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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

Nasdaq Advances 2.40 percent; No Manufactured Housing Stocks Fall

Nasdaq Advances 2.40 percent; No Manufactured Housing Stocks Fall

All tracked MH stocks gained or remained unchanged in today’s trading, as solid earnings reports from major firms extinguished much of the pain of October’s stock slide, with the Nasdaq moving up 2.40 percent, followed by solid rises in the Dow and S&P. Dow 16,614.81 +215.14 (+1.31%). Nasdaq 4,419.48 +103.41 (+2.40%). S&P 500...

21 Oct 2014

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Overall Housing Starts hit the Million Mark again

Overall Housing Starts hit the Million Mark again

In September, marking the third time this year, total housing starts hit the far side of the million mark, advancing 6.3 percent to a seasonally annual adjusted rate (SAAR) of 1.017 million, according to numbers released by the Census Bureau and the U. S. Dept. of Housing and Urban Development (HUD). Overall, loansafe  tells MHProNews  that [&...

21 Oct 2014

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Off Grid Tiny Modular Home Transports Readily

Off Grid Tiny Modular Home Transports Readily

Students at Green Mountain College in Vermont, guided by Professor Lucas Brown, began working on tiny homes several years ago and have now developed OTIS—Optimal Traveling Independent Space—70 square feet of modular living space, easily suitable for one, that fits on a 5′ X 8′ utility trailer and can be towed by a large four-cylinder [&...

21 Oct 2014

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Patrick Industries to Disclose Q3 Financial Report

Patrick Industries to Disclose Q3 Financial Report

Elkhart, Indiana-based Patrick Industries, Inc. will release its third quarter 2014 financials prior to the opening of the market on Thurs., Oct. 30, followed by a conference call at 10 AM eastern time that same morning. The call will be hosted by president and CEO Todd Cleveland and CFO Andy Nemeth, and the Q & […]...

21 Oct 2014

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The CFPB did not Extinguish Loan Fraud

The CFPB did not Extinguish Loan Fraud

Calling mortgage loan fraud virtually a cottage industry during the housing feeding frenzy that lead to the Great Recession, that practice did not end with the sudden creation of the Consumer Financial Protection Bureau (CFPB), Pat Dalrymple tells MHProNews. Big money on the table can draw a conspiracy of mortgage broker, appraiser, title company...

20 Oct 2014

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Funding offered in Florida to train Potential MH Construction Workers

Funding offered in Florida to train Potential MH Construction Workers

A $10 million contract will be shared by several Florida colleges to provide training and education for the manufactured and modular housing industries, according to a report to MHProNews from sfcollege.edu. In a partnership with Santa Fe College, Polk and Seminole State Colleges, Miami Dade College Kendall Campus will serve as the lead fiscal...

20 Oct 2014

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Tracked MH Stocks rebound, Gain or Remain Even

Tracked MH Stocks rebound, Gain or Remain Even

Although the Ebola crisis is tamping down the stock market, while the Dow slipped, the Nasdaq and S&P 500 managed gains, as calm has seemingly returned to the recently volatile Big Board.   Dow 16,348.91 -31.5 (-0.19%). Nasdaq 4,316.07 +57.63 (+1.35%). S&P 500 1,894.52 +7.76 (+0.41%). The Yahoo! Finance Manufactured Housing Composite...

20 Oct 2014

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SearchCore gets Thumbs Up from Merriman

SearchCore gets Thumbs Up from Merriman

Operating its manufactured home retail centers through Wisdom Homes of America, Inc., SearchCore touts that Merriman Capital, Inc. issued a research report update on their company. OTCmarkets tells MHProNews  that Merriman maintained their speculative buy rating on SearchCore with a target price of $0.30 based on the company’s sales and ...

20 Oct 2014

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Manufactured Home Community owners-managers note – Eviction Notice could Di…

Manufactured Home Community owners-managers note – Eviction Notice could Dissolve without Prompt Action

Iowa Code 648-18 peaceable possession law can lead to the loss of ability to evict a resident from your manufactured home property if not done quickly enough, according to what the Iowa Manufactured Housing Association  (IMHA) tells MHProNews. If a landlord allows a resident to remain in/on rented property for 30 days or more after […]...

20 Oct 2014

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On-site Attached Garages Raises HUD Flag

On-site Attached Garages Raises HUD Flag

The Department of Housing and Urban Development (HUD) expressed concern to the manufactured housing industry that some on-site attached garages may violate compliance with the federal construction standards and regulations if completed when the home is finished. The Oklahoma Industry Insight  from the Manufactured Housing Association of Oklahoma ...

