Manufactured Housing News

Source: Monitordaily – ECN Capital and Skyline Champion Corporation entered into a share subscription agreement pursuant to which Skyline Champion agreed to make an approximately C$185  million ($138 million) equity investment in ECN Capital on a private placement basis in exchange for 33.55 million common shares of ECN Capital and 27.45 million mandatory convertible preferred...

In the first half of last year, more than 50,000 manufactured homes were shipped across the U.S. – a 31% year-over-year increase, according to the latest numbers from the U.S. Census Bureau. The pace of shipments decreased in the final quarter of 2022, not surprising, considering the winter months have perennially been the slowest time...

In 2017-18 Fannie Mae engaged with manufactured home producers to develop MH Advantage to offer a new affordable housing option. MH Advantage properties are built to meet specific construction, architectural and energy efficiency specifications and include features such as garages, carports, and dormers, giving an appearance that is more similar to traditional site-built homes. Following...

“Some residents voiced concerns over the impact of ‘mobile homes’ on property values, quality of life.” The following includes excerpts from a news report by The Daytona Beach News Journal. Many references in that report mis-characterized manufactured homes as “mobile homes.” We have taken the liberty of correcting those “mobile home “ references with the...

The following are excerpts from a comprehensive study by the Joint Center for Housing Studies at Harvard University. Over the next few weeks we will be reporting here at ManufacturedHomes.com./blog other important study revelations supporting the importance of manufactured housing in addressing the nation’s affordable housing crisis.   Manufactured Home Appreciation Vs. Site-Built An important...

In early January, the Manufactured Housing Institute (MHI) provided the following November shipment numbers to their members, reflecting a decline for the second consecutive month.   7,998 New HUD Code Homes Shipped in November 2022 Last week, MHI released its Monthly Economic Report for November. In November 2022, 7,998 new manufactured homes were shipped, a...

Grows Team to Continue Serving Manufactured Home Buyers and Community Operators, Announces New VP of Sales Manufactured home chattel (home only) loan availability is critical in the growing demand for affordable homeownership. The following are excerpts from a news release referencing the continuance of a fairly new lender, (Zippy), poised to continue serving that growing...

The following are abbreviated samplings of news tidbits, over a short period of time, relative to tenant rent increases and investor sales of manufactured home communities (aka mobile home parks) across the U.S .   Washington New Laws Would Slow Rent Increases and Create Roadblocks To Selling Communities Washington state lawmakers are considering legislation to...

Source: National Mortgage News – Stacey Epperson first saw the possibility that manufactured housing held as a sustainable homeownership solution several years ago when working in a job that sent her to families in Appalachian Kentucky. “Their mobile homes were old. They were in bad repair, but they still owed money for them. They had...

After 50 years in the manufactured homes business, Dar Gardener of Kimball, Nebraska will be inducted into the RV/Manufactured Home Hall of Fame in Elkhart, Indiana. After the first of the year, Dar received confirmation of her induction. The induction ceremony will be on August 21, when Dar will receive a traditional Green jacket. Elkhart,...