A manufactured home community (MHC) professional told MHProNews that the single largest competitor for our industry is subsidized housing. Ponder that statement. That and the recent Daily Business News on MHProNews report linked here and further below about ‘appalling’ are apt backgrounds for the following stern warning from the U.S. […]
HUD Warns PHAs, Manufactured Housing Pros – Take Note Read More
In a press release to the Daily Business News on MHProNews, is the following from the New York State Attorney General’s (NY AG) office. The release contains the details of the suspect arrested and charged with swindling over a $1 million dollars from would-be buyers of factory-built homes. The NY
The headline question, according to a manufactured home industry attorney familiar with the issues, says what attorneys often do. “It depends.” Under the headline, “RM LAW Announces Class Action Lawsuit Against Cavco Industries, Inc.” one reads the following. “RM LAW, P.C. is a national shareholder litigation firm. RM LAW, P.C.
The Daily Business News on MHProNews recently referenced the Sam Zell quote, “If Everyone is Going Left, Look Right.” Paul Harvey, on his famous radio show, might have said this about “the rest of the story.” A prior version of that quote by Zell had left and right reversed. Sometimes, we utter
The data that follows is according to a February 11, 2019 report from the Manufactured Housing Institute (MHI) delivered by email to their members. The Arlington, VA based trade group issued it with their normal copyright notice, but as their attorneys know, there are specific circumstances when copyrighted materials can
In New York State, numerous incidents connected to manufactured home communities and manufactured homes has been making news. But not in a positive way. Recently, there were several dozen cases of rent-to-own or ‘contract-for-title’ transactions by community operators that caught the ire of the N.Y. State Attorney General’s office.
Manufactured Home Community Residents on ‘Rent Strike,’ Republican Lawmaker Calls Foul Read More
There are potential issues that ought to have been raised in the 2020 Census that experts have told the Daily Business News on MHProNews should have been included. That will be a topic of a planned upcoming report. But today’s U.S. Census topic impacts every affordable housing or manufactured home
The 2020 Census, Supreme Court, Manufactured Housing, and You Read More
“In the business world, the rear-view mirror is always clearer than the windshield.“ – Warren Buffett, per Industry Week. That’s Buffett quote is one that our publisher agrees on 100 percent. MHProNews’ publisher was a multiple award-winning history major, in high school and college. So, there are days like today that he likes to have
Presidents Day Facts and Video Quiz Read More
In states such as Colorado or Texas, one can find Clayton Homes owned manufactured home retail stores which achieve significant sales volume and/or higher earnings for their general managers (GM). One such Clayton retail GM – per sources with the Knoxville, TN metro based firm – earns over a million
Clayton Retail GM Earns Big Bucks, Insider Insights for Manufactured Housing Read More
Let’s be clear. The publishers of MHProNews are political independents. We believe that affordable housing is a non-partisan issue. A new report stresses the notion that Democratic and Republican lawmakers can and are working across the partisan political divide to promote manufactured homes as an important part of the solution
The left-of-center New York Times dubbed Patrick Caddell as the self-taught pollster who helped propel an obscure Georgia peanut farmer – Jimmy Carter – onto the White House. Right-of-center Townhall said, “Carter Pollster Turned MAGA Supporter” Pat Caddell “Has Passed Away.” As MHProNews examines the emerging politics of the 2020
Patrick Caddell, pollster to Former President Jimmy Carter, Dies at 68 Read More
Billionaire Warren Buffett speaks about “value investing,” plus only investing in concepts that can be easily understood, and make sense. Buffett believes in well managed firms. Those concepts from the 3rd richest man on earth are proven to work just fine. Others methods he deploys are arguably less savory.
Rebecca Luyre at the Hartford Courant reported the cancellation of a HUD Section 8 contract for affordable housing at aging buildings named Barbour Gardens in that city in Connecticut. “Protests over the dismal living conditions at a North End apartment complex have cut short the federal government’s $750,000-a-year contract with
In the internet age, the amount of data that is available for a savvy manufactured home marketer is quite amazing. This chart from Visual Capitalist and Title Max grabs data points that you could gather on your own, given some research. To see this chart full size, click
There are tens of millions of Americans too young to recall that at the end of the Clinton Administration, that the U.S. had a budget surplus. That was a bipartisan effort, with the Republican Party (GOP), led by then House Speaker Newt Gingrich achieving a grand bargain of entitlement and
America’s $22 Trillion Debt, Markets Soar, Plus Manufactured Housing Stock Updates Read More
Legacy Housing Corporation (NASDAQ: LEGH) has announced a new program for manufactured home park and community owners across America. The new Legacy bulk leasing program allows for parks and community owners to lease brand new singlewide and doublewide homes from our Eatonton, Georgia factory at an 8-year lease term.
It is important to be fair and balanced. This video has had some 1.6 million views since it was first posted on YouTube on Mar 3, 2017, almost 2 years ago. To be precise, there have been 1,603,008 views as of the time of this Daily Business News on
Warren Buffett “Oracle of Omaha” HBO Documentary Berkshire Hathaway #Advexon Video Read More
Manufactured housing tracked stocks closed mixed, as did the broader markets today. Retail and other headline news found further below drove some declines. Among the more interesting topics in recent days has been the managing of expectations by mainstream news sources – such as NBC News – that for much
Never underestimate the power of money in Washington, D. C., or in the districts and states that send legislators to Capitol Hill. Legislators or other public officials can be influenced about matters that moneyed interests care about in a variety of ways, as an examination of the power of money
“Thank you. And before we begin, please be advised that comments made during this conference call by management will contain forward-looking statements under the provisions of the Private Securities Litigation Reform Act of 1995, including statements of expectations or assumptions about Cavco’s financial and operational performance, revenues, earnings per share,
