In a marketing presentation and related that MHProNews/MHLivingNews may explore in the near term, New Jersey based Edison Mobile Estates and Carteret Mobile Park marketing director Maria Dolan said, “It’s not your grandma’s trailer anymore.” True. “People are living in miniscule apartments paying $2,400 a month and when they buy our homes, plus the lot fee, many of them are paying $1,200 a month,” said Dolan. “We are definitely more affordable than the luxury apartments.” Quite so. Dolan Homes is one of dozens of manufactured housing industry organizations that sends emails to MHProNews/MHLivingNews, and that’s not counting press releases from governmental entities, mainstream or industry-focused media, or nonprofits in or beyond the ranks of manufactured housing industry professionals.  A source connected to the Manufactured Housing Association for Regulatory Reform (MHARR) recently told MHProNews that the industry is literally producing its best homes ever. Which is why it is curious and should be troubling to manufactured home industry advocates and investors that manufactured housing production, while rising again, is at the current pace still projected to be lower than the industry collectively achieved in 2022 production. It is a significantly smaller profession than it was in the first two years when Warren Buffett led Berkshire Hathaway first entered the industry in 2002 and 2003. This facts with expert analysis will reveal that the artificially smaller MHVille production is dramatically smaller industry than in 1998, despite population growth. Details on that and more in Part III.

Part I is the production data provided to MHProNews by MHARR for July 2024.

Part II is an IBTS generated report on production from the Manufactured Housing Institute (MHI) website that will be shown below.

Part III is additional information with more MHProNews analysis and commentary.

Part IV is the Daily Business News on MHProNews market report.

Part I

JULY 2024 STATISTICS SHOW HEALTHY  

PRODUCTION INCREASE FOR THE HUD CODE INDUSTRY

Washington, D.C., September 4, 2024 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), HUD Code manufactured housing industry year-over-year production increased in July 2024. Just-released statistics indicate that HUD Code manufacturers produced 7,896 new homes in July 2024, a 28.7% increase over the 6,134 new HUD Code homes produced in July 2023. Cumulative production for 2024 now totals 59,061 homes, an 18% increase over the 50,022 HUD Code homes produced over the same period in 2023.

A further analysis of the official industry statistics shows that the top ten shipment states from January 2023 — with monthly, cumulative, current reporting year (2024) and prior year (2023) shipments per category as indicated — are:

The July 2024 statistics result in no changes to the cumulative top-ten list.

The Manufactured Housing Association for Regulatory Reform is a Washington, D.C.- based national trade association representing the views and interests of independent producers of federally-regulated manufactured housing.

— 30 —

Part II – IBTS Data via Manufactured Housing Institute (MHI) Website.

MHProNews note: the double “the” following this table is in the original.

8/23/2024

                               Q2 2024 Top 10 Production and Market Share by Corporation

REPRODUCTION OF THE THE ABOVE STATISTICS MUST CARRY AN ATTRIBUTION TO IBTS, INC.

*Note work on this data is still in progress by the plants and IPIAs.

Part III – Additional Information with More MHProNews Analysis and Commentary

1) According to MHI endorsed MHVillage’s MHInsider, the following is part of their so-called “What Is The State of the Manufactured Housing Industry?” which carries this subheading.

2024 Updated Industry Facts and Figures

a) That post on MHInsider said the following.

What are the top manufactured home builders by market share?

1. Clayton Homes — 48.98 percent
2. Skyline Champion — 17.76 percent
3. Cavco Industries — 13.04 percent
4. Hamilton Homebuilder 2.91 percent
5. Live Oak Homes — 2.38 percent
6. Legacy Homes — 2.22 percent
7. Jessup Housing — 1.87 percent
8. American Home Star — 1.39 percent
9. Adventure — 1.39 percent
10. Jacobsen — 0.8 percent

b) Above that claimed data is the following.

Manufactured Housing Production

How many manufactured homes were built during 2023?

Thirty-six U.S. manufactured home builders operating from 148 plants across the country produced 89,169 housing units during 2023. Shipment levels decreased slightly with rising interest rates in 2023 but home sales have been steady through the year, with the market exhibit signs of growth.

So, it is unclear based solely on the information in that relatively short MHInsider post if the above is 2023 or 2024 data.

