“After two years of incessant activity, Texas’ housing manufacturers pulled back on production as the industry adjusted to higher interest rates and a mixed economic outlook.” So said the results from the latest Texas Real Estate Research Center at Texas A&M University (TRERC) report detailed in the attached news release. Texas, as many manufactured home professionals know, is the #1 state in the nation for both production and shipments. Without question, what occurs in Texas can be a bellwether for what is occurring in other states. That noted, there will be additional facts, analysis and commentary that will be followed by our Daily Business News on MHProNews equities and manufactured home communities REITs updates.

 

FOR IMMEDIATE RELEASE

Aug. 8, 2022/News Release No. 25-0822

Texas’ housing manufacturers ‘hit the brakes’ in response to higher interest rates, economic outlook

COLLEGE STATION, Tex. (Texas Real Estate Research Center) – After two years of incessant activity, Texas’ housing manufacturers pulled back on production as the industry adjusted to higher interest rates and a mixed economic outlook.

Results from the latest Texas Real Estate Research Center at Texas A&M University (TRERC) indicate the production index dipped into negative territory in July and will likely fall further in coming months.

The Texas Manufactured Housing Survey’s (TMHS) sales index reached a record low on top of eight consecutive monthly decreases, and the number of cancelations elevated amid rapid changes in the mortgage market.

“Manufacturers had to hit the brakes after two years of playing catch-up with retail and community demand,” said Rob Ripperda, vice president of operations for the Texas Manufactured Housing Association. “When backlogs were running around eight months, retailers were scrambling to keep homes on their lots and avoid stockouts.”

Backlogs have fallen substantially over the past year, with particularly stark readings in the TMHS index since May.

“Manufacturers kept pushing their productivity higher, while economic conditions started lowering the number of potential buyers showing up on retail lots. Inventories filled up, and retailers are now canceling existing orders that don’t have buyers already lined up,” said Ripperda.

Dampened demand is expected to persist during the second half of 2022, and the industry responded with the first TMHS employee-index contraction since onset of the COVID-19 pandemic.

“Payroll adjustments are in line with trends we are seeing in the broader labor market,” said TRERC Senior Research Associate Wesley Miller. “Despite an uptick in initial unemployment insurance claims at the national level, there is still a significant shortage of skilled labor, pushing nominal wages higher. Housing manufacturers expect the shortage to persist and are preparing to raise wages even higher.”

While labor costs are increasing, prices paid for raw materials fell for the second straight month.

“Commodity prices are finally taking a breather, and the cost of lumber reached a new low for 2022 this week,” said TRERC Research Economist Dr. Harold Hunt. “Although still problematic, supply chains have been stabilizing over the past 12 months and could ease prices further. The timing couldn’t be better as the U.S. economy continues to slow.”

In addition to economic-growth concerns, the manufactured housing industry is grappling with impending regulatory changes from the Department of Energy. Despite the various headwinds, the TMHS capital-expenditures index held well above zero, indicating longer-run optimism behind the cloud of uncertainty. ##

Funded by Texas real estate licensee fees, TRERC was created by the state legislature to meet the needs of many audiences, including the real estate industry, instructors, researchers, and the public.

—30—

 

Additional Information with More MHProNews Analysis and Commentary

In the internet era and in our epoch of conflicting news reports from sources that were deemed reliable years ago – but which have at times been credibly charged with being incomplete, weaponized, or paltering in their reporting – the need to cross check facts, claims, and evidence has grown.

To balance out the concerns raised above by the TRERC and the Texas Manufactured Housing Association (TMHA) – which may in fairness be seen as a leading rather than a trailing indicator of trends in MHVille – are the latest national data, which is found in the report linked below.

HUD Code Manufactured Housing Production Grows June 2022, per Official Data – Additional Facts, Analysis, Commentary; plus Manufactured Home Communities REITs, Manufactured Housing Stocks Update

Then, there is the latest report from Fannie Mae’s national research.

