According to the latest news release that the National Association of Realtors (NAR) provided directly to MHProNews, existing housing inventory is up. Prices are continuing to rise. Interest rates are falling. Yet, existing housing sales dipped too. The NAR press release follows in Part I and the MHProNews analysis segment in Part II will explore some takeaways for the diminished manufactured housing industry (a.k.a.: MHVille). The macro and manufactured housing specific market report are in Part III.
Part I
Existing-Home Sales Dipped 2.5% in August
Key Highlights
- Existing-home sales retreated 2.5% in August to a seasonally adjusted annual rate of 3.86 million. Sales slid 4.2% from one year ago.
- The median existing-home sales price rose 3.1% from August 2023 to $416,700, the 14th consecutive month of year-over-year price increases.
- The inventory of unsold existing homes improved by 0.7% from the previous month to 1.35 million at the end of August, or the equivalent of 4.2 months’ supply at the current monthly sales pace.
WASHINGTON (September 19, 2024) – Existing-home sales fell in August, according to the National Association of Realtors®. Three out of four major U.S. regions posted sales declines while the Midwest registered no change. Year-over-year, sales slipped in three regions but remained stable in the Northeast.
Total existing-home sales[1] – completed transactions that include single-family homes, townhomes, condominiums and co-ops – descended 2.5% from July to a seasonally adjusted annual rate of 3.86 million in August. Year-over-year, sales retracted 4.2% (down from 4.03 million in August 2023).
“Home sales were disappointing again in August, but the recent development of lower mortgage rates coupled with increasing inventory is a powerful combination that will provide the environment for sales to move higher in future months,” said NAR Chief Economist Lawrence Yun. “The home-buying process, from the initial search to getting the house keys, typically takes several months.”
Total housing inventory[2] registered at the end of August was 1.35 million units, up 0.7% from July and 22.7% from one year ago (1.1 million). Unsold inventory sits at a 4.2-month supply at the current sales pace, up from 4.1 months in July and 3.3 months in August 2023.
“The rise in inventory – and, more technically, the accompanying months’ supply – implies home buyers are in a much-improved position to find the right home and at more favorable prices,” Yun added. “However, in areas where supply remains limited, like many markets in the Northeast, sellers still appear to hold the upper hand.”
The median existing-home price[3] for all housing types in August was $416,700, up 3.1% from one year ago ($404,200). All four U.S. regions posted price increases.
REALTORS® Confidence Index
According to the monthly REALTORS® Confidence Index, properties typically remained on the market for 26 days in August, up from 24 days in July and 20 days in August 2023.
First-time buyers were responsible for 26% of sales in August – matching the all-time low last seen in November 2021 – and down from 29% in both July 2024 and August 2023. NAR’s 2023 Profile of Home Buyers and Sellers – released in November 2023[4] – found that the annual share of first-time buyers was 32%.
All-cash sales accounted for 26% of transactions in August, down from 27% in both July and one year ago.
Individual investors or second-home buyers, who make up many cash sales, purchased 19% of homes in August, down from 13% in July 2024 and 16% in August 2023.
Distressed sales[5] – foreclosures and short sales – represented 1% of sales in August, unchanged from last month and the previous year.
Mortgage Rates
According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.2% as of September 12. That’s down from 6.35% one week ago and 7.18% one year ago.
Single-family and Condo/Co-op Sales
Single-family home sales decreased 2.8% to a seasonally adjusted annual rate of 3.48 million in August, down 3.3% from the previous year. The median existing single-family home price was $422,100 in August, up 2.9% from August 2023.
Existing condominium and co-op sales in August were identical to July at a seasonally adjusted annual rate of 380,000 units, down 11.6% from one year ago (430,000 units). The median existing condo price was $366,500 in August, up 3.5% from the prior year ($354,200).
Regional Breakdown
Existing-home sales in the Northeast in August faded 2.0% from July to an annual rate of 480,000, which was identical to August 2023. The median price in the Northeast was $503,200, up 7.7% from last year.