2) MHProNews has demonstrated several times that MHInsider, or for that matter, MHI itself, has published information that is misleading or incorrect. That analysis has been supported by AI powered Copilot cross checks. So, looking at that list above should be considered with several grains of salt. Providing some prior examples.

3) Based on the MHARR data, the total production year to date through July 2024 was 59061. Dividing that by the number of months year-to-date looks like this: 59061/7 = 8,437.2857.  So annualizing that production for the year, if the current production pace held through December would yield the following. 84,37.2857 x 12 = 101,247.4284.

4) MHI has a page that includes this ‘heat map’ that shows which states have a HUD Code manufactured home production center or factory.

5) Left-leaning Axios, citing U.S. Census Bureau data, produced this sobering heat map about a survey conducted during the same time frame for the latest manufactured housing industry production report. Note that even in Washington, D.C., one of the most affluent, parts of the country, almost 1 in 5 are feeling economic stress.

6) The single biggest expense for most Americans is housing. With record ‘peacetime’ federal spending, poverty and homelessness under the Biden-Harris regime has increased. That’s according to federal and other sources, including HUD, which of course is the primary federal regulatory for HUD Code manufactured housing.

7) “Lieutenant Governor David Zuckerman (VT-D) said homelessness is the canary in the coal mine for our economic, moral, and political policies (6.12.2023).” That quote above is also found in a new report on the affordable housing crisis and manufactured housing found on the Patch at this link here.

HUD and MHI are in sometimes different, sometimes similar ways exposing their own failures for those with an eye for details. Having been duly lashed again about failure to produce industry news, despite their claiming to do so, MHI has produced (for them) a flurry of posts on their website. Among their news items for September 2024 is the one dated 9.3.2024 under this headline.

Vice President Harris Announces Plan for First 100 Days, Congressman Plans to Introduce Supporting Bill

Pardon me? If MHI posted an article on what Harris’ housing plan is, where is a similar post on what the Trump-Vance housing plan is? But one must keep in mind that a prominent member of the MHI PAC is Nathan Smith, a prior MHI chairman. Smith is a self-declared never-Trumper. As MHProNews noted in the prior report below, Warren Buffett is another well-known backer of Democratic candidates and causes.

8) MHI’s text under that headline “Vice President Harris Announces Plan for First 100 Days, Congressman Plans to Introduce Supporting Bill” says the following. Detail minded and well informed manufactured housing industry professionals and advocates should note what MHI didn’t say, as well as what MHI did state.

As part of her campaign for president, Vice President Kamala Harris released several elements of her plan for her first 100 days in office. These are priorities that she believes will lower costs for American families. Major topics of the plan include housing and home ownership, medical debt and drug prices, grocery costs, and taxes.

The Vice President’s housing priorities include boosting construction by creating tax incentives for builders of starter homes sold to first-time homebuyers, expanding tax incentives for businesses that build affordable rental housing, a $40 billion innovation fund for local governments to expand construction, and reducing the regulatory burden on construction. The plan includes $25,000 in downpayment support for 400,000 home buyers whose parents do not own a home and a $10,000 tax credit for first-time home buyers. To kick support her plan, Rep. Jimmy Gomez (CA-34) plans to introduce a bill focused on tax incentives to build starter homes for first-time buyers and tax credits for first-time home buyers.

MHI will work to ensure that manufactured housing is included in all the supportive measures should they be considered in Congress.

The plan also mentions supporting the passage of bills that target rent and investor ownership of rental units. Should that occur, MHI will continue to provide clear, data-driven information about for-profit ownership and the economic consequences of rent control to encourage policymakers to make well informed decisions that will benefit homeowners long-term.

Entirely missing from MHI’s remarks are any mention of the Duty to Serve Manufactured Housing (DTS) made federal law by the Housing and Economic Recovery Act of 2008 (HERA).

Also missing from MHI’s remarks are any mention of the Manufactured Housing Improvement Act of 2000 (a.k.a.: MHIA, MHIA 2000, 2000 Reform Act, 2000 Reform Law) and its important “enhanced preemption” provision. For years, MHI has postured support for those laws and their key manufactured housing provisions. But where in practice is their push to put those laws into effect in a manner that would boost manufactured home production back to and beyond its historic levels? What almost a person of influence, lady Lesli Gooch, Ph.D., (pardon me, what are her pronouns?)

