
All three U.S. stock market indexes notched their worst week of 2012. The Dow Jones Industrial Average is down 3.5% for the year, falling -73.11 points today, -0.59%, to end the week at 12,369.38. CNNMoney reports continuing concerns about global markets kept investors on the sidelines. The Nasdaq dropped -1.24 percent to 2,778.79, while the [...]...
18 May 2012
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InForum says organizers of the Bakken Housing Summit in Williston, North Dakota are calling for 5,000 homes in western ND in the next 24 months to meet the demand for housing in this oil rich region. Real estate developer Michael Milner of Salt Lake City says, “Without federal interference, this will be one of the [...]...
18 May 2012
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A contractor for 20 years, Dale Jech is now certified to build modular homes in Rochester, Minnesota, another player helping to fill the need for housing in the oil fields of North Dakota. Creative Modular Concepts already has orders for 80 homes and anticipates the sixty-man crew will build 145 homes this year. Jech says [...]...
18 May 2012
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SeniorHousingNews tells MHProNews.com following the Great Depression about 25% of all households were multi-generational. That number fell to 12% during the 1980′s and climbed to 17% as people deal with the Great Recession. If that trend continues, the nation’s home builders may be develop more side-by-side houses, with one side better...
18 May 2012
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Over 18 months of hard work by 200 students from Carroll County High School in southwestern Virginia has resulted in a modular home for a needy family, and a great sense of accomplishment for the students. While the CCHS Building Trades classes did the manual labor, the Culinary Arts Dept. provided food for community fundraiser [...]...
18 May 2012
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NationalMortgageNews reports RealtyTrac says foreclosure filings fell to their lowest level since July 2007, dropping five percent from March 2012 and 14% from a year ago. The 188,780 notices of default also include scheduled auctions and bank repossessions. Following three months of increases, foreclosure filings were down four percent April over...
18 May 2012
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Sources tell MHProNews.com that MHI will announce a staff change today. Rae Ann Bevington, who has filled the role of Vice President of Legislative Affairs at the Manufactured Housing Institute (MHI), MHI-PAC director and other duties is leaving to take on a new association role with ASAE. When asked about the change, MHI President Richard [...]...
18 May 2012
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CNNMoney reports continuing concerns about the possible fallout if Greece cannot implement austerity measures, and has to pull out of the Eurozone, pounded down all three indexes in trading today. The Dow Jones Industrial Average fell -157.65 points, -1.25 percent, to close at 12,440.90. The Nasdaq dropped -2.10 percent to 2,813.69, while the...
17 May 2012
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In a conversation SeekingAlpha writer Brad Thomas has with Sam Landy, CEO and President of UMH Properties, Landy describes the beginnings of UMH in 1969 and how the REIT (real estate investment trust) grew profitably through the years until the recent recession. Landy says the company thought manufactured housing was recession proof. He says...
17 May 2012
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From South Dakota’s KOTARadio comes news that the Rapid City, South Dakota City Council is reluctant to permit modular homes to be sited in MHCs. Council members expressed concern that modular homes might spring up in other neighborhoods. Noting that this is an opportunity to replace what is now in the community with a superior [...]...
17 May 2012
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TheTimesNews tells MHProNews.com from Burlington, NC Jeff Mitchell has come to the Burlington City Council twice to have property rezoned from residential to manufactured housing, and has succeeded both times. In 2010 the council voted 3-2 to honor the request. On the current issue, city staff recommended the change should not be made, but the...
17 May 2012
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by Katy Weldon Something amazing is happening to older mobile and manufactured homes in certain areas of California. They are in demand! Mobile and manufactured homes built in the 1970’s and 1980’s... Read more
MARKETING

by Jeff Templeton A recent study found that the average American sees approximately 1600 advertisements a day. In a single day! Those ads are seen online, in newspapers, magazines, billboards, TV,... Read more
MARKETING

Featured Articles and Reports for Vol. 3, No. 8, 2012 Alphabetically by Category COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL) • “What’s in a Name?” by Nadeen Green, JD The fact that you are reading MHProNews.com to... Read more
index

by Chrissy Jackson Simply put, a budget is a tool. When effectively used, this tool can enable you to have a manufactured home land lease community that is financially sound. A... Read more
COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

by Nadeen Green, JD The fact that you are reading MHProNews.com to gain insight into the manufactured housing industry shows that you are engaged and embracing the world of online information... Read more
COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

by Andrew Peters It’s easy for professionals in the housing industry to forget just how extensive the language of mortgage lending can be. We’re often quickly reminded, however, when we try... Read more
FINANCING

by John Merchant, JD Many manufactured home communities and some MH retailers have – over the years – created their own notes. The following is an outline of the things and... Read more
FINANCING

by Kurt D. Kelley, J.D. For the last six months, I’ve served on The Woodlands, Texas Chamber of Commerce Health Care Program Committee. These efforts culminated on April 27th with a... Read more
GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

by George Porter A Manufactured Home is a more complicated piece of engineering than most other homes. Our building code makes us have a multi-purpose chassis. Strangely, we don’t move all... Read more
GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

by Margaret Clark (Editor's Intro: The following is a letter written by manufactured home community owner Margaret Clark to KWWL-TV reporter, Kera Mashek. Ms. Clark was writing in response to a... Read more
GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

by L. A. 'Tony' Kovach Trade media exists because there is a need to communicate facts and ideas relative to the industry being served. A robust online trade journal (e-zine) complements... Read more
GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

by L. A. 'Tony' Kovach If a picture is worth a thousand words, then there are tens of thousands of words captured in the photos that follow. The Manufactured Housing Institute... Read more
GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Caesar's Palace, Las Vegas, NV - April 11, 2012. Members of the manufactured and modular housing industries gathered today at an awards luncheon to recognize individuals and companies for outstanding... Read more
GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

by L. A. 'Tony' Kovach Manufactured home trade shows are a wonderful way to bring products and professionals together in one place. The home shown in this photo gallery carousel below... Read more
GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

by Tim Connor OK, have you figured it out or are you just waiting for my take on this topic? Come on – give it some thought – it might prove... Read more
MANAGEMENT

by L. A. 'Tony' Kovach If you are holding a smartphone, an iPad or are looking at a laptop, etc. you already know the answer to this article's headline's question. But... Read more
MANAGEMENT

by Tim Connor, CSP If you are not aware of the simple fact that fear is the major contributor to stress, illness, failure, worry and a whole host of other negative... Read more
PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

by Zig Ziglar Several years ago I was teaching a Sunday school class at First Baptist Church in Dallas, Texas.Recalling G. K. Chesterton's paradoxical “Anything worth doing is worth doing badly,”... Read more
PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

by Tim Connor I just finished reading for the fourth time - one of my favorite books, The Power of Patience by M. J. Ryan. As I was reading, it struck... Read more
SALES

by L. A. 'Tony' Kovach Let's begin a periodic series of articles on some classic – but often unused or overlooked – sales tips and strategies. We will begin with the... Read more
SALES