750,000 Jobs. $4 Trillion in market value increase. The video interview below opens with some comments from President Trump, and then moves to a 3 on 1 with HUD Secretary, Dr. Ben Carson himself. HUD’s new leader recently made a circuit of news talk shows. The focus of those discussions …
As Matthew Silver and RC Williams have previously reported, the San Francisco Bay Area is no stranger to high housing costs, and the fact that several are turning to manufactured, prefab and modular projects to help meet their needs. So, it’s no surprise that as Google, like other employers, are …
While the two major parties and their respective media allies battle (sadly, literally) in Washington, Main Street is feeling optimistic. So says the National Association of Independent Business (NFIB) President, Juanita Duggan. “Small business owners are highly encouraged by the President’s regulatory reform agenda, and they remain optimistic there will …
NFIB – Small Business Outlook, Optimism, How Can DC Keep it Going? Read More
The evolving Daily Business News’ market report sets the industry’s stocks in the broader context of the overall market stocks. By spotlighting the headlines – from both sides of the left-right media divide – this report also helps readers see what are the trends and topics that may be moving …
LCI Insider Trading, Spotlight. MHCV Rising, Bucks Broader Markets Dip Read More
41 years ago, today, manufactured housing was “born.” The conception for what become federally regulated HUD Code manufactured homes was the media crisis that occurred regarding some “shoddy” mobile homes in the late 1960s and early 1970s. Flashback to Flash Forward… While many mobile home builders in those pre-HUD Code days …
Champion Home Builders of Troy, Michigan revealed their award winning design last month for a 499 square foot manufactured home, designed to be a getaway cottage. Dubbed ‘The Vista,’ it was reportedly designed in conjunction with Sun Communities. The Vista features a mono-sloped roof, outside spiral staircase and an upper …
What are the headlines that moved investors? The bullet views from two sides of the media left-right aisle are below. Bullets from CNN Money. DeVos halts Obama-era student loan protections. She was 13 when her family fled to Mexico. Fed hikes interest rates by quarter point. Fox News drops ‘Fair …
Cavco Gets Negative News – Today’s Spotlight. MHCV Continues Rally Read More
“Congratulations to all the Members of Morning Star. A job well done by you and NeighborWorks Montana! Welcome to the ROC USA family of 202 Resident-Owned Communities,” reads the post on the ROC USA Facebook page. The Daily Interlake reports that Kalispell, Montana’s Morning Star community has closed on their resident-ownership …
“HUD is soliciting public comment to help them identify existing regulations that may be and, therefore, warranting repeal, replacement, or modification,” says the MHI document, downloadable at the link here. The Manufactured Housing Institute (MHI) would find widespread agreement on their statement to industry members that the Department of Housing and Urban …
As much of the world knows, today is President Donald J. Trump’s 71 birthday. Wikipedia summarizes key points about Donald Trump on his birthday, as follows. Donald Trump 45th U.S. President Donald John Trump is the 45th and current President of the United States. Before entering politics, he was a …
Happy 71st Birthday, Mr. President, Quotes from Donald Trump Read More
Dodd-Frank. FHFA and the GSEs. Mortgage and lending related “unintended consequences” – or failures to act by federally chartered Enterprises – are common issues south of the U.S. Canadian line. But our brethren north of the border apparently have their own financing woes for manufactured home owners now too. Canadian …
New Mortgage Lending Changes Impacting Hundreds of Thousands of MH Owners Read More
The NY Post warns, “They are facing a crisis of confidence and potential lawsuits amid unprecedented fund closures, job losses and — most critically — low investment returns.” “Get out,” per John Aidan Byrne, about what financial adviser Stephen Ng, said about more unwelcome news hitting ‘the hedgies.’ Ng, said, …
NYP – Hedge funds face a crisis of confidence? The MHVille View Read More
What’s moving the investors that are moving the markets? Here’s what others say, on each side of the left-right media spectrum. Some bullets from CNN Money: Marissa Mayer leaves Yahoo with nearly $260M.Sears Canada warns it is running out of cash. Retail bloodbath: Bankruptcy filings pile up. Behind the ‘Bachelor …
AMG in Spotlight, Cavco Spikes, Pat Climbs, MHCV Up Read More
“Manufactured housing is a significant portion of the US housing market, making up about one-tenth of new single-family housing in recent years,” begins Fredonia’s media release. “However, the industry’s slow recovery from the economic recession and decreased access to credit for buyers has limited growth in demand for new units and …
Governor Abbott has just signed SB 1248 into law. The bill, per the Texas Manufactured Housing Association (TMHA) is dubbed the “Right to Replace.” SB 1248 will go into effect September 1, 2017. TMHA tells MHProNews that “SB 1248 is the bill that preserves a manufactured home community owners’ right to replace …
Bullets from CNN Money: · After ICE raid, he lost 10% of his workers. · Ivanka Trump brand ended talks with Japanese firm. · Obamacare enrollment slides to 10.3 million for 2017. · The very dark warning from billionaire investor Ray Dalio. · Bobbi Brown: ‘I never saw a glass …
Spotlight, Killam Performance. MHCV up, Mixed Markets, Several MHCs dipped Read More
In his weekly video to the nation, President Donald J. Trump touted his planned desire to make America’s infrastructure world class again. The centerpiece of the $1 trillion-dollar plan is to leverage $800 billion in private sector money with $200 billion in taxpayer funds. Today, the president met with his …
President Outlines Plan for Federal, State and Private Sector Investments Read More
Tim Connor has been doing sales, management and corporate coaching, training and speaking in the manufactured, modular and prefab housing industry for over 20 years. Connor is one of the few sales authors with a book selling over a million copies that has been translated into two dozen languages. With over 4,000 global …
They are described by Vancouver’s CTV News as small, affordable and illegal. Their advocates don’t claim that they are the entire solution to Vancouver’s growing affordable housing crisis, but they think they are part of the solution, if they’re given acceptance. And meanwhile, Cory Grandfield says that their home – …
Squamish Over Vancouver? BC Tiny House Controversy, Leadership, MH Parallels Read More
The New June articles on the MHProNews.com home page are live, and a few more will be posted in the next week. If you’ve been on vacation, or are new to the Daily Business News on MHProNews, welcome to our weekly recap of the Manufactured Housing industry’s “News, Tips and Views that Pros Can Use.” © As …
Sunday Morning Weekly Recap Manufactured Housing Industry News June 4 to June 11, 2017 Read More
