IBISWorld stated in the pitch for their recent 2024 report that as: “traditional house prices soared, making affordable manufactured homes a more attractive proposition. Still, the industry has also been undergoing consolidation as less-profitable dealers either exited the market or merged with larger players, intensifying market concentration.” MHProNews has reported on IBISWorld before, see the report linked here and a reference yesterday found among the headlines for the week in review that follow. Kevin Clayton, in testimony to Congress, said that thousands of manufactured home retailers have shuttered, along with scores of factories and hundreds of thousands of jobs lost as a result. MHProNews has been reporting on controversies related to the steady consolidation or oligopoly style monopolization of manufactured housing for years. Major media outlets have written about the monopolization of America, including the left-leaning New York Times column by David Leonhardt-“The Monopolization of America,” Manufactured Housing Slant in a 2018 report. The Biden-Harris Administration White House website announced this as an executive order level concern. Yet, Kamala Harris’ campaign, per a report on 7.26.2024 by Reuters is accepting money from billionaire Democratic donors who have publicly said they want Harris to terminate antitrust enforcer Lina Khan, who was appointed by the Biden regime. Per Reuters: “Billionaire Democratic donors Barry Diller and Reid Hoffman said in interviews this week they hope Kamala Harris will replace Federal Trade Commission Chair Lina Khan if she becomes U.S. president, openly rejecting a pillar of President Joe Biden’s antitrust policy.” Reuters also said: “Khan has been at the forefront of the Biden administration’s push to use U.S. antitrust law to boost competition and address high prices and low wages.”

More on that pattern in reports linked for the headlines for the week in review, but next let’s pivot to other headline topic, which is more new manufactured home data according to HUD’s contractor and the U.S. Census Bureau.

The Institute for Building Technology & Safety‎ (IBTS) collects data under contract for the U.S. Department of Housing and Urban Development (HUD), so the figures that follow are ‘official’ statistics. SW is an abbreviation for ‘single wide’ manufactured homes, but more appropriately called single section manufactured homes. MW is an abbreviation for “multi-wide” or multi-sectional manufactured homes. These are typically two floors, but sometimes might be 3 or 4 floors in configuration, which could be determined by doing the math using the floor count and MW data.

Part I

Institute for Building Technology & Safety‎

Shipments and Production Summary Report 5/01/2024 – 5/31/2024

Shipments
State	SW	MW	Total	Floors
Dest. Pending	8	6	14	20
Alabama	279	247	526	777
Alaska	3	8	11	19
Arizona	53	142	195	336
Arkansas	69	97	166	263
California	51	186	237	430
Colorado	61	47	108	155
Connecticut	8	1	9	10
Delaware	7	24	31	55
District of Columbia	0	0	0	0
Florida	266	480	746	1,228
Georgia	125	251	376	628
Hawaii	0	0	0	0
Idaho	10	28	38	67
Illinois	52	35	87	122
Indiana	138	51	189	240
Iowa	8	11	19	30
Kansas	36	8	44	52
Kentucky	128	220	348	567
Louisiana	330	152	482	634
Maine	29	37	66	103
Maryland	7	6	13	19
Massachusetts	11	10	21	31
Michigan	171	154	325	479
Minnesota	28	25	53	78
Mississippi	176	184	360	546
Missouri	76	86	162	248
Montana	14	19	33	53
Nebraska	12	2	14	16
Nevada	6	34	40	74
New Hampshire	12	19	31	50
New Jersey	20	8	28	36
New Mexico	57	91	148	240
New York	57	89	146	235
North Carolina	228	342	570	911
North Dakota	13	18	31	49
Ohio	85	54	139	193
Oklahoma	140	110	250	360
Oregon	52	90	142	233
Pennsylvania	67	77	144	221
Rhode Island	4	3	7	10
South Carolina	180	298	478	777
South Dakota	30	16	46	62
Tennessee	111	261	372	633
Texas	679	943	1,622	2,572
Utah	5	15	20	35
Vermont	9	10	19	29
Virginia	49	67	116	184
Washington	11	102	113	220
West Virginia	36	69	105	174
Wisconsin	116	34	150	184
Wyoming	11	7	18	25
Canada	0	0	0	0
Puerto Rico	0	0	0	0
Total	4,134	5,274	9,408	14,713
THE ABOVE STATISTICS ARE PROVIDED AS A MONTHLY
SUBSCRIPTION SERVICE. REPRODUCTION IN PART OR
IN TOTAL MUST CARRY AN ATTRIBUTION TO IBTS, INC.				0

Production
State	SW	MW	Total	Floors
States Shown(*)	245	312	557	870
Alabama	758	845	1,603	2,455
*Alaska	0	0	0	0
Arizona	63	162	225	387
*Arkansas	0	0	0	0
California	52	176	228	409
*Colorado	0	0	0	0
*Connecticut	0	0	0	0
*Delaware	0	0	0	0
*District of Columbia	0	0	0	0
Florida	77	248	325	575
Georgia	191	405	596	1,003
*Hawaii	0	0	0	0
Idaho	28	75	103	181
*Illinois	0	0	0	0
Indiana	546	257	803	1,060
*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	55	60	115	175
*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	216	345	561	906
*North Dakota	0	0	0	0
*Ohio	46	59	105	164
*Oklahoma	0	0	0	0
Oregon	44	191	235	432
Pennsylvania	217	256	473	729
*Rhode Island	0	0	0	0
*South Carolina	0	0	0	0
*South Dakota	0	0	0	0
Tennessee	582	840	1,422	2,262
Texas	1,014	1,043	2,057	3,105
*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	4,134	5,274	9,408	14,713
(*) 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 II – New Manufactured Housing Information According to data compiled and published by the U.S. Census Bureau

	Average Sales Price of New Manufactured Homes by Region and Size of Home
	By Month of Shipment
	(Dollars)

Note: data for the Midwest South and West regions of the U.S. by month and year per the Census Bureau follows.

