50 States Manufactured Home Production, Shipments-Dec 2022 Report for Oct 2022, plus Fresh Census Info Yield Broad Manufactured Housing vs. Site Built Insights; plus MHVille REITs, Stocks Update

U.S.CensusBureauVisualizationOfManufacturedHousingShipmentsByStateVolumeOfHUDCodeManufacturedHomesMHProNews

The Institute for Building Technology & Safety‎ (IBTS) is contracted by the U.S. Department of Housing and Urban Development (HUD) to gather the data on production and shipments by state for HUD Code manufactured homes. So IBTS’ data is essentially HUD’s official data. Additionally, information obtained by MHProNews from the U.S. Census Bureau will provide a wealth of information useful for marketing, investing, public policy and advocacy purposes. These item will then be accompanied by a focused MHProNews analysis and commentary.

1). Official HUD Code Manufactured Home Production/Shipments Data for 10.1 to 10.31.2022.

MHProNews note: SW means “single wide” or more aptly, ‘single section’ manufactured home. MW means “multi-wide” or more aptly a multsectional manufactured home.

Institute for Building Technology & Safety‎

Shipments and Production Summary Report 10/01/2022 – 10/31/2022

Shipments
State SW MW Total Floors
Dest. Pending 27 23 50 73
Alabama 212 171 383 556
Alaska 6 0 6 6
Arizona 51 197 248 448
Arkansas 50 63 113 176
California 59 281 340 632
Colorado 56 24 80 104
Connecticut 11 7 18 25
Delaware 17 22 39 62
District of Columbia 0 0 0 0
Florida 292 511 803 1,325
Georgia 85 159 244 403
Hawaii 0 0 0 0
Idaho 13 34 47 82
Illinois 82 35 117 152
Indiana 145 69 214 283
Iowa 80 16 96 112
Kansas 69 7 76 83
Kentucky 101 177 278 455
Louisiana 152 97 249 346
Maine 51 52 103 155
Maryland 4 4 8 12
Massachusetts 5 13 18 31
Michigan 246 219 465 684
Minnesota 42 29 71 100
Mississippi 116 159 275 407
Missouri 76 53 129 182
Montana 12 32 44 77
Nebraska 20 8 28 36
Nevada 5 46 51 100
New Hampshire 20 26 46 72
New Jersey 14 21 35 56
New Mexico 84 87 171 258
New York 76 110 186 296
North Carolina 192 190 382 572
North Dakota 21 10 31 41
Ohio 182 87 269 356
Oklahoma 120 96 216 312
Oregon 16 111 127 244
Pennsylvania 101 111 212 323
Rhode Island 2 1 3 4
South Carolina 114 215 329 549
South Dakota 4 20 24 44
Tennessee 78 164 242 407
Texas 662 742 1,404 2,158
Utah 3 24 27 51
Vermont 8 10 18 28
Virginia 49 48 97 145
Washington 15 100 115 221
West Virginia 20 43 63 106
Wisconsin 55 34 89 123
Wyoming 10 5 15 20
Canada 0 0 0 0
Puerto Rico 0 0 0 0
Total 3,931 4,763 8,694 13,493

 

Production
State SW MW Total Floors
States Shown(*) 332 298 630 928
 Alabama 509 648 1,157 1,781
*Alaska 0 0 0 0
 Arizona 38 205 243 452
*Arkansas 0 0 0 0
 California 50 260 310 577
*Colorado 0 0 0 0
*Connecticut 0 0 0 0
*Delaware 0 0 0 0
*District of Columbia 0 0 0 0
 Florida 41 291 332 630
 Georgia 225 303 528 835
*Hawaii 0 0 0 0
 Idaho 22 107 129 244
*Illinois 0 0 0 0
 Indiana 661 342 1,003 1,345
*Iowa 0 0 0 0
*Kansas 0 0 0 0
*Kentucky 0 0 0 0
*Louisiana 0 0 0 0
*Maine 0 0 0 0
*Maryland 0 0 0 0
*Massachusetts 0 0 0 0
*Michigan 0 0 0 0
 Minnesota 45 61 106 167
*Mississippi 0 0 0 0
*Missouri 0 0 0 0
*Montana 0 0 0 0
*Nebraska 0 0 0 0
*Nevada 0 0 0 0
*New Hampshire 0 0 0 0
*New Jersey 0 0 0 0
*New Mexico 0 0 0 0
*New York 0 0 0 0
 North Carolina 181 208 389 602
*North Dakota 0 0 0 0
*Ohio 0 0 0 0
*Oklahoma 0 0 0 0
 Oregon 33 207 240 459
 Pennsylvania 266 342 608 951
*Rhode Island 0 0 0 0
*South Carolina 0 0 0 0
*South Dakota 0 0 0 0
 Tennessee 554 655 1,209 1,865
 Texas 974 836 1,810 2,657
*Utah 0 0 0 0
*Vermont 0 0 0 0
*Virginia 0 0 0 0
*Washington 0 0 0 0
*West Virginia 0 0 0 0
*Wisconsin 0 0 0 0
*Wyoming 0 0 0 0
*Canada 0 0 0 0
*Puerto Rico 0 0 0 0
Total 3,931 4,763 8,694 13,493

