News Reports: Housing news updates and reports for Manufactured Home and Modular Housing Industry professionals and investors. Business – daily fact checks, market reports, and analysis.
For the 36 million plus officially unemployed there are not many silver linings in the facts that are pouring in from a variety of sources, including the Federal Reserve. The 2020 data dwarfs the so-called Great Recession of 2008-2009 that was sparked by the housing/finance meltdown largely sparked by so-called …
“What a bunch of BS about working with Dana Wade. Blow their [MHI] cover, as they didn’t do a damn thing to replace Pam Danner. In fact, they [MHI] wanted her [Danner] to stay and they are on record in the Washington Post saying it.” That comment came from an informed …
Insider Blows Whistle on Dana Wade Confirmation Statement Read More
Levenfeld Pearlstein LLC Law Provides Updated Guidance on SBA’s PPP Economic Necessity Certification, plus Manufactured Housing Investing, Stock Updates The markets have largely been sliding for three days. As stunning as it may have sounded a mere 60 to 90 days ago, there are those who think that the markets …
“This is 100% untrue and complete nonsense.” Dave Reynolds, partner of Frank Rolfe in Impact Communities, Mobile Home University, other manufactured home community operations, and members of MHI/NCC and business allies with various Berkshire Hathaway owned companies. “Push Rents [in manufactured home communities] Relentlessly…” Dave Reynolds, partner with Frank …
In mid-January, President Donald J. Trump had signed the so-called “phase one” trade deal with China. On February 5th, the U.S. Senate voted to acquit President Trump along largely partisan lines of the impeachment that kept the media and much of the public’s rapt attention for weeks. On March 13, …
There are those in as well as outside of various trade groups who are either singing the blues or are quietly celebrating “unprecedented opportunities” as a result of the Wuhan Virus pandemic. The focus of this report will be statements by companies who are involved in manufactured housing that relate …
“Sales of manufactured homes decreased 12% during the three months ended March 31, 2020 from the prior year period primarily due to the impact of COVID-19 and governmental stay-at-home orders and social distancing. We anticipate that sales will improve as the impact of the virus is reduced. Demand for quality affordable housing …
A report on May 5, 2020 from the National Federation of Independent Businesses (NFIB) headline states that “Small Businesses Finally Receiving Financial Help, 61% Received Funds From PPP Loan.” The subheading further noted that their survey revealed that “Half applied through small/community bank; Nearly all owners concerned about increased liability claims.” …
Small Business Bailout$ – Data-Driven Updates on PPP and EIDL SBA Loans Read More
Publicly traded firms have long recognized the connection between employment levels and economic activity in general with the sale of big-ticket items like housing, vehicles, RVs or boats. So, the brief story of ‘4 star’ Mexican restaurant in north Lakeland, FL provides a clue as to what the U.S. economy, …
Think of what follows as a six-month warning to the bulk of the manufactured housing industry from a relevant industry player. As an analogy, it’s mildly akin to the fourth quarter – or the two-minute warning – in a game of American football. The game clock is winding down. What’s …
Manufactured Housing Industry Given 6 Month Warning Read More
There are three pull quotes from the LCII investor relations call found further below that are worth teasing. In addition, as with 9/11 and the 2008-2009 recession, we expect there to be business to pick up as a result of suppliers that have difficulty coming back from this. Further, customers …
There are beyond any doubt winners and losers in this tragic Wuhan Virus outbreak. Death tolls are climbing in the U.S. passed 75,000. Unemployment has gone from historic lows to record highs as over 33,000,000 lost their jobs in a matter of weeks. Medical, modelers and media projections from January …
“Never Let a Good Crisis Go To Waste” – COVID19 Pandemic – Problems and Solutions Read More
“Achieving full self-awareness can be difficult, especially when new biases emerge in our constantly evolving world. So where do we begin?” That’s the question near the conclusion of the article that wraps the Visual Capitalist’s new infographic on the left-right media divide and spotting various types of cognitive biases infographic. That source …
There is a division of views in manufactured housing among professionals and observers as to what the prognosis is for industry sales post-Wuhan Virus pandemic. Some involved in the Manufactured Housing Institute (MHI) orbit are predicting a drop of some 20 to 30 percent. Meanwhile, while acknowledging the severe drop …
There will be a few shocked readers in the audience tonight who may wonder, why this generally ‘good news’ story that involves Clayton Homes but focused on others is being featured as our spotlight tonight? It would be a fair question coming from those with furrowed brows. Readers of MHProNews …
A link arrived in an MHProNews inbox to a report published on The Quad City Times (QCTimes) by writer Graham Ambrose published on April, 24, 2020. The headline read, “‘Sure, it sounds unfair. But there’s nothing illegal about it’: How residents of Quad Cities trailer parks [SIC1] are getting pinched …
Sam Zell, Equity Group Investments and Equity LifeStyle Properties chairman and founder, equates the current coronavirus pandemic to the Great Depression. Zell told Bloomberg today that everyone will be “permanently scarred” from this contagion’s effects. Besides the Bloomberg video snippets and the full interview video, all found below in our …
This is an instance when the surprise is good news for numbers of manufactured housing professionals. Indications from an often reliable MHI connected source that HUD Code shipments would decline in March 2020 have proven to be inaccurate. Despite the forced closures by COVID19 of dozens of production centers in …
Surprising March 2020 Manufactured Housing New Home Production, Shipment Data Read More
Tomorrow morning, MHProNews will publish the surprising March 2020 manufactured housing production/shipment data. That data juxtaposed with this ‘flash report’ from the American Enterprise Institute (AEI) for the dates shown. That featured focus will be found beyond two of our graphical snapshots of the markets, before our manufactured home connected …
“Where the hell have you been?” Outside of a big box store on Sunday 5.3.2020 was a black man was talking on his cell phone, wearing personal protective gear. “Where the hell have you been?” was what he said to the person on the other end of his call. “When …
