Big Houses Soar, MH Snore?
Analyzing data released by the U.S. Census Bureau and the Department of Housing and Urban Development (HUD), total U.S. housing starts in July advanced at the rate Seasonally Adjusted Annual Rate...
View ArticleNimby Leading Loss of Affordable Housing? County buys MHC to close it
De Kalb County, Illinois purchased to close “flood prone” Evergreen Village Mobile Home Park in Sycamore, the Daily Chronicle tells MHProNews. “I don’t have much of a choice, because we’re in a flood...
View ArticleNew Home Sales Fall Second Consecutive Month
According to numbers released by the U. S. Department of Housing and Urban Development (HUD) and the U. S. Census Bureau, sales of newly-built single-family homes dropped 2.4 percent to a...
View ArticleLos Angeles Singing the ‘Rising Housing Cost Blues’
Residents of Los Angeles use a larger portion of their paycheck for housing than people in San Francisco, New York or Miami. “They’re bottom earners living in a high-priced housing market,” said Dowell...
View ArticleCalifornia Home Prices Rising above Affordability for Hispanics
The California homeownership rate for Hispanics was 41.9 percent in 2013 versus 62.7 percent for non-Hispanic whites, according to U. S. Census records. The Hispanic rate in 2006 was 47.9 percent. A...
View ArticleHousingWire’s Trey Garrison accuses Obama Administration of “cooking the...
The fig leaf offered by HousingWire senior financial writer, Trey Garrison, is that both political parties have done the same thing; namely, use their influence to cause a false or misleading report...
View ArticleIs home owning now twice as affordable as renting? Quentin Fottrell says Yes
MarketWatch personal finance reporter, Quentin Fottrell, picked up on a theme Daily Business News regulars know. Says Fottrell, “...the average American now spends nearly 30% of their income on rent....
View ArticleMore Factory-built Homes Rise on Long Island
MHProNews has learned from riverheadnewsreview on Long Island, New York that single-family home construction has risen in Riverhead Town, nearly doubling last year over 2013, including factory-built...
View Article2014-2016 Manufactured Housing Industry, New Retail Home Pricing Trends by...
Data released by the U.S. Census Bureau reveals a mixed pattern in prices for new manufactured homes, depending on month, single vs. multi-sectionals and the region of the country. For example, single...
View ArticleNAR – Millennials Want Quality Affordable Homes to Buy in 2017
The times are changing, and so are the demographics. Research from the National Association of Realtors (NAR) states that in 2017, more than half of all first-time homebuyers will be a millennial. The...
View ArticleNew Housing Permits Decline
The Commerce Department’s U.S. Census Bureau released data on new residential construction in November 2010. Permits for new housing units declined four percent in November, compared with...
View ArticleCooperative Community Coping with Decrease in Residents
Treasure Coast Newspapers reports that Ocean Breeze Park, an incorporated pre-HUD code community on Florida’s eastern shore just south of Fort Pierce, lost 23 percent of its population between 2000 and...
View ArticleHome Buyers Stimulate Economy More than Renters
HousingWire reports that a survey of over 1,000 borrowers by the National Foundation for Credit Counseling (NFCC) revealed half could not afford the required 20 percent down payment under the qualified...
View ArticleRecord Low Housing Completions Expected for 2011
Business Insider reports the U.S. is on track this year for the lowest number of total housing completions since the Census Bureau started keeping records of completions. In 2005, 1,878,200 single...
View ArticleMH Shipments Increase for August
Bloomberg reports the U.S. Census Bureau says manufactured housing shipments rose to a seasonally-adjusted rate of 49,000 in August, up two thousand units from July 2011. Placements rose from 43,000 to...
View ArticleGood Bet for ROI: Multi-family Housing
TheStreet reports the one of the best investments outside the stock and bond market is in multi-family housing. A report by Harvard University’s Joint Center for Housing Studies says from 2006 to 2010,...
View ArticleMH Shipments Rise in Sept.
Bloomberg reports the U.S. Census Bureau says Sept. manufactured housing shipments rose to a seasonally adjusted rate of 54,000 units, an increase of 3,000 units over August 2011. Placements fell 3,000...
View ArticleLong Island Builder Moves to Modular
Before the housing bubble burst, builder Howard Kipnes would buy land speculatively and then build the home upon receiving a contract. That ended with the housing bust. Newsdays tells MHProNews.com...
View ArticleNew Home Sales Fall in December; Economists See Growth in 2012
NationalMortgageNews tells MHProNews.com the U.S. Census Bureau reports new home purchases last year totaled 303,000, declining 6.5 percent in 2011, the lowest number since the 1960’s. Sales of...