	United States			Northeast
	Total1	Single	Double	Total1	Single	Double
2024
February	121,600	80,200	152,400	121,400	86,200	147,800
January	119,200	78,900	148,100	117,900	88,700	142,400
2023
December	121,300	79,600	149,600	124,100	83,500	156,600
November	126,600	85,900	154,100	122,600	92,400	158,200
October	120,000	83,300	147,700	118,900	84,300	151,900
September	119,700	80,400	151,700	128,700	85,400	172,800
August	128,800	89,800	154,600	132,500	105,200	158,400
July	118,000	82,300	150,200	122,700	72,900	143,100
June	121,400	85,400	153,900	121,800	85,300	149,800
May	129,900	86,300	160,200	120,900	89,800	146,000
April	125,000	86,100	153,600	123,900	87,000	160,800
March	124,700	85,200	155,400	135,200	100,600	172,900
February	128,100	89,200	160,400	136,600	107,000	167,800
January	126,100	82,100	156,900	122,900	86,700	148,300
2022
December	122,100	80,200	155,700	113,900	75,300	158,300
November	125,200	88,000	155,200	119,200	93,900	146,700
October	128,300	81,400	160,400	127,000	86,400	155,300
September	130,400	95,800	159,400	131,300	101,400	162,000
August	125,700	86,500	158,800	117,800	74,700	145,100
July	131,800	85,200	161,600	129,700	93,300	157,400
June	126,900	87,600	159,600	118,500	92,700	134,100
May	124,900	85,800	159,200	121,500	82,100	148,500
April	132,000	83,100	168,000	128,900	87,200	154,700
March	129,200	87,300	156,600	117,900	97,400	145,300
February	128,000	87,700	156,300	130,600	76,000	152,700
January	122,500	84,600	152,800	120,600	85,900	141,800
2021
December	123,200	80,900	150,300	104,700	73,900	127,200
November	111,900	76,400	139,900	100,900	71,600	133,500
October	112,000	81,700	138,200	110,300	74,400	138,700
September	118,300	78,800	141,300	102,100	76,100	124,100
August	112,000	80,000	138,000	105,000	86,000	117,000
July	118,700	76,000	137,800	98,500	74,100	125,700
June	106,800	70,200	128,100	101,600	73,700	124,200
May	106,500	69,900	128,300	98,400	69,900	121,500
April	100,200	66,700	122,500	95,900	73,800	113,300
March	98,100	63,300	123,200	91,400	58,600	121,300
February	98,300	65,400	122,500	88,300	59,400	113,800
January	95,000	64,100	118,500	102,600	67,900	116,200
2020
December	90,200	62,600	110,800	93,600	58,200	115,300
November	92,600	63,500	112,800	85,600	63,600	103,900
October	89,400	57,200	110,000	91,000	57,700	112,100
September	87,300	58,300	107,800	84,800	61,000	105,600
August	88,200	57,700	109,300	87,600	56,700	109,600
July	84,200	59,800	102,700	78,600	58,600	100,300
June	85,600	52,900	109,800	91,700	55,400	117,000
May	85,900	55,200	109,100	79,100	56,300	100,200
April	86,900	53,300	108,200	86,100	53,900	105,200
March	82,900	53,800	106,900	79,100	54,400	102,400
February	83,400	55,600	107,500	81,500	54,000	109,800
January	86,400	55,300	107,900	77,700	52,900	104,800
2019
December	86,400	54,400	105,700	79,500	54,000	98,500
November	81,600	52,100	107,100	79,200	49,400	113,100
October	81,700	53,900	103,800	80,600	61,200	101,600
September	81,500	55,600	101,800	84,100	59,600	103,700
August	84,100	49,200	107,900	81,900	45,700	101,200
July	82,000	54,000	106,500	88,000	51,600	129,500
June	84,400	52,800	103,800	84,800	57,800	109,100
May	78,100	53,800	98,100	76,400	49,200	105,200
April	78,900	55,700	100,700	82,000	59,300	109,000
March	78,900	50,400	102,100	74,500	48,000	98,400
February	85,000	52,600	107,600	74,100	52,300	97,500
January	81,800	53,400	103,400	86,600	60,100	109,000
2018
December	82,400	52,100	106,000	79,600	57,500	93,600
November	79,900	55,400	100,500	81,400	52,300	104,700
October	82,400	54,500	106,000	81,600	59,300	96,200
September	83,600	54,400	105,400	78,800	57,600	97,300
August	81,500	55,100	100,900	82,900	58,400	113,000
July	78,900	52,000	99,300	73,600	33,900	100,600
June	85,400	54,900	101,300	82,400	52,900	97,500
May	81,200	57,100	99,100	81,700	62,400	104,300
April	74,900	50,600	98,700	87,300	54,900	109,900
March	70,600	49,800	91,400	70,900	50,400	96,600
February	73,400	47,900	93,800	80,400	50,800	98,200
January	69,000	47,300	92,100	79,500	52,400	106,000
2017
December	72,900	53,400	91,800	76,900	49,200	100,300
November	71,800	46,600	99,100	75,300	49,400	107,000
October	68,300	46,400	95,500	76,300	45,100	96,900
September	71,800	47,100	93,800	72,400	50,800	92,700
August	73,800	47,600	94,300	70,400	50,400	88,700
July	75,300	47,900	93,800	80,700	52,500	102,100
June	75,600	49,500	97,400	84,800	57,300	95,500
May	71,800	49,100	87,900	78,800	55,500	93,300
April	73,300	47,400	89,900	79,600	53,800	100,200
March	70,100	50,800	88,000	76,900	56,700	100,700
February	71,000	48,700	92,500	86,500	48,700	96,300
January	68,100	44,900	89,700	84,700	59,900	99,600
2016
December	73,100	49,900	90,800	73,900	44,200	92,800
November	71,700	47,000	90,900	70,800	45,500	94,000
October	71,600	48,300	87,400	75,300	45,700	90,700
September	69,400	46,700	93,000	79,600	55,400	101,800
August	74,200	50,000	93,100	86,100	57,500	106,600
July	73,300	49,500	91,000	73,900	53,400	103,600
June	70,500	46,600	87,000	85,000	50,900	113,700
May	71,300	45,800	87,800	75,900	45,900	99,600
April	67,800	44,100	87,500	78,600	45,400	100,100
March	69,800	44,500	88,300	72,800	45,100	103,200
February	67,600	43,900	92,600	81,500	50,000	97,300
January	67,600	45,900	84,100	69,400	48,100	90,700
2015
December	70,800	46,200	88,100	74,200	52,100	95,300
November	68,000	44,300	89,400	79,000	52,500	90,600
October	66,800	43,800	84,900	77,100	45,100	95,200
September	70,700	48,400	87,700	71,600	54,400	91,400
August	67,000	42,900	87,100	73,300	53,600	94,100
July	64,500	44,400	83,700	68,000	47,700	83,100
June	69,100	45,500	87,500	68,100	53,200	90,700
May	69,500	47,300	89,100	69,500	46,100	84,700
April	67,400	46,900	86,500	69,400	48,900	88,800
March	66,200	46,100	85,000	89,000	52,300	114,000
February	68,300	46,200	87,000	66,500	50,000	88,800
January	68,400	44,600	84,400	64,700	45,600	77,200
2014
December	64,800	46,200	78,100	68,100	55,300	77,500
November	64,200	43,700	83,500	80,500	58,000	98,300
October	62,400	46,000	76,900	63,400	50,900	73,600
September	67,000	43,600	82,600	71,900	45,000	88,500
August	67,100	44,200	87,600	71,700	43,100	93,600
July	63,500	45,400	80,100	57,900	43,900	73,300
June	65,200	44,900	84,000	73,800	47,000	94,900
May	65,400	45,700	78,300	62,900	50,200	76,200
April	66,400	44,700	83,000	61,300	44,000	82,500
March	65,700	43,200	83,900	76,400	43,100	91,600
February	64,300	45,000	82,200	59,100	40,600	76,200
January	68,300	48,000	84,500	72,100	48,700	92,600

