#1 Manufactured Home Producer Texas Reports Continued Declines, w/Bright Spot?



In a release this morning to MHProNews, the Texas Manufactured Housing Association (TMHA) said the following.


June 2019 TMHA Shipment Report


Texas Shipments pulled back in June on a decrease in production days and an increase in homes shipped out of the state.


Wednesday, July 31, 2019 3:18:00 PM


Manufactured home shipments for June moved down sharply from both the preceding month and June of last year. The decline hit both multi-section and single-section homes, but was much steeper in the single-section market.

The headline total of 1,178 homes shipped marks the lowest total so far in 2019, but June, like February, only had 20 weekdays worth of production time. Looking at home shipments per production day available, June was right in line at 59 homes per day with the January through April average. May saw that metric jump to 66 homes a day.

Another potential factor working to soften Texas shipments in June was an uptick in homes shipped out of state. Exported homes moved up 18.7% over May to their highest total of the year at 425 homes. Incorporating the exported homes, Texas manufacturing plants were running at about the same 78 homes produced per day as they did in May.

Shipments Singles Multis Total
Total for June: 506 672 1,178
Change from May: -28.1% -10.2% -18.9%
Change from June of 2018: -35.7% -11.6% -23.9%

## End of TMHA Report ##

National data will be available soon.  Data from MHI and MHARR for May shipments are found at the link below.

Manufactured Housing Institute (MHI) Monthly Economic Report vs. Manufactured Housing Association for Regulatory Reform (MHARR) Report – Comparisons

But this is but the latest data point that reflects that despite state or Manufactured Housing Institute (MHI) efforts to ‘promote, educate, and protect’ the industry, that manufactured home sales are declining during an affordable housing crisis.  That speaks volumes.  Will a 9 consecutive month year-over-year downturn turn into 10 months? See the related reports, linked below the byline and notices.

Screen capture with commentary and MHI’s logo are a collage by MHProNews, which faithfully reflects their “We’re Using Our Momentum Leveraging the Creation of a New Class of Manufactured Homes.” First, what momentum? Second, why the need for a new class of homes? Manufactured housing builders have made residential style homes since at least the 1980s. Buyers could always option in or do on-site whatever they wanted and can afford. It’s therefor a head fake, an apparent ruse that seemingly limits GSE lending to only a tiny sliver of the market that could already be served by modular coded factory-built homes, or by existing residential style HUD Code manufactured homes. This new class of homes is a costly waste of time, save for the fact that it diverts lower-cost financing. Who benefits from that fact? A monopolist, perhaps?

Never forget what MHI told the industry about ‘momentum’ last year, and all of their claimed promotions.  How are those working?


That’s our first episode of manufactured home Industry News, Tips, and Views Pros Can Use” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach for MHProNews.com.
Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. Connect with us on LinkedIn here and here.

Related Reports:

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Publicly Traded Manufactured Housing Firms – Which Source Do You Trust More? Why? MHI, MHARR, Others


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