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2019 Year-End Totals Reveals Decline in New HUD Code Manufactured Home Production, Shipments vs. 2018

2019YearEndTotalsRevealsDeclineInNewHUDCodeManufacturedHomeProductionShipmentsMHProNews

This report will provide the following details.

 

  • Part I) Newly released data gathered on behalf of the Department of Housing and Urban Development (HUD) as reported by the Manufactured Housing Association for Regulatory Reform (MHARR).
  • Part II) A recent statement by the Manufactured Housing Institute (MHI) with respect to new manufactured home shipment trends. 
  • Part III) MHProNews – Related Facts, Analysis and Commentary

With that outline, let’s dive in.

 

Part I: Latest HUD Code Manufactured Home Production Shipment Data

AnnualHUDCodeManufacturedHomeProductionDeclines2019vs.2018AnnualTotalsMonthlyTotalsManufacturedHousingAssocRegulatoryReformMHARRMHProNews

The following comments came from MHI’s recent plug of their upcoming fundraiser, err, annual event. It read as follows after our Part II heading.

 

Part II: Manufactured Housing Institute (MHI) Recent Comments

Opening Session Announced

Growing the Market

ExtendedQuoteSymbolSBManufacturedHomeProNews
Quote from MHI email to their member/readers on January 31, 2020.

Join the CEO’s of Cavco, Clayton Homes and Skyline Champion as they take the main stage to discuss “Growing the Market” during our opening session at the 2020 MHI Congress & Expo.

After a 9 consecutive years of production and shipment growth the manufactured housing industry has leveled off. These manufacturing leaders will discuss their strategies on growing the market including expanding existing and developing new communities. They’ll also share how CrossMod homes are beginning to penetrate new markets that have previously restricted manufactured homes and the opportunity CrossMod homes represent for the industry to expand beyond 10% of the single-family housing market.

Panelists:

  • Bill Boor, President and CEO, Cavco
  • Kevin Clayton, CEO, Clayton Homes
  • Mark Yost, President and CEO, Skyline Champion

Register today to come and network, learn and connect with manufactured housing professionals.

 

 

##

What the above fails to mention is that other aspects of conventional housing are growing. See the latest data on that in the report linked below.

Manufactured Housing Comparisons – Data Sets Vs. Existing and New Single-Family Housing Sales, RVs, Auto Facts – Potent Insights for MH Professionals, Investors

 

Part III MHProNews Facts, Analysis and Commentary

MHI’s statement above about shipments being “flat” is not accurate. MHI has contradicted their own prior statement below. New manufactured home shipments declined. Recall their prior statement below.

 

ManufacturedHousingInstituteLogoMHILogoQuoteShipmentsDownPotentialHighManufacturedHomeProNews
MHI’s own recent admission that shipments are in decline logically debunks their claim of ‘momentum.’

 

Further recall the stills below from the MHI video which touted their accomplishments, momentum and success which has, as predicted, now been removed from the MHI home page.

ManufacturedHousingInstituteLogoMHILogo2018VideoStillManufacturedHomeProNewsFactCheckAnalysis
To see full size, click to download, and then open.

Then, ponder the MHI ‘razzle dazzle’ tactic of photo opportunities and similar video ops – exemplified at this link here – with public officials of either major party. That demonstrates their access.  The recent bus tour stop at a Clayton Homes plant in Alabama further sheds light on the conflicted messages that are flowing from both HUD, MHI and Clayton Homes. Call it spin, gaslighting, manipulation or whatever. But the stark reality is that MHI has failed to do what they claimed would occur in their 2018 video above. If one believes MHI’s claims above – taking them at face value – what it proves is that their efforts have backfired. That’s further demonstrated by the latest data. It is also reflected in the Zillow research that MHLivingNews spotlighted in the report below.

ZillowHomeBuyerTrendsComparedConventionalTownhouseMobileManufacturedHomesCondoesDuplexesMHLivingNews
https://www.manufacturedhomelivingnews.com/zillow-home-buyer-trends-compared-conventional-townhouse-mobile-or-manufactured-homes-condos-and-duplexes/

 

There is only one trade publisher focused on manufactured housing that has systematically laid out the evidence of how manufactured housing has been subverted by a combination of forces inside the industry and from professionals at HUD, FHFA or others that have failed to enforce existing laws. One of several examples of how that has been accomplished is the report and evidence provided below. 

 

PrimaFacieCaseRichardJennisonTimWilliamsKevinClaytonTomHodgesPhotoManufacturedHousingInstitute21stMortgClaytonHomesLogoEtAlManufacturedHomeProNews
https://www.manufacturedhomepronews.com/masthead/prima-facie-cases-against-manufactured-housing-institute-richard-a-dick-jennison-tim-williams-21st-mortgage-kevin-clayton-tom-hodges-clayton-homes-et-al/
CongresswomanMaxineWatersCA-43-D-FTWarrenBuffettCastleMoatComingEpicAffordableHousingFinanceClashChairWatersVsBuffettClaytonHomesManufacturedHomeLivingNews
https://www.manufacturedhomelivingnews.com/coming-epic-affordable-housing-finance-clash-chair-maxine-waters-vs-warren-buffett-clayton-homes-historic-challenges-ahead/

To see examples of laws not being enforced, see the related reports above and below.