	Midwest			South			West
	Total1	Single	Double	Total1	Single	Double	Total1	Single	Double
2024
February	108,700	82,800	138,400	122,700	80,000	154,500	125,600	76,900	150,000
January	113,400	84,400	147,700	116,600	75,800	145,400	145,000	92,600	168,800
2023
December	116,300	82,600	157,500	119,200	79,100	145,600	140,800	76,600	168,000
November	116,800	83,900	157,300	125,100	85,200	150,000	149,600	90,600	175,900
October	111,400	84,600	149,400	119,900	83,000	147,400	135,100	82,200	146,100
September	116,000	83,500	159,400	115,900	78,000	144,500	142,300	87,600	178,400
August	113,900	92,200	145,900	128,500	86,500	153,800	149,500	94,400	163,300
July	116,000	81,400	153,400	114,900	82,600	149,300	137,000	84,800	154,900
June	111,800	84,200	153,700	120,100	85,300	152,600	140,000	89,500	162,400
May	104,900	82,900	141,000	132,500	87,800	161,600	149,700	79,800	171,800
April	112,300	87,000	148,900	123,200	83,200	150,100	150,600	105,100	173,400
March	109,400	88,600	152,000	123,800	80,800	153,100	140,800	94,900	162,000
February	114,400	85,300	158,800	127,800	88,200	157,900	144,000	92,800	170,000
January	107,200	83,600	153,100	129,200	81,200	158,300	131,500	81,300	156,700
2022
December	104,700	82,300	144,300	124,000	80,700	155,400	134,700	77,600	162,400
November	113,600	89,100	147,600	126,000	86,500	155,800	138,400	89,500	161,800
October	113,500	87,500	156,700	128,100	77,000	160,000	153,600	86,200	167,300
September	114,600	93,000	155,500	130,300	94,400	158,500	148,600	107,500	163,900
August	110,900	87,500	151,900	126,400	86,000	159,400	144,100	93,400	166,400
July	110,800	83,600	156,100	131,300	82,900	158,700	156,800	97,300	178,200
June	112,500	90,100	146,500	125,300	88,200	159,900	154,200	68,400	174,500
May	112,300	83,600	148,800	124,400	85,900	162,400	142,000	91,900	156,100
April	110,400	80,500	147,800	132,100	83,500	169,900	155,400	82,400	176,600
March	118,500	90,000	154,200	127,400	85,200	154,400	156,100	89,800	171,600
February	115,900	82,400	155,500	126,300	89,500	155,000	150,100	85,100	163,600
January	108,300	82,800	145,400	122,700	85,400	153,300	140,800	80,700	161,000
2021
December	103,300	88,200	129,400	123,500	80,000	149,600	145,200	76,900	170,600
November	107,300	78,100	143,800	110,700	77,000	138,400	128,800	68,400	145,500
October	101,000	81,000	132,600	110,700	81,900	136,400	131,600	85,000	150,400
September	109,300	80,900	142,300	119,300	78,500	142,200	132,100	76,200	141,600
August	100,000	77,000	132,000	112,000	80,000	139,000	135,000	79,000	143,000
July	110,500	79,100	139,300	119,200	74,500	137,100	131,100	81,700	142,800
June	94,900	65,600	125,800	107,500	70,700	128,000	116,400	72,200	131,500
May	94,300	67,500	128,200	109,900	70,600	129,200	104,400	70,300	125,500
April	85,400	61,800	125,400	100,400	67,700	122,200	118,400	65,000	125,000
March	86,400	60,800	119,100	98,100	63,700	122,400	113,000	67,300	130,800
February	87,300	62,400	118,100	98,100	67,100	121,800	116,900	60,900	131,900
January	83,000	62,100	112,700	94,000	64,600	117,300	113,400	62,300	129,500
2020
December	77,100	55,800	107,900	90,100	64,500	109,900	108,800	64,500	115,900
November	81,000	62,400	117,400	92,600	64,200	109,700	115,400	60,100	128,200
October	81,700	58,300	108,000	87,400	56,500	107,900	108,900	61,200	120,000
September	72,100	52,800	98,300	86,900	58,400	105,700	110,100	68,600	126,600
August	75,900	59,500	97,600	87,900	56,800	109,100	104,900	60,500	119,500
July	72,600	56,900	97,000	83,700	59,500	101,300	103,700	72,100	113,200
June	81,400	56,100	115,200	82,700	51,700	106,800	102,700	55,600	117,000
May	73,400	56,800	100,900	85,200	54,100	108,500	105,100	60,700	117,800
April	79,500	57,000	105,000	84,000	51,600	106,100	111,800	64,500	120,300
March	79,200	55,300	108,400	82,000	53,300	106,900	92,600	54,300	106,700
February	70,900	55,200	98,200	82,000	55,300	105,600	103,500	59,600	118,900
January	74,200	55,400	101,800	86,200	55,200	108,100	103,400	59,900	111,300
2019
December	70,200	54,400	96,100	87,900	54,600	106,900	97,700	52,100	107,600
November	73,400	50,600	104,000	79,500	52,500	104,800	101,400	54,100	114,700
October	72,100	53,800	100,200	81,600	52,500	103,400	96,600	58,800	109,100
September	71,900	55,900	98,400	80,200	55,100	99,300	99,500	55,300	113,000
August	75,700	52,500	99,800	81,400	48,700	106,600	107,500	48,200	120,700
July	74,400	53,900	105,700	78,100	54,900	100,300	108,400	45,700	121,000
June	72,600	52,700	97,100	83,400	53,200	100,500	100,600	47,000	118,800
May	72,300	56,000	98,100	75,800	53,600	95,000	96,300	55,000	106,800
April	70,800	56,700	91,900	77,100	54,000	99,300	95,400	63,600	109,100
