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.
The Daily Signal has thoughtfully made available to MHProNews the following exclusive report on regulations and what that publication says is the “hidden tax” and impact of regulations on the average American family caused by Biden era federal policies. The title to their exclusive is: “Here’s How Much Regulations Cost …
Legal and illegal immigration has become a hot button topic in nations other than the United States of America (USA). The ‘exploitation narrative’ is also a transnational topic, as this reply from Bing AI indicates. “The concept of exploitation is a prominent topic in political discourse and policy debates…The concept …
“Legacy’s consumer finance business closed more loans in October of 2023 than any other month in the company’s history,” said Duncan Bates, President and CEO of Legacy Housing. Chief Financial Officer (CFO) Jeff Fiedelman said: “Legacy delivered an 18.6% return on shareholders’ equity over the last 12 months.” As MHProNews …
There is a mix of good news and troubling news that has emerged from Skyline Champion’s (SKY) earnings call and related ‘official’ corporate information. Several remarks in the following earnings call transcript for Skyline Champion’s most recent quarterly results ought to be a good reason to look more carefully at …
After years of fact checks and reviews by MHProNews, it has become apparent that all publicly traded “investor relations” presentations (a.k.a. “pitch decks”) can provide information potentially useful for a variety of insights and purposes. That will be demonstrated in this report on Cavco Industries (CVCO). Cavco is currently led …
Oddly missing from the Manufactured Housing Institute (MHI) email to industry members and others dated 11.22.2023 are manufactured housing industry statistics. Those details are not given freely to the public by MHI, nor are they provided to manufactured housing industry members by MHI without cost on their new or prior …
According to a recent report by left-leaning NBC News, based largely on data from the National Association of Realtors (NAR), the following 5 bullets and charts ‘sums up’ the U.S. housing market. NBC described the housing market as being in a “deep slump.” Indicators of that slump? Falling home sales. …
“You should write your obituary and then try to figure out how to live up to it,” said Warren Buffett, the chairman and CEO of Berkshire Hathaway (BRK) in a recent letter to his shareholders obtained by MHProNews. As informed industry professionals know, Berkshire Hathaway is the parent company to …
Grab a snack, a favorite beverage, and dive into this detailed discussion on how ‘The Winners Are the Workers’ per sources that span the left-right divide, and as explored by this back and forth discussion with Bing AI led by inquiries by this writer for MHProNews. Using the balanced or …
“We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain inalienable rights, among these are life, liberty, and the pursuit of happiness, that to secure these rights governments are instituted among men.” That’s the words of Thomas Jefferson, …
When a ‘survey’ is a ‘sentiments’ survey, as the Texas Real Estate Research Center (TRERC) told MHProNews earlier in this year, it is entirely possible for TRERC and the Texas Manufactured Housing Association (TMHA) to be accurate about their survey results, but nevertheless be inaccurate or even misleading, intentionally or …
MHProNews will set the table for the headline Congressional letter and related analysis by a series of “stating the obvious” remarks, which may prove to be useful to you and others in your circle. If we the people don’t vote at every legitimate opportunity we have, then those we would …
If an unofficial history of Legacy Housing is ever written, it could include the words ‘that which doesn’t break me is going to make me stronger.’ Such a history may also say ‘Whatever it takes’ – including vertical integration with their own captive lending program. Perhaps as a result of …
Understanding the news occurring all around us has long been a field of significant interest in the U.S. It’s no different in the clearly diminished 21st century for the U.S. manufactured housing industry. People and professionals want to KNOW. The evidence based case can be made that people often want to …
It was almost textbook dystopian. It could have been a ‘based on a true story’ skit in Topsy Turvey or a modernized chapter in Alice in Wonderland. As the photos in the X-post (a.k.a. ‘tweet’) shown in Part II of this report reflects, Secretary of the U.S. Department of Commerce …
According to the Biden White House Fact Sheet on Competition: “In fact, research shows that industry consolidation is decreasing advertised wages by as much as 17%.” That’s across a range of industries, but the principle from that would apply to the manufactured housing industry as well as other businesses and professions. …
GuruFocus and Yahoo Finance were both among those in the financial media which reported the following information for Skyline Champion (SKY) most recent quarterly report for that organization’s “Q2 Fiscal 2024.” For regular people, that corporate lingo by SKY means the period ending September 30, 2023. According to Mark Yost, …
“Chinese President Xi Jinping arrived in San Francisco ahead of a closely watched meeting with President Joe Biden and a whirlwind visit to the city for the Asia-Pacific Economic Cooperation (APEC) summit.” So stated the San Franscico Standard on 11.14.2023. That helps set the stage for the following Q&A by …
“Some Venezuelan migrants who trekked thousands of miles to the US in search of a better life are so disheartened, they say they’re already heading back home,” said the New York Post. “Michael Castejon, 39, told the Chicago Tribune he has had enough after he, his wife and teenage stepdaughter spent …
“The manufactured housing industry is a wonderful industry,” said UMH Properties’ Eugene “Gene” Landy during their most recent quarterly earnings call. “But it is capital-intensive…” “…and if we need to raise capital, we’ll do that.” Eugene Landy also said: “And right now, we may be able to make some really …