Consumer Sentiment Crash, Lowest Level in Years for Buying, Selling Housing per Fannie Mae HPSI Survey, See Data; plus Manufactured Home Communities REITs, Manufactured Housing Stocks Update

Obviously, there are indicators from other housing and media sources. A sample of compact summaries from various sources using LinkedIn this week are shown below.

Home Inventory Soars at Record Rate With US Buyers Pulling Back

According to Natalie Wong, a “Real Estate Reporter at Bloomberg” news: “New story: Home inventory across the US grew at a record rate in July, another indicator that higher mortgage costs are cooling the market.

“With inventories increasing, buyers will have more negotiating power,” said Danielle Hale, chief economist for Realtor.com. “The two years of a market heavily tipped in favor of sellers appears to be in the rearview mirror.” ##

 

Is it still a home sellers’ market?

By Cate Chapman, Editor at LinkedIn News

The surging supply of homes for sale across the U.S. could spell an end to the sellers’ market of recent years. Inventory jumped 31% in July from a year earlier, the third successive month of record-high increases, according to Realtor.com. It’s largely a result of the Federal Reserve’s campaign to contain inflation by hiking interest rates. That has increased mortgage costs, leading buyers to step back and homes to linger on the market. Still, more Americans than ever are searching for additional space in cheaper areas amid the shift to work from home. ##

According to Kevin Hill, who describes himself as a “Sales Associate/REALTOR with expertise in valuation, appraisals, inspections, REO/foreclosures, property management, repair/renovation estimation, marketing, & rentals,” said this: “Market is still weighted towards sellers here in North Jersey. First time home buyer ranges are still hot with homes still having accepted offers in days. It will eventually shift. We need a more balanced market because the home prices are way out of wack still. ##

Then, there is this post.

Home Inventory Soars at Record Rate With US Buyers Pulling Back

From bloomberg.com, by Dharma Rajah.

Homebuyers are not the only ones feeling the squeeze as the housing market cools down.

In fact, according to the National Association of Home Builders (NAHB), home builders’ confidence in the market has hit a two-year low.

The NAHB’s Housing Market Index (HMI) fell 12 points to 55 in July. This marks the lowest HMI reading since May 2020. But it’s not just inflation causing builders to think twice about construction.

There are several key factors contributing to the overall decline in confidence such as:

🔵 Cost of land

🔵 Increased building material costs

🔵 Supply chain difficulties

🔵 Financing exceeding a home’s market value

Currently, between 11% and 13% of builders have reported dropping their prices. Recent data also notes that 70% of builders kept prices flat in June compared to May.

Builders may need to reduce prices and cut profits in order to bolster sales and/or limit cancellations. Since the market was so hot, this doesn’t mean there isn’t opportunity and lots of profit out there. We’re always thinking about the long-term value of large property investments and I think we’ll come out strong by 2024.

The bottom line: everything is tightening up and will continue to do so through 2023 but I’m confident we’ll come out stronger than where we were.  ##

To say that there are conflicting claims in the array of seemingly credible claims referenced above is therefore an accurate statement.

• TRERC and TMHA are saying that manufactured housing producers in their state have cut back on production due to cancellations by retailers.
• National manufactured housing data for June 2022, the latest available with a federal imprimatur, indicates production growth nationally continues. As noted above, one may be a trailing, the other a more leading indicator (recognizing that both sets of claims are from the rear-view mirror).
• Supply is growing, per sources cited herein, for conventional housing. That indicates a housing market slowdown.
• Fannie Mae said that both home buyer and home seller sentiment are dropping.

As MHProNews has noted for months, there are conflicting claims about the extent of the housing shortage. Is it 3.8 million housing units? Is it 5 million units that are needed? Is it 7 to 8 million or more? Each of those numbers, along with others, have been stated in a seemingly authoritative manner from seemingly credible sources. The population in the U.S. is swelling by the hundreds of thousands monthly, due to undocumented border crossers alone. This is a point that is rarely raised in housing reports, why not? Is it deemed too politically incorrect to mention the fact that all of those border jumpers need a place to sleep at night too? Or are other factors at play that keep obviously interconnected facts from being mentioned in the same news report?