March	71,300	49,900	96,300	77,800	50,900	101,600	92,900	49,100	108,500
February	72,500	56,000	97,200	84,800	52,600	106,600	103,100	43,500	119,400
January	68,000	54,200	98,000	81,100	51,400	101,700	95,800	59,000	110,400
2018
December	74,300	53,800	96,400	80,100	51,500	104,900	101,400	51,600	120,400
November	74,100	56,200	101,900	77,100	54,600	97,800	99,300	62,600	107,800
October	73,100	56,700	94,300	79,800	53,500	105,900	105,100	57,300	116,500
September	76,700	58,300	105,500	81,600	51,900	104,500	102,600	62,000	111,600
August	73,600	54,500	97,800	79,800	54,500	98,100	97,400	57,600	110,300
July	79,600	57,300	104,500	74,900	51,300	94,000	102,800	59,300	118,200
June	77,400	52,700	99,700	83,200	55,100	97,100	105,000	57,600	122,900
May	72,500	57,600	92,900	79,000	56,300	97,000	104,000	60,300	108,900
April	67,300	51,600	92,800	71,100	48,600	95,300	103,100	67,400	113,400
March	67,700	50,600	93,800	68,900	50,000	88,900	82,900	45,800	98,700
February	72,100	49,700	98,000	70,600	46,700	91,200	87,100	53,900	100,600
January	59,300	44,900	85,600	64,400	46,300	85,900	98,900	59,400	114,200
2017
December	64,900	48,700	84,500	70,000	54,000	89,000	96,400	58,600	103,900
November	68,100	48,500	90,500	65,800	45,900	91,600	114,500	49,800	130,300
October	65,600	48,600	88,600	64,200	45,700	93,600	95,200	50,900	106,900
September	62,800	45,500	87,200	68,800	46,600	89,000	95,600	51,700	116,700
August	65,300	48,200	88,600	72,500	47,200	91,500	91,600	46,600	110,900
July	70,900	48,200	89,400	70,300	47,900	88,400	99,700	44,500	111,900
June	69,400	49,900	94,300	70,800	49,300	91,600	106,300	46,600	125,000
May	64,600	45,200	84,400	68,500	49,400	84,000	94,900	47,800	104,500
April	63,900	47,800	84,500	70,900	45,500	86,600	93,000	57,200	104,300
March	64,500	49,600	83,900	67,000	50,700	84,600	89,800	49,400	99,400
February	61,500	46,800	84,700	66,200	48,400	87,300	104,200	59,000	115,100
January	59,800	45,800	85,100	64,600	44,000	85,900	93,600	45,800	107,100
2016
December	67,100	45,000	85,800	71,400	50,100	89,000	85,900	56,000	101,500
November	58,900	46,500	84,700	72,100	47,100	88,000	89,200	48,100	108,900
October	60,200	47,600	81,300	71,300	47,500	84,700	85,100	54,100	104,000
September	62,400	46,100	96,500	65,300	45,400	89,300	93,900	58,000	99,000
August	60,800	45,500	84,300	71,600	46,100	91,300	95,000	79,900	99,600
July	65,900	48,200	91,700	70,200	47,700	87,100	96,800	67,700	100,600
June	61,500	45,100	84,100	66,800	44,900	81,500	89,000	57,100	100,300
May	63,500	46,700	86,600	69,800	45,000	84,600	83,500	48,000	96,400
April	61,600	45,900	86,900	64,900	42,500	85,000	85,400	53,900	92,900
March	59,200	46,200	83,200	69,600	44,100	86,300	83,200	42,500	97,000
February	57,900	45,600	85,100	65,300	43,000	89,700	84,800	45,400	106,600
January	61,400	48,200	86,800	65,200	44,600	80,200	86,900	50,000	96,100
2015
December	63,300	46,600	85,900	69,200	45,700	85,500	84,400	44,600	96,400
November	61,100	47,300	84,500	63,200	42,500	84,000	96,100	51,000	110,300
October	56,500	43,100	79,700	65,500	43,200	82,200	78,900	47,300	95,400
September	63,900	50,600	83,900	68,500	46,800	85,500	90,100	49,700	97,900
August	61,600	45,700	90,000	62,800	39,400	80,700	89,200	48,200	106,400
July	62,600	48,500	84,600	59,800	42,900	78,400	88,200	46,800	101,000
June	60,500	45,900	84,200	66,100	44,000	83,700	93,700	46,700	102,800
May	61,800	43,000	92,600	68,100	49,000	85,600	83,400	44,200	100,700
April	59,700	47,900	75,000	64,700	46,800	82,200	89,600	45,100	111,100
March	60,900	47,400	86,400	63,200	44,100	80,300	79,300	53,600	96,600
February	59,600	47,500	80,600	65,900	45,600	84,200	90,200	45,500	99,600
January	57,000	43,700	78,300	64,600	44,900	79,400	102,500	42,600	107,700
2014
December	57,000	45,600	72,900	62,000	45,500	75,000	86,900	52,600	91,800
November	61,600	47,600	84,700	59,100	39,900	78,300	84,800	57,400	95,100
October	64,500	50,900	78,700	59,000	44,400	74,700	77,100	47,100	84,700
September	59,000	41,600	78,500	66,000	44,500	80,900	80,200	39,900	90,100
August	60,200	46,800	80,900	66,400	43,300	87,800	75,400	45,800	88,900
July	61,600	45,200	77,800	61,200	45,700	77,800	79,300	45,200	92,900
June	58,700	45,600	81,200	62,600	44,600	81,000	82,300	44,200	92,300
May	61,700	46,800	79,600	64,000	44,200	76,100	77,400	49,000	88,900
April	59,100	45,700	78,500	66,100	43,900	81,300	77,100	47,600	92,900
March	58,100	45,100	81,800	63,600	42,400	82,100	84,400	46,700	90,300
February	59,700	44,800	86,100	62,200	44,800	79,700	79,600	48,800	90,800
January	72,000	51,400	88,200	63,800	46,900	80,700	87,700	55,400	93,900

