Often contrarian, routinely interesting ZeroHedge (ZH) pulled together facts from Case-Shiller’s Index, left-leaning Bloomberg, and home builder Pulte in a report on 10.25.2022 that proclaimed “Home Prices Plunge Most Since 2009, Pulte CEO Fears “Financial & Psychological Hurdles” Ahead For Homebuyers.” That initial segment for today’s Daily Business News on MHProNews will be followed by a feature from the Missouri vs. Biden lawsuit – previously reported here – that has claims evidence of a federal attempt at an end-around constitutional rights that seems to violate the First Amendment. An attorney general in that case took a key role in the Louisiana vs. Biden case which included the DOE energy rule amicus brief from the Manufactured Housing for Regulatory Reform (MHARR), but not the Manufactured Housing Institute (MHI). The last helping of manufactured housing “Industry News Tips and Views Pros Can Use” © today is our trademark REITs and MHVille stocks market report.
“Home Prices Plunge Most Since 2009, Pulte CEO Fears “Financial & Psychological Hurdles” Ahead For Homebuyers.”
BY TYLER DURDEN on ZeroHedge
TUESDAY, OCT 25, 2022 – 09:06 AM
After tumbling for the first time since 2012 in July, Case-Shiller’s 20-City Composite Home Price index was expected to drop even faster in August (the latest data available) as mortgage rates soared, crushing affordability. Analysts were right as the 20-City Composite index plunged 1.32% MoM (far larger than the 0.8% drop expected), diving the YoY growth in the 20-City Composite to 13.08% (well down from the 14.0% exp)
That is the biggest MoM drop since March 2009 and the slowest YoY growth since Feb 2021.
“The forceful deceleration in U.S. housing prices that we noted a month ago continued,” Craig J. Lazzara, managing director at S&P Dow Jones Indices, said in statement.
“Price gains decelerated in every one of our 20 cities. These data show clearly that the growth rate of housing prices peaked in the spring of 2022 and has been declining ever since.”
Miami, Tampa, Charlotte reported highest year-over-year gains among 20 cities surveyed, while on a seasonally-adjusted basis, prices fell the most in August (MoM) in San Francisco (-4.3%), Seattle (-3.9%), San Diego (-2.8%), and Los Angeles (-2.3%).
The growth in the national home price index has now slowed for 5 straight months (now below 13% YoY for the first time since Feb 2021). The absolute drop in the growth rate of 2.62 percentage points is the largest ever…
Source: Bloomberg
Finally, given the unprecedented explosion in mortgage rates, just where will home prices end?
Source: Bloomberg
We would like to think Powell’s plan does not involve that kind of collapse… or maybe it is – since prices will have to fall considerably more to become affordable for the average American to follow his ‘dream’.
As Lazzara previously concluded, “as the Federal Reserve continues to move interest rates upward, mortgage financing has become more expensive, a process that continues to this day. Given the prospects for a more challenging macroeconomic environment, home prices may well continue to decelerate.”
And by way of example, Pulte Homes today, during their earnings conference call, said that it was expanding incentives, including price-cuts, as sales slump.
“Demand clearly slowed in the period as dramatically higher interest rates created financial and psychological hurdles for potential homebuyers,” Ryan Marshall, PulteGroup’s president and chief executive officer, said in the statement.
Additionally, contracts were canceled in 24% of deals in the period, up from 15% in the second quarter, the Atlanta-based builder said in a statement Tuesday. Purchase contracts fell 28% from a year earlier to 4,924, missing the average estimate of 5,715 from analysts surveyed by Bloomberg. And bear in mind that this is for Q3 (after the heavily lagged Case-Shiller Index) with Pulte warning in today’s call that “demand got even more challenging in October”. ##
WND
Lawsuit: 67 federal agencies pushing Big Tech to censor Americans
Vast scheme had officials tell private consortium which messages to suppress
By Bob Unruh
Published October 24, 2022 at 1:48pm
Shortly after, Rep. Kevin McCarthy, as a candidate to be House Speaker if Republicans become the House majority in November, promised an investigation.
Now columnist Miranda Devine at the New York Post has revealed that, “So far, 67 officials or agencies – including the FBI – have been accused” of those apparent First Amendment violations.
Her evidence, she said, comes from a little-noticed federal lawsuit, Missouri v. Biden, which has generated “astonishing evidence of an entrenched censorship scheme cooked up between the federal government and Big Tech.”
