The Texas Real Estate Research Center (RECenter.tamu.edu or TxRERC) has an apparent relationship with the Texas Manufactured Housing Association (TMHA). The TMHA in turn has a relationship with the Manufactured Housing Institute (MHI), what MHI terms them and dozens of other state associations as “MHI affiliates.” Among the firms that are members of both the TMHA and MHI is Cavco Industries. Those facts help tee up the following from TxRERC provided to MHProNews about HUD Code manufactured home focused report comparing insights with conventional housing entitled “Housing manufacturers expect rising costs, higher interest rates to level playing field with conventional builders.”
Housing manufacturers expect rising costs, higher interest rates to level playing field with conventional builders
COLLEGE STATION, Tex. (Texas Real Estate Research Center) – Manufactured-housing production has surged over the past two years and, according to the latest Texas Manufactured Housing Survey (TMHS), manufacturers expect even faster growth during the first half of 2022. Industry optimism has prompted a flood of capital expenditures and operational expansions.
“Manufacturers are working hard to make improvements to enhance efficiency in their plants,” said Dr. Harold Hunt, research economist with the Texas Real Estate Research Center at Texas A&M University. “Creativity is the key, and each manufacturer may not attack the problem in the same way. But the end goal is to crank out more units within their capacity constraints.”
The TMHS capital-expenditures index has accelerated in every month since the survey began in June 2020, corroborating the industry’s efforts to expand operations.
“Manufactured housing is centered on driving as much efficiency into the home-building process as possible,” according to Rob Ripperda, vice president of operations for the Texas Manufactured Housing Association. “That means homes from plants get built with less labor and less materials wasted. Given widespread inflationary pressures, manufacturers are bullish that their value proposition will only look better as site-built producers get hit harder by rising costs and interest rates.”
The manufactured-housing industry is not immune to inflationary pressures, which have accelerated due to supply-chain disruptions and labor-supply shortages. While manufacturers have passed some of these costs through to consumers, their product remains highly affordable compared with site-built housing, said Ripperda.
“Affordability advantages and robust demand outweighed pandemic-related and regulatory uncertainties that have loomed over the industry for nearly two years, and the outlook remains favorable through the first half of 2022,” he said.
Funded by Texas real estate licensee fees, the Texas Real Estate Research Center was created by the state legislature to meet the needs of many audiences, including the real estate industry, instructors, researchers, and the public. The Center is part of Mays Business School at Texas A&M University.
—30—
Texas Real Estate Research Center Editor’s note: As of Jan. 1, 2021, our official name is the Texas Real Estate Research Center. ##
Additional Information, more MHProNews Analysis and Focused Commentary
Generally speaking, the Texas Real Estate Research Center (RECenter.tamu.edu or TxRERC) report above is largely correct. Given the brevity of their report, it is no surprise that their report above leaves out insights that often more in-depth reports on MHProNews and MHLivingNews provides. What follows will round out missing insights.
Cavco Industries (CVCO) corporate leader, William “Bill” Boor, said during a Q2 2021 earnings call the following.
More recently Boor elaborated on that same point during the earnings call that is provide in the report and analysis linked below.
No report is better than its sources and available evidentiary materials. Manufactured housing is underperforming during the troubling but widely agreed upon affordable housing crisis. Now that the final data for 2021 is in, it is obvious that HUD Code manufactured housing is operating at some 29 percent of its last highwater mark of 1998. See those detailed in the reports and infographic shown below.
In most browsers and many devices, you can
click the image below and follow the prompts to see a larger size.
Follow prompts or hit back/escape key to return to this page.
Additional related facts, evidence and analysis is found from the latest media release by MHProNews shown below.
That report cross-links with others, including this one which MHI leaders declined to comment on or rebut. Thus, the public prima facie (per Oxford Languages = “accepted as correct until proved otherwise.”) case that manufactured housing is underperforming in part due to MHI failures and missteps, intentional or otherwise, stands unchallenged as of this time.
https://www.fhfa.gov/Media/Documents/Kovach-statement.pdf
Next up is our daily business news recap of yesterday evening’s market report, related left-right headlines, and manufactured housing connected equities.
