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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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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Manufactured Homes and the Harvard Joint Center for Housing Studies reports on America’s Rental Housing; Evolving Markets and Needs On December 9th, 2013 Harvard University’s respected Joint Center for Housing Studies issued a report entitled “America’s Rental Housing: Evolving Markets and Needs.” The study begins by reporting what we all know from experience, namely that the numbers of renters are significantly up as …
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The quality and affordability of modern manufactured homes is being rewarded by growth in new factory-built home construction. According to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), manufactured housing production showed strong increases once more during October 2013. Recently released statistics report that HUD Code home manufacturers produced 6,078 homes in October …
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Credit for mortgages in general are declining as new regulations and approaching ones are coming on line, says Yahoo! Finance. They cite the Mortgage Bankers Association and AllRegs as their sources, explaining too that tightening credit will result in fewer loans. Their report says that a significant impact will be felt by all home loans under $100,000. Since the Manufactured …
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Leonard “Lenny” Kopowski, Director of Government Affairs, LMHA, was honored with the Jim Moore Excellence in Communications Award presented by the Manufactured Housing Executives Council (MHEC) during the Manufactured Housing Institute’s 2013 Annual meeting held recently in La Costa, CA. In Kopowski’s role for the Louisiana Manufactured Housing Association (LMHA), Lenny used a three step, “outside the box” public relations …
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What sets apart the so-so service of a person or a company versus that of another which excels with customers? In a word, professionalism. This is true for all industries. For example, the service at a good restaurant with a top notch server is marked by someone who is warm and professional. A good server makes you feel welcome, then …
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Brian Hicks of the Post and Courier tells Manufactured Home Living News that the line used by a South Carolina beauty contestant was probably written by show writers. Miss South Carolina, Brooke Mosteller of Mount Pleasant introduced herself at an event by saying, “I’m from the state where 20 percent of our homes are mobile, because that’s how we roll.” …
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by Dave Shanklin “I own my manufactured home free and clear, and I need to borrow about $20,000 for home improvements. Can you help me?” Nearly every manufactured home owner has at least one time inquired about a getting “cash-out” loan or a home equity loan for their in-park factory-built home. Especially since the financial meltdown of 2008, this question …
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The Manufactured Housing Institute (MHI) has a report on the Trends and Information About the Manufactured Housing Industry in 2012. Their ‘Quick Facts report is attached as a free download, below. This insightful report includes: a MH Industry Overview. Who Lives in Manufactured Housing (demographic information). Cost comparisons to conventional housing. New Manufactured Homes Placed For Residential Use Financing options. Photos, …
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