In the Midwest, existing-home sales were unchanged in August at an annual rate of 920,000, down 5.2% from the previous year. The median price in the Midwest was $315,400, up 3.8% from August 2023.
Existing-home sales in the South waned 3.9% from July to an annual rate of 1.73 million in August, down 6.0% from one year before. The median price in the South was $367,000, up 1.6% from one year earlier.
In the West, existing-home sales declined 2.7% in August to an annual rate of 730,000, down 1.4% from a year ago. The median price in the West was $622,500, up 2.2% from August 2023.
About the National Association of Realtors®
The National Association of Realtors® is America’s largest trade association, representing 1.5 million members involved in all aspects of the residential and commercial real estate industries. The term Realtor® is a registered collective membership mark that identifies a real estate professional who is a member of the National Association of Realtors® and subscribes to its strict Code of Ethics.
# # #
For local information, please contact the local association of Realtors® for data from local multiple listing services (MLS). Local MLS data is the most accurate source of sales and price information in specific areas, although there may be differences in reporting methodology.
NOTE: NAR’s Pending Home Sales Index for August is scheduled for release on September 26, and Existing-Home Sales for September will be released on October 23. Release times are 10 a.m. Eastern.
Information about NAR is available at nar.realtor. This and other news releases are posted in the newsroom at nar.realtor/newsroom. Statistical data in this release, as well as other tables and surveys, are posted in the “Research and Statistics” tab.
[1] Existing-home sales, which include single-family, townhomes, condominiums and co-ops, are based on transaction closings from Multiple Listing Services. Changes in sales trends outside of MLSs are not captured in the monthly series. NAR benchmarks home sales periodically using other sources to assess overall home sales trends, including sales not reported by MLSs.
Existing-home sales, based on closings, differ from the U.S. Census Bureau’s series on new single-family home sales, which are based on contracts or the acceptance of a deposit. Because of these differences, it is not uncommon for each series to move in different directions in the same month. In addition, existing-home sales, which account for more than 90% of total home sales, are based on a much larger data sample – about 40% of multiple listing service data each month – and typically are not subject to large prior-month revisions.
The annual rate for a particular month represents what the total number of actual sales for a year would be if the relative pace for that month were maintained for 12 consecutive months. Seasonally adjusted annual rates are used in reporting monthly data to factor out seasonal variations in resale activity. For example, home sales volume is normally higher in the summer than in the winter, primarily because of differences in the weather and family buying patterns. However, seasonal factors cannot compensate for abnormal weather patterns.
Single-family data collection began monthly in 1968, while condo data collection began quarterly in 1981; the series were combined in 1999 when monthly collection of condo data began. Prior to this period, single-family homes accounted for more than nine out of 10 purchases. Historic comparisons for total home sales prior to 1999 are based on monthly single-family sales, combined with the corresponding quarterly sales rate for condos.
[2] Total inventory and month’s supply data are available back through 1999, while single-family inventory and month’s supply are available back to 1982 (prior to 1999, single-family sales accounted for more than 90% of transactions and condos were measured only on a quarterly basis).
[3] The median price is where half sold for more and half sold for less; medians are more typical of market conditions than average prices, which are skewed higher by a relatively small share of upper-end transactions. The only valid comparisons for median prices are with the same period a year earlier due to seasonality in buying patterns. Month-to-month comparisons do not compensate for seasonal changes, especially for the timing of family buying patterns. Changes in the composition of sales can distort median price data. Year-ago median and mean prices sometimes are revised in an automated process if additional data is received.
The national median condo/co-op price often is higher than the median single-family home price because condos are concentrated in higher-cost housing markets. However, in a given area, single-family homes typically sell for more than condos as seen in NAR’s quarterly metro area price reports.
[4] Survey results represent owner-occupants and differ from separately reported monthly findings from NAR’s REALTORS® Confidence Index, which include all types of buyers. The annual study only represents primary residence purchases, and does not include investor and vacation home buyers. Results include both new and existing homes.
