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Top National News

FHA Is Back in the Black — But Not Out of the Woods

The Federal Housing Administration (FHA) has notified Capitol Hill lawmakers that it has shored up its finances and will not need to go to the American taxpayers for additional assistance. According to housing officials, the agency had nearly $40 billion on hand as of the end of the third quarter, including $4.8 billion in cash reserves. However, it is not completely out of jeopardy. By law, the FHA is required to maintain a cash cushion equivalent to 2 percent of all the loans backed by the agency. The $4.8 billion cushion announced Monday to Congress equals only 0.41 percent. The FHA has not reached the required 2 percent level since 2009, and a recent audit projects that it will not hit that target until 2016.

From "FHA Is Back in the Black — But Not Out of the Woods" 
Washington Post (11/18/14) P. A15 ElBoghdady, Dina

HUD Secretary Says Housing Finance Reform Remains a Top Priority for the Obama Administration

In a Nov. 17th interview with Bloomberg Television, HUD Secretary Julian Castro said the Obama administration will continue to work for the remainder of its term on a revamp of the U.S. mortgage finance system. "Introducing more private capital into the market and taking the taxpayers off the hook if we ever do experience what we just went through as part of the housing crisis in 2007, 2008, 2009, that is a priority [for] this administration and for HUD," he declared. Castro recommended that the next Congress consider legislation to phase out Fannie Mae and Freddie Mac. Although two Senate bills won committee approval in the spring, little more has been done on this front since then. "This could be, I believe, a good victory either in the lame-duck session or, more realistically, perhaps in the next term of Congress where there is bipartisan support for housing finance reform, for doing away with Fannie and Freddie as we've known them, creating a backstop," the HUD official stated.

From "HUD Secretary Says Housing Finance Reform Remains a Top Priority for the Obama Administration" 
The Hill (11/17/14) Needham, Vicki

Home Affordability Fell Slightly in the Third Quarter

The median U.S. home price jumped to $221,000 in the third quarter, which the National Association of Home Builders said drove housing affordability down a bit. Based on the NAHB/Wells Fargo Housing Opportunity Index, 61.8 percent of new and resale properties were within financial reach of households earning the national median income of $63,900. The reading is down from 62.6 percent for the second quarter, but NAHB chief economist David Crowe projects that affordability will improve again in 2015 as a result of increased employment and wages, continued favorable interest rates, and built-up demand. The most affordable major housing market for the third quarter was Youngstown-Warren-Boardman, OH-PA, which was joined by Syracuse, NY; Indianapolis-Carmel, IN; Harrisburg-Carlisle, PA; and Dayton, OH. The least affordable major housing markets in the nation, led by San Francisco-San Mateo-Redwood City, were clustered in California, with New York-White Plains-Wayne, NY-NJ, rounding out the top five.

From "Home Affordability Fell Slightly in the Third Quarter" 
The Hill (11/13/14) Needham, Vicki

Housing, Construction Advocates Score in Midterms

Pro-housing groups such as the National Association of Realtors and the National Association of Home Builders counted many victories in the recent mid-term elections. Eleven of 13 U.S. House and Senate candidates backed by NAR won their races, and 77 percent of the so-called Realtor Party's candidates were successful in local and state contests. NAR made more than $10 million in independent expenditures in this election cycle -- mostly in support of Republican incumbents -- up from $3.6 million in 2012. Continued home buyer access to the mortgage interest deduction and to FHA-backed mortgages are key issues for the organization. At this time, NAR also opposes a shutdown of Fannie Mae and Freddie Mac. NAHB -- which forked out more than $2.4 million to support 371 candidates running for the House and Senate -- sees housing finance reform, credit availability, construction labor shortage and regulatory policies as hot-button issues.

From "Housing, Construction Advocates Score in Midterms" 
Construction Dive (11/10/14) O'Malley, Sharon

Industry News


Modular Bradenton Senior Care Facility Could Be Model for Industry in U.S.