9) Wow! MHI is “disappointed.” That was 3.5 years ago that Gooch expressed disappointment during the early days of the Biden-Harris regime. Since that disappointment, millions of Americans have been thrust into financial distress. Who says? The U.S. Census Bureau, Axios, and HUD in its annual report on homelessness to Congress. A key element of the solution, says MHARR, is clear cut. Robustly enforce existing laws.

10) While MHI ‘stands ready’ to provide data to the federal government that NAR, NAHB, and others in conventional housing can do better and faster while advocating for their professions, MHI fails once more to even mention already enacted legislation favorable to manufactured housing that could boost industry production in a robust fashion. Who says? Besides MHI’s prior CEOs, MHARR, an array of pro-consumer nonprofits, and others cited by MHProNews, there are also fact-checks by left-leaning Google’s AI powered Gemini and left-leaning Bing’s AI powered Copilot.

11) It is often lonely to be MHProNews/MHLivingNews in this respect. Who else has provided the industry with the following facts and figures that reveals the authentic trends that reveals the “State of the Manufactured Housing Industry” in 2024? That said, these fact-packed reports with analysis have drawn the documented largest crowd in MHVille trade media, dwarfing MHI and others too. Apparently, fluff and eye candy will only get you so far?

12) Copilot has mocked MHI in this fashion.

On a more serious but still troubling note, Copilot said that MHI’s communication methods were “Orwellian,” and could be described as a “lie,” “false,” and “misleading.”

13) While MHI meets, hands out awards, attempts to honor itself and their hand-picked leaders, tens of millions of Americans are struggling to make ends meet. So, MHI is going to spotlight Harris’ housing plan, after the Biden-Harris pick for HUD Secretary – Marcia Fudge – snubbed her nose at MHI and the industry refusing to implement the MHIA and enhanced preemption properly?

14) Eye-candy ‘heat maps,’ self-serving ‘awards’ and ‘recognition,’ meetings that have as a subtle aim the goal of fostering the impression of professionalism that leads to consolidation, because their efforts have obviously failed to do the important work of actually accomplishing something measurable. Namely, organic growth in production. The data in Part I and Part III #11 proves that point.

15) As litigation often involving members of MHI and/or MHI linked state associations mount, MHI has been busy trying to recruit a new meeting director. Uh huh. Shrewd. That new MHI meetings director job post will surely get the job done for MHVille in D.C. and state capitals, won’t it?

16) Two production trends graphics and the following quotes help tell the true and troubling tale of manufactured housing in the 21st century.

17) Most Americans believe that “the system is rigged.” They believe it is rigged in favor of the well connected, wealthy, and powerful.  The manufactured home industry has been an important missing piece of the puzzle for the affordable housing crisis. If housing were more affordable, the economic pressures felt by large portions of the population would be mitigated.  But what does that matter to the huge conglomerates that are rather visible in the manufactured housing industry? Isn’t it apparent that those conglomerates like the status quo? Didn’t Warren Buffett tell Kevin Clayton he could get whatever capital he needed or wanted to get the job done? Isn’t it obvious that the status quo, at least for now, is what the powers that be desire? Didn’t MHI member Frank Rolfe say that there is no serious desire to solve the affordable housing crisis? Don’t forget, to Buffett, the common man that is put out of work is just “roadkill.”

18) Behind the fox’s smile are sharp teeth. The industry is steadily consolidating, and heat maps and periodic statements about considering the latest housing policy proposal advanced by Democrats are clearly not getting production back to their historic potential. That is the core fact that needs to be kept in mind. Every industry has Key Performance Indicators (KPI). Production is one of those. Profits would be higher, said MHI members Sam and Eugene Landy, if tens of thousands of new developments were being pursued.

19) Maybe MHI, from the perspective of the insiders who have rigged the game in favor of consolidation vs. organic growth for now, is betting that Harris-Walz and the Democrats that are supported by Buffett and so many of the billionaire class will win in 2024.  They might be right. But there are indications that Harris and Walz could lose the electoral college in 2024, based on current polls and trends.

20) Meaning, MHI could be betting wrong by seemingly favoring Democrats once more. MHI had White House access during the Trump years. Did they serious press for enhanced preemption while HUD was being operated by Secretary Ben Carson? Apparently not. There is no evidence, Copilot has said, that Carson ever used those words. Letters are not always read by those whom they are sent to, as your junk mail pile proves. But either way, MHI failed to achieve what they say on paper that they want. Follow the money trail. Follow the facts. Follow the trends. Pay more attention to those details than whatever heat maps, infographics, or other razzle dazzle eye candy MHI want to try next.  As the magicians’ hands are in motion, untold thousands of pockets are being picked.