What is obvious is that whatever the precise number of homes needed is that the total is in the millions. It is also obvious that the need is immediate. Restated, this ought to be a time for robust growth in the manufactured housing field. When a record 46 million Americans changed their zip code during the study period researched below that included cross checks from various sources, one would think that manufactured home production ought to be growing at a far greater clip than it has been in the COVID19 era.

‘Record’ 46 Million Americans Changed Zip Codes– Pods, U-Haul, Non-Profit Research Info Reveals Abundant Opportunities for Manufactured Housing Pros – Facts with Manufactured Home Pro News Analysis

That said, there are places that manufactured housing has dipped, per the data.

https://www.manufacturedhomepronews.com/mhao-tmha-facts-manufactured-housing-institute-mhi-may-2022-state-by-state-singles-multi-sectionals-total-shipments-state-dips-despite-promo-videos-plus-mhville-reits-equiti/

Skyline Champion (SKY) said they have had record results. There is no reason to doubt that statement.

https://www.manufacturedhomepronews.com/skyline-champion-sky-provides-latest-quarterly-data-kisses-the-berkshire-hathaway-ring-in-process-manufactured-housing-pro-news-analysis-insights-plus-mhc-rei/

But should those record results be far larger than they are? After all, Skyline Champion is a Manufactured Housing Institute (MHI) member. MHI is being credibly accused of undermining and foot-dragging on key issues in the manufactured home industry. Outside law firms are probing fellow MHI member Cavco Industries (CVCO) on claims that their investors are being harmed due to improper corporate leadership.

Fresh Cavco Industries Investigation Announced by Bragar Eagel & Squire (BES) Law Firm, Attorneys Probing Other Companies too; plus Manufactured Home REITs, Equities Daily Business Market Update

That claim is buttressed by insights from the Securities and Exchange Commission (SEC), which has taken legal action against Cavco and some of its past leaders.

Is it any wonder that even in ‘conservative’ and ‘red state’ like Oklahoma, that lawmakers have commissioned a study to better understand what has gone wrong with home ownership and affordable housing?

Lawmakers Approve Affordable Home Ownership Study, Manufactured Housing Institute (MHI) Affiliate Alerts ‘Predatory’ Conduct by Deep Pocket Investors; plus Manufactured Home REITs, Equities Update

Just days ago, MHI made unusual statements that when carefully examined are logically contradicted by other facts.

 

Manufactured Housing Institute (MHI) ‘News’ Odd Admission-Claims to Members-CrossMods, HR 7651 Manufactured Housing Affordability and Energy Efficiency Act; plus Sunday Weekly MH-Headlines Recap

 

Thankfully, the Manufactured Housing Association for Regulatory Reform (MHARR) provides a consistent stream of reality based and expert insights that at times contradict the claims of their larger rival across the Potomac. While MHI began to ‘hide the ball’ on manufactured housing shipment data a few years ago, MHARR has consistently provided to their mailing list and also on their website official federal facts and their own analysis of the top state data. Those should be compared to other claims. When disconnects are spotted, one should ask, why?

Actor and nonprofit board member Danny Glover has summed up the issue like this.

Count on MHProNews to probe the various threads from various sources to see what light can be shed on often troubling issues. The causes and cures for affordable housing have long been known. But some believe that they profit from subverting a market. Who said? Longtime Buffett ally Bill Gates.

If those Gates and Glover quotes sound conspiratorial, take the advice of the late Democratic Senator William Proxmire (WI-D).  Follow the money and realize that there are no coincidences. A relatively few elites are benefiting from the current scenario in housing. The millions seeking affordable shelter and home ownership are in turmoil. The answer is to enforce existing laws. But MHI seems to be unwilling to do what is obviously being done by others who face unjustifiable behavior. Sue those involved.

