President Barack Obama had two years to get the Democratic Party agenda through during his first term in the Oval Office. While there was much of the usual back-and-forth, Democrats largely got their way. But with President Trump, objectively speaking, the charge of “Russian Collusion” has hung over his presidency …
The Daily Business News on MHProNews will take step back in time to January 19, 2019, when Andrea Riquier with MarketWatch reported on a noteworthy trend. This will tee up the first of a periodic series of reports on what Harvard’s Eric Belsky called the ‘life blood’ of housing, financing. …
Wells, Chase, Citi Mortgage Lending Plunges, Plus Manufactured Home Stock Updates Read More
Unless you are in Maine or Massachusetts, taxes have to be filed, or an extension and any payments due must be submitted by mail or electronically today. As WalletHub put it, “No one likes Tax Day, except for accountants and Uncle Sam.” They go one to say that, “We’ve spent …
Tax Day Infographic, Fascinating Facts At A Glance Read More
President Donald J. Trump and the Federal Communications Commission (FCC) Chairman Ajit Pai made several announcements today about 5G. On a day when the markets largely rose, as did much of the manufactured home industry’s tracked stocks, our focus will be the importance and looming economic impact of 5G. …
Announcements Speeding 5G, Plus Manufactured Home Stock Updates Read More
Most manufactured home tracked stocks rose, while the major markets mostly slid today. Properly understood and promoted, HUD Code manufactured housing out to do well in good times or bad, because there is always a need for affordable homes. That said, our feature this evening is another follow up for …
Thwarting what is natural has its costs. Manipulation of people, their healthy aspirations toward ownership, and their legitimate choices are arguably at or near the root causes the unfolding tragedies spotlighted by KOMO’s viral report, Seattle is Dying. Let’s set aside for a few moments whatever Warren Buffett led Berkshire …
Market movers are many, and political or social headwinds are among them. Some don’t realize that there have been HUD Code manufactured homes built south of the border for years. Others don’t realize the significant effect that immigration – legal or illegal – has on the cost of labor, burdens …
Want a Robust Economy? Fix the Southern Immigration Crisis, Plus MH Market Updates Read More
Happy talk is easier to listen to than serious or sobering words. There are ‘hawks’ that continue to sound warnings about China. Steve Bannon says he is one of them. It is a message not often heard in the U.S., and this one was carried by left-of-center CNBC. While …
Federal Reserve Chairman Jerome Powell announced what several observers are referring to as a ‘cave,’ giving into what investors and President Donald J. Trump has been pushing for over the course of several months. On a day when the broader market slid, and more losers than gainers on the manufactured …
“Does Beto O’Rourke have a shot at being a big contender in 2020?” asked Fox News, which finds its answer from MSNBC which says Francis “Beto” O’Rourke raised a stunning $6.1 million in 24 hours, per the candidate’s campaign. If so, that tops the haul by Senator Bernie Sanders. On …
There’s plenty of reasons why manufactured housing ought to be performing much better than it has been. The report featured this evening is about a survey by BankRate. Properly understood, their data could be added to the list of reasons why much more sales growth is possible. On a day …
Study – Top Reasons People Can’t Buy a House? Plus, Manufactured Housing Stock Updates Read More
Two sets of media releases to the Daily Business News on MHProNews reflects the following data, that should be of keen interest to all segments of the manufactured housing industry. First, the following. “Manufacturing in the United States is on the rise, and manufacturers are confident about the future. Empowered …
Record Numbers of Manufacturers Are Optimistic, Per New Reports Read More
The markets slid today as most investors declined bite on the word that China and the U.S. may be edging closer to a trade deal. Some insist the trade deal is coming soon, while others say it’s a slow dance and could take significantly longer. But tonight’s focus in on …
In 2018, Statista says that there were some 127.59 million households in the United States. In their analysis of what several Democrats are now referring to as the “aspirational” Green New Deal (GND), estimates that the housing cost component of the plan could range from $1.6 trillion to $4.2 …
There has been scuttlebutt among talking heads in media about a looming recession for months. People with the ‘right’ credentials are asked, and they soberly express their opinions – which they are entitled to – as to why they think that a recession is looming. MHProNews has pushed back against that …
Housing Economists Projections from NAHB, CoreLogic, Nationwide, and MHVille Read More
As AOC is getting blowback from members of her own party, and pushback from the GOP or others. So it’s interesting to note that today, Federal Reserve Chairman Jerome Powell weighed in on some Green New Deal connected notions too. On a mixed day on the markets, Powell’s take will …
If you’ve been buying fuel lately, you’ve noticed that prices have been rising in recent weeks. The tragedy of Venezuela is part of that backstory. Make no mistake. As one of the top proven oil reserves in the world, that Latin American nation’s political and economic upheaval are impacting the …
As the headline news from CNN and Fox Business reflect, there’s a flurry of items that contributed to the stimuli for investors on a largely down broader markets day, and a mixed day for manufactured home stocks and equities. But something to watch are those voices that keep trying …
China Trade, Fed, Mixed Signals on Meh Day, Plus Manufactured Home Market Updates Read More
Love him. Hate him. Agree, disagree or be ‘meh’ about his policies and politics. Ignore the scandals attached to his wife and himself if you wish, because hundreds of thousands of donors clearly have. Senator Bernie Sanders, a self-proclaimed socialistic independent from Vermont has announced he is running for the …
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 …
