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 August 5, 2021 Cavco Industries (CVCO) provided the following media release on what they say are historic levels of gross earnings and net income. Of course, as is routinely true of this and other stocks, there are too few references to the effect of inflation on this corporate ‘record.’ […]
This DOE energy rule is a big issue for our industry, as will be unpacked in this report and analysis. But before diving into the significantly distinctive views and reports between the two national trade associations in manufactured housing on the pending and “costly” Department of Energy (DOE) rule for
$1 billion in acquisitions is just the tip of the iceberg. Reading the transcript of the Sun Communities (SUI) Q2 2021 Earnings Call is to encounter a near euphoric sense of growth. Despite the fact that the earnings call occurred in the wake of PINO Joe Biden’s White House statements
The once lauded Governor of New York (D), Andrew Cuomo is now facing an array of allegations brought by 11 accusers and numerous others who were interviewed during a 5 month investigation available here. That investigation was by fellow Democrat New York Attorney General Letitia James, J.D. Previously hailed by
“I would say I have no intention of retiring anytime soon. So, I’m going to keep working. We’re going to probably stand up a consulting firm with some of my former colleagues at HUD and at FHA,” former HUD Deputy Secretary Brian Montgomery told RMD in February 2021. DSNews said
Millions of Americans have no aspirations to be on city council or mayor. They do not seek to be on the local school board or serve as a county commissioner, much less be state representative, a U.S. Congressman, Senator, or the President of the United States (POTUS). The everyday person
It’s true. Not every fake is a fraud. But every act of fraud involves some form(s) of faking. That seemingly paradoxical fact is the troubling backdrop to much of what has been reported in the past several days that impacts affordable housing in the U.S. in general, and manufactured homes
Neither the big picture nor the finer details that influence our profession should be overlooked. Last Sunday’s postscript examined the significance of the terms DINOs, RINOs, JINOs, CINOs, and MHINOs. With that in mind, the following by author Patricia McCarthy entitled, “It Can’t Happen Here? It IS Happening Here!” was
There are several muted, a boisterous, and several significant responses to recent revelations from the video statement by HUD Secretary Marcia Fudge by the professionals of the manufactured housing industry in general, and Manufactured Housing Institute (MHI) and Manufactured Housing Association for Regulatory Reform (MHARR) members and leaders more specifically.
MHProNews made a number of inquiries to see if normally informed sources were aware of the announced deal between The Commodore Corporation (TCC) which is being acquired by Cavco Industries (CVCO). Further, as a possible upcoming report may reveal, there are indications that Commodore’s leadership – specifically founder Barry S.
“Whether we call it a housing bubble or not, the current situation is untenable. Prices are rising, homeownership is increasingly out of the reach of many Americans, and the alternative (renting) is also increasingly expensive, especially in the most job-rich parts of the country,” said left-leaning VOX on June 7,
“Knowledge is potential power” is the English translation for the Latin aphorism, “Scientia potentia est.” In an email from the Capital Research Center (CRC), Tom Woods and Michael Malice have been credited with charging that rather than speaking truth to power, journalists today often serve as the lapdogs for the
It was on 12.13.2015 that award-winning consumer affairs journalist Jan Hollingsworth did a report on the zoning and placement problems vexing manufactured housing that included comments from Clayton Homes, an independent manufactured housing retailer, and then-MHEC member Jay Hamilton. It was entitled “Local Star Chambers Wage War on Affordable Housing.”
Ghorbani Nails Zoning Answers to “How” and “Who” Read More
The virtue of humility is as important as the thoughtfully applied quality of courage. Humility should not be misunderstood as being a doormat. Work horses come in many forms. Work horses may quietly seem to be plodding along. Then on a given day, looking back, the large field is plowed.
As the battle within manufactured housing industry’s businesses and two primary trade groups rage, new surveys shed light on several hot-button topics. Deep dive reports – mixed with a good dose of satire – like the one linked below may or may not move people who want change to press
Awards are often a thinly veiled marketing tool for those who give an award and for those who accept it. When the Manufactured Housing Institute (MHI) gives awards, it often gets them nearly free media coverage. When some company brags that they got an MHI award, it gets MHI’s name
HUD Secretary Marcia Fudge said this week in a House Financial Services Committee Hearing that “Until we start to address this [zoning/placement barriers for HUD Code manufactured homes] we are going to continue to be perpetually in this kind of situation.” That sobering line by U.S. Housing and Urban Development
The backdrop to the Manufactured Housing Institute (MHI) 2021 annual “facts” could be outlined in this fashion. The case could be made that Civic Alliance member Edelman’s claim that there is what they called a “Raging Infodemic” in the U.S. today is quite correct. Indeed, from across the left-right divide,
“A full-time minimum-wage worker can afford a one-bedroom rental in only 7% of all US counties — 218 counties out of more than 3,000 nationwide,” said left-of-center CNN Business in their article on the National Low Income Housing Coalition (NLIHC) report called “Out of Reach 2021: The High Cost of
In the Western U.S. town of Garden Valley, Idaho, the lowest price listing or a house is for a $340,000 pre-HUD Code 1971 mobile home on a modest-sized piece of land. Other listings go as high as $2 million dollars, according to local realtor Jim Jardine and nearby KTVB 7
