‘Looks like 112,882 in 2022 vs. 105,772 in 2021, so a 6.7% Increase’ BUT – Manufactured Housing Production Has Sharp Fall in Dec 2022, Data Reveals Several Concerns; plus MHVille Markets Update

LookLlike112,882in2022vs105,772in2021so6.7%IncreaseBUT–ManufacturedHousingProductionHasSharpFallinDec2022DataRevealsSeveralConcernsPlusMHVilleMarketsUpdateMHProNews1

A delay in the release of statistics on HUD Code Manufactured Housing will, per an informed source at the Manufactured Housing Association for Regulatory Reform (MHARR) to MHProNews, result in their publishing their report monthly statistical report and analysis on Monday 2.6.2023. It is possible, per that source, that structural changes in their report will be unveiled, because of several concerns and oddities in the data. That said, MHProNews is told that 6,406 HUD Code manufactured homes were produced in December 2022. ‘Looks like a total of 112,882 in 2022 vs. 105,772 in 2021, so a 6.7% increase.’ But compare that to this official remark from MHARR’s statement in February 2022 that said: “Specifically, just-released statistics indicate that HUD Code manufacturers produced 8,014 homes in December 2021, a 5% increase over the 7,633 new HUD Code homes produced during December 2020.” That would mean that manufactured home production has fallen below 2022 and 2021 production level.

Part I of today’s report will be a brief look at the known data for December 2022 monthly and annual totals.

Part II will be a brief and focused commentary.

Part III be our Daily Business News on MHProNews manufactured housing connected equities graphical recap by company, plus macro-markets. It will, as usual, feature the time saving, and insightful left (CNN) and right (Newsmax) market-moving headlines.

Part I.

Based on the remark ‘Looks like a total of 112,882 in 2022 vs. 105,772 in 2021, so a 6.7% increase’ and the 6,406 new HUD Code manufactured homes produced and shipped in December 2022 it appears to be about a 20 percent drop in production (6,406/8,014 = 0.79935113551).

Manufactured Housing Institute (MHI) connected sources have been signaling for months about a slowdown due to ‘recession,’ and sharply rising interest rates. Per a tip from the MHI generated Federated States email was the following.  

QuotingMHI-QuoteMark-MHProNews
When MHProNews quotes MHI, it should not be construed as an endorsement of that trade group. 

MHI Releases New Study: “Manufactured Housing Market Trends During Recession Periods and Market Outlook”

MHI commissioned a study to examine how the manufactured housing market performed during recessionary periods over the last 40 years. The study found that manufactured housing shipments have generally declined during recessions, but that decline has been less severe than the decline in site-built housing as measured by overall housing starts. As there remains the possibility of a recession in the near-term, likely to be exacerbated by rising interest rates, high inflation, and a contracting housing market, this research is important for industry participants to understand the threat posed by economic headwinds and the historical impacts of prior recessions on the manufactured housing market as a whole. …##

 

The above, and remarks conveyed via the Texas Real Estate Research Center (TRERC) – which MHProNews has sharply critiqued and fact checked – have been unpacked in the reports linked below.

Links

 

Back to the MHI Federated States email to MHI affiliated state association executives were these added remarks.

QuotingMHI-QuoteMark-MHProNews
When MHProNews quotes MHI, it should not be construed as an endorsement of that trade group. .

Key findings from the [so-called MHI] study include:

  • The rate of decline for manufactured housing shipment has been less severe than the decline in site-built housing (measured by housing starts) during four of the six recessions that have occurred over the last forty years: 1980-82 (two recessionary periods), 1990-1991, and 2008-2009. From January – May 2022, a year when the housing market has weakened amid rising interest rates, manufactured home shipments continued to increase faster than total housing starts.
  • The Great Recession of 2008-09 was triggered by the collapse of the housing market when rising interest rates led to unaffordable mortgage payments and home foreclosures. Manufactured housing shipments contracted by 48% in 2009 compared to 2007 and housing starts fell even more by 59%. With a steeper decline in housing starts, however, the share of manufactured housing to total housing new supply increased to 8.2% from 6.6% in 2007.
  • The primary impact of the COVID-induced recession in 2020 was the broad, and ongoing, disruption of supply chains. With this short recession, the level of manufactured home shipments was essentially unchanged during the whole year of 2020 from the level in 2019 while housing starts rose 7%.”

 

What’s almost hysterically, laughably ironic was their very next line in that same email. Hysterical? Why? Because Freddie Mac has produced several research reports that all point to manufactured housing potential being far larger than it has in fact been. That noted, MHI’s email headline said this.

MHI is Presenting Research this Week on Millennial Consumers and Manufactured Housing at Freddie Mac’s Rural Research Symposium.” Why funny and ironic? See the report linked below. Can anyone at MHI say ‘oops?’

YouFriendAmong25MillionRentersCouldBuyManufacturedHomeFreddieMacIdentifyingOpportunitiesToExpandManufacturedHousingAstouAwLarieceBrowAshleyYeaPhotosExamineManufacturedHomeLivingNews
https://www.manufacturedhomelivingnews.com/are-you-or-someone-you-know-among-the-25-million-renters-who-could-buy-a-manufactured-home-today-freddie-mac-study-identifying-the-opportunities-to-expand-manufactured-housing-by-aw/

 

Part II. Additional Information with More MHProNews Analysis and Commentary in Brief.