Champion Homes produced the 40 or so modular units that were stacked together to create Comfort Cove Senior Care in Bradenton, FL, which is in the finishing stages. The project is hailed by developer BSV Holdings as the first facility of its kind in the nation and a potential model for quickly meeting the needs of a graying population. The estimated start-to-finish time for Comfort Cove is about seven months, at least two months ahead of the timetable for a comparable stick-built facility. "If you need a project built in a timely fashion, why wouldn't you use modular?" asks BSV Chairman Brent Crego, who expects the 28-bed elder care home to be completely full by the middle of next year. He notes that the company's approach will prove popular due not only to the abbreviated construction schedule but also the build quality and the ability to re-scale the size of the project as needed. BSV has plans to build more than a dozen modular senior care facilities across Florida. It will own and operate the properties but also will offer a "turnkey" version for sale to other investors.

From "Modular Bradenton Senior Care Facility Could Be Model for Industry in U.S." 
Bradenton Herald (FL) (11/15/14) Johnson, Matt M.

Manufactured Housing Donations Kickstart Hall Debt Elimination Effort

With Clayton Homes President and CEO Kevin Clayton leading the charge, manufactured housing industry insiders are digging into their own pockets in an effort to help the RV/MH Hall of Fame eliminate $2.4 million in debt. In a nod to Clayton's annual commitment of $40,000 for five years, the fundraising campaign is flying under the banner of the Kevin Clayton Debt Elimination Program. Other big contributors so far include Cavco Industries' Joe Stegmayer and Gary McDaniel of YES! Communities. "We want to encourage other people in manufactured housing to step up and add their support to the debt elimination plan," said Hall of Fame President Darryl Searer. Once the Hall of Fame has wiped out its debt, it can break ground on a planned 5,000-square-foot manufactured housing museum just east of the facility, similar to the existing recreational vehicle museum already contained within the building.

From "Manufactured Housing Donations Kickstart Hall Debt Elimination Effort" 
Elkhart Truth Online (11/10/14) Parrott, Jeff

3 Phoenix Businesses Make 'Forbes' Best Small Companies List

Cavco Industries, a maker of factory-built homes, was included in Forbes magazine's recent compilation of "America's Best Small Companies 2014." The Phoenix-based company ranked high on the list, coming in at No. 13. It earned $539 million for the 12 months ended Oct. 1 and has increased its earnings per share by 88 percent over the last five years.

From "3 Phoenix Businesses Make 'Forbes' Best Small Companies List" 
Phoenix Business Journal (11/10/14) Brown, Brandon

Carefree Communities Becomes the Nation's Fifth Largest Manufactured Home and RV Community Owner With Acquisition of Vedder Communities in California

Carefree Communities Inc. is now the fifth-biggest owner of manufactured home and RV parks in the country, as a result of its recent purchase of Vedder Communities. The addition of Vedder's 18 properties with 4,530 home sites in California increases Carefree's holdings to 101 communities and more than 27,000 sites across North America. "The Vedder portfolio is widely considered to be the best privately owned manufactured home community portfolio in California and one of the best in the country," said David Napp, CEO of Scottsdale, Ariz.-based Carefree. "This is an important strategic acquisition for Carefree, as we look to continue to grow our company in highly sought after retirement and vacation destinations in coastal markets." Three of the Vedder assets have earned Community of the Year recognition from the Manufactured Housing Institute.

From "Carefree Communities Becomes the Nation's Fifth Largest Manufactured Home and RV Community Owner With Acquisition of Vedder Communities in California" 
IT Business Net (11/10/14)

Oil and Gas Industry Helps Drive Increasing Housing Demands

Wisdom Homes of America is stepping up to meet the growing demand for housing in Tyler, Texas, whose population expands by more than 3,000 residents annually. The city has benefited from the booming oil and gas industry, which has prompted many workers to relocate to the area with their employers. While man-camps have popped up previously as a solution for the high housing demand, Wisdom Homes is offering an alternative. Its latest project involves 15 homes on a 12-acre lot in Tyler -- the latest development under its plan to bring 200 houses to East Texas by next year. According to Wisdom Homes President Brent Nelms, the company's homes are about 1,200 to 2,600 square feet in size and run between $40,000 and $100,000 in price.