1 Includes manufactured homes with more than two sections.
Note:  Estimates include manufactured homes that are sold and those intended for sale for residential use.
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-FY24-0317)
Source:  These data are produced by the U.S. Commerce Department’s Census Bureau from a survey sponsored by the
U.S. Department of Housing and Urban Development.

Part III – Using Data from the National Association of Home Builders (NAHB) and Other Sources as Cited

1) Duncan Bates, President and CEO of Legacy Housing, has said that the biggest headwind that the manufactured home industry faces is placement. Bates-led Legacy Housing (LEGH) is a member of the Manufactured Housing Institute (MHI), per sources deemed reliable.

 

2) While still concerned about the pending DOE Energy Rule, the Manufactured Housing Association for Regulatory Reform (MHARR) has said similarly. MHARR stressed that the two biggest bottlenecks for manufactured housing include zoning/placement barriers and the need for more competitive financing. See that among the headlines for the week in review, further below.

3) Among the headlines for the week in review is a copy of the video featuring Warren Buffett saying that the Duty to Serve (DTS) manufactured housing’s implementation for chattel lending would lead to more manufactured homes sold. See that among the Masthead on MHProNews headlines.

4) Also found among the Daily Business News on MHProNews headlines is recent data from the National Association of Realtors (NAR) and also the following graphic from the National Association of Home Builders (NAHB).

 

 

 

5) With the above and following in mind, which updates information found here, consider the following math- and other evidence-supported insights.

• Using the Census Bureau provided data in Part II above, the national average cost for a new single-section manufactured home in February 2024 was about $80,200.
• Using the figures supplied by the NAHB for average lot cost of $58,000 would equal $138,200.
• There are likely to be other costs, such as sales tax, fees, closing costs, insurance, mortgage protection coverage, etc.
• While reportedly most FHA lenders that make manufactured home loans have an ‘overlay’ that pushes buyers into multi-sectional purchases, technically, FHA Title II loans can be used to buy a manufactured home on land.  Per Bankrate on “Saturday, July 27, 2024, the national average 30-year FHA mortgage interest rate is 6.94%.” The down payment on an FHA Title II loan is 3.5% of the purchase price for borrowers with a credit score of 580 or higher (it is 10 percent down if the credit is 500-579).
• Presuming a 3.5 percent down payment on $138,200 is $4,837, per Google’s calculator.
• So, financing about $133,363 at 6.94% for 30 years yields a monthly payment of about $882.

To see this image below in a larger size, depending on your device,
click the image and follow the prompts.

 

6) Applying the same notions and information in #5 above to an ‘average’ new multi-sectional (a.k.a.: ‘double wide’) manufactured home on land looks like this: $152,400 + $58,000 = $210,400.

• Presuming a credit score that justifies a 3.5 percent down on an FHA Title II loan yields about $7,364 down payment (DP) required.
• Noting the disclaimers that precise figures will vary by location, as interest rates, credit terms, sales tax, insurance and other variables that will apply, this is a rough notion of what is possible – a monthly payment of about $1343 monthly plus escrow, etc.

 

To see this image below in a larger size, depending on your device,
click the image and follow the prompts.

 

 

7) Let’s flip the script from the Saturday 7.27.2024 Daily Business News on MHProNews report linked further below. Imagine, for a few moments, that the Manufactured Housing Institute (MHI) is doing a terrific job, IF their goal is to throttle manufactured housing industry production so that consolidators who think that lower sales and fewer developments somehow benefits their business model.