21) Current and now former lifelong Democrats have said that the party has become the party of the wealthy and powerful and that they have abandoned their roots and base constituency.

22) With Robert F. Kennedy Jr. (RFK Jr.), former higher profile Democratic lawmaker Tulsi Gabbard (HI-D), and self-described moderate Democrat Elon Musk have all come down on the side of Trump-Vance vs. Harris-Walz. In about 60 days, we will know if the MHI strategy in favor of Democrats will pay off or not. Yes, their MHI PAC supports members of both major parties. But what have they done with that paid for support? The MHI PAC leaders, et al, are happy it seems, to slip Republicans a few bucks while they obviously hope that Democrats will win the White House and get control of Congress again. They may be right. But they may be wrong.

23) With all their money, their media, their big tech, the bias, and the election is still a tossup? A well-connected industry insider has told MHProNews that Harris-Walz may win, but it will be a narrow electoral college win, and that will only happen with some cheating.  But if Trump-Vance wins, that source said it will be by a wide electoral college margin.

24) Time will tell. The big debate between Harris and Trump is supposed to be next week. Stay tuned. And more important, vote wisely, and take others to the polls with you that will also vote wisely.  We will soon know if enough Americans are awakening and acting, or not.

25) The industry no longer produces trailer houses. It has been said by MHARR that the industry is producing its best homes ever. Nevertheless, the facts are clear. Production of new HUD Code manufactured housing, while up relative to 2023, is still only a small fraction of what occurred during the peak of the mobile home era. The production is also lower now than before the enactment of MHIA. The KPI of production is a key metric that we at MHProNews and our MHLivingNews sister site will hammer away at until MHI’s leaders are either awash in investigations and litigation that clean up the mess associated with Arlington. Or we will press those pesky facts until the often MHI-linked ‘leaders’ of the industry begin to seriously focus on and achieve the product’s true potential in terms of millions of happy customers and millions of more manufactured homes being produced. We’ll keep shining a light because it is proven that there are times when the squeaky wheel is what is necessary to root out corruption and wrongdoing in a rigged system.

It has been said that no one covers the manufactured home industry like we do. Who said?

Charles “Chet” Murphree at Deer Valley, we still think about you and miss you. A tip of the hat to Chet and other colleagues now passed on to their great reward.

The market segment of today’s report and analysis is up next. ##

Part IV

Our Daily Business News on MHProNews stock market recap which features our business-daily at-a-glance update of over 2 dozen manufactured housing industry stocks.

NOTICE: following the TPG deal with CAPREIT, TPG has been added to our tracked stocks list below.

This segment of the Daily Business News on MHProNews is the recap of yesterday evening’s market report at the closing bell, so that investors can see-at-glance the type of topics may have influenced other investors. Our format includes our signature left (CNN Business) and right (Newsmax) ‘market moving’ headlines for a more balanced report.

The macro market moves graphics below provide context and comparisons for those invested in or tracking manufactured housing connected equities. Meaning, you can see ‘at a glance’ how manufactured housing connected firms do compared to other segments of the broader equities market.

• In minutes a day, readers can get a good sense of significant or major events while keeping up with the trends that may be impacting manufactured housing connected investing.

