It just follows. When there is more money to spend, people buy more homes. So the latest report by the Federal Reserve indicates more reason why housing is hot, and could get hotter. The rallying stock market and the appreciation in home values is padding American’s pockets, with the net …
Regular manufactured housing Daily Business News market update readers need to keep this in mind — a report we quote isn’t the same as an endorsement. That said, the video discussion on the housing builders’ correction below is meant to spark thought, as to what these market moves could mean …
Homebuilders in Correction Territory, Buy Pullback, or Not? Plus MH Market UPdate$ Read More
Just over 50 years have elapsed since then President Lyndon B Johnson announced the formation of the Kerner Commission. It was formed in response to race riots protesting poor housing, insufficient jobs, educational, and other issues in Detroit and other cities across the country. In the vintage video below, the …
Housing, Jobs, Poverty, Opportunity – Kerner Commission Remix, HUD and Manufactured Homes Read More
Rates have moved closer towards 5 percent. Loan applications are dropping, per the Mortgage Bankers Association (MBA). What was problematic for conventional housing, 2 or 3 decades ago, used to be ‘good news’ for manufactured housing sales. That was then. More recently, the HUD Code manufactured housing …
Mortgage Loans Applications “Tank” Two Looks at Rising Rates, MH Industry Impact? Read More
A major apartment developer says that even as multifamily housing is hitting new highs, but that “an acute crisis” is coming in affordable housing. With the correct approaches, this could be good news for manufactured home professionals, working within their local market(s). The Daily Business News begins with CNBC’s …
Developer Points to Rising Data, But Still “Acute Crisis” – Videos, MH Opportunities Read More
York County, SC has placed the public and regulatory mood towards manufactured home communities back on the radar, if it ever left the stage for industry professionals. “It’s been several instances in my district where developers have attempted to use this threat of a mobile home park in order …
“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 …
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
There’s a race on between the giant 3 As of the tech world. Which will become the first trillion-dollar operation? Analysts project that in about 12 months, Apple, Amazon, and Alphabet – the parent company to Google – could hit the $1 trillion-dollar mark in valuation. As the Daily …
While conventional housing remains hot, the statistics that follow continue to spell “opportunity” for visionary, and long-term thinkers in manufactured housing. “Existing-home sales [EHS] subsided in most of the country in December, but 2017 as a whole edged up 1.1 percent and ended up being the best year for …
Home Sales slide in December, But Rose Overall in 2017, Import for Manufactured Housing Read More
Marcus & Millichap CEO Hessam Nadji was interviewed by Maria Bartiromo on Fox Business, in a discussion on the impact of tax reform legislation on real estate. Nadji notes that there is a lot to unpack from the recently enacted bill. In states with high real estate prices, there are …
Marcus & Millichap CEO Hessam Nadji, Tax Reform Impact on Real Estate Read More
Billions are being freed up from tax reform domestically. Hundreds of billions more poised to come back into the U.S. via repatriation and from foreign capital. Could manufactured homes and PreFab housing witness a new wave of investments? The smart-money, early indications are; yes. Housing is a trillion-dollar-plus annual industry. …
Immediate Expensing, Investing in Manufactured Housing, Developments w/Manufactured Homes Read More
Warren Buffett sounds off today on a range of issues and his holdings, including Clayton, corporate responsibility, his latest deals, tax reform, one of the lenders he has a stake in that does manufactured home loans, and more. The video interview is from Omaha, NE earlier this week. We also …
“The three major U.S. stock indexes ended lower on Wednesday after a choppy trading session as investors worried that China would slow U.S. government bond purchases and that U.S. President Donald Trump would end a key trade agreement,” said right-of-center, Fox Business. That followed a report from left-of-center Bloomberg, that …
China’s Move Roiled the Markets, Impact on Manufactured Housing Markets, Economy? Read More
“Manufactured housing remains, by far, the most affordable non-subsidized housing option.” – Hoya Capital. “As is often the case, government regulation results in consequences that are exactly opposite of the original intent: a higher concentration of power in the hands of fewer. The implications of this are that while the overall housing …
“For over two years, since at least 2015, I’ve heard one common theme: housing supply is tight. It’s difficult to find a home, particularly for first time homebuyers,” said Leonard Kiefer, Deputy Chief Economist at Freddie Mac, in a post on LinkedIn. Kiefer quips, “…if you think housing markets are …
2018 Outlook-Crisis Spell$ Opportunity, Per Leonard Kiefer, Freddie Mac Data Read More
The final S&P CoreLogic Case-Shiller Home Price Indices Report to be issued in 2017 provides a snapshot of the October 2017 data. It also yields and opportunity for manufactured home industry professionals to consider. 4 Top Lines for Manufactured Housing Consideration from S&P CoreLogic Case-Shiller Home Price Indices A) Thousands …
Latest S&P CoreLogic Case-Shiller Home Price Indices, with Manufactured Home Connections Read More
Every professional adult interacts/or is impacted by every Top 10 U.S. based giant periodically. But odds are excellent that manufactured housing operations, and interests like your business, are impacted daily – either directly, or indirectly – by the top 6 mega-corporations shown in the infographic below. There are also many …
The Top 10 American Corporations, Manufactured Homes, and PreFab Housing Read More
Prisons. Prisoners. Manufactured housing. There are already points of intersection. Can – and should – there be more? Can the factory-built housing industry and the penal system each benefit by developing deeper ties with the other? Can that be accomplished profitably? The private and public sides of the U.S prison …
Manufactured Housing, Prison Reform, Production, and Factory Built Housing Opportunitie$ Read More
As promised last Saturday on the Daily Business News, exclusive comments made by university researchers about manufactured homes has been published. Those exclusive comments reveal manufactured homes (MH) means for wealth creation by MH homeowners and buyers. That means that savvy industry marketers, owners, managers, sales agents, now have a …
