One time conventional home builder, Stacey Epperson once hated ‘mobile homes.’ Now in her leadership role at NextStep, Epperson has embraced them – or more specifically – has discovered the many positive realities found in modern manufactured homes. Epperson learned the difference between the older pre-HUD Code mobile homes of yesteryear – a number of which indeed had serious issues …
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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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Manufactured Home Living News has learned that Universal Forest Products,Inc. (UFPI) acquired Upshur Forest Products, LLC in Gilmer, Texas. MHProNews and Menafn both report that another UFPI subsidiary, purchased assets of High Level Components LLC in Locust, North Carolina, a deal that closed March 31, 2014. With manufactured and modular home construction steadily rising, it is no surprise that UFPI …
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In spite of the worst winter in decades, new manufactured housing production continued its 4 year growth trend, according to a report from the U.S. Department of Housing and Urban Development (HUD). By law, all homes built to the federal HUD Code for manufactured housing safety and construction standards are not “mobile homes,” but are legally known as manufactured homes. …
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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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UMH Properties, Inc. of Freehold, New Jersey has acquired eight Ohio manufactured home communities (MHCs) comprised of 1,018 homesites. Marketwatch, MHProNews and StockNews among others have reported that UMH owns and operates 82 land-lease manufactured home communities with approximately 14,500 total sites. UMH Properties is a public real estate investment trust (REIT). The company has roughly doubled its holdings in …
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Figures from the Department of Housing and Urban Development (HUD) indicate shipments of new “HUD Code” manufactured homes hit 4,405 in January, a 3.8 percent increase over the 4,242 homes shipped in Jan., 2013. (Photo Credit: Eastern Ohio Home Show, Friday, May 16th – Sunday, May 18th, 2014 at the MAPS Air Field and Museum located adjacent to the Akron/Canton …
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Technology-based marketing services company SearchCore, Inc., which connects consumers with brands, products and services through comprehensive websites, announced additions to their ManufacturedHomes.com site. The upgrades includes the most extensive list of producers of manufactured homes, retail centers and floor plans available in the entire industry. The company’s next step will be to consolidate other MH services which include banking, insurance, …
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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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by Rick Robinson, JD When I took over the duties of General Counsel/VP Government Affairs to MHI, I jumped into a firestorm of issues in Congress that consumed most of my time. My study of the industry was done in bits and pieces. Having worked the issue for Congressman Jim Bunning, I had a baseline of (albeit dated) knowledge. Thus …
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Licensed real estate agents and conventional on-site home builders and developers are being given an opportunity for a free guest pass to attend the 2014 Louisville Manufactured Housing Show. As an industry trade event, this show is not open to the public. Nor is it normally open to anyone outside of the manufactured housing industry. Special Guest Pass Available for …
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1) Who, What and Where: (Your name, town and your formal title at Louisiana Manufactured Housing Association, LMHA). Lenny Kopowski , Metairie, La. , Director of Government Affairs 2) Background: (Educational/Professional snapshot before entering the factory-built housing arena, at or before the Louisiana Manufactured Housing Association – LMHA). I graduated from the University of New Orleans with an Undergraduate Degree …
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Australia is home to many exotic animals interesting geography and that world-famous version of English known as the ‘Aussie accent.’ The land ‘down under’ is also increasingly home to million dollar modular homes. While most of the modular homes in Australia are for coastal and rural retreats, a growing number of architect-designed, multi-million-dollar prefabricated homes are being built. Rob …
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by Lisa Tyler I recently facilitated a Personal Finance undergraduate level class. The cohort style class was comprised of adult learners with varied life and career experiences. One of the main topics was on the home buying process and determining affordability of selections. Magnolia Model MH 213, see tour linked here. Keep in mind that all students were residents of …
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