Texas Needs More Modular Man Camps
BloombergBusinessWeek says Midland and Odessa, Texas sit on top of the Permian Basin, a rich store of petroleum which last year produced 280 million barrels of oil, about 14% of the U.S. output....
View ArticleHousing Analysts Predict Slow Growth
NationalMortgageNews says CoreLogic CEO Anand Nallathambi tells MHProNews their house price index (HPI) rose 1.3% from May to June, for the fourth consecutive month, and home values have risen 2.5%...
View ArticleHousing Affordability Index Declines as U.S. Home Prices Uptick in Q2
WorldPropertyChannel tells MHProNews.com that the National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) indicates strengthening house prices means slightly lower housing...
View ArticleWest Coast Housing Gaining Momentum
Santa Cruz Sentinel says the median home price in Santa Cruz, Calif. as of Nov. was $510,000 for a two bedroom on the west side of this Pacific Ocean border town. The same 510k would get you a three or...
View ArticleHome Affordability Index to Set Record
According to the National Association of Realtors (NAR), the first 11 months of 2012 is setting the stage for what is anticipated to be a record year for the housing market, once Dec. numbers are in....
View ArticleMedian Home Price Rises, Distressed Home Sales Drop
HousingWire reports the National Association of Realtors (NAR) says Q4 2012 witnessed the strongest year-over-year median home price rise in seven years. NAR’s chief economist Lawrence Yun says with...
View ArticleWells Fargo: Caution; B of A: Full Steam Ahead
According to originationnews, economists at Wells Fargo Securities have suggested that institutional investors account for 20 percent of existing home sales, but as the inventory of preferable...
View ArticleHousing Market Continues to Heat Up
Noting the median home price jumped eight percent from April to May to $208,000, and sales of homes rose four percent for the same period, chief economist Lawrence Yun of the National Association of...
View ArticleHousing Affordability Rises Slightly in First Quarter 2014
The National Association of Home Builders (NAHB)/Wells Fargo Housing Opportunity Index (HOI) reports lower median prices and steady mortgage rates contributed to higher housing affordability in Q1...
View ArticleTen Cities where First-time Homebuyers can Find Deals
According to realtor.com, housingwire informs MHProNews while two of the hottest housing markets are in the Pacific Northwest and Florida, that is no help to first-time homebuyers. A survey focusing on...
View ArticleHousing Supply Still Outweighs Demand
CNNMoney says although existing home sales increased 3.7 percent in March over February, sales were down 6.3 percent from March 2010. Compared to a year ago, the median home price fell 5.9 percent....
View ArticleMHC Closure Ordinance could Make MHC Owners Bleed Green
According to a new ordinance passed by the Santa Barbara County Board of Supervisors in California, before a manufactured community owner (MHC) can close a community, it must submit an impact...
View ArticleMHC Planned in Housing Tight Texas
MyWestTexas reports within a few days of announcing an upscale 185-site MHC to be built in Midland, Texas, the developers received 380 inquiries from interested individuals. Project partners...
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