The Texas Manufactured Housing Association (TMHA) is one of the largest trade groups representing the HUD Code manufactured home industry. Texas has long been the top state for production and shipments, as the report linked below reminds newer or longtime readers of MHProNews.
Comparing Manufactured Home Single and Multi-Sectional Data, State by State, 2018 vs. 2019
TMHA has consistently attempted to put the best possible face on the declines, as quotes from their release further below will reflect. Ironically, a page on the TMHA website aimed at consumers explains in short order why shipments should be rising, not falling.
Per the TMHA, “…In the modern era, today’s manufactured and modular homes are anything from the long past idea of a “trailer home.” The safety, workmanship, quality and energy efficiency of our homes is unparalleled. Many of the homes are also affordable. The homes are affordable because of the increased efficiency of economies of scale, factory assembly-line production, supply chain management, skilled and experienced labor and a focus on providing the highest quality homes in a wide array of prices. Our members can serve your housing needs.
We encourage anyone considering a home to shop not only our members, but compare us against other site-built products in the same price range. We are confident our modern homes win out over all competition in terms of size, amenities, energy efficiency, construction time, safety, and price.”
In that, it mirrors comments by HUD Secretary Ben Carson, as is found in the mainstream news video which is part of the report linked below.
Wittingly or not, TMHA, most other state association, and other data is increasingly making it clear that the prideful claims by the Arlington, VA based Manufactured Housing Institute (MHI) last year was not only wrong, but arguably, misleading. Sources and logic both tell MHProNews that they knew what was coming, a point that pro-MHI state association executive Amy Bliss and MHReview ironically signaled.
It is one more reason why investors should be carefully discerning who’s information they are digesting, and how reliable it may be.
Publicly Traded Manufactured Housing Firms – Which Source Do You Trust More? Why? MHI, MHARR, Others
With that tee up, let’s turn to what the TMHA said earlier today.
TEXAS MANUFACTURED HOME SHIPMENTS MARKET ANALYSIS
Wednesday, October 30, 2019
Manufactured home shipments for September moved down for both single-section and multi-section homes from August, but the decline was likely due to a decrease in production days between the two months. Homes shipped per day hit its highest mark on the year with 67 homes shipping on average per day of production.
Total homes shipped for September came in below September of 2018, but the decrease was due to a decline in multi-section home shipments. Single-section shipments posted their first year-over-year increase in 2019.
The gap between single-section and multi-section home shipments narrowed in September, but it marked the 11th straight month of multi-section shipments above singles.
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That’s your third episode on this hump-day of manufactured home “Industry News, Tips and Views Pros Can Use” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)
Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. Connect with us on LinkedIn here and and here.
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