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Sunday Morning Weekly Recap Manufactured Housing Industry News August 20th to August 27th, 2017

August 27th, 2017 Comments off
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Week of Aug 13 to Aug 20, 2017.

Our new August issueOur theme for this month: Awful, Awesome August 2017 in MHVille

featured articles will be available on the MHProNews.com home page. Our May theme will be available mid-week this week.

 To see the line-up of over 2-dozen featured articles for this month, along with the headline commentary, please click the link above.

Manufactured, modular and prefabricated home professionals know that how a home got to its location should not define a person or their dwelling.

What the Daily Business News spotlights day-by-day are the tragedies, triumphs and struggles for acceptance of the obvious solution for millions for the growing affordable housing crisis in the U.S. and beyond.

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When you read the lineup for the month found on the home page, you can reflect on another motto as you chart your own professional path ahead: “We Provide, You Decide.”  ©

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What’s New On MHLivingNews

Plastic Housing? The Amazing Story of Futuristic Micro-PreFab Homes, Video

$2 Million Houses – How do they stack up to buying a new Manufactured Home?

August 26th, 2017

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Featured image credits, MHProNews/Pixabay.

 

August 25th, 2017

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Original photo credit, Pixabay, text and collage credit, MHProNews.com.

August 24th, 2017

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August 23rd, 2017

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August 22nd, 2017

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Still from Inside MH video, credits, ManufacturedHomes, MHProNews.com.

August 21st, 2017

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http://www.mhmarketingsalesmanagement.com/blogs/daily-business-news/america-manufactured-housing-debate-over-minimum-wage/

August 21st, 2017

 

Modular Builder Goes High Tech with Affiliates

October 15th, 2013 Comments off

Modular home manufacturer Ritz-Craft Homes of Mifflinburg, Pennsylvania has become the first modular home builder to develop an iPad app for their network of builders, allowing them to access information about pricing, options, floor plans and specification sheets. Noting builders are spending more time away from their offices, Ritz-Craft’s Reed Dillon says, “Our new app provides these builders with portability and the ability to access crucial files on their iPads, wherever they have an internet connection. This allows them to be more efficient and spend more time with their customers.” Ritz-Craft intends to develop a consumer-friendly app for home buyers next year, as MHProNews has learned from virtual-strategy.com.

(Photo credit: National Association of Home Builders)

Higher Mortgage Rates Cause Pause, may Fuel more Home Sales soon

August 26th, 2013 Comments off

nahb-2-logo-posted-daily-business-news-manufactured-home-marketing-sales-management-mhpronews-com-The National Association of Home Builders (NAHB) tells MHProNews that sales of newly built, single family homes declined in July 13.4%, to a seasonally adjusted annual rate (SAAR) of 394,000 units. “The drop-off in sales in July is in part a reflection of buyers’ reaction to the recent uptick in mortgage rates as people reassess their budgets to determine how much house they can afford,” said Rick Judson, chairman of the NAHB. NAHB Chief Economist David Crowe said, “However, there is still a great deal of pent-up demand for homes in markets nationwide, and builders continue to report improving consumer interest. This suggests that what we’re seeing is a temporary pause, and that buyers will return to the market once they are confident that the higher mortgage rates are here to stay.” ##

(Image Credit: NAHB Logo)

National Homes Sold Thousands of Prefabricated Dwellings

July 1st, 2013 Comments off

After World War II prefabricated home builder National Homes of Lafayette, Ind. supplied affordable homes for thousands of people between 1945 and 1965. Two to four-bedroom homes with 1,000 to 1,600 square feet costing $7,000 to $16,000 with down payments of $900—less for veterans—put homeownership within range of the majority of Americans. Canandaigua, New York saw 400 new homes built in this period, 250 of them were National Homes erected by the GWF Homes Corporation. The exterior walls, interior partitions, roof trusses and gables all came from a National branch factory in Horseheads, NY and were assembled on a prepared site within hours of arrival. As MHProNews has learned from mpnnow.com, the remainder of the homes were then finished by local businesses to the company’s specs. in 2-3 weeks. In 1965 National began building its own subdivisions.

