As the United States begins to flex more economic muscle, there are increasing signs in markets from China, Europe to now Turkey that are reflecting weaknesses in markets overseas. Today, Turkey grabbed the headlines, and some experts share their take. It’s a troubling reminder why manufactured housing is a much …
We’ll weigh in on this Freddie Mac handout promoting manufactured housing another time, but would value that of the readers of Daily Business News on MHProNews. Here it is, below. We just have this suggestion, as you look at this handout from Freddie Mac, meant to promote manufactured housing. Please …
Freddie Mac’s Manufactured Housing, Myths vs Facts – Your Professional Thoughts? Read More
OMAHA, Neb. (AP) — “A large federal law enforcement operation conducted Wednesday targeted businesses in Nebraska and Minnesota that officials say knowingly hired — and mistreated — immigrants who are in the U.S. illegally,” reports the Associated Press (AP). There have been several incidents in various parts of …
Wouldn’t it be refreshing if certain folks in Arlington, VA made an admission like the headline confession Heritage’s Edwin Fuelner made on camera? But, the focus for this evening’s market report isn’t that, rather, it is two-prime points. General economy/jobs, and the under-reported internal struggles in China over the trade …
“I Admit, I was Wrong,” said Heritage’s Feulner, Plus Manufactured Housing Market Updates Read More
“The U.S. Department of Energy (DOE) has published a “Notice of Data Availability and Request for Information” (“Notice”) regarding its previously dormant manufactured housing energy conservation standards rulemaking in the August 3, 2018 edition of the Federal Register (see copy attached),” said the Manufactured Housing Association for Regulatory Reform (MHARR) …
MHPro Alert: DOE Issues Manufactured Housing Energy Rule RFI Read More
The House Financial Services Committee announced that there will be an upcoming hearing that will continue their probe into allegations of “waste, fraud, and abuse.” The Daily Business News on MHProNews has tracked developments over the ongoing drumbeat out of Washington, D.C. over concerns regarding the Federal Housing Finance …
“Waste, Fraud, and Abuse” – FHFA, GSE Federal Oversight Announcement Read More
Don’t look now. The uncertainty over trade, sanctions, tariffs in the first half of the year gave way on Wall Streets to a more recent steady rise in the markets. While there’s plenty of question marks – read, uncertainty – ahead, there seems to be growing confidence that the Trump …
Stocks Rise Amid Trade Tiffs, Iran Sanctions Take Effect, Plus MH Market Updates Read More
The City of Chino recently reached a $1.5 million settlement with a manufactured home community owner. The suit originally asked for $34 million, and was filed in July 2010 by Chino MHC, owner of Lamplighter Chino Mobile Home Park, per the Champion Newspapers. “The settlement agreement resolves long-standing disputes and …
City Settles Case with Community Owner for $1.5 Million Read More
A local news story of a “mobile home fire” on I-20 underscores why the terminology issue matters. Before diving into the local media report to see the lessons learned, let’s examine part of a detailed statement from a multi-decade manufactured home professional. Why? Because it very much relates …
“Insulting” – Local News Report on “Mobile Home” Fire Underscores Why Terminology Matters Read More
The USDA reports that the number of people on food stamps, more properly known as SNAP benefits, has been declining by millions since February of 2017. More jobs, higher wages are clearly contributing to that outcome, which will be our focus spotlight this evening. If you’re new, already hooked on …
Rising Tide Lifts Millions off Food Stamps, Plus Manufactured Home Market Updates Read More
This is a “Feedback Edition” – featuring comments from MH Industry Voices – that is still part of our normal Monday Morning Marketing and Sales meeting. You could summarize the topic like this. Shouldn’t our job selling homes that are quality for so much less be easier than it is? …
“Fixing Our Industry’s Terrible” Public Relations, a Proven Strategy Read More
They Did It Before, They Can Do It Again The headline is a play on words, and can be taken in a good way, or a problematic one. “We did it Before, We Can Do It Again” was a World War II song, aimed to remind Americans …
While manufactured housing production has nudged up marginally in June, the data reveals that it has slowed significantly from earlier this year. The state-by-state breakdown of production is found in the chart below, based upon data collected for the Department of Housing and Urban Development (HUD) by IBTS. A …
From time to time, a variation on the question is asked, ‘What happened to the reports about Tom Lackey, Stoney Pointe manufactured home (MH) community, missing titles, owner-carry, SECO and all those consumers who lost their homes?’ The short answer? Based on the latest reports to the Daily …
“Legacy Georgia’s Hurricane Liquidation in Eatonton is going to be the biggest MH sale of the Fall,” said Casey Mack Legacy Housing Corporation in charge of Marketing | Web | Dealer Programs. “The countdown is on with less than 42 days to go!” They are running several weeks ahead of …
Numerous manufactured home professionals don’t realize that the per HMDA data, the #3 lender in manufac5ured housing is Well Fargo, which Warren Buffett’s Berkshire Hathaway has a large stake in. The fines they were hit with today are our featured spotlight tonight. If you’re new, already hooked on our new …
#3 MH Lender Hit by $2 Billion in Fines, Plus MH Market Updates Read More
It’s an older property, that the photos reveal includes several true pre-HUD Code mobile homes (MH). Ryan Kirk bought Airbase Estates in Montgomery, AL about 9 months ago. By ‘doing what’s right’ he’s making residents happy, looks to have a handsome ROI, and has attracted positive local media coverage. …
There appears to be considerable confusion about a variety of facts regarding modern manufactured homes, as well as the manufactured housing industry. Why? Let’s tee up this topic, before diving into this relevant research, and today’s timely fact check. Accurate Information Matters When reading mainstream media reports, or research being …
Manufactured Housing Industry Facts, It’s About More, Per Economic Expert’s Insight Read More
The latest data reveals that worker pay has hit the highest level of increase in a decade. What does that mean for factories, and manufactured home sellers? The Daily Business News will take a look… Business media on both sides of the left-right political divide are saying surprisingly similar …
Factories Fighting, and Manufactured Housing Sellers Benefit Read More
“Rumors of U.S.-China trade talks was enough to stir soybean prices higher,” per Farm Futures. As thousands of MHPros know, much of the manufactured home industry revolves around rural sales. Among those are to farmers and their workers. So, while there’s chatter both for-and-against the Trump Administration tariffs strategy, there also …
Signs China’s Weakening in Trade Tiff with U.S.? Plus MH Market Updates Read More