But that would not be the common thought process for many professions.

Imagine instead, for instance, if the powers that be in the automobile industry decided to throttle their production levels from the late 1990s to just 75 percent of where that as their goal for today. The hypothetical rationale might be so that used car prices would be artificially inflated as a result of high demand and insufficient new vehicle inventory. Based on the information below from the U.S. Department of Energy (DOE), there were about 14.5 million light duty vehicles produced in the U.S. in 1998. There were 16.14 million units produced in 2019. Following the declared COVID 19 pandemic, production dropped (see graphic below), and as millions know, the cost of used vehicles jumped in the Biden-Harris era. Something similar occurs as a result of the law of supply and demand in housing too, only housing often is viewed as “appreciating.” While it might be true that fewer new developments, for example, using manufactured homes could result in higher per lot values for some manufactured home communities (MHCs), what multifamily housing (i.e.: apartment) developer would say, ‘we aren’t going to build but a few new apartment complexes in 2024 or 2025 so that we can prop up occupancy and valuations in existing properties’ – see the vexing analogy? Doing so could see even higher rents for new apartments if that occurred, that’s what the law of supply and demand says, and that is what HUD researchers concluded. Too little production yields higher prices on existing properties.

 

 

8) There are political, regulatory, media, competitors, and industry insider factors that contribute to the relatively low production of new manufactured homes. But keep in mind that Freddie Mac said in research linked below that some 25 to 26 million households that currently rent could qualify for a manufactured home. Looking at the data in #5 and #6 above, it is easily understandable how Freddie Mac’s assertion could be true. What that means is that manufactured home production could soar to new records, if MHI were using their legal and advocacy muscle successfully instead of merely talking about meetings and memos.

 

 

9) Why isn’t MHI and MHI linked trade media publishing such information? Why are those in the MHI orbit so focused instead on what Copilot has called “Orwellian” communications that obscure authentic manufactured housing history, potential, and insights that reveal the troubling nature of MHI’s performance? See that in the Saturday Daily Business News on MHProNews report linked below.

What ought to be clear is this. During an affordable housing crisis, manufactured housing ought to be soaring. Instead, it is operating at a lower level than virtually all of the 2oth century, when the population was lower.

 

To see this image below in a larger size, depending on your device,
click the image and follow the prompts.

 

 

To learn more, see the headline reports in Part IV, check out the links to individual publicly-traded MHI member firms in any of the Daily Business News on MHProNews reports linked below for more specific insights, and don’t miss today’s postscript (Part V).

With no further adieu, here are the headlines for this Sunday’s weekly review from 7.21 to 7.28.2024.

Part IV 

What’s New on MHLivingNews

 

 

 

 

 

To see this image below in a larger size, depending on your device,
click the image and follow the prompts.

 

 

What’s News from Washington, D.C. Based MHARR

 

 

 

 

What’s New on the Masthead

 

 

 

 

 

Select Items from best-selling author Tim Connors, CSP, Words of Wisdom

 

What’s New on the Daily Business News on MHProNews

Saturday 7.27.2024

 

Friday 7.26.2024

 

 

Thursday 7.25.2024

 

Wednesday 7.24.2024

 

 

Tuesday 7.23.2024

 

 

Monday 7.22.2024

 

 

Sunday 7.21.2024

 

Postscript (Part V)

1) MHProNews routinely gets timely replies to inquiries from MHARR, from public officials, various mainstream media, third-party researchers, and other trade groups. But in recent years, MHI has – for their own leadership’s motives and reasons – decided not to reply to inquiries, and that includes inquiries to MHI’s outside attorney, David Goch. This may be part of Copilot refers to as a lack of accountability and transparency on the part of MHI. That is true despite the fact that Copilot has lauded our platform’s accuracy and logic. Our trade media platforms have also been numbers of leaders in manufactured housing, including MHI leaders, including competitors.

To see this image below in a larger size, depending on your device,
click the image and follow the prompts.

2) The top two brands in manufactured housing in 1998 outproduced the entire production of HUD Code manufactured housing in 2023. That’s a fact. Such facts are ignored or obscured by others in MHVille, but not by MHProNews and MHLivingNews.

 

 

3) What is beyond doubt is that for all of MHI’s bluster, self-praise and a circle fest of accolades by industry insiders about MHI, the industry is performing at about 1/4th of the production level that as achieved in 1998. Several of MHI’s own members have said that more is doable, but they have failed to take the steps that MHI’s own leaders have said were needed. Is it any surprise that stock analyst Greg Palm questioned why the industry was performing at such a low level? The facts and evidence are available in abundance, for those willing to look beyond what MHI insiders – busy consolidating the industry, thanks in part to underperformance – have to say. But even some of them have bluntly pointed the finger at MHI.

 

 

 

4) This article opened with this:

IBISWorld stated in a recent 2024 report that as: “traditional house prices soared, making affordable manufactured homes a more attractive proposition. Still, the industry has also been undergoing consolidation as less-profitable dealers either exited the market or merged with larger players, intensifying market concentration.”

MHARR has said the Congress and public officials need to investigate manufactured housing.

MHProNews similarly believes that the evidence warrants a probe by antitrust and other officials at the state and/or federal levels. Learn more via the linked reports. For the latest Trump vs. Harris polling results and more, see below.

Programming Notice: quarterly reporting season is drawing nigh. Watch for exclusive analysis and an array of facts from MHProNews. 

Programming Notice 2: a firm that has attended MHI’s annual meeting is accused by residents of several possible violations of laws and regulations. MHProNews is developing a report. Watch for it. Until next time, take care. ###

 

To see this image below in a larger size, depending on your device,
click the image and follow the prompts.