 

THE ABOVE STATISTICS ARE PROVIDED AS A MONTHLY  
SUBSCRIPTION SERVICE. REPRODUCTION IN PART OR  
IN TOTAL MUST CARRY AN ATTRIBUTION TO IBTS, INC.

 

(*) THESE STATES HAVE FEWER THAN THREE PLANTS.

FIGURES ARE AGGREGATED ON FIRST LINE ABOVE

TOTALS TO PROTECT PROPRIETARY INFORMATION.

 

Ashok K Goswami, PE, COO, 45207 Research Place, Ashburn, VA

 

II. Information obtained from the U.S. Census Bureau yields the following data set. After these facts, a Census Bureau “visualization” (graphic) that indicates at a glance the general volume of manufactured homes shipped into a given state.

Cost & Size Comparisons:
New Manufactured Homes and New Single-Family Site-Built Homes

 

  2021 2020 2019 2018 2017 2016
New Manufactured Homes
All1  
Avg. Sales Price  $ 108,100  $   87,000  $   81,900  $   78,500  $    71,900  $   70,600
Avg. Square Feet        1,497        1,471        1,448        1,438          1,426         1,446
Avg. Cost per Sq. Ft.  $     72.21  $     59.14  $     56.56  $     54.59  $      50.42  $     48.82
Single  
Avg. Sales Price  $   72,600  $   57,300  $   53,200  $   52,400  $    48,300  $   46,700
Avg. Square Feet        1,084        1,085        1,072        1,072          1,087         1,075
Avg. Cost per Sq. Ft.  $     66.97  $     52.81  $     49.63  $     48.88  $      44.43  $     43.44
Double  
Avg. Sales Price  $ 132,000  $ 108,500  $ 104,000  $   99,500  $    92,800  $   89,500
Avg. Square Feet        1,794        1,760        1,747        1,747          1,733         1,746
Avg. Cost per Sq. Ft.  $     73.58  $     61.65  $     59.53  $     51.26  $      53.55  $     51.26
Housing Starts vs. MH Shipments
(Thousands of Units)
New Single Family
Housing Starts        1,127           991           888           876            849            782
Percent of Total 91% 91% 90% 90% 90% 91%
Manufactured Home Shipments
Shipped           106             94             95             97              93             81
Percent of Total 9% 9% 10% 10% 10% 9%
Total        1,233        1,085           983           973            942            863
New Single-Family
Site-Built Homes Sold
(Home and Land Sold as Package)
Avg. Sales Price  $ 464,200  $ 391,900  $ 383,900  $ 385,000  $  384,900  $  360,900
Derived Average Land Price  $   98,296  $   83,303  $   84,485  $   87,253  $    91,173  $   82,491
Price of Structure  
Avg. Square Feet        2,544        2,527        2,518        2,602          2,645         2,650
Avg. Price per Sq Ft. (excl. land)  $   143.83  $   122.12  $   118.91  $   114.43  $    111.05  $   105.06
Manufactured Home Shipments
Total     105,772       94,390       94,615       96,555        92,902       81,136
Single-Section       44,755       42,578       42,930       44,979        46,305       38,944
Multi-Section       61,017       51,812       51,685       51,576        46,597       42,192
New Manufactured Homes Placed
(For Residential Use) 2021 2020 2019 2018 2017 2016
Located in Communities 51% 27% 31% 37% 32% 34%
Located on Private Property 49% 73% 69% 63% 68% 66%
Titled as Personal Property 77% 78% 76% 77% 76% 77%
Titled as Real Estate 19% 19% 19% 17% 17% 17%

