With a labor and available lot squeeze driving up the price of site-built homes, bloomberg reports modular homes present a viable alternative, less costly and a quicker build time than site-built, although in appearance, they might be very little different than site-built. The median construction cost for modular comes in …
Modular Home Builders Pushing to Dispel Myths of Factory Built Homes Read More
MHProNews has learned from bloomberg that new home sales rose in Nov. 4.3 percent to an annualized pace of 490,000, slower than the 505,000 median estimate of economists surveyed by bloomberg. Previous estimates ranged from 400,000 to 550,000. The rate in Oct. was 470,000. Home sales have been choppy throughout …
Residential building permits rose 11 percent over October, 2015, and 19.5 percent higher than Nov. 2014, according to what realtor reports from the statistics issued by the Census Bureau and the Dept. of Housing and Urban Development (HUD). Multifamily building permits rose 30.8 percent month-over-month and 38.9 percent year-over-year. The …
Building Permits, Groundbreakings Up for the Month and Year Read More
Economists at the National Association of Home Builders (NAHB) have determined from the 2013 American Community Survey that the average age of U. S. construction workers is 42, one year older than the overall work force average, according to what constructiondive tells MHProNews. States with the highest median age of …
What’s New in public focused Manufactured HomeLivingNews.com Personalizing Your Custom Home – at Half the Cost Sneak a Peek! What Millions Knows – Hiding in Plain Sight – The Home of the Future What’s New in Manufactured Housing Industry Professional News HUD Code Home Production Continues Ascending. Multiple Insider Trades …
Sunday Morning Recap-Manufactured Housing Industry News Nov. 29-Dec. 6, 2015 Read More
Baby Boomers are not downsizing fast enough, and by not putting their homes on the market, they are creating the inventory shortage that is driving up prices, making it tougher on would-be first-time homebuyers. This is clogging up the “whole chain of homes sales,” according to Sean Becketti, a chief …
Baby Boomers Take it on the Chin for High Home Prices Read More
Despite the cost of building/remodeling green as a potential barrier, a high percentage of home builders and remodelers are already building green and expect the trend to continue, according to modularhomecoach, noting it is not the Millennials driving the market but the 55 and older group. Consumers’ association with green …
Data compiled on behalf of the Department of Housing and Urban Development (HUD) reveals manufactured home production increases moved into its fifth straight year, according to what the Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews. Production of HUD Code homes rose 5.2 percent over production for October, 2014, …
As MHProNews has reported repeatedly within the last few weeks, the Dublin, Ireland City Council is moving forward with the first of 400 modular homes to address the issue of homelessness. Watching from the sidelines to determine the efficacy of that city’s efforts, according to munster-express.ie, Waterford, Ireland may consider …
Waterford, Ireland Closely Watching Modulars for Homeless in Dublin Read More
A pioneering social housing (low income) development commissioned by the Highland Council in Scotland has resulted in eight one bedroom modular apartments at Kendal Court, according to scottishhousingnews. The first of its kind in the country, the project was developed and designed by Inverness-based social housing company JNESpace and manufactured …
On the apartment rental scene, according to multifamilyexecutive, many have posited that there is an insatiable demand for rental units, with millions of Gen Y living at home yearning to break out, they do not want to own, and vacancy rates will continue to fall. Au contraire, says Ryan Severino, …
According to nasdaq, data released by the Census Bureau and the Department of Housing and Urban Development indicate sales of new, single-family homes rose 10.7 percent in October to a seasonally-adjusted annual rate (SAAR) of 495,000 units, up from September’s revised numbers of 447,000. The rate is a 4.9 percent …
Quirky hotel chain Snoozebox, which provides pop-up hotel rooms for music festivals and sporting events within 24 hours, has inked a contract with Ealing Council in the United Kingdom to provide 44 modular homes for emergency housing, according to telegraph.co.uk. With the need for 250,000 new homes annually to ease …
Housing Shortage leads to Modular Homes Rising in England Read More
“The optimist doesn’t deny the reality of rain. The optimist just picks up an umbrella, and opens as needed.” – The Elk. Problem solving requires realistic, objective thoughts and a search for practical solutions. Thanksgiving is rightly a time of celebration. Right after turkey, family, friends and Black Friday door-busters, …
MHProNews has learned from builderonline that construction of single-family homes built specifically as rental units rose to 9,000 units for Q3 2015, compared to 7,000 for the same period last year. Robert Dietz of the National Association of Home Builders (NAHB) looks at statistics from the Census Bureau’s Quarterly Starts …
The National Association of Realtors (NAR) informs MHProNews existing home sales declined 3.4 percent in October to a seasonally-adjusted annual rate (SAAR) of 5.36 million units, following Sept.’s sales pace of 5.55 million units, the second highest since 2007. Falling more than expected, regions which have realized the largest price …
In lieu of the drop in single-family modular home construction, modularhomecoach tells MHProNews a sizable gathering of factory owners and top management will meet for a Round Table in Lewisburg, Pennsylvania Dec. 3 to plan steps for reversing the downhill trend and improve public perception of modular homes. Modular homes …
Modular Home Builders Try to Stimulate the Industry Read More
What’s New in public focused Manufactured HomeLivingNews.com HUD Secretary Julian Castro praises Quality, Safe and Affordable Manufactured Homes From Condo to Upscale Manufactured Home Living – John & Joyce Walter, Oshtemo, MI – Inside MH Road Show Vide What’s New in Manufactured Housing Industry Professional News HUD Secretary Castro Lauds …
Sunday Morning Recap-Manufactured Housing Industry News Nov. 15-Nov. 22, 2015 Read More
Following numbers from the National Association of Home Builders (NAHB) that show builder confidence slipped three points in October, zacks tells MHProNews that figures released by the Department of Housing and Urban Development (HUD) and the Census Bureau reveal housing starts in October dropped 11 percent to a seasonally-adjusted annual …
Housing Starts Fall in October, while Building Permits Rise Read More
Falling from a ten-year high of 65 in October, the National Association of Home Builders tells MHProNews the housing market index dropped three points to 62, falling below The Wall Street Journal consensus estimate by a point. Any number over 50 indicates builders of single-family homes are optimistic. ”The November …
Housing Market Index slips for Single-family Homes Read More
