Facts-Data-Surveys-U.S. Manufactured Housing Industry Production Trends from all 50 States with Latest Census Data 10.2023 for Manufactured Homes+HUD Single Family Conventional Housing Sales

FactsDataSurveysUS.ManufacturedHousingIndustryProductionTrendsFromAll50StatesWithLatestCensusData10.2023ForManufacturedHomesHUDsingleFamilyConvHousingSalesMHProNews

An authentic way to track the trends in manufactured housing is by using factual measurements based upon new U.S. manufactured home production and trends. This report is being posted in part to counter apparent paltering and posturing of data, statistics, graphics and trends by others in MHVille rather than clearly reflect the reality of manufactured housing production and shipments that are known in October 2023 based on official federal information sources. The facts herein will reveal that manufactured housing is broadly down at this time.  Manufactured home production is lower both as measured by year-over-year changes in production and shipments (2023 vs. 2022), but also as measured by production in the 21st century vs. the last decade of 20th century. But according to the Census Bureau: “In 2000, the U.S. Census Bureau counted 281.4 million people in the United States,” while WorldOMeter said that the: “United States 2023 population is estimated at 339,996,563 people at mid-year” 2023.

Meaning, even though the population of the U.S. has grown by nearly 121 percent, manufactured housing production is down sharply since 2000.

According to the most recent data from the Manufactured Housing Association for Regulatory Reform (MHARR), which cites official information compiled on behalf of the U.S. Department of Housing and Urban Development (HUD): “HUD Code manufacturers produced 8,670 new homes in August 2023, a 19.1% decrease from the 10,722 new HUD Code homes produced in August 2022. Cumulative production for 2023 is now 58,692 homes, a 27% decrease from the 80,431 homes produced over the same period during 2022.” That would be an average of 7336.5 new HUD Code manufactured homes produced monthly through August 2023. Annualizing that monthly rate of 7,336.5 homes produced for the entire year could yield some 88,038 homes for 2023. That would be the lowest total production since 2016 (see that further below in Part II of this report and analysis).

In 2000, total manufactured housing industry production was 250,366 single and multi-section homes. If the industry had merely kept pace with population growth, that should mean that manufactured housing in 2023 should have produced 302,500 homes. So, at the current pace, doing the math tells thinkers and observer that there is a deficit of some 214,462 new manufactured homes in this year alone. 

Millions Missing

The implications of the facts are stunning. Because doing that math for each year in the 21st century vs. production in 2000 implies that all told, literally millions of manufactured homes that could have been built had the industry merely kept pace weren’t as a result of the industry’s 21st century slide.

Yet federal legislation was enacted in 2000 and 2008, each of which was supposed to boost manufactured housing to higher levels than occurred in 2000. It is entirely conceivable that there would be no U.S. housing shortage had federal legislation merely been properly enforced. If Cavco Industries is correct when they said earlier this year that the U.S. needs 6 million housing units, that shortage could well have been met by manufactured housing production alone. More on that other topics will be examined in Part II of this evidence-based report and analysis below.

Against that stunning backdrop, Part I of this report will provide information from official sources as shown. As noted, October 2023 reporting of federal data in manufactured housing reflects August 2023 results. Other than the Manufactured Housing Association for Regulatory Reform (MHARR), no other known manufactured housing trade association routinely and accurately provide such information, per Bing’s Artificial Intelligence (AI) tool. See that further below.

Part II of this report will provide additional information with more MHProNews analysis and commentary. Facts and implications like the example above will be reviewed and analyzed.

With that preface in mind, here are the cold, hard facts.

 

Part I

#1 HUD Code manufactured home data from IBTS

Institute for Building Technology & Safety‎
Shipments and Production Summary Report 08/01/2023 – 08/31/2023

 

Shipments
State SW MW Total Floors
Dest. Pending 6 5 11 16
Alabama 669 211 880 1,090
Alaska 0 0 0 0
Arizona 50 129 179 308
Arkansas 67 78 145 223
California 38 206 244 461
Colorado 31 17 48 66
Connecticut 7 8 15 23
Delaware 9 22 31 53
District of Columbia 0 0 0 0
Florida 158 456 614 1,074
Georgia 134 204 338 542
Hawaii 0 0 0 0
Idaho 11 27 38 68
Illinois 92 40 132 172
Indiana 154 57 211 269
Iowa 22 11 33 44
Kansas 41 20 61 81
Kentucky 107 179 286 465
Louisiana 242 114 356 471
Maine 35 66 101 167
Maryland 4 2 6 8
Massachusetts 1 8 9 17
Michigan 183 141 324 465
Minnesota 26 33 59 92
Mississippi 139 133 272 405
Missouri 60 64 124 188
Montana 13 21 34 56
Nebraska 27 3 30 33
Nevada 20 25 45 72
New Hampshire 17 27 44 71
New Jersey 22 6 28 34
New Mexico 49 77 126 205
New York 46 93 139 232
North Carolina 208 316 524 840
North Dakota 13 8 21 29
Ohio 103 57 160 217
Oklahoma 70 105 175 281
Oregon 23 73 96 174
Pennsylvania 84 79 163 240
Rhode Island 6 0 6 6
South Carolina 125 243 368 611
South Dakota 15 14 29 43
Tennessee 81 197 278 475
Texas 691 706 1,397 2,111
Utah 9 16 25 41
Vermont 11 11 22 33
Virginia 51 56 107 164
Washington 17 101 118 225
West Virginia 37 46 83 129
Wisconsin 77 37 114 151
Wyoming 14 7 21 28
Canada 0 0 0 0
Puerto Rico 0 0 0 0
Total 4,115 4,555 8,670 13,269
THE ABOVE STATISTICS ARE PROVIDED AS A MONTHLY
SUBSCRIPTION SERVICE. REPRODUCTION IN PART OR
IN TOTAL MUST CARRY AN ATTRIBUTION TO IBTS, INC.

