Berkshire Hathaway owned Clayton Homes and Vanderbilt Mortgage and Finance (VMF) are well known, dominating brands in manufactured housing. So, it should be of interest to the industry’s independents, who often have no choice but to deal with the marketplace realities of Clayton and VMF. This Daily Business News …
Broader markets rose today, as did many of the manufactured housing industry tracked stocks. But among the more talked-about issues by investment watchers and business sites this afternoon are the growing concerns that the partial federal shutdown will have more of an economic impact than was initially thought. That will …
Let’s be clear, the Daily Business News on MHProNews believes in correct terminology and many points that have been shared over the years. That said, this column recently spotlighted an “epic” mobile home commercial. That prior, recent report, is linked via the text/image box below. New Year’s Respect for Those …
State officials and an ABC Action News are reporting on an eight-month long investigation of state human trafficking that involved teen age victims used as “sex slaves.” Florida’s newly-installed State Attorney General, Ashley Moody said that, “This case is just one example of how I will work daily with my …
Teen “Sex Slave” in “Mobile Home Park” – Kid Lured by Gaming App, per ABC, State Officials Read More
It is no secret that MHProNews believes in applying similar principles of accountability to an association that one should apply to a successful, ethical business. If there was a business manager or company president that year-after-year, failed to deliver, what would happen to such a professional? What happens to …
The Town of Fallsburg organized a forum in response to growing complaints about FoxCroft Village, where Paula Frumkin, president of the community’s homeowners association, was one of the residents who spoke on Jan. 23, 2018. The situation deteriorated since then, she said, per the Record Online. “We have more empty …
Go ahead, say it. Naïve, idealistic, rash, foolish, or a crusader who believes that the only way that positive change occurs is by intelligently challenging the status quo. That challenge can and should be honorable, and it can and should be profitable. So, pragmatism and reason are involved. Over the …
“This is historic,” said San Jose Vice Mayor Magdalena Carrasco, per the Mercury News. Councilman Johnny Khamis expressed what they described as sticker shock, saying, “This seems exorbitant for recycled metal boxes, quite frankly.” The price per unit? The ‘all in’ cost is said to be some $600,000 for …
Manufactured Homes Shunned by City for Higher Cost Container Housing Read More
What happens with jobs, businesses, stock markets, and the economy clearly have an impact on the nation, of which manufactured housing is a part. For close readers of the Daily Business News evening market report here on MHProNews, there is a notably strong corollary between what the broader markets …
“Playing Politics” – Immigration, Border Battle, and Manufactured Housing Read More
The markets closed down modestly today, the first dip in a week. Manufactured home connected tracked stocks closed mixed. Our focus this evening will be two firms that already have enormous economic influence, Amazon and Apple – both of which have their own initiatives involving factory building. While the Daily …
Imagine a system methodology or modus operandi (M.O.) that win, lose, or a even a so-so outcome was still rewarded. Hold that thought for later. Next, let’s turn to the Manufactured Housing Institute’s latest ‘news’ update to their members. Using the ‘wheat and chaff’ approach to analysis, MHI provided two …
Useful Manufactured Housing Institute Provided Info, MHI M.O. Revealed Read More
Among the obvious questions that will be asked is this. Will a “huge” new sale of some 140 manufactured homes announced for February, 2019 compete with the Louisville and Tunica Manufactured Home Shows? In a release to the Daily Business News, on MHProNews, are the following insights and exclusives. Reserve …
“Huge” February 2019 Manufactured Home Sale Announced, Competes with Louisville, Tunica? Read More
Being the world’s richest man, at least for now, doesn’t mean that every decision you make is a smart. On the 5th day running for rising markets, which are now out of correction territory and up 10 percent since their lows last year, we’ll look at Bezos, those risky and …
“Cari Gorman-Salisbury owns a 2-acre lot surrounded by R1L-175 zoning which limits property owners to site-built structures. Mistakenly believing her property, acquired in 2017, provided for manufactured homes, she bought one and had it delivered one day in September to the property located on the west side of Orme …
“At the center of a perfect storm of boomer burnout, a brutal recession, and a rapidly changing industry, the mobile home retail market could be the worst industry in America. Here’s why,” wrote Derek Thompson as his subheading on a story for the Atlantic, a popular progressive news …
Imagine for a few moments that a law would allow you to place a new HUD Code manufactured home someone wants to purchase in one of the numerous areas where they are currently being zoned out by local officials. There is arguably no need to imagine that, because that …
The Minnesota Valley Action Council (MVAC) and city of Mankato officials met with mobile home owners, community owners and management, plus representatives of the United Community Action Partnership to discuss the initiative second phase of a project to replace older mobile homes there. MVAC and Mankato hope to replace …
Mobile Home Replacement Plan Offers Upgrade to Manufactured Homes Read More
On the fourth day in a row that markets rose, and most manufactured housing industry tracked stocks rose as well, we will look at reports on data that may help explain why markets dropped in December, 2018. That will be this evening’s featured focus. If you’re new, already hooked …
Why Did Stocks Tank in December? Plus Manufactured Home Stock Market Updates Read More
One advantage that HUD Code manufactured homes have over other types of factory building that keeps costs lower is that it is federal and enjoys the enhanced preemption established by the Manufactured Housing Improvement Act (MHIA) of 2000. There are some items that the Daily Business News on …
Surprising Discovery on Manufactured Housing’s Enhanced Preemption, Hidden Gem$ Read More
Shutdown theater continues in Washington, D.C. So, yesterday afternoon, the U.S. Department of Housing and Urban Development’s Federal Housing Administration (FHA) requested that approved lenders consider the financial hardships caused by the partial federal shutdown. That press release is below, including a letter linked from FHA’s Brian Montgomery. …
FHA Call to Lenders on Workers, Contractors, re: Federal Government Shutdown Read More
