Trends

Tiny Modular Home Constructed of Hempcrete

The newest material for building a home that MHProNews has discovered is hempcrete, a combination of hemp stalks (called hurds), limestone and water to form twelve-inch thick walls for support and insulation in building a 400 square-foot unit called HempHome:T+. The material is also resistant to fire, mold and pests, …

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Ten Cities where First-time Homebuyers can Find Deals

According to realtor.com, housingwire informs MHProNews while two of the hottest housing markets are in the Pacific Northwest and Florida, that is no help to first-time homebuyers. A survey focusing on Millennials revealed the top ten out of 100 metropolitan areas where first-time homebuyers can still find a good deal …

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Sunday Morning Recap-Manufactured Housing Industry News April 3 April 10, 2016

What’s New in public focused Manufactured HomeLivingNews.com State Inspector Becki Jackson – Safety & Quality of Manufactured Homes What’s New in Manufactured Housing Industry Professional News Feb. HUD Code manufactured home production rises 27.6%. Notable deaths in the manufactured home community. Rent control inhibits new MHC development. Resident-owned community grateful …

Sunday Morning Recap-Manufactured Housing Industry News April 3 April 10, 2016 Read More

Confidence in Housing and Job Markets Weaken in March

Consumers growing pessimism about the economy is beginning to affect the housing market, reports nationalmortgagenews. In a monthly survey conducted by Fannie Mae, the GSE’s Home Purchase Sentiment Index fell 2.5 points from Feb. to 80.2 in March, the lowest reading in the past 18 months. The survey revealed the …

Confidence in Housing and Job Markets Weaken in March Read More

Local and State Regulations cover Tiny Homes, not HUD

A proposed federal regulatory change could conceivably prevent tiny-home dwellers from living in their homes, which they say is an example of the government telling them how they can live, reports cleveland to MHProNews. As of last week, HUD had received 4,000 letters from angry supporters of the homes, which …

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First-time Homebuyers Want Larger Home

According to the Homebuyer Insights Report from Bank of America, first-time homebuyers are not considering starter homes, reports nationalmortgagenews. The report revealed that 75 percent of new homebuyers prefer to buy a larger home to begin with. Additionally, 35 percent of those surveyed plan to retire wherever they buy. MHProNews …

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Affordable Multihousing Developer Set to Build Modular Workforce Housing

There is a huge focus on encouraging Millennials—who are mostly single– to come out of their parents’ basements and buy a house or at least rent an apartment, even a “micro unit,” or some form of communal living, as we are underserved by affordable housing, especially in large urban, coastal …

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Sunday Morning Recap-Manufactured Housing Industry News March 27-April 3, 2016

What’s New in public focused Manufactured HomeLivingNews.com Realtors and Builders Warm Up to the Wonders of Manufactured Housing What’s New in Manufactured Housing Industry Professional News MA town wants exemption from state’s 40B ruling. Sun Communities to expand King’s Court MHC. Fannie Mae funds $5MM refi of MHC. New MHProNews …

Sunday Morning Recap-Manufactured Housing Industry News March 27-April 3, 2016 Read More

Freddie Mac Forecasts Best Year in Ten for Housing Industry

According to what Freddie Mac tells MHPrpNews in nationalmortgagenews, despite low wage growth this year, the housing market will reach its highest level in sales, housing starts and housing prices since 2006. It will be largely driven by interest rates that remain below four percent for a 30-year fixed rate, …

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Pending Home Sales Rise in February

The National Association of Realtors (NAR) reports its pending home sales index of existing homes rose 3.5 percent in Feb., to 109.1, the highest level in seven months, as cnbc tells MHProNews. With Jan.’s rate revised to indicate a three percent decline, lower than initially perceived, the fluctuating numbers make …

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Sunday Morning Recap-Manufactured Housing Industry News March 20-March 27, 2016