 

Production
State SW MW Total Floors
States Shown(*) 243 307 550 861
 Alabama 843 679 1,522 2,201
*Alaska 0 0 0 0
 Arizona 66 144 210 356
*Arkansas 0 0 0 0
 California 36 174 210 390
*Colorado 0 0 0 0
*Connecticut 0 0 0 0
*Delaware 0 0 0 0
*District of Columbia 0 0 0 0
 Florida 69 238 307 548
 Georgia 121 335 456 792
*Hawaii 0 0 0 0
 Idaho 36 73 109 191
*Illinois 0 0 0 0
 Indiana 545 227 772 999
*Iowa 0 0 0 0
*Kansas 0 0 0 0
*Kentucky 0 0 0 0
*Louisiana 0 0 0 0
*Maine 0 0 0 0
*Maryland 0 0 0 0
*Massachusetts 0 0 0 0
*Michigan 0 0 0 0
 Minnesota 84 61 145 206
*Mississippi 0 0 0 0
*Missouri 0 0 0 0
*Montana 0 0 0 0
*Nebraska 0 0 0 0
*Nevada 0 0 0 0
*New Hampshire 0 0 0 0
*New Jersey 0 0 0 0
*New Mexico 0 0 0 0
*New York 0 0 0 0
 North Carolina 183 287 470 757
*North Dakota 0 0 0 0
*Ohio 0 0 0 0
*Oklahoma 0 0 0 0
 Oregon 35 180 215 405
 Pennsylvania 215 303 518 821
*Rhode Island 0 0 0 0
*South Carolina 0 0 0 0
*South Dakota 0 0 0 0
 Tennessee 553 747 1,300 2,047
 Texas 1,086 800 1,886 2,695
*Utah 0 0 0 0
*Vermont 0 0 0 0
*Virginia 0 0 0 0
*Washington 0 0 0 0
*West Virginia 0 0 0 0
*Wisconsin 0 0 0 0
*Wyoming 0 0 0 0
*Canada 0 0 0 0
*Puerto Rico 0 0 0 0
Total 4,115 4,555 8,670 13,269
(*) THESE STATES HAVE FEWER THAN THREE PLANTS.
FIGURES ARE AGGREGATED ON FIRST LINE ABOVE
TOTALS TO PROTECT PROPRIETARY INFORMATION.

Ashok K Goswami, PE, COO, 45207 Research Place, Ashburn, VA

Part I #2. HUD and Census Bureau Conventional Residential Housing Data

 

U.S. Dept. of Housing and Urban Development
Office of Public Affairs
(202) 708-0685
hudpublicaffairs@hud.gov
October 25, 2023

HUD AND CENSUS BUREAU REPORT NEW RESIDENTIAL SALES IN SEPTEMBER 2023

WASHINGTON – The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for September 2023:

 

HUD and Census Bureau New Single Family Residential Housing Data 2023-10-28 185926 MHProNews
MHProNews 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.

New Home Sales

Sales of new single‐family houses in September 2023 were at a seasonally adjusted annual rate of 795,000, according to estimates released jointly today by the U.S. Census Bureau and the Department of Housing and Urban Development. This is 12.3 percent (±16.6 percent)* above the revised August rate of 676,000, and is 33.9 percent (±22.9 percent)* above the September 2022 estimate of 567,000.

Sales Price
The median sales price of new houses sold in September 2023 was $418,800. The average sales price was $503,900.

For Sale Inventory and Months’ Supply
The seasonally‐adjusted estimate of new houses for sale at the end of September was 435,000. This represents a supply of 6.9 months at the current sales rate.

The October report is scheduled for release on November 27, 2023.  View the full schedule in the Economic Briefing Room:
www.census.gov/economic-indicators/. The full text and tables for this release can be found at www.census.gov/construction/nrs/.

