Markets and investors prefer certainty to uncertainty. So the announcement by President Trump of more tariffs on China’s products, and possibly additional and higher tariffs yet to come, provided a good dose of uncertainty. On a day when stocks continued to slide, as did most manufactured home connected tracked stocks, […]
Kudlow on Deepening U.S.-China Trade War, plus Manufactured Home Stock Updates Read More
Yesterday afternoon in the mailbox was a letter informing us that today at 10 AM in Tampa, FL that Soheyla Kovach, a near-daily contributor to MHProNews, was to appear for her citizenship ceremony. U.S. Citizenship and Immigration Services is USCIS for short. Their staff has routinely been friendly and
Celebrating Citizenship, USCIS Naturalization Ceremony, and MHVille Read More
This report will begin by laying out some facts from federal testimony before Congress, and will then provide some related background information. The relevance to the industry’s historically low levels of new HUD Code manufactured home shipments should be discerned by thoughtful professionals, investors, and curious federal and other public
Long-Time HUD Attorney’s Formal Statement on Manufactured Housing Enhanced Preemption Read More
In a northern manufactured housing land-lease community operation there is a saying. “Free entertainment” is how several managers and executives describe the strange-but-true occurrences that arise. Some ‘free entertainment’ of that kind is costly, dangerous, and at times, deadly – as numbers of manufactured home community professionals know from
Strange-But-True Manufactured Home Fire in Land Lease Community Read More
Democrats battling last night on the debate stage was expected. Stocks rose early in the day. President of the United States Donald J. Trump business unit used to own several casinos. Perhaps it is no surprise, then, that what often looks like river boat gambles occur in the form of
While the letter that follows was addressed this afternoon primarily to leaders connected with MHI, as the message itself says, more than one official with ties to HUD that also has reportedly performed work for MHI was also in the emailed document. Given the ongoing downturn, the message should speak
In a release this morning to MHProNews, the Texas Manufactured Housing Association (TMHA) said the following. June 2019 TMHA Shipment Report Texas Shipments pulled back in June on a decrease in production days and an increase in homes shipped out of the state. TEXAS MANUFACTURED HOME SHIPMENTS
#1 Manufactured Home Producer Texas Reports Continued Declines, w/Bright Spot? Read More
The headline will be answered in two ways. Let’s proceed with a systematic look at a release to MHProNews from the Apartment List that spotlighted research which said the following. In 2018 “At current savings rates, two-thirds of millennials need more than two decades to save for a down payment.”
How Long Before a Millennial Can Save a Down Payment for a Home? Read More
Let’s be clear. Market watchers aren’t saying that stocks dropped because of last night’s Democratic debates. That’s why we bundled last night’s debate highlights with Fed Chair Jerome Powell’s comments, which were taken as cold water for further rate cuts after only .25 percent drop announced today. On a day
In a press release to MHProNews, Cavco Industries (CVCO) has announced a planned deal to close on August 2, 2019 to acquire “substantially all of the assets and liabilities of Destiny Industries, LLC (“Destiny Homes” or “Destiny”).” The deal is significant in several respects. MHProNews will first provide the
Cavco Industries-Destiny Homes Deal, Background, Details, Analysis Others Lack Read More
In June 2019, Housing and Urban Development (HUD) Secretary Ben Carson was involved in several video interviews that spanned the left-right media spectrum. He did local news, HUD videos, as well as interviews with those who would spotlight his concerns, analysis, and proposed solutions for the affordable housing crisis.
For thousands of manufactured home operations, including independents of various kinds, increasing new HUD Code home sales in a profitable, sustainable, ethical fashion is a routine goal. Among the roadblocks to achieving that are zoning, placement, and related issues. As a recent report, linked below, reflected a growing
Increasing Manufactured Home Sales – Oversight, Regulatory Connections Impacting MHVille Read More
Tonight and tomorrow night on left-of-center CNN news will be the second round of Democratic debates. Yesterday, we spotlighted Senator Elizabeth Warren (MA-D), and pledged to provide a report from the White House, which will be found below, along with a report that features Democratic 2020 hopeful, Rep Tulsi Gabbard
In a conference call today of members of the General Subcommittee of the Manufactured Housing Consensus Committee (MHCC), several developments occurred. One will be the topic of an upcoming and separate report from this one, which may occur after the Manufactured Housing Institute (MHI) provides whatever ‘alert’ or ‘update’ to
In case you missed it (ICYMI), last week there was a significant legal victory that the Modular Home Builders (MHBA) was pleased to have participated in. That original report is linked here and below. It is necessary to grasp the added details that follow. “Historic!” High Court Ruling on
Let’s lay it out like this. On 60 Minutes, billionaire investor Ray Dalio said some things that are pretty savvy. Other things sounded odd coming from a billionaire. We’ll sort that out with facts and analysis, on this evening in our report further below, prior to the mixed results on
The letter that follows from Senator Elizabeth Warren (MA-D) is reproduced from the Iowa City Press Citizen from this link here under fair use guidelines. The Massachusetts maverick senator’s letter will be followed by an analysis and commentary by MHProNews. Senator Warren is a 2020 Democratic presidential nomination hopeful.
A Buffalo developer has filed suit with the Village of Alden in New York, alleging officials interfering with his agreements to sell an aging manufactured home community, causing losses of more than a half-million dollars. The Alden Landings mobile and manufactured home community is a near the village’s
Developer Nick Sinatra Sues City Over Manufactured Home Deal Read More
MHProNews has provided periodic warnings for several years to domestic factory-built housing professionals about the potential impact of their modular, container, and other forms of prefabricated housing targeting the U.S. market. Such Chinese prefab units have already been produced and shipped to the United States, typically for the West
Chinese Flat-Packed Prefabs Target U.S., International Markets – Video, Details Read More
As professionals of all kinds know, every day – each week – is a potentially important and impactful one. But some days and weeks are clearly more memorable than others. In the past week: The modular home industry won a significant court case. The manufactured home industry obtained
Facts are Stubborn Things, Manufactured, Modular Home Professionals Celebrate Victories Read More