The strategy, she said, “would make Communist China proud.”
“So far, 67 officials or agencies — including the FBI — have been accused in the lawsuit of violating the First Amendment by pressuring Facebook, Twitter and Google to censor users for alleged misinformation or disinformation,” she explained.
Devine noted her own publication was a victim, when the FBI went to Facebook and warned with “great specificity to watch out for a ‘dump’ of Russian disinformation pertaining to Joe Biden.”
That would have been the Post’s accurate, but damaging to Biden, reports about the family’s international business schemes, appearing just before the 2020 election.
Those reports, based on Hunter Biden’s abandoned laptop, were not disinformation. They were accurate reports, and the suppression of that, on the FBI’s instructions, now is considered by many to have changed the winner of the 2020 election from President Trump to Joe Biden.
The lawsuit was summarized by Missouri Attorney General Eric Schmitt, who said, “We allege that top-ranking Biden administration officials colluded with those social media companies to suppress speech about the Hunter Biden laptop story, the origins of COVID-19, the efficacy of masks, and election integrity.”
The material being censored routinely was categorized as “misinformation” about pandemic lockdowns, vaccines, COVID-19 and the Bidens, even though it was not.
Explained Devine, “Defendants include FBI special agents Elvis Chan and Laura Dehmlow, who gave Facebook that detailed ‘disinformation’ briefing right before The Post was censored; White House press secretaries, current and former, Karine Jean-Pierre and Jen Psaki; Dr. Anthony Fauci, the president’s chief medical adviser, and former White House senior COVID-19 adviser Andrew Slavitt; counsel to President Biden Dana Remus; the DHS over the disbanded Disinformation Governance Board; the Cybersecurity and Infrastructure Security Agency; the FDA; the State Department; and the US Election Assistance Commission.”
A federal judge already has ordered Fauci and Jean-Pierre to turn over their records.
The report said the civil action by AGs in the two states overlaps with a separate case by former New York Times reporter Alex Berenson, who charges that internal Twitter documents and more confirm “internal Twitter documents and Slack conversations showing Biden administration officials instructed the social media company to de-platform him because he was dissenting from the official line on school lockdowns and the efficacy of vaccines.”
A commentary at RedState said Biden and Barack Obama had accomplished “what even Richard Nixon couldn’t do.”
The commentary noted that Sen. Ted Cruz, R-Texas, pointed out that Obama put “hard partisans” into career positions at DOJ, the FBI and more, and that now has “metastasized under Biden.”
“Let’s break this down, so far: Former intelligence and national security officials argue that centralized censorship is not only crucial to protecting national security but also in advancing U.S. foreign policy, on one hand, and the Obama-weaponized DOJ, FBI, and IRS targeting political enemies metastasizing under the presidency of Joe Biden, on the other hand. What could possibly go wrong? We’re about to find out.”
It cited the work by Devine and the discovery that 67 government officials or agencies were involved in pressuring Facebook, Twitter and Google to censor users.
The commentary said, “Banning and censoring conservative opinion and factual information, under the false pretense of misinformation or disinformation, that contradict the lies and narratives of the Biden administration and upset the supreme potentates of Google, Facebook, Amazon, Twitter, and other Big Tech companies, smacks of the heady days of the Soviet Union and today’s Communist China.”
WND reported earlier this month that the censorship scheme worked like this: Leftist officials and agencies within the federal government, barred by the Constitution from censoring people directly, told a coalition of leftist organizations which messages to suppress.
Those groups then complained repeatedly to Big Tech about those messages, in order to get them censored.
McCarthy said, “I have long been critical of the attempts by Big Tech to censor voices the federal government tells them to. Whether directly through their proposed so-called ‘Disinformation Governance Board’ or indirectly by using private groups to do the government’s bidding, these are fundamental violations of the First Amendment — the foundation of our free society. ”
He said holding both ends of that scheme – the government and Big Tech – accountable would be among his goals should the GOP be the House majority after the elections.
Just the News earlier had reported the censorship campaign reportedly “impacted over 4,800 web URLs, 20 news organizations, two dozen conservative influencers such as Sean Hannity, Charlie Kirk and Mark Levin and nearly 22 million social media posts.”
McCarthy said the strategy, which preceded the failed plans by the Biden administration to create a “Disinformation Governance Board,” was both troubling and a violation of the Constitution. Plans for that board were dropped because of the public outrage its proposal triggered.
