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.
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
It is useful to provide the views of both national trade associations engaged in the manufactured housing industry. MHProNews has been doing this from the early days of our publication, which is now over 14 years since our launch. For several years, the Manufactured Housing Institute (MHI) and the Manufactured
Per attorneys for the Manufactured Housing Institute (MHI), the manufactured home industry could suffer “Irreparable Harm” if the DOE energy rules for HUD Code manufactured homes are allowed to go into effect. Similarly, as the information that follows further below reflects, Cavco Industries CEO William “Bill” Boor is said by
The Texas Manufactured Housing Association (TMHA) and the Texas Real Estate Research Center (TRERC) have been collaborating for some time on a monthly report on the manufactured housing industry in Texas. Several, but not all, of their reports have upon closer examination proven to be controversial. For example, there are
Left-leaning NBC News said on 10.21.2023 that: “A tough market for homebuyers keeps getting tougher as the combination of rising prices and climbing mortgage rates makes it even harder to afford a home, new data shows. In spite of these challenges, people are still buying homes. About 4 million are
“Nobility Homes, Inc. engages in the design, manufacture, and sale of various manufactured and modular homes in Florida,” says a report by financial news site Simply Wall Street on manufactured home producer Nobility Homes (NOBH) that was updated on 22 October, 2023. While the financial news site didn’t give them
There is a case to be made that information is not only useful but it can be powerful. That implies a reverse truth. Namely, a lack of sound information is limiting. While free speech will always have its challenges, without free speech there are tremendous risks. When some palter, propagandize,
According to informed third-party sources, ‘rank and file’ manufactured home pros, managers, investors, and others are among the regular readers on MHProNews. Some entered manufactured housing with high hopes, only to see those hopes blunted. The ‘view from the trenches’ in MHVille is often different than manufactured housing ‘leaders’ project.
On October 12, 2023 the U.S. Government Accountability Office (GAO) published a new report entitled “The Affordable Housing Crisis Grows While Efforts to Increase Supply Fall Short.” That GAO report looks specifically at HUD Code manufactured homes. Per the GAO website: “What GAO Does,” “GAO provides Congress, the heads of
