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The modular homes sector has been plagued for decades by negative connotation, but Canadian Steve Vail is on a mission to polish the industry's image. "Modular does not equal trailers," stresses the president and general manager of Economy Homes and Cottages in Airdrie, Alberta. "We are attempting to move into the housing mainstream." With that in mind, Vail has pulled together a local show home parade of modular bungalows and two-story homes. The event, featuring homes manufactured by Grandview, is meant to demonstrate how modular housing has evolved to offer the same quality of specifications, finishings, and appointments that grace dwellings built on site. And because they are constructed in a factory setting -- allowing builders to accelerate the production schedule, avoid problems encountered when working outside in the elements, and reduce waste through the use of laser technology -- they are competitive with their traditionally built counterparts. Vail is confident that the display -- showcasing homes costing $225,000 to $325,000 and featuring such touches as sound systems, kitchen backsplashes, and garages, and two-sided fireplaces -- will help make some inroads against negative perception of the industry.

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From "Future of Construction: Ready-Made Has Many Advantages Over Traditional" Calgary Herald (Canada) (10/10/09) Hope, Marty

Source: MHI Newswire

Daily Business News Briefs

Sunday Morning Recap-Manufactured Housing Industry News Jan. 31 -Feb. 7, 20…

What’s New in public focused Manufactured HomeLivingNews.com Lifestyles of the Rich and Frugal: Manufactured Mansions Take Their Place in the California Sun What’s New in Manufactured Housing Industry Professional News Small community banks declined 20.5% since Dodd-Frank. Seattle Times prods investigation of Clayton. Town officials resign o...

07 Feb 2016

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Wells Fargo was Freddie’s Top MHC Seller in 2015

Wells Fargo was Freddie’s Top MHC Seller in 2015

Following a story MHProNews posted Jan. 14, 2016 regarding GSEs Fannie Mae and Freddie Mac’s multifamily loans for 2015, which totaled just under $90 billion, rebusinessonline reports CBRE was Freddie’s highest-producing multifamily mortgage seller with $6.96 billion in originations. Making the announcement at the Mortgage Bankers...

06 Feb 2016

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Patrick to Release Financial Results Feb. 18

Patrick to Release Financial Results Feb. 18

MHProNews has learned from prnewswire that Patrick Industries, Inc. (NASDAQ:PATK) will release its fourth quarter and year end 2015 financial results before the market opens on Thurs., Feb. 18, 2016. Later that same morning at 10:00 AM eastern time Patrick intends to host a conference call to discuss the results and other matters of the […]...

05 Feb 2016

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MHCV Drops -5.26 Percent as Dow Climbs back on Roller Coaster

MHCV Drops -5.26 Percent as Dow Climbs back on Roller Coaster

In the news from CNNMoney: U. S. exports drop for first time since Great Recession. Chinese group buying Chicago Stock Exchange. Berkshire Hathaway spends $964 million to increase share of Phillips 66 stock to 14 percent of all shares. Unemployment falls to 4.9 percent, lowest in eight years. Key Fed official says U. S. economy […]...

05 Feb 2016

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Seniors Comprise 42 Percent of Households, will Hit 46 Million by 2030

Seniors Comprise 42 Percent of Households, will Hit 46 Million by 2030

While the spotlight has been on the Millennials in recent years as the housing market tries to lure them out of their parents’ basements, the National Association of Home Builders (NAHB) and American Community Survey has revealed more than 48 million households in the U. S. are headed by someone 55 and over, comprising 42 […]...

05 Feb 2016

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Clayton Acquires Manufactured Home Retailer G&I Homes of New York

Clayton Acquires Manufactured Home Retailer G&I Homes of New York

In its attempt to grow in Pennsylvania and New York, Clayton Homes has acquired G&I Homes of Frankfort, New York according to uticaod. Founded by Gerald and Irene Bushey in 1965, the six upstate manufactured home locations will continue to be run by members of the Bushey family, including son Joe Bushey, one of nine […]...