[5] Distressed sales (foreclosures and short sales), days on market, first-time buyers, all-cash transactions and investors are from a monthly survey for the NAR’s REALTORS® Confidence Index, posted at nar.realtor. ###
Part II – Additional Information with More MHProNews Analysis and Commentary
In no particular order of importance are the following facts, insights, and expert viewpoints from MHVille’s runaway industry leader in news-tips-views, MHProNews.
1) According to emails from sources deemed generally reliable, Equity LifeStyle Properties (ELS) Chief Operating Office (COO) Patrick Waite, who is also on the Manufactured Housing Institute (MHI) Executive Committee, the report linked here was of keen interest to Waite and others at ELS and/or MHI.
2) MHProNews merely requested that NAR start providing their news releases directly to MHProNews via email rather than our monitoring their website or other sources for the release of this monthly data.
3) The Manufactured Housing Association for Regulatory Reform (MHARR) releases a more succinct snapshot of manufactured home industry monthly production and top state shipment data based upon the source that generates under contract the information deemed official used by the U.S. Department of Housing and Urban Development (HUD). That monthly report is generally published in the first week of the month and is published on or shortly after the 3rd day of a given month, normally depending on if the 3rd day of the month falls on a weekday or weekend. The monthly production information is archived at this link here, is free and publicly available, and their latest report is linked below. It is often about 300 words or less, or about a 2-to-3-minute read.
4) The Manufactured Housing Institute (MHI) used to provide via email limited but free information about manufactured housing production trends. Part of one of those blasts-from-the-past is preserved by MHProNews in the screen capture with added commentary added by MHProNews as shown. More recently, MHI does not provide a free monthly report with hard data.
Fast forward from MHI emails that had information like the above to the screen capture from MHI’s website this (9.20.2024) morning. It is now about 2 weeks since industry data was made available. Yet, unlike NAR, MHARR, the National Association of Home Builders (NAHB) or the Recreational Vehicle Industry Association (RVIA), MHI provides no hard information or no information at all on production that is visible here. Someone apparently has to be an MHI member to learn what the industry’s production is in the current MHI model. But doesn’t that fail to promote the industry, as NAR, NAHB, RVIA, and MHARR all do publicly and for free? Hold that sharp comparison in mind.
5) It was noted above that Patrick Waite, ELS COO and MHI executive committee member, per sources, were keenly interested in the second linked item below.
6) MHProNews published the data for July, the most recent publicly available, on September 5, 2024 (see second linked item). That and some related information can be accessed via the articles linked below. But the question must be asked: why doesn’t MHI provide similar hard data to the public that NAR, NAHB, RVIA and MHARR do? Every profession has key performance indicators (KPIs). In manufactured housing, production would be one of the KPIs.
7) The facts are sobering. MHARR routinely says that the industry is producing its best product ever. Nevertheless, manufactured housing is performing at a fraction of the pace that was achieved during the late 1990s. Two federal laws meant by Congress to support more affordable manufactured housing have been enacted since then. Those would be the Duty to Serve (DTS) Manufactured Housing, part of the Housing and Economic Recovery Act of 2008 (HERA), and the Manufactured Housing Improvement Act of 2000 (a.k.a.: MHIA, MHIA 2000, 2000 Reform Law, 2000 Reform Act). MHI and MHARR have at various times made statements on paper and/or digitally that neither of those two laws are fully and properly implemented.
8) Almost 24 years have elapsed since the 2000 Reform Law was enacted. 16 years have elapsed since the DTS manufactured housing was enacted. In sports or business, if a team’s leadership does not deliver the results that they claim to want (victories, improvement, growth, success) leadership is routinely changed. Why is it that MHI’s board keeps the staff leaders in place when the KPIs of performance or properly implementation of existing laws is not occurring, as they themselves have admitted? The recently revised MHVille and macro market graphics segment follows. ##
PS: At 8:08 AM, WMAL – broadcast out of the Washington, D.C. area but available online or via smart devices like Amazon’s Echo (a.k.a.: Alexa) had Vince Coglianese Larry O’Connor Patrice Onwuka talking about early voting which started in person in Virginia this morning. Coglianese said that the lines are out to door to the street at the location he is at. The 2024 voting is underway. Coglianese said Trump and GOP signs are ‘everywhere.’ Time will tell but make your plan to vote early and vote for a change away from the policies of the last 3.5 years that delivered multi-year records for higher inflation, lower housing production, record illegal immigration, rising crime, and an erosion of free speech rights since Trump peacefully left office in January 20, 2021.