The Business Daily Manufactured Home Industry Connected Stock Market Updates. Plus, Market Moving Left (CNN) – Right (Newsmax) Headlines Snapshot. While the layout of this daily business report has been evolving over time, several elements of the basic concepts used previously are still the same. For instance. The headlines that follow below can be reviewed at a glance to save time while providing insights across the left-right media divide. Additionally, those headlines often provide clues as to possible ‘market-moving’ news items.
Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…
Headlines from left-of-center CNN Business – from the evening of 2.7.2022
- Dramatic pay raise
- In this March 20, 2020, file photo, the Amazon campus outside the company headquarters in Seattle sits nearly deserted on an otherwise sunny and warm afternoon.
- Amazon more than doubles salary caps to $350,000 for US white-collar employees
- Forget America’s Great Resignation. It’s the Great Upgrade
- The US needs skilled workers. But the colleges that train them are woefully underfunded
- Expect markets to be on a wild ride until the Fed really starts raising rates
- Why there’s no need to fear a bear market
- Spirit and Frontier Airlines plan to merge
- Peloton is wounded. Amazon, Nike or Apple could buy it
- These workers are the only ones really seeing higher wages
- Ford suspends some production because of chip shortage
- ANALYSIS Why Beijing won’t put its economy on the line to rescue Putin
- Tesla still owns $2 billion in bitcoin, but crypto volatility has taken a toll
- This home was built for the next pandemic. See its defining features
- No blue Christmas, but filling Santa’s sleigh cost Hasbro a fortune
- Why every Costco product is called ‘Kirkland Signature’
- CNN is so much bigger than any one person
- Content by The Ascent
- A slam dunk if you need a balance transfer (21 months)
- The Bank of America Plaza tower behind a housing development in Atlanta, Georgia, U.S., on Friday, Dec. 3, 2021.
- Here’s how much house you can afford in your area
- Ro Khanna, D-Calif., speaks during the press conference in the Capitol to unveil the No War Against Iran Act on Thursday, Jan. 9, 2020.
- ‘I can’t imagine the consumer experience could get worse,’ Democratic lawmaker says of the Frontier-Spirit merger
- IRS halts plan to require facial recognition for logging in to user accounts
Headlines from right-of-center Newsmax – evening of 2.7.2022
- That’s 4 and Counting: Govs in 4 States Plan for End to School Mask Mandates
- Ukraine in Crisis
- US Officials Go to Europe to Coordinate Sanctions Options
- Macron Tells Putin He Seeks to Avoid War, Build Trust
- NSA Sullivan: Russia Invasion of Ukraine Could Come as Soon as Monday
- Biden’s Russia ‘False Flag’ Claim Raises Questions platinum
- US Airborne Infantry Troops Arrive in Poland
- Cardin: Bipartisan Russia Sanctions Almost Complete
- Barrasso: Putin Must Be Made to ‘Choke’ on Ukraine
- More Ukraine in Crisis
- Newsmax TV
- Fallon: Canceling Nord Stream 2 Would Deter Russia
- Meuser: Bill Requires Notification of Transported Immigrants | video
- Chris Smith: ‘About Time’ School Mask Mandates Lifted | video
- Blackburn: Beijng Focused on Propaganda Olympics Brings | video
- Fred Fleitz: China, Russia Alliance ‘Incredibly Dangerous’ | video
- Tenney: NY Dems’ Redistricting Plans Go Against Voters’ Wishes | video
- Dershowitz: Election Challenge Is Not a Power of VP | video
- More Newsmax TV
- Newsfront
- Rumble CEO Offers Joe Rogan ‘100 Million Reasons’ to Move Show
- Chris Pavlovski, the CEO of the video platform Rumble on Monday made podcaster Joe Rogan a $100 million dollar offer to bring his shows over to the rival platform…. [Full Story]
- Related Stories
- New York Pension Official, Worried About Misinformation, Seeks Spotify Report
- Spotify CEO: Silencing Joe Rogan Is Not the Answer
- Joe Rogan Apologizes for Racial Slurs: ‘I’m Not Racist’
- House Democrats Seek Stopgap Funding Through March 11
- Democrats in the House of Representatives on Monday introduced [Full Story]
- Frustrated Leslie Jones Considers Not Live-Tweeting at Olympics Anymore
- Actress Leslie Jones, who has a popular video narration of the Winter [Full Story]
- Can US Count Germany as an Ally Against Russia?
