News Reports: Housing news updates and reports for Manufactured Home and Modular Housing Industry professionals and investors. Business – daily fact checks, market reports, and analysis.
For over a year, there were increasing questions about what Chairman Warren Buffett was up to with the $128 billion dollar cash pile hoarded by Berkshire Hathaway a year ago. Where would that cash be deployed? In 2020, the aging Buffett-led Berkshire began to shed airline stocks as the pandemic […]
Does God work miracles? Roughly a couple of billion globally say ‘yes’ in response to that question. Christmas itself commemorates the miracle of a virgin birth of a Savior. For over two billion souls globally, which includes the vast majority of Americans, that Savior – Jesus – was and remains
“The police officers who first responded to the scene of the explosion in downtown Nashville on Christmas morning “saved lives” with their quick actions, the city’s police chief said, as federal investigators continue to search for clues. Six officers initially responded to a report of shots fired Friday when they
The nation and our world need miracles and hope. So, Christmas could not have come at a better time. The entire Christmas message is filled with amazing events, great hope, and miracles to those who in their era seemed to have no power or hope at all. Jews, Muslims –
Jesus is the Reason for the Christmas Season – This Christmas, Give the Gift of Liberty Read More
Before sending out an emailed Christmas card, the Manufactured Housing Institute (MHI) sent out a message that included its routine self-praise. Here is what MHI said in part. “MHI has been working closely with Congress and the Administration to ensure the interests of the manufactured housing industry are considered in
Roughly half the population believes the election was stolen. Without a dependable rule of law there are insufficient guarantees for individuals and businesses. Only upholding the law and our God-given, constitutionally protected rights are the safeguards of liberty. Without liberty, free speech, freedom of religion, and all other rights to
Affordability and Lack of Supply Put a Dent in New Home Sales, said NAHB Now in a report filed under “Economics” on December 23, 2020. The Clayton Homes portion of our report will be the featured focus, found further below. That noted, per the NAHB, the following per their analysis
Attorney and manufactured home community investor Rob Coldren, Mike Cirillo, and Pacific Current Partners are back in the news. To grasp the issues at play that apparently contribute to the charge that caused Coldren to be named as one of the “scariest people” in Orange County per OC Weekly, first
Publicly traded manufactured home companies routinely continue to tout their post-COVID19 pandemic performance, as they are wont to do. But as MHProNews and our MHLivingNews sister-site have uniquely documented in recent years, there is a pattern of evidence – a case that often provided by public companies make directly or
Eddie Carlisle, Chief Financial Officer (CFO) of Flagship Communities Real Estate Investment Trust (REIT) made the following information available via a Canadian press release. Flagship Communities (MHU:C) is traded on the Toronto Exchange (TSX). Their release and required disclosures will be followed by additional information, MHProNews analysis and commentary.
“Patrick M. Byrne is an American entrepreneur who was the CEO of Overstock.com. In 1999, Byrne launched Overstock, after leading two smaller companies, including one owned by Warren Buffett’s Berkshire Hathaway,” says Wikipedia. Byrne is at the center of a recent controversy involving the purported betrayal of President Trump by
UMH Properties (NYSE:UMH) is a publicly traded firm which Wikipedia says was “founded in 1968 by Eugene W. Landy.[2] ” “In 2006, the company changed its name from United Mobile Homes, Inc. to UMH Properties, Inc.” On December 17 and 18th, UMH announced 3 promotions through various media releases. Elements
3 Management Changes Announced at UMH Properties, UMH Stock Plunges, News & Analysis Read More
If the 36-page illustrated and footnoted research document by Peter Navarro, an ally of President Donald J. Trump, is taken seriously, it presents a picture of serious levels of voter fraud on behalf of the Biden-Harris ticket. That research and others indicates that months before that voter fraud occurred, the
After direct engagement about a troubling report about manufactured housing, a real estate publisher that will be identified in an upcoming report deleted the following comment from their website on Friday 12.18.2020. There are more corrections that same publisher made, some as bad or possibly worse, as will
As thousands of manufactured housing professionals, as well as savvy investors know, zoning and placement issues are among the routinely cited practical causes for years of industry underperformance in terms of new manufactured home sales and thus new HUD Code production. The irony of that is that federal law was
According to the HUD website, “The purpose of an Alternate Construction (AC) letter is to permit manufacturers to build innovative manufactured (mobile) homes with the new technology. … Manufacturers must obtain permission from the Department prior to construction and shipment of homes built under the AC program.” HUD also defines the office in question issuing new AC letters as follows. “The Office of Manufactured Housing Programs (OMHP)
Yahoo Finance, citing TipRanks report of a ‘strong buy’ recommendation on UMH Properties in their report dated Wednesday, December 16, 2020, 6:54 PM EST, said the following. Their take will be followed by an alternative review from Seeking Alpha, also dated 12.16.2020. UMH Properties (NYSE:UMH) We’ll start in the real estate
An advanced copy of a legal research document has been provided to MHProNews. The report is some two dozen pages in length and is heavily footnoted. The document has clear implications for affordable housing seekers, current manufactured home residents, as well as for manufactured housing professionals, investors, public officials, and
There are now several antitrust suits that are at underway or pending with respect to the tech giants. Some are federal, some are state-based. Regular readers of MHProNews and/or our MHLivingNews sister-site are aware of these developments, because we track and report on it for several reasons. They include, but
This viral video from Grosse Pointe Shores MI Councilman and businessman Matthew J. Seely is arguably among the best legal summaries of the state of the 2020 election following the Electoral College action on Monday. As a news-analysis, let’s note that every part of that video is insightful. MHProNews has
