Clayton Homes (BRK). Skyline Champion (SKY). Cavco Industries (CVCO). Plus the other ‘top ten’ HUD Code manufactured home builders shown below. The question of market share as it relates to manufactured housing production, finance, retail, and manufactured home land lease communities has been raised by public officials, mainstream media, various …
Left-of-center CNBC report a surge in sales for conventional housing. The ‘bad news’ is that housing starts are down for a variety of reasons that include coronavirus related impacts. While sales of newly built, single-family homes were nearly 13% higher annually, single-family housing starts in May were close to 18% …
“Those who cannot remember the past are condemned to repeat it.” – George Santayana, from “The Life of Reason.” “We study history in order to understand the present and prepare for the future. Because anything that’s happened before can happen again.” – James Clyburn (SC-D), House Majority Whip and former …
The CNN Business headline on this topic tonight reads, “Home sales plunged again in May.” On Fox Business, their similar headline states “Home sales plunge in third straight monthly drop to lowest level in 9+ years.” Those may ‘technically’ be true but are still arguably misleading. Why? Because a deeper …
BusinessWire, a Berkshire Hathaway subsidiary that handles press releases, reported on June 17, 2020 about “an approximately $36 million bridge loan for the acquisition and redevelopment of Hollywood Backlot Homes, a 10-acre manufactured home community aimed at fulfilling demand for attainable housing options in the Los Angeles market.” The BusinessWire …
7 Figure Manufactured Home Community Deal in LA “Opportunity Zone” Raises Questions Read More
From Christoph Sandoval in San Francisco is this “Change the Battleground” lesson from the battle in nature between the eagle vs. the snake. “The Eagle does not fight the snake on the ground. It picks it up into the sky and changes the battle ground, and then it releases …
“The Awake Security Threat Research Team has uncovered a massive global surveillance campaign exploiting the nature of Internet domain registration and browser capabilities to spy on and steal data from users across multiple geographies and industry segments. If anything, the severity of this threat is magnified by the fact that …
“I’m worried about a number of things going into the election,” Attorney General William “Bill” Barr said in a teaser video for an interview to be aired Sunday morning with Fox Business anchor Maria Bartiromo. “One, the censorship of robust debate. I’m also worried about undermining the public confidence in …
“There is no room in the hallowed halls of Congress … for memorializing men who embody the violent bigotry and grotesque racism of the Confederacy,” House Speaker Nancy Pelosi said in a statement at her Thursday June 18, 2020 press conference reported by left-of-center NBC News. Those quoted words are …
What happens to Big Tech could well be a harbinger of things to come for others, such as Berkshire Hathaway – parent company for Clayton Homes, 21st Mortgage Corporation, Vanderbilt Mortgage and Finance, and others in the manufactured housing sectors – Walmart, or other giants that dominate specific sectors of …
“The fake news abounds. There are problems with the truth these days.” – David Wright, ABC News. George Floyd’s brother Philonise in his statement to member of Congress on 6.10.2020 said that “He [George] pleaded for his life. He said he couldn’t breathe. He pleaded for his life,” Floyd said. “Justice …
The reports that follow are curated from Fox Business and CNN Business. Which is to say, they span the left-right media divide that savvy people increasingly realize exists. The reports merit being bookended, because they both point to issues that are underlying unrest in cities and towns from coast-to-coast. Racial …
While the Manufactured Housing Institute (MHI) recently touted HUD’s publication of “Evidence Matters,” as if it was some breakthrough for the long underperforming-industry, prominent member Equity LifeStyle Properties (ELS) was warning investors about the “impact of government intervention to stabilize site-built single-family housing and not manufactured housing.” Additionally, in a …
CNN Business and the American Enterprise Institute (AEI) Housing Center are both reporting surprisingly strong results on mainstream housing. Left-of-center CNN Business put it this way, “Nothing short of miraculous: The housing market continues to hold up.” An MHI member firm told MHProNews that they are back to 94 percent …
“The devil is in the details” is an old maxim which Oxford Languages says means “the details of a matter are its most problematic aspect.” What follows immediately below is the latest formal communique from the Washington, D.C. based Manufactured Housing Association for Regulatory Reform (MHARR). It relates to an …
Billionaires to Testify While MHARR Rips Manufactured Housing Institute and HUD “Research” Read More
There is a difference between an SEC subpoena and a trade media report, as Cavco Industries and their investors know. But a fair question is how will institutional investors in Skyline Champion react when they learn about and digest the details in the report linked below? Note that this article …
Sarah Janowicz is the Director of Investor Relations and External Reporting Skyline Champion Corporation. Janowicz recently made a series of on-the-record responses to MHProNews about information from the publicly traded firm’s most recent May 21 Q4 2020 Earnings Call. As the transcript on those questions and answers (Q&A) will make …
“And the rocket’s red glare, the bombs bursting in air, Gave proof through the night that our flag was still there; O say does that star-spangled banner yet wave…” – penned by Francis Scott Key during the War of 1812, the “Star-Spangled Banner” or the national anthem of the United …
Tense Flag Day 2020, plus Sunday Weekly Headlines Review 6.7 to 6.14.2020 Read More
To set the legal context for the newest controversy involving Cavco Industries (NASDAQ:CVCO), a brief background of a top antitrust official’s statement is useful. In one of several previously reported speeches, the June 11, 2019 “…And Justice for All…” address on Antitrust Enforcement by Assistant Attorney General Makan Delrahim indicated …
Cavco Industries “Killer Acquisition,” CVCO’s New Controversy Tests Antitrust Resolve Read More
Prior to pivoting to this evening’s headline’s featured focus report on Nobility Homes, a few more general observations are warranted. MHProNews has recently noted some quotable quotes by Dr. Chrysalis Wright, psychologist at the University of Central Florida. Among the points she makes is that given the state of mainstream …
