The historic claim-to-fame for millions of Americans with respect to manufactured homes was that they were a great way to start out home ownership for singles and younger families. The other large group of manufactured home owners traditionally has been those approaching retirement, or who are already retired. A …
21% of Americans have no Retirement Savings, and Manufactured Housing Read More
“We bought a trailer [1] that wasn’t really ours. I mean, it really hurt me. My nerves have been tore up. I’ve been crying.” – Tonya Evans, a customer of Tom Lackey’s Stoney Pointe MH Community business. Spencer Roane is an RV MH Hall of Fame Inductee, and is …
Millions could care less about politics. Many don’t want to talk about religion either. Especially those in business, who want to be able to serve as many people as possible, topics like that are almost a taboo. Then there is “industry politics.” Some only want to hear ‘good news.’ …
Whatever one thinks about their political leanings, the Washington Post is one of the most important and influential news publications in America. They decided to publish an article recently about the HUD Code manufactured housing program. More specifically, the Washington Post (WaPo or WP) wrote about the inner workings …
Local media originally reported that the tortured odyssey of the Northern Housing Community in Schofield, Wisconsin did not receive a timely appeal. Those initial accounts turned out to be inaccurate. “Your article was very interesting,” said Sarah L. Ruffi, of the Ruffi Law Offices in Wausau, WI. “I represent Northern …
Reprieve in Community Closure Collision, Another Round Ahead? Read More
Long before others in manufactured housing raised the topic of artificial intelligence (AI), robotics and automation as a concern for workers and independent businesses, the Daily Business News on MHProNews has led the charge on raising the industry’s awareness of the many nuances to this disruptive challenge. With giants …
White House Official Statement on Artificial Intelligence – Industry and Business Summit Read More
“Home Group, one of the UK’s largest providers of homes for sale and affordable rent, has reported that 52% of individuals would be unlikely to live in a modular home, yet almost 90% failed to identify a modern modular product,” the operation said in a statement in their news blog. …
Home Group Commissions YouGov Study, Most Don’t Understand Modular Homes Read More
Two South Georgia lawmakers, Darrel Ealum of Albany and John Corbett of Valdosta, helped write legislation to clean up what Ealum says are “old ugly eyesores,” said WALB. “The bill gives landowners a voice they previously didn’t have,” writes Vontresia Cutts. “Yes, it the bill is what the George Manufactured Housing Association [GMHA] …
“The Coldwater Planning Commission voted unanimously to recommend the City Council approve rezoning 20.6 acres from the township R-3 to the city’s AA — Agriculture Residential – for a 102 lot manufactured home subdivision,” said the Daily Reporter. Leading the charge was Don Westphal. “The petitioners from Farrell-Roeh of Littleton, …
“When in the course of human events…” Day by day, people make life-changing decisions. Those choices can be for good or ill. A fact without context may have little discernible meaning. To properly understand the present, or any moment in time, one must understand what occurred previously. In the famous …
“YES! Communities (“YES!”), one of the nation’s largest owners and operators of manufactured home communities, today announced that it had acquired a portfolio of 24 manufactured home communities, comprising over 6,800 residential home sites in the states of Michigan, Indiana, Illinois and Texas, from affiliates of Four Leaf Properties,” said the company in a release …
Yes! Communities Closes on Major Deal, Added Insights Not in Media Release Read More
The latest Fannie Mae Home Purchase Sentiment Index® (HPSI) is out. It’s near an all-time high, but one category is declining. Affordability for conventional housing buyers is sliding. Manufactured Housing (MH) was MIA – missing in action – from the Fannie Mae report. Manufactured homes aren’t even mentioned. “The …
MIA from Fannie Mae’s Latest Housing Survey, MHI Producer Sounds Off Read More
Buckle up for what may be the most important topic so far this year, for this session of the Monday Morning Manufactured Home Sales and Marketing Meeting about “Style or Substance.” Executive summary? Style matters, but properly understood, the industry evidence demonstrates that substance is proven to matter more. …
When it comes to the affordable housing crisis, one of the nation’s hot-spots is Seattle, Washington. Seattle is the headquarters of founder Jeff Bezos’ – the world’s richest man – ubiquitous flagship company, Amazon. In the backdrop of every U.S. affordable housing story, there ought to be an appropriate …
Is it a coincidence? As the temperatures outdoors are rising, so too are the reports, research and news items that shake, rattle and roll (pardon the last pun) manufactured housing professionals. Warren Buffett’s annual Berkshire Hathaway shareholders meeting is underway, and sucks up a fair amount of O2. An …
“Trapped. Threatened. Scared. That is how thousands of people across the Front Range are feeling and they all have one thing in common: They live in manufactured homes,” says Denver 7 in their report on a manufactured home community in Thornton, Colorado. At a time when about half of all manufactured homes …
“Trapped. Threatened. Scared.” “Mobile Home [SIC] Owner’s Fears Reflect National Crisis” Read More
A new report by the McKinsey Global Institute (MGI), “A Blueprint for Addressing the Global Affordable Housing Challenge,” defines the affordability gap as the difference between the cost of an acceptable standard housing unit (which varies by location) and what households can afford to pay using no more than 30 …
In any industry, trends are worth noting, and are important for investors, owners, lenders, policy pros, and other professionals alike. As the chart below will spotlight, there have been hundreds of manufactured home communities that have opened since 2002. That’s news to many, not to others, in manufactured …
What could all of those individual topics in the headline possibly have in common? What could each of those current events mean to manufactured housing professionals, owners, investors and advocates? Plenty. Here’s the quick rundown. The glue for each are the two words, “first principles.” Let’s look… The …
The Manufactured Housing Association for Regulatory Reform (MHARR) reports that official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year manufactured housing industry production grew again in March 2018. “Just-released statistics indicate that HUD Code manufacturers produced 8,830 homes in March 2018, a …
HUD Code Manufactured Home Shipments, Housing Production – March 2018 Data Read More