 

  1 Includes manufactured homes with more than two sections.
Note: The Census Bureau has reviewed this data product for unauthorized disclosure of confidential information and has approved the disclosure avoidance practices applied.
          (Approval ID: CBDRB-FY22-278) the disclosure avoidance practices applied.
Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development, Survey of Construction,                         https://www.census.gov/construction/chars/;  https://www.census.gov/construction/nrc/xls/starts_cust.xls.
Source: U.S. Census Bureau and U.S. Department of Housing and Urban Development, Manufactured Housing Survey.

 

U.S.CensusBureauVisualizationOfManufacturedHousingShipmentsByStateVolumeOfHUDCodeManufacturedHomesMHProNews

Additional Information with More MHProNews Analysis in Brief

What too few industry professionals and numbers of association have paid public (published) attention to is the dramatic upswing in manufactured home shipments in 2021 into land-lease manufactured home communities.  See the highlighted datapoint from the Census Bureau, shown above as ranking at 51 percent.

  • A) Depending on the community operator involved, some are buying homes for mainly rental property purposes.
  • B) Other community owner/operators are more apt to be buying manufactured homes to fill a site where the home has/would be sold to a future manufactured homeowner.
  • C) Publicly traded examples of the above are UMH Properties and Manufactured Housing Properties for scenario A, and Equity LifeStyle Properties for B.
  • D) Each of those named publicly traded firms are members of the Manufactured Housing Institute (MHI), which has arguably aptly earned the nickname the Monopolistic Housing Institute (MHI) because they seem to be dominated by consolidators of the various sectors of the manufactured housing industry.  For evidence of that claim, a look at the investor pitch decks for various MHI member firms often makes that point in a subtle to bold manner. See Flagship Communities as an example. Earnings calls by publicly traded firms also reveals remarks that point to that assertion.
FlagshipCommunitiesLogoIPO-MHC.UsymbolSourceOffMarketManufacturedHomeCommunityAcquistionsNetworkingMHIconsolidateFragementedIndustryMHProNews
Several publicly traded firms are making similar statements, but this one happens to have a partner and co-founder a prior MHI chairman, and still MHI board member, Nathan Smith.
LaurieHoughEVP+CFOphotoSkylineChampionCorpSKYlogoQuoteSkylineChampionFocusedOnM+AConsolidationTopPriorityManufacturedHomeProNews
A publicly traded company with sufficient financial capacity, such as Skyline Champion, might well make a higher rate of return by developing a new plant that buying an existing one. In the community sector, a remark made by Sun Communities Gary Shiffman during an earnings call demonstrates the point that a better ‘rate of return’ can be earned for investors by developing a new community vs. buying an existing one. Such remarks ought to beg serious investigations as to the possible antitrust implications or possible SEC violations, among other legal risks. See the two reports linked below for more insights.
FrankRolfeMobileHomeUnivImpactCommunitiesGaryShiffmanSunCommunitiesCaseProperlyDevelopManufacturedHomeSitesPeopleProfitsPerformanceAffordableManufacturedHousingDoneCorrectlyMHProNews
https://www.manufacturedhomepronews.com/frank-rolfe-gary-shiffman-5-point-case-for-properly-developing-more-manufactured-home-communities-people-profits-performance-perspectives-and-affordable-manufactured-housing-done-correctl/
NoAssuranceInflationWillNotAffectOurFutureProfitabilityFinancialPositionCavcoIndustries10-QSolitaireDealMoreCVCODataSupremeCourtRuledSECRegsOnFalseOmittedRemarksMHProNewsLOGOpics
https://www.manufacturedhomepronews.com/no-assurance-inflation-will-not-affect-our-future-profitability-financial-positioncavco-industries-10-q-solitaire-deal-more-cvco-data-supreme-court-ruled-sec-regs-on-false-omitte/

But there are numerous questions that this surge in shipments into land lease communities begs for questions and candid answers.  For instance, were land lease communities often prioritized over street retailers in 2021? When earnings calls and other remarks/indicators reflect that publicly traded producers of manufactured homes have said that there is a high demand from communities which may buy similar homes in larger quantities that could allow for a ‘run’ of a specific floorplan, there are several possible motivations for producers to possibly unjustly favor a larger customer over a smaller one. But to the degree that may have occurred, such behavior has consequences too.