FHFA-GSEsHighCostMinoritiesAllAmericansDueAssertedFailureFollowDutyToServeAffordableHousingExistingFederalLawsManufacturedHomeMast
https://www.manufacturedhomelivingnews.com/fhfa-gses-high-cost-to-minorities-all-americans-due-to-asserted-failures-to-follow-duty-to-serve-affordable-housing-existing-federal-laws/
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When MHI:

  • fails to advise their members of a series of problematic issues that are heading toward ‘white hat independents’ (see examples, linked below)
  • fails to enforce their own so-called Code of Ethical conduct, which means that prominent MHI members are sparking negative media, and fueling the call for new laws that may harm industry independents,
  • then the reasons why NAMHCO and others breaking ranks publicly with MHI becomes more evident.
NealTHaneyNAMHCO-MHCAQuoteReasonsBrokeFromManufacturedHousingInstituteManufacturedHomeProNews
All such quotes should not be construed as a blanket endorsement of all that a person or organization has said or done. Rather, with quotes or other references, we apply the principle of separating the wheat from the chaff. There are good reasons to source insights and relevant comments across an array of topics and viewpoints.

 

Ironically, Tim Williams arguably was correct when he said that what the industry should do is debunk every inaccurate statement. That being so, why have they created a new class of homes instead of defending the reputation of millions of good existing manufactured homes?

TimWilliams21stMortgageCorpGoodArgumentsQuoteRespondEveryStoryDailyBusinessNewsMHproNews

Ponder that, contrast that with what MHI has actually been doing for years. As the industry has stalled, consolidation has continued at discounted valuations.  Follow the money to see who has benefited, why and how. Pay more attention to the results than to the posturing and claims that are being made by the Omaha-Knoxville-Arlington axis.

Followthemoneypaymoreattentiontowhatpeopledothanwhattheysaymartylavin6millionyachtmanufacturedhousingindustrydailybusinessnewsa 600 575x345

There are reasons why some insider provided MHProNews the documents below tied to MHI and their new CEO.

Whistleblower’s Documents on Lesli Gooch – Manufactured Housing Institute CEO – New Discoveries

There are reasons why MHI and the members of the Omaha-Knoxville-Arlington axis won’t address these allegations, troubling facts, and in-your-face evidence.

Clayton Homes, 21st Mortgage, MHVillage, Manufactured Housing Institute Leaders Challenged

Nothing will change until it is challenged and the status quo is fundamentally addressed and properly corrected.

MobileHomeShipmentHistoryPercentageAllSalesRealtorU-NARManufacturedHomeShipmentsNewHousingStartsPercentageManufacturedHomeProNews

MHShipmentProductionBloombergManufacturedHousingIndustryJune2019ManufacturedHomeProNews
Since Buffett bought Clayton and other pieces of the manufactured housing industry, the industry is actually selling fewer new homes today than in 2003. How is that possible during an affordable housing crisis? Given Buffett’s assets, the BH Media Group, and some $128 billion liquid assets, doesn’t it seem logical that manufactured housing is underperforming because that is what Buffett and company want at this time?
IllustrationForFederalOfficialsWarrenBuffettCastleMoatMHProNews
BH Media group is going to be spun off. See that report linked here.
Manufacturedhomesgao2014reprotcompareapartmentssinglefamilysitebuilthousingmanufacturedhomesmhlivingnews 575x320
MHProNews has provided the data for years that should point to the factual evidence of why the industry could and should be growing robustly. If MHI’s leadership is so impressive, why has the industry’s production declined? They can’t have it both ways.

To dig deeper in the related reports further below. wrap on this installment of manufactured home “Industry News, Tips and Views Pros Can Use © – MHVille’s runaway #1 news source, where “We Provide, You Decide.” © (News, fact-checks, analysis, and commentary.) Notice: all third party images or content are provided under fair use guidelines for media. SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNews

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

 

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CHECKLIST

 

Attorney General Tom Miller Slams “Predatory” Manufactured Home Community Operators, plus Manufactured Housing Investing, Stock Updates

Complaints to State and Federal Officials, Agencies About Corrupt Practices in Manufactured Housing Industry Growing

 

Congresswoman Rips Frank Rolfe, Dave Reynolds, Havenpark for “Troubling,” “Predatory,” “Deceptive” Practices, Calls for Federal Investigations

ImpactCommunitiesFrankRolfeDaveReynoldsPhotosTaugtMobileHomeULogoManufacturedHousingInstituteLogoNationalCommunitiesCouncilNCCLogoMHLivingNews
https://www.manufacturedhomelivingnews.com/impact-communities-what-frank-rolfe-dave-reynolds-taught-beyond-mobile-home-u-manufactured-housing-institute-and-national-communities-council/
CopyJanuary2020MHProNewsInterviewMHARRPresidentCEOMarkWeissManufacturedHomeProNews
https://manufacturedhousingassociationregulatoryreform.org/exclusive-insights-on-controversies-interview-with-25-year-industry-leader-mark-weiss-president-ceo-of-the-manufactured-housing-association-for-regulatory-reform-mharr/
MHARRCallsonFHFAJoinIncreasingDemandsforCongressionalOversightManufacturedHomeProNews
https://manufacturedhousingassociationregulatoryreform.org/mharr-calls-on-fhfa-to-join-increasing-demands-for-congressional-oversight/
IncredibleShrinkingZoningProblemManufacturedHousingAssocRegulatoryReformIssuesPerspectivesSept2019
https://manufacturedhousingassociationregulatoryreform.org/the-incredible-shrinking-zoning-problem-september-2019-mharr-issues-and-perspectives/
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