My fellow Democrats, I have decided not to accept the nomination and to focus all my energies on my duties as President for the remainder of my term. My very first decision as the party nominee in 2020 was to pick Kamala Harris as my Vice President. And it’s been the best… pic.twitter.com/x8DnvuImJV

— Joe Biden (@JoeBiden) July 21, 2024

If Joe Biden ends his reelection campaign, how can he justify remaining President?

Not running for reelection would be a clear admission that President Trump was right all along about Biden not being mentally fit enough to serve as Commander-in-Chief.

There is no middle ground.

— JD Vance (@JDVance1) July 21, 2024

Then RESIGN your office. If you can’t run a mere political campaign, you can’t be President https://t.co/wbO9fs0TyN

— Josh Hawley (@HawleyMO) July 21, 2024

I heard last week that he would resign at this exact time and date. It was widespread knowledge in DC.

The real powers that be are discarding the old puppet in favor of one that has a better chance of fooling the public.

They fear Trump because he is not a puppet.

— Elon Musk (@elonmusk) July 21, 2024

It’s time for us all to unite around Kamala Harris and beat Donald Trump. She is the best and most qualified candidate we have. Long live the American Dream! 🇺🇸 🗽 #Harris2024 pic.twitter.com/KG09YnWHZK

— Alex Soros (@AlexanderSoros) July 21, 2024

Statement from President Clinton and Secretary Clinton pic.twitter.com/R7tYMFWbsu

— Bill Clinton (@BillClinton) July 21, 2024

Kamala Harris owns the entire leftwing policy record of Joe Biden. The only difference is that she is even more liberal and less competent than Joe, which is really saying something. She was put in charge of the border and we saw the worst invasion of illegals in our history!!!

— Donald Trump Jr. (@DonaldJTrumpJr) July 21, 2024

Kamala was in on it. She covered up Joe’s obvious mental decline. Kamala knew Joe couldn’t do the job, so she did it. Look what she got done: a border invasion, runaway inflation, the American Dream dead. pic.twitter.com/H3Oyew0ug9

— MAGA War Room (@MAGAIncWarRoom) July 21, 2024

 

At this unprecedented juncture in American history, we must be clear about what just happened. The Democrat Party forced the Democrat nominee off the ballot, just over 100 days before the election.

Having invalidated the votes of more than 14 million Americans who selected Joe…

— Speaker Mike Johnson (@SpeakerJohnson) July 21, 2024

Black Lives Matter Attacks Democratic Party for ‘Anointing’ Kamala Harris without Primary Votes

Not even BLM agrees with the Democrats imposing Kamala to all their registered voters

Way to go in defending Democracy! pic.twitter.com/8AdhqzZq6P

— Davy Jones (@AtDavyJones) July 25, 2024

Makes sense to me!!

Black Lives Matter understands this is a subversion of democracy. Make Kamala Harris really earn her candidacy through the will of the People! pic.twitter.com/NiMQF4NfhZ

— jaylen (@jaylen_nv) July 23, 2024

People should not underestimate Kamala Harris. Seriously. The following is per Real Clear Politics on 7.27.2024.

Saturday, July 27

Race/Topic   (Click to Sort)	Poll	Results	Spread
Wisconsin: Trump vs. Harris	FOX News	Trump 50, Harris 49	Trump +1
Michigan: Trump vs. Harris	FOX News	Trump 49, Harris 49	Tie
Pennsylvania: Trump vs. Harris	FOX News	Trump 49, Harris 49	Tie
Minnesota: Trump vs. Harris	FOX News	Harris 52, Trump 46	Harris +6
Wisconsin: Trump vs. Harris vs. Kennedy vs. West vs. Stein	FOX News	Trump 46, Harris 46, Kennedy 5, Stein 1, West 1	Tie
Michigan: Trump vs. Harris vs. Kennedy vs. West vs. Stein	FOX News	Trump 45, Harris 43, Kennedy 7, Stein 1, West 1	Trump +2
Pennsylvania: Trump vs. Harris vs. Kennedy vs. West vs. Stein	FOX News	Trump 43, Harris 45, Kennedy 7, Stein 1, West 1	Harris +2

Friday, July 26

Race/Topic   (Click to Sort)	Poll	Results	Spread
General Election: Trump vs. Harris	Forbes/HarrisX	Trump 51, Harris 49	Trump +2
General Election: Trump vs. Harris vs. Kennedy vs. Stein vs. West	Forbes/HarrisX	Trump 44, Harris 44, Kennedy 10, Stein 1, West 1	Tie

Thursday, July 25

Race/Topic   (Click to Sort)	Poll	Results	Spread
General Election: Trump vs. Harris	NY Times/Siena	Trump 48, Harris 47	Trump +1
General Election: Trump vs. Harris vs. Kennedy vs. Stein vs. West	NY Times/Siena	Trump 43, Harris 44, Kennedy 5, Stein 1, West 0	Harris +1
Arizona: Trump vs. Harris	The Hill/Emerson	Trump 49, Harris 44	Trump +5
Georgia: Trump vs. Harris	The Hill/Emerson	Trump 48, Harris 46	Trump +2
Michigan: Trump vs. Harris	The Hill/Emerson	Trump 46, Harris 45	Trump +1

Wednesday, July 24

Race/Topic   (Click to Sort)	Poll	Results	Spread
General Election: Trump vs. Harris	CNN	Trump 49, Harris 46	Trump +3
Pennsylvania: Trump vs. Harris	AmGreatness/NSOR	Trump 47, Harris 45	Trump +2