For instance, retail customers who are going onto private property may get put off for weeks or months longer than would otherwise be the case. Such retail clients are likely to have increased frustration and thus higher levels of dissatisfaction with sellers, i.e.: street retailers. While some of that may blow back on the factory supplying an independent, the brunt could fall on the retailer (a.k.a. ‘dealer’).  That retail’s profits are being delayed. Their floorplan limits may get stretched. Some retailers in frustration may sell out or close up and retire.

Because publicly traded firms, and other HUD Code manufactured home producers, often have their own retail arms (vertical integration that parallels serving independent retailers), the resale value of a retail center may be diminished. Clayton Homes has for some time offered certain independents a program that essentially converted an independent into a corporate owned center. In those cases, the former independent retailer turned-Clayton sales center could, per Clayton’s pitch, reduce their risk while still offering their ‘general manager’ (the former store owner) opportunities to make a good income with less personal financial risk.

This quilt work of various interests, pressures, and methodologies that are operating in MHVille all lead to pressure that reduces the number of independent sellers of HUD Code manufactured housing.  While the ‘slack’ may be picked up – for now – by communities, as communities move toward capacity in their occupancy, a production ‘wall’ may be hit in the foreseeable future. MHProNews raised that concern at the last MHI meeting attended in 2017. It is increasingly visible in the emerging data.

FixingErrataLincolnInstitutesLogoGeorgeW.MacMcCarthyPicCorrectsManufacturedHousingIndustryFactualRecordonManufacturedHomeCommunitiesPlusSundayWeeklyMHVilleHeadlinesRecapMHProNews
https://www.manufacturedhomepronews.com/fixing-errata-lincoln-institutes-george-w-mac-mccarthy-corrects-manufactured-housing-industry-factual-record-on-manufactured-home-communities-plus-sunday-weekly-mhville/

To the extent that investors in publicly traded companies are not being told about such risks of an approaching downturn, public firms are arguably shortchanging investors in potentially multiple ways.  A kind of reverse example of that is Legacy Housing, which has openly warned investors and those who read/listen to their statements that a ‘place to put’ challenge is upon the industry. Legacy Housing has responded to that place to put challenge by developing their own properties where Legacy Housing products can be placed for sale and/or other marketing/financial opportunities, such as possible leasing.

ChangesWillBenefitCustomersBoostSalesLegacyHomesCEODuncanBatesLEGHdelivered22.5%ReturnOnEquityIn1YrCorpQ3.2022InsightsAnalysisPlusMHVilleREITsStocksUpdateMHProNews
https://www.manufacturedhomepronews.com/changes-will-benefit-customers-boost-sales-legacy-homes-ceo-duncan-bates-legh-delivered-22-5-return-on-equity-in-1-yr-corp-q3-2022-insights-analysis/

Winners and losers inevitably emerge from this pattern. To the extent that MHI staff and board leaders could help the industry navigate these issues, but do not do so, they are increasing their respective risks for failing to fulfill their fiduciary responsibilities to all members. But because this is subtle and there are numbers of distractions, independents may or may not completely grasp the risk factors that are growing. Meanwhile, more producing companies have embraced some level of vertical integration – i.e.: their own company owned sales centers – that may parallel the sales made by independents.

The Census Bureau data posted above clearly shows that manufactured home production is only operating at about 9 to 10 percent of single-family housing starts in recent years. But at various times in the past, manufactured housing achieved far higher levels of new housing starts in market share. See figure 2 below, produced by the National Association of Realtors Scholastica “Gay” Cororaton, CBE.

NationalAssocRealtorNARDataScholasticaGayCororatonBerkshireHathawayEraManufacturedHousing
https://www.manufacturedhomepronews.com/affordable-manufactured-housings-puzzling-contemporary-condition-revealed-by-quotable-quotes-from-residents-professionals-expert-researchers-advocates-public-officials-graphics-and-repo/

The bottom lines? There are candidly numbers of possible takeaways. They are explored in reports linked herein.