View ArticleCensus Bureau Releases Data on 2011 New Homes
According to HousingWire, the U.S. Census Bureau’s report on “Characteristics of New Housing for 2011” indicates the housing market may be slowly stabilizing. Twenty percent of all new single-family...
View ArticleRenting Vs. Buying
MarketWatch reports the U.S. Census Bureau says American homeownership fell from 66% to 65% in Q1 2012, the lowest point in 15 years, especially noteworthy because historically spring marks the home...
View ArticleHousing Starts Edge Down, while Permits Rise
The National Association of Home Builders (NAHB) tells MHProNews while housing starts fell 1.1 percent in July to a seasonally annual adjusted rate (SAAR) of 746,000 units, according to the Department...
View ArticleNew Home Sales Stabilized in August
The National Association of Home Builders reports the pace of new home sales held steady in August at the seasonally-adjusted annual rate (SAAR) of 337,000 units, virtually unchanged from July,...
View ArticleNew Home Construction Hits Four-year High
The National Association of Home Builders says statistics from HUD and the U.S. Census Bureau report new home construction shot up 15 percent to a seasonally-adjusted annual rate (SAAR) of 872,000...
View ArticleNew Home Sales Rise
Based on data from HUD and the U.S. Census Bureau, the National Association of Home Builders NAHB) reports new single-family home construction rose 5.7 percent in Sept. to a seasonally-adjusted annual...
View ArticleHousing Recovery Continues to Show Strength
CNNMoney reports U.S. Census Bureau figures indicate home building rose to its highest level in four years in Oct., with builders beginning construction at the annual adjusted rate of 894,000 last...
View ArticleBuilding Permit Applications Rise
CNNMoney reports U.S. Census Bureau data indicates new home construction fell three percent from Oct. numbers but still was 21.6 percent above year-ago levels. The decline of new home construction to...
View ArticleNew Home Sales Rise in Jan.
The National Association of Home Builders (NAHB) informs MHProNews, according to figures released by HUD and the U. S. Census Bureau, sales of single-family, newly-built homes increased 15.6 percent in...
View ArticleExtensive Housing Data from 2011
In a 2011 survey conducted by the U. S. Census Bureau and the Dept. of Housing and Urban Development (HUD), covering approximately 132.4 million housing units, 90 million are single-family homes, 9.07...
View ArticleNew Home Sales Slide in November
The National Association of Home Builders (NAHB) reports sales of newly-built single-family homes fell 2.1 percent in November to a seasonally-adjusted annual rate (SAAR) of 464,000 units. According to...
View ArticleMillennials: Content to Rent?
U. S. Census Bureau statistics report only 36% of Americans under the age of 35 own a home, a drop from 42 percent in 2007, and the lowest level since 1982 when the Bureau began documenting the age of...
View ArticleHomeownership Rate Continues its Decline
According to kansas.com, the U. S. Census Bureau reports the overall homeownership rate dropped to 64.7 percent in Q2 of 2014 from 66.9 percent in the same quarter five years ago. For those under 35,...
View ArticleAmericans On the Move – How Often? What are the MH Opportunities?
Manufactured home professionals may not always realize how many people are ‘on the move’ in their market. Not every mover in an area may not represent an opportunity to sell a home, or fill a leased...
View ArticleGenerational Buyers, Millennials, Boomers & Manufactured Homes
New research spotlights the gaps and differences between the various generations, and how manufactured housing could potentially tap into those opportunities. “Many desire to move from renting to...
View ArticleHomeownership Rates in U.S. Compared to Top 50, MHI’s Idea Revisted
“Homeownership is a way for people to generate stability and wealth and not just go to work every day,” said Deborah Moore, neighborhood planning director for Neighborhood Housing Services of Chicago....
View ArticleNew Home Sales Drops Sharply, Why? Video
New home sales took a steep 9.4 percent drop in the month of July. This occurred after a stronger start to 2017 for the first six months. The figures are per the U.S. Census Bureau and the Department...
View ArticleHow Much Does the Average American Pay in Taxes?
“Our self-destructive tax code costs Americans millions and millions of jobs, trillions of dollars and billions of hours spent on compliance and paperwork,” said President Donald Trump, in a speech in...
View ArticleLabor Day Origins, U.S. Income and Job Growth, is the Trump Administration’s...
Over the years holidays change, and some can tend to lose their original meaning. For Labor Day, the holiday was meant to recognize the working class. While that meaning isn’t forgotten, today the...
View ArticleMH Silver Lining? Residential Construction Report, Oct 2018, per HUD, Census...
Prior to diving into the latest residential construction data from the federal government, we’ll simply note that our reports from official sources are often among the most popular on the Daily...
View ArticleLatest New Residential Home Sales Data from HUD and U.S. Census Bureau
Big-picture focused manufactured home pros should find the latest data from the U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau to be of keen interest as the latest...
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