Manufactured and Modular Home News

“There is something permanent, and something extremely profound in owning a home”    –  Kenny Guinn Many would-be homeowners have never considered that the American dream of homeownership could be realized with the purchase of a new modern manufactured home or modular home, surprisingly [...]

Office now reports directly to the Assistant Secretary for Housing HUD No. 23-125 HUD Public Affairs (202) 708-O685   Washington – Today (6-22-23) the U.S. The Department of Housing and Urban Development’s (HUD) Office of Housing is announcing that it has created a new Office of [...]

SOURCE: White House OMB Fact Sheet – Following are brief excerpts from the President’s proposed Fiscal Year 2024 Budget as they are related to low cost home ownership, particularly manufactured housing. President Biden believes that everyone deserves to live in a safe and affordable home. [...]

The high cost and scarcity of housing has forced low and middle income families to forego or indefinitely delay the uniquely American dream of affordable quality homeownership. It doesn’t necessarily have to be that way. That need for quality, affordable housing has never been greater. Today’s [...]

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 [...]

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 [...]

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 [...]

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 [...]

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% [...]

“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 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 [...]

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 [...]

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 [...]

(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 [...]

Source: MHI – (condensed for brevity) The following are 8 frequently asked questions (with brief answers) generally posed  by potential manufactured homebuyers.   Why should I consider a manufactured Home? If you’re looking to get the most out of your “housing dollar,” you should [...]