When someone thinks about MHI and their ‘research/studies,’ one must keep in mind the hype they lathered the industry with approaching 5 years ago about their apparently failed CrossMod© scheme. They claimed one thing, but an entirely different set of outcomes occurred instead.

After Admitted Failure, Manufactured Housing Institute Doubles Down on CrossMods® in AP Terminology Doc Acquired by MHProNews–Are MHI Leaders Sabotaging MHVille Independents? Plus MHStocks Update

The official MHARR production and shipment report, per our source, will be Monday 2.6.2023. Watch for it.

MHProNews also has a different, but relevant exclusive which is planned for publication on Sunday 2.5.2023. Watch for it.

According to an August 2022 document obtained from MHI, “49% of new manufactured homes are placed on private property and 51% are placed in manufactured home communities.” That would be a sea change in recent years. Historically, manufactured home ‘street retailers’ dominated in the destination for new manufactured home shipments. Notice: a quick look at that document seems to suggest that it is a mixture of accurate, but also some inaccurate, as well as missing information and in some cases, odd claims. A report will be planned to unpack their document.

KevinClaytonPhotoClaytonHomesQuotesDutyToServeManufacturedHousingFannieMaeFreddieMacFHFAManufacturedHousingDecelineDataMHProNews
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MHI member Equity LifeStyle Properties (ELS) reported a dip in their fourth quarter sales, but said it was due in part to the impact of storms in Florida.  Otherwise, they had ‘a record year’ for new manufactured home sales. See the EXTENSIVE details published in the report linked below.

 

ELS Manufactured Home Communities 4Q2022 Report-MH Sales Up But Concern ‘Govt Intervention to Stabilize Site-Built Single-Family Housing Not Manufactured Housing’-TWP, Facts, Analysis-plus MHVille Markets Update

That said, a pending Masthead will reveal the stunning flip side that is possible to this dreary status quo of recent months by using multiple third-party research reports that point to strong, apparently record, manufactured housing opportunities. If that Masthead report and analysis is finished today, it may be posted below, so check back tonight.

The flashbacks to recent reports that arguably shed light on this stunning underperformance.

MHProNews has reported and editorially observed that ‘No one can be this incompetent.’ See the reports above and below to learn more.

 

Millions Want Affordable Home-‘No Pro Can be This Incompetent’ ‘Solutions to Crony Capitalist Suppressing Trusted News, Media’-WND Puts Tony Kovach Op-Ed on Homepage; plus MHMarkets Update

 

 

Part III. Daily Business News on MHProNews Markets Segment

The modifications of our prior Daily Business News on MHProNews format of the recap of yesterday evening’s market report are provided below. It still includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines. The macro market moves graphics will provide context and comparisons for those invested in or tracking manufactured housing connected equities.

In minutes a day readers can get a good sense of significant or major events while keeping up with the trends that are impacting manufactured housing connected investing.

Reminder: several of the graphics on MHProNews can be opened into a larger size. For instance: click the image and follow the prompts in your browser or device to OPEN In a New Window. Then, in several browsers/devices you can click the image and increase the size. Use the ‘x out’ (close window) escape or back key to return.

 

DowJones-ManufacturedHomeCommunitiesMobileHomeParksFactoriesProductionSuppliersFinanceStocksEquitiesClosingDataYahooFinanceLogo2.2.2023

 

Headlines from left-of-center CNN Business – from the evening of 2.2.2023 

  • Big Tech on defense: Apple, Amazon and Google report earnings
  • Greenpeace activists scale Shell oil platform in the Atlantic Ocean as company announces record profits
  • Meta wowed Wall Street, but investors remain skeptical about tech
  • Mortgage rates fall for fourth week in a row
  • ECB and Bank of England fight inflation with sharp interest rate hikes
  • ‘The Daily Show’s’ Roy Wood Jr. selected as White House Correspondents’ Dinner entertainer
  • Why a tiny American firm is taking aim at an Indian conglomerate
  • A first generation iPhone going up for auction hopes to fetch $50,000
  • Gautam Adani fails to calm investors as market wipeout hits $100 billion
  • Blackouts and soaring prices: Pakistan’s economy is on the brink
  • What to look for in Friday’s jobs report
  • Shell profits double to record $40 billion
  • Democratic senator urges Apple and Google to ban TikTok from their app stores
  • Subway hopes new meat slicers will boost sales after record 2022
  • How do you lose a radioactive capsule? Australian investigators are wondering too
  • ChatGPT creator launches subscription service for viral AI chatbot
  • WTO head wants to ‘double or triple’ Africa’s share of global trade
  • China set to launch long-awaited IPO reforms to reset the economy
  • Australia’s new $5 note won’t feature King Charles
  • Republicans are lashing out at DirecTV for supposedly ‘censoring’ conservative voices. Here’s what’s really going on
  • China says it successfully cloned 3 highly productive ‘super cows’
  • Bugatti just sold its last purely gas-powered car for $10.7 million, setting a world auction record for a new car
  • Bed Bath and Beyond is closing 87 more stores. See the list
  • Adani scraps $2.5 billion share sale as value of his empire collapses

 

