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 lack of proper understanding on a range of key issues impacting Americans amounts to thousands of dollars annually per person. A billionaire cited later in this report infamously said that he didn’t want a nation of thinkers, he wants a nation of workers. The implication is clear. Keep people …
The battle over ESG investing practices and how it influences business and politics continues to heat up. Each of the headline firms of BlackRock, Vanguard, State Street and Apollo Global Management are all among investment groups that have played a well-documented role in several manufactured housing industry associated firms. To …
Mark Weiss, J.D., President and CEO of the Manufactured Housing Association for Regulatory Reform (MHARR) provided the following to MHProNews with regard to their response to the controversy sparked by SECO-linked land-lease manufactured home community owner David Roden. Roden recently asked Manufactured Housing Institute (MHI) staff leaders Lesli Gooch, Ph.D. …
“So don’t tell me “we can’t solve affordable housing” because the correct statement is “we don’t want to solve affordable housing.” So said “Frank and Dave” in an emailed memo dated 6.7.2024. Give some people enough rope, and wittingly or not, they may hang themselves. In the course of hanging …
While independently owned manufactured home community Mountainview Estates owner David Roden is getting headline attention for not only wondering but asking ‘industry leaders’ to launch a sales boosting image/educational campaign or explain their reasoning for not doing so, Roden is far from alone in wondering why the industry is being …
According to Skyline Champion (SKY) President and Chief Executive Officer (CEO) Mark Yost in their most recent earnings call (found in Part I below) are remarks like the headline topics outlined in this preface and unpacked in Part II of this report. More manufactured home street retailers are expected to …
John Pavlovitz wrote in the Milwaukee Independent that: “in an insane world, a sane man must appear insane.” The statement is actually based on what Kurt Vonnegut Jr. wrote, “a sane person to an insane society must appear insane” in Welcome to the Monkey House.” With that pithy insight in …
According to the media release from the National Federation of Independent Business (NFIB) to MHProNews: “After several years of proposed regulations and discussion, the U.S. Department of Labor has issued a new federal overtime rule that is set to take effect July 1, 2024. Under the new rule, employees who …
As MHProNews has previously reported, billions of dollars have been flowing into investments in recent years that aim to compete with HUD Code manufactured homes as potentially affordable entry level housing. Billions more are bet by private equity giants and others invested in single family conventional housing, which have reportedly …
“Let’s embark on a whimsical journey into the world of manufactured housing, where the green fairways of industry intrigue meet the sand traps of bureaucracy.” That is part of a longer quote from #4 further below. But before we start that “journey,” consider the observations of a fellow who later …
A check of the National Association of Realtors (NAR) search tool for “National Home Ownership Month” on 6.1.2024 reveals 10,000 results. “Originally started as an annual national event in 1956 as a way to promote the benefits of home ownership and the value of using of a REALTOR® in real …
“This is the moment Trump’s critics have been dreaming of for years. But something isn’t right here.” So reads the subheading of a story on left-leaning Vox entitled: “The Felon Frontrunner.” Biden backers hypocritically, or ironically, are saying the Trump conviction proves ‘that no one is above the law.’ But …
“Despite facing some significant market headwinds, including the prolonged destocking by our channel partners and considerable regional variability, we made substantial progress,” said Mark Yost, Skyline Champion’s President and Chief Executive Officer (CEO). Despite those comments, it may not appear so to numbers of investors, as the stock has fallen …
According to the right-leaning Wall Street Journal (WSJ or The Journal) said on 5.28.2024: “Blackstone, TPG and Carlyle Group disclosed they have been cooperating with the SEC.” Under the headline: “Private-Equity Giants Near Settlements with SEC Over Texting Violations” by Mengqi Sun, the Journal said: “Under the Securities and Exchange …
According to a fresh real estate analysis by Redfin, “Investors Are Buying More Single-Family Homes Than Before” in the first quarter of 2024. “Investor purchases of single family homes rose 3.9% year over year in the first quarter, the first increase in nearly two years. Meanwhile, investor purchases of townhouses, …
A year has come and gone since analyst Greg Palm for Craig-Hallum Capital Group LLC pointedly asked Cavco’s William “Bill” Boor ‘Why is manufactured home industry production so weak?’ As part of the presentation and discussion below for their most recent quarterly results earnings call on 5.24.2024, Cavco’s Boor said: …
“The United States is experiencing its second crisis of housing scarcity. Unlike the first, which arose in fast-growing 19th century cities before the advent of tall buildings and modern transit, this one is purely political.” So wrote Alex Armlovich and Andrew Justus, J.D., housing policy analysts for the Niskanen Center …
According to the firm’s website: “Equity LifeStyle Properties, Inc. is a self-administered, self-managed real estate investment trust (REIT) headquartered in Chicago.” Also per ELS: “We marked 30 years as a public company in 2023” and “We have a unique business model where we own the land which we lease to customers …
According to the National Federation of Independent Business (NFIB) was the following results to their recent survey for April 2024. A source at the NFIB previously told MHProNews that apparently manufactured home related companies have constituted hundreds of the organization’s members. Their monthly survey tracks member feedback on a range …
Circa 1990, per informed sources deemed reliable, the Manufactured Housing Association for Regulatory Reform (MHARR) had all but negotiated the removable of the permanent chassis requirement for HUD Code manufactured homes that could have been part of then moving legislation. Per those same sources, the Manufactured Housing Institute (MHI) had …
