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.
With major decisions by the U.S. Supreme Court in the news this past week on the ‘controversial’ American topics of guns and abortion, it would be understandable if thousands of manufactured housing professionals were looking at or pondering topics seemingly not directly connected with our profession. Additionally, it is summertime. …
There are consequences when an economy is shut down, even for a pandemic, and there are consequences when a sufficient volume of affordable housing aren’t built – and skyrocketing housing costs and evictions are part of that consequential mix. Without pointing the finger at the deposed President Trump, Texas Republicans …
“It’s time for a transparency revolution,” says Adam Andrzejewski CEO of OpenTheBooks.com. “I know that restoring transparency is not only the surest way to achieve results, but also to earn back the trust in government…” said then U.S. Sen. Barack Obama (IL-D), who later went on to become the 44th …
According to a statement provided by the Texas A&M University (TAMU) Texas Real Estate Research Center (TRERC) to MHProNews, “Rising interest rates shock Texas’ manufactured housing industry.” It goes on to say that “Texas’ manufactured-housing outlook worsened for the first time during the COVID-19 pandemic recovery. According to the latest …
Citing information from Deutsche Bank, left-leaning MarketWatch said: “With the large-cap benchmark having shed around 22.3% so far in 2022 — the biggest drop since 1932… — strategists at the bank see the remainder of the year hinging on whether or not the economy avoids falling into recession.” That same …
The top headline on 6.20.2022 on Google’s ‘news’ tab search at 8:13 AM said “Huntington Beach [CA] mobile home residents ask for relief as conglomerates buy up parks,” and includes this pull quote: “Twice a month, every month, dozens of Huntington Beach residents converge in the city council chambers to …
“We study history in order to understand the present and to prepare for the future. Because anything that has happened before can happen again.” – House Majority Whip James “Jim” Clyburn (SC-D) on 2.29.2020. One need not be political at all – or someone could be for against, or neutral …
A sharp critic of the Manufactured Housing Institute (MHI) called MHProNews to express the good, bad, and ugly about what has been occurring on that battle front. On paper, MHI seems to be doing some good things. That insider critic who has long ties to the Arlington, VA based trade …
Uncomfortable facts, vexing evidence, or competing claims regarding manufactured housing related issues are found in recent news reports by Fox Business, the Washington Post, Vice, Yahoo, and Go Banking Rates, among others. Some of that third-party media content will be provided below as part of this MHProNews fact check and …
Word Hippo says that other words (synonyms) for “roll over” are “capsize” or “overturn.” According to MarketWatch and MSN on 6.16.2022, “Veteran investor and bitcoin bull Michael Novogratz doesn’t have a rosy outlook on the economy, which he described as headed for a substantial downturn, with the likelihood of a …
Legacy Housing Corporation (LEGH) Announced last week several changes to their leadership team. Those shifts and additions were described in a press release which is posted below. It includes the addition of Duncan Bates as their new president and chief executive officer (CEO), with co-founder Kenneth “Kenny” Shipley moving into …
In a news release to MHProNews and mainstream media by the National Federation of Independent Business (NFIB) dated June 14, 2022 (Flag Day), the organization which was founded in 1943 grimly stated: “Small Business Owners’ Expectations for the Future at 48-year Low.” This member-driven survey by NFIB comes on the …
The timing of the latest Manufactured Housing Association for Regulatory Reform (MHARR) President and CEO Mark Weiss, J.D., “Issues and Perspective” comes on the heels of a new report by Real Clear Energy and the WND NewsCenter to MHProNews. Manufactured housing connected equities are broadly sliding concurrent with this report’s …
The source of the provocative paraphrase in the headline is found further below. It arrived after MHProNews had drafted this Monday morning report, which is based on U.S. Census Bureau information. The Census Bureau website says that data on the Manufactured Housing Survey was recently updated: “Last Revised: June 8, …
The U.S. Department of Housing and Urban Development (HUD) contracts with the Institute for Building Technology & Safety (IBTS) to gather data on HUD Code manufactured home production and shipments. The following is the official data on production and shipments by state. In the abbreviations that follow, SW is short …
Within days of the 2020 election, Naomi Wolf, Ph.D., was trying to ‘walk back’ her vote for Joe Biden. The issue she raised at the time, per the Washington Examiner, was his support for lockdowns. Wolf told the Sunday Times “I’m not a conspiracy theorist.” In her June 13, 2021 …
A periodic look at the big picture of the U.S. economy and the mood of Americans is useful because it will reflect on our profession’s opportunities. The following report by the WND NewsCenter to MHProNews on the recent Wall Street Journal-NORC survey sheds the light on how Americans feel about …
The following news release from Legacy Housing Corporation (LEGH) is followed by a brief but clarifying statement from a well-placed and informed source at the company to MHProNews. Legacy Housing Corporation Receives Notification of Deficiency from Nasdaq Related to Delayed Filing of Quarterly Report on Form 10-Q May 23, …
June is National Home Ownership Month, as MHProNews readers were recently reminded. On Thursday afternoon, June 9th and then June 10-12th, 2022, the Innovative Housing Showcase (IHS) will be revived after its hiatus during the proclaimed COVID19 pandemic. IHS began during the tenure of HUD Secretary Ben Carson, in June …
Manufactured homes and baby formula are obviously two distinctive products. Both industries feature federal regulation, more on that and the possible takeaways for manufactured housing industry professionals follow further below. But to grasp the reasons why manufactured housing pros, advocates, and others should be concerned, facts and insights about the …