EXPLANATORY NOTES
These statistics are estimated from sample surveys. They are subject to sampling variability as well as nonsampling error including bias and variance from response, nonreporting, and undercoverage. Estimated average relative standard errors of the preliminary data are shown in the tables. Whenever a statement such as “2.5 percent (±3.2%) above” appears in the text, this indicates the range (‐0.7 to +5.7 percent) in which the actual percent change is likely to have occurred. All ranges given for percent changes are 90‐percent confidence intervals and account only for sampling variability. If a range does not contain zero, the change is statistically significant. If it does contain zero, the change is not statistically significant; that is, it is uncertain whether there was an increase or decrease. The same policies apply to the confidence intervals for percent changes shown in the tables. Changes in seasonally adjusted statistics often show irregular movement. It takes 3 months to establish a trend for new houses sold. Preliminary new home sales figures are subject to revision due to the survey methodology and definitions used. The survey is primarily based on a sample of houses selected from building permits. Since a “sale” is defined as a deposit taken or sales agreement signed, this can occur prior to a permit being issued. An estimate of these prior sales is included in the sales figure. On average, the preliminary seasonally adjusted estimate of total sales is revised about 3 percent. Changes in sales price data reflect changes in the distribution of houses by region, size, etc., as well as changes in the prices of houses with identical characteristics. Explanations of confidence intervals and sampling variability can be found at the Census Bureau’s website.

Notice of Revision: With this release, seasonally adjusted estimates of housing units sold, housing units for sale, and the months’ supply of new housing have been revised back to January 2018. All revised estimates are available on the Census Bureau website.

“HUD’s mission is to create strong, sustainable, inclusive communities and quality affordable homes for all.” … ##

 

Part I #3 – U.S. Census Bureau Manufactured Housing Survey Report for October 2023

The most recent national report from the U.S. Census Bureau and HUD are as follows.  Note that the years 2018 to 2023 are covered in this report. Compare this to the total above from IBTS to see that this report rounds the data up or down to the nearest hundred.  Example 8.7 is about 8,700 units when the actual IBTS count for August 2023 was 8,670 new single and multi-section manufactured homes.

 

Shipments of New Manufactured Homes, 2018 – 2023

(Thousands of Units)

Period Not Seasonally Adjusted Seasonal Index   Seasonally Adjusted Annual Rate Period Not Seasonally Adjusted Seasonal Index   Seasonally Adjusted Annual Rate
2023 2022
January 7.0 95.4 87 January 9.1 92.3 118
February 6.6 93.0 85 February 9.3 93.6 119
March 7.6 110.3 83 March 11.3 111.1 122
April 6.7 95.2 84 April 10.2 100.9 121
May 7.9 109.4 86 May 10.5 103.7 121
Juner 8.2 112.7 87 June 11.4 113.0 121
Julyr 6.1 83.7 88 July 8.1 83.8 115
Augustp 8.7 116.9 89 August 10.7 112.3 115
September September 9.4 103.3 109
October October 8.7 101.9 102
November November 8.0 99.0 97
December December 6.4 82.9 93
Total: 58.7 Total: 112.9
2021 2020
January 8.5 93.2 109 January 8.7 104.2 101
February 8.0 94.4 102 February 8.2 94.9 104
March 10.0 108.7 110 March 8.3 103.5 97
April 9.2 107.3 103 April 6.6 108.7 73
May 8.6 99.6 104 May 6.6 100.0 80
June 9.4 109.7 103 June 7.6 106.4 85
July 7.6 87.9 103 July 7.5 93.1 97
August 9.1 106.0 103 August 7.9 101.5 94
September 9.0 104.3 104 September 8.1 102.1 96
October 9.3 102.9 108 October 9.0 108.5 100
November 9.1 97.2 112 November 8.0 95.1 101
December 8.0 88.3 109 December 7.6 87.8 104
Total: 105.8 Total: 94.4
2019 2018
January 7.6 102.9 88 January 8.6 100.1 104
February 7.2 95.5 91
February
8.1 95.0 102
March 7.6 100.1 91 March 8.8 104.7 101
April 8.0 103.6 93 April 8.3 100.8 98
May 8.6 110.9 93 May 8.8 109.4 97
June 7.8 99.2 94 June 8.3 102.6 97
July 7.1 89.9 95 July 6.8 85.8 95
August 8.6 107.3 97 August 9.2 113.8 97
September 8.0 97.9 99 September 7.5 95.0 95
October 9.4 114.6 99 October 8.6 112.1 92
November 8.0 95.5 100 November 7.7 102.0 90
December 6.7 81.9 99 December 5.9 79.4 90
Total: 94.6 Total: 96.6
p  Preliminary
Revised – refers to seasonal index and seasonally adjusted annual rate figures
Note:    Components may not add to totals due to rounding.
Note:    The Census Bureau has reviewed this data product for unauthorized disclosure of confidential information and has approved
              the disclosure avoidance practices applied.  (Approval ID: CBDRB-FY23-0317)
Source:    Not seasonally adjusted statistics on shipments are compiled from manufacturer’s reports to
            the Institute for Building Technology and Safety (IBTS).

* The 90 percent confidence interval includes zero. In such cases, there is insufficient statistical evidence to conclude that the actual change is different from zero.

 

###

 

Part II. Additional Information with More MHProNews Analysis and Commentary

The Census Bureau data for 2018 through year-to-date information in 2023 above is rounded off but is largely accurate as a comparison to the facts from official sources for the year-by-year totals from 1995 to 2021 shown below through a Bing AI search.

Barring a sharp increase, at the current levels of production, the national total of new HUD Code manufactured homes in 2023 is likely to finish lower than any year since 2016.