05 Feb 2016

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Factory-built Home Causes Wholesale Resignations of Mayor and Staff

Factory-built Home Causes Wholesale Resignations of Mayor and Staff

The mayor, one city council member, the city attorney, city manager and a Board of Adjustment member have all resigned their posts in Marquette, Iowa, pop. 462, according to thegazette, possibly in response to the city ‘s inaction on a zoning violation, as MHProNews has learned. On Wed., Mayor Dave Schneider, in office less than […]...

05 Feb 2016

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Seattle Times announces State Investigation of Warren Buffett’s Clayton Hom…

Seattle Times announces State Investigation of Warren Buffett’s Clayton Homes, as expected – Analysis

As part of the Seattle Times‘ ongoing year-long rant on Warren Buffett’s/Berkshire Hathaway-owned Clayton Homes and their affiliated lenders, Mike Baker and Daniel Wagner have succeeded in drawing Washington Governor Jay Inslee’s attention and his state’s Department of Commerce. This is resulting in a bill to investigate...

05 Feb 2016

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Freddie Mac Updates Manufactured Home Mortgage Insurance

Freddie Mac Updates Manufactured Home Mortgage Insurance

Effective for mortgages with settlement dates after Jan. 4, 2016, a bulletin from Freddie Mac says as part of their initiative “to responsibly expand homeownership,” it is updating mortgage insurance requirements for Home Possible Mortgages. If an H P Mortgage is secured by a manufactured home, it will be subject to Home Possible Mortgage mortgage...

05 Feb 2016

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Daily Business News - e98959880f6486d2b69daebf58cb8ab3 - 2016-02-04-23-00-0…

Daily Business News - e98959880f6486d2b69daebf58cb8ab3 - 2016-02-04-23-00-01

In the news from CNNMoney: After cutting workers and selling assets, big oil is now cutting dividends, while U S. is running out of storage facilities for oil. 12.7 million Americans sign up for Obamacare 3.0. Bull market for water stocks follows Flint crisis. U. S. job cuts hit 218% in Jan. Ben & Jerry’s […]...

04 Feb 2016

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Post Louisville MH Show 2016 – The Last Word – by the Numbers

Post Louisville MH Show 2016 – The Last Word – by the Numbers

There were a number of conflicting reports on total attendance at the 2016 Louisville Show, and how it compared to the outcome from the 2015 event. MHProNews has obtained the following report from Show Ways Unlimted, that provide the last official word on the topic.                 The following […]...

04 Feb 2016

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Featured Articles and Reports - February 2016 Vol. 7 No. 5

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You Have A Bad Review!

You Have A Bad Review!

by Wayne Coakley “Just go elsewhere! These people are horrible to deal with. NSP_READMORE

MARKETING

Fair Housing Hunt!

Fair Housing Hunt!

by Nadeen Green, JD What is an author to do when she has monthly written articles about Fair Housing issues for L. A. “Tony” Kovach on MHProNews for more than 6... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

MHPark Safety Inspections and Pride of Ownership

MHPark Safety Inspections and Pride of Ownership

by Kurt Kelley, JD and Frank Rolfe Safety inspections are a valuable part of our specialty manufactured home community (aka mobile home park) insurance programs. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Louisville Hits a Home Run

Louisville Hits a Home Run

by Tifanee McCall WOW! What an ending to the 2016 Louisville Show. I have only participated in this show for 15 years, so I might be considered a newbie, but this... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Manufactured Home Community (aka 'mobile home parks) Buying, Selling, Inves…

Manufactured Home Community (aka 'mobile home parks) Buying, Selling, Investing - Chris Nortley, MHRE video interview 

by L. A. 'Tony' Kovach The manufactured home community sector is hot, some say, red hot! What some call “mobile home parks” is in demand, because affordable quality living is in... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

HUD Action Would Directly Benefit Manufactured Housing Competitors

HUD Action Would Directly Benefit Manufactured Housing Competitors

by M. Mark Weiss, JD An Outrageous HUD Rule Would Destroy Significant New Markets For Affordable Manufactured Housing. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

