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.
From the Manufactured Housing Communities of AZ (MHCA) this ‘urgent’ notice. Urgent! Apache Junction City Council Meeting Tomorrow Evening, December 17th at 7:00 p.m. 300 E Superstition Blvd. Apache Junction, AZ 85119 As MHCA previously reported, the Apache Junction City Council passed an ordinance limiting the age of manufactured homes […]
“Was Clayton Homes sold for a fair price, or for a song?” So ends an article we’ll review further below by Jennifer Reingold when a senior writer for Fast Company. If you read what she had to say, and had been a stockholder in Clayton Homes, you might be among
“I too believe in the [manufactured home] industry and what it can be. But it’s being choked out by one business trying to have a monopoly on it.” That was from a source based in the Knoxville metro. Along with it came several pieces of information that confirmed prior concerns,
Berkshire Brand Manufactured Housing News Tip; Collusion-Coverup by FHFA-GSEs Revealed?! Read More
“My mind’s made up. Don’t confuse me with facts.” – Earl Landgrebe. One and one is two. ABC are the first three letters of the English alphabet. But in news, there are a wide array of reporting and positions in and out of manufactured housing. When you see the
From the NCJRS.gov website, which is part of the Department of Justice (DOJ) Office of Justice Programs, one can read the following. “Razzle Dazzle is a gambling game in which the player has essentially no chance of winning without the operator letting him win…it may be possible to press
For those who may not follow this business nightly report, Senate Minority Leader Chuck Schumer (NY-D) has been a supporter of President Donald J. Trump in his tough stance on China. When this Phase 1 Trade Deal was announced, Senator Schumer accused the president of selling out. Details on that
This report will involve two broad aspects. First the essence of two new press releases from UMH Properties which will be followed by a related MHProNews analysis. Contact, links or other standard disclosure information are omitted in what follows from UMH, but the words are otherwise as provided in their
UMH Properties Announces Management Team Addition, Promotion – Details and Analysis Read More
MHProNews has previously noted that a significant part of the supply chain for a number of manufactured housing producers involves Chinese production. There are pros and cons. Wall Street rallied again on the news, despite the fact that this same ‘almost done’ word has emerged off and on for months
Former Los Angeles Mayor Antonio Villaraigosa is a Democrat who was the first Hispanic mayor of California’s largest city. He said on November 8, 2019 that “Lack of housing, not enough supportive services, too many people mentally ill, drug addiction, opioids: all of those things play a part,” in an
Markets rose modestly today on a day when an array of topics could qualify for a fine focus report. Our choice for this evening will be the interview on CNBC of the Securities and Exchange Commission co-directors of their Division of Enforcement, Stephanie Avakian and Steven Peikin. It could prove
You don’t take flak unless you are over the target. That’s a piece of military folklore. Flak, diversionary strategies and tactical retreats by those involved in allegations of the corruption of the U.S. affordable manufactured home market has increased. As MHProNews has sharpened our focus on the causes and
On a day when the markets were muted and down awaiting several developments on trade and other politically or macro-economic sensitive issues, we’ll look this evening at a promotion by one of the top ten states in manufactured housing industry shipments. Beyond our left-right news summary bullets, today’s market graphics,
Public policies have consequences on both sides of the U.S.-Canadian border. MHProNews recently spoke with a reasonably well to do Canadian couple wintering in Florida. Among the points they shared was that the high cost of housing there was increasingly a problem, notably so in several cities. That problem has
Often those factory-builders who construct only modular housing will draw a bright-line distinction between themselves and manufactured homes. In doing so, they may co-mingle dated an inaccurate terminology with manufactured housing, including ‘trailer house’ or ‘mobile homes,’ while making it clear that they are none of the three. Perhaps it
There are similarities and differences between what Bernie Madoff did that landed him in federal prison for a multi-billion-dollar scheme and what Warren Buffett and his cronies are allegedly doing to affordable housing in general and manufactured housing specifically. One similarity is both billionaires for a time were successful in
The recent Federal Housing Finance Administration (FHFA) listening session in Washington, D.C. and their aftermath have added wrinkles to a growing body of evidence of corrupt and harmful practices purportedly involving federal officials, Fannie Mae, Freddie Mac, certain business and related nonprofits. To oversimplify, aspects of federal laws that aimed
This first video reminds everyone that factually accurate reporting occurs across the left-right divide. On December 7, 1941 is recalled as a “day that will live in infamy,” when the Japanese pulled a surprise attack on Pearl Harbor. While there is much more that could be said, the bottom line
The latest job creation and unemployment data is in. The reports reflect the best job numbers in 50 years, per the Labor Department of left-of-center CNBC’s analysis of their data. What that should mean for manufactured housing will be our focus for this evening. As a just for funnies side
Securities and Exchange Commission (SEC) law and regulations are a specialized arena of legal practice. A simple Google search demonstrates that point. The SEC is tasked with regulating publicly traded companies. It was the SEC that issued a subpoena to former Cavco Industries (CVCO) Chairman and CEO Joe Stegmayer and
According to Realtor.com, “Home sales will drop, the housing shortage could become the worst in U.S. history, and home values will shrink in some cities,” said CNBC. That 2020 forecast from Realtor.com is from an organization with one of the largest databases of housing statistics available. As troubling as that
