(Source: Wall Street Journal) –The following are excerpts from an obituary by James R. Hagerty for WSJ. John Boll, who started his career as a digger of sewer ditches, relaunched himself in the mid-1960s as a highly successful developer of mobile home parks. One of his goals was to escape the “trailer trash” stigma and...
Chris Nicely, president of ManufacturedHomes.com and ModularHomes.com, is announcing the appointment of John Ace Underwood as Executive Director of LearnMH. LearnMH was founded with the goal of forging a powerful industry brand identity through training, education, awareness, marketing, and overall process improvement. Underwood brings over 35 years of experience in the manufactured housing industry as...
According to a report by The Epoch Times, elderly residents of mobile home parks in Huntington Beach, California, may be eligible for temporary monthly relief from housing rent payments soon after city councilors unanimously approved a rental assistance program on Sept.6. “I know this isn’t a panacea to the rental increases that our mobile home...
Lending Tree study compares the affordability of mobile homes* and manufactured homes to single-family houses. For homebuyers looking to buy single-family properties, alternatives to traditional houses can be a more affordable option. Jacob Channel, the senior economist for Lending Tree, says mobile homes, manufactured homes, condos, or townhouses are still cheaper than single-family homes, even...
Beginning in 2013, the annual shipments (sales) of manufactured homes began ticking upward, according to the U.S. Census Bureau. Although they decreased in 2020, likely due to the pandemic, shipments of manufactured homes bounced back with gusto in 2021 and 2022. In fact, 2021 has seen the most monthly shipments of manufactured homes since 2006....
As one might expect, manufactured homes run the gamut with regard to energy efficiency. In an analysis completed by the American Council for an Energy-Efficient Economy (ACEEE). It was found that modern manufactured homes used 70.4 MM btu/year, a significant amount less than the 108.5 MM btu/year average seen in traditional or “site-built” homes. In...
Source: Skyline Champion Corporation – Champion Homes and Star Fleet Trucking are featured in an entire episode of Military Takeover: Operation Career. The episode airs on Lifetime Television Wednesday, November 9th, and Wednesday, November 30th, at 7:30 am EST/PST. Hosted by Montel Williams, the show highlights how military veterans continue to make a difference in...
Washington, D.C. November 3, 2022 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), HUD Code manufactured housing industry year-over-year, manufactured home production growth increased in September 2022. Just released statistics indicate that HUD Code manufacturers...
(The following report contains excerpts from MoneyWise analysis penned by Vishesh Raisinghani via Yahoo!) The hunt for yield has pushed private equity firms and professional investors into new segments of the real estate market. In recent years, sophisticated investors have snapped up multi-family units and single-family homes. Now, corporate landlords are targeting the most cost-effective...
Under a proposed rule change, manufactured home loans could operate similarly to all other home loans, providing ownership is titled as personal property. Washington – The Federal Housing Administration (FHA) proposed a rule in the Federal Register that will increase and index loan limits under its Title 1 Manufactured Home Loan Program. The program ensures...