Pew Research Manufactured Home Financing Data Reveals Harm from Enough Federal Lending Shuts Out Many Prospective Buyers-Concerns on Berkshire Owned MHLenders, Manufactured Housing Institute

December’s Manufactured Housing Production Report for October 2022 Data Reveals Trend Shift – What Latest Facts Reflects on MHARR’s and MHI’s Respective Messaging, Efforts

But what is certain is that the manufactured housing industry is operating at far below its actual potential to meet the needs of the growing affordable housing crisis. When some 9 million younger individuals moved back into their parents’ home in 2022 alone, due in large part to a lack of affordable housing, that spells both problems and opportunities.

Unfortunately, at this point, there is little indication that MHI intends to do its part to maximize those opportunities. Nor are there clear signals by some of their dominating brands that they want to see the commonsense changes to be made which might alleviate the risks described while potentially maximizing rewards. That implies that risks for investors, smaller companies, and potentially MHI itself are all rising. See the various linked reports to learn more.

Fears of Future – MILLIONS of Millennials Move Back in 2022 with Parents-Facts, Top Reasons, and Possible Silver Lining for Manufactured Housing Pros, Investors; plus MHVille REITs, Stocks Update

Has the Manufactured Housing Industry Become a Target-Rich Environment for Plaintiffs’ Attorneys? Facts, News & Views; plus, Sunday Weekly Manufactured Home Industry (MHVille) Headlines Recap

Consumers ‘Fears for the Future’-Mortgage Payments Surge Since 2021, Buyers Get Priced Out–Conventional Housing Woes are Manufactured Home Pro Opportunities; plus MHVille REITs, Stocks Update

RileyMooreWVBlackrockWokeCapitalismEconomicExtortionCouldDestroyUS.FreeMarketCapitalismMayViolateFiduciaryDutyToShareholdersAntitrustLawsPlusMHVilleStocksUpdateMHProNews
https://www.manufacturedhomepronews.com/riley-moore-blackrock-woke-capitalism-economic-extortion-could-destroy-u-s-free-market-capitalism-may-violate-fiduciary-duty-to-shareholders-antitrust/

How Long a Prison Term May Some Manufactured Housing Execs Get from Successful Prosecution? Law360 Clue-11 & 13 Year Prison Terms for Convicted Corp Criminal Fraud; plus MHVille REITs, Stocks Update

Manufactured Housing Properties-Results for Three and Nine Months Ending September 30.2022–Exploring ‘Mobile Home Park’ Manufactured Home Community Investing; plus MHVille REITs, Stocks Update

StrommenQuoteInMidsaatOfAffordableHousingCrisisPerniciousForcesConsolidatingPowerIncestousSymbiosisMonopolizationManufacturedHousingMHProNews
https://www.manufacturedhomelivingnews.com/strommen-felony-conspiracy-case-monopolization-of-affordable-manufactured-housing-and-manufactured-home-communities-rube-goldberg-machine-of-human-suff/
CornellLawSchoolLegalInformationInstituteShermanAntitrustRestraintOfTradeIllegalPenaltiesMHProNewsQuote
https://www.manufacturedhomepronews.com/no-kings-in-america-john-sherman-speaks-to-manufactured-housing/ Note: depending on your browser or device, many images in this report can be clicked to expand. Click the image and follow the prompts. To return to this page, use your back key, escape or follow the prompts.
MonopolisticHousingInstParodyManuHousngInstLogoClaytonHomesCavcoIndustriesSkyChampionLOGOsStrommenKnudsonQuoteMHIMouthPieceBig3RestrainTradeShouldNotGetNOERRprotecionQuote
Is it any wonder that MHI is – when compared to MHARR – a revolving door for higher level staffers? Perhaps as MHI staffers begin to realize the potential legal, career, and reputational risks, is it a surprise that they exit to seek other opportunities? Of if MHI’s corporate leaders may sense less than total support for unstated agendas in a staffer, is it a surprise that they exit some of them to try to find more loyalty to their often self-contradictory behaviors? https://www.manufacturedhomelivingnews.com/strommen-felony-conspiracy-case-monopolization-of-affordable-manufactured-housing-and-manufactured-home-communities-rube-goldberg-machine-of-human-suff/

 

Daily Business News on MHProNews Markets Segment

The modifications of our prior Daily Business News on MHProNews format of the recap of yesterday evening’s market report are provided below. It still includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines. The macro market moves graphics will provide context and comparisons for those invested in or tracking manufactured housing connected equities.