A Cup of Coffee with…Kristian “Kris” Jensen III

A Cup of Coffee with…Kristian “Kris” Jensen III

1) Who, What and Where: (Your name and your formal title at Jensen Communities). Kristian “Kris” Jensen III, President, CEO & Chairman, Jensen Communities. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

THIS IS WHY - The Tunica Manufactured Housing Show - WILL always be there…

THIS IS WHY - The Tunica Manufactured Housing Show - WILL always be there…

by Dennis Hill Because… The Tradition Is Solid and Dependable NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Sights and Sounds – Videos - from the 2016 Louisville Manufactured Housing …

Sights and Sounds – Videos - from the 2016 Louisville Manufactured Housing Show

by L. A. 'Tony' Kovach The 2016 Louisville Show is in the history books. Snow and the cancellation of the final ½ day (Friday) were contributing factors that slowed the previous... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Trade Journalism meets Mainstream Journalism – How the MHIndustry Benefits

Trade Journalism meets Mainstream Journalism – How the MHIndustry Benefits

by L. A. 'Tony' Kovach For years, part of our mantra has been that good independent trade journalism can be part of the solution for what ails manufactured housing in the... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Rachel Young Joins Western Region CU Factory Built Lending Team

Rachel Young Joins Western Region CU Factory Built Lending Team

by John Walters CU Factory Built Lending Western Region Sales and Marketing team has a new member, Rachel Young. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Don Glisson Jr & Darrell Boyd, Triad Financial Services – Manufactured Home…

Don Glisson Jr & Darrell Boyd, Triad Financial Services – Manufactured Home Loans – Inside MH Video Interviews

by L. A. 'Tony' Kovach Triad Financial Services closed some $400 million in new manufactured home (MH) loans in 2015. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

A Cup of Coffee with…John Bostick

A Cup of Coffee with…John Bostick

1)Who, What and Where: (Your name and your formal title at Sunshine Homes and where your company is based). John Bostick, President, Sunshine Homes, Red Bay, Al. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

The Terrific Tunica Manufactured Housing Show, March 22-25, 2016

The Terrific Tunica Manufactured Housing Show, March 22-25, 2016

by Andy Gallagher TUNICA, Miss. – Seventeen manufacturers and 62 services and supplier exhibitors are signed up to present at The Tunica Manufactured Housing Show March 22-25, 2016 at Tunica, Mississippi,... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Tantalize Your Taste-buds with the Video Tunica Manufactured Housing Show, …

Tantalize Your Taste-buds with the Video Tunica Manufactured Housing Show, March 22nd-25, 2016!

by L. A. 'Tony' Kovach There are plenty of details in Andy Gallagher's and Dennis Hill's pre-show write up this month, so let me share a VISUAL perspective – a fast-paced... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Success isn't an independent journey

Success isn't an independent journey

by Tim Connor, CSP Let me be clear as I approach this topic - yes, it takes - effort, passion, courage, wisdom, time, creativity, discipline and self-esteem and more to be... NSP_READMORE

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

ZigOn The Succession of a Philosophy

ZigOn The Succession of a Philosophy

by Zig Ziglar On a trip to India, I had the opportunity to address corporate executives on the truths I have been sharing for more than 50 years. NSP_READMORE

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Upcoming Events

Tunica2016ManufacturedHousingShow-Ani-newgif-500x200

MHLIVINGNEWS.COM FEATURED HOME OF THE WEEK

Classifieds

Press Releases

Sunshine Home's 2016 Business Building P…

Sunshine Home's 2016 Business Building Program for Independent Retailers and Communities

At the end of the day, manufactured home retailers, MH Communities and HUD or modular code manufacturers have something important in common. Each wants to attract more qualified buyers and sell more homes. We should all want to have happy buyers, which results in referrals that leads us all to more sales and still more happy factory-built home owners. The multi-million dollar question is, how do you achieve that result?  An important part of the answer is good marketing and sales.  For 2016, Sunshine Homes is going to provide a complimentary service to its independent retailers and communities (aka, 'mobile home parks').  We've created a strategic alliance with L. A. 'Tony' Kovach, widely known as the industry's leading MHLivingNews.com and MHProNews.com publisher.  Tony's other hat is marketing and sales consulting and related business development services.  Here are examples of...

