The Duty to Serve (DTS) program for manufactured housing industry retailers, communities and potential home buyers took what may be a problematic twist in news revealed, according to a memo obtained by the Daily Business News. The memo to Donald H. Layton, Chief Executive Officer, Freddie Mac – one […]
Regular manufactured housing Daily Business News market update readers need to keep this in mind — a report we quote isn’t the same as an endorsement. That said, the video discussion on the housing builders’ correction below is meant to spark thought, as to what these market moves could mean
Homebuilders in Correction Territory, Buy Pullback, or Not? Plus MH Market UPdate$ Read More
Shopoff Realty Investments has announced the sale of Brookside Mobile Home Park, in El Monte, California. The 72.5 million deal follows the purchase as a joint venture 11 months ago that paid $52.7 million for the property. Shopoff purchased the land-lease community in April 2017 together with Ladder Capital, a New York based
$19.8 Million Gross 1 Year Increase as Manufactured Home Community Sells for $72+ Million Read More
Who does the better job selling? A smart person, or the simpleton? As with many situations, that depends on the details. An example will clarify. When the wise are using their wisdom to objectively test, analyze, refine and improve, those may lead to superior results. But let’s imagine
“If you are not catching flak, you are not over the target” – is an Air Force maxim. Its reverse is equally revealing – “If you‘re catching flak, you‘re over the target.” – and it means you are likely near the mark or are scoring direct hits. There has
As the Daily Business News noted in a recent report, corporate officers have responsibilities to shareholders. Association leaders have a similar responsibility to their members. The question of monopoly – an anti-trust law issue – is one being raised across the political spectrum. From voices as different as
While not everyone has their anticipated costs down on what the pending tariffs announced by the White House will be on a new manufactured home, one HUD Code builder provided costs, and another factory building pro gave the Daily Business News other related facts. It is important to note
Experts Break Down Anticipated Cost$ of Tariffs on New Manufactured Homes Read More
The final report tonight will also be on steel, and will contain expert insights from manufactured housing producers. Commerce Secretary Wilbur Ross is responding in tonight’s video clip to the concerns coming often from Republican sources, as a number of Democrats are happy about the tariff announcements. That will be
MHPros Sound off on Steel Deal, Wilbur Ross Reacts to Controversy, Plus MH Market UPdate$ Read More
From Justice.gov, is “CHAPTER 5 : ANTITRUST ISSUES IN THE TYING AND BUNDLING OF INTELLECTUAL PROPERTY RIGHTS.” “MHI has given their members full access to the information [Ducker Worldwide ‘New Class of Homes’]. This is not government produced research and MHI would not be obligated to share this
When you seriously engage the public on the topic of manufactured homes, perhaps especially when it involves tornado safety, you better be thick skinned. The following are examples of real comments, from real people… “Bull-sh-t!” “Mother-f-cker!” “Liar!” …are just some of the hundreds of posted feedback received –
Steel and other metals are part of every manufactured home. It would be unlikely that someone would find a long list of HUD Code manufactured home builders getting excited about the first word on tariffs. Publicly traded companies involved in manufactured housing watched their stocks lose ground in most
Announced Tariff’s on Chinese Steel, Aluminum Spark Stock Sell-Off, MH Industry Outlook? Read More
It’s a threat to this industry, and the majority of Americans, unlike any the U.S. has experienced before. Who says? ‘The Nation,’ a self-described progressive publication in a series of reports on monopolies that specifically mentions manufactured housing, and Warren Buffett’s brands. But as other reports linked reflect, this
To say that President Donald J. Trump’s announcement of tariffs have roiled voices across the political spectrum would be an understatement, which will be part of our market focus tonight. There’s more to this than may initially meet the eye, as an expert explain. If you’re new, already hooked on
Washington, D.C. The economy and job growth are strong, says Adam DeSanctis, with the National Association of Realtors ® (NAR) communications team. So why did contract signings for new homes take a “startling” dip in January? There’s bad news for many Americans, potentially hopeful news for opportunities for the
“Starting” Dip in Home Sales, New Crisis Says Housing Experts Read More
Champion Home Builders celebrated on February 6, 2018 , its 58th year of operating a production line in York, Nebraska, says the York News Times. “Lunch was catered in and birthday cupcakes were enjoyed by all 163 employees currently on staff. A commemorative t-shirt was also distributed,” said their
York’s Champion Production Center Celebrates 58th Birthday Read More
On 1.26.2018, Skyline Corporation (SKY) manufactured homes stock closed at 23.30. Today, about 1 month later, the stock closed at 21.39. But that doesn’t tell the full tale of what’s trending with investors in the stock, which will be our focus report for this evening. If you’re new, already
Skyline and Champion 30 Day Snapshot, Plus Manufactured Housing Market UPdate$ Read More
Holliday Fenoglio Fowler LP (HFFLP) announced the arrangement of “a programmatic joint venture between a real estate investment trust and an institutional investor for the acquisition of approximately $400 million of core industrial properties in the Western U.S.,” the company said Tuesday, per Law 360. HFF has managed
HFFLP Arranges $400M JV in US Properties, NAM Update$ Read More
”Robbie Antonio, an avid art collector and founder and CEO of Revolution Precrafted—a start-up for prefabricated designer homes—is the mastermind behind the US$1.1 billion project, which he calls “the world’s first live-in art park,” says part of a release to the Daily Business News from the company. “The recently
Robbie’s Revolution Precrafted’s $1.1 Billion-Dollar PreFab Project Read More
The pre-announced move in Warren Buffett’s annual letter of Berkshire Hathaway deeper into the housing market was already realized today, as Cobb Business Journal announced that “Silverton Mortgage Specialists Inc., with three locations in Cobb County, announced that it has signed a definitive agreement to join the Berkshire Hathaway family
“The Flathead County Board of Adjustment will discuss project on March 6,” says the Flathead Beacon. “On March 6, the Flathead County Board of Adjustment will consider a conditional-use permit that would allow for a manufactured-home park with 122 rental spaces in Evergreen,” per the their report. “Evergreen
122 Site Manufactured-Home Community Proposed Read More