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In the business world, the rear-view mirror is always clearer than the windshield.” – Warren Buffett. That begs a key question. Why don’t more people LOOK at the rearview mirror more so they can learn more about the patterns that influence what’s ahead? Note: depending on your browser or device, many images in this report can be clicked to expand. or example, in some browsers/devices you click the image and select ‘open in a new window.’ After clicking that selection, you click the image in the open window to expand the image to a larger size. To return to this page, use your back key, escape or follow the prompts. https://www.manufacturedhomepronews.com/in-the-business-world-the-rear-view-mirror-is-always-clearer-than-the-windshield-warren-buffett-mhville-leader-showcases-efforts-to-renew-american-dream-plus-sunday-weekly/

Headlines from right-of-center Newsmax 2.2.2023

  • 86 House Dems Vote Against Resolution Condemning ‘Horrors of Socialism’
  • DirecTV Censors Newsmax
  • Jon Voight: ‘Speak Up Now’ Against DirecTV Censoring Newsmax | video
  • Fallon: Texans ‘Furious’ Over DirecTV’s Censorship | video
  • Ben Cline: Voters Angry DirecTV Dropped Newsmax | video
  • Ted Cruz, Key Sens Demand DirecTV Answer for Action
  • Dennis Prager: ‘Just Cancel DirecTV’ | video
  • Biggs: DirecTV Axing Newsmax Is ‘Fascism’ | video
  • Don Jr.: AT&T Suppressing ‘Everything You Believe In’ | video
  • Noem: Put Newsmax Back On | video
  • Cruz: ‘Manifestation of Political Bias’ | video
  • Braun After DirecTV Drop: ‘I’ll Be Watching Carefully’ | video
  • Newsmax CEO Ruddy: DirecTV Unwilling to Negotiate | video
  • Van Drew: Dropping Newsmax ‘Pure Censorship’ | video
  • Comer: ‘I’m Outraged’ DirecTV Dropped Newsmax | video
  • Trump Calls AT&T DirecTV ‘Disgusting,’ Urging Boycott
  • More DirecTV Censors Newsmax
  • Newsmax TV
  • Fallon: Biden’s Border Actions ‘Like a Clown Show’ | video
  • Van Drew: Ouster Shouldn’t Surprise Omar | video
  • Davidson: Biden Unwilling to Compromise on Cuts | video
  • Cline: Flap Over Pledge Just a ‘Show’ by Dems | video
  • Comer: Oversight to Probe Hunter’s Art Deals | video
  • Burchett: Us Should Be Angry at COVID Relief Fraud | video
  • Cassidy: China Should Pay “Pollution” Penalty | video
  • Norman: Excited About Nikki Haley Running for President
  • Clyde: Biden Debt Ceiling Negotiation “Reasonable’ | video
  • Newsfront
  • Bill Would Ban Kids Under 16 From Social Media
  • Chris Stewart, R-Utah, introduced legislation that would ban the use of social media for anyone under 16… [Full Story]
  • Tim Scott: Dems’ Police Reform Bill Nonstarter
  • Tim Scott, R-S.C., said a police reform bill passed by Democrats [Full Story]
  • Nasdaq Jumps 3.25 Percent on Meta Bump, Fed Lift
  • The Nasdaq and S&P 500 ended solidly higher Thursday after touching [Full Story]
  • Is Biden Team ‘Weaponizing’ Special Counsel to Obstruct Classified Documents Probe?
  • The Biden administration is “taking advantage” of and even [Full Story] | Platinum Article
  • Alabama DA Slams State for Prison-Release Law Including Violent Convicts
  • An Alabama district attorney spoke out against a new law that went in [Full Story]
  • Ukraine’s Zelenskyy Calls for More Russia Sanctions at EU Meeting
  • Ukrainian President Volodymyr Zelenskyy called on Thursday for more [Full Story]
  • Related
  • High-Level Kyiv Visit Aims to Deepen EU-Ukraine Ties
  • Trump: I’d End Ukraine War in 24 Hours If President
  • Russia Says It Has Gained Ground North of Ukraine’s Bakhmut
  • Putin Likely to Channel Stalingrad Victory at Pivotal Time in Ukraine War
  • Russian Missile Destroys Ukrainian Apartment Building; 3 Dead, Say Police
  • Norway PM Says Oil Profile to Fund More Aid to Ukraine
  • Poland Expects Broad Coalition to Call for Olympics Ban on Russian, Belarusian Athletes
  • McCarthy Supports House Hearings on Censorship of Newsmax
  • House Speaker Kevin McCarthy, R-Calif., reiterated his support for [Full Story]
  • Navy Has Shipbuilding Issues, No Carrier Dry Docks in Pacific as Tensions Rise
  • After the Chinese carrier Liaoning illustrated an unprecedented show [Full Story] | Platinum Article
  • McCarthy: Officer Who Shot Babbitt on Jan. 6 ‘Did His Job’
  • House Speaker Kevin McCarthy on Thursday said Ashli Babbitt, the [Full Story]
  • Gallup Poll: Americans Sour on State of Nation in Most Areas
  • Americans are dissatisfied with a broad range of aspects about the [Full Story]
  • Arkansas Gov. Sanders to Give GOP Response to State of the Union
  • House Speaker Kevin McCarthy, R-Calif., and Senate Minority Leader [Full Story]
  • 86 House Dems Vote Against Resolution Condemning ‘Horrors of Socialism’
  • A total of 86 House Democrats voted against a symbolic resolution put [Full Story]
  • Best Car Insurance for Seniors Living in Florida
