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.
On a day when the markets were muted and down awaiting several developments on trade and other politically or macro-economic sensitive issues, we’ll look this evening at a promotion by one of the top ten states in manufactured housing industry shipments. Beyond our left-right news summary bullets, today’s market graphics, […]
Public policies have consequences on both sides of the U.S.-Canadian border. MHProNews recently spoke with a reasonably well to do Canadian couple wintering in Florida. Among the points they shared was that the high cost of housing there was increasingly a problem, notably so in several cities. That problem has
Often those factory-builders who construct only modular housing will draw a bright-line distinction between themselves and manufactured homes. In doing so, they may co-mingle dated an inaccurate terminology with manufactured housing, including ‘trailer house’ or ‘mobile homes,’ while making it clear that they are none of the three. Perhaps it
There are similarities and differences between what Bernie Madoff did that landed him in federal prison for a multi-billion-dollar scheme and what Warren Buffett and his cronies are allegedly doing to affordable housing in general and manufactured housing specifically. One similarity is both billionaires for a time were successful in
The recent Federal Housing Finance Administration (FHFA) listening session in Washington, D.C. and their aftermath have added wrinkles to a growing body of evidence of corrupt and harmful practices purportedly involving federal officials, Fannie Mae, Freddie Mac, certain business and related nonprofits. To oversimplify, aspects of federal laws that aimed
This first video reminds everyone that factually accurate reporting occurs across the left-right divide. On December 7, 1941 is recalled as a “day that will live in infamy,” when the Japanese pulled a surprise attack on Pearl Harbor. While there is much more that could be said, the bottom line
The latest job creation and unemployment data is in. The reports reflect the best job numbers in 50 years, per the Labor Department of left-of-center CNBC’s analysis of their data. What that should mean for manufactured housing will be our focus for this evening. As a just for funnies side
Securities and Exchange Commission (SEC) law and regulations are a specialized arena of legal practice. A simple Google search demonstrates that point. The SEC is tasked with regulating publicly traded companies. It was the SEC that issued a subpoena to former Cavco Industries (CVCO) Chairman and CEO Joe Stegmayer and
According to Realtor.com, “Home sales will drop, the housing shortage could become the worst in U.S. history, and home values will shrink in some cities,” said CNBC. That 2020 forecast from Realtor.com is from an organization with one of the largest databases of housing statistics available. As troubling as that
Residents, including activists with Warren Buffett donation backed MHAction, are protesting another rent hike by giant community operator RHP Properties. In doing so they obtained support from Democratic State Senator James Skoufis who called their behavior clearly illegal under their state’s new rent control law. RHP denied that charge, saying
The Duty to Serve manufactured housing – most often of interest to the lack of personal property or ‘home only’ chattel lending – has been at center stage recently. But not to be forgotten are other lending options that have also been mysteriously sidelined, while higher rate loans take their
The good news, per the Manufactured Housing Association for Regulatory Reform (MHARR) latest production data for October 2019 is that shipments are up year-over-year. The production trend, which means shipments too, are back up. The problematic points realistically are numerous. But problems – properly understood and navigated – spell opportunities
More Mixed News on October 2019 Manufactured Housing Production, Shipment Data Read More
The short version of the latest data, per the Texas Manufactured Housing Association (TMHA) to Manufactured Home Pro News (MHProNews) is that the totals rose compared to September 2019, but are down year over year and compared to October 2018. On a day when China-US trade news sent the broader
#1 Texas Latest Oct 2019 Shipment Data, plus Manufactured Home Investing, Stock Updates Read More
Accuracy is – or should be – a hallmark of journalism, including trade journalism. Actionable insights ought to be part of the mix as well for those writers who want to see the most proven form of affordable housing in America flourish instead of struggle after years of seemingly intractable
The final speaker at today’s “listening session” at the Federal Housing Finance Agency offices was Maurice Jourdain-Earl, shown in the featured photo this evening with his wife. Jourdain-Earl is the Managing Director of Compliance Tech. The pull quote at the top was how he opened his address earlier today. An
It is a legal victory being hailed by plaintiffs as a “landmark case” securing a record settlement against a community operator that attorneys said left their residents in squalor while raising site rents rapidly. Readers can decide if that claim is hyperbole, or if this now settled case should send
Time has passed since I briefly spoke with JD Harper of the Arkansas Manufactured Housing Association (AMHA). We were at the Tunica Manufactured Housing Show and were walking in different directions in a public place. Some years earlier at a different industry event JD and I chatted a bit longer
There are any number of issues that arise day-by-day that impact manufactured housing that may have little or nothing to do with the Manufactured Housing Institute (MHI). Something similar could be said of several key MHI member companies. That’s reality. That said, it is MHI that has taken upon itself
Vexing Questions Dogging Manufactured Home Industry Go Unanswered by Key Figures Read More
We should thank God often for the growing use of the term, “fake news.” Obviously, not all news is fake. Some reports are accurate, but others are less so. The reports below are examples of sources that generate purportedly pseudo reports on manufactured housing investing and other news. There is
The reports like the one in this fact-check and analysis may appear in your news feed or that of others doing various types of ‘industry research.’ They are all-too-common. They might look at a glance like they come from a press release to a mainstream news source here
