were sold in Texas, a 4.4 percent increase over last year and the highest number of home sales ever. TAR Chairman Leslie Rouda Smith said, “Texas homes …
The city commissioners of Etowah, Tennessee in the southeast part of the state have passed an amendment banning the siting of Tiny Homes within the city limits, as newschannel9 tells MHProNews. While some communities use the miniature homes for homeless people, and others to support simpler lifestyles, Etowah Director of …
A new home construction technology on the drawing boards is building blocks with microbial fuel cells (MFC) embedded in the blocks that can turn waste into electricity, joining the growing list of “smart” items in the marketplace. “Microbial fuel cells are energy transducers that exploit the metabolic activity of the …
“Smart” Blocks Will Transform Our Lives-a/k/a Redefining ‘Blockhead’ Read More
Fastbrick Robotics in Perth, Australia has developed a robotic arm that can lay brick at the rate of 225 standard bricks an hour, the equivalent of half a day’s work for a top human bricklayer. It is a form of 3D printing, creating the shell of a house without human …
Robotic Bricklayer Lays 225 Bricks/Hour. On Tap: 1000 Bricks/Hour Read More
According to the Morning Consult Poll, buying a home remains a top priority for an overwhelming majority of Americans, according to what thehill tells MHProNews. Further, the National Association of Home Builders (NAHB) reports 82 percent of respondents feel owning a home is still a good investment. “The survey shows …
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 National Association of Realtors (NAR) informs MHProNews June’s Pending Home Sales Index rose slightly from May, and now is at 111, its 26th consecutive month of reading above 100, the baseline used from 2001 when the index began. Any number above 100 means that homes are going to contract …
With the unemployment rate at 4.9 percent, benchmark 30-year fixed rate mortgage rates at 3.45 percent, down from 4.04 percent a year ago, 287,000 new hires in June, a 6.4 percent increase in new home sales year to date, and 1.6 percent growth May to June, one might think the …
Site-built Home Sales Looking Good. Can it Continue? 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
Marking the best month for existing home sales since Feb. 2007, the National Association of Realtors (NAR) reports homes sold at a seasonally-adjusted annual rate (SAAR) of 5.57 million homes in June, marking the fourth consecutive month of strong home sales. With an increase of over one percent from May, …
The Commerce Department tells MHProNews that housing starts rose 4.8 percent in June to a seasonally-adjusted annual rate of 1.19 million. While the June rate was the highest since Feb., it was down from 1.21 million a year ago, according to philly. Meanwhile, construction of single-family homes increased 4.4 percent …
Housing Starts, Single-family Home Construction Shows Promise in June Read More
The National Association of Home Builders (NAHB) tells MHProNews builder sentiment slipped from 60 to 59 in July, although economists had predicted it would remain at 60, the highest number it has hit so far this year. All three components of the index—current and future sales expectations and buyer traffic—slipped. …
Builder Confidence Index Slips in July, but Still in Positive Territory Read More
According to government and industry figures, the median size of single-family, U. S. homes in 2015 was 2,521 sq ft. Anything less than 400 sq. ft. is considered “tiny”, and in general anything under 1,000 sq ft is considered small. In Seattle, where the median price of a single-family home …
Seattle has Tiny Homes, but without Prices to Match 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
MHProNews has learned from fidaily that GW&K Investment Management LLC purchased 15,805 shares of common stock of manufactured home community owner, Sun Communities, Inc. (NYSE:SUI) for the quarter ending June 30, 2016, increasing its stake to 2.3 percent. According to the filing with the Securities and Exchange Commission (SEC), GW&K’s investment is now …
While the negative equity rate is five times higher than it was in 2004, during the first quarter of this year 425,000 borrowers who were once underwater regained equity, according to what Black Knight Financial Services tells nationalmortgagenews, leaving just 2.8 million borrowers in negative equity. Black Knight’s Home Price …
425,000 more Underwater Borrowers now Floating again Read More
What’s New in public focused Manufactured HomeLivingNews.com Educator, Builder Compare Conventional House to Residential Style Manufactured Home Living & Quality Double-Digit Manufactured Home Sales Growth, MHARR July 7 Report What’s New in Manufactured Housing Industry Professional News House defeats two amendments that would cripple proposed MH financing. Ohio county pursuing …
Sunday Morning Recap-Manufactured Housing Industry News July 3-July 10, 2016 Read More
In a colossal rebound from from May when only 11,000 jobs were added to the economy, June saw 287,000 added, according to what the Labor Department tells MHProNews through CNNMoney. Unemployment rose slightly in June from 4.7 percent to 4.9 percent, in fact a good sign that more people are …
In an examination of the relationship between single-family housing starts and builder confidence as derived from the National Association of Home Builders (NAHB) monthly survey, businessinsider stated the bullishness of builders may be ill-advised, as MHProNews has learned. Even though confidence rose to the highest level in June since January, …
Builder Confidence for Single-family Homes May be Stretched Read More
According to what CoreLogic’s Home Price Index, home prices posted a year-over-year gain in May of 5.9 percent, and an increase over April, 2016 of 1.3 percent, above CoreLogic’s expectations of an 0.9 percent rise. CoreLogic Chief Economist Frank Nothaft said year-over-year home prices have risen by 5-6 percent for …