  • Best Car Insurance
  • Trump Taunts Nikki Haley’s 2024 WH Tease With Old Video Replay
  • Former President Donald Trump couldn’t wait for Nikki Haley to [Full Story]
  • Efforts Renewed to Regulate Gas Stoves
  • Efforts to regulate gas stoves are being renewed as a second federal [Full Story]
  • Finally Legal “The Best Pain Reliever” Now Available In Florida
  • Healthline News
  • Trump: Youngkin, DeSantis Would Have Failed Without Me
  • Former President Donald Trump says Nikki Haley, Glenn Youngkin, Mike [Full Story]
  • Indiana May Allow Non-legal Residents to Get In-State Tuition
  • A bill being considered in Indiana would allow non-legal residents of [Full Story]
  • Bennet: Ban TikTok From Apple, Google App Stores
  • Michael Bennet, D-Colo., is asking executives at Apple and [Full Story]
  • Report: FBI to Search Pence’s Home for Classified Documents
  • The FBI is expected to search former U.S. Vice President Mike Pence’s [Full Story]
  • House GOP Votes to Oust Democrat Omar From Foreign Affairs Committee
  • House Republicans voted after a raucous debate Thursday to oust [Full Story]
  • Related
  • Omar Signs Resolution Recognizing Israel as ‘Legitimate’ Ally
  • Eye Drops Linked to Drug-Resistant Bacteria Outbreak
  • S. health officials are advising people to stop using [Full Story]
  • Biden Thanks Deese for Helping Steer Economic Recovery
  • S. President Joe Biden Thursday credited Brian Deese, his outgoing [Full Story]
  • Winter Storm Cancels Flights, Keeps Thousands Without Power
  • A mess of ice, sleet and snow lingered across much of the southern [Full Story]
  • Hunter Biden: Laptop Was His, Wants Probe Into Dissemination
  • Hunter Biden’s lawyers on Wednesday admitted that the infamous laptop [Full Story]
  • Satanic Temple Opens Abortion Clinic Named for Alito’s Mother
  • The Satanic Temple announced it will open a telehealth abortion [Full Story]
  • Trump Outlines Plan to Stop Gender-Affirming ‘Child Abuse’
  • Former President Donald Trump vows to punish doctors and teachers who [Full Story]
  • Jon Voight: ‘Speak Up Now’ Against DirecTV’s Censorship of Newsmax
  • Academy Award-winning actor Jon Voight is speaking out against the [Full Story] | video
  • Whole Foods Asks Vendors to Lower Prices
  • Whole Foods has asked suppliers of packaged food to lower their [Full Story]
  • GOP State AGs Warn CVS, Walgreens Against Distributing Abortion Pills
  • A group of Republican attorneys general have warned CVS and Walgreens [Full Story]
  • Congress Moves to End COVID-Era Telework for Federal Employees
  • The House passed a bill Wednesday aimed at ending COVID-era remote [Full Story]
  • COVID Order End Raises Biden’s Power Grab Questions
  • The Biden administration’s announcement it will end the COVID-19 [Full Story]
  • California District Accused of ‘Segregation’ in Teacher Program
  • The Santa Cruz County Office of Education and Pajaro Valley Unified [Full Story]
  • Biden Takes Bold Action to Cover Full Cost of Installing Solar in Florida
  • Smart Solar Install
  • More Newsfront
  • Finance
  • Meta Mojo Is Back, as Stock Powers Big Tech Rally
  • Meta Platforms Inc. shares rose about 28% on Thursday and helped spark a rally in the technology sector after the Facebook owner floored Wall Street by slashing its spending forecast and boosting its stock buyback plan by $40 billion…. [Full Story]
  • Alphabet Revenue Misses as Ad Business Takes a Hit
  • Trevor Gerszt: Are Central Banks Behind Gold’s Current Performance?
  • The Fed Says Disinflation Is Welcome. What Is That, Exactly?
  • Bill Would Ban Kids Under 16 From Social Media
  • More Finance
  • Health
  • Study: Legalized Marijuana Doesn’t Increase Substance Abuse
  • Living in a U.S. state where recreational weed is legal does not appear to increase the average adult’s risk of succumbing to “reefer madness,” a new study of twins has determined. An adult living in a “legal” state is not more likely to develop any sort of substance abuse…… [Full Story]
  • New Weapons in the Fight Against Cancer
  • Surgeon General: 13 is Too Young to Use Social Media
  • This Positive Habit Relieves Stress and Helps Your Heart
  • Vitamin D Supplementation May Reduce Suicide Risk

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In instances such as Apollo, Berkshire Hathaway, Blackstone or others, manufactured housing may only be part of their corporate interests. Note: depending on your browser or device, many images in this report and others on MHProNews can be clicked to expand. Click the image and follow the prompts. For example, in some browsers/devices you click the image and select ‘open in a new window.’ After clicking that selection you click the image in the open window to expand the image to a larger size. To return to this page, use your back key, escape or follow the prompts.