What’s New in public focused Manufactured HomeLivingNews.com What Others Say about Sunshine Homes, Manufactured/Modular Homebuilder Tragedy and Triumph – Widow shares her Celebration of Manufactured Home What’s New in Manufactured Housing Industry Professional News Tunica was tremendous, say attendees. Proposal would merge Fannie, Freddie. MHC to receive free wastewater system. …

Sunday Morning Recap-Manufactured Housing Industry News March 20-March 27, 2016 Read More

Mortgage Delinquencies Fall to Lowest Rate in Nine Years

According to information received by MHProNews from nationalmortgagenews, mortgage loan delinquencies fell to their lowest level in Feb. since 2007, dropping 13 percent month-over-month, and 16 percent from last year to 4.45 percent in Feb. 2016. Black Knight Financial Services states that for the first time in nearly eight years …

Mortgage Delinquencies Fall to Lowest Rate in Nine Years Read More

New Home Sales Rise Two Percent in Feb.

Buoyed by the 38.5 percent surge in sales in the West, new home sales in the U. S. increased two percent in Feb. to a seasonally-adjusted annual rate of 512,000 units, according to statistics released by the Commerce Department, reports USAToday to MHProNews. The strong numbers from the West overshadowed …

New Home Sales Rise Two Percent in Feb. Read More

Investment Writer Touts Financial Performance of MHCs

Writing in seekingalpha about investing in real estate investment trusts (REITs), Brad Thomas, noting the importance of housing to the overall economy, says following housing trends can lead to wise investing in the market. In particular, the manufactured housing market offers opportunity for REIT investors to outperform the overall market. …

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Feb. Existing Home Sales Drop, Falling -17.1% in Northeast

Existing home sales fell 7.1 percent in Feb. to an annual rate of 5.07 million units, the lowest level since Nov., according to what the National Association of Realtors (NAR) tells MHProNews. Since the new mortgage regulations designed to increase transparency took effect in October, sales have been volatile, prone …

Feb. Existing Home Sales Drop, Falling -17.1% in Northeast Read More

Trump Support Strong among Manufactured Home Residents

As newsmax informs MHProNews, The New York Times reports Donald Trump supporters defy typical, political norms. A demographic study released by The Times said, “The places where Trump has done well cut across many of the usual fault lines of American politics — North and South, liberal and conservative, rural …

Trump Support Strong among Manufactured Home Residents Read More

Sunday Morning Recap-Manufactured Housing Industry News March 13-March 20, 2016

What’s New in public focused Manufactured HomeLivingNews.com Surprising Solution, Roadblocks to U.S. Affordable Housing Crisis What’s New in Manufactured Housing Industry Professional News Manufactured home communities sell in VA, FL and MN. MHI insists GSEs make individual chattel loans. Letter to editor compliments MH. Community fined for violating Fair Housing …

Sunday Morning Recap-Manufactured Housing Industry News March 13-March 20, 2016 Read More

Greenfab Opens New Factory

  Builder of eco-friendly, sustainable modular homes, Geenfab announced it has completed its new factory in Washington state in anticipation of reaching a broader market in the West and beyond. Founder Johnny Hartsfield said the new facility will help the company expand production and services to clients. “We continue to focus …

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Builder Confidence for Single-family Homes Remains at 58

Calling it “slow but steady progress,” the National Association of Home Builders (NAHB) reports to MHProNews that the Housing Market Index for March was unchanged at 58, after rising to 64 last October, which was a ten-year high. January saw sales of existing homes hit the second highest rate of …

Builder Confidence for Single-family Homes Remains at 58 Read More

Sunday Morning Recap-Manufactured Housing Industry News March 6, 2016-March 13, 2016

What’s New in public focused Manufactured HomeLivingNews.com Rancho El Mirage, new 55+ Manufactured Home Community Opening near Yuma, AZ What’s New in Manufactured Housing Industry Professional News New manufactured home community planned Down Under. Legacy Homes assumes building abandoned byRV/MH Hall home builder. Home show features MH. Ordinance to site …

Sunday Morning Recap-Manufactured Housing Industry News March 6, 2016-March 13, 2016 Read More

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