Newsletter Archive

Latest Comments

The Masthead
Daily Business News
Industry Voices
INspirations
Words of Wisdom
The Cutting Edge
Powered by Disqus
Find the perfect job or hire the perfect employee

Sell or Buy using our Classifieds

Upcoming Events

Submit your news and events

This week, the Senate has turned its attention to the extension of the home buyer tax tax credit which expires on December 1 unless extended. Members of the Senate have said they have substantially reached an agreement on extending the credit, and plan to add it to a bill that would extend expiring unemployment benefits. The amendment would extend the existing $8,000 tax credit for first-time home buyers and offer a new $6,500 credit for existing homeowners who have lived in their current residence for a consecutive five-year period within the past eight years. Once the Senate has adopted the extension, the House is expected to take up and pass the Senate language. The White House also came out this week in support of the extension. MHI has expressed its support for extension of the homebuyer tax credit to key members of both the House and the Senate, as well as to the White House.

Source: MHI Newswire

Daily Business News Briefs

Modular Homes Rising where Irene Destroyed Manufactured Homes

Modular Homes Rising where Irene Destroyed Manufactured Homes

Over four-and-one-half years after Tropical Storm Irene tore through Waterbury, Vermont, destroying 11 manufactured homes (MH) with waist deep water, developer Bob Baker with Paramount Homes is replacing the damaged units with 11 modular homes he will rent out. “As strong Vermonters, we just rebuild and that’s what we’re doing....

01 Jul 2016

NSP_READMORE

Modular Container Home in High-end Calif. Market

Modular Container Home in High-end Calif. Market

People walking through a sleek new design home in San Diego overlooking the Pacific do not realize it is made of recycled shipping containers until they are told, as realtor tells MHProNews. “There’s a stigma, a misperception,” listing agent Jonathan Sanders says of the modular construction which his company and another one designed and built. [&#8...

01 Jul 2016

NSP_READMORE

British Columbia City may Allow Manufactured Homes for Foreign Agri Workers

British Columbia City may Allow Manufactured Homes for Foreign Agri Workers

Following an hour-long Kelowna, British Columbia, City Council meeting regarding a request by a local fruit grower to build more permanent housing for foreign fruit pickers, as cbc.ca trells MHProNews., who the grower says stay nearly eight-months, has resulted in the council sending a letter for clarification to B. C. Agriculture Minister Norm...

01 Jul 2016

NSP_READMORE

UMH Properties is Top Gainer; MHCV slips, Skyline Falls

UMH Properties is Top Gainer; MHCV slips, Skyline Falls

In the news from CNNMoney: Ammunition imports shoot up nearly 50 percent. President Obama signs Puerto Rico rescue bill. NFL’s Roger Goodell pay is cut to $31.5 million in 2015, down from $44.2 million in 2012. Workers to strike at Trump Taj Mahal Casino. Rio gets federal bail out 36 days before Olympics. New apartments […]...

01 Jul 2016

NSP_READMORE

UMH Properties hits 52-Week High, Projections Skyward

UMH Properties hits 52-Week High, Projections Skyward

As investors await the Aug. 4, 2016 earnings report from manufactured housing community (MHC) owner UMH Properties, Inc. (NYSE:UMH), the stock has hit a new 52-week high at $11.25, with a target of $26.10, a 132% increase. If that is reached, that will add $405.09M to the $306.89M valuation of the company. A 52-week high […]...

01 Jul 2016

NSP_READMORE

Maine City Receives Block Grant for Modular Apartments

Maine City Receives Block Grant for Modular Apartments

A project to replace deteriorating apartment buildings in Farmington, Maine with modular units moved closer to fruition as the Board of Selectmen accepted a $500,000 Community Development Block Grant (CDBG), and appointed an eight-member advisory board to oversee the building. MHProNews last posted a story about the project, called 82 High Street,...