‘Stomach Churning Year’ CNN-Wall Street ‘Forget 2022’ Down Year – Major Equities Data Compared to Manufactured Housing Stocks, Manufactured Home Community REITs, Performance for Year by Company

 

====================================

Updated

      • NOTE 1: The 3rd chart above of manufactured housing connected equities includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry finance lender.
      • NOTE 2: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
      • NOTE 3: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm.  Thus, there is still periodic activity on DVLY.
      • Note 4: some recent or related reports to the REITs, stocks, and other equities named above follow in the reports linked below.

‘Manufactured Housing in the News,’ Unpacking UMH CEO Sam Landy Op-Ed’ It’s Time for Bi-Partisanship on Affordable Manufactured Housing Homeownership’ in HousingWire; plus MHMarkets Updates

Warren Buffett’s Pledge to Kevin Clayton – ‘You Can Access Plenty of Capital’ for Projects – Quotes, Facts, Video, Transcript, and Implications for Manufactured Housing Industry

Manufactured Housing Properties-Results for Three and Nine Months Ending September 30.2022–Exploring ‘Mobile Home Park’ Manufactured Home Community Investing; plus MHVille REITs, Stocks Update

‘Changes Will Benefit Customers,’ Boost Sales-Legacy Homes CEO Duncan Bates – LEGH ‘Delivered 22.5% Return on Equity in 1 Yr’ – Corp Q3 2022 Insights, Analysis; plus MHVille REITs, Stocks Update  

‘No Assurance Inflation Will Not Affect Our Future Profitability Financial Position’=Cavco Industries 10-Q, Solitaire Deal, More CVCO Data; Supreme Court Ruled-SEC Regs on False-Omitted Remarks

Skyline Champion Provides Quarterly Results, Adding Retail Centers, Improved Delivery Times-CEO Mark Yost Says ‘Can Outperform Conventional Housing’ Explored; Plus MHVille REITs, Stocks Update

Triad Financial Services Q2-2022 FINANCIAL RESULTS, per ECN Capital – Several Bright Spots in Manufactured Home Market Highlighted, Including Communities, Retail, Land-Home, Floor; MHStocks Update

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Manufactured Home Communities (a.k.a. ‘Mobile Home Parks’ – SIC) – Exploring UMH Properties; Fellow Manufactured Housing Institute Member Yes! Communities Suits and Settlements; plus MH Markets Updates

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2023 Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
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That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)

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All on Capitol Hill were welcoming and interested in manufactured housing related issues. But Congressman Al Green’s office was tremendous in their hospitality. Our son’s hand is on a package that included a copy of the Constitution of the United States and other goodies. Tamas has grown considerably since this photo was taken. 

By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards and honors and also recognition in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position and may or may not reflect the views of sponsors or supporters.

 

 

 

 

 

 

 

 

Facts You Didn’t Know – Martin Luther King Jr – Videos, Insightful Quotes, Surprising Revelations, Videos, Reports, and Illustrations in Champion for Human Rights Including Affordable Housing

HUD Code Manufactured Home Building Down Nov 2022–Higher for Year per Manufactured Housing Association for Regulatory Reform Data, Facts-Insights Others Lack; plus MHVille Stocks-REITs Update

‘Manufactured Housing Closes Year on Cool Note, But Optimism Grows for 2023’ Says TRERC, But TMHA VP Rob Ripperda Lets Cat Out of Proverbial Bag, Exposing MHI; plus MHVille Market, Stocks Update

U.S. Housing Data Reveals Gaps-Underscores Vast Manufactured Housing Industry Potential, But Raises Corp, Trade Group Performance Concerns, Apparent Shareholder Effects; plus MHVille Stocks Update

 

After Admitted Failure, Manufactured Housing Institute Doubles Down on CrossMods® in AP Terminology Doc Acquired by MHProNews–Are MHI Leaders Sabotaging MHVille Independents? Plus MHStocks Update

Concessions by Speaker Kevin McCarthy in House Speaker’s Battle Called ‘Most Significant Win for Conservatives in a Decade’ By Federalist’s Emily Jashinsky Report; plus MHVille Stocks Updates

 

2.1.2023

CNN 2.1.2023

  • Stocks gain steam
  • NEW YORK, NEW YORK – JANUARY 26: The New York Stock Exchange (NYSE) is seen during morning trading on January 26, 2023 in New York City. The stock market opened slightly higher this morning as investors awaited the release of fourth-quarter Gross Domestic Product (GDP) report. The report showed that the economy grew at an annual rate of 2.9 percent in the fourth-quarter with the rate decreasing slightly from a 3.2 percent growth rate in the third quarter.
  • The Fed hiked rates by a quarter of a point and said it won’t pause any time soon, but investors cheered
  • Biden proposes ‘junk fee’ bill to cut hidden fees for credit cards and concert tickets
  • Samsung unveils Galaxy S23 lineup with powerhouse camera
  • Bed Bath and Beyond is closing 87 more stores. See the list
  • Record $3.8 billion stolen in crypto hacks last year, report says
  • BDG shuts down Gawker and lays off 8% of staff, CEO announces
  • Apple and Google’s app stores wield ‘gatekeeper’ power and should be reined in, Commerce Department says
  • Exclusive: Tabasco teams with a TikTok star to surprise hot sauce fans
  • Asia’s richest no more? Gautam Adani’s wealth crashes as $90 billion wiped off his business
  • Job openings jumped unexpectedly to 11 million in December
  • Sam Bankman-Fried’s bail is tightened over ‘threat’ of witness tampering
  • Coca-Cola’s Powerade is taking a jab at Gatorade with new formula and packaging
  • Michigan six-year-old orders $1,000 worth of food on Grubhub
  • Beyoncé is going on tour. Will Ticketmaster be able to handle it?
  • Europe unveils $270 billion response to US green subsidies
  • Why these chunky, ugly running shoes are selling like crazy
  • Britain hit by biggest day of strikes in a decade as pay disputes escalate
  • Will the Fed end the 2023 market rally?
  • Europe grew faster than the US last year. Its markets are outperforming too
  • Apple is the only US tech giant to have avoided significant layoffs. Will it last?
  • Missing radioactive capsule found on remote road in Australia
  • How Southwest can win back its angry, stranded customers
  • What to expect from the Fed meeting
  • Chinese cities are struggling to pay their bills as ‘hidden debts’ soar