In minutes a day readers can get a good sense of significant or major events while keeping up with the trends that are impacting manufactured housing connected investing.

Reminder: several of the graphics on MHProNews can be opened into a larger size. For instance: click the image and follow the prompts in your browser or device to OPEN In a New Window. Then, in several browsers/devices you can click the image and increase the size. Use the ‘x out’ (close window) escape or back key to return.

 

DowJones-ManufacturedHomeCommunitiesMobileHomeParksFactoriesProductionSuppliersFinanceStocksEquitiesClosingDataYahooFinanceLogo12.13.2022

 

Headlines from left-of-center CNN Business – from the evening of 12.13.2022

  • ‘Personal piggy bank’
  • Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, during an interview on an episode of Bloomberg Wealth with David Rubenstein in New York, US, on Wednesday, Aug 17, 2022.
  • Live Updates: How SBF allegedly used his hedge fund to buy condos, support political campaigns, and make private investments, SEC says
  • Damian Williams, United States Attorney for the Southern District of New York.
  • Live Updates: ‘One of the biggest financial frauds in American history’: US attorney lays out fraud charges against Sam Bankman-Fried
  • Samuel Bankman-Fried, founder and CEO of FTX, testifies during a Senate Committee on Agriculture, Nutrition and Forestry hearing about “Examining Digital Assets: Risks, Regulation, and Innovation,” on Capitol Hill in Washington, DC, on February 9, 2022.
  • Live Updates: SBF diverted ‘billions’ in customer assets to Alameda even as companies came unraveled
  • UNITED STATES – MAY 12: Sam Bankman-Fried, CEO of FTX US Derivatives, testifies during the House Agriculture Committee hearing titled Changing Market Roles: The FTX Proposal and Trends in New Clearinghouse Models, in Longworth Building on Thursday, May 12, 2022. (Tom Williams/CQ-Roll Call, Inc via Getty Images)
  • FTX founder indicted on eight criminal charges including fraud and conspiracy
  • OJ prices are rising: Florida orange production expected to fall to lowest level in over 80 years
  • Airbnb finds people have more trouble booking stays if hosts think they are Black
  • An employee scans a customer’s food items at the check-out desk inside a Caprabo SA supermarket in Barcelona, Spain, on Friday, Nov. 4, 2022. Soaring prices continue to weigh on activity in the euro zones fourth-biggest economy.
  • Inflation is finally falling. But the days when prices rose just 2% may never return
  • The Sears Hometown Store in Mountain Home recently added the words ‘Hometown Store’ to the building’s signage as a way to help differentiate itself from its corporate namesake.
  • Sears Hometown files for Chapter 11 bankruptcy protection
  • LIVE UPDATES
  • Adobe Stock
  • Coinbase plunges despite crypto comeback
  • Live Updates: Here’s how much inflation costs the average US household each month
  • Lawmakers introduce bill to ban TikTok
  • Inflation may be easing, but grocery prices are still way up
  • Inflation cooled more than expected in November
  • What to expect from the Fed meeting
  • How the Fed could do a smaller rate hike and still upset markets
  • South Korea says crypto fugitive Do Kwon is hiding in Serbia
  • Former Twitter official forced to leave home due to threats amid ‘Twitter Files’ release
  • United orders 200 Boeing planes, giving two troubled jets a vote of confidence
  • Elon Musk says Trump didn’t violate Twitter’s rules. The truth is complicated
  • Analysis: Analysis: Right-wing outlets are treating Elon Musk’s ‘Twitter Files’ as a bombshell. Here’s the truth
  • Hong Kong scraps some restrictions for travelers, ends contact tracing
  • Subaru recalling 270,000 SUVs due to fire risk
  • Ford F-150 Lightning named MotorTrend Truck of the Year, the second electric pickup in a row

 

