“Cari Gorman-Salisbury owns a 2-acre lot surrounded by R1L-175 zoning which limits property owners to site-built structures. Mistakenly believing her property, acquired in 2017, provided for manufactured homes, she bought one and had it delivered one day in September to the property located on the west side of Orme …
“At the center of a perfect storm of boomer burnout, a brutal recession, and a rapidly changing industry, the mobile home retail market could be the worst industry in America. Here’s why,” wrote Derek Thompson as his subheading on a story for the Atlantic, a popular progressive news …
Imagine for a few moments that a law would allow you to place a new HUD Code manufactured home someone wants to purchase in one of the numerous areas where they are currently being zoned out by local officials. There is arguably no need to imagine that, because that …
The Minnesota Valley Action Council (MVAC) and city of Mankato officials met with mobile home owners, community owners and management, plus representatives of the United Community Action Partnership to discuss the initiative second phase of a project to replace older mobile homes there. MVAC and Mankato hope to replace …
Mobile Home Replacement Plan Offers Upgrade to Manufactured Homes Read More
On the fourth day in a row that markets rose, and most manufactured housing industry tracked stocks rose as well, we will look at reports on data that may help explain why markets dropped in December, 2018. That will be this evening’s featured focus. If you’re new, already hooked …
Why Did Stocks Tank in December? Plus Manufactured Home Stock Market Updates Read More
One advantage that HUD Code manufactured homes have over other types of factory building that keeps costs lower is that it is federal and enjoys the enhanced preemption established by the Manufactured Housing Improvement Act (MHIA) of 2000. There are some items that the Daily Business News on …
Surprising Discovery on Manufactured Housing’s Enhanced Preemption, Hidden Gem$ Read More
Shutdown theater continues in Washington, D.C. So, yesterday afternoon, the U.S. Department of Housing and Urban Development’s Federal Housing Administration (FHA) requested that approved lenders consider the financial hardships caused by the partial federal shutdown. That press release is below, including a letter linked from FHA’s Brian Montgomery. …
FHA Call to Lenders on Workers, Contractors, re: Federal Government Shutdown Read More
Markets closed up again today, the first 3 consecutive days of increases on the Dow since November, 2018. In the mix of noteworthy reports this evening for manufactured housing investors and professionals in this item, that even with the trade battle, Chinese are still the #1 foreign buyers of U.S. …
Chinese Buyers Compete With U.S. Buyers for American Housing, Plus MH Markets Updates Read More
It has been one of the more-read articles on the Daily Business News on MHProNews, which means it is one of the hotter topics in the manufactured housing industry. And today, the Manufactured Housing Association for Regulatory Reform (MHARR) said the following about NAMHCO – in their take on …
One of the items that Kevin Clayton – among others in business – has touted is how their open office spaces are. Egalitarian. Team building. Lots of nomenclature has been tossed about to make it sound, hip, cool, and the way to go. Not so fast, says a new …
Almost every tracked stock in MHVille rose today, as our Bloomberg ticker further below reflects. CNBC and Fox Business both report that China’s economic and market slides are beginning to put pressure on their leadership to ‘make a deal’ with the Trump Administration over trade. On a day when the …
Capital, other market manipulations, plus an apparent failure by the Arlington, VA based Monopolistic Housing Institute (MHI) to deliver on their self-proclaimed ‘promotion’ of the industry are obvious takeaways from the latest new HUD Code manufactured home (MH) shipment report. But those are not the only problems that the …
2019 Trade Shows, Next Battleground of the Manufactured Housing Revolution? Read More
Despite what some might have (mis)understood about what our publisher wrote recently that included a mention or two of George F. (F?) Allen, the Daily Business News on MHProNews will continue to take a wheat and chaff approach with everyone in our industry, and those outside of MHVille as well. …
New Era in National U.S. Manufactured Home Community Representation Underway? Read More
For those not ‘in the know’ about the SEC mandated quiet period, the prior report will help tee up the significance of this one today. See that and more trading insights from late last week, in the linked text/image box below. Legacy Housing IPO (LEGH) Quiet Period Set to Expire, …
Insider Trade During SEC Mandated ‘Quiet Period’ at Legacy Housing Corp Read More
First, a message from Susan Brenton with NAMHCO and AZMHCA.com to our publisher, L. A. ‘Tony’ Kovach. Tony: Here’s NAMHCO’s statement regarding the Disneyland issue, from President Neal Haney. “It is important to get the nomenclature right – whether it be modular offices or manufactured homes. Trailers are for …
Every part of the headline will be covered in this column and analysis, only the sequence will be mixed. Let’s frame this report simply. Affordable housing is potentially worth hundreds of billions of dollars a year in the U.S. That’s the conclusion of Jeff Bezos’ Amazon Alexa Fund. …
“Since Colorado-based RV Horizons purchased Houlton’s St. Croix Meadows RV Park in the fall of 2015, Town of St. Joseph Town Board has twice voted to deny renewal of the park’s operating license, citing various infractions including failure to pay its bills to the city,” said the Wisconsin-side of …
Don Dion on Seeking Alpha provided an executive summary goes like this. “LEGH’s quiet period is set to expire on Jan. 8, 2019. Our research has demonstrated that prices enjoy a temporary increase around the expiration of quiet periods. Risk-tolerant investors should consider buying shares ahead of LEGH’s quiet …
Legacy Housing IPO (LEGH) Quiet Period Set to Expire, SA’s Don Dion Read More
Let’s be clear. There are good reasons to use proper terminology. That said, this world-famous “epic and honest” commercial further below has 4.8 million views at the time we are posting it on the Daily Business News on MHProNews. At the time that WAAY-31 TV spotlighted them, they were …
Here’s the overview for this evening’s report. First, we’ll look at HUD and the U.S. Census Bureau’s November 2018 conventional housing data. Then, compare that to the data that was just published today on HUD Code manufactured homes for November of 2018. Finally, we’ll wrap this evening up …