‘Depriving People of Their Rights, Property Until Their Children Wake Up Homeless on the Continent Their Fathers Conquered’ – Shocking Case Illuminates U.S. Tragedies; plus Sunday Weekly Recap

Millions are being deprived of their rights. That means that smaller businesses are being limited or deprived of their opportunities too. If the TMHA data holds up in forthcoming national figures that is a signal that something is wrong in that part of MHVille. The affordable housing crisis didn’t stop in Texas. It is obvious that corporate giants, financial elites and their cronies are benefiting from limiting the market. The legal system ought to be employed to properly investigate and then act.

As a closing observation, note how Delrahim’s remarks during his tenure as the Assistant Attorney General for the DOJ’s antitrust division mirror those insights produced by James A. “Jim” Schmitz Jr. and his colleagues at the Minneapolis Federal Reserve and other economists? Or how market manipulation described by the research of Samuel “Sam” Strommen at Knudson Law also provides meat on the bones for what Delrahim said more generically?

 

Next up is our daily business news recap of yesterday evening’s market report, related left-right headlines, and manufactured housing connected equities.

The Business Daily Manufactured Home Industry Connected Stock Market Updates.  Plus, Market Moving Left leaning CNN and Right-leaning (Newsmax) Headlines Snapshot. While the layout of this daily business report has been evolving over time, several elements of the basic concepts used previously are still the same. For instance. The headlines that follow below can be reviewed at a glance to save time while providing insights across the left-right media divide. Additionally, those headlines often provide clues as to possible ‘market-moving’ news items.

 

Market Indicator Closing Summaries – Yahoo Finance Closing Tickers on MHProNews…

Headlines from left-of-center CNN Business – from the evening of 8.10.2022

• Disney’s new deal
• The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Walt Disney Co.'s ESPN will raise the price of its streaming service by 43% next month, betting that it can help cover the escalating cost of sports rights without losing subscribers who are grappling with soaring inflation.
• The streaming service is getting more expensive… unless you want ads
• Nebraska teen and mother facing charges in abortion-related case that involved obtaining their Facebook messages
• LIVE UPDATES Odds of big rate hike fall; housing stocks soar
• Price hikes took a breather in July, fueling hopes that inflation has peaked
• Warby Parker is slashing jobs as inflation takes a toll
• Opinion: It’s not just Equifax. The whole credit reporting system needs an overhaul
• More than a dozen companies developing single standard to detect cyberattacks faster
• Media critic Margaret Sullivan to depart The Washington Post
• Fox boss Lachlan Murdoch privately levels harsh criticism against Trump, sources say
• Food prices are skyrocketing, and it’s not just because of inflation
• Domino’s tried to sell pizza to Italians. It failed
• Coke’s latest bizarre flavor is here
• Here’s how the Inflation Reduction Act could affect you
• A $1,500 ‘option’ is now mandatory on GMC, Buick, and some Cadillac models
• SpaceX denied $900 million in broadband subsidies
• Here’s everything Samsung announced at its Unpacked event
• TRUMP
• Former President Donald Trump’s Mar-a-Lago resort in Palm Beach, Florida
• How the extraordinary FBI search of Mar-a-Lago was covered
• Legal trouble delays Trump SPAC deal
• How Trump-backed candidates won support
• The key difference between Trump and ‘Trumpism’
• Opinion: The January 6 hearings will have a huge impact
• LAYOFFS
• People walk on a street past a business on May 12, 2022 in New York City.
• Opinion: Why a recession might not mean huge job losses
• Walmart is laying off corporate employees
• Wall Street’s lavish bonuses are getting slashed
• Electric truck maker dismissing 6% of its workforce
• Shopify to cut 10% of staff after making ‘wrong’ bet