Part III
Our Daily Business News on MHProNews stock market recap which features our business-daily at-a-glance update of over 2 dozen manufactured housing industry stocks.
NOTICE: following the TPG deal with CAPREIT, TPG has been added to our tracked stocks list below.
This segment of the Daily Business News on MHProNews is the recap of yesterday evening’s market report at the closing bell, so that investors can see-at-glance the type of topics may have influenced other investors. Our format includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines for a more balanced report.
The macro market moves graphics below provide context and comparisons for those invested in or tracking manufactured housing connected equities. Meaning, you can see ‘at a glance’ how manufactured housing connected firms do compared to other segments of the broader equities market.
- In minutes a day, readers can get a good sense of significant or major events while keeping up with the trends that may be impacting manufactured housing connected investing.
Headlines from left-of-center CNN Business – 9.19.2024
- Dow, S&P 500 surge to record highs after Federal Reserve’s supersized rate cut
- Olive Garden, once a holdout on third-party apps, is partnering with Uber to deliver food.
- Olive Garden strikes a deal with Uber to deliver its food
- Home prices continued to climb last month, rising 3.1% to a new record high of $416,700.
- Mortgage rates drop to lowest since early February 2023 after Fed’s jumbo interest rate cut
- Rupert Murdoch, center, and his wife Elena Zhukova Murdoch arrive at the Second Judicial District Court in Reno, Nev., Monday Sept. 16, 2024.
- News organizations petition Nevada Supreme Court to open up secret Murdoch succession case
- Kamala Harris speaks during a discussion hosted by the National Association of Black Journalists in Philadelphia on September 17, 2024.
- Kamala Harris is doing more press interviews, if you look closely
- Republican presidential nominee, former U.S. President Donald Trump speaks to reporters in the spin room after debating Democratic presidential nominee, U.S. Vice President Kamala Harris, at Pennsylvania Convention Center on September 10, 2024 in Philadelphia, Pennsylvania.
- Trump faces a $2 billion decision over his social media empire
- Striking workers and their supporters picket outside the Boeing manufacturing facility in Renton, Washington, on September 16, 2024.
- The Boeing strike has already cost the company and its workers $572 million – and the pace of losses is climbing
- If the Fed continues to cut interest rates over the next year, that will push other interest rates down and save you money on your borrowing costs and reduce what you can earn on your savings.
- How to make the Fed rate cut work for you
- Hong Kong investigators say Cathay Pacific’s A350 engine defect could cause ‘extensive’ damage
- Jay Powell is arguably the least openly political official in the federal government.
- The Fed’s rate cut had nothing to do with politics. That’s not holding politicians back
- Elon Musk boosts fake Trump rally bomb threat and false claims about the election
- Amazon workers are getting free Prime memberships
- Key takeaways from the Fed’s decision to deliver a jumbo-sized interest rate cut
- We still don’t know how the Lebanon pager attack happened. Here’s what we do know about our own electronic devices
- Boeing is reducing executive pay and furloughing nonunion workers during the strike
- Who made Hezbollah’s exploding devices? Questions swirl around a mysterious supply chain stretching from Taiwan to Hungary
- Alaska Airlines completes $1.9 billion acquisition of Hawaiian
- MrBeast’s production company and Amazon are being sued for alleged harassment of contestants on his reality show
- Hershey is turning its candy into energy drinks and protein powders with C4
- The Fed’s rate cuts could have unintended consequences for the housing market
- This bank says ‘millions’ of people could be targeted by AI voice-cloning scams
- Google wins challenge against $1.7 billion EU competition fine
- ‘The party is over’ as Tupperware files for bankruptcy after years of troubles
Headlines from right-of-center Newsmax – 9.19.2024
- Secret Service Probing Musk’s Assassination Post
- The Secret Service has opened “enforcement proceedings” into Elon Musk’s assassination post – a joke, he said – earlier this week about President Joe Biden and Vice President Kamala Harris. [Full Story]
- Election ’24: Race for the White House
- Trump Asks If Harris Will Resign Over Iran Spying
- Rasmussen: Trump Maintains 2-Point Lead Over Harris
- Trump Cancels Appearance With Polish President in Pa.
