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.
As thousands of manufactured housing professionals, as well as savvy investors know, zoning and placement issues are among the routinely cited practical causes for years of industry underperformance in terms of new manufactured home sales and thus new HUD Code production. The irony of that is that federal law was […]
According to the HUD website, “The purpose of an Alternate Construction (AC) letter is to permit manufacturers to build innovative manufactured (mobile) homes with the new technology. … Manufacturers must obtain permission from the Department prior to construction and shipment of homes built under the AC program.” HUD also defines the office in question issuing new AC letters as follows. “The Office of Manufactured Housing Programs (OMHP)
Yahoo Finance, citing TipRanks report of a ‘strong buy’ recommendation on UMH Properties in their report dated Wednesday, December 16, 2020, 6:54 PM EST, said the following. Their take will be followed by an alternative review from Seeking Alpha, also dated 12.16.2020. UMH Properties (NYSE:UMH) We’ll start in the real estate
An advanced copy of a legal research document has been provided to MHProNews. The report is some two dozen pages in length and is heavily footnoted. The document has clear implications for affordable housing seekers, current manufactured home residents, as well as for manufactured housing professionals, investors, public officials, and
There are now several antitrust suits that are at underway or pending with respect to the tech giants. Some are federal, some are state-based. Regular readers of MHProNews and/or our MHLivingNews sister-site are aware of these developments, because we track and report on it for several reasons. They include, but
This viral video from Grosse Pointe Shores MI Councilman and businessman Matthew J. Seely is arguably among the best legal summaries of the state of the 2020 election following the Electoral College action on Monday. As a news-analysis, let’s note that every part of that video is insightful. MHProNews has
“Formerly held in Tunica, the South Central Manufactured Housing Institute [SCMHI] has moved its annual manufactured home show to Biloxi, Mississippi. Held at the Imperial Palace Casino Resort and Spa, the 2021 Biloxi Show is quickly shaping up to be the industry’s premiere event of the year. From a wide
In a follow up to the report linked below, Deer Valley Homebuilders, which a corporate source there says is a formerly publicly traded company that used the DVLY symbol, announced their new senior management positions in the wake of the tragic loss of Charles “Chet” Murphree. According to their
Deer Valley Homebuilders Senior Management Restructured Following Chet Murphree’s Death Read More
Investors like maximum certainty. It is a longtime adage that is widely agreed to, and a similar comment could be made about professionals in a given industry. So, it logically follows that when there is uncertainty, investors and professionals like do not like that type of outcome. While attorneys may,
Starting at 10 AM on Monday 12.14.2020, former President Barack Obama’s Vice President Joe Biden (D) and his running mate Senator Kamala Harris (CA-D) are expected to be named by the Electoral College as the President and Vice President Elect. Others say, not so fast. Because the century-old fruit of
As what follows reveals, the accurate and brief answer to the headline question is – so far yes, no, and to be determined. A pre-pandemic manufactured housing trade event sheds light on the current professional, investor, and advocates’ landscape. At a display of manufactured homes, a high-ranking official of well-known
“Truth, Freedom, and Health” – Dr. Shiva Ayyadurai led the #StopTheSteal crowd in Washington, D.C. in the rally-style chant. The message in part is that if Americans don’t stand up and ‘Fix Election Integrity Now,’ ‘Or We Are All Fricking Slaves,’ said Ayyadurai. Ali Alexander is the head of the
Following the publication of the report earlier today about the Florida Manufactured Housing Association (FMHA) and Bow Sterns marketing program, some additional information and feedback was provided. In an on-the-record response from Jim Ayotte, Executive Director of the FMHA, came this statement. “Demand for manufactured housing in Florida is strong
The year 2020 will soon be ending. It is a time of year that some assess results to see where adjustments or improvement can or should be made. So, what can the manufactured housing industry’s professionals and investors learn from the experience of the Florida Manufactured Housing Association (FMHA) and
Evan T. Miller, J.D., in an article whose title begins with the phrase “Badges of Fraud and the Imputation of Actual Fraudulent Intent,” noted in Case No. 08-11407 that the trial judge found that the evidence “contained sufficient “badges of fraud” for the Court to draw the “reasonable inference…” that the
Attorney General Curtis Hill announced on December 8, 2020 that his office finalized a settlement with the company whose actions in 2019 forced multiple residents out of their mobile and manufactured homes, due in part, because they had no legal way to move their homes because they were never
The latest 8K filing by Sun Communities includes the factoid that Sun (SUI) has some 269 manufactured home communities. In their 3rd quarter report from Sun, which is found further below, Sun stated that they have “710” manufactured home sales. For those who don’t have their calculator handy, that is
“Another brutal wave of infections and associated economic shutdowns threaten to put beleaguered employers out of business for good,” wrote Alfredo Ortiz, President and CEO of the Job Creators Network. In a recent op-ed posted on their website as well as on Fox Business, Ortiz opened with the words “It’s
Earlier today, William “Bill” Boor, President and CEO led Cavco Industries was the subject of an in-depth report linked here. This evening’s report will be a more focused look at the headline topics, drawing from the in-depth statements and investor relations information Cavco (NASDAQ:CVCO) has published and provided. There are
In what follows from Cavco Industries’ most recent quarterly and annual statements, there are one or more topics raised that appear to be in response to reports and analysis previously generated exclusively by MHProNews. One example is the issue of manufactured home retailer “pushback,” see that further below. But there