20 Oct 2014

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Top Ten for Manufactured Home Living News

Top Ten for Manufactured Home Living News

The number 1 source for visitors, per Webalizer, on the new Manufactured Home Living News are from the U.S.. That should be obvious, but what makes up the next 10? The pace of traffic on the site is accelerating.  With over a million visits – and millions more ‘hits’ (or page views) – in the […]...

19 Oct 2014

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Featured Articles and Reports - October 2014 Vol. 6 No. 1

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Green Home Marketing is a Challenge

Green Home Marketing is a Challenge

by Steven Lefler I do not know about you, but I find marketing green homes to be a challenge. The public reads or watches TV shows about these unique homes and... Read more

MARKETING

An analysis of Norm Schultz - We need the horsepower of the RV industry

An analysis of Norm Schultz - We need the horsepower of the RV industry

by L. A. “Tony” Kovach One of our industry friends sent in the article that follows below, with this single line message above their signature/contact info: “Everyone thinks an image campaign... Read more

MARKETING

Get Business Exposure With Facebook Ads for Cheap

Get Business Exposure With Facebook Ads for Cheap

facebook adsIf you are like most business owners, you're constantly on the lookout for effective, low-cost ways to get maximum exposure for your business. Whether you are look for more... Read more

MARKETING

What does it take to Change Minds?

What does it take to Change Minds?

by L. A. “Tony” Kovach The headline is a question every manufactured housing (MH) professional worth her or his salt should ask regularly! How does one change a mind? Why is this... Read more

MARKETING

Why the “ICE BUCKET CHALLENGE” Wasn’t ‘Trademarked’

Why the “ICE BUCKET CHALLENGE” Wasn’t ‘Trademarked’

by David Baker, JD Have you taken the ALS “Ice Bucket Challenge”? If not, you may be one of the few Americans left who wasn’t caught up in the remarkably successful... Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

“Hello, this call is a …”

“Hello, this call is a …”

by Nadeen Green, JD What? A sales pitch? A political robo-call? Somebody calling to ask you to donate money (again!)? A TDD call? Say what? A TDD call? What is that? Read more

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

A Doctoral Dissertation on Manufactured Housing and why it matters to the I…

A Doctoral Dissertation on Manufactured Housing and why it matters to the Industry

by Lisa Tyler The doctorate journey is a cycle of processes that is often misunderstood. The designation of “doctoral candidate” signifies the completion of post-graduate coursework and focus on completing the... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

News of the New

News of the New

by Bob Vahsholtz New fangled news media can befuddle old timers like me, but fresh, crisp and honest? Wow, what’s not to like! I’m spending more time on Tony’s sites than... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Manufactured Housing Industry - Phoenix Rising!

Manufactured Housing Industry - Phoenix Rising!

by Dennis Hill You don't have to look far for signs that manufactured housing (MH) is continuing the recovery since hitting bottom in 2009. I recall Ron Thomas, Sr. saying that... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

The Manufactured Housing Institute (MHI) Holds their 78th Annual Meeting

The Manufactured Housing Institute (MHI) Holds their 78th Annual Meeting

by MHI Staff MHI held its 78th Annual Meeting in Scottsdale, Arizona with 143 members and guests in attendance.  The event was on September 14-16th, at the Westin Kierland Resort & Spa,... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Manufactured Housing Professionals News – MHProNews - 5th Anniversary Cele…

Manufactured Housing Professionals News – MHProNews - 5th Anniversary  Celebration, Kudos and Quotable Quotes!

by Manufactured Housing Industry Leaders Thousands of manufactured and modular home professionals recall the days of the MH Merchandiser and other now defunct trade magazines; but thousands more have never known... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Quotes from Manufactured Housing Industry Leaders and A Cup of Coffee with.…

Quotes from Manufactured Housing Industry Leaders and A Cup of Coffee with...

by L. A. “Tony” Kovach Some of the most popular articles we have every month are from our periodic interview with manufactured housing industry leaders. “A Cup of Coffee with...”... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Marty Lavin's Comparison – The Merchandiser Magazine vs. MHProNews

Marty Lavin's Comparison – The Merchandiser Magazine vs. MHProNews

by Marty Lavin, JD Editor's Note: For those who know Marty Lavin, you know the man has a long, storied and successful career in manufactured housing retail, finance and communities. Marty's... Read more

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Remember - It all started with a Mouse!