Recall that MHProNews cautioned in 2022 despite the happy talk of some in the industry, that the last time that the Manufactured Housing Institute (MHI) said that the industry had ‘momentum‘ when they launched their apparently failed CrossModsTM initiative, that year and now again the industry’s production dipped instead of grew.

MHProNews asked Bing AI chat the following on 10.29.2023 at about 3:53 PM ET.

> “Can you provide me a listing of total U.S. manufactured housing production by year starting with 1995 through year-to-date August 2023?”

Per Bing AI was the following response, using their ‘balanced’ (blue) response setting.

BingsAIchatAnswerImage-MHProNews According to my search results, the Manufactured Housing Association for Regulatory Reform (MHARR) provides monthly production and shipment data for manufactured homes from 1976 to 2021 1The data includes information on production by state and product mix from 1990 to 2021, shipments and site-built single-family homes sold from 1980 to 2021, shipments by state and product mix from 1990 to 2021, and new manufactured homes and new single-family homes comparisons from 2014 to 2020 1.

The U.S. Census Bureau also collects data on shipments, prices, and characteristics of new manufactured housing through the Manufactured Housing Survey (MHS) 2. The MHS produces monthly regional estimates of the average sales price for new manufactured homes and more detailed annual estimates including selected characteristics of new manufactured homes. In addition, MHS produces monthly estimates of homes shipped by status 23.

According to Manufactured Home Pro News (MHProNews), the total annual new U.S. manufactured home production data by year starting in 1995 is as follows 1:

Year Total Production
1995 344,930
1996 363,345
1997 353,686
1998 373,143
1999 348,075
2000 250,366
2001 193,120
2002 165,489
2003 130,815
2004 130,748
2005 146,881
2006 117,373
2007 95,752
2008 81,457
2009 49,683
2010 50,056
2011 51,618
2012 54,881
2013 60,228
2014 64,334
2015 70,544
2016 81,136
2017 92,902
2018 96,555
2019 94,615
2020 94,390
2021 105,772

I hope this helps!

Learn more:

  1. manufacturedhomepronews.com 2. census.gov 3. census.gov

That first link is to this report actually has the 2022 and year-to-date through August 2023 data at the link below. Graphics and other illustrations are included.

 

The Rise and Fall of HUD Code Manufactured Housing – a History of U.S. Manufactured Home Production by Year – 1995-2022 and 2023 Year to Date Data; plus MHVille Markets Update

 

Note that fact checks of MHI’s website on this date revealed that some information previously provided by MHI to the public now appears to be either removed, and/or it is available now to members only. Note that fact checks of MHI’s website should not be construed as an endorsement by MHProNews of that organization.

Note: to expand this image to a larger or full size, see the instructions
below the graphic below or click the image and follow the prompts.

ManufacturedHousingInstituteScreenshot2023-10-30 053655CollageAnnualProductionSearchManufacturedHomeProNews

 

Then note this from Bing AI in response to a predawn MHProNews inquiry.

BingAI=ImagesMHProNews“I’m sorry, but I could not find any information on the total number of all CrossMod manufactured homes built since the program was launched by the Manufactured Housing Institute.”

 

The Texas Real Estate Research Center (TRERC), which that university appears to have financial ties to at least one prominent manufactured home producer that happens to be a Manufactured Housing Institute (MHI) member, was proclaiming in 2022 about how CrossMods: “its real.”  But neither that TRERC report on CrossMods nor others have the total number of such costlier HUD code manufactured homes built and sold. That total count on CrossMods built and sold are oddly unknown.

Isn’t it common sense that if the CrossMods program was succeeding, that MHI, Clayton Homes and others would be shouting those results from the rooftops?

But instead, that program which despite years of hype didn’t catch fire with street retailers, also failed to catch fire with developers.  MHI admitted as much in a document that is also not found on the public side of their website. What happened to all of the years of research, focus groups, and other happy talk about how CrossMods were going to grow the manufactured home industry’s production?

 

DevelopersMovingAwayFromCrossMods®ManufacturedHousingInstituteOddlyAdmitsPlanUndercuts99PercentOfManufacturedHomesMHIDocFactsAnalysisPlusMHVilleREITsStocksUpdatesMHProNews
https://www.manufacturedhomepronews.com/developers-moving-away-from-crossmods-manufactured-housing-institute-oddly-admits-plan-undercuts-99-percent-of-manufactured-homes-mhi-doc-facts-analysis-plus-mhvil/

 

Recall that MHARR consistently and persistently cautioned against CrossMods. So too did MHProNews and MHLivingNews from early on, including in reports like those linked below. Those reports, and others since, have been validated by the apparent lack of success from the overhyped, but underperforming CrossMods scheme.

