The Department of Housing and Urban Development (HUD) has made headlines by charging Facebook with housing discrimination. Here is a video interview that touches on that topic and another. Then there is the official statement from HUD, which follows. HUD Charges Facebook With Housing Discrimination Over Targeted Advertising …
There is discussion of the 2020 Housing and Urban Development (HUD) Budget, and its impact on housing. There talk about opportunity zones, something that could prove useful for manufactured home producers, among others. Then there is discussion by Secretary Carson on homelessness and more. This week, Secretary Ben Carson appeared …
HUD Secretary Ben Carson Sounds Off on Housing Market, Opportunity Zones, More Read More
There are voices in manufactured housing that are floating a variety of reasons for the poor results in 2018, and the continuingly poor performance to start out 2019. Those reasons could be listed, in no particular order of importance, such as: – Weather, – FEMA, – Inventory adjustments by retailers, …
CNBC and Freddie Mac have released new information that claims that more seniors “aging in place” – not downsizing or selling their homes – is complicating the housing market for millennials and other buyers. CNBC said, “As more older Americans ‘age in place,’ millennials struggle to find homes,” was Diana …
It is stating the obvious that facts and sound data matters to investors, advocates, public officials, and industry professionals. The thirst from accuracy is voiced from inside and outside of the Manufactured Housing Institute’s (MHI) member ranks. Just as Warren Buffett might turn cool on a possible deal that was …
CNBC and the National Association of Realtors are among the sources that report a drop in resale activity for December of 2018. Here are some significant bullets and pull quotes for factory-built housing professionals to consider. “The latest decline is harder to explain. Perhaps it is the decline in …
Significant Drop in Housing Sales, Splits Experts on Cause-Effect Read More
As 2018 draws towards a close, Sears is a company struggling to survive. Creditors, courts, and a hunt for more customers are past of the once great retailer’s grim future. Walmart, Amazon, and others have taken big bites out of Sear’s market share. But a century ago, it wasn’t so. …
This is true storytelling with a manufactured housing (MH) purpose. Relax with your favorite Sunday beverage, as you dive in… Winter up north is obviously quite different than winter in central Florida. Having spent about a decade doing MH business projects from bases in WI and IL, the …
Prior to diving into the latest residential construction data from the federal government, we’ll simply note that our reports from official sources are often among the most popular on the Daily Business News on MHProNews. For example, from our primary URL (web address) – observing that we have …
MH Silver Lining? Residential Construction Report, Oct 2018, per HUD, Census Bureau Read More
For the 6th month in a row, existing home sales have dropped, says the National Association of Realtors, as reported by CNBC. U.S. home sales fell in September by the most in over two years as the housing market continued to struggle despite strength across the broader economy. The …
Official Federal Housing and Construction Activity Report, Video Read More
“On Monday, Dr. Ben Carson, Secretary of the Department of Housing and Urban Development (HUD), joined Alex Acosta, Secretary of the Department of Labor , Senator Richard Burr (NC), Senator Thom Tillis (NC), and Congressman David Rouzer (NC-7) in North Carolina to visit areas impacted by Hurricane Florence,” said …
“Mel Watt, who runs the Federal Housing Finance Agency, of sexual” misconduct. “Watt’s accuser, Simone Grimes, requested to testify at the hearing” today, per Roll Call. Manufactured housing is in the background of this hearing, and MHProNews plans a follow up on this topic. There are charges of corruption, waste, …
Mel Watt – FHFA and MH Connected Hearing Today to Feature Sexual Misconduct Allegations Read More
“Rental markets are local, and vary widely across country,” said Danielle Bastarche, Deputy Assistant Secretary for Public Housing and Voucher Programs. It is part of the introductory remarks for the video posted below, which includes several panelists who were involved in studying the issue. It’s recorded in front of …
HUD Voucher Program – Presentations Video – Manufactured Housing Can Qualify Read More
The Dow pushed over 26,000 today, with several contributing factors. No doubt, one of them was the news that the House passed out of committee a bill that Speaker Paul Ryan says they plan to vote on before the end of this month. Tax Cut 2.0 will be our focus …
House Panel Passes Tax Cuts 2.0, Stocks Rise, Plus MH Market Updates Read More
Chris Salviati, Housing Economist with Apartment List provided the following data to the Daily Business News on MHProNews. It’s arguable subtle aim is to ‘sell’ or ‘justify’ some advantages to renting. It’s an eye-opener for manufactured housing professionals on several levels. We’ll note for now that this report …
Rental Housing Marketing – What Can Manufactured Home Pros Learn? Read More
The climate is always changing. So if you hear someone blame Hurricane Florence on ‘climate change,’ ask them to consider this. One forecaster reminded his audience that ‘That this could be the worst storm in 60 years’ to hit that part of the Atlantic coast. What that means is that …
POTUS Trump: Everyone in Hurricane Florence Path Should “Get Out,” Plus MH Market Updates Read More
“Having a heart for the poor isn’t hard. Having a mind for the poor, that’s the challenge.” – Poverty, Inc. “You cannot start an economy when ownership is in question.” – Chinery-Hesse, in Poverty, Inc. Affordable housing and an opportunity society – properly understood – are non-partisan issues. …
“The Conference Board Consumer Confidence Index® increased in August, following a modest increase in July. The Index now stands at 133.4 (1985=100), up from 127.9 in July. The Present Situation Index improved from 166.1 to 172.2, while the Expectations Index increased from 102.4 last month to 107.6 this month,” per the Conference …
Latest Consumer Confidence Report and Housing Demand Read More
Are you a business owner, executive or manager? Do you have assets that make you a millionaire? Or do you aspire to be in the 1 percent? Then this alert is for you. The potentially costly politics of class envy are on full display in the headline of an article …
“In addition to the steady climb in [existing] home prices over the past year, it’s evident that the quick run-up in mortgage rates earlier this spring has had somewhat of a cooling effect on home sales,” said Lawrence Yun, Chief Economist for the National Association of Realtors® to the …
Rising Prices and Rates Cool Housing Sales, MH Industry Pro Sounds Off, New Data & Video Read More