From "Oil and Gas Industry Helps Drive Increasing Housing Demands" 
KETK NBC (Texas) (11/03/14) Chapman, Kristen

Cavco Industries (CVCO) Announces Quarterly Earnings Results, Meets Expectations

Manufactured home builder Cavco Industries posted its latest quarterly financial results, which met or exceeded consensus estimates. With $139.30 million in revenue for the three months, the company outperformed projections of $136.40 million. It also reported quarterly earnings per share (EPS) of $0.61, topping EPS of $0.50 a year earlier and matching the current estimate.

From "Cavco Industries (CVCO) Announces Quarterly Earnings Results, Meets Expectations" 
WKRB-TV (10/30/14) Barnet, Seth

Equity LifeStyle Beats Analysts Estimates

Equity LifeStyle Properties, an owner of manufactured home communities, posted better-than-anticipated financial results for its third quarter. The Chicago firm reported $63.1 million, or 69 cents a share, in funds from operations, topping analysts' expectations of 66 cents per share.

From "Equity LifeStyle Beats Analysts Estimates" 
Chicago Business (10/21/2014)

California Investor Buys Tulsa-Area Manufactured Home Community

California-based Park Street Partners has acquired its third manufactured home community in Oklahoma. Founding partner Jefferson Lilly said Park Street will change the name of the property to Tulsa Estates and fill its vacant pads with about 20 newer homes. "Our goal is to help deserving families get out of the game of paying rent forever in apartments, and into affordable housing they’ll actually own,” he remarked, noting that a three-bedroom manufactured home in Tulsa Estates will rent-to-own for just $600 per month compared to $844 per month for a typical three-bedroom apartment locally. Park Street Partners, a private equity firm, already owns Noble Estates in Slaughterville and Tuttle Estates in Tuttle, and it also has a fourth property under contract.

From "California Investor Buys Tulsa-Area Manufactured Home Community" 
Oklahoman (11/06/14)

Daily Business News Briefs

County Commission Tackles Tiny Homes

County Commission Tackles Tiny Homes

In Walker County, Georgia last week, the County Planning Commission took on a big task… how to regulate “tiny homes.” According to the Times Free Press, during a work session, the commission settled on some rules – a tiny home in Walker County should be no bigger than 500 square feet, it should sit on […]...

23 Mar 2017

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Nation Seeks Affordable Housing Solutions, Looks to Modular

Nation Seeks Affordable Housing Solutions, Looks to Modular

In its search for affordable housing solutions, representatives from the island of Borneo, which includes the nations of Brunei, Malaysia, and Indonesia, arrived in China this week to discuss potential options. According to Borneo Today, a delegation from the Ministry of Housing and Urbanization, and Sarawak Housing and Real Estate Developers’ A...

22 Mar 2017

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UMH Rises, Manufactured Housing CV Down, Broader Markets Mixed

UMH Rises, Manufactured Housing CV Down, Broader Markets Mixed

Noteworthy headlines on – CNNMoney – Terror alert: Central London on lockdown. AT&T, Verizon halt Google ads over extremist videos. Sears has “substantial doubt” that it can survive. Starbucks to add 240,000 jobs worldwide by 2021. Some bullets from Fox Business – Surveillance findings raise concern about spying on Trump Campaign: Nunes....

22 Mar 2017

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Town Battle for Modular Inclusion

Town Battle for Modular Inclusion

In the town of Independence, Louisiana, an intense battle has been brewing around allowing modular homes within town limits. According to The Daily Star, Independence Mayor Angelo Mannino asked the town board last month to consider allowing modular, saying many young couples have asked to live in the homes in town. And residents opposed to...

22 Mar 2017

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Vandalism Affects Manufactured Home Community

Vandalism Affects Manufactured Home Community

When vandalism hits, it’s never good. But when it affects a vital system, it can be extremely dangerous. According to TribLive, in Hempfield Township, Pennsylvania, residents at the Pine View Manor Mobile Home Park are now dealing with a tainted water supply due to an unknown substance being dumped into a water tower that serves […]...