- President Joe Biden’s meeting on Monday with new German Chancellor [Full Story] | Platinum Article
- New Jersey to Eliminate Mask Mandate in Schools
- New Jersey will get rid of its mask mandate for students and school [Full Story]
- Related
- Delaware Joins New Jersey in Ending School Mask Mandates
- Easing Curbs in ‘COVID-zero Regions’ Could Cause 2 Million Deaths in a Year: Study
- Omicron-Specific Booster May Not Be Needed, According to Preliminary Study
- Chris Smith to Newsmax: ‘About Time’ School Mask Mandates Lifted |video
- Former FDA Chief Gottlieb Expects School Masking to Stop in Low COVID-19 Areas
- Republicans Debate Future of Jan. 6 Committee After Midterms
- The Jan. 6 committee will dissolve at the end of the current [Full Story]
- Hillary Clinton Back in Spotlight as Poll Shows Her Beating Biden in 2024 Primary
- Former Secretary of State Hillary Clinton is continuing to raise [Full Story] | Platinum Article
- Professor Charged With Passing Tech to China Seeks to Reinstate FBI Lawsuit
- A Temple University physicist who was charged with sharing scientific [Full Story]
- Pelosi’s Olympic Advice to Stay Quiet About China ‘Rings Hollow’
- Instead of asking America’s Olympic athletes to zip their lips about [Full Story] | Platinum Article
- Original ‘Fight Club’ Ending Restored in China
- The original ending for David Fincher’s 1999 cult classic film “Fight [Full Story]
- Puerto Rico to Increase Teachers’ Salaries by $1K a Month
- Puerto Rico’s governor announced Monday that all public school [Full Story]
- Hearing Delayed on Ex-cop’s Bid to Toss Murder Conviction
- A judge on Monday delayed for three months a hearing on former [Full Story]
- Biden’s Russia ‘False Flag’ Claim, Syria Strike Story Raise Questions
- The Biden administration’s inability or unwillingness to back up its [Full Story] | Platinum Article
- Wisconsin Couple Claims $316M Powerball Prize
- A northeastern Wisconsin couple have claimed half of a $632.6 million [Full Story]
- Actor and comedian Awkwafina has responded to long-standing criticism [Full Story]
- Former Top Russian General Warns Putin not to Attack Ukraine
- A decorated, retired Russian general has warned Russian President [Full Story]
- Ric Grenell: Big Tech Hypocritical for Allowing Iran Regime on Platforms
- It’s hypocritical for Big Tech to allow Iranian regime officials to [Full Story] | video
- Democrats Seek Bipartisan Support for Supreme Court Pick
- The White House and top Democrats are seeking potential swing votes [Full Story]
- Stacey Abrams Under Fire for Maskless School Read-In Day Photo
- Georgia Democrat gubernatorial candidate Stacey Abrams is under fire [Full Story]
- Trump White House Records Retrieved From Mar-a-Lago: Report
- The National Archives and Records Administration last month retrieved [Full Story]
- Spotify CEO: Silencing Joe Rogan Is Not the Answer
- Spotify Chief Executive Officer Daniel Ek says he “strongly” condemns [Full Story]
- Related
- New York Pension Official, Worried About Misinformation, Seeks Spotify Report
- JFK Assassination Expert: Shooter Lee Harvey Oswald Ordered by CIA Chief
- Lee Harvey Oswald, the man who assassinated former President John F [Full Story]
- US Olympic Figure Skater Zhou Out After Positive COVID Test
- S. men’s figure skater Vincent Zhou has tested positive for the [Full Story]
- White House Probe: Biden’s Top Science Adviser Bullied Subordinates
- An internal White House investigation found that President Joe [Full Story]
- Poll: Americans Say Choosing Black Woman for Supreme Court Not Important
- A plurality of Americans do not believe race and gender should be the [Full Story]
- Ottawa Declares State of Emergency Over COVID-19 Protests
- The mayor of Canada’s capital declared a state of emergency Sunday [Full Story]
- Frontier Airlines Buying Spirit in $3B Deal
- The parent company of the budget carrier Frontier is buying Spirit [Full Story]
- Experts: Fed Efforts Won’t Bring Down Housing Prices
- Experts are convinced that the U.S. housing market will continue to [Full Story]
