36 miles south of Pittsburgh and 55 miles east of Wheeling, OH on I70 is picturesque Belle Vernon, PA. This rural area in Western Pennsylvania may seem like an unusual place to open a new, regional manufactured home retail center. But as executives at rising star UMH Properties know, this is one of the places in the U.S. where the …
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The Wall Street Journal recently covered the wide array of lifestyle options available to modern manufactured home owners from an upscale perspective, while officials from the Federal Reserve Bank and non-profit leaders focused on a different need for affordable manufactured housing. CFED – the not-for-profit Corporation for Enterprise Development – took a leadership role in organizing of conference with the …
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Millions of conventional site built houses are still underwater, according to recent reports by RealtyTrac, Bloomberg and the S&P/Case-Shiller index. As the recovery of depressed prices from the housing/mortgage bubble have slowed recently, leaving millions of Americans in homes that are “underwater” on their loans. An “underwater” mortgage is defined as a real estate home with a loan that is …
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“Pencil head, its not a trailer park.” So said Equity Lifestyle Properties (ELS) Chairman and real estate legend Sam Zell to a packed auditorium of manufactured housing professionals, as Zell described previous comments he’s made to potential investors. But “its not a trailer park” isn’t the impression you’d get about proper manufactured home terminology from reading “The Cold Hard Lessons …
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Clayton Homes announced they are the proud partner of the Duck Commander 500, this year’s annual spring NASCAR ® Sprint Cup Series race at the popular Texas Motor Speedway ®. Some 150,000 fans are expected to attend the event on April 6, 2014. The race is said to be the single most-attended one-day sporting event in Texas. DigitalJournal and MHProNews.com …
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Housing professionals will not want to miss the 2014 Congress and Expo in Las Vegas, Nevada. The Manufactured Housing Institute (MHI) along with National Communities Council (NCC) is hosting this all star event. The 2014 National Congress & Expo for Manufactured and Modular Housing will be held on April 29 – May 1, 2014 at Caesars Palace in Las Vegas, Nevada. The …
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Manufactured Homes and the Harvard Joint Center for Housing Studies reports on America’s Rental Housing; Evolving Markets and Needs On December 9th, 2013 Harvard University’s respected Joint Center for Housing Studies issued a report entitled “America’s Rental Housing: Evolving Markets and Needs.” The study begins by reporting what we all know from experience, namely that the numbers of renters are significantly up as …
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