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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

California Investment Firm Buys Tulsa MH Community

California Investment Firm Buys Tulsa MH Community

Park Street Partners, Ladera Ranch, California, recently announced the acquisition of the Broken Arrow Estates Mobile Home Park in Broken Arrow, Oklahoma, in the Tulsa metro area. This is the fifth manufactured home community acquired for this private equity investment firm. PR Web tells MHProNews that Brad Johnson, Co-Founder of Park Street...

28 Feb 2015

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Arizona Manufactured Home Community Sells for $23.85M

Arizona Manufactured Home Community Sells for $23.85M

Chaparral Mobile Village, a fully improved, 359-site, all-age manufactured home community in Tempe, Arizona, recently sold for $23,850,000, which equates to $66,435 per space at a 6.25 percent cap with a 43.75 percent expense load or $3,232 in expenses per site. Arizona Commercial Real Estate Magazine tells MHProNews that the sale was handled...

27 Feb 2015

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Beware of Patent Trolls

Beware of Patent Trolls

So, what’s a patent troll? These are individuals and / or companies that buy patents for products they didn’t invent or manufacture, and then file lawsuits against those using them in an attempt for a pay-out. They file lawsuits against small businesses that lack the resources to fight false patent infringement claims. Presently, they are [...

27 Feb 2015

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U.S. Stocks fell Friday but have best month since Oct. 2011; MHCV Stocks Di…

U.S. Stocks fell Friday but have best month since Oct. 2011; MHCV Stocks Dip Slightly

MHCV values went down 1.28% today.  In the stocks we track, most went down. There were a few minute gains as evidenced in the list below. USA Today tells MHProNews that stocks fell Friday as the Nasdaq failed to hit the 5000 mark again, but markets still managed to post strong gains for the month. […]...

27 Feb 2015

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Latest GIA Reports Show Consumer Preference for Factory-Built Homes

The increased need for affordable housing in today’s market along with concern about the present economic climate is influencing consumers to be wary of spending heavily on site-built homes. These conditions lead to increased consumer preference for houses that can be built quickly with cost efficiency, and factory-built homes can meet that need. T...

27 Feb 2015

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UMH Communities Showcased, Affordable Solutions in Oil and Gas Boom Areas

UMH Communities Showcased, Affordable Solutions in Oil and Gas Boom Areas

In various areas of the country where oil and gas development is booming, serious housing shortages can occur.  Workers often have difficulty in finding affordable and acceptable housing arrangements. This has certainly been the situation in the Marcellus and Utica Shale areas of Pennsylvania where housing has become limited and expensive.  An i...

27 Feb 2015

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Equity Lifestyle Properties, Inc. Updates Q1 Earnings Guidance

Equity Lifestyle Properties, Inc. Updates Q1 Earnings Guidance

Equity Lifestyle Properties, Inc. (NYSE:ELS) issued an update on its first quarter earnings guidance on February 24.  American Banking News tells MHProNews that ELS provided earnings per share guidance of $0.78-0.84 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.76. ELS also updated its FY15 guidance to...

27 Feb 2015

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Home Ownership Still Part of the American Dream

Home Ownership Still Part of the American Dream

Although there has been a lot of talk in the news lately about Millennials delaying marriage, kids and home ownership, research shows that home ownership still remains a goal for the vast majority of American renters. The Sioux City Journal tells MHProNews that a recent survey by Freddie Mac revealed that 91 percent of renters […]...

26 Feb 2015

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U.S. Stocks Drift Lower; MHCV Stocks Rise Slightly

U.S. Stocks Drift Lower; MHCV Stocks Rise Slightly

MHCV values went up 1.31% today. In the stocks we track, SKY went up 3.11% and NOBH went up 1.52%. The Associated Press tells MHProNews that U.S. stock indexes are drifting mostly lower, pulling the Dow Jones industrial average slightly below its latest all-time high. The Dow fell 10 points, or 0.1 percent, to close […]...

26 Feb 2015

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Building Manufactured Housing Image via Video Interviews

Building Manufactured Housing Image via Video Interviews

ManufacturedHomeLivingNews.com – our  public-focused, sister site – has been lighting up with a growing number of video interviews. Consumer and industry traffic has been growing in the wake of those videos. You saw prevously the Bill Matchneer interview, a powerful perspective from a former federal official. That interview is drawing...

