Manufactured Housing News

The following contains excerpts from an OP/ED by JOANNE DEMICHELLE – Silver City, New Mexico, posted by Los Alamos Daily Post, referencing recently introduced New Mexico Senate Bill SB298, that addresses the “strategy under the radar” by providing solutions and opportunities for manufactured homeowners living in communities.            Recognizing Vulnerable Housing Situation “There is an...

ERLANGER,KY – Flagship Communities Real Estate Investment Trust (REIT) received the Kentucky Manufactured Housing Institute’s (KMHI) highest award for Community of the Year for the second consecutive year. Flagship and its Mosby Pointe community was honored at the annual conference in Louisville. Kentucky on Wednesday June 21, 2023. Mosby Pointe, located in Northern Kentucky is...

Source: Benziga – You’ve undoubtedly heard stories about how some successful entrepreneurs launched a business on a cocktail napkin at a bar. But for two guys who walked out of a successful gig at one of the world’s largest investment banking firms, that story is a reality. And now the two former banking colleagues have...

Senator Richard Blumenthal outlined his proposal for a federal mobile homeowners “Bill of Rights” during a recent visit to the Southington Municipal Building and had some strong words for businesses that buy up such properties, hike rents and fail to provide timely services. Blumenthal said the behavior on the part of some owners of such...

According to a February 22, 2023 HOUSING ALERT by Manufactured Housing Institute (MHI)), the Federal Housing Administration (FHA) announced it is reducing its annual  mortgage insurance premium (MIP) for FHA-insured Single Family Title II mortgages by 0.30 percentage points, from 0.85% to 0.55% for most new borrowers. Although the premiums differ for some borrowers based...

“Manufactured housing industry we’ve got a pricing problem.” I say “we” as I’m sorta in the industry. No,our prices are not too high. The problem is the pricing is inconsistent. Purchasers have no idea what price a manufactured home should sell for. Therefore they tend to go from one dealer to the next trying to...

“The theory that manufactured homes are less quality and not as safe is consistently proven not true.” During the first Senate Banking Committee hearing of the 118th U.S. Congress titled “The State of Housing 2023,” Ranking Member Tim Scott, Senator from South Carolina, praised manufactured housing stating “the theory that modular or manufactured are less...

SOURCE: Excerpts from a report by Elaine Mendoca – posted by Bestocks The highly esteemed Marshall Financial Group LLC has recently made headlines within the investment industry with its notable acquisition of a new stake in the renowned company, Skyline Champion Co. (NYSE:SKY – Free Report). This bold move exemplifies the astute decision-making and strategic...

Manufactured Housing Institute (MHI) members attending the Winter Meeting in Houston got a look at new findings from MHI’s latest consumer survey. Linda Mackenzie of Trifecta Researh Group, which conducted the survey, gave a presentation that highlighted key findings from the survey. This research revisits MHI’s consumer research from 2018 while also expanding on the...

(The following are excerpts from a BestStocks report written by Roberto Liccardo – July 16, 2023). Legacy Housing Co. (NASDAQ:LEGH) recently caught the attention of investors and market analysts alike when major shareholder, Douglas M.Shipley, sold 11,000 shares of rhe company’s  stock on Wednesday, July 12th.The average selling price stood at $22.64, resulting in a...