22 Mar 2017

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Frank Rolfe–Manufactured Home Communities, Prospective HomeOwners Win with …

Frank Rolfe–Manufactured Home Communities, Prospective HomeOwners Win with Trump

Manufactured home community sector maverick, Frank Rolfe, has sounded off in a recent commentary, breaking down the reasons that manufactured home community owners, and prospective home buyers, win with the Administration of President Donald Trump. According the NuWire, Rolfe had plenty to say. “Whether you are Democrat or Republican, there is no q...

22 Mar 2017

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The Heat is On – Pressure Mounts on CFPB

The Heat is On – Pressure Mounts on CFPB

As the Daily Business News has covered recently, the saga of the Consumer Financial Protection Bureau (CFPB), and its embattled director Richard Cordray, has been one for the record books. Last Friday, the Trump Administration doubled down. According to USA Today, the Administration officially joined a legal challenge aimed at sharply reducing the...

21 Mar 2017

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LCI Down, Manufactured Housing CV, Broader Markets Hit Hard

LCI Down, Manufactured Housing CV, Broader Markets Hit Hard

Noteworthy headlines on – CNNMoney – Dow slides nearly 240 as fear returns to market. 8 things to know about the airline electronics ban. Twitter suspends 377K accounts for pro-terrorism content. U.K. follows U.S. on electronics ban on some flights. Some bullets from Fox Business – Billions pour into Permian Oilfield amid land grab. Lockheed...

21 Mar 2017

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Factory Build Smart Homes – With a Twist?

Factory Build Smart Homes – With a Twist?

In Dubai, United Arab Emirates (UAE), a technology company claims to be in the process of doing something that’s being called “revolutionary.” According to the Khaleej Times, Technology Company KEF Holdings expects to make their debut in the UAE in under a year, with a 40,000 square metres (131,000 square feet), fully automated, integrated offsite...

21 Mar 2017

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“Otter-ly” Surprised by New Residents

“Otter-ly” Surprised by New Residents

In Lakeport, California, residents of three different manufactured home communities were evacuated due to intense rain and flooding. After years of back-to-back fires, many residents feel pretty lucky that there was only minor damage. And the residents of the Lucky Four Resort even got new neighbors after being away. According to the Record-Bee,...

21 Mar 2017

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Nobility Homes Reports Q1 2017 Results

Nobility Homes Reports Q1 2017 Results

Nobility Homes, Inc. (OTCQX: NOBH) has announced their Q1 2017 sales results. The company reports sales increased 16 percent to $8,573,400, as compared to $7,374,050 recorded in first quarter 2016. Income from operations for first quarter 2017 was $1,056,477 versus $975,741 in the same period last year. Net income after taxes was $703,323, as...

21 Mar 2017

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New Sponsors

Featured Articles and Reports - March 2017 Vol. 8 No. 6

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MH Dealer Bill Passes House – What Does it Mean?

MH Dealer Bill Passes House – What Does it Mean?

by RC Williams In the great state of Indiana, a bill recently passed in the state house regarding manufactured housing dealerships that has a rather interesting twist. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Ben Carson Confirmed as HUD Secretary, MHI and MHARR Commentary

Ben Carson Confirmed as HUD Secretary, MHI and MHARR Commentary

by RC Williams The Senate, in a 58-41 vote Thursday, has confirmed Dr. Ben Carson to be the next Secretary of the U.S. Department of Housing and Urban Development... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

DÉJÀ VU AGAIN? A New Manufactured Housing Institute (MHI) Initiative

DÉJÀ VU AGAIN? A New Manufactured Housing Institute (MHI) Initiative

by Marty Lavin, JD.  New Study I like to say to myself “If you live long enough, you’ll see it all.”  NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

The Report, Warren Buffett, Kevin Clayton and Clayton Homes

The Report, Warren Buffett, Kevin Clayton and Clayton Homes

by RC Williams When the “Oracle of Omaha” speaks, people listen. NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Federal Data Spotlights Manufactured Home Industry Quality, Regulatory Ques…

Federal Data Spotlights Manufactured Home Industry Quality, Regulatory Questions

by Soheyla Kovach WASHINGTON, D.C. – With over 81,100 manufactured homes built last year, more than 99.99 percent of all manufactured home buyers had service issues satisfied through normal channels... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Service Animals, Fair Housing, and You