Tuesday, July 23

Race/Topic   (Click to Sort)	Poll	Results	Spread
General Election: Trump vs. Harris	NPR/PBS/Marist	Trump 46, Harris 45	Trump +1
General Election: Trump vs. Harris vs. Kennedy vs. Stein vs. West	NPR/PBS/Marist	Trump 42, Harris 42, Kennedy 7, Stein 1, West 1	Tie
General Election: Trump vs. Harris	Yahoo News	Trump 46, Harris 46	Tie
General Election: Trump vs. Harris vs. Kennedy vs. Stein vs. West	Yahoo News	Trump 43, Harris 41, Kennedy 5, Stein 1, West 1	Trump +2
General Election: Trump vs. Harris	Morning Consult	Trump 47, Harris 45	Trump +2
General Election: Trump vs. Harris	Reuters/Ipsos	Trump 42, Harris 44	Harris +2
Georgia: Trump vs. Harris	Landmark Communications	Trump 48, Harris 47	Trump +1
Georgia: Trump vs. Harris vs. Kennedy vs. West vs. Stein	Landmark Communications	Trump 46, Harris 44, Kennedy 4, West 1, Stein 0	Trump +2

Monday, July 22

Race/Topic   (Click to Sort)	Poll	Results	Spread
General Election: Trump vs. Harris vs. Kennedy vs. Stein vs. West	Quinnipiac	Trump 45, Harris 41, Kennedy 6, Stein 2, West 1	Trump +4
General Election: Trump vs. Harris	Quinnipiac	Trump 49, Harris 47	Trump +2
General Election: Trump vs. Harris	Forbes/HarrisX	Trump 53, Harris 47	Trump +6
Georgia: Trump vs. Harris	Atlanta Journal-Constitution	Trump 51, Harris 46	Trump +5
Arizona: Trump vs. Harris	PPP (D)	Trump 52, Harris 44	Trump +8
Michigan: Trump vs. Harris	PPP (D)	Trump 48, Harris 46	Trump +2
Pennsylvania: Trump vs. Harris	PPP (D)	Trump 51, Harris 45	Trump +6
Arizona Senate – Lake vs. Gallego	PPP (D)	Gallego 50, Lake 47	Gallego +3
Michigan Senate – Rogers vs. Slotkin	PPP (D)	Slotkin 45, Rogers 35	Slotkin +10
Pennsylvania Senate – McCormick vs. Casey	PPP (D)	Casey 47, McCormick 44	Casey +3
Wisconsin: Trump vs. Harris	PPP (D)	Trump 49, Harris 48	Trump +1
Wisconsin Senate – Hovde vs. Baldwin	PPP (D)	Baldwin 51, Hovde 43	Baldwin +8

Sunday, July 21

Race/Topic   (Click to Sort)	Poll	Results	Spread
Michigan: Trump vs. Biden	Detroit Free Press/EPIC-MRA	Trump 49, Biden 42	Trump +7
Michigan: Trump vs. Biden vs. Kennedy vs. West vs. Stein	Detroit Free Press/EPIC-MRA	Trump 43, Biden 36, Kennedy 8, West 2, Stein 2	Trump +7

 

But if Harris wins, it will be because people are driven by faux fear, by thoughtless habits, and costly propaganda.  Harris’ record should cause her to lose “biggly.” A snarky and satirical video tweet that has been viewed over 50 million times already is followed by others.

53 million views. https://t.co/e62aeKGPon

— Catturd ™ (@catturd2) July 27, 2024

Bill Maher just *NUKED* Kamala from orbit 🔥pic.twitter.com/LqCiiIcGvn

— Kyle Becker (@kylenabecker) July 27, 2024

Is this Joe Biden??? https://t.co/KQ8MRyKLla

— Juanita Broaddrick (@atensnut) July 27, 2024

Yeah, apparently he walks faster than his son and a better gait than before.

— Barb🇺🇸🇺🇸🇺🇸 (@BarbGEO47) July 27, 2024

REPORT: The media is currently rewriting history in an effort to help the Harris campaign.

Here are 5 hoaxes the media has launched in the past week.

5. CBS claims Trump is lying by saying Harris donated to Minnesota Freedom Fund, bailing out “dangerous criminals” during the… pic.twitter.com/HEjlJnE8Kx

— Collin Rugg (@CollinRugg) July 26, 2024

HOLY COW!

Does anyone see what’s happening in New York?

HUNDREDS of New York citizens are protesting against an illegal alien shelter in Brooklyn, NY.

I have never seen anything like this.

Why is no one reporting?

This is from TODAY!

h/t @letsgobrandon75 pic.twitter.com/9KxvYHvu4u

— ThePersistence (@ScottPresler) July 27, 2024

This clip cannot be watched enough. Keep reposting it.

Kamala walked off the stage in flames😆😂 pic.twitter.com/bF52yuDKou

— Spitfire (@DogRightGirl) July 26, 2024

CBS lies about Trump lying pic.twitter.com/GLmm8u6Mqr

— Elon Musk (@elonmusk) July 26, 2024

Save our kids!
pic.twitter.com/1obaIHBv0A

— Elon Musk (@elonmusk) July 27, 2024

Here it is: Kamala Harris all but announces she is a communist.

“Everyone ends up in the same place. And since we didn’t start in the same place, some folks might need more. EQUITABLE distribution.”

Harris paraphrases Marx: “From each according to his ability to each according… pic.twitter.com/lV5tkFs9x6

— Kyle Becker (@kylenabecker) July 26, 2024

🚨 MASSIVE crowds are gathered in Downtown Nashville to greet President Trump

I love to see this! 🇺🇸 pic.twitter.com/xMzRSKKPCo

— Nick Sortor (@nicksortor) July 27, 2024

New Trump Ad 🔥

pic.twitter.com/YPWlxtFOud

— Benny Johnson (@bennyjohnson) July 27, 2024

;

 

This is the chart #KamalaHarris doesn’t want you to read, let alone analyze. This also is the chart that saved his life, he glanced back to see it and the bullets missed him. Take a glance, it must be important. https://t.co/GYc7Js4m28

— Cowboy Patriot (@CowboyPatriot88) July 24, 2024