“More than 800 houses, condominiums and other dwellings were destroyed in Mexico Beach, nearly half of the town’s residential units, according to a report in the Wall Street Journal. Of the residences still standing, less than 400 have both electricity and running water,” said the Weather Channel about the aftermath of …
The media release from HUD reported below is one of dozens of such incidents that are discovered every year, year after year. Manufactured home community owner Marge Clark recently told MHProNews that in her view, perhaps the largest competitor to affordable manufactured homes is arguably subsidized housing. Subsidized Housing vs …
HUD Office of Inspector General Breaks Up Section 8 Scam Read More
Given the nature of the internet, bad news in one part of the country travels nationally and globally. So, while this specific incident may or may not seem to be in your market(s), or that of some professional that you know, this Gannett Company media series of exposés could well …
On the day before a week-long manufactured home industry business trip, the top of my to-do list would not normally have included going to a men’s conference. But a retired-younger Army major and former law enforcement officer invited me to go, so that’s where some of these thoughts came from …
“Whatever It Takes,” Hard As Nails Men’s Conference, and Manufactured Housing Read More
November rain is part of the title that the Department of Justice’s Assistant Attorney General Makan Delrahim gave to this talk. As close readers of the Daily Business News on MHProNews have noted, there is a growing strain across the left-right divide that are calling for more vigorous …
The video quality isn’t world class on the first short flick below, but the message is thought provoking and challenging in a positive way. The second video from the Wall Street Journal is just fine, and both complement each other in maybe 7 minutes total. All progress comes not …
“Whose Got a Problem?” Coach Lou Holtz Wisdom = “If Enough People Care” Read More
PricewaterhouseCoopers (PwC) is a multinational professional services network headquartered in London, United Kingdom and PwC ranks as the second largest professional services firm in the world, says the firm’s website. Their revenue in 2018 was reported at $41.3 billion USD, roughly 5¼ times the size of all manufactured housing industry sales …
Kevin Clayton. Clayton Homes. Manufactured housing. Geico Insurance is mentioned in Buffett’s latest annual letter. The glories of float, compound interest, and reasons for buying that gecko symbol insurance brand is part of what is promoted in Warren Buffett’s annual cover letter to Berkshire Hathaway (BRK) shareholders. But the 6 …
6 Things Missing From Warren Buffett’s Annual Letter Read More
Let’s be clear. The publishers of MHProNews are political independents. We believe that affordable housing is a non-partisan issue. A new report stresses the notion that Democratic and Republican lawmakers can and are working across the partisan political divide to promote manufactured homes as an important part of the solution …
A new report by CoreLogic revealed a perhaps surprising find to some. Higher priced homes gained in value the least, while the lowest priced tier of homes gained in value the most in their tracked period. Some bullets from CoreLogic: National prices increased 4.7 percent year over year in December. …
Lower Priced Homes Increase Most, Per Latest Housing Data from CoreLogic Read More
Sources who retail homes produced by CMH and/or are connected to Clayton Homes in other ways have told MHProNews about wholesale customer experiences that have caused independents concerns. Anecdotal stories will illustrate the various concerns of independents who sell CMH product. ‘I get [retail] customers who shop us, and have or …
Independent Clayton Retailers – Insiders, High Cost of Going Along to Get Along? Read More
Let’s begin by stating the obvious for clarity. We are not your attorney. That said, there are over 15 million hits on Google this morning, with the top results citing laws and legal precedents that make it clear that conversations or statements made in public are subject to audio or …
Headlines, good or those viewed as problematic, continue to fuel sharps spikes and falls in the major markets on Friday. Better than expected jobs, Fed Chair Jerome Powell’s comments, and some added data points will be our focus for this evening, when almost all tracked manufactured home stocks rose. …
Jobs Blowout, Fed Comments, Markets Leap, Plus MH Markets Mostly Rise, Update$ Read More
When you see and hear what Federal Reserve Chairman Jerome Powell actually said, the economy is doing well. The markets are suffering, in part due to comments and rate hikes that he and his colleagues at the FED have made. Powell spoke, the markets sank. A closer look will be …
Fed Rate Hike, Chair Jerome Powell Comments Send Broader Markets, Most MH Equities Reeling Read More
The timing of the Legacy Housing IPO is an interesting. The firm is attracting attention on its own merits from investors and analysts, who – for example – note that the two principles will have some 57 percent of the stock. The solid growth track-record for Legacy (LEGH), …
With Storm Clouds Over Cavco, Eyes on Legacy Housing (LEGH) IPO Today Read More
Foreword: a Manufactured Housing Institute (MHI) member messaged our publisher, “You seem to have conceptual IQ [and] that is more important than spelling ability.” That there are divisions in manufactured housing ought to be self-evident. That’s true for any industry or large group. But among the many questions …
