The Daily Business News began our coverage last week of Hurricane Harvey and the likely damage it will cause. As Texas, FEMA, NGOs and private citizens begin to assess and respond, the need to house potentially hundreds of thousands of Americans in Texas and Louisiana will become evident. If you’re …
What Will Cost Be For Hurricane Harvey’s Recovery? Read More
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 of Housing and Urban Development (HUD) announcement Wednesday. At a seasonally adjusted …
“I’ve always believed there must be a way to get better quality and build quicker,” says Tom Bloxham, chief executive of Urban Splash. The need for more affordable housing in London has been more apparent since the Grenfell Tower fire, according to City Metric. That globally publicized fire tragedy caused …
What Americans May Learn from Brits – Prefab and Modular Housing in London, Major Cities Read More
Texas is meeting Hurricane Harvey. Currently a Category 2, per the NOAA, it is set to do billions of dollars in property damage. Hurricane Harvey is threatening Texan’s and nearby coastal states with torrential rainfall and flash flooding. The heavy rains from the storm are expected to continue, perhaps until …
“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. In addition, homeownership can “change the trajectory of neighborhoods,” she added. Homeownership is a dream that for many Americans …
Homeownership Rates in U.S. Compared to Top 50, MHI’s Idea Revisted Read More
40 percent of American households make less than $25,000 annually in 2015, according to numbers from the National Wage Index. A recent report by Pew Research found that income volatility – fluctuation in income whether monthly, annually, or both – affects those with lower incomes more than others. Income volatility, …
Manufactured Housing Institute (MHI) Senior Vice President Lesli Gooch, Ph.D. – following the lead of months of Daily Business News reports – recently said, “With the national homeownership rate at a 50-year low, rents increasing at a rapid pace, and mortgage credit still tight, a key focus in Washington should …
Sparks Fly as MHI’s Lesli Gooch Weighs in, MHARR’s Mark Weiss Says, “Fake News!” Read More
“It’s the manufactured housing industry’s other image campaign,” as Marty Lavin, JD, has called the mass media’s reporting on the manufactured housing industry. The MHProNews often tries to bring other media or publication’s errors or misunderstandings and spin. A recent example of this is the critique of an article out …
Fighting Fake Manufactured Home News: Fisking OZY Media’s ‘Trailer Park Nation’ Read More
“The terminology [about factory-built housing] matters, because the terminology defines the construction standard.” – Steve Duke, JD. (3) Any time you speak or write, using the proper terminology is one of the most important things you can do. Using the wrong term, or an outdated phrase, can make what would …
Your Words Matter: Proper Terminology for Factory Built Homes Read More
“The nation lacks enough affordable housing for hard-working families,” said Granger MacDonald, chair of the National Association of Home Builders (NAHB). As was previously reported at this link here, “Worst Case Housing Needs 2017 Report to Congress” was recently released by the Department of Housing and Urban Development (HUD). It …
What Makes a “Worst Case” Renter? What’s Happening in Washington to Address Their Needs? Read More
Small businesses are the heart of America. So says an infographic from InsuranceQuotes shared by Visual Capitalist. The Daily Business News routinely seeks to share interesting resources, reports and data. So readers have noted our referencing the Visual Captialist before. But fact-checking data is a key part of all good …
North Korean War talk continues to cast a shadow for some investors, see that report from yesterday, linked here. But some insiders say that Kim Jung un isn’t about to blow his billionaire lifestyle by actually doing what he threatens. Time will tell. Meanwhile, White House press memos to MHProNews …
RHP Closes on 2 More Manufactured Home Communities, Mixed Market Update Read More
The talk about North Korea has investors taking profits. How real are those concerns? How well prepared is the U.S.? Expert video reports below are focused on that hot topic that is moving the markets. If you’re new, already hooked on our new spotlight feature – or are ready to …
Market$ Tumble, Polls Reflect Fear, Related Video Reports, MH Market Updates Read More
Debt ratios are a key element of what is needed to get qualified for a manufactured home, or other housing loans, as veteran industry professionals know. So rising revolving debt raises a warning flare. Credit card debts in the United States have reached an all-time high at $1.021 trillion. That …
Report – Rising Debt, Will it Derail Housing Recovery? Read More
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 owning, but often struggle to find that a real possibility in the current site-built market. The manufactured housing industry can offer a …
Generational Buyers, Millennials, Boomers & Manufactured Homes Read More
Low cost labor. Human rights. Given manufactured home communities that have significant numbers of illegals. The impact on depressing U.S. citizen’s wages caused by the presence of millions from “south of the border.” With all the talk of President Trump’s plans to deport illegal immigrants, the Center for Immigration Studies …
Support or Deport – Which Costs U.S. Taxpayers More? Read More
It could prove to be one of the most controversial, witty, sarcastic, and challenging commentaries of the year about the state of the modestly growing manufactured housing industry. The title MHI award-winning Marty Lavin has chosen isn’t “Make MH Great Again.” But that’s precisely what his unstated theme is. Lavin …
“Potential home sellers in today’s market are caught in a Catch-22. While it’s the most profitable time to sell in a decade, it’s also extremely difficult to find another home to purchase, which is helping to keep homeowners in their homes longer before selling,” said Daren Blomquist, Senior Vice- President …
ATTOM Data’s Blomquist Spotlights Manufactured Housing Opportunities Read More
“Tony, congratulations on 8 fantastic years and cheers to many more!” said Stephanie McAnuff. In August, 2009, the groundwork for what has become MHProNews and MHLivingNews was started. Thanks to social media, such as LinkedIn, words of congratulations and encouragement are coming in daily. While many keep it simple, “Congrats!” …
The mainstream media has spent a lot of time debating on how the new 45th president is doing since his inauguration in January. While many pundits focus their energy on arguing about elusive claims of Russian involvement in his victory last November, or what the Trump Administration would call distraction …
President Donald Trump’s First 6 Months Impact on Economy in 9 Charts, Just the Fact$ Read More
