Official HUD Manufactured Housing Production Facts for Dec 2022 plus 2022 Year End Totals Explored by Manufactured Housing Association for Regulatory Reform (MHARR)-“Millions” Needed – Analysis
The Washington, D.C. based Manufactured Housing Association for Regulatory Reform (MHARR) has provided the following just-released report and analysis for their members, industry professionals, MHProNews, other media, plus more who are interested in affordable HUD Code manufactured housing.
HUD Code Manufactured Housing Production Declines Sharply in December 2022
Washington, D.C., February 6, 2023 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), HUD Code manufactured housing industry year-over-year production declined sharply in December 2022. Just-released statistics indicate that HUD Code manufacturers produced 6,406 homes in December 2022, a 20% decline from the 8,014 new HUD Code homes produced in December 2021. 2022, consequently, will conclude with cumulative production of 112,882 homes, a 6.7% increase over the 105,772 homes produced during 2021.
While overall industry production grew earlier in 2022, resulting in a cumulative annual production increase, the 20% production decline in December 2022, together with significantly weaker year-over-year industry production during the entire last quarter of 2022, should be a red flag regarding industry-specific impediments, such as discriminatory zoning exclusion and the ongoing absence of federal support for fully-competitive consumer lending within the manufactured housing market, which continue to suppress industry production levels well below where they should be, even in a full-employment economy. While others in the industry may try put a positive “spin” on these statistics, the fact remains that the industry – with these known, significant and unremedied post-production constraints – continues to underperform in a nation with a documented shortage of affordable housing units numbering in the millions. MHARR will continue to analyze this data, and will provide a further analysis and report in conjunction with its publication of January 2023 industry production statistics in early March 2023.
A further analysis of the official industry statistics shows that the top ten shipment states from the beginning of the industry production rebound in August 2011 through December 2022 — with cumulative, monthly, current year (2022) and prior year (2021) shipments per category as indicated — are:
The December 2022 data does not result in any changes to the cumulative top-ten list.
The Manufactured Housing Association for Regulatory Reform is a Washington, D.C.-based national trade association representing the views and interests of independent producers of federally-regulated manufactured housing.
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Additional Information with More MHProNews Analysis and Commentary in Brief
Last Friday, MHProNews published the following facts and analysis, which have now been confirmed.
The latest Masthead explores the stunning potential of manufactured housing, which amounts to millions of potential sales. Yet, once more the industry is experiencing a downturn?
MHPros must recall that following the momentum declared by the Manufactured Housing Institute (MHI) in 2018, manufactured housing went into a 2.5 year decline. MHI was once again posturing and bragging, even though out of the other side of their mouth they admitted that their CrossMods scheme was failing.
MHI and their leaders have been exposed once again. What will they do? Time will tell. But there are no indications at this time that they plan any sort of pivot. It seems that consolidation is the name of their game for the near term. Underperformance by manufactured housing, by accident or intent, creates a barrier of entry, persistence, or exit. Meaning, consolidators apparently see underperformance as in their interests. Additional information is found in the linked reports that further flesh out those concerns, evidence-based allegations, and topics. ###
Our son has grown quite a bit since this 12.2019 photo. All on Capitol Hill were welcoming and interested in our manufactured housing industry related concerns. But Congressman Al Green’s office was tremendous in their hospitality. Our son’s hand is on a package that included the Constitution of the United States, bottled water, and other goodies.
Tony earned a journalism scholarship and earned numerous awards in history and 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.