Headlines from left-of-center CNN Business – 9.4.2024

• The Murdoch family is secretly battling over succession. News outlets are asking a court to make it public
• Biden prepared to block US Steel purchase by Nippon Steel
• On September 6, Chipotle is launching its first-ever costume collection featuring a napkin, fork, water cup, burrito and to-go bag.
• Chipotle and Spirit Halloween are launching a costume collection
• Nvidia is suddenly in trouble
• Hotel workers on strike at the Hilton San Diego Bayfront on September 4.
• Most striking hotel workers are back on the job, but the strike continues in San Diego
• A security guard stands next to a sign at Meta headquarters on February 02, 2023 in Menlo Park, California.
• ‘From the River to the Sea’ is not hate speech, Meta’s Oversight Board rules
• Dollar stores are struggling. Blame Walmart
• Clothes at the Shein popup store in New York in 2022.
• US regulators want to investigate Shein and Temu over ‘deadly’ baby products
• Jason Kolb, with Allied Universal Services, right, front, talks with prospective job applicants at a job fair on August 29, 2024, in Sunrise, Florida.
• America has the fewest jobs available since January 2021
• People pose and take photos with the new Mona M03 electric vehicle by Chinese EV manufacturer XPeng, during its launch in Beijing on August 27, 2024.
• The ‘glory days’ for global automakers in China are over
• The company formerly known as Lumber Liquidators is going out of business
• McDonald’s is giving its McFlurry a makeover
• This week could shift the focus of a key narrative for Harris and Trump
• Brazil’s president says world doesn’t have to put up with Elon Musk’s ‘far right’ ideology just because he’s rich
• SEC fines six major credit rating agencies over failure to keep electronic records
• Elon Musk’s attacks on Kamala Harris become more unhinged, with help from AI
• Viral videos of people stealing money from Chase ATMs were just plain check fraud
• Dow falls by more than 600 points as September turns ugly
• Costco’s first membership price hike in 7 years just went into effect
• It’s not just you. More weird spam is popping up on Facebook
• Hewlett Packard won’t drop its $4 billion UK claim against Mike Lynch, who died along with his daughter when his yacht sank
• Want job security in this uncertain market? A surprising trend is paying off
• America’s massive hotel strike just got even bigger

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Headlines from right-of-center Newsmax – 9.4.2024