- Uncommitted Movement ‘Cannot Endorse’ Harris
- Emerson Poll: Trump Leads in 5 Swing States, Harris in 2
- NY Times Poll: Taylor Swift’s Favorability Wanting
- New York Times: Trump, Harris Tied at 47%
- Dem Legal Activists Object to GOP Election Integrity Lawsuits
- CAIR Poll: Muslims Backing Jill Stein in Blow to VP Harris
- VP Harris, Oprah Will Virtually Campaign for Black Votes
- Scientific American Makes 2nd-Ever Presidential Endorsement
- Newsmax TV
- Smith: Trump ‘Toughest Political Leader’ in My Lifetime
- Ernst: Where Was AOC Umbrage for Oct. 7?
- Nurse: Ryan Routh Spoke of Killing World Leaders
- Jason Miller: Trump Shifted GOP to Working Class
- Corey Lewandowski: Harris Has No Policies of Her Own
- Matviichuk: Putin ‘Biggest Child Kidnapper in the World’
- Alford: Media Will Blame GOP for Shutdown
- Newsfront
- Emergency Spending Bill Passed to Cover VA Shortfall
- The Senate on Thursday passed a $3 billion emergency spending bill to cover the shortfall in Department of Veterans Affairs funding for disability and education benefits, reported The Hill…. [Full Story]
- Navy to Apologize to Alaska Natives for 1800s Attacks
- The U.S. Navy this weekend will issue the first of its formal [Full Story]
- Hezbollah Leader: Pager Attack Crossed ‘All Red Lines’
- Deadly Israeli attacks that blew up Hezbollah radios and pagers [Full Story]
- Related
- Taiwan Security Bodies ‘Paying Great Attention’ to Hezbollah Beeper Explosions
- Israel Proposes ‘Safe Passage Deal’ to End War in Gaza
- Israel Preparing for War With Hezbollah
- UN Demands Israel Withdraw From Occupied Palestinian Territories
- US Says No Change to Mideast Military Posture Amid Attacks in Lebanon
- Titan Exec: Sub Malfunctioned Just Prior to Titanic Dive
- The scientific director for the company that owned the Titan [Full Story]
- Judge Delays Hunter Biden Sentencing
- The judge presiding over Hunter Biden’s sentencing on three felony [Full Story]
- EU Sending $178M in Frozen Russian Assets to Ukraine
- The sum of 160 million euros (around $178 million U.S.) from the [Full Story]
- Related
- US Wants More Clarity From Ukraine on Possible Use of Long-Range Weapons
- US General: Russian Military Getting Bigger, Stronger
- Russia Advances in Kursk Region, Commander Says
- Have Fun Reflecting on American History With 100 Mint US Stamps
- GOP Rep. Luna: Politics ‘Doesn’t Feel Safe’ Any Longer
- Anna Paulina Luna, R-Fla., says the increased number of threats [Full Story]
- C. GOP Gov. Candidate Being Pressed to Withdraw
- North Carolina GOP Lt. Gov. Mark Robinson is being urged by staff [Full Story]
- ‘Hair Fertilizer’ Grows Crazy Amounts of Hair
- SPONSOR: Bald spots? Hair thinning? Try this tonight [Full Story]
- FTC: Social Media Users Have Scant Control Over Data
- Social media companies collect, share and process vast troves of [Full Story]
- Alaska Man Threatened to Kill 6 Supreme Court Justices
- A 76-year-old Alaska man has been arrested and charged with [Full Story]
- Invest in Patriotic Innovation – 3-Year 32,481% Revenue Growth
- Trump Asks If Harris Will Resign Over Iran Spying
- Donald Trump asked if Vice President Kamala Harris will “resign in [Full Story]
- Related
- FBI: Iran Hackers Tried to Hawk Stolen Trump Info to Biden Campaign
