According to scotsmanguide, reports released last week by the government-sponsored enterprises (GSEs) reveal the combined volume of single-family loans purchased and guaranteed by Fannie Mae and Freddie Mac through Q3 2015 have exceeded the total for all of 2014. Total GSE volume hit $640.7 billion for the first nine months …
According to the National Association of Realtors (NAR) home prices rose in 87 percent of U. S. metro markets during the third quarter, down from the second quarter when 93 percent of metro areas saw increases for existing single-family homes. In 154 of 178 areas measured, the median price of …
In data reported by Calculated Risk Blog, the National Association of Home Builders (NAHB) tells MHProNews the price of framing lumber has declined since 2013 when lumber prices approached housing bubble highs because of higher demand and supply constraints. In the first quarter of 2014, prices did not rise as …
One of the presenters at the Victorian Manufacturing Industry Showcase at Dandenong in Australia was modular home builder Prebuilt, as MHProNews understands. Established in 2003 in the Melbourne suburb of Kilsyth, Managing Director Rob Colquhoun said the company has moved away from conventional kit homes and is developing efficiencies that …
The Mortgage Bankers Association (MBA) tells MHProNews loan originations for multifamily and commercial properties rose in Q3 2015, increasing 12 percent over the third quarter of 2014, and three percent on a quarterly basis. Retail property loans posted the highest percent rise over last year, +39 percent, while multifamily property …
Builder confidence in the single-family 55+ housing market rose for the sixth quarter in a row, according to what the National Association of Homebuilders (NAHB) tells MHProNews, as the 55% + Housing Market Index edged up three points to 60. Any number above 50 indicates confidence is good. As consumeraffairsreports, …
Housing Market Confidence Index for 55+ Homes Rises Read More
What’s New in public focused Manufactured HomeLivingNews.com From Condo to Upscale Manufactured Home Living – John & Joyce Walter, Oshtemo, MI – Inside MH Road Show Vide Olga Pecanac, Olga’s Place Pizza & Euro Restaurant, Westville, IN – U.S. Destination – Pure Fun! Reinventing HUD’s role in Quality Affordable Housing, …
Sunday Morning Recap-Manufactured Housing Industry News Nov. 1-Nov. 8, 2015 Read More
According to a National Association of Realtors (NAR) survey that tracked a year’s transactions through June, the share of first-time homebuyers fell to 32 percent from 33 percent last year, according to bloomberg. Historically, the rate is 40 percent, and now stands at a 28-year low. Increasing apartment rent, burdening …
While the Housing and Planning Bill now working through Parliament in the United Kingdom has the intent of increasing the housing stock, the rising demand for housing calls for more radical activity to meet the need. As huffingtonpost.uk reports, the architectural firm of Rogers, Stirk, Harbour + Partners, which is …
A staircase tucked in between cantilevered modular units leads to a door, in each unit, that opens into the living room, which distinguishes these modular homes that have been adapted to the rocky terrain in the region of Cordoba, Argentina by architect Carlos Alejandro Ciravegna. As designboom informs MHProNews, each …
According to the National Association of Homebuilders (NAHB) index, the pace of multifamily residential construction rose 27 percent in Sept. over Sept. of 2014, while spending on single-family building was up 13 percent for the same period. Total private residential construction for Sept. rose to a seasonally adjusted annual rate …
Multifamily Residential Building Expected to Slow in Coming Year Read More
The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that HUD Code production of manufactured homes for September, 2015 reached 6,325 homes, an increase of 7.8 percent over the 5,862 homes produced in September of 2014. Total industry production for the year now totals 52,061 MH, an eight percent …
Investors Business Daily (IBD) tells MHProNews that producers of manufactured homes and recreational vehicles have moved up the IBD rankings of 197 industry groups from 120th six weeks ago to the current 7th spot. Termed the Building-Mobile/Manufacturing & RV group, the MH/RV ranking was in the 89th spot just three …
The Pending Home Sales Index (PHI) indicates September’s numbers fell 2.3 percent from the downwardly revised August 109.3 level, marking the second consecutive month it has fallen, according to jewocity. Analysts had expected a modest increase of 0.6 percent. However, the index was up three percent over September of 2014. …
MHPronews has learned from Forbes that new home sales fell 11.5 percent in September to 468,000 units, a drop from the 529,000 units in August, yet two percent higher than home sales in 2014 of 459,000. The median sales price of new homes, however, rose to $296,900 in September, up …
New Home Sales Drop as other Housing Indices Strengthen Read More
According to financialtimes, the National Association of Home Builders (NAHB) reports homebuilder confidence rose to its highest level since October 2005, climbing three points to 64, two points above expectations. Any number above 50 indicates builder sentiment is positive. “The fact that builder confidence has held in the 60s since …
What’s New in public focused Manufactured HomeLivingNews.com Pets, Vets, Single Parenting, Student Debt and The Manufactured Home Solution! Take the Manufactured Home Quiz! Weathering the Storms: How Manufactured Homes Can Do It Better What’s New in Manufactured Housing Industry Professional News Marin County seeking more affordable housing. UFPI, Skyline post …
Sunday Morning Recap-Manufactured Housing Industry News Oct. 11-Oct. 18, 2015 Read More
Marin County officials are seeking methods to either build or maintain affordable housing in this very pricey neighborhood of the San Francisco Bay, according to nationalmortgagenews. At a workshop on housing in the Chambers of the Board of Supervisors, there were many proposals from the overflow citizenry, but the county …
A significant player in the negotiation and adoption of many provisions of the Delaware Manufactured Home Owners and Community Owners Act, Kenneth S. Clark Sr., Nanticoke Chief Red Deer, passed away at home on his ancestral grounds near Millsboro, Oct. 9, 2015, at 84. The son and grandson of Nanticoke …
Passages: Kenneth S. Clark, Sr., Nanticoke Chief Red Deer Read More
With employment in the construction industry falling by 2.3 million from 7.7 million between 2006 and 2011, and remaining 1.3 million below its peak, builders are hampered trying to find qualified workers. The would-be construction workers who came of age during the Great Recession and aftermath sought employment elsewhere. Construction …
Residential and Commercial Construction Workers in Short Supply Read More
