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.
GuruFocus and Yahoo Finance were both among those in the financial media which reported the following information for Skyline Champion (SKY) most recent quarterly report for that organization’s “Q2 Fiscal 2024.” For regular people, that corporate lingo by SKY means the period ending September 30, 2023. According to Mark Yost, …
“Chinese President Xi Jinping arrived in San Francisco ahead of a closely watched meeting with President Joe Biden and a whirlwind visit to the city for the Asia-Pacific Economic Cooperation (APEC) summit.” So stated the San Franscico Standard on 11.14.2023. That helps set the stage for the following Q&A by …
“Some Venezuelan migrants who trekked thousands of miles to the US in search of a better life are so disheartened, they say they’re already heading back home,” said the New York Post. “Michael Castejon, 39, told the Chicago Tribune he has had enough after he, his wife and teenage stepdaughter spent …
“The manufactured housing industry is a wonderful industry,” said UMH Properties’ Eugene “Gene” Landy during their most recent quarterly earnings call. “But it is capital-intensive…” “…and if we need to raise capital, we’ll do that.” Eugene Landy also said: “And right now, we may be able to make some really …
Evidence-based, factual and ethical enlightenment can lead to more prudent behavior, savvier planning, and successful action. With that in mind, we routinely try to weave together on this platform various facts and evidence that may not initially seem to be interrelated. Just as the case can be made that a …
On this Veterans Day, several facts and insights are going to be considered. In no particular order of importance, it is fashionable among many Americans to walk up to someone who appears to be a veteran and thank them for their service to the country. Something similar may occur with …
To grasp why what follows is literally historic, it helps to understand who Christopher “Chris” S. Stinebert is and the significant role he played in the now tragically diminished world of 21st century manufactured housing (a.k.a. MHVille). According to Chris Stinebert’s LinkedIn profile, he served as the president and CEO …
As just one of the eye openers, per Sun Communities (SUI) Chairman, President, and CEO Gary Shiffman in their most recent quarterly earnings call transcript is this: “The steps that we are thinking about, the fact that we have shared, we stopped new development and the acquisition, continuing converting transient …
To grasp the subtlety in Mark Weiss’ opening lines, it is useful to know that he is an attorney, besides being the 2nd President and CEO of the Manufactured Housing Association for Regulatory Reform (MHARR). In as much as the words “regulatory reform” are part of MHARR’s name, when you …
Sometimes referred to as “black hats,” the cocky predatory brands operating in MHVille should take notice. ‘Gray hats’ tempted to turn predatory ‘black hat;’ the case outcome reported herein may offer a good reason to think twice. ‘White hats‘ and affordable housing consumers who are hurt by an artificially diminished …
According to Bing AI: “KeyBank operates in 15 states with over 1,200 branches and 1,500 ATMs 1.” Bing AI also said on this date that “KeyBank is one of the largest bank-based financial services companies in the United States, with assets of approximately $188 billion as of September 30, 2023 1.” On October 26, 2023 KeyBank …
A fresh series of Q&As testing the Bing AI (Artificial Intelligence) Chat tool reveals fascinating insights into modern manufactured housing. The following is a series of questions and answers with Bing AI Chat on 10.31.2023 through 11.5.2023 performed by MHProNews. Note that on these dates, Bing AI does not ask …
The latest statistics for September 2023 were released on 11.3.2023 and are provided herein from the Manufactured Housing Association for Regulatory Reform (MHARR). The data release reveals a month-over-month decline from August 2023 as well as a year-over-year drop since September 2022. New manufactured housing production has now been falling …
“YES Communities is an operator of manufactured housing communities based in Denver, Colorado. YES has been recognized as the Manufactured Housing Institute’s “Community Operator of the Year” from 2009 to 2019.” So says the firm’s press release (PR) via Globe Newswire. Their PR pitches “A heartwarming community initiative” that per …
According to the press release from New York Governor’s office: “…Kathy Hochul today signed legislation to support homeowners at manufactured home parks, a critical source of affordable housing for residents in New York State, particularly Upstate and in rural areas.” New York State Senator James Skoufis said: “This bill package …
“It Reads Like a Crime Novel” is a pull quote from Barbara Loe Fisher’s article via the Mercola website and used below with their permission. Another pull quote is: “This is not the America my parents and I grew up in. It is not the America I want my children …
According to HomeLight: “If you’ve turned on the news or tried to buy a house since 2020, you’ve probably already heard about the housing shortage and its contributions to the soaring cost of real estate. And while it’s easy to blame this shortage on the pandemic, the so-called “urban exodus,” …
An authentic way to track the trends in manufactured housing is by using factual measurements based upon new U.S. manufactured home production and trends. This report is being posted in part to counter apparent paltering and posturing of data, statistics, graphics and trends by others in MHVille rather than clearly …
It is not only potentially useful, but important for manufactured home professionals and affordable policy advocates open to manufactured housing to consider research and position statements like the one below from Prosperity Now, the Housing Assistance Council (HAC), and the Lincoln Institute of Land Policy. The document cited and republished …
From the most recent Sun Communities (SUI) investor presentations (linked further below) are two of the headline statements. ‘Compelling Supply – Demand Fundamentals’ said SUI’s IR pitch with ‘Virtually No New Supply Has Been Added for Years.’ Those remarks are by a prominent Manufactured Housing Institute (MHI) member with a …