 

Newsmax 2.1.2023

  • Ted Cruz, Key Senators Demand DirecTV Answer for Newsmax Deplatforming
  • Republican Sens. Ted Cruz, Lindsey Graham, Mike Lee, and Tom Cotton, left to right, have sent a letter to AT&T DirecTV and its investment partner raising concerns. (Getty Images)
  • Ted Cruz, ranking member of the Committee on Commerce, Science, and Transportation, is among four prominent GOP senators who sent a letter to DirectTV and its controlling shareholders, AT&T and TPG, questioning the deplatforming of Newsmax: “Congress and the public have a right to know the extent to which DirecTV’s decision to drop Newsmax was politically motivated, including whether the company succumbed to pressure from administration officials or Democrats in Congress.” [Full Story]
  • Good: DirecTV Suppressing Free Speech, Press With Drop
  • Senators Demand Answers for DirecTV’s Canceling of Newsmax
  • 18 GOP Reps Stand for Newsmax in Special Order | video
  • Norman: Deplatforming Violates 1st Amendment | video
  • Fitzgerald: Censorship May Spark Legislation | video
  • DeSantis: Congress Must Probe AT&T Deplatforming | video
  • Good: Newsmax Willing to Hold Govt Accountable | video
  • Buck Calls Out ‘Shocking Coordinated’ Censorship | video
  • Speaker McCarthy Warns AT&T | video
  • Scalise: ‘We Should All Be Promoting Free Speech’
  • Trump Hits CNN/MSNBC Ratings: ‘Put Newsmax Back On’ | video
  • Trump Calls AT&T DirecTV ‘Disgusting,’ Urging Boycott
  • Newsmax TV
  • Norman: Excited About Haley WH Bid
  • Norman: Excited About Haley WH Bid
  • Fitzgerald: Biden Docs Getting ‘Classic Cover-Up’ | video
  • Good: FBI Should Extend Biden Doc Searches | video
  • Van Drew: FBI Search of Biden Home Questionable | video
  • Mark Morgan: Sanctuary Cities Partly to Blame for Migrant Crisis | video
  • Reeves: GOP States’ ‘Strikeforce’ Targets Border | video
  • Paul: Real Problems With Govt Waste | video
  • Burchett on Memphis’ ‘Thugs With Badges’ | video
  • Gaetz: ‘Undecided’ on Kicking Ilhan Omar off Committee
  • Boebert: Hearings Should Net Criminal Referrals | video
  • Newsfront
  • Musk Ignores Dems in First Trip to Capitol as Twitter Chief
  • Twitter CEO Elon Musk met with multiple congressional Republicans but scheduled no meetings with Democrat lawmakers during his first trip to the Capitol in his new post…. [Full Story]
  • In US Visit, Taiwan Speaker Stresses Importance of Defending Island From China
  • In US Visit, Taiwan Speaker Stresses Importance of Defending Island From China
  • The speaker of Taiwan’s parliament during a forum for international [Full Story]
  • Chip Roy Pushes to Remove Military Diversity Officer Posts
  • Chip Roy, R-Texas, has introduced a bill to eliminate diversity [Full Story]
  • Adani Abandons $2.5 Billion Share Sale
  • Gautam Adani’s flagship firm called off its $2.5 billion share sale [Full Story]
  • FBI Finds No Classified Docs in Search of Biden Beach House
  • FBI Finds No Classified Docs in Search of Biden Beach House
  • The Federal Bureau of Investigation searched President Joe Biden’s [Full Story]
  • Related
  • Video Report: FBI Searching Biden’s Rehoboth Beach Home |video
  • Van Drew to Newsmax: FBI Search of Biden Home Questionable |video
  • Fitzgerald to Newsmax: Biden Docs Getting ‘Classic Cover-Up’ |video
  • Fed Opts for Small Rate Hike of 0.25 Percent
  • The Federal Reserve raised its target interest rate by a quarter of a [Full Story]
  • As Refugees Flood Into US, Chinese Christians Told to Wait
  • Sixty-four Chinese Christians who fled religious persecution in 2019 [Full Story]
  • Netanyahu: Willing to Mediate Russia-Ukraine War
  • Israeli Prime Minister Benjamin Netanyahu said Tuesday night he would [Full Story]
  • Related
  • Russia Focuses on Eastern Ukraine for Possible New Offensive
  • IOC Rejects Russian Demand That Its Athletes Compete Without Restrictions
  • Boris Johnson Meets US Republicans, Pushes Ukraine Aid
  • Happiness Spikes in Our 70s
  • Here’s some good news for seniors over 70 years of age. A recent [Full Story]
  • Israel’s Drone Strike Delivered ‘Stern Warning’ to Iran
  • The purported Israeli drone assault targeting an Iranian defense [Full Story] | Platinum Article
  • Amazon Could Employ More Robots Than Workers by 2030
  • To grasp the magnitude of the robotics age now emerging, know that [Full Story]
  • Rally May Extend Even as Wall St Remains Wary