The report said Republicans already are taking steps to prepare for such an investigation. If the GOP is the House Majority, Rep. James Comer, R-Ky., is a candidate to chair the House Oversight Committee.
Just the News reported he’s preparing notifications to parties to preserve evidence.
And Rep. Andrew Clyde, R-Ga., a key member of the House Homeland Security Committee, is working on legislation that would explicitly outlaw federal involvement in any Big Tech censorship.
WND also earlier reported that those private organizations that took orders from leftists to censor messages the Biden administration dislikes later were rewarded with millions of federal dollars from the Biden administration.
It was the Stanford Internet Observatory, the University of Washington’s Center for an Informed Public, the Atlantic Council’s Digital Forensic Research Lab, and social media analytics firm Graphika who assembled a “concierge-like service.”
Under its guidelines federal agencies like Homeland’s Cybersecurity Infrastructure Security Agency and State’s Global Engagement Center were allowed to file “tickets” requesting that specific online story links and social media posts be censored or flagged by Big Tech, the report said.
That service also was provided to the Democratic National Committee, Common Cause and the NAACP, as well as the Homeland-funded collaboration called the Elections Infrastructure Information Sharing and Analysis Center.
The operation itself boasted of sending out information-suppression instructions on more than 4,800 URLs – share nearly 22 million times on Twitter alone – for social media platforms to take action.
“The tickets sought removal, throttling and labeling of content that raised questions about mail-in ballot integrity, Arizona’s ‘Sharpiegate,’ and other election integrity issues of concern to conservatives,” Just the News reported. ##
12 Reasons Why It Is Impossible For Any Rational Person To Be Optimistic About The US Economy At This Point
Authored by Michael Snyder via The Economic Collapse blog,
Things haven’t looked this bad for the U.S. economy since 2008. We are in the midst of the worst inflation crisis in decades, the housing market has started to collapse, some of the largest companies in America have begun laying off workers, and economic activity is slowing down all around us. Of course Joe Biden is telling us that our economy is “strong as hell”, but that is just because he wants his party to do well in the upcoming elections. Ultimately, anyone that takes a truly objective view of things is forced to admit that the outlook for the months ahead is incredibly bleak.
Right now, even some of our society’s most relentless optimists are warning that tough economic times are ahead.
For instance, in a post on Twitter Elon Musk just suggested that we could be suffering through a recession until the spring of 2024…
If Elon Musk is any type of financial prognosticator, the market and economy could be in trouble for more than a year to come.
When prompted in a Twitter thread early on Friday morning, the Tesla CEO said that he thought the current recession would last “probably until spring of ’24”.
Because he is such an optimist, Musk believes that economic conditions will turn around eventually.
But what if they don’t?
What if the “perfect storm” that we are currently enduring ultimately results in the collapse of everything?
Are you prepared for such a scenario?
The following are 12 reasons why it is impossible for any rational person to be optimistic about the U.S. economy at this point…
#1 According to a recent Gallup survey, two-thirds of Americans believe that economic conditions are getting worse. When such a large proportion of the population starts behaving as though an economic downturn is coming, that actually makes an economic downturn even more likely. So many Americans are starting to hold on to their money more tightly, and that is having lots of ripple effects.
#2 The second largest auto lender in the United States just announced that it “saw charge-offs for retail auto loans quadruple in the third quarter”. We are also seeing credit card delinquencies start to rise. We certainly aren’t at 2008 levels yet, but we are moving in that direction.
#3 Cargo traffic at the Port of Los Angeles just declined to the lowest level that we have seen since the early days of the pandemic. As I noted earlier, economic activity is beginning to slow down all over the nation. One recent survey discovered that 98 percent of corporate CEOs believe that a recession is coming, and those CEOs are behaving accordingly.
#4 Major retailers such as Walmart and Target have been canceling billions of dollars in orders as they seek to cut back inventory levels. In all my years, I have never seen our largest retailers cancel so many orders just prior to the holiday season. Are they expecting the next couple of months to be a total bust?
#5 Existing home sales just fell to a 10 year low. We all knew that the housing market was going to implode once the Federal Reserve started to aggressively raise interest rates, but at this point that implosion is happening faster than most of the experts had anticipated.
#6 U.S. homebuilder sentiment has declined for 10 months in a row. That is a brand new record. I really feel sorry for you if you are a homebuilder or if you work for one. The months ahead are not going to be pleasant for you.