01 Jul 2016

NSP_READMORE

Zeman Expands its Reach into Florida

Zeman Expands its Reach into Florida

Chicago-based Zeman Homes, which bills itself as one of the largest privately-owned owners of manufactured home communities (MHC) in the nation, has purchased a 43-acre site near Naples, Florida zoned for a 273 home MHC site. The company recently acquired the 55+ community Caribbean Park, according to what MHProNews has been told. Although terms...

01 Jul 2016

NSP_READMORE

Pending Home Sales Slip April to May

Pending Home Sales Slip April to May

Following a three-month climb, the pending home sales index slipped 3.7 percent from April to May, to 110.8, according to the National Association of Realtors (NAR), 2.6 percent higher than expected, but a 0.2 percent decrease from may 2015. With 100 being a healthy number, the index has not fallen year-over-year since Aug. 2014. Nevertheless,...

30 Jun 2016

NSP_READMORE

Skyline Outshines other MH-related Stocks; Dow Regains 235 Point

Skyline Outshines other MH-related Stocks; Dow Regains 235 Point

In the news from CNNMoney: A Tesla 2015 S on autopilot has fatal crash, spurring Federal investigation. JetBlue is offering free Precheck for frequent fliers. Glock wins $85 million FBI contract. China is crushing the U. S. in economic warfare. Some 20 percent of the 260 million cars on U. S. roads have defective Takata […]...

30 Jun 2016

NSP_READMORE

July 2, 2016 – the Manufactured Housing rEvolution!

July 2, 2016 – the Manufactured Housing rEvolution!

At the depth of the Obama-era great recession, Ron Thomas Sr. – MMHF Chairman and RV MH Hall of Fame founder of Rona Homes – said that the industry needed to stop comparing its performance to the peak of 1998; rather, Thomas suggested that MH Professionals must look at 2009-2010 years as the new baseline. […]...

30 Jun 2016

NSP_READMORE

Manufactured Homes Damaged in Moving to other Sites

Manufactured Homes Damaged in Moving to other Sites

Following up on a story abut the closing of Odd’s Mobile Home Park in Minot, North Dakota and the subsequent moving of the 31 homes, as MHProNews posted June 3, 2016, minotdailynews reports that problems arose in the moving and re-siting of some of the homes. The city, which bought the property and paid for […]...

30 Jun 2016

NSP_READMORE

New Sponsors

Featured Articles and Reports - June 2016 Vol. 7 No. 9

NSP_PREV NSP_NEXT NSP_PAGE

The Power of Review Videos

The Power of Review Videos

by Wayne Coakley Who loves to watch videos? NSP_READMORE

MARKETING

How to do a Promissory Note and Security Agreement

How to do a Promissory Note and Security Agreement

by Marc Lifeset, JD + Jeff Barringer, JD Marc Lifset and Jeff Barringer will dissect for you our state-of-the-art form of chattel-loan promissory note and security agreement, or, as we will... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

“Whiny Neighbor”

“Whiny Neighbor”

by Nadeen Green, JD When I teach others about reasonable accommodations required for persons with disabilities, we often talk about "whiny neighbors" - those folks who want to know why someone... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Open Letter - CFPB Director Richard Cordray - On Taking Responsibility for …

Open Letter - CFPB Director Richard Cordray - On Taking Responsibility for Harming Millions

by L. A. 'Tony' Kovach 6.3.2016-CFPB Director Richard Corday, As you know, you are tasked with Protecting Consumers, yet the evidence shows that you know that Consumer Financial Protection Bureau regulations... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Lawsuit Charges Eviction from MH Community is Discriminatory

Lawsuit Charges Eviction from MH Community is Discriminatory

by Matthew Silver MHProNews posted a story May 25, 2016 regarding the Waples Mobile Home Park in Fairfax, VA being charged with violation of federal and state fair housing laws for evicting residents who do... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Northpoint Commercial Finance is Revolutionizing the Manufactured Housing I…