  • Citigroup Inc.’s shares are approaching a potential bullish technical [Full Story]
  • February Watch: Super Bowl, Presidents Day, Mardi Gras
  • February may be the shortest month of the year, but that doesn’t mean [Full Story] | Platinum Article
  • US Construction Spending Unexpectedly Falls
  • S. construction spending unexpectedly fell in December as [Full Story]
  • Study: Sports-Linked Cardiac Arrest Rare in Seniors
  • The saga of Damar Hamlin’s recent collapse during a football game has [Full Story]
  • Trump Accuses DeSantis of Being ‘RINO Globalist’
  • Former President Donald Trump took to social media on Wednesday to [Full Story]
  • Senators Demand Answers for DirecTV’s Canceling of Newsmax
  • Four prominent Republican U.S. senators sent a letter to DirectTV and [Full Story]
  • Ozzy Osbourne Retires From Touring, Cancels Shows
  • Struggling with health issues, rocker Ozzy Osbourne, 74, announced [Full Story]
  • College Board Revises AP Black History Course After DeSantis’ Criticism
  • Little more than a week after Florida Republican Gov. Ron DeSantis [Full Story]
  • Biden’s Annual Physical Pushed Back
  • President Joe Biden’s annual physical will be completed Feb. 16, more [Full Story]
  • Video Report: FBI Searching Biden’s Rehoboth Beach Home
  • On Wednesday’s “National Report,” the FBI is searching President Joe [Full Story] | video
  • Ron DeSantis Planning Texas Visit to Help GOP Fundraising
  • Florida GOP Gov. Ron DeSantis plans to visit Texas next month to help [Full Story]
  • Job Openings Unexpectedly Increase
  • S. job openings unexpectedly rose in December, showing demand for [Full Story]
  • Stefanik: Subpoenas Could Expose DOJ’s Targeting of Parents
  • House Republican Conference Chair Rep. Elise Stefanik, R-N.Y., told [Full Story]
  • Chief Justice Roberts’ Wife Faces Potential Ethics Inquiry
  • Jane Sullivan Roberts, the wife of Supreme Court Chief Justice John [Full Story]
  • What Happens When the COVID-19 Emergency Ends
  • The declaration of a COVID-19 public health emergency three years ago [Full Story]
  • White House Gives Apple, Google App Stores Thumbs Down
  • The Biden administration is taking aim at Apple and Google for [Full Story]
  • China Successfully Clones Cows to Reduce Imports, Increase Food Supply
  • For the first time in the nation’s history, Chinese scientists from [Full Story]
  • Jane Austen Novel Gets Trigger Warning for ‘Gender Stereotyping’
  • In a surreal case of life imitating art, a London university has [Full Story] | video
  • Pew Poll: US Opposition to Ukraine Aid Grows
  • The share of Americans who say the United States is providing too [Full Story]
  • Boeing Bids Farewell to an Icon, Delivers Last 747 Jumbo Jet
  • Boeing bid farewell to an icon on Tuesday, delivering its final 747 [Full Story]
  • Fed Opts for Small Rate Hike of 0.25%
  • The Federal Reserve raised its target interest rate by a quarter of a percentage point on Wednesday, yet continued to promise “ongoing increases” in borrowing costs as part of its still unresolved battle against inflation…. [Full Story]
  • Half of $100K+ Earners Live Paycheck-to-Paycheck
  • Powell: Fed Still Committed to 2% Inflation
  • Cheaper Version of Humira Now Available, but Price Could Stay High
  • Biden Will Pick New Economic Team After State of the Union
  • More Finance
  • Health
  • Study: Legalized Marijuana Doesn’t Increase Substance Abuse
  • Living in a U.S. state where recreational weed is legal does not appear to increase the average adult’s risk of succumbing to “reefer madness,” a new study of twins has determined. An adult living in a “legal” state is not more likely to develop any sort of substance abuse…… [Full Story]
  • Cheaper Version of Humira Now Available, but Price Could Stay High
  • FDA Lifts COVID Test Requirements for Pfizer, Merck Pills
  • Trees Could Cut Urban Heatwave Mortality By a Third
  • Sleep Apnea Linked to Weaker Bones, Teeth

 

 

====================================

Updated

      • NOTE 1: The 3rd chart above of manufactured housing connected equities includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry finance lender.
      • NOTE 2: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
      • NOTE 3: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm.  Thus, there is still periodic activity on DVLY.
      • Note 4: some recent or related reports to the REITs, stocks, and other equities named above follow in the reports linked below.