#7 60,000 real estate deals were called off in the month of September alone. I was stunned when I first saw that number. All over the country buyers are realizing that they agreed to pay too much and are feverishly trying to back out of deals while they still can.
#8 Mortgage demand has plunged to the lowest level in 25 years. Things never even got this bad during the downturn of 2008 and 2009. To me, this is a really troubling sign.
#9 Ian Sheperdson, the chief economist at Pantheon Macroeconomics, is projecting that home prices could fall 20 percent over the next year. Hopefully that will not happen, but there is also a possibility that they could fall even further than that. We will just have to wait and see how rapidly this new crisis plays out.
#10 U.S. diesel inventories have fallen to the lowest level since 2008. This is something that we will want to watch very carefully, because the U.S. economy runs on diesel.
#11 The core consumer price index has just surged to “the highest level since 1982”. Even though the Federal Reserve has been on an insane rate hiking spree, our inflation crisis continues to rage out of control. And as prices continue to soar, our standard of living is being absolutely eviscerated.
#12 A model created by Bloomberg economists Anna Wong and Eliza Winger indicates that there is a 100 percent chance of a recession within the next 12 months. Of course it is entirely possible that their model could be wrong. But without a doubt this is not a good sign.
Previous generations of Americans handed us the keys to the most prosperous economy that the world has ever seen.
But instead of managing it carefully, we have piled up the biggest mountain of debt in the history of the planet, we have transformed Wall Street into the globe’s largest casino, and we have systematically destroyed the reserve currency of the world.
Thanks to a very long series of incredibly foolish decisions by our leaders, we are now facing a war with Russia, a collapse of the housing market, a global food crisis, a global inflation crisis and a worldwide financial meltdown simultaneously.
The entire system is starting to crumble all around us, but most people still believe that things will “return to normal” at some point.
Personally, I would love to see things “return to normal”, but unfortunately it appears that is not likely to happen any time soon.
* * *
It is finally here! Michael’s new book entitled “7 Year Apocalypse” is now available in paperback and for the Kindle on Amazon. ##
Additional Information with More MHProNews Analysis and Commentary in Brief
Bloomberg’s economists Anna Wong and Eliza Winger may say that there is a 100 percent chance for a recession in the next twelve months. But there are those who say that the recession is already here. The question becomes how much might it worsen over the next year? The industry ought to be roaring. The good news is that manufactured housing has been continuing its steady rise, despite conventional housing overall sliding in recent months as interest rates and higher prices have slowed that market. But the industry’s so-called post-production sector continues to fail the industry, and then fails to engage in a meaningful defense of its behaviors and lack of action on key issues. That may well result in an otherwise avoidable downturn in the coming months.
To learn more, see the related reports, linked above and below.
To start the solution to these vexing trends, see the report linked below.
Daily Business News on MHProNews Markets Segment
NOTICE: Based on feedback, a modification of our Daily Business News on MHProNews recap of yesterday evening’s market report is provided. It will still include our left (CNN Business) and right (Newsmax) ‘market moving’ headlines. The macro market moves graphics will provide context and comparisons for those invested in or tracking manufactured housing connected equities.
Reminder: several of the graphics on MHProNews can be opened into a larger size. Click the image and follow the prompts in your browser or device to OPEN In a New Window. Then, in several browsers/devices you can click the image and increase the size. Use the escape or back key to return.
Headlines from left-of-center CNN Business – from the evening of 10.26.2022
- Recession worries Wall Street
- Traders gather around a post as Twitter shares resume trading on the floor at the New York Stock Exchange in New York, Tuesday, Oct. 4, 2022.
-
Note: depending on your browser or device, many images in this report and others on MHProNews can be clicked to expand. Click the image and follow the prompts. For example, in some browsers/devices you click the image and select ‘open in a new window.’ After clicking that selection, you click the image in the open window to expand the image to a larger size. To return to this page, use your back key, escape or follow the prompts. A key indicator in the bond market is flashing signs of a potential downturn
- Top Senate Democrat warns the Fed against causing mass job losses
- Housing slowdown: New home sales fell 10.9% in September
- Don’t be fooled by a strong GDP report
- Xi Jinping just became unassailable. Here’s why investors are scared
- Europe now has so much natural gas that prices just dipped below zero
- Bed Bath and Beyond names a new CEO and the stock drops like a rock
- Clorox recalls popular cleaning product for possible bacteria risk
- Kanye West no longer a billionaire, says Forbes
- Brands have fled Kanye. Now his music career hangs in the balance
- Apple will support USB-C charging to comply with new EU requirement, exec says
- Halloween candy prices soar by the most since at least 1999
- Spirit Halloween CEO lists some of the hottest costumes this year
- Content by The Ascent
- It’s official: now avoid credit card interest into 2024
- CSX Transportation Inc. freight trains sit parked in a railroad yard ahead of a potential freight rail workers union strike in Louisville, Kentucky on Sept. 14, 2022.
