At the 2016 National Congress & Expo for Manufactured and Modular Housing held in Las Vegas, 700 manufactured housing (MH) professionals heard a panel of industry leaders state that, with the onset of seniors downsizing, single-parent households and Millennials becoming the largest consumer group, the time is ripe for MH …
MH Industry Leaders Pursue New Marketing Strategies Read More
With 8,000 to 10,000 Baby Boomers hitting the 65 mark daily, a task force from the Bipartisan Policy Center, arguing that there is a link between housing and health that will impact the well-being of the country’s senior population, is urging the federal government to spur investment in affordable housing …
Shortage of Affordable Housing Could Severely Impact 40% of Boomers Read More
Presented at the 2016 Venice Architecture Bienalle, and set to launch this summer in the Netherlands, this new self-reliant concept involves waste recycling, energy generation and food production to attain sustainable living. Based on a study from Stanford University, each village combines homes, greenhouses and public buildings, interconnecting vertical farming …
Self-sustaining Community Features Vertical Gardens Read More
As home prices rise in Miami-Dade County, Fla., sales of single-family homes, townhomes and condos have fallen for the fifth consecutive month, according to a report by the Miami Association of Realtors, says therealdeal. Townhomes and condos felt the most pinch: unit sales dropped 12.1 percent in April 2016 over …
Strong Dollar Driving Down Foreign Home Buyers in Miami Read More
As nationalmortgagenews informs MHProNews, new home listings fell in April 1.1 percent, says real estate brokerage Redfin, the first year-over-year loss since Aug. 2014. Noting the steepest declines were in the Northeast, Redfin says nearly two-thirds of the markets it follows had fewer listings during the month than a year …
In an indication that Americans’ financial condition remains as precarious as ever, despite the “recovery” from the Great Recession, a survey conducted by the Associated Press-NORC Center for Public Affairs Research revealed 75 percent of people in households making less than $50,000 would have trouble coming up with $1,000 in …
Two-thirds of Americans do not Have $1,000 for Emergency Read More
According to what wsj tells MHProNews, housing starts rose 6.6 percent in April over the previous month to a seasonally adjusted annual rate (SAAR) of 1,172 million units, indicating an uptick since a slow start in Q1. (It should be noted the 6.6 rise has a margin of error of …
Housing Starts, Building Permits, pre-existing Home Sales Rise Read More
Despite continuing inventory, affordability and student loan hindrances to homeownership, the National Association of Realtors (NAR) predicts 2016 will be the strongest year for existing home sales since 2006. Lawrence Yun, the NAR’s chief economist, speaking at the association’s Legislative Meeting,predicts pre-owned home sales will hit 5.4 million this year, …
NAR Forecasts Strong Existing Home Sales in 2016, Calls for more Starter Homes Read More
MHProNews has learned that one of the United Kingdom’s largest construction companies will build a factory next to its existing manufacturing facility, Explore Industrial Park in Steetley, Worksop, Engalnd for the construction of modular homes. Laing O’Rourke’s current state-of-the-art site produces components used in homes it builds across London and …
Modular Homes being Promoted in UK by Builders and the Government Read More
San Jose, California led 119 of the 340 metro housing markets nationwide in returning to or exceeding their last normal levels of economic and housing activity in Q1 2016. The markets are gauged by measuring the averages of housing permits, price and employment levels for the past 12 months, and …
U. S. Housing and Economic Progress is Making Haste Slowly Read More
The National Association of Home Builders (NAHB) informs MHProNews that builder confidence in NAHB’s 55+ Housing Market Index dropped five points from the previous quarter, but remains at 56, where any reading above 50 indicates builders feel more positive than negative about the next six months. It also marks the …
NAHB:Builder Confidence in 55+ Market Slips, yet Still on Positive Ground Read More
The Manufactured Housing Institute’s (MHI) 2016 Congress and Expo held at Caesar’s Palace Conference Center in Las Vegas Nevada is now in the rear view mirror. For a pictorial ‘flash report’ of some of the people and sights, please click here. ## (Image credit, MHProNews)
U. S. house prices rose 2.1 percent between Feb. and March, including distressed sales, and 6.7 percent between March 2015 and March 2016, according to constructiondive. Wages for would-be first time homebuyers likely did not rise that much on the year, MHProNews knows, putting a home out of reach. Reporting …
Jacksonville, Fla.-based Black Knight Financial Services tells MHProNews rising home prices across the country are offsetting the advantage of low mortgage rates. The fall of interest rates 35 basis points since Jan. 1, 2016 would translate to a savings of approximately $44 dollars a month. “While borrowers might expect that …
Rising Home Prices Partially Negate Low Mortgage Rates Read More
First-time home buyers accounted for less than a third of all home purchases last year, the lowest rate in almost 30 years, as The Wall Street Journal informs therealdeal. Only 25 percent of U. S. counties that have over 100,000 people saw a decrease in affordability of homes since last …
What’s New in public focused Manufactured HomeLivingNews.com Tornadoes, Hurricanes, Conventional Housing and Manufactured Homes Video Report What’s New in Manufactured Housing Industry Professional News MHARR Slams Danner, HUD. Clayton in line for air base homes contract. Sears Homes paved the way for prefab. Canada’s ATCO marching far South. Modulars for …
Sunday Morning Recap-Manufactured Housing Industry News April 17-April 24, 2016 Read More
The National Association of Realtors (NAR) tells MHProNews that sales of existing homes rose 5.1 percent in March from the prior month to a seasonally-adjusted annual rate (SAAR) of 5.33 million, beating economists’ expectation of 4.3 percent and a rate of 5.30 million. Stephen Stanley, chief economist at Amherst Pierpont …
With weakness in all regions of the country except the Northeast, construction of new homes dropped 8.8 percent to a seasonally-adjusted annual rate (SAAR) of 1.09 million units in March, according to what heraldonline tells MHProNews, based on statistics from the Commerce Department. The slowest rate since October, it marked …
The National Association of Home Builders (NAHB) informs MHProNews sentiment for home builders was unchanged for April, with the index remaining at 58 for the third successive month, according to marketwatch. Any number over 50 is positive for builders. The index is based on three sub-indices: the current state of …
Home Builders Sentiment Remains Static; Attracting Workers Remains Problematic Read More
What’s New in public focused Manufactured HomeLivingNews.com Quality Control Manager report-Highland Mobile Home Park, St Petersburg FL What’s New in Manufactured Housing Industry Professional News Montana town to proposed MHCs: one yes, one no. Building material made from hemp. Manufactured homes do not qualify as affordable homes—yet. Modular homes for …
Sunday Morning Recap-Manufactured Housing Industry News April 10–April 17, 2016 Read More
