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.
Apple’s famous co-founder Steve Jobs invested 5 months trying to recruit then Pepsi-Co CEO John Sculley to come to work for Apple. Sculley said no and shared Jobs’ reply. “Steve paused and thought for a while, and then he was about 18 inches away from me — and in those […]
Allied Market Research (AMR) has claimed that their “Exclusive Research” points to a significant growth in Manufactured Housing by 2027. They say it will be $38.8 billion, several times what the current U.S. total dollar value would be. “Not a day goes by that I don’t get a google alert
State workplace complaint records plus a fresh federal lawsuit filed against Clayton Homes, CMH division Marlette Homes, claim a pattern of racial slurs, racial bias, a hostile workplace, and sexual harassment. While Clayton Homes strongly denied the prior state related complaint, the Public Broadcasting Service (PBS) affiliate Oregon Public Broadcasting
As was reported in an exclusive news/analysis earlier this week, a corporate leader whose large firm is a member of the Manufactured Housing Institute (MHI) has accused the Arlington, VA based national trade group of not walking their talk. As a result, that informed source has forecast another manufactured housing
The Delta Variant. COVID and the Lambda Variant. CRT and racial issues. Is the Housing Market Overheated. Record 10+ Million U.S. Job Openings. Debate over Causes and Cures to Rising Crime Rates. Southern Border and Immigration. Inflation’s impact on Retirees, Lower- and Middle-Income Americans. Obama’s 60th Birthday Bash. Trump’s Tax Returns.
“Soon the industry will have a downturn for a variety of reasons and the non committed will suffer, maybe even fail.” So said a Manufactured Housing Institute (MHI) member corporate leader in an off the record emailed statement this past weekend to MHProNews. By contrast, apparent MHI surrogate, “the Colonel”
TalkMarkets has been cited by Bloomberg, Seeking Alpha, Nasdaq, Thompson Reuters, CNBC, and Investopedia, brags their “about us” page. They also mention their prior awards for “Best Stock Site of the Year.” “Charles Hugh Smith is the author of the oftwominds.com blog,” which Audible says is “#7 in CNBC’s top alternative
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
