When consumers are confident, they tend to buy more. Who says? “The Consumer Confidence Index (CCI) is based on the concept that if consumers are optimistic, they tend to purchase more goods and services,” said Investopedia. “U.S. consumer confidence rebounded in April and new home sales increased more than …
Near All-Time Record, Confidence Means MORE Sales and Business Read More
Earlier this month, the Manufactured Housing Institute produced a handout to their members. One of those was provided to the Daily Business News on MHProNews. It came with a question. “Has former MHI Chairman, Nathan Smith violated federal law? Isn’t that what MHI’s FAQ #6 implies, given SSK’s past …
The Dow rose nearly 200 points today on news that began to leak out late last night that Canada and the U.S. had come to terms on a revision to the old – and much maligned – North American Free Trade Agreement (NAFTA). The Manufactured Housing Composite Value rose too. …
Some 72 percent of Americans believe that misinformation from media is common today, said a recent Axios poll. Distortions of reality impacts manufactured housing in a variety of ways. The light of truth is a useful disinfectant to the darkness of false information or harmful fiction. As was …
“Results vs. Resistance,” Cutting Fog with Facts for MHVille Read More
“Proper Planning Prevents Poor Performance.” – Oxford Studies Course calls these the 5 Ps of success. But let’s be analytical. Planning is only the start. Planning must be flexible, as Charlie “Tremendous” Jones said in his book, “Life is Tremendous.” Flexible planning must be followed up by good …
Proper Planning, Manufactured Housing, Marketing and Sales, Monday Morning Meeting Read More
The photo above is a reminder of a pivotal time in the development of the manufactured housing industry’s history. It’s a reminder that manufactured homes (MH), like affordable housing in general, are bi-partisan issues. Actually, manufactured homes and affordable housing ought to be nonpartisan issues. But we should know after …
“We love working with companies that make a world positive impact on everyday lives, said Andrew Beebe, managing director of Obvious Ventures, as part of a statement to MHProNews. “Plant Prefab is focused on dramatically improving efficiencies and environmental responsibility in the $330 billion market for new homes in the …
Manufactured home industry marketers and others use social media, including Facebook, on a routine basis. Facebook has been drawing fire for much of this year, and was catching heat prior to 2018 too. An update on the news surrounding Facebook – including the latest allegations and data breach impacting …
Facebook’s Mark Zuckerberg’s “Frankenstein Moment,” Plus MH Market Updates Read More
The Ford-Kavanaugh hearing wasn’t the only place in Washington, D.C. that charges of sexual misconduct were being publicly discussed yesterday. As was noted by the Daily Business News on MHProNews, the Federal Housing Finance Agency (FHFA), featured a pile-on by members of both parties aimed at Mel Watt. But …
FHFA Hearing Before Congress Raises GSEs’ Failure on Manufactured Home Chattel Financing Read More
“What is wrong is that we don’t ask what is right.” – G.K. Chesterton. “The only thing necessary for the triumph of evil is that good men do nothing.” – Edmund Burke. CNN Money is mute this morning on the topic of the Dr. Christine Blasey Ford’s emotional …
It’s about all of the issues that the Supreme Court of the United States (SCOTUS) deals with, including matters of civil and property rights, which matter to businesses. Some Background “Christine Blasey Ford earned a master’s degree in epidemiology from the Stanford,” said the New York Times. “During her academic career, Ford has …
Civil and Property Rights, SOCTUS, and Ford v Kavanaugh at Spirited Hearing Read More
Millions of Americans have been tuned into the Ford-Kavanaugh hearing this afternoon, which at this time are still ongoing. The Mel Watt/FHFA hearing will be covered another time too. Markets closed up, and NAFTA vs. HAFTA was one of those hot topics. That will be our focus for this evening. …
NAFTA Replaced by HAFTA? Plus, Manufactured Housing Market Updates Read More
It’s a place that the residents of dozens of mobile and manufactured housing dwellers have called their home for years. At least one resident says they have been there for over 5 decades. Residents of troubled Northern Housing Community at 281 Grand Ave. in Schofield, near Wausau, WI …
City Orders Manufactured Home Community Closure, Residents Only Have Weeks Read More
“Mel Watt, who runs the Federal Housing Finance Agency, of sexual” misconduct. “Watt’s accuser, Simone Grimes, requested to testify at the hearing” today, per Roll Call. Manufactured housing is in the background of this hearing, and MHProNews plans a follow up on this topic. There are charges of corruption, waste, …
Mel Watt – FHFA and MH Connected Hearing Today to Feature Sexual Misconduct Allegations Read More
The Fed hiked rates today, and the markets slid. There are always multiple factors, which will be outlined in our headline bullets below. But the focus this evening will be a video of the 4 ways that the Fed rate hikes impact you and your customers. If you’re new, already …
4 Ways Fed Rate Hike Impacts You, Your Customers – Plus MH Market Updates Read More
Arguably at the heart of the affordable housing crisis is an access to lending for the most affordable homes built in America, manufactured homes. “The Enterprises” of Fannie Mae and Freddie Mac are mandated by the Housing and Economic Recovery Act (HERA 2008) to support manufactured home lending under …
Warren Buffett, Charlie Munger, Fannie Mae, Freddie Mac, Berkshire Hathaway Backstory Read More
The report that follows below from the House Financial Services Committee (FSC) to the Daily Business News on MHProNews underscores several issues that have been spotlighted previously. Among them is a question that was raised by the Urban Institute last January. Why are so few manufactured homes being built and …
“Today’s groundbreaking numbers are demonstrative of what I’m hearing everyday from small business owners – that business is booming. As the tax and regulatory landscape changed, so did small business expectations and plans,” said National Federation of Independent Business (NFIB) President and CEO Juanita D. Duggan. “We’re now seeing the tangible results …
Record Shattered on SBO, Yields Growth, Profits, More Says Juanita Duggan’s Group Read More
Markets were mixed today, for reasons found in the bullets from CNN and Fox, further below. But one of the developments worth noting was President Donald J. Trump signing a trade deal with South Korean President Moon Jae-in. It means more jobs in the U.S., and that can lead to …
POTUS Trump ‘Keeps Another Trade Promise,’ Plus Manufactured Housing Market UPdates Read More
“You are entitled to your own opinion, but you are not entitled to your own facts.” – Daniel Patrick Moynihan, per Wikipedia. Erlanger, KY is across the Ohio River and near Cincinnati, Ohio. Fort Mitchell, KY is nearby too. So, it is no surprise when a successful business professional and …