• At Least 4 Dead, 9 Wounded in Ga. High School Shooting; Suspect in Custody
• Police gather at Apalachee High School outside of Atlanta after a shooting there Wednesday.
• After the latest chapter of America’s gun violence crisis, people gathered at a sports field outside Apalachee High School, some forming a circle with their arms linked. The grim episode unfolded as classes resume across the country. [Full Story]
• Israel at War
• Meta Board: Don’t Scrap Pro-Palestine ‘River to the Sea’
• Court Clears Bereaved Israelis to Claim $43M
• US Charges Hamas Leader, Other Militants in Connection with Oct. 7 Massacre in Israel
• Danish Police Detain Activist Thunberg During Gaza Protest
• Pivotal Consumer Boycotts: From Apartheid to Gaza
• IDF Extends Jenin Operation as City Becomes Terror Hotspot
• Doug Emhoff ‘Gutted’ After the Hostage Killings in Gaza
• Israel Police Rip State Atty for Failing to Charge Hamas
• Norway Wealth Fund May Divest From Firms Aiding Israel
• Activists Block Entry to Columbia on Day 1 of Classes
• IDF Kills Infamous Hamas Terrorist From Viral Oct. 7 Video
• Newsmax TV
• H. GOP Chair: Harris Will Have Trouble In State
• Karoline Leavitt: Trump ‘Doesn’t Need Typical Debate Prep’
• Trump Lawyer Scharf: ‘Absurd’ NY Case on Political Timeline
• Texas AG: Judges May ‘Step In’ on Kennedy Withdrawal Fight
• Friedman: DOJ’s Hamas Indictment ‘Really Stupid, Futile’
• Caroline Glick: ‘Significant Number’ of Jews Will Vote Republican
• Hoenlein: Iran’s Proxies Real Target- Democracies in Israel, US
• Grenell: US Must Learn From Europe on Illegals
• Newsfront
• Comm. Subpoenas Walz On Nonprofit’s Alleged Fraud
• Members of the House Education and the Workforce Committee subpoenaed Minnesota Gov. Tim Walz, the Democratic Party’s vice presidential nominee, for questioning concerning a nonprofit in his state accused of misusing $250 million during the COVID-19 pandemic. … [Full Story]
• CNN Poll: 15% of Swing-State Voters Undecided
• A sizable 15% of likely voters in six key swing states say they have [Full Story]
• Related
• ActiVote Poll: Harris’ Lead Over Trump ‘Steadily Cut’
• Harris Teases Small Business Tax Credit to Lure N.H. Voters
• MI Judge Rules RFK Jr. Must Remain on Ballot
• Pollsters Who Called 2016, 2020 Say Harris Losing Steam
• Biden Dispatched to Help Flip Red Wisconsin District
• WDIV/Detroit News Poll: Trump Has Slight Lead in Michigan
• Harris to Propose New Small Business $50K Tax Deduction
• Harris to Pare Back Biden’s Capital-Gains Tax Proposal
• Wall Street Edges Down on Weak Job Data, Dovish Fed
• S. stocks finished slightly down in choppy trading Wednesday [Full Story]
• The tech billionaire is challenging the establishment and the Deep
• Can Elon Musk Save Trump, America? See More …
• The tech billionaire is challenging the establishment and the Deep [Full Story]
• House Dems Aim to Stop Defections in Shutdown Fight
• As Congress prepares for another potential battle over government [Full Story]
• New Allegation: Secret Service at Rally Unprepared
• Josh Hawley, R-Mo., said new whistleblower allegations reveal [Full Story]
• Police Department Warns EVs ‘Not Patrol Cars of Future’
• It appears the police department in South Pasadena, California, [Full Story] | Platinum Article
• Border Agents on Alert After Arrest of Cartel Member
• S. Customs and Border Patrol is on high alert for an increase in [Full Story]
• Ukrainian FM Dmytro Kuleba Resigns; Lviv Strike Kills 7
• Foreign Minister Dmytro Kuleba, one of Ukraine’s most recognizable [Full Story]
• Related
• Russia: School Strike Targeted Soldiers, Foreign Instructors
• Zelenskyy Calls for Support for Long-Range Strikes After Lviv Attack
• Putin Gets Lavish Welcome in Mongolia Despite ICC Warrant
• Zelenskyy: Seized Russian Region to Be Held Indefinitely
• UN Watchdog: Conditions ‘Very Fragile’ at Ukraine Nuclear Plant
• Russian Missile Kills 50, Wounds 200 in Ukrainian City of Poltava
• Fed Survey: US Firms See Slowing Economic Activity
• Fed Survey: US Firms See Slowing Economic Activity
• S. economic activity expanded more slowly from mid July through [Full Story]
• Task Force on Trump Shooting Wants Local Police Interviews
• The House task force investigating the attempted assassination of [Full Story]
• Navy Commander Fired After Photo Sparked Ridicule
• Cameron Yaste, the commanding officer of the destroyer USS John S. [Full Story]
• Biden Preparing to Block Nippon’s US Steel Takeover
• The Biden administration is close to announcing it will block Nippon [Full Story]
• Texas AG Sues County Over Voter Registration Plan
• Texas Attorney General Ken Paxton filed suit Wednesday against one [Full Story]
• 4 Dead in Georgia High School Shooting
• The Georgia Bureau of Investigation said Wednesday that four people [Full Story]
• Musk’s X Wins Appeal to Block Part of Content Law
• Elon Musk’s social media platform X on Wednesday won an appeal to [Full Story]
• US Sailor Detained in Venezuela
• A U.S. Navy sailor has been detained in Venezuela since Friday, Aug. [Full Story]
• DOJ Showing Two Standards on Presidential Power
• S. prosecutors pushing ahead with their case against Donald Trump [Full Story]
• US Army Smallest Since 1940; Navy, Air Force Down
• The U.S. Army is at its smallest size since pre-World War II after [Full Story]
• Biden Admin Accuses Russia of Election Interference
• The Biden administration announced wide-ranging actions Wednesday [Full Story]
• Hochul Aide Charged With Acting as Chinese Agent
• A former aide to New York Gov. Kathy Hochul was charged with acting [Full Story]
• Related
• China ‘Actively’ Working to Disrupt US Defense Industry |Platinum Article
• US Judge Says X Must Face Class-Action Age-Bias Suit
• A federal judge in San Francisco has ruled that roughly 150 older [Full Story]
• USA Today Poll: Harris Ahead With Low-Income Voters
• Lower-income voters are supporting Democrat nominee Kamala Harris by [Full Story]
• WSJ Analysis: Migrants Stocking US Labor Force
• As the United States experiences its largest immigration wave in [Full Story]
• Dems Eye Rare Ga.-N.C. Sweep With Harris
• Vice President Kamala Harris’ surge in the polls after replacing [Full Story]
• US Job Openings Fall to 3-1/2-Year Low of 7.67M in July
• S. job openings dropped to a 3-1/2-year low in July, suggesting the [Full Story]
• Officials: Chicago Train Shooting Victims Sleeping
• A man suspected of killing four people aboard a Chicago-area transit [Full Story]
• GOP’s School Christianity Push Faces Legal Battles
• Republican leaders who have been trying to push Christianity into [Full Story]
• US Envoy to Taiwan: Ties ‘Rock Solid’ Amid China Threat
• The top U.S. envoy to Taiwan on Wednesday said American support for [Full Story]
• Russia: West Threat Forces Change to Nuclear Doctrine
• The Kremlin said Wednesday that Russia was adjusting its nuclear [Full Story]
• Reagan Speechwriter: The Tyranny of the Teleprompter
• Vice President Kamala Harris’ aversion to formal press conferences [Full Story]
• More Newsfront
• Finance
• Harris Bucks Biden With Capital Gains Tax Below 39.6%
• Democrat presidential nominee Kamala Harris is planning to propose a less drastic increase in the top capital gains tax rate, The Wall Street Journal reported Wednesday…. [Full Story]
• Related Stories
• How Long Can Left Cover For Harris’ Mangled Messaging?
• 56 Percent: Cutting Taxes on Business Good for Economy
• Documents: Biden’s 44% Capital Gains Tax Is Race Based
• Biden’s 44.6 Percent Capital Gains Tax Proposal a 100-Year High
• 56%: Cutting Taxes on Business Good for Economy
• How Long Can Left Cover For Harris’ Mangled Ideas?
• Hydrogen Hubs Bring Opportunity to Hispanics
• Harris Wants to Take All Freedoms Away
• More Finance
• Health
• Foods That Aid Digestion and a Better Night’s Sleep
• There’s nothing worse than suffering from heartburn when you’re trying to get a good night’s sleep. Consuming that huge bowl of pasta or scarfing down a steak and potatoes for dinner, not to mention that late night ice cream or cookies, can disrupt digestion, which can lead…… [Full Story]
• Experimental Hydrogel Slows Arthritis Progression
• Smashing Pumpkins’ Billy Corgan Embraces Birthmark After Years of Hiding It
• Moderna’s MRNA Mpox Effective in Monkey Trial
• 57 Million Tons of Plastic Pollution Created Yearly