- Secret Service Opens Probe of Musk’s Assassination Post
- The Secret Service has opened “enforcement proceedings” into Elon [Full Story]
- Sticky Beans Can Help Reduce the Chance of Dementia
- Experts: Space Force Too Small to Keep Pace With Threats
- Threats from China and Russia to America’s space infrastructure and [Full Story] |
- Senate to Prepare Stopgap Bill to Avert Shutdown
- The U.S. Senate will prepare temporary spending legislation that [Full Story]
- Here’s How Much You Should Pay for Affordable Gutter Guards
- Trump Arizona Rally Attendees Report Eye Infections
- Multiple attendees at a recent Arizona rally for former President [Full Story]
- Air Force’s DEI Efforts Gut Ranks of White Male Officers
- Ongoing diversity, equity, and inclusion efforts by the Air Force [Full Story]
- Lopez: Deport Migrant Gang Members
- Greg Lopez, R-Colo., introduced legislation to detain and deport [Full Story]
- Senate GOP Reveals Plans for Taking on China
- Senate Republicans plan on cracking down on China if they win the [Full Story]
- Report: Cuomo Undersold Role in COVID Report
- Emails reveal that former New York Gov. Andrew Cuomo drastically [Full Story]
- US General: Russian Military Getting Bigger, Stronger
- Russia’s military has grown in both size and strength since invading [Full Story]
- Russian Lawmaker: Strikes on Us Lead to Nuclear War
- A senior Russian lawmaker Thursday said Ukrainian strikes on Russia [Full Story]
- Matviichuk to Newsmax: Putin Is the ‘Biggest Child Kidnapper in the World’
- Ukrainian human rights lawyer Oleksandra Matviichuk condemned Russian [Full Story]
- New York Times: Trump, Harris Tied at 47%
- Former President Donald Trump and Vice President Kamala Harris are [Full Story]
- GOP Seeks Equal Secret Service Protection for Trump
- House Republicans are seeking to fast-track legislation that would [Full Story]
- Jimmy Carter, Nearly 100, to Get Award From Hospice
- Less than two weeks before his 100th birthday, former President Jimmy [Full Story]
- FBI Thwarts Major Infrastructure Hacking Scheme by China
- The FBI announced Wednesday it disrupted a major operation by Chinese [Full Story]
- Obamacare Leaves US Healthcare Ranking Dead Last
- Under more than 10 years of Obamacare, Americans now have the worst [Full Story]
- Pope Allows Devotion to Virgin Mary in Medjugorje
- Pope Francis has approved a Catholic spiritual devotion centered in [Full Story]
- US Keeps Missile System in Philippines as Tensions Rise
- The United States has no immediate plans to withdraw a mid-range [Full Story]
- Lawmakers Race to Cover $3B VA Shortfall
- Lawmakers are working to pass emergency legislation to cover a nearly [Full Story]
- GOP Sen. Marshall Demands ABC Release Comms With Harris
- Roger Marshall, R-Kan., is demanding ABC News release any [Full Story]
- Trump ‘Save America’ Tumblers Red Edition, Claim Yours Here
- Finance
- Titan Exec: Sub Malfunctioned Just Prior to Titanic Dive
- The scientific director for the company that owned the Titan submersible that imploded last year while on its way to the Titanic wreckage, Steven Ross, testified Thursday that the sub had malfunctioned just prior to the fatal dive…. [Full Story]
- Is Social Security Enough to Survive on in Retirement?
