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Posts Tagged ‘Phoenix AZ’

National Industry Leaders Honored at 2013 Congress and Expo

April 19th, 2013 Comments off

Individuals and companies were honored for outstanding achievement in the manufactured and modular housing industry at the 2013 National Congress and Expo awards luncheon held in Las Vegas April 17, 2013. Those recognized for their contributions are as follows:

LAND-LEASE COMMUNITY OF THE YEAR

  • (Northeast/Mid-Atlantic)—Calverton Meadows, Calverton NY
  • (South) – Oak Ranch, Austin, TX
  • (Midwest) – The Community of Rolling Hills, Battle Creek, MI
  • (West) – Mountain View, Henderson, NV

RETAIL SALES CENTER OF THE YEAR

  • (Northeast/Mid-Atlantic) – Plattsburgh Housing Outlet, Plattsburgh, NY
  • (South) – Oakwood Homes, Morehead City, NC
  • (Midwest) – Clayton Homes, Harold, KY
  • (West) – Clayton Homes, Carson City, NV

DESIGN AWARDS

Manufactured Home Design

  • New Single-Section Manufactured Home Design (Production) – Fleetwood Homes, Inc. “Bainbridge 15562A”
  • New Manufactured Home Design – 1800 SF or Less (Production) – CMH Manufacturing West “Balboa Island 2130
  • ”New Manufactured Home Design – Over 1800 SF (Production) – CMH Manufacturing West “Balboa Island 3045”
  • New Single Section Manufactured Housing Design (Concept) – Fleetwood Homes, Inc. “Green Hill 18762G”
  • New Manufactured Home Design – 1800 SF or Less (Concept)  – Fleetwood Homes, Inc. “Canyon Lake 28603L”
  • New Manufactured Home Design – Over 1800 SF (Concept) – Fleetwood Homes, Inc. “Vogue 40764V”

Modular Design

  • New Modular Home Design – 2200 SF or Less (Production) – Cavco/Durango “Living Homes C6”
  • New Modular Home Design – Over 2200 SF (Production)  – CMH Manufacturing West “The Los Altos”
  • New Modular Multifamily or Duplex Design (Production) – CMH Manufacturing, Inc. “St. Michael’s Senior Housing
  • New Modular Home Design – 2200 SF or Less (Concept) – Palm Harbor Homes “Capullo”

NATIONAL AWARDS FOR INDUSTRY LEADERSHIP

  • Manufacturer of the Year – Cavco Industries, Inc., Phoenix, AZ
  • National Lender of the Year – 21st Mortgage Corporation, Knoxville, TN
  • Regional Lender of the Year – CU Factory Built Lending, San Antonio, TX
  • Floor Plan Lender of the Year – 21st Mortgage Corporation, Knoxville, TN
  • Manufactured Home Community Operator of the Year – Yes! Communities, Denver, CO
  • Manufactured Home Community Lender of the Year – Wells Fargo Multifamily Capital, Carlsbad, CA
  • Manufactured Home Community Broker of the Year – ARA National MHC Group, Denver, CO
  • Supplier of the Year – Universal Forest Products, Inc. – Grand Rapids, MI

Home Prices Post Largest Gain in Two Years Plus

November 30th, 2012 Comments off

According to the S&P/Case-Shiller Index, home prices registered the largest gain in over two years, moving up 3.6 percent in the third quarter over Q3 2011. CNNMoney reports the increase was the biggest since the second quarter of 2010 when the homeowner’s tax credit of up to $8,000 ended. A drop in foreclosures to a five-year low, an improving jobs market and record low interest rates have sparked home sales and home building. Dean Baker, of the Center for Economic and Policy Research, says “We’ll probably do better than inflation for the next few years, and people who have been underwater on their mortgage will get out from that, and build some equity.” Only Chicago and New York of the 20 markets surveyed showed a modest price decline from a year ago. As MHProNews has learned, Phoenix, AZ, which was one of the hardest hit cities following the housing crash, experienced the largest increase, with prices 20.4 percent higher than last year.

(Image credit: mortgagebroker)

Housing Market Still Hugging the Ground

October 11th, 2011 Comments off

HousingWire reports from Zillow that housing prices gained a meager 0.01 percent August over July, with minimal gains in only 68 of the 157 markets covered. The average home price dropped 4.5 percent from August 2010 to $172,600, and is off 28.3 percent since the high mark of June 2006. Stan Humphries, Zillow’s chief economist, says the foreclosure rate for August was 9.2 per 10,000 properties, a drop from 10.9 percent last October. But Humphries blames that on the discussion surrounding robo-signing, and says the rate will increase again, continuing to flatten home prices at least until next year. The foreclosure rate continued to hammer Phoenix, AZ with a 32.3 percent rate, and Riverside, CA at 25.2 percent.

(Photo credit: Wikipedia)

Long leaving Manufactured Housing Institute

October 5th, 2011 Comments off

Thayer_Long_outgoing_MHI_Executive_Directo photo credit_MHProNewsMHProNews received a statement from Cavco CEO and Manufactured Housing Institute (MHI) Chairman Joe Stegmayer, announcing the departure of Thayer Long as MHI’s executive director. Per Stegmayer’s statement, “As announced today at the MHI Board Meeting in Phoenix, Thayer Long will be leaving MHI to pursue another opportunity. Over the next several weeks, we will be working with Thayer, the MHI leaders and our excellent staff on a smooth transition of Thayer’s duties. The MHI leadership will also begin the search for Thayer’s replacement. Rest assured, MHI has extremely capable and professional staff.  They will continue to move the priorities of the association forward and will continue to serve our members well.” An MHI source stated Long would remain through October before departing. “This is what life is like in the association (world),” an MHI staffer said, who wished Long well while expressing confidence in the future.  In a typical comment, MHI member/retailer Doug Gorman said, “I have admiration for Thayer.  He stepped into the position at a time that was very challenging. Revenues were in decline.  He rose to the occasion, stepped up to the plate and performed remarkably well…He probably saw something that was good for him, and he will succeed because he is hard working.  I absolutely wish him well.” MHI PAC Chair, Rick Rand of Great Value Homes said, “Very happy for Thayer, he chose to make a career move.  Thayer has been with the association for years, and has been a great asset, stepped up all the time in his duties with MHI.  It was great to work with him. I am sorry to see him go, but that is the nature of this business.  We can only wish him the very best.”  A multi-decades veteran industry contacted MHProNews, speculating that Long’s departure was due to his seeing ‘the hand writing on the wall.’  When asked, Rand’s reply to that comment was, “We (MHI) are now in better financial shape than we have been in years, MHI is in a great position.  As is the MHI PAC.” Rand pointed to the MHI leadership, saying “We need to remember to give credit to the executive committee; Joe Stegmayer, Don Glisson, Jr., Kevin Clayton, Nathan Smith and Ken Cashin, the immediate past chair.” “I talked to Thayer several times during his tenure at MHI.  He was always professional, pleasant, and cooperative.  We wish him and MHI well during this time of transition” said John Bostick of Sunshine Homes and MHARR Chairman. MHProNews will continue to bring you updates on this and related developments.

(Photo credit: MHProNews.com/MHMSM.com)