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NextStep’s Stacey Epperson’s Vision of Affordable Housing Done Right
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 …
Read More »Magnolia HK1
RealtyTrac, Bloomberg & Case-Shiller report on Underwater Mortgages for Conventional Site-Built Houses
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 …
Read More »Sensationalistic ‘Cold Hard Lessons of Mobile Home U’ New York Times article by Gary Rivlin draws Manufactured Home Industry Ire, Desire and Fire
“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 …
Read More »Manufactured and Modular Home Supplier Universal Forest Products Acquiring more Subsidiaries
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 …
Read More »Manufactured Home Production in February 2014 Continues to Rise.
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 partners in the Duck Commander 500
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 …
Read More »UMH Properties Acquires Eight Manufactured Home Communities
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 …
Read More »Kit Home Builder West, LLC Model = Pine Hurst 2506
New Manufactured Home Sales Growth Continues
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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ManufacturedHomes.com Expands Online Industry Library
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, …
Read More »Caesars Palace 2014 Congress and Expo
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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