On the first day of trading in 2019, the broader market stocks rose marginally. Manufactured housing stocks tracked closed mixed. But watch tomorrow closely, because the announcement by Apple has cause their stock – and others in the tech sector to drop, per MarketWatch and others. It’s a troubling reality …
Nuveen is “a TIAA company,” a.k.a. the “Teachers Insurance and Annuity Association of America-College Retirement Equities Fund.” Nuveen had assets under management (AUM) of “$970 billion USD (December 2017),” per Wikipedia. In their annual forecast for 2019, Nuveen’s leadership said as follows. “We believe we are in the …
“Brian Darrell Montgomery (born August 2, 1956) is the current Assistant Secretary of Housing and Urban Development for Housing [HUD], also known as the commissioner of the Federal Housing Administration [FHA]. He also served as Assistant Secretary of Housing and Urban Development for Housing in the United States Department …
HUD’s FHA Commissioner Brian Montgomery on 2019 Manufactured Housing Hot Seat Read More
The writer of the Forbes column cited and linked below is a manufactured home community owner named Brad Johnson. Johnson, not unlike RV Horizon’s Frank Rolfe, misuses the terminology, perhaps for SEO or other reasons. Johnson in Forbes cites Sam Zell’s Equity LifeStyle Properties or ELS. It’s Zell who …
Every business professional or account worth their salt does a financial analysis. Serious investors in the equity markets or who want to risk money in a property or enterprise want data and evidence too. Two articles on varied topics posted today on the Daily Business News each have a kind …
Earning More Honest, Honorable Manufactured Home Industry Profits in 2019 Read More
Habitat for Humanity has long had ties with former President Jimmy Carter. The former president and peanut farmer’s brother Billy Carter had significant positions in manufactured home operations, as has been previously reported on MHLivingNews and MHProNews. Those facts were not mentioned by the Sonoma County Habitat for Humanity …
Going PreFab, Habitat for Humanity Announces Plan for Factory Home Building in 2019 Read More
At the start of this ABC News video is this apt phrase. Leaving Paradise (CA), there is “hell on earth.” Mother Jones yesterday called “the Camp Fire, the deadliest and most destructive wildfire in California history.” As 2018 winds down, hurricanes, tornadoes and California wild fires are among the …
The Daily Business News has kept an eye on Sears this week for several reasons. There are the lessons that can be learned from Sears for MHVille. Another is Sear’s historic ties to prefab housing. Third is the insider question. Sear’s will be our focus this evening, on a day …
Bankrupt Sears Gets Last Minute Bid, Plus MH Market Updates Read More
In a media release from the Texas Manufactured Housing Association (TMHA), here are the latest insights. “Shipments in November moved down from both October and November of 2017 as the market faced fewer production days, rising interest rates, and falling oil prices,” said the TMHA statement. “Manufacturer annual totals …
What the Latest Numbers from #1 Manufactured Housing Market Texas Reveals Read More
Thousands of new manufactured homes go into rural areas, as public officials who are members of both major political parties have noted. Manufactured homes, and other forms of factory-built housing, also routinely are sold into areas where new energy production is taking place. So these trends …
Oil, Soybean Market Maneuvers and Manipulation Reveal Broader Concerns for MHVille Read More
Taxes. Appearances. Uncertainty about the future. Those are some of the excuses, err, reasons that trustees of South Elgin, a part of the Chicago metro, rejected a 296 unit manufactured home community development that would have served residents 55 and older. It’s a story that affordable housing and manufactured home …
In the United States, Hyundai is best known for their cars and other vehicles. That’s still a big part of the South Korean firm’s business, but they have a diversified presence in several industries, with “engineering” and industrialization in construction as common elements. Hyundai Engineering said Wednesday that they’ve …
Introducing Hyundai Engineering Projects, Donates Disaster-Resistant Modular Homes Read More
Disney Springs in Orlando, FL has been discovered openly using offensive, inaccurate terminology deemed prejudicial towards factory-builders and the over 22 million Americans in the U.S. – plus others in Canada – who live in pre-HUD Code mobile homes, modular housing, and HUD Code manufactured homes. Near the Disney Springs …
In the days before GPS, Apple or Google Maps a good paper road-map had a rectangular box with ‘the legend.’ The legend in this sense of the word explained the meaning of the various circles, lines, symbols and how many miles-to-an-inch. ‘The legend’ unlocked the meaning of the map. In …
Legends, Battle of Bedford Falls, and Christmas in Affordable Housing’s MH Land Read More
As 2018 draws towards a close, Sears is a company struggling to survive. Creditors, courts, and a hunt for more customers are past of the once great retailer’s grim future. Walmart, Amazon, and others have taken big bites out of Sear’s market share. But a century ago, it wasn’t so. …
It’s the best economy in 20 years, says Heritage Foundation chief economist Steve Moore, who disagrees with President Trump on one point. The Federal Reserve’s policies are not the only problem slamming the markets, but it is a serious one. On a day when all tracked manufactured home stocks declined, …
On Christmas Eve, Christmas Day, and December 26, talk radio shows often use “’best of’ repeats. At this time of year, the mainstream media traditionally includes ‘year in review’ news stories. Here on the Daily Business News on MHProNews we’re doing something similar to the later, because we want fresh content daily …
Giving and denotations can be good, and certainly the Mona Lisa and Oscar De Paz of New Braunfels, TX will benefit from the Christmas gift of a new manufactured home donated by Clayton Homes. “Manufactured housing is one of the largest sources of unsubsidized, affordable housing in the country,” said …
Clayton Donates Manufactured Home for Christmas, But What’s Up With Those Lumps of Coal? Read More
A rut has been defined as an open-ended grave. Habits can be useful, and good habits are necessary in one’s personal and professional life. But problematic habits are a rut. They may be comfortable, at least until the walls of the rut finally weaken and collapse. If a collapsed …
Escaping the Grave? Affordable, Manufactured Housing News Read More
Part of Warren Buffett and Berkshire Hathaway’s “strategic moat” is arguably how access – or limiting of access – to capital impacts the manufactured housing industry. So, while some point to Buffett’s Berkshire benefit from the Tax Cuts and Jobs Act (TCJA), what is underreported in MHVille is …
Capital Pouring In, What Warren Buffett May Not Want MHVille Professionals to Know Read More