YahooFinanceLogo9ClosingStocksEquitiesBroaderMoneyMarketInvestmentIndicatorsGraphic12.13.2022MHProNews
In the business world, the rear-view mirror is always clearer than the windshield.” – Warren Buffett. That begs a key question. Why don’t more people LOOK at the rearview mirror so they can learn more about the patterns that influence what’s ahead? Note: depending on your browser or device, many images in this report can be clicked to expand. or example, in some browsers/devices you click the image and select ‘open in a new window.’ After clicking that selection, you click the image in the open window to expand the image to a larger size. To return to this page, use your back key, escape or follow the prompts. https://www.manufacturedhomepronews.com/in-the-business-world-the-rear-view-mirror-is-always-clearer-than-the-windshield-warren-buffett-mhville-leader-showcases-efforts-to-renew-american-dream-plus-sunday-weekly/

Headlines from right-of-center Newsmax 12.13.2022   

  • GOP Lawmakers Introduce Resolution Blocking VA-Performed Abortions
  • Newsmax TV
  • Cammack: Biden WH Never Had Plan on Border Crisis | video
  • Meuser: Recession Seems Certain | video
  • Ex-Trump EPA Official: Nuclear Fusion Breakthrough ‘Huge’ | video
  • Blackburn: Social Media ‘Elites’ Censor Conservatives | video
  • Davidson: ‘Happy’ Bankman-Fried Arrested | video
  • Kevin McCarthy: Why Did 51 Spies Lie About Laptop? | video
  • Comer: Musk ‘Welcome’ to Testify About Collusion | video
  • Noem: Working Hard to Protect S.D. From China | video
  • Newsfront
  • 6 Panel’s Monday Referral Vote May Reveal Targets
  • The House Jan. 6 Committee will vote on its report and its referrals at 1 p.m. Dec. 19, according to its chair, Rep. Bennie Thompson, D-Miss., potentially revealing the targets, Politico reported… [Full Story]
  • Wall St Rises on CPI Data But Fed Concerns Persist
  • S. stocks rose Tuesday after a surprisingly small consumer price [Full Story]
  • Lionel Messi, Argentina Reach World Cup Final in Qatar
  • Two goals by swashbuckling striker Julian Alvarez and a Lionel Messi [Full Story]
  • US Planning to Ship Patriot Missile Defense System to Ukraine
  • Plans by the U.S. to send the Patriot Missile Defense System to [Full Story]
  • Related
  • Zelenskyy: Putin’s Death Would End War
  • Some EU States Formally Express Concerns Over Macron’s Russia Comments: Diplomats
  • US Sends First Shipment of Power Gear to Aid Ukraine
  • Zelenskyy Pushes G-7 for Winter Global Peace Summit
  • Netherlands Willing to House Special Court for Russia Invasion of Ukraine, Minister Says
  • Released Viktor Bout Praising Russia for War in Ukraine
  • Rolling Red Carpet to Africans, US Warns of ‘Destabilizing’ China, Russia
  • The United States warned Tuesday that China and Russia were [Full Story]
  • Navy Views Drones as Crucial for War on the Waves
  • Navy Views Drones as Crucial for War on the Waves
  • The U.S. Navy sees unmanned surface and underwater vessels as a key [Full Story] | Platinum Article
  • Lankford Threatens to Delay DOD Nominations Over Vaccine Mandates
  • James Lankford, R-Okla., pledged this week to block any of [Full Story]
  • Related
  • DeSantis Wants Grand Jury to Probe Vaccine ‘Wrongdoing’
  • Study: Two Years Later, COVID-19 Vaccines Saved 3 Million US Lives
  • Biden State Dinner Highlights Plight of Maine Lobstermen
  • President Joe Biden hosted his first state dinner for visiting French [Full Story] | Platinum Article
  • McConnell: ‘We’re Very Close to Getting an Omnibus’
  • While the incoming House Republican majority is urging Senate [Full Story]
  • GOP Sen. Joni Ernst Defends Gay Marriage Vote Amid Backlash from County Groups
  • Joni Ernst, R-Iowa, stands by her vote approving the “Respect [Full Story]
  • NBA Renames Its MVP Trophy After Michael Jordan
  • Amid moves by the NBA to make changes to the honors it gives out each [Full Story]
  • Giménez Asks Musk to Move Twitter to Miami
  • Carlos Gimnez, R-Fla., sent a letter on Monday asking Elon Musk [Full Story]
  • USA Today Poll: DeSantis Tops Trump by Double Digits
  • Republicans back Florida Gov. Ron DeSantis over former President [Full Story]
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Yahoo-ManufacturedHomeCommunitiesMobileHomeParksFactoriesProductionSuppliersFinanceStocksEquitiesClosingDataYahooFinanceLog12.13.2022MHProNews
In instances such as Apollo, Berkshire Hathaway, Blackstone or others, manufactured housing may only be part of their corporate interests. Note: depending on your browser or device, many images in this report and others on MHProNews can be clicked to expand. Click the image and follow the prompts. For example, in some browsers/devices you click the image and select ‘open in a new window.’ After clicking that selection you click the image in the open window to expand the image to a larger size. To return to this page, use your back key, escape or follow the prompts.