- Threat of rail strike rises as members of another union reject proposed labor deal
- The Chevy Bolt’s huge sales prove America is craving a cheap electric car
- A California marijuana company is being sued over the potency of its joints
Headlines from right-of-center Newsmax 10.26.2022
- HS Football Coach Fired for Post-Game Prayers Being Reinstated
- Joseph Kennedy, the high school football coach who lost his job in 2015 for praying on the field after games, will be reinstated by March 15, according to a new report. [Full Story]
- The 2022 Elections
- Poll: 2 in 5 US Voters Fear Intimidation at Polls
- Fetterman Tries to Play Down Health in Debate With Oz
- Alaska GOP Censures McConnell for Backing Murkowski
- ‘Gen Z’ Trumpster Karoline Leavitt in Near Tie in N.H.-1 Race
-
“In the business world, the rear-view mirror is always clearer than the windshield.” – Warren Buffett. That begs a key question. Why don’t more people LOOK at the rearview mirror so they can learn more about the patterns that influence what’s ahead? Note: depending on your browser or device, many images in this report can be clicked to expand. or example, in some browsers/devices you click the image and select ‘open in a new window.’ After clicking that selection, you click the image in the open window to expand the image to a larger size. To return to this page, use your back key, escape or follow the prompts. Pelosi: ‘I Cannot Believe Anybody Would Vote for’ GOP
- Even Al Franken Is Attacking the Democrats
- EWTN Poll: GOP Dominates With Catholics in 6 States
- DOJ Drags Feet Disclosing Biden’s Plans to ‘Get Out the Vote’
- Losing on Economy, Democrats Decide to … Talk up Economy
- More The 2022 Elections
- Newsmax TV
- Fitzgerald: Federal Bill Would Stop No-Bail Policies | video
- Pataki: Hochul Defense of Crime Rate a DebateMistake | video
- Rosendale: Energy Costs Top Factor in Montana Midterms
- Bolton: Putin’s Dirty Bomb Threat Meant for Political Score | video
- Weber: Releasing Oil Reserve Is ‘Election Year Ploy’ | video
- Alina Habba: Trump Has ‘Nothing to Hide’ Pertaining to Jan. 6 | video
- Kari Lake: Dems ‘Reality Deniers’ on ‘Planet Crazy’ | video
- Steil: GOP Has to Vote, Not Rely on Polls | video
- More Newsmax TV
- Newsfront
- Jon Stewart: Hunter Biden Burisma Link ‘Corrupt on Its Face’
- On a recent episode of “The Problem With Jon Stewart,” the host, with British journalist Gabriel Gatehouse, criticized the way the Hunter Biden laptop story has been downplayed…. [Full Story]
- Ford to Exit Russia Following JV Stake Sale
- Ford Motor Co. said Wednesday it would exit Russia, the latest [Full Story]
-
In instances 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 and others on MHProNews can be clicked to expand. Click the image and follow the prompts. For example, in some browsers/devices you click the image and select ‘open in a new window.’ After clicking that selection you click the image in the open window to expand the image to a larger size. To return to this page, use your back key, escape or follow the prompts. US Crude Exports Surge to Record, Stocks Up Again
- S. crude oil stockpiles rose in the most recent week, even as the [Full Story]
- Dem Sen. Mark Kelly: ‘Arizonans Are Sick’ of Biden’s Border Policies
- Mark Kelly, D-Ariz., who is in a tight race against Republican [Full Story]
- Archives Insists Trump Referral to DOJ Unrelated to House Probe
- The National Archives and Records Administration is insisting that [Full Story]
- Sunak Faces ‘Immense’ Political, Economic Challenges
- Rishi Sunak is the third British Prime Minister this year after [Full Story] | Platinum Article
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- Russia said on Wednesday it would continue to make the case to the [Full Story]
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- Russia Fires Rockets at Ukraine
- CNN Employees Worried About Job Cuts
- A recent business review of CNN has employees worried that widespread [Full Story]
- Dick Morris: ALERT — GOP Faces Early Voting Danger Again!