ManufacturedHousingsTrojanHorseManufacturedHomeProNews
This report was posted Feb 21, 2018. It predicted that the so-called ‘new class of homes’ could be a ‘Trojan Horse’ for manufactured housing. If one measures performance by new homes shipped, that concern has proven to be true. How could we know almost years in advance where the industry might be today? Because we know the industry from the inside, not just as publishers – but as performance based professional service providers. The MHI plan – supported by Clayton Homes, Fannie Mae and Freddie Mac, was arguably flawed from the outset. https://www.manufacturedhomepronews.com/manufactured-housings-trojan-horse/

“What Are We, Chopped Liver?” MHI Member December 2018 Reactions

QuoteISeeNoTractionintheCrossModTMHomesProgramManufacturedHomeProNews
This quote from an MHI insider was uploaded on 4.30.2020. As is so often the case, it has stood the test of time. The screen capture below is part of a prior illustration from an analysis of CrossMods dated December 18, 2019. It too has stood the test of time.
CrossModtmHomesPhotoManufacturedHousingInstituteStudyResultsMHProNews46percentCrossMod9PercentManufacturedHomeMHProNewsMHIInfoSheetCrossMODtm
In 2018 and through the period shown above in 2019, about 20 CrossMod loans were closed, per the FHFA website. If 1 a month were closed since 2018, it would be well under 100 such homes closed since the program launched. Meanwhile, hundreds of thousands of “mainstream” manufactured homes have been built and sold. Meaning statistically, CrossMods have proven to be irrelevant. But as early and more recent MHProNews fact checks of that program suggest, they may have blunted the sale of ‘mainstream’ HUD Code manufactured homes. By touting upgraded features over standard manufactured housing, it could have called into question the value among some consumers of ‘regular’ manufactured homes. All that for perhaps 1 home a month? Why hasn’t MHI been transparent about the genesis of the program and its total actual results?

 

MHI vs. MHARR on Transparent Information, or the Lack Thereof 

Note that missing from the above publicly available information about manufactured housing are Manufactured Housing Institute (MHI) linked sources. Per Bing AI the following.

BingAI=ImagesMHProNewsOn the other hand, the Manufactured Housing Institute (MHI) provides access to production data only to members and the information is hidden from the public behind a members-only (paid) login 2.”

Something similar can be said about MHI ‘endorsed’ or “awarded” sources. They may be ‘free’ but they routinely fail to provide such hard-fact analysis or data that reflects the reality that manufactured housing been in retreat for over 2 decades.

 

ExaminingManufacturedHousingTrendsAndStatisticsToKnowByPatrickRevereAndMHInsiderCritiqueBaresTrueStateOfManufacturedHomeIndustryInOctober2023plusMHVilleMarketsUpdatesMHProNews
https://www.manufacturedhomepronews.com/examining-manufactured-housing-trends-and-statistics-to-know-by-patrick-revere-and-mhinsider-critique-bares-true-state-of-manufactured-home-industry-in-october-2023-plus-mhville-markets-upd/

 

DeathOfASalesmanImpactOfDenialHowMHVillageLearnMHJohnAceUnderwoodMHInsiderManufacturedHomes.comMHIGiftKeepsGivingButPerhapsNotAsIntendedFactsAnalysisPlusMHVilleMarketsUpdateMHProNews
https://www.manufacturedhomepronews.com/death-of-salesman-and-impact-of-denial-mhvillage-learnmh-manufacturedhomes-com-john-ace-underwood-mhi-are-gift-that-keeps-on-giving-but-perhaps-not-as-intended/

 

AlarmingYearOverYearManufacturedHomeProductionDeclineContinueManufacturedHousingAssocDeceptiveTradePracticeConcernManufacturedHomes.comMHInsiderManufacturedHousingInstituteMHProNrews
https://www.manufacturedhomepronews.com/alarming-year-over-year-manufactured-home-production-declines-continue-per-manufactured-housing-assoc-as-deceptive-trade-practice-concerns-about-manufacturedhomes-com-mhinsider-mhi/

Kevin Clayton – Wacky Wednesday in MHVille – Why Wonky Wit Works in Accountability, Education, Reports & Views in Manufactured Housing and Beyond; plus Macro, Manufactured Home Markets Recap

Note: to expand this image to a larger or full size, see the instructions
below the graphic below or click the image and follow the prompts.

ManufacturedHomeProductionByYear1995-2022WithYearToDateInformationThroughAugust2023-ManufacturedHomeProNewsMHProNews-ManufacturedHousingAssocRegulatoryReformLogoData
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.

 

While a European factory-home builder is investing hundreds of millions of dollars in a new U.S. production center, HUD Code manufactured housing is in decline? Does the stark nature of such comparisons not cause thoughtful professionals, affordable housing advocates, investors and others to question the efficacy and motivations of the self-proclaimed representatives of “all segments” of manufactured housing? Meaning, the Manufactured Housing Institute?

 

‘Revolutionize Housing Industry’ – Factory-Builder Admares $750 Million Investment in U.S. for Plant w/Automation, More on S2A, Tiny Homes, 3D Printed Housing; plus Sunday Weekly Headlines Review

‘The U.S. Can Solve Its Housing Crisis – It Just Needs To Start Building’ Bloomberg, Washington Post Want More Manufactured Housing in 2023! Plus 2022 Year in Review, Sunday MHVille Weekly Headlines Recap

 

Can Avoidable Tragedies Proceed Triumph in the 21st Century for Contemporary Manufactured Housing?