(Image credit: flickr.com)

NAHB Comments on FHFA Appointment

May 2nd, 2013 Comments off

MHProNews has learned the National Association of Home Builders (NAHB) Chairman Rick Judson, a home builder in Charlotte, NC, has issued a statement on the nomination of Rep. Mel Watt (D-NC) to head the Federal Housing Finance Agency (FHFA). “We applaud the nomination of Representative Watt to this important position. After four years in conservatorship, the future of Fannie Mae and Freddie Mac stands at a crossroad. Rep. Watt brings years of experience to this position at a pivotal moment as our nation’s housing market recovers. NAHB looks forward to working closely with Rep. Watt to help address the many complex challenges facing the U.S. housing finance system upon his confirmation by the U.S. Senate.”

(Photo credit: Fotosearch)

Builder Confidence Wanes

March 18th, 2013 Comments off

Single-family home builder confidence slipped for the third consecutive month, falling two points to 44 for March, according to the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). MHProNews has learned any number above 50 indicates the outlook for the next six months is good rather than poor. NAHB Chief Economist David Crowe says the infrastructure that supports home-building has to re-establish itself. “During the Great Recession, the industry lost home building firms, building material production capacity, workers who retreated to other sectors and the pipeline of developed lots. The road to a housing recovery will be a bumpy one until these issues are addressed, but in the meantime, builders are much more optimistic today than they were at this time last year.” Regionally, the West gained four points, the Northeast remained unchanged, and the South and Midwest each lost a point.

(photo credit: Comstock Premium)

Three Week Move-in After Order?

November 22nd, 2012 Comments off

Gizmag tells us a Spanish partnership of CSO Arquitectura and prefab home builder Torsan has developed a modular home that can be move-in ready three weeks afer it is ordered. It takes a week to produce the detailed drawings, the frame and paneling are completed over three days, and a week later the home is sited. The homes can be adapted for water cachement, as well as photovoltaic cell and thermal solar systems for energy. MHProNews has learned prices for the SAVMS (Sistema Abierto de Viviendas Modulares Sostenibles, which roughly translates as Open Sustainable Modular Housing System) start at $85.00 a square foot.

(Photo credit: Arquitectura/GizMag)

Builder Confidence Inches Up

October 16th, 2012 Comments off

MHProNews has learned the NAHB/Wells Fargo Housing Market Index (HMI) for newly-built single-family homes edged up one point to 41, its highest reading since June 2006. Any score above 50 indicates builders see sales conditions as good rather than poor. “Many builders are reporting increases in the number of serious buyers visiting their sales offices, and the overall confidence measure is much higher than it was at this time last year,” noted NAHB Chairman Barry Rutenberg, a home builder from Gainesville, Fla. Considering three-month moving averages, the HMI rose two points in the Midwest and West to 42 and 44, respectively. The South gained three points to 39, while the Northeast remained at 29.

(Photo credit: digplanet)

Housing Market Inching Back

October 5th, 2012 Comments off

The National Association of Home Builders tells MHProNews the NAHB/First American Improving Markets Index (IMI) indicating positive movement in the housing industry rose four notches from last month to include 103 metropolitan markets. Measuring housing permits, employment and house prices for at least six consecutive months, the Oct. reading marks the highest number since the list was created one year ago. “While 11 new housing markets were designated as improving in October, 92 metros retained their spots on the IMI and just seven slipped from the list,” noted Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla. “This is an encouraging sign that the housing recovery is proceeding at a steady pace as firming prices and employment help spur new building activity, which in turn generates new jobs and more home sales.” New markets added to the list include: Santa Cruz, CA; Pocatello, ID; Savannah, GA; and Abilene, TX.

(Image credit: Wikipedia)

Home Builders Want to Evaluate Legislative Proposal

September 21st, 2012 Comments off

In a letter to the U.S. Speaker of the House of Representatives John Boehner, the National Association of Home Builders (NAHB) expresses concerns with H.R. 4212, the Contaminated Drywall Safety Act of 2012, which is designed to prevent unsafe drywall being used in the U.S. While NAHB praises the Consumer Product Safety Commission (CPSC) for seeking the source of the drywall problem, the 140,000 home builder member organization has not had the opportunity to evaluate the legislation. In addition, NAHB is concerned the legislation might set a precedent wherein the CPSC may develop standards on the use of any materials without going through the public comment phase. As MHProNews has learned, the shortage of drywall following Hurricane Katrina led to the importation of Chinese drywall that sickened many residents in homes where the drywall was used. Numerous lawsuits resulted in millions of dollars in settlements, especially in Florida and Louisiana.

(Image credit: National Association of Home Builders)