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Notice: MHProNews invites the firms or organizations named in these reports to respond to any concerns about possibly inaccurate information via email that identifies the concern and offers evidence that sheds a different light on the topic discussed. That said, until 5.9.2024, neither MHI nor most MHI publicly traded ‘insider brands’ have done so. They’ve been repeatedly invited to do so, including but not limited to an outreach on Dec 7, 2o23 and Feb 25, 2024. In the case of that response linked above, no apparent reply was given to follow up inquires by MHProNews. 

APO = Apolo Global Management – bought Inspire Communities

BAM = Brookfield Asset Management – owns and invests in manufactured home communities (MHCs).

BLK = BlackRock – conglomerate has investments in firms and operations involved in manufactured housing.

BRK-A = Berkshire Hathaway – includes outright ownership of Clayton Homes, 21st Mortgage Corp, Vanderbilt Mortgage and Finance, other manufactured home industry linked firms (MHC brokerage, suppliers, etc.).

BX = Blackstone – Blackstone Group LP has made its first big bet on manufactured housing by buying a portfolio of communities sold by Tricon Capital Group Inc.

CDPYF = Canadian Apartment Properties Real Estate Investment Trust – also has manufactured home communities (MHCs).

CIGI = Colliers International Group Inc. – The Manufactured Housing and RV Group “We Assist Owners and Investors with Disposition, Acquisition, and Financing for Manufactured Housing Communities and RV Parks.”

CG = The Carlyle Group – has manufactured home communities investments.

CSGP = CoStar Group – is commercial real estate’s leading provider of information, analytics and online marketplaces. They acquired listing service Homes.com.

CVCO = Cavco Industries – manufactured home and other factory-built housing production, retail, finance, insurance.

ECNCF = ECN Capital Group – includes manufactured home lender Triad Financial Services.

ELS = Equity LifeStyle Properties – includes land lease manufactured home communities (MHCs), but also RV and marine slips holdings. Also has captive manufactured home retail operations, and parent to Datacomp/MHVillage.

FGF = FG Financial Group – FG Communities “Owns and Operates Growing Portfolio of Manufactured Housing Communities.” KEY = KeyCorp – manufactured home community financing and manufactured home single-family mortgage financing.

KMMPF = Killam Apartment REITs- (includes manufactured home communities (MHCs).

