“The Aspiring Home Buyer Profile is an in depth examination of the consumer preferences of non-homeowners, defined as those that rent and those that live with someone else (such as family or friends) without paying rent,” said the National Association of Realtors ™ (NAR). “Data was collected throughout 2017 on …
WASHINGTON – “The number of Americans filing for unemployment benefits unexpectedly fell last week, dropping to its lowest level in nearly 45 years as the labor market tightened further, bolstering expectations of faster wage growth this year,” said Reuters. The Labor Department, in a release to the Daily Business News …
Jobless Claims Unexpectedly Drop, Manufactured Home Industry Impact Read More
Economic data points are commonly cited in quarterly stock report by a publicly traded company in manufactured housing. The economic news has been strong. “Lt. Gov. Tim Griffin (R-AR) writes in the Arkansas Democrat-Gazette that “we haven’t seen this sort of bold tax reform since President Reagan’s tax overhaul in …
Whiplash. Good News, Bad News, Fake News – The Cost$ of Overhyped Hysteria Read More
The stock market is officially in a correction… here’s what usually happens next, will be our feature for today. If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured …
It’s Officially a Correction, What Normally Happens Next, Plus MHMarket UPDate$ Read More
FBN’s Elizabeth “Liz” MacDonald (E-Mac) and Connell McShane discuss the cause behind the volatile week for the markets in today’s market spotlight If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just …
‘No Fun’ – Wild Market Ride Continues, E-Mac Explains Why, plus MH Markets Update$ Read More
Scott Wapner with CNBC recaps his conversation with legendary investor Carl Icahn on the market volatility and where he sees the market going from here. This tremor has or will settle down. Are the fundamentals sound? Is the big one coming? We’ll get different takes on that from Carl Icahn, …
“Not the Big One,” “Major Storm Coming” – Carl Icahn; Plus MH Market Updates Read More
Manufactured housing professionals in or near economically challenged areas in rural or urban America may be interested in learning more about a little known provision in the new tax law that is now in effect. Its “Opportunity Zones.” “ICYMI: Senator Scott Investing in Opportunity Act Included in Tax …
Opportunity Zones Law in Place, Poised to Benefit Some 50,000,000 Americans Read More
The hysteria over the tax bill will be relatively short lived. Says who? National Association of Home Builders (NAHB) CEO Jerry Howard, who says that the “rising tide will raise all boats.” In an interview with right-of-center Fox Business, Howard reacts to record-high construction spending. Howard explains why he …
“All Housing is Local” – NAHB CEO Reacts to U.S. Latest Housing Data Read More
First, let’s note that while the report was dated today, the video shown below is from Tuesday. With that disclosure, the data is fresh, and the video was part of that same report. Even left-of-center CNBC is acknowledging that the Atlanta Federal Reserve’s forecast of a robust 5.4 percent Gross …
Atlanta Fed Release Surprising Economic Forecast – What it Means for Manufactured Housing Read More
“This, in fact, is our new American moment. There has never been a better time to start living the American dream.” – President of the United States (POTUS) Donald J. Trump, was the left-of-center New York Times ‘quotation of the day.’ Quotes, facts, figures, and pictures can be worth a …
“Never a Better Time…Living the American Dream,” plus MH Market Update$ Read More
First, the Daily Business News will share the email that the Consumer Financial Protection Bureau (CFPB) Acting Director, Mick Mulvaney sent out. Then, we will then briefly examine what it could mean to lending, and the manufactured home industry. The CFPB email: ————– From: Mulvaney, Mick (CFPB) <Mick@cfpb.gov>Date: January …
CFPB’s Mulvaney’s Email; What it Says, Mean$ to Lending, & Manufactured Housing Read More
Investopedia said that, “According to the College Board, the average annual tuition at a private university is $31,231 for the 2014-2015 academic year. With room, board and fees included, the total is $42,419. That means, over four years, a typical NYU student will pay $84,212 more than the average for a private-university attendee.” …
America and the Manufactured Housing Industry’s Future – It’s in Their Hands?! Read More
“At ExxonMobil, we plan to invest more than $50 billion over the next five years to expand our business in the United States,” said Chairman and CEO Darren Woods in a post on the company website. Bloomberg notes that this is a significant hike for Exxon over their U.S. spending …
Citing Tax Reform, Billion$ in More U.S. Investments Coming, MH Industry Impact Read More
This post blends several topics – one of them mildly humorous to the left – into one. The immigration debate – which is important to manufactured housing producers, communities, retailers and the nation – took a back seat after a leak alleged that the President Donald J. Trump in a …
“Cannot survive if…weak” Golden Sh-thole – Lighter Side, Plus Tough Talk Respected Read More
Stating the Obvious for Clarity. Manufactured housing professionals are busy doing what they do, day-by-day. People go to work, invest in, or own a business in order to earn a good living. With the affordable housing crisis, the manufactured home (MH) industry ought to be doing far better than …
For those who don’t recall or missed the news some weeks ago in 2017, the day that ABC News’ Brian Ross mistakenly reported ‘news’ about the Mueller probe, his misstatement sent the U.S. stock markets tumbling. Once that Brian Ross/ABC News report was cleared up, markets rose again. Markets and …
DiGenova: “America’s Most Dirty Cop,” Plot to Frame, Plus MHMarket UPdate$ Read More
The “Oracle of Omaha” billionaire whose Berkshire Hathaway owns several manufactured housing (MH) brands, backed Barack Obama for the White House, twice. Before looking at what that Warren Buffett support for Mr. Obama did for Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other Berkshire MH brands, let’s peek at what …
Warren Buffett’s Political Payoff$, THIPS, and Manufactured Housing Read More
Warren Buffett is closely watched by several in the manufactured housing industry, with good reason. His Berkshire Hathaway brands with stakes in manufactured housing include Clayton Homes, 21st Mortgage, Vanderbilt Mortgage, Berkadia, Wells Fargo, Shaw, NAI, and other suppliers, and businesses engaged in the factory-built housing industry. So, a recent …
Warren Buffett’s Role in a “Perfect Storm,” per Oxfam Research Read More
There are reports linked below out of the just concluded Louisville Show that many will want to catch up on. There have been several developments in this past week that underscore the internal challenges that the manufactured housing industry faces. Among what’s ‘new’ is that the truth hiding in plain sight …
Analysts and publicly-trade manufactured housing companies widely agree that growing job creation is a good thing for home sellers. Sources also agree that when energy costs are lower, that tends to be good for manufacturing and business. When consumers pay less for energy, they have more disposable income for other …