Service Animals, Fair Housing, and You

by Nadeen Green, JD For those of us who teach and write about fair housing, we have come to learn that the topic of service animals is the one... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Richard Jennison, Manufactured Housing Institute, Worth Millions to MH Indu…

Richard Jennison, Manufactured Housing Institute, Worth Millions to MH Industry? Facts from MHI Report

L. A. ‘Tony’ Kovach The Manufactured Housing Institute, and its president and CEO, Richard A. Jennison, are required as a tax-exempt organization to keep and file certain records.  One... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

New NAR Report Points To Manufactured Housing Opportunities

New NAR Report Points To Manufactured Housing Opportunities

by L. A. ‘Tony’ Kovach “When the National Association of Realtors chief economist says there are more buyers than existing homes available on the market, that should be a... NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Closed | 33 Sites | Woodmont Trailer Park | Farmington Hills, Michigan

Closed | 33 Sites | Woodmont Trailer Park | Farmington Hills, Michigan

by Christopher Nortley Woodmont Trailer Park - Farmington Hills, MI NSP_READMORE

COMMUNITY MANAGEMENT & FAIR HOUSING (LEGAL)

Triad Financial Services Introduces Superior Choice Credit Union to Manufac…

Triad Financial Services Introduces Superior Choice Credit Union to Manufactured Housing Industry, Video

by Soheyla Kovach Every year for many years now, Darrell Boyd, Senior Vice President from Jacksonville, Florida based Triad Financial Services brings banks, credit unions, investors and other financial services professionals... NSP_READMORE

FINANCING

Industry Lender Announces Name Change

Industry Lender Announces Name Change

After much consideration the San Antonio Federal Credit Union (SACU)/CU Factory Built Lending (CUFBL)/Mountainside Financial is excited to announce that we are changing our name to Credit Human... NSP_READMORE

FINANCING

Industry Feedback About the Manufactured Housing Institute, Image, Industry…

Industry Feedback About the Manufactured Housing Institute, Image, Industry Hassles, and Advancement

by L. A. ‘Tony’ Kovach A very thoughtful message from a widely-known industry leader is quoted below. NSP_READMORE

FINANCING

SECURITY MORTGAGE GROUP Income Property Specialists

SECURITY MORTGAGE GROUP Income Property Specialists

byPierce Redmond ROCHESTER, N.Y. – Security Mortgage Group, a national award-winning MH Community lending broker, is pleased to have provided $30,000,000 in financing for several manufactured home communities nationwide... NSP_READMORE

FINANCING

Modular Tapped to Help City With Housing Needs

Modular Tapped to Help City With Housing Needs

by RC Williams In Belgrade, Montana, the Human Resource Development Council (HRDC) has looked to modular housing as a solution to what the organization calls “immense affordable housing needs.” NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

The Evolution of 3D Printed Homes?

The Evolution of 3D Printed Homes?

by RC Williams When it comes to 3D printed homes, companies around the world have been working to perfect the ideal system, including Beijing-based HuaShang Tengda, which printed a two-story... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Skyline Corporation Makes Executive Announcement

Skyline Corporation Makes Executive Announcement

by RC Williams Skyline Corp. (NYSE: SKY) tells MHProNews that Jeff Newport has been promoted to Chief Operating Officer. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Lost Modular Jobs Set to Return?

Lost Modular Jobs Set to Return?

by RC Williams Once known for its booming modular and manufactured home industry, Oxford, Maine has been dubbed the “Manufactured Housing Capital of New England.” NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Scam Alert! Professionals Warned

Scam Alert! Professionals Warned

by Soheyla Kovach Fox News and most mainstream media sources are urging caution to professionals and others answering cell phones and landlines from incoming calls from an “unknown caller” or... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Habits to Make or Break for a Cleaner, Healthier Home

Habits to Make or Break for a Cleaner, Healthier Home

by RC Williams It never fails. No matter how much you clean, it always seems that something comes up, spills, or gets dirt on it. NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Manufactured Home Plants May Become Tiny House Production Centers

Manufactured Home Plants May Become Tiny House Production Centers

by RC Williams In Carbon Hill, Alabama this week, the City Council heard about a possible plan from developers to use a couple of old manufactured home plant facilities... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Pending Home Sales Numbers Released