26 Feb 2015

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Killam Properties, Inc. (KMP) to Issue Dividend of C$0.04

Killam Properties, Inc. (KMP) to Issue Dividend of C$0.04

Killam Properties (TSE:KMP), based in Halifax, Nova Scotia, announced a dividend on Tuesday, February 17, Dakota Financial News reports. Investors of record on Friday, February 27 will be paid a dividend of 0.0402 per share on Monday, March 16. The ex-dividend date is Wednesday, February 25. A number of analysts have recently weighed in on KMP s...

26 Feb 2015

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Featured Articles and Reports - February 2015 Vol. 6 No. 5

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The Hijaab and Manufactured Housing

The Hijaab and Manufactured Housing

by Nadeen Green, JD Here is a letter from a reader and my professional reply that every manufactured home professional who deals with the public should carefully consider. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Top Ten Myths Regarding Mobile Home Park Insurance

Top Ten Myths Regarding Mobile Home Park Insurance

by Kurt Kelley, JD Here is my top ten list for questions on manufactured home communities – aka 'mobile home parks.' NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Architectural Compatibility…Whose Responsibility Is It?

Architectural Compatibility…Whose Responsibility Is It?

by Jess Maxcy Recently I have spent considerable time with homeowner associations and local governments concerned with ensuring architectural compatibility in their neighborhoods. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Game Changer Home for this Industry

Game Changer Home for this Industry

by Steve Lefler The share of 25 to 29 year olds who are married has plunged by nearly 48 percent for men and 43 percent for women since 1970. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Marketing and Selling More Manufactured Homes; Lessons Learned at the 2015 …

Marketing and Selling More Manufactured Homes; Lessons Learned at the 2015 Louisville MH Show

by Ted Gross Tony, I just wanted to let you know how much our associates at Continental Communities enjoyed the 2015 Louisville Show. Someone from our company has attended the show... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Manufactured Home Community Operator's Thoughts on Louisville Show and Sup…

Manufactured Home Community Operator's Thoughts on Louisville Show  and Super Charged Marketing

by Tom Fath Tony, Great job at the Louisville show!  I believe your spark is just what the industry is needing!  This was my first Louisville Manufactured Home show, and I... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

The Fork in the Road

The Fork in the Road

by Bob Vahsholtz In 1960 this 360 square foot mobile home was delivered and set up, excluding the step, for a retail price of $3,900. A bargain? Nope. In today’s money,... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Open Letter to the Manufactured Housing Industry

Open Letter to the Manufactured Housing Industry

by Stacey Epperson Next Step commends industry efforts as we take a major leap forward in providing better homes with more energy efficiency for those who need it most. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Growth Results from Good Planning and Execution! Looking back Louisville;…

Growth Results from Good Planning and Execution!   Looking back Louisville; Looking ahead to 2015 Tunica Manufactured Housing Show

by L. A. 'Tony' Kovach Do you want to grow in 2015? Some would say that is obvious. Is there a clear path for solid growth? We say yes, but more... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

An Example of Putting the Bickering Aside for Industry Advancement

An Example of Putting the Bickering Aside for Industry Advancement

by Maria Horton Upon my return home to Southern California where the weather was 81 degrees, it was reminiscent of the warmth and many hugs that I once again experienced in... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Reflections on Associations and Louisville

Reflections on Associations and Louisville

by Tyler Craddock State association executives are an interesting and unique lot. I know. I am one. In some ways, we are unlike any other group in the factory-built housing family. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

MH Maligned as Firetraps

MH Maligned as Firetraps

by Sandra Lane There is a lot of misinformation going around about fire safety in manufactured homes. Last week, WCYB, a television station in Bristol, Virginia, covered a story about a... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

A Cup of Coffee with…Dee Pizer

A Cup of Coffee with…Dee Pizer

1) Who, What and Where: (Your name and your formal title at Zeman Homes and Neighborhoods). Debra Pizer, Chief Executive Officer at Zeman Homes & Neighborhoods.  Everyone calls me Dee. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Why and how companies waste money on employee development

Why and how companies waste money on employee development

by Tim Connor, CSP Many organizations budget and plan for their coming year employee training during the month of January. NSP_READMORE

MANAGEMENT

ZigOn Manners

ZigOn Manners

by Zig Ziglar As youngsters, my mother taught her children that while we might not be the smartest people around, we could be courteous, polite and considerate of others. NSP_READMORE

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Would you rather have more time or money? And the winner is?

Would you rather have more time or money? And the winner is?

by Tim Connor, CSP Let me ask you a simple question . . . at first glance you might not think it’s that simple but here it is anyway – if... NSP_READMORE

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Are you selling by the numbers only?