Headlines from right-of-center Newsmax 8.10.2022

• After Raid, Top Republicans Press Trump to Speed Up Rollout of ’24 Campaign
• “My advice that we should wait until after the midterms was based upon a rather standard landscape,” said Michael Caputo, a longtime Trump confidant. The Justice Department “set off a nuclear bomb on that landscape yesterday.”
• Raid on Trump’s Mar-a-Lago
• Judge Orders DOJ to Respond to Request to Unseal Warrant
• Dick Morris to Newsmax: FBI Raid Shows Dems ‘Desperate’ to Get Trump | video
• Trump: DOJ Asked Us to Put a Lock on Docs, Then FBI Broke It
• Explainer: How Does the FBI Get a Warrant to Search a Home?
• Eric Trump: Dad ‘Shattering All Fundraising Records’ Post-Raid
• Eric Trump to Newsmax: Raid ‘Directed by White House’ | video
• Ex-FBI Agent: Bureau Political Bias Started Under Mueller
• Trump Lawyer: Raid Focused on Trump’s Bedroom, Office
• Banks: Trump ‘Fired Up’ Over Raid, ‘Made Up Mind’ on ’24
• Trump Raises Concern Feds Were ‘Planting’ Evidence in Raid
• Hawley: AG Garland ‘Must Resign’ After FBI’s Raid
• Newsmax TV
• Cammack: Biden ‘Absolutely Terrified’ of Trump ’24 | video
• Stephen Moore: Everything So Expensive, Demand Is Down | video
• Ex-NYC Commissioner: ‘We’re Insulted’ by Inflation Reduction Act | video
• Comer: ‘Deep State,’ Intel Community Must Be Held Accountable | video
• NBA Free Agent: Feel for Griner, but Don’t Swap Her With ‘Merchant of Death’ | video
• Andrew Neil: NY Times’ ‘Garbage’ Coverage of Britain Needs Balance | video
• Election Primaries 2022
• Michels Wins Wisconsin GOP Gov. Primary; Trump Picks Sweep
• Gizzi: Trump, Mar-a-Lago Raid Made for Big Conn. Upset
• Trump-Backed Finstad Wins Minnesota House Seat, Primary
• Trump-Backed Kent Wins; Rep. Beutler Concedes
• Gizzi: Trump’s Michels Beats Pence’s Kleefisch in Wisconsin
• Trump-Endorsed Leora Levy Wins Senate GOP Primary in Conn.
• GOP Sen. Johnson Easily Wins Wisconsin Primary
• Ilhan Omar Holds Off Stiff Democrat Primary Challenge
• GOP’s Jensen Set to Face Minnesota Dem Gov. Tim Walz
• Vermont GOP Gov. Scott Wins Primary in Reelection Bid
• More Election Primaries 2022
• Newsfront
• US Charges Iranian in Plot to Murder John BoltonUS Charges Iranian in Plot to Murder John Bolton
• The United States charged a member of Iran’s elite Revolutionary Guard Corps on Wednesday with plotting to murder John Bolton, the national security adviser to former President Donald Trump…. [Full Story]
• DOJ Defends Gun Ban on Medical Pot Users Against Florida Dem Lawsuit
• The Biden administration is battling a Florida Democrat gubernatorial
• Trump: ‘I Declined to Answer’ Questions From N.Y. Attorney General
• Former U.S. President Donald Trump said on Wednesday he declined to [Full Story]
• Shelling Kills 13 in Ukraine’s Dnipropetrovsk Region: Governor
• At least 13 people died after shelling overnight in Ukraine’s central [Full Story]
• Related
• Ukraine: 400 Russian Collaborators Detained in Sea Port
• Trump: DOJ Asked Us to Put a Lock on Docs, Then FBI Broke It
• The Justice Department asked former President Donald Trump to put a [Full Story]
• US Talent Shortage Threatens Long-Term Economic Drag
• Experts warn the flagging American economy is being further [Full Story] | Platinum Article
• Perry Not Target, but Witness, in Probe of Trump Election Actions: Lawyer
• Scott Perry’s lawyer said he’s been told the lawmaker is not a [Full Story]
• China Would Be ‘Even More Dangerous’ If Pelosi Scrapped Taiwan Trip
• Poll: 70 Percent of Americans Support Putting Abortion on Ballot
• Seventy percent of Americans support using a ballot measure to decide [Full Story]
• Judge Orders DOJ to Respond to Request to Unseal Trump Raid Warrant
• The Department of Justice is being required to respond to a request [Full Story]
• Explainer: How Does the FBI Get a Warrant to Search a Home?
• News that FBI agents descended on former President Donald Trump’s [Full Story]