Pending Home Sales Numbers Released

by RC Williams The report is in from the National Association of Realtors (NAR). NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Zoning Changes Could Affect Manufactured Housing

Zoning Changes Could Affect Manufactured Housing

by RC Williams The Washington County, Maryland Board of Commissioners is holding a public hearing today regarding several proposed changes to the county’s zoning ordinance, including ones that affect... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

MHARR: President Trump’s Actions Offer Major Opportunity for MH Industry an…

MHARR: President Trump’s Actions Offer Major Opportunity for MH Industry and Consumers

by RC Williams Washington, D.C., February 28, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that Executive Orders issued by President Trump within the past thirty days... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

2017 Tunica Manufactured Housing Show Looms, Final Brochure, Schedule Provi…

2017 Tunica Manufactured Housing Show Looms, Final Brochure, Schedule Provided

The Largest Manufactured Housing Show in the United States The Tunica Show has more homes than any other industry event! In 2016 The Tunica Show registered retailers, builder/developers, community owners/operators,... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Business Building Tunica Show Educational Seminars

Business Building Tunica Show Educational Seminars

by Dennis Hill On Tuesday, March 28th,  at the Resorts Hotel – 2nd Floor, Magnolia Room, you can discover this year’s business building educational seminars.  Here is the lineup and... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Executive Summary – 400 Words – Manufactured Housing Industry Obstacles and…

Executive Summary – 400 Words – Manufactured Housing Industry Obstacles and Billions in Opportunities

by L. A. ‘Tony’ Kovach It could be boiled down to the 3-letter acronym at the end. Let’s first take a 400 word walk through the top obstacles and... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

Lancing the MH Industry’s Boil

Lancing the MH Industry’s Boil

by Soheyla Kovach Let’s use the analogy of a pimple, cyst, or boil.  NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

HUD Code Manufactured Home Production Increases, January Report

HUD Code Manufactured Home Production Increases, January Report

by RC Williams Washington, D.C., March 6, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that, according to official statistics compiled on behalf of the U.S. Department of... NSP_READMORE

GENERAL MANUFACTURED HOUSING INDUSTRY TOPICS

SWOT Analysis – Marketing, Sales & Management Tool for Manufactured Housing…

SWOT Analysis – Marketing, Sales & Management Tool for Manufactured Housing Success

by L. A. ‘Tony’ Kovach To truly understand a location, business or organization - and its potential - a SWOT analysis is useful management tool. NSP_READMORE

MANAGEMENT

The Uncertainties of Life

The Uncertainties of Life

by Tim Connor, CSP Many people today struggle with the need to know what will happen tomorrow, next week or even this year. Some have the need to try... NSP_READMORE

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

Which Life Season are You in?

Which Life Season are You in?

by Tim Connor For the past 200 plus years we have experienced an economic downturn and uncertainty every 8-15 years. I am not a pessimist.  I am a realist.  NSP_READMORE

PERSONAL REFLECTIONS, MOTIVATION and INSPIRATION

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Manufactured Home Community Loans – Secu…

Manufactured Home Community Loans – Security Mortgage Group

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the MHMSM Team 21 Mar 2017 Corporate Press Releases

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MHARR Appeals to HUD Secretary - Dr. Ben…

MHARR Appeals to HUD Secretary - Dr. Ben Carson - Allow Private Sector to Boost Homeownership, Save Taxpayers, by Enforcing Federal Law

“We’re going to be in the promise keeping business.” - Vice-President Mike Pence.  “We're going to enforce the law of this country.” – Then VP candidate, Gov. Mike Pence.  “We're going to enforce the law…” – President of the United States, Donald J. Trump.  “Ben Carson has a brilliant mind and is passionate about strengthening communities and families within those communities. We have talked at length about my urban renewal agenda and our message of economic revival, very much including our inner cities. Ben shares my optimism about the future of our country and is part of ensuring that this is a Presidency representing all Americans. He is a tough competitor and never gives up.” – Then President-elect of the United States, Donald J. Trump.  “I look forward to listening to the concerns of the American people in order...