Are you selling by the numbers only?

by Tim Connor, CSP For years, sales managers and sales trainers have been saying that sales is a ‘numbers’ game. NSP_READMORE

SALES

Upcoming Events

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MHLIVINGNEWS.COM FEATURED HOME OF THE WEEK

Classifieds

Press Releases

FREE Educational Seminars Are Scheduled …

FREE Educational Seminars Are Scheduled for the  2015 Tunica Manufactured Housing Show!

These seminars were a major HIT at the 2015 Louisville Manufactured Housing Show. MHPros from Coast to Coast and Canada came... ...they praised the practical information for their businesses. We expanded seminar room space 30%, and still filled it! Come see why... Wednesday March 25th, 2015 Wednesday 8:30 AM to 9:45 AM. Lisa Tyler from Walden University and other MH Experts will be speaking on reasons why Realtors ®, investors, MH veterans and other housing professionals should be joining the ranks of profitably advancing America's most affordable new home construction. Opportunities in Modern MH. This will be a fast paced panel presentation, with Q&A planned. Wednesday 10 AM – 11 AM. Super-Charged Marketing! Dominate your area with savvy Marketing! Learn how to sell more homes and how MHCs can fill more vacant sites. Attract more customers with cash and good credit....

the MHMSM Team 25 Jan 2015 Corporate Press Releases

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Bill Matchneer, Dick Jennison and Ron Th…

Bill Matchneer, Dick Jennison and Ron Thomas Sr. to address Louisville Show attendees

MHProNews  has confirmed that attorney Bill Matchneer, previously with HUD and the CFPB, will be addressing the attendees of the Louisville Manufactured Housing Show. So too will Richard "Dick" Jennison, MHI's current President and CEO. MH community and street retail Hall of Famer, Ron Thomas, Sr. - who is also the Midwest Manufactured Housing Federation (MMHF) Chairman - will speak on financing and MH growth related topics, rounding out what promises to be a faced paced opening hour to the seminars on Wednesday morning. The doors will open at 8:15 AM on Wednesday at the seminar room so MH Industry professionals can network with peers and colleagues. The session featuring these three industry leaders will begin at 8:45 AM sharp. They will be introduced by one or more of the executive...

the MHMSM Team 12 Jan 2015 Corporate Press Releases

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Fairmont residents purchase community

Fairmont residents purchase community

Download pdf Fairmont residents purchase community

the MHMSM Team 11 Jan 2015 Corporate Press Releases

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Tunica manufactured home show 2015 updat…

Tunica manufactured home show 2015 update

Introducing… A Phoenix Rises Is widely considered the “premiere” show of the year… Is a unique show that totally sets it apart from all others… Is so distinctive that retailers will never see the same product at other shows… Is such an inclusive show for the south east region that it has appeal for virtually everyone who attends… Encompasses all levels of affordability, from HUD homes to spectacular system-built housing… One would have to be awfully shortsighted to fail to see that our show could present an enormous marketing opportunity. And one would have to look far and wide to find another event with the pizzazz, panache, and prestige of such a show. That’s because it doesn’t exist. But this one does. You already know it. It’s called The Tunica Manufactured Housing Show. This show possesses every one...

the MHMSM Team 11 Jan 2015 Corporate Press Releases

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2015 Louisville Manufactured Housing Sho…

2015 Louisville Manufactured Housing Show New-Year Updates!

If you are a manufactured housing pro, you can't do better than starting 2015 out right by attending all 2 ½ days of the Louisville Manufactured Housing Show! Here is the brochure link with the latest updates. The full brochure can be downloaded from this link here. See you in Louisville! ##

the MHMSM Team 02 Jan 2015 Corporate Press Releases

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Gala New Years Eve Celebration to Benefi…

Gala New Years Eve Celebration to Benefit RV/MH Hall of Fame

ELKHART, Ind., -- Jeff White, vice president of operations for the RV/MH Hall of Fame and the Northern Indiana Event Center, invites everyone to celebrate the new year at a festive 2014 New Years Eve Celebration at the Northern Indiana Event Center in Elkhart onWednesday, December 31. The upscale casual party begins at 7:30 p.m., with live dance music performed by the popular local band, Mulligan's Island.  A DJ, photo booth and a the live broadcast from Times Square for the ball drop are also being provided by D&T Productions.. The bill of fare includes appetizers, an Italian-style buffet, dessert, late night snacks and a champagne toast at midnight, all prepared by locally owned Rulli's Italian Restaurant.  White said, "We'll even accommodate party-goers who have special dietary requests such as gluten free, vegetarian or other...

the MHMSM Team 16 Dec 2014 Corporate Press Releases

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