One of the most serious issues in America is the affordable housing crisis. It should be noted that affordable housing is a non-partisan issue. People most commonly live in apartments, other forms of rental housing, and other types of homes. Those hundreds of millions may be Democrats, Republicans, …
Everyone will be buzzing about Apple being the first to hit a trillion dollar market cap. Berkshire Hathaway holds a growing stake in Apple. How does Berkshire, or other publicly traded firms compare? See the infographic below, our feature for this evening. If you’re new, already hooked on our new …
In the background of numerous mainstream media news stories are the underlying cause(s) of the headlined issue. A recent example of this is a CBS News report on the stunning rise of what some are calling “vehicular homelessness.” Even with economic improvements, more people are trying to figure …
“Vehicular Homelessness” Rising, Land Use, and Manufactured Housing Policies Read More
Numerous manufactured home professionals don’t realize that the per HMDA data, the #3 lender in manufac5ured housing is Well Fargo, which Warren Buffett’s Berkshire Hathaway has a large stake in. The fines they were hit with today are our featured spotlight tonight. If you’re new, already hooked on our new …
#3 MH Lender Hit by $2 Billion in Fines, Plus MH Market Updates Read More
It’s an older property, that the photos reveal includes several true pre-HUD Code mobile homes (MH). Ryan Kirk bought Airbase Estates in Montgomery, AL about 9 months ago. By ‘doing what’s right’ he’s making residents happy, looks to have a handsome ROI, and has attracted positive local media coverage. …
There appears to be considerable confusion about a variety of facts regarding modern manufactured homes, as well as the manufactured housing industry. Why? Let’s tee up this topic, before diving into this relevant research, and today’s timely fact check. Accurate Information Matters When reading mainstream media reports, or research being …
Manufactured Housing Industry Facts, It’s About More, Per Economic Expert’s Insight Read More
The latest data reveals that worker pay has hit the highest level of increase in a decade. What does that mean for factories, and manufactured home sellers? The Daily Business News will take a look… Business media on both sides of the left-right political divide are saying surprisingly similar …
Factories Fighting, and Manufactured Housing Sellers Benefit Read More
“Rumors of U.S.-China trade talks was enough to stir soybean prices higher,” per Farm Futures. As thousands of MHPros know, much of the manufactured home industry revolves around rural sales. Among those are to farmers and their workers. So, while there’s chatter both for-and-against the Trump Administration tariffs strategy, there also …
Signs China’s Weakening in Trade Tiff with U.S.? Plus MH Market Updates Read More
With almost 2 months since the combination of Skyline and Champion – producers of manufactured home, modular housing, and other forms of factory-crafted construction – has occurred, it’s an apt time to take a snapshot of the new #2 in HUD Code home industry. As with several other publicly-traded …
There are factory-builders, brokers and sellers who keenly understand that every natural disaster spells opportunities in disguise. While the execution was widely seen and reported as tragically flawed, the Haitian crisis attracted friend-of-the-Clintons Warren Buffett led Berkshire Hathaway’s Clayton Homes into the island’s relief effort. Millions were made …
Wheat and chaff. Whatever your politics or bias, take the best information, from a variety of sources, sifting out what’s irrelevant or less relevant. With the midterms less than 100 days out, the intensity of activity – along with red-herring, emotional distractions – will likely grow. Professionals and investors should …
“The mortgage industry and Washington were rocked Friday by news that Federal Housing Finance Agency Director [FHFA] Mel Watt has been accused by an agency employee of sexual harassment,” wrote Rob Blackwell for AmericanBanker. As many manufactured home industry veterans know, the FHFA was established as the receiver for the Government …
Mel Watt Charged With Sexual Harassment – Manufactured Housing Industry Repercussions? Read More
“Every Man owes some of his time to the upbuilding of the profession to which he belongs.” – Theodore Roosevelt per AZquotes. If memory serves, it was about 1988 when Colorado’s manufactured housing association used that quote in an article about this writer’s operation in Purcell, OK. The …
What’s Keeping the Manufactured Housing Industry from Attaining Is Full Potential? Years before the Urban Institute asked last January, “Manufactured homes could ease the affordable housing crisis. So why are so few being made?” MHProNews and MHLivingNews explored that very topic, day by day, story by story, video by video, …
“Blackstone Group LP has made its first bet on manufactured housing by buying a portfolio of communities sold by Tricon Capital Group Inc., according to people with knowledge of the matter,” said Bloomberg earlier today. As the Daily Business News on MHProNews reported earlier this month, Tricon sold …
There will be a special report later this evening on the entry of the Blackstone Group (BX) into the manufactured home community space. They’ve been added to our evening closing ticker recap. But tonight’s feature will be on the economy. Despite concerns over tariffs, trade and the latest faux gaff, …
It’s no secret that FANG – Facebook, Apple, Netflix and Google – has drawn a growing amount of monopolistic concerns in the last 2 years. It’s also no secret that big tech has faced push-back from the right, which says that FANG often has shown bias for progressives, and animus …
Facebook Faded Fast, Biggest Plunge in History, Plus MH Market Updates Read More
The Florida Manufactured Housing Association (FMHA) spotlighted Adam Putnam earlier this year, after his tour of a HUD Code manufactured home and modular housing factory in Plant City, FL. Ag Commissioner, Gubernatorial Candidate Adam Putnam Tours Palm Harbor Plant Adam Putnam’s connected political action committee (PAC), called ‘Florida Grown,’ …
The Business Journal noted that Equity LifeStyle Properties (ELS) has 409 properties in the U.S. and Canada. The Real Deal touted the ELS Chairman Sam Zell angle, in announcing the $50.35 million dollar purchase price. None of the mainstream media sources bothered to show that the monthly site …
Let’s note from the top that this is just one step in the challenging road of trade negotiations with various economic players globally. The talk from China is still tough. But Mexico’s new president is hinting that there may be a deal. With that backdrop, what was announced today from …
Earnings Beats, Trade Deal Announced with EU, Stocks Rise, Plus MH Market Updates Read More