- Can the 2020 nightmare repeat itself this election year? Well, the [Full Story]
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- Russian state TV host Vladimir Solovyov has called for satellites [Full Story]
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- Given the growing Chinese menace to Taiwan and the lessons learned in [Full Story] | Platinum Article
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- Supreme Court Justice Samuel Alito said this week that the leaking of [Full Story]
- These U.S. Restaurant Chains Have Announced They’re Closing In 2022
- com
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- Infectious disease experts warn of a heightened cold and flu season [Full Story]
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- The three main greenhouse gases hit record high levels in the [Full Story]
- Hillary’s Conspiracy Theory: GOP Already Plans ’24 Election Theft
- “Right-wing extremists” have a plan already in place to “literally [Full Story] | video
- Moderna Close to US Deal for Ebola, Biological Vaccines
- Moderna Inc. is nearing a deal with the U.S. government to develop [Full Story]
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- A new poll by the University of North Florida Public Opinion Research [Full Story]
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- Dozens of Georgia absentee ballots might have been destroyed when a [Full Story]
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- Republicans are projected to pick up 12-25 seats in the upcoming [Full Story]
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- A Wisconsin man was convicted Wednesday of killing six people when he [Full Story]
- HS Football Coach Who Lost Job for Praying After Games to Be Reinstated
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- Video Report: Trans Activists Take Over Women’s Room
- Transgender activists have taken over a women’s restroom at UNAM [Full Story] | video
- Judge: Mark Meadows Must Testify in Georgia Election Probe
- A judge on Wednesday ordered former White House chief of staff Mark [Full Story]
- 3 Men Convicted of Supporting Plot to Kidnap Michigan Gov. Whitmer
- Three men accused of supporting a plot to kidnap Michigan’s governor [Full Story]
- Video Report: Ye No Longer on Forbes’ Billionaire List
- After being dropped from a number of corporations, Adidas, CAA, [Full Story] | video
- Video Report: Hungarian PM Orban Defends Bannon
- Hungarian Prime Minister Viktor Orban is voicing his support for [Full Story] | video
- DOJ Probes PGA Tour, Augusta National Golf Club
- Augusta National Golf Club, the U.S. Golf Association and PGA of [Full Story]
- Menendez Under Investigation Again: Report
- Robert Menendez is the subject of a new federal investigation, [Full Story]
- US Goods Trade Deficit Widens
- The U.S. trade deficit in goods widened in September amid declining [Full Story]
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- Twitter Inc.’s stock inched closer to Elon Musk’s $54.20 per share [Full Story]
- Americans Put $1.25 Million Price Tag on Comfortable Retirement
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- Vitahealth
- More Newsfront
- Finance
- DOJ Probes PGA Tour, Augusta National Golf Club
- The Augusta National Golf Club, the PGA Tour and the U.S. Golf Association are included in the U.S. Justice Department’s antitrust investigation into professional golf, The Wall Street Journal reported Wednesday, citing people familiar with the matter…. [Full Story]
- US State Attorneys Probe Kroger-Albertsons Deal
- Equities Could Fall Another 25%, Goldman Analysts Warn
- Trump, Eye-Popping Prize Money Cap LIV Doral
- Stocks Emerge From Tech Gloom on Hopes of Slower Hikes
- More Finance
- Health
- Do You Have a Cold, Flu, RSV, or COVID-19? Know the Telltale Symptoms
- Infectious disease experts warn of a heightened cold and flu season coming this winter. Sniffles, sore throats, and other symptoms may be signs of a cold, the flu, RSV or even COVID-19. While many symptoms overlap, a few distinctive signs can help you tell them… [Full Story]
- Your Spices May Be Harboring Dangerous Bacteria
- AstraZeneca Experimental Drug Meets Main Goals of Breast Cancer Study
- Controlling Blood Pressure May Reduce Risk for Dementia
- Vitamin D Deficiency Increases Risk for Premature Death
===================================
- NOTE 1: The 3rd chart above includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender
- NOTE 2: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
- NOTE 3: 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.
- Note 4: some recent or related reports to the equities named above follow.
2022 …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.
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Disclosure. MHProNews holds no positions in the stocks in this report.
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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.