To recap and then build upon an earlier factoid, once more consider the following. In 2000, total manufactured housing industry production was 250,366 single and multi-section homes. If the industry had merely kept pace with population growth, that should mean that manufactured housing in 2023 should have produced 302,500 homes. So, at the current pace, doing the math tells thinkers and observer that there is a deficit of some 214,462 new manufactured homes in this year alone. 

This is proverbial back of the napkin math (that merits refining) but take that 214,462 deficit of new manufactured homes in 2023 and do the following calculations. 214,462 x 22.66 years = 4,859,708.92. Nearly 5 million more new HUD Code manufactured homes could have been built, per those rough numbers, had manufactured housing merely kept pace with the proportional production levels experienced in the year 2000.  Again, compare that to what prominent MHI member Cavco Industries (CVCO) said to investors in the screen capture below was the number of housing units needed in the years.

 

Note: to expand this image to a larger or full size, see the instructions
below the graphic below or click the image and follow the prompts.

CavcoIndustriesLOGO-CVCOInvestorPresentationIR-AffordableHousingCrisisQuotesJan2023Page4MHProNewsFactCheckAnalysisCommentary
https://www.manufacturedhomepronews.com/manufactured-housing-institute-mhi-claims-contradicted-by-cavco-industries-ir-statements-shortage-of-affordable-housing-costs-economy-2trillion-annually-plus-mhville-markets-upd/ There is no lack of evidence that there is an affordable housing crisis. But that being so, why is MHI making the odd argument in their most recent (4.10.2023) Federated States ‘Newsletter’
that the industry ought to expect this current downturn because more expensive site-built housing is also in a downturn? MHI’s research and reasoning are arguably a classic example of PALTERING and the use of a RED HERRING logical fallacy. 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.

 

MHI leaders, including, but not limited to Cavco’s CEO William “Bill” Boor can’t have it both ways. They consistently appear to use gaslighting or razzle dazzle style claims and remarks.

Boor told Congress on July 14, 2023 that the industry is at a “critical crossroads.” If the goal is robust potential growth vs. actual production declines, Boor is right.

But several prominent members of MHI, including Boor’s firm, Sun Communities, and others are telling investors that consolidation is the goal. A lack of new development, which would logically result in more sales during an affordable housing crisis, means existing communities are ‘worth more.’  But applying that sort of business model to the multi-family housing business would mean you’d have to shut down the building of hundreds of thousands of new units annually. Housing would become even less affordable than it already is.

Among manufactured housing industry trade media, only MHProNews and MHLivingNews have consistently and persistently spotlighted the harmful ripple effects of the various inept and/or corrupt scams that are at work in manufactured housing. While MHInsider, ManufacturedHomes.com carry water for the MHI party line paltering and propaganda, the industry’s growth minded independents and consumers seeking affordable home ownership have apparently been cheated out of millions of ‘new homes sold’ opportunities?!

Note: to expand this image to a larger or full size, see the instructions
below the graphic below or click the image and follow the prompts.

SunCommunitiesInvestorPitchDeckSept2023CompellingSupplyDemandFundamentalsVirtuallyNoNewSupply55Kapplications2022ManufacturedHomeProNewsMHProNews
Virtually no new supply [of land lease manufactured home communities or MHCs] has been added for years” That is stated in contrast to the fact that with multifamily housing (apartments, etc.) there is a steady addition of new developments and rental properties being produced.
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https://www.manufacturedhomepronews.com/sun-communities-compelling-supply-demand-fundamentals-virtually-no-new-supply-added-for-years-but-manufactured-home-sales-drop-quarterly-y2d2023-data-with/

 

This document shown below, once publicly available on MHI’s website, also appears to be missing or hidden behind a “member only” paywall now. As a planned follow up report by MHProNews will reveal, there is strong evidence that MHI is removing/hiding information that was once publicly available. Why? And if they suddenly start to repost this missing information, will that be because MHProNews is exposing it?

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ManufacturedHousingInstituteLogoDocGraphicNumberOfPlantsCorporationsConsolidationHistorySince1990FactCheckMHProNews
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Missing the production of some 5 million (+/-) new HUD Code manufactured homes in the 21st century ought to be an earthquake level revelation for both supporters and critics of MHI.  The lack of affordable housing, per Oregon Public Broadcasting (OPB) and others cited in the report linked below, is the top cause of homelessness in America.

 

OPB Probes Homelessness Causes, Possible Fixes – ‘Most Agree Blame Falls on Lack of Affordable Housing’ Pallets-Manufactured Home Takeaways, AI Insights, Analysis; plus MHVille Markets Update

 

Those nearly 5 million missing HUD Code manufactured homes – had the industry merely held its share of proportionate growth from 2000 to today as the U.S. population increased – could mean millions would be building equity instead of renting.

 

HUDSecretaryBenCarsonAffordableHousingSupplyDemandCostSavingsFHFAAppreciationSustainableOwnership5000renters200000OwnersQuotesMHProNews
Then HUD Secretary Ben Carson, M.D., quote is from the official comments as prepared, per the HUD website, on May 7, 2019. So, keep in mind that those costs per square foot for conventional housing and manufactured homes have risen since then. But the savings rate is about the same.

