Study – Top Reasons People Can’t Buy a House? Plus, Manufactured Housing Stock Updates

CNNmone3.7.2019ManufacturedHomeStocksMarketsReportsMHProNewsThere’s plenty of reasons why manufactured housing ought to be performing much better than it has been. The report featured this evening is about a survey by BankRate.  Properly understood, their data  could be added to the list of reasons why much more sales growth is possible.  On a day when the markets took a slide, our focus tonight is a possible silver-lining to can-do manufactured housing professionals, per data about mainstream housing that is reported by CNBC.

 

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further belowafter the newsmaker bullets and major indexes closing tickers.

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

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Select bullets from CNN Money…

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Select Bullets from Fox Business

  • Elon Musk’s SpaceX plans go up in smoke as Pentagon investigation of pot smoking nears end
  • Report shows US employers cut more jobs last month than in past 3.5 years
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  • The fight to bring Iran hostage Robert Levinson home to America

Today’s markets and stocks, at the closing bell…

 

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Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –

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This is the Number 1 obstacle keeping people from buying a home, per BankRate and CNBC.

  • Income shortfalls are the top reason why people aren’t buying homes, according to a survey from Bankrate.com
  • Monthly cash flow is a key factor in determining whether you can afford a home.
  • Forget student loans. Insufficient income is the No. 1 hurdle keeping many people from buying a home.
  • More than half of the participants in a survey by Bankrate.com cited inadequate income as a barrier to homeownership.
  • The personal finance site polled 2,668 adults between Jan. 30 and Feb. 1.
  • In fact, when it comes to buying a home, income shortfalls are an even bigger roadblock than credit card and student debt, Bankrate.com found.

 

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Related reports:

$170 Million Manufactured Home Community Acquisition by Giant RHP Properties, 17 MHCs, Now 25 States

 

HUD Secretary Ben Carson on Opportunity Zones, Revitalization, DROPS 2020 Announcement, Plus Manufactured Home Stock Updates

MHI’s Growth Agenda? Rick Robinson, JD, SVP Manufactured Housing Institute, Preemption Evidence, Writ of Mandamus, and Addressing HUD Code Manufactured Home Shipment Woes

President Donald Trump Talks About Factory Built Housing Legend to Scouts

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).

 

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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.

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