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.
Kevin Clayton. Clayton Homes. Manufactured housing. Geico Insurance is mentioned in Buffett’s latest annual letter. The glories of float, compound interest, and reasons for buying that gecko symbol insurance brand is part of what is promoted in Warren Buffett’s annual cover letter to Berkshire Hathaway (BRK) shareholders. But the 6 […]
6 Things Missing From Warren Buffett’s Annual Letter Read More
If you’ve been buying fuel lately, you’ve noticed that prices have been rising in recent weeks. The tragedy of Venezuela is part of that backstory. Make no mistake. As one of the top proven oil reserves in the world, that Latin American nation’s political and economic upheaval are impacting the
Notice. Friday’s closing numbers and typical data recap was unavoidably delayed by what was originally thought to be day meetings, that ended up going long, turned into an unplanned overnight, that went well into Saturday. Hopefully the rare absence Friday evening of this data made the hearts of our
Senator Dick Durbin (IL-D), On The Record, RE: Green New Deal, plus MH Stock Updates Read More
“Craig Borges filed a complaint on Jan. 30 in the 24th Judicial District Court against New Orleans Modular Homes LLC and John Albert Rodriguez,” said the Louisiana Record. Borges claims he has not been repaid for a loan made to the company. “The plaintiff is seeking all reasonable sums due,
Modular Company Sued For Alleged Breach on Four Homes Read More
“After hearing from more than 15,000 people and consulting with many experts, the City saw both support and need for a tax on empty homes in Vancouver. A 2016 City of Vancouver survey found that more than 90% of Vancouver residents surveyed agreed that empty homes were a problem; a
There are several new and recent items that are purportedly making it ever more clear what is occurring that are artificially stymieing manufactured housing industry growth. There is a new report from the Washington, D.C. based independent producers association – linked below – that raises several disturbing concerns. They should
Is Manufactured Housing Industry Backstab Coming Into Clearer Focus? Read More
As the headline news from CNN and Fox Business reflect, there’s a flurry of items that contributed to the stimuli for investors on a largely down broader markets day, and a mixed day for manufactured home stocks and equities. But something to watch are those voices that keep trying
China Trade, Fed, Mixed Signals on Meh Day, Plus Manufactured Home Market Updates Read More
Keenya Robertson is a fair housing advocate and the President of Housing Opportunities Project for Excellence (HOPE). She said “Something is not right,” per Yahoo News. “People are being treated differently because they are from a different country. That is a violation of the Fair Housing Act,” Robertson said, according
The manufactured housing industry has to a significant degree been conquered. Who will be the leaders and the voices that liberate our industry, it’s millions of home owners, and the millions more who could benefit from manufactured home living? That’s a tough but pertinent question, as the battle
Love him. Hate him. Agree, disagree or be ‘meh’ about his policies and politics. Ignore the scandals attached to his wife and himself if you wish, because hundreds of thousands of donors clearly have. Senator Bernie Sanders, a self-proclaimed socialistic independent from Vermont has announced he is running for the
A manufactured home community (MHC) professional told MHProNews that the single largest competitor for our industry is subsidized housing. Ponder that statement. That and the recent Daily Business News on MHProNews report linked here and further below about ‘appalling’ are apt backgrounds for the following stern warning from the U.S.
HUD Warns PHAs, Manufactured Housing Pros – Take Note Read More
In a press release to the Daily Business News on MHProNews, is the following from the New York State Attorney General’s (NY AG) office. The release contains the details of the suspect arrested and charged with swindling over a $1 million dollars from would-be buyers of factory-built homes. The NY
The headline question, according to a manufactured home industry attorney familiar with the issues, says what attorneys often do. “It depends.” Under the headline, “RM LAW Announces Class Action Lawsuit Against Cavco Industries, Inc.” one reads the following. “RM LAW, P.C. is a national shareholder litigation firm. RM LAW, P.C.
The Daily Business News on MHProNews recently referenced the Sam Zell quote, “If Everyone is Going Left, Look Right.” Paul Harvey, on his famous radio show, might have said this about “the rest of the story.” A prior version of that quote by Zell had left and right reversed. Sometimes, we utter
The data that follows is according to a February 11, 2019 report from the Manufactured Housing Institute (MHI) delivered by email to their members. The Arlington, VA based trade group issued it with their normal copyright notice, but as their attorneys know, there are specific circumstances when copyrighted materials can
In New York State, numerous incidents connected to manufactured home communities and manufactured homes has been making news. But not in a positive way. Recently, there were several dozen cases of rent-to-own or ‘contract-for-title’ transactions by community operators that caught the ire of the N.Y. State Attorney General’s office.
Manufactured Home Community Residents on ‘Rent Strike,’ Republican Lawmaker Calls Foul Read More
There are potential issues that ought to have been raised in the 2020 Census that experts have told the Daily Business News on MHProNews should have been included. That will be a topic of a planned upcoming report. But today’s U.S. Census topic impacts every affordable housing or manufactured home
The 2020 Census, Supreme Court, Manufactured Housing, and You Read More
“In the business world, the rear-view mirror is always clearer than the windshield.“ – Warren Buffett, per Industry Week. That’s Buffett quote is one that our publisher agrees on 100 percent. MHProNews’ publisher was a multiple award-winning history major, in high school and college. So, there are days like today that he likes to have
Presidents Day Facts and Video Quiz Read More
In states such as Colorado or Texas, one can find Clayton Homes owned manufactured home retail stores which achieve significant sales volume and/or higher earnings for their general managers (GM). One such Clayton retail GM – per sources with the Knoxville, TN metro based firm – earns over a million
Clayton Retail GM Earns Big Bucks, Insider Insights for Manufactured Housing Read More
Let’s be clear. The publishers of MHProNews are political independents. We believe that affordable housing is a non-partisan issue. A new report stresses the notion that Democratic and Republican lawmakers can and are working across the partisan political divide to promote manufactured homes as an important part of the solution