Northpoint Commercial Finance is Revolutionizing the Manufactured Housing Industry

by John Durnien Northpoint Commercial Finance, headquartered in Alpharetta, Georgia, is bringing some innovative ideas to the inventory finance industry. NSP_READMORE

FINANCING

Dodd-Frank Act Remains a Stumbling Block to Manufactured Home Lending

Dodd-Frank Act Remains a Stumbling Block to Manufactured Home Lending

by Matthew Silver Steve Sinovic, writing in abqjournal, says sales of manufactured home sales are up, a popular and affordable housing choice for New Mexicans, some eighteen percent of whom live in... NSP_READMORE

FINANCING

Duty To Serve by GSEs-Long-term Mortgages on Leased Land – It's Already Bee…

Duty To Serve by GSEs-Long-term Mortgages on Leased Land – It's Already Been Done!

by Titus Dare TOPIC – Did You Know? GSEs have already made chattel loans in Leaseholds & the “TOP SECRET” Chattel Loans purchased by Fannie NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Clayton Home Building Group Selects Birmingham for Inaugural Home Show

Clayton Home Building Group Selects Birmingham for Inaugural Home Show

by Lexi Holdbrook Clayton Homes, a Berkshire Hathaway Company, hosted its inaugural Clayton Birmingham Home Show from May 17 – 19, 2016 at the Birmingham-Jefferson Convention Complex. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Open Letter - Tim Williams, MHI Chairman – Correcting Errors, Crossing the …

Open Letter - Tim Williams, MHI Chairman – Correcting Errors, Crossing the Goal Line

by L. A. “Tony” Kovach 6.2.2016 - To: Tim Williams, Chairman, Manufactured Housing Institute (MHI). NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Manufactured Home Retailers and Communities – Bottom Line Booster by Sunshi…

Manufactured Home Retailers and Communities – Bottom Line Booster by Sunshine Homes - Tuesdays with Tony

by Soheyla Kovach Sunshine Homes is offering the second round of their popular webinar - Tuesdays with Tony – a marketing and sales coaching session. See the video below. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Clayton Homes Asheville Manufactured Home Show – Photos and Numbers

Clayton Homes Asheville Manufactured Home Show – Photos and Numbers

by L. A. “Tony” Kovach Our sources at Clayton Homes tell us the following about their recent Asheville Show. By photos and by the numbers, here's the snapshot of their event... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

A Cup of Coffee with…Kenny Lipschutz, HomeFirst™ Certified Communities

A Cup of Coffee with…Kenny Lipschutz, HomeFirst™ Certified Communities

1) Who, What and Where: (Your name and your formal title at Brookside Companies/ HomeFirst™ Certified Communities and where your company is based). I am Kenny Lipschutz, Chief Executive Officer of... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Why has MHI Issued a News Release on DOE Proposals Prior to the Rule Being …

Why has MHI Issued a News Release on DOE Proposals Prior to the Rule Being Published?  Q&A with M. Mark Weiss of MHARR

by L. A. “Tony” Kovach As regular readers of MHProNews know, MHARR's new president took the reigns there almost 1½ years ago. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

UMH Community Hosting Baseball Legend “Doc” Gooden; UMH Chair to Present a…

UMH Community Hosting Baseball Legend “Doc” Gooden;  UMH Chair to Present at NAREIT

by Matthew Silver UMH Properties, Inc. (NYSE:UMH) announces it will host three-time champion World Series pitcher Dwight “Doc” Gooden on June 18, 2016 at the manufactured home community owner’s Kinnebrook Estates... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

CFPB Director Cordray tells Whistleblower to have her Attorneys “Back Down”…

CFPB Director Cordray tells Whistleblower to have her Attorneys “Back Down”

by Matthew Silver Claiming senior managers within her office bullied and demoted her for filing a complaint with the Equal Employment Opportunity (EEO) office, Angela Martin said in testimony before the... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Drew Hits New Stock High; Equity LifeStyle Properties Declares Dividend