- Former Pentagon Official: Chinese, Russian Hypersonic Weapons Threaten US Early Warning System
- The U.S. must catch up to Chinese and Russian advances in hypersonic [Full Story]
- National Review Backs Cheney, Kinzinger; Opposes Trump
- National Review editors again have come out swinging against former [Full Story]
- Former FDA Chief Gottlieb Expects School Masking to Stop in Low COVID-19 Areas
- Former Food and Drug Administration chief Scott Gottlieb told CBS’s [Full Story]
- More Newsfront
- Finance
- Pfizer’s COVID Cash Pile Opens Opportunities for Mega Deals
- Investors on Tuesday hope to learn Pfizer Inc’s plans for what could be a once-in-a-generation cash infusion from COVID-19 treatments and vaccines in 2022, with some looking for the drugmaker to spend on deals…. [Full Story]
- Digital Ad Company Aleph’s Revenue Jumps 85 Percent Ahead of US IPO
- US Economy Has Not Reached Fed’s Full Employment Goal: SF Fed
- Amazon Plans to More than Double Base Pay Cap to $350k
- Tyson Foods Shares Set Record as High Meat Prices Fatten Profits
- More Finance
- Health
- Two-Thirds of Americans Have Become ‘Germaphobes’ Since the Pandemic Began
- If a bottle of hand sanitizer is your favorite accessory, you may be one of the two out of three people who admit they’ve turned into a “germaphobe” since COVID-19 made us intensely aware of hygiene. A poll of 2,000 adults found that 69% of Americans say they’ve adopted new…… [Full Story]
- Health Services Disrupted by COVID in 92 Percent of Countries: WHO
- Antibodies From COVID Infection Last Up to 20 Months: Study
- Nerve-stimulation Device Enables Paralyzed Patients to Walk, Cycle and Swim
- Loneliness, Isolation Increase Women’s Heart Disease Risk Up to 27 Percent
Manufactured Housing Industry Investments Connected Equities Closing Tickers
Some of these firms invest in manufactured housing, or are otherwise connected, but may do other forms of investing or business activities too.
-
-
-
-
-
-
-
-
-
-
-
-
-
- NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender
- NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
- NOTE: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm. Thus, there is still periodic activity on DVLY.
-
-
-
-
-
-
-
-
-
-
-
-
-
In cases such as Apollo, Berkshire Hathaway, Blackstone or others, manufactured housing may only be part of their corporate interests. Note: depending on your browser or device, many images in this report can be clicked to expand. Click the image and follow the prompts. To return to this page, use your back key, escape or follow the prompts. 
https://www.manufacturedhomepronews.com/steve-lawler-deer-valley-corporation-dvc-otcmkts-dvly-announces-merger-plus-manufactured-home-investing-stock-updates/ 
https://www.manufacturedhomepronews.com/nobility-homes-financial-position-very-strong-sales-strong-but-challenges-including-lending-and-others-examined-plus-manufactured-housing-stocks-update/ - 2022 dawns …Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.
Enjoy these ‘blast from the past’ comments.MHProNews. MHProNews – previously a.k.a. MHMSM.com – has celebrated our 11th year of publishing, and is starting our 12th year of serving the industry as the runaway most-read trade media.
- 2022 dawns …Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.
Sample Kudos over the years…
It is now 11+ years and counting…
Learn more about our evolutionary journey as the industry’s leading trade media, at the report linked below.
· For expert manufactured housing business development or other professional services, click here.
· To sign up in seconds for our industry leading emailed headline news updates, click here.
Disclosure. MHProNews holds no positions in the stocks in this report.
That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)
By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards and honors and also recognition in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position and may or may not reflect the views of sponsors or supporters.