Remember - It all started with a Mouse!

by L. A. “Tony” Kovach “I only hope that we never lose sight of one thing — that it was all started by a mouse.” - Walt Disney. Disney's legendary creativity and vision lead him to do... Read more

MANAGEMENT

The best day of your life

The best day of your life

by Tim Connor, CSP Too often we get stuck in the negatives in life and fail to remember those special days, events or weeks and even years that bring a smile... Read more

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

ZigOn Cheating

ZigOn Cheating

by Zig Ziglar With schools welcoming children back from the summer break, the following message is particularly timely. The good news is that whatever we have learned we can also unlearn... Read more

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

An Alternate Approach to The High Cost Of Low Volume Sales, or Why Doing M…

An Alternate Approach to The High Cost Of Low Volume Sales, or  Why Doing Manufactured Housing Correctly Pays

by Ron D'Ambra After reading Tony's article on this subject, I was prompted to recall my retail experience, which would forever change my attitude towards a "retailer," and his or her... Read more

SALES

Upcoming Events

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MHLIVINGNEWS.COM FEATURED HOME OF THE WEEK

Classifieds

Press Releases

ROC USA® Network Welcomes MH Industry Ve…

ROC USA® Network Welcomes MH Industry Veteran  As new National Acquisitions & Portfolio Manager

CONCORD, N.H. — Jason Carter has joined the management team at ROC USA Network as National Acquisitions and Portfolio Manager. He begins his new role Nov. 3. Carter’s primary focus is to identify MH community owners interested in selling their communities to their residents and, with ROC USA Network affiliates across the country, execute on resident purchases. ROC USA Network Director Mary O’Hara said Carter’s years of experience with MH manufacturing, sales, community operations and development will be a significant benefit to ROC USA’s affiliates and clients. His appreciation for manufactured housing as affordable housing and his understanding of what it takes to own and operate a community are critical in today’s marketplace, she said. “ROC USA Network has established a proven track record over the last six years, achieving a level...

Soheyla Kovach 16 Oct 2014 Corporate Press Releases

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RV/MH Heritage Foundation Unveils New $1…

RV/MH Heritage Foundation Unveils New $1 Million Campaign Exclusively for the Manufactured Housing Industry

SCOTTSDALE, Ariz., - Darryl Searer, chairman and president of the RV/MH Hall of Fame (Hall) and Barry Cole, president of MH Insurance Services and past chairman of the Hall, spoke to a group of manufactured housing (MH) executives at the Manufactured Housing Institute's 78th Annual Meeting on September 15th  at the Westin  Resort  in Scottsdale, Arizona.  They unveiled a new five-year fundraiser especially for the MH industry designed to help theHall retire its debt. After updating the MH leaders of the Hall's current financial position, Searer urged the attendees to help the Hall retire its debt by pledging their support for the campaign. Explaining to the group that the Hall's debt was a result of unfulfilled pledges Mr. Cole commented, "In 2007 our idea was to construct a great legacy building that would include an event center, library and museum with unique...

L.A. Tony Kovach 03 Oct 2014 Corporate Press Releases

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2015 Louisville Manufactured Housing Sho…

2015 Louisville Manufactured Housing Show is filling up fast and early!

Attendees, mark your calanders now, pre-registration will open on October 1, 2014. Exhibitors, Reserve your space now.  See download linked here.

the MHMSM Team 02 Sep 2014 Corporate Press Releases

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RV/MH Heritage Foundation Inducts the Cl…

RV/MH Heritage Foundation Inducts the Class of 2014 into RV/MH Hall of Fame

(Back row l-r) Thomas "Tom" L. Kern, Style Crest Enterprises; Ed Evans, EPM; Gary McDaniel, YES! Communities ; Richard "Dick" King, King Insurance (second row row l-r) Barry Cole, Manufactured Housing Insurance Services; Bob Livingston, Good Sam; John D Roba, Roba and Associates (front row l-r) Mrs. James F Shields. accepting on behalf of her husband,James F Shields (deceased), Pan Pacific RV Centers; Debbie Brunoforte, Little Dealer, Little Prices and Peter B Orthwein, Thor Industries. ELKHART, Ind., August 5. 2014 -- The Class of 2014 was inducted into the RV/MH Hall of Fame (Hall) last night in Elkhart, Indiana, in a gala ceremony before a record breaking crowd of more than 440 family members, friends, and colleagues from across the country. The Class of 2014 includes: Debbie Brunoforte, Little Dealer, Little Prices;...

the MHMSM Team 05 Aug 2014 Corporate Press Releases

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Steve Lefler - Modular Lifestyles and Ne…

Steve Lefler - Modular Lifestyles and Newport Pacific – Successfully Gaining Acceptance for Super Energy Saving, Green Manufactured Homes

Learn more at the article linked here, or by calling Steve Lefler, Vice President of Modular Lifestyles, Inc., a division of Newport Pacific Family of Companies at Ph. (888) 437-4587. Email steve@modularlifestyles.com. Steve is a Dual DRE and HCD Salesperson. Advanced Green Building Professional. CEC Solar Wind Retailer/Installer. http://www.modularlifestyles.com ##

the MHMSM Team 01 Aug 2014 Corporate Press Releases

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