• Poll: Majority Support Electing President Through Popular Vote
• A majority of Americans support electing a president through the [Full Story]
• Poll: Almost Half of Teens Almost Always Online
• Just under half of American teenagers describe themselves as “almost [Full Story]
• Report: Top Republicans Want Trump to Speed up 2024 Campaign
• Top Republicans irate over the FBI’s raid of Donald Trump’s Florida [Full Story]
• Social Security Checks Could Rise by 9.6 Percent in 2023
• The slight decrease in inflation announced Wednesday, from 9.1% in [Full Story]
• Abbott Dares NYC Mayor Adams, ‘Make My Day’ Over Migrant Busing
• Texas Gov. Greg Abbott on Wednesday publicly dared New York City [Full Story]
• Abbott Adds 30 Security Officers for Uvalde’s School District
• Abbott Adds 30 Security Officers for Uvalde’s School District
• Texas GOP Gov. Greg Abbott is beefing up security in the Uvalde [Full Story]
• Polio Vaccine Recommended for UK Kids as More Virus Found
• The United Kingdom Health Security Agency said Wednesday that [Full Story]
• Eric Trump Says Dad ‘Shattering All Fundraising Records’ Since Raid
• Eric Trump, the son of former President Donald Trump, wrote Tuesday [Full Story]
• Stocks Climb, Dollar Falls on Improved Inflation Data
• Wall Street equities rallied and the dollar tumbled after signs of [Full Story]
• Elon Musk Teases Part 3 Release of Tesla’s Mankind-Saving ‘Master Plan’
• For five months, Tesla founder and billionaire Elon Musk has been [Full Story]
• Fauci Heckled, Cheered During First Pitch at Mariners Game
• Anthony Fauci, director of the National Institute of Allergy and [Full Story]
• Video Report: Russia Cooperating With Iran on Nuclear Launches
• Russia and Iran are cooperating on launches with rockets capable of [Full Story] | video
• 17 GOP Govs Urge Biden to Drop International COVID Vaccine Travel Mandate
• Seventeen Republican governors are urging President Joe Biden to lift [Full Story]
• Nebraska Woman Facing Felony Charges for Helping Teen Daughter Have Abortion
• A Nebraska woman is facing felony charges for helping her teenage [Full Story]
• Poll: ‘Significantly High’ Number of Democrats Worry About Biden
• A “significantly high”percentage of Democrats are concerned about [Full Story]
• Reversal: Reps Maloney, Nadler Back Biden for Second Term
• Jerry Nadler and Carolyn Maloney, D-N.Y., said during a debate [Full Story]
• Native Americans Urge Boycott of ‘Tone Deaf’ Pilgrim Museum
• Native Americans in Massachusetts are calling for a boycott of a [Full Story]
• Texas Busing Migrants to New York Despite Mayor’s Threat
• Texas continued to bus migrants to New York City despite Mayor Eric [Full Story]
• Grand Jury Declines to Indict Emmett Till’s Accuser: New York Times
• A grand jury in Mississippi has declined to indict a white woman [Full Story]
• China Criticizes US Chip Law as Threat to Trade
• China on Wednesday criticized a U.S. law to encourage processor chip [Full Story]
• Finance
• SEC Aims to Boost Hedge Fund Leverage, Crypto Disclosures
• The U.S. Securities and Exchange Commission (SEC) on Wednesday proposed a rule to improve the quality of disclosures it receives from large hedge funds about their investment strategies and leverage…. [Full Story]
• Fed’s Kashkari: More Rate Hikes Ahead – Even Possible Recession
• Jolene Latimer: Should You Add Bitcoin to Your 401(k) Plan? Here’s How to Decide
• US Deficit Declines 30 Percent in July
• ‘Congestion Tolls’ to Cost NYC Drivers Up to $23
• More Finance
• Health
• Drugstores Rush to Offer Primary Care
• Drugstores are moving toward a one-stop shopping experience as they plan to include doctor’s visits and health insurance along with selling pharmaceuticals…. [Full Story]
• 7 Tips to Tame Stress and Anxiety
• Gallup: Americans Increasingly Accept COVID-19 as a ‘Persistent Part of Life’
• Human Lyme Disease Vaccine in Final Clinical Trial
• For Back Pain, Earlier Is Better for Physical Therapy

