Markets dipped today, and three issues were among the factors that analysts say are furrowing the brows of investors. Housing, oil, and tariffs – read ‘trade wars’ – are going to be our featured report this evening. If you’re new, already hooked on our new spotlight feature – or are …
Housing, Oil, and Tariffs, Plus Manufactured Housing Industry Market Report Updates Read More
Industry professionals should note the mixing of nomenclature, or feel a level of angst in reading in California’s Orange County Register the following. “Look, I know mobile homes[1] are not for everybody and have a nasty stigma that is sometimes deserved.” That line was preceded by the opening words, …
“Most people wouldn’t recognize today’s factory-built homes. The manufactured housing industry has diversified and enhanced the models available so they can blend seamlessly into traditional neighborhoods of site-built homes, offering comparable amenities and curb appeal,” said Sarah Edelman, Director of Duty to Serve, Single-Family Mortgage Business. Her open is …
One of the challenges facing manufactured housing for years falls under the heading of “Location.” In real estate, there is an axiom that the three most important things about a property are location, location, and location. Per the Real Deal, “the “Yale Book of Quotations” found the phrase used …
For those who wonder if the Trump Administration is serious about enforcing laws, a $1.2 billion dollar settlement should put that question to rest. “U.S. Housing and Urban Development (HUD) Secretary Ben Carson…announced a historic agreement with the nation’s largest public housing authority to correct dangerous lead-based paint and …
$1.2 Billion Settlement Proves FEDs Are Serious; Communities, Industry Head$ Up Read More
People crave dignity. “The System has been Rigged,” the 45th President of the United States (POTUS), Donald J. Trump, has said. He understands these realities. POTUS Trump undertook to break the grip of those who’ve rigged the free markets that harm the opportunities, and diminish the dignity of tens …
“The revival of a previously “inactive” energy rule for manufactured homes by the U.S. Department of Energy (DOE) may trigger legal action by MHARR on behalf of smaller HUD Code industry businesses,” said MHARR in a release do the Daily Business News. “As MHARR reported on December 18, 2017, …
It’s classic Sam Zell. “Pencil head,” Zell would say to potential investors who didn’t completely ‘get it’ about what is known today as Equity LifeStyle Properties (ELS), “it’s not a trailer park.” It’s not a trailer park. So true. But the song by Roger Miller, “King of the Road,” …
A poll by Reuters of property market analysists revels that “an acute shortage of affordable homes in the U.S. will continue over the coming year,” said a new report by CNBC. “U.S. house prices are slightly over-valued when looking at fundamental valuation metrics such as the median-home-price-to-income ratio,” noted …
Reuters on U.S. Housing Price Pace, Manufactured Housing Visions Read More
Via a release from the White House Press Room to the Daily Business News, the President of the United States (POTUS), Donald J. Trump, said as follows. — start of extended quote — “During National Homeownership Month, we affirm the joy and benefits of homeownership. For millions of Americans, …
In a letter to the Manufactured Housing Institute (MHI) and Manufactured Housing Association for Regulatory Reform presidents, Jonathan Lawless, Vice President of Fannie Mae advised the two national trade associations of their news “MH Advantage” program for manufactured homes. The opening from the letter from Lawless to the two …
“Meshuggeneh” We were checking out at Walmart last night after dinner. The woman who was ringing up our order was lightly conversing with my husband and family. She was commenting on something the previous lady in line had said before leaving with her new goodies. The lady at the …
“Scientia potentia est,” is Latin that is commonly translated as Knowledge is Power, but it is more accurately translated into English as Knowledge is Potential Power. All Knowledge comes from one of two sources, your own experiences, or insights learned from the experiences of others. There are no exceptions. …
7 Surprising Keys to Unlock Manufactured Housing Industry Sales Success Read More
“Factory production can be achieved not only by complete factory production of housing units as in manufactured housing, but also with factory production of increasingly sophisticated building components that are then assembled in the field into traditional single and multifamily housing,” – Todd M. Richardson in Operation Breakthrough (reproduced below, …
“The housing industry today is facing a different kind of crisis: not enough homes for sale.” – Lawrence Yun, Forbes Contributor. “A decade ago, the housing sector was in a mess. The mistakes of easy subprime lending resulted ultimately in the catastrophic collapse of the housing sector. Home values …
NAR’s Lawrence Yun Raises Alarm for New Housing Crisis, MH Import? Read More
“It is no secret about lifting HUD [Code manufactured] homes…[it’s] done all the time,” said industry installation expert, George Porter. “There are some differences because of the [different kinds of HUD Code manufactured home’s] frame, but fairly similar,” Porter told the Daily Business News via a series of emailed …
“HISTORICALLY PLAGUED BY THE image of a tin box on wheels, manufactured housing finally is winning some of the mainstream acceptability that this housing segment has long sought. Today, manufactured housing—also mistakenly known as mobile homes, a colloquial but technically inaccurate name sometimes used to describe the housing product broader …
GSE Asked: Will Manufactured Housing Overtake Conventional Homebuilding? Read More
HUD has a new man in a significant role at HUD. We will get into the various “official” statements about Brian Montgomery. But we begin with a backgrounder. Mr. Montgomery has a track record, and the question industry professionals must answer is simple. Will he operate as he did …
HUD’s New Man, Officials Statements, with Insider Info Beyond the Media Releases Read More
WASHINGTON, D.C. “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 April 2018,” said the joint release to the Daily Business News. New Home Sales “Sales of new single-family [conventional] houses in April 2018 …
HUD and Census Bureau Report, New Housing Sales, April 2018 Read More
WASHINGTON, D.C. – “Today, the House of Representatives voted 258-159 to pass the “Economic Growth, Regulatory Relief and Consumer Protection Act,” which represents the most significant pro-growth financial regulatory reform package since the passage of Gramm-Leach-Bliley nearly a generation ago,” said the House Financial Services Committee Chairman in a statement …
