India’s Architect Shekar Ganti won an architectural competition for skyscraper designs for Mumbai, the largest city in India with a population of 18.4 million, a port city with a plethora of shipping containers. Ganti uses a supporting structure to stack eight unit-high levels of modular shipping containers, like boxes stacked …
A Modular Container High Rise in Densely Packed India Read More
The National Association of Realtor’s (NAR) Pending Home Sales Index rose 0.05 percent in July to 110.9, according to forbes, 7.4 percent higher than July, 2014 when the index was 103.3. This follows a drop of 1.8 percent in June to 110.3, as MHProNews reported July 30, 2015. (An index …
What’s New in public focused Manufactured HomeLivingNews.com Renters’ Nation: The Dark Side of Dodd-Frank and Its Impact on Affordable Housing Mary Zokoe talks Martin Motor Sports, Community Guidelines, More! Inside MH Road Show Video What’s New in Manufactured Housing Industry Professional News CFPB imposed appraisal rule on HPML loans one …
Sunday Morning Recap-Manufactured Housing Industry News Aug. 23-Aug. 30, 2015 Read More
While home values dropped drastically for most of the nation following the housing bubble, the oil-producing states posted housing gains. With crude oil trading at half the price of a year ago, according to nationalmortgagenews, New Mexico, North Dakota, Oklahoma, Wyoming and Alaska may see home prices fall six to …
Estimates released by the U. S. Census Bureau and the U. S. Department of Housing and Urban Development (HUD) indicate sales of new single-family homes in July rose 5.4 percent over June to a seasonally-adjusted annual rate (SAAR) of 507,000, besting June’s numbers of 481,000. The level is 25.8 percent …
According to the U. S. Census Bureau, home ownership fell to 63.4 percent in Q2, the lowest rate since 1967. Concurrently, renter-occupied units rose by two million from the previous year. MHProNews has been informed by bloomberg that BlackRock Inc., the world’s largest money manager, is jumping in to the …
According to themortgagereports, the National Association of Realtors (NAR) says rising rents, a favorable lending environment and low mortgage rates are driving the market for homes nationwide. In January, the median time for homes to be on the market was 69 days—half the homes sold in less than 69 days, …
What’s New in public focused Manufactured HomeLivingNews.com Stan Dye talks Manufactured Home Lending and MH Site Preparation Do-It-Yourself Heat Tape Video! Prevent Winter Freeze Ups for Manufactured Homes and Houses over Crawl Spaces What’s New in Manufactured Housing Industry Professional News PBS Story on MH Finance Due. Sun, UMH, Adding …
Sunday Morning Recap-Manufactured Housing Industry News Aug. 16-Aug. 23, 2015 Read More
According to what businessinsider tells MHProNews, the National Association of Realtors (NAR) reports existing home sales in July rose two percent at an annualized rate of 5.59 homes, the highest in eight years. Sales of single-family homes rose 2.7 percent to an annual rate of 4.96 million, the highest since …
Existing Home Sales Hit Highest Level in Eight Years Read More
Statistics from the U. S. Department of Housing and Urban Development (HUD) and the Commerce Department indicate housing starts nationwide edged up 0.2 percent in July to a seasonally annual-adjusted rate (SAAR) of 1.206 million units, the highest level since Oct. 2007, according to worldpropertyjournal. Single-family starts increased 12.8 percent …
July Housing Starts Reach Highest Level since Oct. 2007, Led by Single-family Read More
MHProNews has learned from reuters that, according to the National Association of Home Builders (NAHB), homebuilder sentiment in August rose to its highest level in almost ten years. In line with economists expectations, the NAHB/Wells Fargo Housing Market Index (HMI) rose from 60 in July to 61 this month. Any …
Home Builder Sentiment Measures Near Ten-year High Read More
The National Association of Home Builders (NAHB) reports its 55+ Housing Market Index (HMI) slipped one point to 57 in the second quarter of 2015, but maintains the fifth consecutive quarter with a reading over 50. Any number over 50 indicates builders think conditions are good rather than poor, according …
What’s New in public focused Manufactured HomeLivingNews.com Paul Simon, Singing Homeward Bound, Doing Good Work and MH The Hybrid Core – A Different Style Factory Home-Building Process What’s New in Manufactured Housing Industry Professional News HUD Code Production Continues Rising. RV/MH Hall of Fame Inducts Class of 2015. Positive End …
Sunday Morning Recap-Manufactured Housing Industry News Aug. 2-Aug. 9, 2015 Read More
According to what progress tells MHProNews, there are several macro trends in the U. S. that could drive demand for manufactured home community (MHC) living. The aging population, according to the Census Bureau, consisting of 76 million baby boomers, nearly a quarter of the population, many of whom do not …
Aging Population with Insufficient Retirement Funds Leads to Manufactured Home Community Read More
As the modular industry innovates to meet housing affordability head-on, widespread acceptance of the product is being hampered by the way banks lend on residential development, according to businessnews.au in Australia. Modular techniques offer up to 40 percent time savings on construction, lower energy bills for buyers of modular homes …
Modular Slowly Making Inroads in Australia’s Residential Projects Read More
The Manufactured housing Association for Regulatory Reform (MHARR) informs MHProNews that statistics released by the Department of Housing and Urban Development (HUD) indicate production of HUD Code homes for June, 2015 rose 7.8 percent above June, 2014 production to 6,062 homes over last year’s 5,624 homes. On the year, HUD …
MHProNews has learned from the Virginia Manufactured and Modular Housing Association (VAMMHA) the state statistics for manufactured home (MH) shipments for June 2015 were comparable for June 2014. Last year, VA had 88 MH shipments—38 single-section, 50 multi-section—for a total of 139 floors versus 88 MH shipments this June—40 single-section, …
Virginia Manufactured Home Shipments similar to 2014 Read More
In response to a question posed by a reader of citizen-times in Asheville, North Carolina, MHProNews has learned Buncombe County, the county seat where Asheville is located, has 20,681 manufactured homes with a tax value of $476.7 million. Writer John Boyle said the number has not changed much from 2004 …
Manufactured Home Numbers Remain Stable in North Carolina County Read More
According to the National Association of Realtors’ (NAR) Pending Home Sales Index (PHSI), pending home sales declined in June, for the first time in 2015, following five straight months of increases. As themreport informs MHProNews, the drop was -1.8 percent in June to 110.3, but remains 8.2 percent above the …
A survey conducted by Inside Housing magazine in the United Kingdom says that over the next three years, 58.6 percent of the 22,544 homes planned by 17 of the UK’s largest housing associations will be constructed using offsite methods, including modular construction. Heathrow Airport’s Terminal T2A was modular construction, and …