- Compassionate & Conservative
- How Bad Has Harris Been on Foreign Policy?
- Macquarie Unit to Pay $80M to Settle SEC Charges
- More Finance
- Health
- How to Break Out of a ‘Functional Freeze’
- Many of us have experienced what social media now calls a “functional freeze.” That’s the physical, emotional and mental state where you are unable to carry out tasks ─ even simple ones ─ because your body feels like it is frozen. This temporary paralysis can be caused by…… [Full Story]
- Daughter: ‘Painful Days’ With Bruce Willis’ Dementia
- Compassionate & Conservative
- Genetic Data Links Wuhan Market Animals to COVID
- Diabetes Med Metformin Cuts Risk for Long COVID
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- NOTE 1: Chart above of manufactured housing connected equities includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry finance lender.
- NOTE 2: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
- NOTE 3: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of the stock from the days when it was a publicly traded firm. Thus, there is still periodic activity on DVLY.
- Note 4: some recent or related reports to the REITs, stocks, and other equities named above follow in the reports linked below.
- Note 5: Gifts of Sight and Insights, What’s in Store for 2024? Including 2023 Year End Reflections, manufactured homes, manufactured housing, mobile homes, MHVille, USA Snapshots, Manufactured housing industry year in review 2023.
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2023 …Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
· LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
· AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.
2022 was a tough year for many stocks. Unfortunately, that pattern held true for manufactured home industry (MHVille) connected stocks too. See the facts, linked above.
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Disclosure. MHProNews holds no positions in the stocks in this report.
· For expert manufactured housing business development or other manufactured housing professional services, click here.
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- Note 1: MHVille means manufactured housing industry, MHVille also means artificially smaller manufactured housing (MH) industry,
- Note 2: Manufactured housing, building, factories, retail, dealers, manufactured home, communities, passive mobile home park investing, suppliers, brokers, finance, financial services, macro-markets, manufactured housing stocks, Manufactured Home Communities Real Estate Investment Trusts, MHC REITs.
- Note 3:
APO, Apollo Global Management, BAM, Brookfield Asset Management, BLK, BlackRock, BRK-A, Berkshire Hathaway, BX, Blackstone, CDPYF, Canadian Apartment Properties Real Estate Investment Trust, CIGI, Colliers International Group Inc, CG, The Carlyle Group, CSGP, CoStar Group, CVCO, Cavco Industries, ECNCF, ECN Capital Group, ELS, Equity LifeStyle Properties, FGF, FG Financial Group, FG Communities, KEY, KeyCorp, KMMPF, Killam Apartment REITs, LCII, LCI Industries, LEGH, Legacy Housing, LPX, Louisiana Pacific Corporation, MHC-UN.TO, Flagship Communities Real Estate Investment Trust (REIT), MHPC, Manufactured Housing Properties, MMI, Marcus and Millichap, NOBH, Nobility Homes, PATK, Patrick Industries, SKY, Skyline Champion, SUI, Sun Communities, UMH, UMH Properties, UFPI, UFP Industries.
That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports linked herein. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)
By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards, honors and numerous public recognitions for his achievements in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. Kovach is a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHLivingNews.com and MHProNews. MHProNews is ranked as the runaway most read trade media in modern manufactured housing history. Manufactured Home Pro News (MHProNews) is the documented #1 largest and most read source for manufactured housing industry News Tips and Views Pros Can Use, per Webalizer 2.23 (on 5.22.2024) and known data. MHProNews gets millions of visits a year and has significantly more pageviews per visit than CNN or Fox per SimilarWeb’s stats for those two sites (but in fairness CNN and Fox sites get more much more total traffic). Statistics – Data – Infographics – Research – Facts – Evidence – Trends – and manufactured housing industry expert Analysis make us and keep us the runaway most read in MHVille trade media. This article reflects the LLC’s and/or the writer’s editorial views and may or may not reflect the views of sponsors or supporters.