 

The Topsy Turvey, upside down behavior of MHI claiming one thing but producing results that are often in stark contradiction to their posturing simply can’t be allowed to stand without serious federal, state, and other investigations.

 

Manufactured Housing Association for Regulatory Reform (MHARR) and Manufactured Housing Institute October 2023 Washington, D.C. – Industry Updates – Exclusive Report-Analysis; w/MHVille Markets

Manufactured Homes–Prosperity Now, Housing Assistance Council, Lincoln Institute Weigh in on Needs-Exploring Other Side of Manufactured Housing Institute Amen Corner; plus Sunday Weekly MHVille Headlines Recap

Shock! Manufactured Housing Institute Says Rep Ralph Norman Amendment Could Stop Spending Package for Dept of Energy (H.R. 4394) Standards for Manufactured Homes-Backstory; plus MHVille Markets

 

Indeed, the evidence-based argument can be made the recently announced ANTITRUST claims in class action lawsuits launched against several prominent MHI members may be the leading edge of what is to come. At least one announced probe is pending, and two national cases have been launched.

 

Class Action Case #1:23-cv-14565 Sailer et al v. Datacomp, Equity LifeStyle, Sun, RHP, Yes! Communities et al, MSJ Files 3rd Manufactured Home Communities Case, Others Set for Trial; plus MHMarkets

ClassActionCaseNo23cv6715vDatacompEquityLifeStylePropertiesHometownAmericaLakeshoreCommunitiesSunCommunitiesRHPpropYESCommunitiesInspireCommunitiesKingsleyMgt-CalAmPropMHLivingNews
https://www.manufacturedhomelivingnews.com/class-action-case-no-23-cv-6715-v-datacomp-equity-lifestyle-properties-hometown-america-lakeshore-communities-sun-communities-rhp-properties-yes-communities-inspire-communities-kingsley-mgt-cal-am-p/

 

Against this backdrop, how could MHI leaders tolerate the apparently gross conflicts of interest exhibited by MHI CEO Lesli Gooch, Ph.D.? Note that each of the linked reports will go into specifics on topics that shed light on how this tragic scenario has come to pass.

 

Conflict!MHIceoLesliGoochPaidSome$400KinSchemeInvolvingIndictedMan4 CongressionalRepsPerBingResearchExposéLinksEvidenceContributingToManufacturingHousingUnderperformanceMHProNews
https://www.manufacturedhomepronews.com/conflict-mhi-ceo-lesli-gooch-purportedly-paid-some-400k-in-scheme-involving-indicted-man-4-congressional-reps-per-bing-research-expose-links-evidence-contributing-to-manufacturin/
ManufacturedHousingInstituteCEOLesliGoochOpenSecretsCPILegiStormRevealApparentConflictsOfInterestWithSiteBuiltHousingCallForGoochResignationTermination@MHIplusMHMarketsMHProNews
https://www.manufacturedhomepronews.com/manufactured-housing-institute-ceo-lesli-gooch-opensecrets-cpi-legistorm-reveal-apparent-conflicts-of-interest-with-site-built-housing-call-for-gooch-resignation-terminationmhi-plus-mhmarkets/

 

In conclusion, when the facts are carefully examined and are properly understood, they paint a picture of either mind bogglingly inept and or grossly corrupt behavior.

That is very much in keeping with the research by James A. “Jim” Schmitz Jr., his Minneapolis Federal Reserve research colleagues, and Samuel “Sam” Strommen while he was still at Knudson Law. Schmitz said that it is necessary to fight monopolistic forces for manufactured housing to succeed. Strommen blew the whistle in a heavily footnoted legal thesis that accused several prominent industry insiders of “felony” antitrust violations in manufactured housing. Oddly, others in the MHI orbit, and MHI itself failed to give any or the proper attention to either of those researchers work, why not?

Perhaps 5 million (or more) American households could be living in a HUD Code manufactured home today instead of living in a basement with parents or stuck in a costly rental where they can’t build equity. MHProNews will continue to shine a bright light on the facts and then do the math and expert analysis that explains just what this ongoing scheme has done to the American Dream. ###