the MHMSM Team 04 Feb 2016 Corporate Press Releases

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MHWC Will Attend the Tunica Manufactured…

MHWC Will Attend the Tunica Manufactured Housing Show, March 23-25, 2016

MHWC, the national leader in new HUD-Code home manufactured warranties, will be exhibiting at the Tunica Manufactured Housing Show, March 23-25, 2016. Held at the Resorts/Hollywood Casino in Tunica, Mississippi, this housing show is an excellent opportunity to showcase products and services and network with those in the industry. The show regularly features over 80 HUD-Code homes and draws almost 2,000 retailers, builder/developers, community owners and installers. MHWC is affiliated with Residential Warranty Company, LLC and offers both builder/dealer HUD-Code warranties as well as manufacturer HUD-code warranties. Affordable competitive rates, FREE marketing materials and the opportunity to join an exclusive incentive program are just some of the benefits you’ll receive from MHWC & Affiliates. MHWC Account Executive, Tifanee McCall, will be available in booth #3 to field questions from interested HUD-Code manufactured home builders and manufacturers. The...

the MHMSM Team 04 Feb 2016 Corporate Press Releases

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New Michigan MHP Opportunity!

New Michigan MHP Opportunity!

Property Overview MHRE Inc. is pleased to present Pleasant Valley MHP located in Clare, Michigan. Built in 1957, the investment opportunity consists of a 57 site mobile home park, developed on 4.5 acres. Pleasant Valley has all site rent residents with no home rentals. There are currently 18 vacant sites providing a substantial value add by filling the vacant sites with home rentals or home sales. The investment currently has in place leveraged cash on cash return of 25.53%, with a 42.10% 7 year IRR. Enon Winkler 407-616-0250 enon@mhreinc.com Ryan Opatich 586-884-8417 ryan@mhreinc.com www.mhreinc.com

the MHMSM Team 31 Jan 2016 Corporate Press Releases

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Rachel Young Joins Western Region CU Fac…

Rachel Young Joins Western Region CU Factory Built Lending Team

CU Factory Built Lending Western Region Sales and Marketing team has a new member, Rachel Young. She assumed the role of Marketing and Sales Support Manager Oct. 30. Anthony Silcox, who previously held the role, is now the Business Development Executive for the Southern Territory of the region. Rachel has recently completed her on boarding and initial training and has already begun to contribute to the team. Rachel comes to CUFBL from Cascade Regional Blood Services, a nonprofit that serves hospitals in the Puget Sound area, where she worked at the marketing and communications supervisor. She has a decade of marketing and communication experience, mostly in nonprofit and government organizations. She also has experience as a licensed real estate agent in her hometown of Portland, Ore. She holds an MBA and...

the MHMSM Team 29 Jan 2016 Corporate Press Releases

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Tunica Manufactured Housing Show March 2…

Tunica Manufactured Housing Show March 23-March 25, 2016

The Tradition . . . During its long history the “Tunica Show” has grown to include virtually every supplier and manufacturer who has wanted to capture the southeast market. As home designs changed, as they became more complex and more beautiful, as they incorporated state-of-the-art features that appealed to every segment of consumers, our exhibitors recognized that the showcase represented by The Tunica Show was valuable as a marketing medium. Exhibiting at Tunica offers you one of the best ways to get in front of your customers and prospects in a relatively short amount of time. Tunica gives you the opportunity to not only show your homes, products, or services, but also creates that all important first impression. The Tunica Show is worth the effort! The Marketplace . . . In 2015 The Tunica...

the MHMSM Team 25 Jan 2016 Corporate Press Releases

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Buying or Selling a Manufactured Home Co…

Buying or Selling a Manufactured Home Community in 2016?

See us at the Louisville Show, in booth #314.

the MHMSM Team 15 Jan 2016 Corporate Press Releases

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