Monteverde & Associates PC are headquartered in the Empire State Building in New York City, NY. Their press release and engagement letter says they have thoroughly investigated the Skyline Homes (SKY) and Champion Homes merger/acquisition. Per Monteverde press release, they are investigating “potential securities laws violations and/or breaches …
The Chicago Fed’s President, Charles Evans provides expert insights into the latest job numbers, which is tonight’s featured spotlight. If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured …
Chicago Fed President on Labor Number$, Plus MH Market UPdate$ Read More
The Manufactured Housing Association for Regulatory Reform (MHARR), in a February 27, 2018 communication to the Chief Executive Officer of Freddie Mac (linked below), demanded clarification of that organization’s implementation of the “Duty to Serve Underserved Markets” (DTS) in relation to a so-called “new class” of “manufactured home being developed …
CNBC, Bloomberg, and Fox Business are among the mainstream media outlets that periodically do a video like this on, which summarize a lot of data in a short period of time. This afternoon, from Fox Business, the American economic recovery in less than one minute. While there are clearly …
Investors routinely say that they prefer “certainty.” That’s true for investors in manufactured home communities, stocks, or businesses. The growing economic confidence during the year following the 2016 election witnessed a well-reported rise in stocks. That was fueled in part by regulatory rollbacks – the “certainty” caused by an …
Economist Ben Stein told Fox Business minutes ago that while he’s not for tariffs, he believes the president has been shrewd in how this has been done. CNBC notes the uptick in stocks. No one has covered steel, aluminum and how it impacts manufactured housing like the Daily Business News, …
POTUS Trump Signs Tariffs, Exempts Canada and Mexico, Stocks Rise, MH Market UPdate$ Read More
Left-of-center, youth-focused Axios has released their latest polling data, and it doesn’t sound promising for Senate Democrats. Five Senate Democrats would lose to Republican candidates if the elections were held today, per the Axios/Survey Monkey polling. “Democrats are defending 10 Senate seats in states that President Trump won in 2016. …
Warning Signs for Senate Democrats, per Survey Monkey Polling Read More
It just follows. When there is more money to spend, people buy more homes. So the latest report by the Federal Reserve indicates more reason why housing is hot, and could get hotter. The rallying stock market and the appreciation in home values is padding American’s pockets, with the net …
“Health experts are warning of a crisis in male fertility that they fear is making it harder for couples to conceive – a problem they say is compounded by a lack of scientific understanding,” says iNews. “The average sperm count has dived by 52 per cent in the past four …
Men in America, “Something Ominous” Sobering Comparisons with Women Read More
Maybe you’ve heard the old joke. ‘How can you tell when a politician isn’t telling the truth?’ The Left-Right Senators debate over S. 2155 is the spotlight focus for tonight. If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever …
Senators Crapo (R-ID), Brown (D-OH) Debate S 2155, Plus MH Market Update$ Read More
YES! Communities, is one of the nation’s largest owners and operators of manufactured home communities, stated a press release to the Daily Business News. The release stated Yes! acquired a portfolio of nine manufactured home communities comprising over 2,100 residential home sites, all in the state of Michigan. With this …
Yes! Communities Latest Deal, Details Other News Sources Missed Read More
Washington, D.C., March 7, 2018 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells the Daily Business News that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD). Year-over-year manufactured housing industry production increased again during January 2018. “Just-released statistics indicate that HUD …
New Manufactured Housing Production Results Report for January 2018 Read More
In an Industry Voices guest column, Susan Brenton, Executive Director of the Manufactured Housing Communities of Arizona (MHCA) explains their association’s goal for a new law that has gone into effect. “Real estate personnel are now allowed to sell homes in manufactured and mobile home parks without first …
“New Law,” Using Real Estate Agents to Sell More Manufactured Homes Read More
In a ‘housing alert’ email to association members, the Manufactured Housing Institute (MHI) urged the industry’s professionals to contact their senators and ask them to vote “Yes” on S. 2155. “Passage of this language will ensure that manufactured housing retailers and sellers are not subject to compliance requirements clearly …
Just in, Gary Cohn’s said to be heading out. Tonight’s focus is once more on trade, tariffs, and macro-economic issues that impact the economy, and thus manufactured housing. If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline …
POTUS Trump on Looming Trade War, Stock$ Rise, Plus MHMarket UPDate$ Read More
Even during ‘boom times,’ the manufactured home industry struggled with certain issues. Experts and advocates often point to regulatory or financing challenges. Beyond the ‘lending and legal,’ the core challenge goes under many different labels or monikers. Stigma. Image. Once true, but now outdated realities. Outright myths. Prejudice. …
It’s a landmark document that is perhaps more relevant now than when it was first published. It’s the report to the Ford Foundation by Neighborhood Reinvestment Corporation, done in collaboration with the Joint Center for Housing Studies (JCHS) of Harvard University. The Daily Business News has cited Harvard’s …
The Duty to Serve (DTS) program for manufactured housing industry retailers, communities and potential home buyers took what may be a problematic twist in news revealed, according to a memo obtained by the Daily Business News. The memo to Donald H. Layton, Chief Executive Officer, Freddie Mac – one …
Regular manufactured housing Daily Business News market update readers need to keep this in mind — a report we quote isn’t the same as an endorsement. That said, the video discussion on the housing builders’ correction below is meant to spark thought, as to what these market moves could mean …
Homebuilders in Correction Territory, Buy Pullback, or Not? Plus MH Market UPdate$ Read More
Shopoff Realty Investments has announced the sale of Brookside Mobile Home Park, in El Monte, California. The 72.5 million deal follows the purchase as a joint venture 11 months ago that paid $52.7 million for the property. Shopoff purchased the land-lease community in April 2017 together with Ladder Capital, a New York based …
$19.8 Million Gross 1 Year Increase as Manufactured Home Community Sells for $72+ Million Read More