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ManufacturedHousingProductionInfographic1960to21stCenturyIncludingBerkshireHathawayClaytonHomesEraJamesJimSchmitzJrSamuelSamStrommenManufacturedHomeProNewsMHProNewsSkylineChampLogo
Ironically, Skyline Champion’s own investor pitch-deck provides ample evidence for manufactured housing industry underperformance. That same pitch-deck further provides evidence that Mergers and Acquisitions are a key part of their business model. What is there in such revelations that Birch and Williams miss? Bear in mind, that they are mere stand-ins who voluntarily raised their hands in defense of Berkshire and MHI firms like Skyline Champion. Notice: Several of the illustrations shown in this report can be opened in many browsers to reveal a larger size. To open this picture, click the image once. When the window opens, click it again to reveal the larger size photo. Use your browsers back key to return to the article. https://www.manufacturedhomepronews.com/masthead/true-tale-of-four-attorneys-research-into-manufactured-housing-what-they-reveal-about-why-manufactured-homes-are-underperforming-during-an-affordable-housing-crisis-facts-and-analysis/
AffordHomesLowIncomeMustProduceInFactoryYearsUnravelSabotageGradStudentsManufacturedHousingFactoryHomeSolutionSundayWeeklyHeadlinesRecapJamesSchmitzJacobsenHomesCollageMHProNews
https://www.manufacturedhomepronews.com/affordable-homes-for-low-income-must-produce-in-factory-years-to-unravel-sabotage-grad-students-interest-in-manufactured-housing-factory-home-solutions-plus-sun/
JamesSchmitzJrJohnHCochranePICsQuoteMonopoliesSabotageDestoryMarketsMonpoliesUseWeaponsManipulateSabotagePublicInstitutionsForOwnGainsMHProNewsQuoteableQuote
https://www.manufacturedhomepronews.com/grumpy-economist-cochrane-sun-communities-sui-favorable-demand-drivers-with-supply-constraints-investor-data-yields-quick-case-study-in-buffett-moat/ Several of the illustrations shown in this report can be opened in many browsers to reveal a larger size. To open this picture, click the image once. When the window opens, click it again to reveal the larger size photo.
StrommenQuoteInMidsaatOfAffordableHousingCrisisPerniciousForcesConsolidatingPowerIncestousSymbiosisMonopolizationManufacturedHousingMHProNews
https://www.manufacturedhomelivingnews.com/strommen-felony-conspiracy-case-monopolization-of-affordable-manufactured-housing-and-manufactured-home-communities-rube-goldberg-machine-of-human-suff/
SouthDakotaUCoyotesKnudsonSchoolLawLogosSamStrommenMonopolizationManufacturedHousingREITsRubeGoldbertMachineHumanSufferingMHProNews
https://www.manufacturedhomepronews.com/bombshell-buffett-berkshire-clayton-homes-21st-vanderbilt-specific-mhi-members-ripped-felony-monopolization-of-the-american-manufactured-home-industry/
MonopolisticHousingInstParodyManuHousngInstLogoClaytonHomesCavcoIndustriesSkyChampionLOGOsStrommenKnudsonQuoteMHIMouthPieceBig3RestrainTradeShouldNotGetNOERRprotecionQuote
https://www.manufacturedhomelivingnews.com/strommen-felony-conspiracy-case-monopolization-of-affordable-manufactured-housing-and-manufactured-home-communities-rube-goldberg-machine-of-human-suff/

 

Programming notice. New fact-packed special reports are pending. Watch for them.

Manufactured Homes–Prosperity Now, Housing Assistance Council, Lincoln Institute Weigh in on Needs-Exploring Other Side of Manufactured Housing Institute Amen Corner; plus Sunday Weekly MHVille Headlines Recap

True Tale of Four Attorneys Research into Manufactured Housing – What They Reveal About Why Manufactured Homes Are Underperforming During an Affordable Housing Crisis – Facts and Analysis
https://www.manufacturedhomepronews.com/masthead/true-tale-of-four-attorneys-research-into-manufactured-housing-what-they-reveal-about-why-manufactured-homes-are-underperforming-during-an-affordable-housing-crisis-facts-and-analysis/
MHARRoctober26.2023WashingtonD.C.UpdateAnExlusiveReportandAnalysisManufacturedHousingAssociationForRegulatoryReform
https://manufacturedhousingassociationregulatoryreform.org/manufactured-housing-association-for-regulatory-reform-mharr-october-26-2023-washington-d-c-industry-updates-an-exclusive-report-and-analysis/
AmericanPressInstituteLOGOquoteManyKindsJournalismHeartConstitutionalResposibilitiesJournalistsBusMonitorKeepingCheckPeopleInstitutionsInPowerQuoteableQuoteMHProNews
Trade media can and should be a ‘cheer leader’ when it is appropriate to do so. But authentic trade media also holds the powers that be to account. Who says? The American Press Institute.

PatrickKellyDonahuePhotoQuoteTonynobodydoesPostsLikeYouMHProNewsUnivMDuluthLogoManufacturedHomeProNews

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Again, our thanks to free email subscribers and all readers like you, as well as our tipsters/sources, sponsors and God for making and keeping us the runaway number one source for authentic “News through the lens of manufactured homes and factory-built housing” © where “We Provide, You Decide.” © ## (Affordable housing, manufactured homes, 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.)

CongRepAlGreenDeskTamasKovachLATonyKovachPhoto12.3.2019ManufacturedHomeProNews
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.

By L.A. “Tony” Kovach – for MHProNews.com.

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.

http://latonykovach.com

Connect on LinkedIn: http://www.linkedin.com/in/latonykovach

 

 

Related References:

The text/image boxes below are linked to other reports, which can be accessed by clicking on them.’

‘Warren Buffett Apparently Has Eye on New Double-Wide’ MarketWatch-Fast Company Reports on Clayton Homes and Related Manufactured Housing Acquisitions, plus Sunday Weekly MHVille Headlines Recap

H.R. 5198 – Expansion of Attainable Homeownership Through Manufactured Housing Act of 2023 – Manufactured Housing Institute Supported Bill Explored; plus Sunday Weekly MHVille Headlines Recap

 

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