====================================

  • NOTE 1: The 3rd chart above includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry finance lender
  • NOTE 2: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
  • NOTE 3: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm.  Thus, there is still periodic activity on DVLY.
  • Note 4: some recent or related reports to the equities named above follow.

Manufactured Housing Properties-Results for Three and Nine Months Ending September 30.2022–Exploring ‘Mobile Home Park’ Manufactured Home Community Investing; plus MHVille REITs, Stocks Update

Manufactured Housing’s Next BIG Regulatory Battle That MHARR’s Spotlighted and Which MHI Conveniently Ignored in Recent ‘Manufactured Housing Institute News;’ plus Sunday Weekly Headlines Recap

‘Changes Will Benefit Customers,’ Boost Sales-Legacy Homes CEO Duncan Bates – LEGH ‘Delivered 22.5% Return on Equity in 1 Yr’ – Corp Q3 2022 Insights, Analysis; plus MHVille REITs, Stocks Update  

‘No Assurance Inflation Will Not Affect Our Future Profitability Financial Position’=Cavco Industries 10-Q, Solitaire Deal, More CVCO Data; Supreme Court Ruled-SEC Regs on False-Omitted Remarks

Skyline Champion Provides Quarterly Results, Adding Retail Centers, Improved Delivery Times-CEO Mark Yost Says ‘Can Outperform Conventional Housing’ Explored; Plus MHVille REITs, Stocks Update

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Triad Financial Services Q2-2022 FINANCIAL RESULTS, per ECN Capital – Several Bright Spots in Manufactured Home Market Highlighted, Including Communities, Retail, Land-Home, Floor; MHStocks Update

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Manufactured Home Communities (a.k.a. ‘Mobile Home Parks’ – SIC) – Exploring UMH Properties; Fellow Manufactured Housing Institute Member Yes! Communities Suits and Settlements; plus MH Markets Updates

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CTAttorneyGeneralWmTongItsCriminalAndItsElderAbuseSunCommunitiesInLatestPrivateEquityMHVilleDramaInvolvingMajorManufacturedHousingInstituteMemberFactsAnalysisMHLivingNews
https://www.manufacturedhomelivingnews.com/attorney-general-wm-tong-its-criminal-and-its-elder-abuse-sun-communities-in-latest-private-equity-mhville-drama-involving-major-manufactured-housing-institute-me/

2022 Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.

Disclosure. MHProNews holds no positions in the stocks in this report.

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That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)

CongRepAlGreenDeskTamasKovachLATonyKovachPhoto12.3.2019ManufacturedHomeProNews
All on Capitol Hill were welcoming and interested in manufactured housing related issues. But Congressman Al Green’s office was tremendous in their hospitality. Our son’s hand is on a package that included a copy of the Constitution of the United States and other goodies. Tamas has grown considerably since this photo was taken. 

By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards and honors and also recognition in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position and may or may not reflect the views of sponsors or supporters.

 

 

 

 

 

 

 

Manufactured Home Production Growth Continues in September 2022, per Manufactured Housing Association for Regulatory Reform-Added Facts, Analysis, plus MHVille REITs, MH Connected Stocks Update

Consumers ‘Fears for the Future’-Mortgage Payments Surge Since 2021, Buyers Get Priced Out–Conventional Housing Woes are Manufactured Home Pro Opportunities; plus MHVille REITs, Stocks Update

 

 

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