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Posts Tagged ‘housing industr’

Sunday Morning Weekly Recap Manufactured Housing Industry News, September 10 to September 17, 2017

September 17th, 2017 Comments off
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Featured image credit, MHProNews.

Our new September issue is live. Our featured articles will be available on the MHProNews.com home page. Our September 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.

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

Manufactured Home Community Survives Hurricane Harvey, Damage Reports, and Relief Efforts

September 16th, 2017

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Hurricane Harvey flooding, credit, USA Today.

 

September 15th, 2017

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Photo credit, ABC News Go.

 

September 14th, 2017

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September 13th, 2017

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September 12th, 2017

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Warren Buffett, right, credit Wikipedia. Tim Williams, right, credit, LinkedIn. Collage credit, MHProNews.

 

September 11th, 2017

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September 10th, 2017

 

(Image credits are as shown above, and when provided by third parties, are shared under fair use guidelines.)

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

 

MH on the Comeback Trail?

March 21st, 2012 Comments off

According to The Wall Street Journal, the manufactured housing industry may be poised for a rebound. Noting the 42.1 percent increase in MH sales Jan. 2012 over Jan. 2011, and the corresponding six percent decrease of new single-family stick built homes in 2011, the article says home buyers may be looking for a more affordable alternative. During the late 1990’s and early 2000’s, loose lending standards led to many manufactured homes being repossessed, leaving a glut of used homes on the market and less demand for new product. Additionally, the lure of cheap credit lured many of modest means to traditional homes, causing the output of new MH to drop from 373,000 units in 1998 to 49,800 in 2009. The article says, “The three manufactured-home real-estate investment trusts tracked by Dow Jones All Equity REIT Index posted a total return of 20.5% in 2011. By comparison, the Dow Jones US Home Construction Index fell 3.9%.” Another draw is the cost: The average price of a manufactured home is $64,000 compared to $264,900 for a stick-built home. Although the public perception of manufactured housing is often rooted in the “trailer park” mentality of days gone by, strict building standards instituted by HUD in 1976 have upgraded the construction of factory-built homes. Sam Landy, president of UMH Properties, which MHProNews.com has learned owns 9,000 homesites in the U.S., says manufactured homes are constructed as well as or better than stick-built. “”Our houses can go down the highway at 60 miles per hour and nothing happens to them,” he says.

(Photo credit: WSJ/UMH Properties)