 

 

MHProNews has pioneered in our profession several reporting elements that keep our regular and attentive readers as arguably the best informed in the manufactured housing industry. Among the items shared after ‘every business day’ (when markets are open) is our left-right headline recap summary. At a glance in two to three minutes, key ‘market moving’ news items are covered from left-of-center CNN Business and right-of-center Newsmax. “We Provide, You Decide.” ^© Additionally, MHProNews provides expert commentary and analysis on the issues that others can’t or won’t cover that help explain why manufactured housing has been underperforming during the Berkshire era while an affordable housing crisis and hundreds of thousands of homeless in America rages on. These are “Industry News, Tips, and Views Pros Can Use” ^© features and others made and kept us the runaway #1 in manufactured housing trade publisher for a dozen years and counting. 

 

 

Manufactured Housing Industry Investments Connected Equities Closing Tickers

Some of these firms invest in manufactured housing, or are otherwise connected, but may do other forms of investing or business activities too.

• • • • • • • • • • • • • • NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry lender
                          • NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
                          • NOTE: Deer Valley was largely taken private, say company insiders in a message to MHProNews on 12.15.2020, but there are still some outstanding shares of  the stock from the days when it was a publicly traded firm.  Thus, there is still periodic activity on DVLY.

‘Blackrock Weaponizing ESG’– State AGs Probe MHCommunities Owner, Private Equity Giant Blackrock on Possible Antitrust, Securities, Fiduciary Violations, See AGs’ Document; plus MHStocks Update

Manufactured Home Communities (a.k.a. ‘Mobile Home Parks’ – SIC) – Exploring UMH Properties; Fellow Manufactured Housing Institute Member Yes! Communities Suits and Settlements; plus MH Markets Updates

 

• • 2022 …Berkshire Hathaway is the parent company to Clayton Homes, 21^st Mortgage, Vanderbilt Mortgage and other factory-built housing industry suppliers.
    · LCI Industries, Patrick, UFPI, and LP each are suppliers to the manufactured housing industry, among others.
    · AMG, CG, and TAVFX have investments in manufactured housing related businesses. For insights from third-parties and clients about our publisher, click here.
    Enjoy these ‘blast from the past’ comments. MHProNews. MHProNews – previously a.k.a. MHMSM.com – has celebrated our 11th year of publishing and have completed over a dozen years of serving the industry as the runaway most-read trade media.

Sample Kudos over the years…

It is now 12+ years and counting…

Learn more about our evolutionary journey as the industry’s leading trade media, at the report linked below.

· For expert manufactured housing business development or other professional services, click here.
· To sign up in seconds for our industry leading emailed headline news updates, click here.

Disclosure. MHProNews holds no positions in the stocks in this report.

That’s a wrap on this installment of “News Through the Lens of Manufactured Homes and Factory-Built Housing” © where “We Provide, You Decide.” © (Affordable housing, manufactured homes, stock, investing, data, metrics, reports, fact-checks, analysis, and commentary. Third-party images or content are provided under fair use guidelines for media.) (See Related Reports, further below. Text/image boxes often are hot-linked to other reports that can be access by clicking on them.)

By L.A. “Tony” Kovach – for MHProNews.
Tony earned a journalism scholarship along with numerous awards in history. There have been several awards and honors and also recognition in manufactured housing. For example, he earned the prestigious Lottinville Award in history from the University of Oklahoma, where he studied history and business management. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position and may or may not reflect the views of sponsors or supporters.

 

 

 

 

 

Pew Research Ironically Illustrates Decades of HUD Failure ‘Equity Action Plan’ ‘Small Mortgages’ and Manufactured Housing; plus Manufactured Home REITs, Stocks Daily Business News Update