Drew Hits New Stock High; Equity LifeStyle Properties Declares Dividend

by Matthew Silver Drew Industries, Inc. (NYSE:DW) stock hit a new 52-week high Fri., May 27, $77.31, 44 cents shy of a ten dollar bill increase over the 50-day moving average of... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Why Richard "Dick" Jennison and Lesli Gooch at MHI Should Resign or Go

Why Richard

by L. A. "Tony" Kovach   For some years, this scribe and others have tried to correct the kinds of issues that will be cited in this column in an off-the-radar... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Why did 4-9-16 MHI's Housing Alert Mislead Association and Industry Members…

Why did 4-9-16 MHI's Housing Alert Mislead Association and Industry Members?

by L. A. “Tony” Kovach Let's begin with the facts. On April 9, 2016 MHI sent out a housing alert to MHProNews and other industry members. It read like the copy... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Bottom Line Change in MH Marketing and $ale$

Bottom Line Change in MH Marketing and $ale$

by L. A. “Tony” Kovach Change is a constant in life. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

ZigOn Failing

ZigOn Failing

by Zig Ziglar Most parents experience the joy of watching their children turn over, then crawl, then stand up and then take those first steps. NSP_READMORE

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Are you letting your past determine your present

Are you letting your past determine your present

by Tim Connor, CSP The past is history regardless of its positives or negatives. NSP_READMORE

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Frank Rolfe's Ten Tips to Pros on Manufactured Home Selling - Video

Frank Rolfe's Ten Tips to Pros on Manufactured Home Selling - Video

by L.A. "Tony" Kovach This fast-paced video is taken from a longer panel discussion that featured Frank Rolfe, partner in Mobile Home University, MHP Funds and RV Horizons. NSP_READMORE

SALES

Upcoming Events

mhre-banner-ad-500x200-animated-2

You Might Like

MHLIVINGNEWS.COM FEATURED HOME OF THE WEEK

Classifieds

Press Releases

Northpoint Commercial Finance Expands Fi…

Northpoint Commercial Finance Expands Field Sales Organization

Alpharetta, GA, June 26, 2016 – Two new Directors of Business Development have joined Northpoint Commercial Finance’s Field Sales Organization. Northpoint is a diversified finance company that provides flexible inventory lending and floor plan financing solutions. With a highly successful background in floor plan financing, Richard Derbonne will lead development efforts in Texas and Oklahoma. Derbonne joins the Northpoint team from GE Franchise Finance with deep experience gained over more than 20 years in financial services. Previously, Derbonne held senior sales and management positions with such companies as Transamerica, Bombardier, First Horizon National and GE Commercial Distribution Finance.   Based in North Carolina, Greg Nash will lead development efforts in the eastern states of North Carolina, Virginia, West Virginia, Maryland and Delaware. He brings more than 25 years of floor plan financing experience...

the MHMSM Team 28 Jun 2016 Corporate Press Releases

NSP_READMORE

Northpoint Commercial Finance Provides I…

Northpoint Commercial Finance Provides Inventory Finance Program for  O’Rourke Sales Company Dealers

Winston-Salem, NC, May 15, 2016 – Northpoint Commercial Finance (“Northpoint”) continues to expand its partnerships with Nationwide Marketing Group (“Nationwide”) members through a new program for O’Rourke Sales Company (“O’Rourke”) dealers. Northpoint is a diversified finance company that provides flexible inventory lending and floorplan financing solutions, and Nationwide is North America’s largest buying and marketing organization. Headquartered in Davenport, Iowa with seven locations across the country, O’Rourke is a national distribution and fulfillment company for electronics and appliances across multiple sales channels, including premium and incentive, e-commerce, military exchanges, and both independent and national retailers. “We are pleased to begin our new relationship with Northpoint," said Jeff O'Rourke, CEO of O'Rourke Sales.  "We know they understand our dealers' priorities and financing requirements, and we feel it is crucial to give our dealers...

the MHMSM Team 17 Jun 2016 Corporate Press Releases

NSP_READMORE

Jobs