On the first day of trading in 2019, the broader market stocks rose marginally. Manufactured housing stocks tracked closed mixed. But watch tomorrow closely, because the announcement by Apple has cause their stock – and others in the tech sector to drop, per MarketWatch and others. It’s a troubling reality …
On a day that Manufactured Housing (MH) tracked stocks generally rose, we’ll look at one of the broader non-MH drivers in the news. The South China Morning Post (SCMP) is akin to an official organ for the Chinese communist government. We’ll share their version of the U.S. China trade talks …
2019, No Recession Says Goldman, 2 Sides – U.S.-China Insights, Plus MH Market Updates Read More
The writer of the Forbes column cited and linked below is a manufactured home community owner named Brad Johnson. Johnson, not unlike RV Horizon’s Frank Rolfe, misuses the terminology, perhaps for SEO or other reasons. Johnson in Forbes cites Sam Zell’s Equity LifeStyle Properties or ELS. It’s Zell who …
In a media release from the Texas Manufactured Housing Association (TMHA), here are the latest insights. “Shipments in November moved down from both October and November of 2017 as the market faced fewer production days, rising interest rates, and falling oil prices,” said the TMHA statement. “Manufacturer annual totals …
What the Latest Numbers from #1 Manufactured Housing Market Texas Reveals Read More
Taxes. Appearances. Uncertainty about the future. Those are some of the excuses, err, reasons that trustees of South Elgin, a part of the Chicago metro, rejected a 296 unit manufactured home community development that would have served residents 55 and older. It’s a story that affordable housing and manufactured home …
It’s still been a rough month on Wall Street, but today’s record move up on the Dow helped put a post-Christmas smile on the face of investors. Most manufactured home stocks rose. Some broader market commentary is our feature this evening. If you’re new, already hooked on our new …
It’s the best economy in 20 years, says Heritage Foundation chief economist Steve Moore, who disagrees with President Trump on one point. The Federal Reserve’s policies are not the only problem slamming the markets, but it is a serious one. On a day when all tracked manufactured home stocks declined, …
A rut has been defined as an open-ended grave. Habits can be useful, and good habits are necessary in one’s personal and professional life. But problematic habits are a rut. They may be comfortable, at least until the walls of the rut finally weaken and collapse. If a collapsed …
Escaping the Grave? Affordable, Manufactured Housing News Read More
December 21st is literally the shortest, darkest day of 2018. From this point on, the daylight get about 2 minutes longer a day until the summer solstice on June 21, 2019. So, on the worst week on the Dow in about a decade, we’ll look at Grinch-like data-point that should …
Darkest, Shortest Day 2018, Markets Dump, Apt Rentals Bump, Housing Slump$ Read More
Al Kemp is the Executive Director of the Manufactured Home Park Owners Alliance (MHPOA) of British Columbia (BC). That Canadian trade group’s manufactured home community (MHC) members, say Kemp, has an average vacancy rate of one site for every two properties. Rephrased, those BC community owners have ½ a …
In business, you might technically be on the right side of a law, but still appear badly to the public at large that you hope to attract and serve. A recent fracas arose between 85 year old resident, Millie Francis, and a resident-owned manufactured home community’s management. Vanguard …
The holiday season hasn’t caused the Manufactured Housing Institute of South Carolina still-new communications person to slow down. Janae Frazier has stepped up to the plate with two new pro-industry videos produced on the MHISC’s YouTube channel in December, 2018. The two videos are entirely different styles, as a …
State Association Steps Up, Promoting Manufactured Home Communities Investing Read More
Palm Lake Cooperative at 7272 42nd Way North in West Palm Beach, Florida, has sold the community to MHC Palm Lake LLC. That’s an affiliate of MH Communities, the manufactured home investment arm of Chicago-based Equity LifeStyle Properties (ELS), per the Business Journal and a local court filing. …
Sam Zell’s ELS Scores Again, Details Others Missed Read More
The Louisiana Manufactured Housing Association (LMHA) video below takes a tact at defending and promoting the acceptance of manufactured homes that is noteworthy. It could have utilized the singularly important point of HUD Code manufactured home enhanced preemption, or any number of other research points that were …
Spotlighting Pro-Growth Educational Effort by Louisiana Manufactured Housing Association Read More
“It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we’d be remiss not to mention that insider sales have been known to precede tough periods for a business. So we’ll take a look at whether insiders have been buying …
New HUD Code manufactured home factories are gaining traction, as manufactured and modular housing shipments have been recovering. Skyline-Champion’s (SKY) soon-to-open production center in Leesville, LA is our focus for this evening’s market focus. Scroll down beyond the Manufactured Housing Composite Value to see that report. If you’re new, …
Many if not most Manufactured Housing Professionals – MHPros – know the truth about our industry’s products and services. That said, millions of people don’t know. You might say that they have been conditioned into thinking something that is untrue. Hold that thought, because in many ways it is …
Children, Grandchildren, Family, Manufactured Housing, Money, and You Read More
Perhaps it was no surprise. Perhaps it was a safe call. But our prior MHProNews reports on Legacy Housing’s Initial Public Offering (IPO) proved to be prescient. On a day when the Cavco Industries (CVCO), Skyline Champion (SKY), and even Clayton Homes parent Berkshire Hathaway (BRK) all took a slide, …
Legacy Housing Exclusive to MHProNews on Firm’s Solid IPO, Plus MH Market Updates Read More
The initial public offering – IPO – for Legacy Housing Corporation is set for 12.14.2018, per NASDAQ. That makes this a good time to take a look at what they and others beyond the manufactured housing industry are saying about Legacy. “We like old-fashioned businesses. This one is …
What Others Say – Legacy Housing Corp (LEGH) IPO Set for 12.14.2018 Read More
It should be a given that the upper management of Clayton Homes, and their Arlington, VA based Manufactured Housing Institute (MHI) are in favor of their stated agendas. No sooner than MHI released their self-promotion video, than the industry’s new home shipments data – those …
“What Are We, Chopped Liver?” MHI Member December 2018 Reactions Read More