‘Manufactured Housing in the News,’ Unpacking UMH CEO Sam Landy Op-Ed’ It’s Time for Bi-Partisanship on Affordable Manufactured Housing Homeownership’ in HousingWire; plus MHMarkets Updates

Warren Buffett’s Pledge to Kevin Clayton – ‘You Can Access Plenty of Capital’ for Projects – Quotes, Facts, Video, Transcript, and Implications for Manufactured Housing Industry

Manufactured Housing Properties-Results for Three and Nine Months Ending September 30.2022–Exploring ‘Mobile Home Park’ Manufactured Home Community Investing; plus MHVille REITs, Stocks Update

‘Changes Will Benefit Customers,’ Boost Sales-Legacy Homes CEO Duncan Bates – LEGH ‘Delivered 22.5% Return on Equity in 1 Yr’ – Corp Q3 2022 Insights, Analysis; plus MHVille REITs, Stocks Update  

‘No Assurance Inflation Will Not Affect Our Future Profitability Financial Position’=Cavco Industries 10-Q, Solitaire Deal, More CVCO Data; Supreme Court Ruled-SEC Regs on False-Omitted Remarks

Skyline Champion Provides Quarterly Results, Adding Retail Centers, Improved Delivery Times-CEO Mark Yost Says ‘Can Outperform Conventional Housing’ Explored; Plus MHVille REITs, Stocks Update

Triad Financial Services Q2-2022 FINANCIAL RESULTS, per ECN Capital – Several Bright Spots in Manufactured Home Market Highlighted, Including Communities, Retail, Land-Home, Floor; MHStocks Update

RileyMooreWVBlackrockWokeCapitalismEconomicExtortionCouldDestroyUS.FreeMarketCapitalismMayViolateFiduciaryDutyToShareholdersAntitrustLawsPlusMHVilleStocksUpdateMHProNews
https://www.manufacturedhomepronews.com/riley-moore-blackrock-woke-capitalism-economic-extortion-could-destroy-u-s-free-market-capitalism-may-violate-fiduciary-duty-to-shareholders-antitrust/
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https://www.manufacturedhomelivingnews.com/unpacking-clayton-homes-linked-vanderbilt-mortgage-and-finance-fraud-and-rico-case-us-district-court-southern-district-of-texas-corpus-christi-division-case-no-c-09-312/
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Manufactured Home Communities (a.k.a. ‘Mobile Home Parks’ – SIC) – Exploring UMH Properties; Fellow Manufactured Housing Institute Member Yes! Communities Suits and Settlements; plus MH Markets Updates

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https://www.manufacturedhomepronews.com/masthead/50th-anniversary-celebration-year-sunshine-homes-1971-2021-from-mobile-homes-to-hud-code-manufactured-homes-and-modular-homes-a-romp-through-key-phases-in-manufactured-home-histo/
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CTAttorneyGeneralWmTongItsCriminalAndItsElderAbuseSunCommunitiesInLatestPrivateEquityMHVilleDramaInvolvingMajorManufacturedHousingInstituteMemberFactsAnalysisMHLivingNews
https://www.manufacturedhomelivingnews.com/attorney-general-wm-tong-its-criminal-and-its-elder-abuse-sun-communities-in-latest-private-equity-mhville-drama-involving-major-manufactured-housing-institute-me/

2023 Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.

Disclosure. MHProNews holds no positions in the stocks in this report.

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That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)

CongRepAlGreenDeskTamasKovachLATonyKovachPhoto12.3.2019ManufacturedHomeProNews
All on Capitol Hill were welcoming and interested in manufactured housing related issues. But Congressman Al Green’s office was tremendous in their hospitality. Our son’s hand is on a package that included a copy of the Constitution of the United States and other goodies. Tamas has grown considerably since this photo was taken. 

By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards and honors and also recognition in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position and may or may not reflect the views of sponsors or supporters.

 

 

 

 

 

 

 

 

Facts You Didn’t Know – Martin Luther King Jr – Videos, Insightful Quotes, Surprising Revelations, Videos, Reports, and Illustrations in Champion for Human Rights Including Affordable Housing

HUD Code Manufactured Home Building Down Nov 2022–Higher for Year per Manufactured Housing Association for Regulatory Reform Data, Facts-Insights Others Lack; plus MHVille Stocks-REITs Update

‘Manufactured Housing Closes Year on Cool Note, But Optimism Grows for 2023’ Says TRERC, But TMHA VP Rob Ripperda Lets Cat Out of Proverbial Bag, Exposing MHI; plus MHVille Market, Stocks Update

U.S. Housing Data Reveals Gaps-Underscores Vast Manufactured Housing Industry Potential, But Raises Corp, Trade Group Performance Concerns, Apparent Shareholder Effects; plus MHVille Stocks Update

 

After Admitted Failure, Manufactured Housing Institute Doubles Down on CrossMods® in AP Terminology Doc Acquired by MHProNews–Are MHI Leaders Sabotaging MHVille Independents? Plus MHStocks Update

Concessions by Speaker Kevin McCarthy in House Speaker’s Battle Called ‘Most Significant Win for Conservatives in a Decade’ By Federalist’s Emily Jashinsky Report; plus MHVille Stocks Updates

 

mas kovach mhpronews shopping with soheyla .jp

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