the MHMSM Team 21 Mar 2017 Corporate Press Releases

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Tawas River MH/RV Park | 165 Sites MH/RV…

Tawas River MH/RV Park | 165 Sites MH/RV | Tawas City, Michigan

Property Overview MHRE is pleased to present Tawas River MH/RV Park located in Tawas City, Michigan. The community consists of 100 RV sites, 2 single family homes, and 65 mobile home sites, of which there are 8 park owned homes. With direct access to Tawas River and Tawas Bay, the park offers many amenities for guests to enjoy the riverfront. Fishing and boat launching are available right at the park. Since 2010, the park has undergone improvements that includes road repaving and sewer and electrical infrastructure. Tawas River MH/RV Park typically enjoys high seasonal occupancy, and several RV sites are occupied by seasonal tenants who keep their RVs at the park year-round. Currently, the mobile home sites are at an 80% occupancy and the annual RV sites are at a 56% occupancy. Investment...

the MHMSM Team 21 Mar 2017 Corporate Press Releases

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2017 Tunica Manufactured Housing Show Lo…

2017 Tunica Manufactured Housing Show Looms, Final Brochure, Schedule Provided

The Largest Manufactured Housing Show in the United States The Tunica Show has more homes than any other industry event! In 2016 The Tunica Show registered retailers, builder/developers, community owners/operators, and installers from all over the region. The show drew 1,932 attendees this past year, from an expansive region which stretched from Illinois all the way to East Texas. The number of attendees actually exceeded our expectations and even surpassed last year's attendance numbers. This is a significant coup for the Tunica Show, because it means new business relationships abound! This year, 70 new model homes are expected to be featured at the show. These models will offer a firsthand look at the latest technology, conveniences, efficiency, and stateof-the-art design modifications that have been developed during the past year. The don't-miss showcase of homes...

the MHMSM Team 05 Mar 2017 Corporate Press Releases

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RV/MH Hall of Fame Sets Dates and Agenda…

RV/MH Hall of Fame Sets Dates and Agenda for the 2017 Induction Dinner

ELKHART, Ind. -- The RV/MH Hall of Fame's Annual Induction Dinner honoring the Class of 2017 will be held on August 7, 2017, at the Hall of Fame's Northern Indiana Event Center in Elkhart, Indiana, according to Darryl Searer, president, RV/MH Hall of Fame (Hall). Searer said, "Our 2017 Induction Dinner celebration begins at 5:30 p.m. with a cash bar cocktail party, followed by the dinner and induction ceremonies at 6:30 p.m . I hope a record number of friends and colleagues of the inductees and industry members will join us in honoring these outstanding industry pioneers who have had a major impact on our professions and lives." Those being inducted in the Class of 2017 include:  RV Inductees Edwin BaierEvergreen RV SupplyWalter BennettThor IndustriesDavid GorinDavid Gorin Associates LLCWoody PaylorWoody's RV WorldMartin SheaMadison RV Supercenter, Inc. MH Inductees Dennis BeadleVictorian HomesChristine LindseyUMH...

the MHMSM Team 03 Mar 2017 Corporate Press Releases

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Closed | 33 Sites | Woodmont Trailer Par…

Closed | 33 Sites | Woodmont Trailer Park | Farmington Hills, Michigan

Woodmont Trailer Park - Farmington Hills, MI MHRE closed on  Woodmont Trailer Park in Farmington Hills, MI to an undisclosed buyer for  a undisclosed price. Woodmont Trailer Park is a 2-star community, built in 1952 with 32 sites and 1 apartment.  Included in the sale were 21 homes of which 13 were leased and 8 vacant.  MHRE represented the buyer.   Christopher Nortley, Managing Partner with MHRE commented “Woodmont was a mis-managed property that needed an infusion of capital and a new vision. With a Class A location, only 4 blocks from Beumont Hospital, which currently is in the process of a $160,000,000 expansion, makes the community ideal to be converted to a senior community.”   MHRE Inc. specializes in the sale of family and age-restricted manufactured home and RV communities across the country.  Please contact us...

the MHMSM Team 27 Feb 2017 Corporate Press Releases

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