At the start of this ABC News video is this apt phrase. Leaving Paradise (CA), there is “hell on earth.” Mother Jones yesterday called “the Camp Fire, the deadliest and most destructive wildfire in California history.” As 2018 winds down, hurricanes, tornadoes and California wild fires are among the …
The Daily Business News has kept an eye on Sears this week for several reasons. There are the lessons that can be learned from Sears for MHVille. Another is Sear’s historic ties to prefab housing. Third is the insider question. Sear’s will be our focus this evening, on a day …
Bankrupt Sears Gets Last Minute Bid, Plus MH Market Updates Read More
As our recent report linked further below reminded MHProNews readers, Sears produced the precursor of the prefab home, and so much more. So what doomed Sears? An ex-Sears official in the CBS video below said, “bad leaders.” Of the 2,300 Sears locations 8 years ago, CBS says that only …
To be effective as a trade publisher that continues to attract new readers to the manufactured home industry, one must curate topics and content from an array of sources. This evening, our feature is a fascinating infographic that aims to allay your fears of market crashes. That will be our …
7 Facts Can Free You from Bear Market Fears, Plus MH Market Updates Read More
It’s still been a rough month on Wall Street, but today’s record move up on the Dow helped put a post-Christmas smile on the face of investors. Most manufactured home stocks rose. Some broader market commentary is our feature this evening. If you’re new, already hooked on our new …
In the United States, Hyundai is best known for their cars and other vehicles. That’s still a big part of the South Korean firm’s business, but they have a diversified presence in several industries, with “engineering” and industrialization in construction as common elements. Hyundai Engineering said Wednesday that they’ve …
Introducing Hyundai Engineering Projects, Donates Disaster-Resistant Modular Homes Read More
Disney Springs in Orlando, FL has been discovered openly using offensive, inaccurate terminology deemed prejudicial towards factory-builders and the over 22 million Americans in the U.S. – plus others in Canada – who live in pre-HUD Code mobile homes, modular housing, and HUD Code manufactured homes. Near the Disney Springs …
It’s the best economy in 20 years, says Heritage Foundation chief economist Steve Moore, who disagrees with President Trump on one point. The Federal Reserve’s policies are not the only problem slamming the markets, but it is a serious one. On a day when all tracked manufactured home stocks declined, …
Part of Warren Buffett and Berkshire Hathaway’s “strategic moat” is arguably how access – or limiting of access – to capital impacts the manufactured housing industry. So, while some point to Buffett’s Berkshire benefit from the Tax Cuts and Jobs Act (TCJA), what is underreported in MHVille is …
Capital Pouring In, What Warren Buffett May Not Want MHVille Professionals to Know Read More
December 21st is literally the shortest, darkest day of 2018. From this point on, the daylight get about 2 minutes longer a day until the summer solstice on June 21, 2019. So, on the worst week on the Dow in about a decade, we’ll look at Grinch-like data-point that should …
Darkest, Shortest Day 2018, Markets Dump, Apt Rentals Bump, Housing Slump$ Read More
“This year was one for the record books, with manufacturers’ average optimism for 2018 hitting an all-time high,” said NAM President and CEO Jay Timmons, in a release to the Daily Business News on MHProNews. “Empowered by tax reform and regulatory certainty, manufacturers are keeping our promise to …
Optimism Among U.S. Manufacturers at Record High Heading into 2019 Read More
There will be a brief commentary below on the snapshot of the manufactured housing market this evening. That will be followed by Jim Cramer’s – the Mad Money show host – commentary on left-of-center business and investment focused news site, CNBC. Cramer has been a vocal critic of the Fed’s …
There is a measure of joy among tens of thousands of workers in 20 states about the coming rise in minimum wage that will occur in 2019. But wages have been rising naturally at the national level at the highest pace in years. How much a worker makes can, …
Palm Lake Cooperative at 7272 42nd Way North in West Palm Beach, Florida, has sold the community to MHC Palm Lake LLC. That’s an affiliate of MH Communities, the manufactured home investment arm of Chicago-based Equity LifeStyle Properties (ELS), per the Business Journal and a local court filing. …
Sam Zell’s ELS Scores Again, Details Others Missed Read More
For years, MHLivingNews and MHProNews have made the case that federal and state housing budgets could be stretched by a proper understanding and use of modern manufactured homes. MHProNews periodically spotlights this vexing issue because it represents both opportunity and a tragedy that is debatably avoidable in many …
“It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we’d be remiss not to mention that insider sales have been known to precede tough periods for a business. So we’ll take a look at whether insiders have been buying …
We are periodically asked for an executive summary of the issues that have caused the purported manipulation of the most affordable kind of permanent housing in America. What follows is that executive summary, and it will include two complimentary threads. Read the text. Then look at the illustrated cartoon-style …
Sum it up in a word, uncertainty. But the details are insightful. There are about 3.3 (+/-) percent of the population, or nearly 11 million Americans who are millionaires, per Spectrum n 2018. In a new survey conducted for CNBC, there are nearly 11 million millionaires, Robert Frank …
Millionaires Survey IDs Top Threats to Their Wealth Read More
New HUD Code manufactured home factories are gaining traction, as manufactured and modular housing shipments have been recovering. Skyline-Champion’s (SKY) soon-to-open production center in Leesville, LA is our focus for this evening’s market focus. Scroll down beyond the Manufactured Housing Composite Value to see that report. If you’re new, …
Cavco Industries, Inc. (NASDAQ:CVCO) hit a new 52-week low during mid-day trading on Friday. The stock traded as low as $137.71, said Modern Readers. “Several brokerages have recently issued reports on CVCO. BidaskClub downgraded Cavco Industries from a “sell” rating to a “strong sell” rating in a research …