LCII = LCI Industries – components for the manufactured home industry and others (RVs, housing, etc.).

LEGH = Legacy Housing – produces manufactured homes, tiny houses, retail, and captive finance operations.

LPX = Louisiana Pacific Corporation – components for the manufactured home industry and others (housing, etc.).

MHC-UN.TO = Flagship Communities Real Estate Investment Trust (REIT).

MHPC = Manufactured Housing Properties – land lease manufactured home communities (MHCs).

MMI = Marcus and Millichap – commercial real estate brokerage services that include land lease manufactured home communities (MHCs).

NOBH = Nobility Homes – produces and offers captive retail, financing, and insurance services for HUD Code manufactured homes and modular homes.

PATK = Patrick Industries – components for the manufactured home industry and others (RVs, housing, etc.).

SKY = Skyline Champion – produces and offers captive retail, financing, and insurance for HUD Code manufactured homes and modular homes.

SUI = Sun Communities – includes land lease manufactured home communities (MHCs), but also RV and marine slips holdings. Also has captive manufactured home retail operations.

TPG = TPG includes land lease manufactured home communities (MHCs) among a broader basket of investments.

UMH = UMH Properties – includes land lease manufactured home communities and captive manufactured home retail, leasing, and financing operations.

UFPI = UFP Industries – components for the manufactured home industry and others (housing, etc.).

• • • NOTE 1: Chart above of manufactured housing connected equities includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry finance lender.
    • NOTE 2: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).
    • NOTE 3: 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.
    • Note 4: some recent or related reports to the REITs, stocks, and other equities named above follow in the reports linked below.
    • Note 5: Gifts of Sight and Insights, What’s in Store for 2024? Including 2023 Year End Reflections, manufactured homes, manufactured housing, mobile homes, MHVille, USA Snapshots, Manufactured housing industry year in review 2023.

 

2023 …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.

 

 

2022 was a tough year for many stocks. Unfortunately, that pattern held true for manufactured home industry (MHVille) connected stocks too. See the facts, linked above.

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

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• Note 1: MHVille means manufactured housing industry, MHVille also means artificially smaller manufactured housing (MH) industry,
• Note 2: Manufactured housing, building, factories, retail, dealers, manufactured home, communities, passive mobile home park investing, suppliers, brokers, finance, financial services, macro-markets, manufactured housing stocks, Manufactured Home Communities Real Estate Investment Trusts, MHC REITs.
• Note 3:
  

  APO, Apollo Global Management, BAM, Brookfield Asset Management, BLK, BlackRock, BRK-A, Berkshire Hathaway, BX, Blackstone, CDPYF, Canadian Apartment Properties Real Estate Investment Trust, CIGI, Colliers International Group Inc, CG, The Carlyle Group, CSGP, CoStar Group, CVCO, Cavco Industries, ECNCF, ECN Capital Group, ELS, Equity LifeStyle Properties, FGF, FG Financial Group, FG Communities,  KEY, KeyCorp, KMMPF, Killam Apartment REITs, LCII, LCI Industries, LEGH, Legacy Housing, LPX, Louisiana Pacific Corporation, MHC-UN.TO, Flagship Communities Real Estate Investment Trust (REIT), MHPC, Manufactured Housing Properties, MMI, Marcus and Millichap, NOBH, Nobility Homes, PATK, Patrick Industries, SKY, Skyline Champion, SUI, Sun Communities, UMH, UMH Properties, UFPI, UFP Industries.

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 linked herein. 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, honors and numerous public recognitions for his achievements 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. Kovach is a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHLivingNews.com and MHProNews. MHProNews is ranked as the runaway most read trade media in modern manufactured housing history. Manufactured Home Pro News (MHProNews) is the documented #1 largest and most read source for manufactured housing industry News Tips and Views Pros Can Use, per Webalizer 2.23 (on 5.22.2024) and known data. MHProNews gets millions of visits a year and has significantly more pageviews per visit than CNN or Fox per SimilarWeb’s stats for those two sites (but in fairness CNN and Fox sites get more much more total traffic). Statistics – Data – Infographics – Research – Facts – Evidence – Trends – and manufactured housing industry expert Analysis make us and keep us the runaway most read in MHVille trade media. This article reflects the LLC’s and/or the writer’s editorial views and may or may not reflect the views of sponsors or supporters.