“Housing costs in California are rising faster than other states. Between January 2012 and January 2019, list prices for homes rose 85.4%. Here are three of the key conditions that sent prices soaring,” says the Wall Street Journal (WSJ) YouTube page that sports this video, below. Just weeks …
California Housing Crisis, HUD Secretary Ben Carson, and Manufactured Housing Read More
A newly released report by former U.S. Treasury Department official Lawrence Summers and assistant professor of law at University of Pennsylvania Natasha Sarin, using Internal Revenue Service data, say that trillions of dollars won’t be collected in the next decade, based upon recent trends. On a down day on Wall …
“When others are going left, look right.” – investing maxim of Sam Zell, Chairman, Equity Lifestyle Properties (ELS). Preface. This report will touch upon the interests of the following. Manufactured home industry professionals, particularly independents, but larger players too. Affordable housing advocates – including, but not limited to – …
In medicine, business, politics, or most any vocation – the prudent professional faced with problems goes to the root or foundational issue(s). When any form of prejudice is at work, it is often a problem caused by misinformation. Thus, the core solution must include engaging those who are misinformed with …
It was The Hill’s investigative reporter John Solomon who said today that characterized hearings on Capitol Hill as a “Weapon of Mass Distraction.” It was former CBS News award-winning reporter Sharyl Attkisson who wrote a book entitled “The Smear.” It was the Rev. Donald Tye, Jr. who told MHProNews that …
The first of four scheduled Duty to Serve (DTS) “Listening Sessions” took place on November 19 at the Federal Reserve Bank of St. Louis. The Federal Reserve Bank of St. Louis is located at the One Federal Reserve Bank Plaza, at the corner of Broadway and Locust Street in downtown …
There is no getting around the reality that Chinese based firms are a supplier to U.S. HUD Code manufactured housing producers. American conventional housing construction also uses Chinese made components. Kevin Clayton of Berkshire Hathaway owned Clayton Homes made that point several months ago, as MHProNews reported. So, events involving …
The press release to MHProNews from CoreLogic earlier today makes a nice bookend to the earlier report on the spike in single family housing building permits. In a way it is stating the obvious, because as inventory tightens, the law of supply and demand kicks in. Of course the of …
CoreLogic SFRI Reports Low Rental Inventory Levels Pushing Rent Higher Read More
Some are dropping out or are poised to exit the Democratic presidential hopeful stage. 2 newcomers are in, and rumors of potentially more entering the field persist. One poll suggests that about 1 in 4 Democrats are not satisfied with the expansive set of candidate choices they’ve had so far. …
While the manufactured housing industry is struggling at sales levels about ¼th that of the most recent high from 1998, conventional housing has building permits indicate a twelve year high. Per CNBC: single-family homebuilding rebounded in October and permits for future home construction jumped to a more than 12-year high. …
Scott Stropkai with Statistical Surveys stressed that he is neutral, “Swiss” as he put it to MHProNews yesterday when it comes to manufactured housing industry controversies. For his firm, which has been producing data for over a half-century, statistics are just that, stats. Stropkai may never have dreamed a few …
When left- and right-leaning media outlets arrive at similar concerns on something that isn’t political theater, it is a reasonable signal that more attention needs to be paid from those on both sides of the two major party-political divide. Senator Elizabeth Warren and other lawmakers are raising serious concerns about …
MHInsider’s writer Patrick Revere has the knack, but the facts about pageviews displayed on the MHInsider/MHVillage website reveals he doesn’t have much of an audience. Their own published data on articles like the one featuring Tim Williams and the hot topic of manufactured home lending stands in stark contrast to …
In the introduction from the National Federation of Independent Businesses (NFIB) power point found below, it said the following on November 6, 2019. NFIB Small Business Legal Center We are the voice for small business in the courts and the legal resource for small business owners nationwide. While the …
Let’s be clear and simple. The closely contested race offers numerous Democrats, Republicans, and President Donald J. Trump’s respective campaigns interesting insights. As the conclusion of this report will reflect, it has potential meaning and opportunities for manufactured housing professionals. First the background and facts from various cited sources, …
There is much to do, so today will be briefer than normal. Among the headlines below is a new report on Manufactured Home Living News that spotlights a real estate agent who is giving praise for manufactured homes, while she seeks to debunk misconceptions. It is worthy of your time, …
There are times we strive to serve meat and potatoes, which the dictionary defines as “ordinary but fundamental things; basic ingredients.” But there are other times that we dive deeper into the issues that are pressing – say, towards a deadline. Yesterday was such a day. Webalizer and other metrics …
“FHFA as conservator has broad authority over the Enterprises, but the focus of the conservatorships is not to manage every aspect of their operations. Instead, FHFA leadership reconstituted Fannie Mae and Freddie Macs’ boards of directors in 2008 and charged them with ensuring that normal corporate governance practices and procedures …
Executive Vice President Lesli Gooch, the “CEO-elect” of the Arlington, VA based Manufactured Housing Institute (MHI) has submitted comments that should be raising caution – or red – flags for investors in manufactured housing for reasons that will be outlined in tonight’s featured focus. On a day when the markets …
Following an email to a limited number of manufactured housing professionals this morning, one of them posted the following to the Federal Housing Finance Agency (FHFA) request for input. The core of the message from our publisher to encourage the FHFA to hold Fannie Mae and Freddie Mac to fully …
