Mainstream media sources such as Newsmax have reported that Moody Analytics Chief Economist Mark Zandi told Fortune that home prices in some 183 of the top 413 housing markets are overvalued by more than 25 percent. That could translate into price drops of 5 to 20 percent in the foreseeable …
The Manufactured Housing Association for Regulatory Reform (MHARR) provided the following statements addressed to Federal Housing Finance Agency (FHFA) Director Sandra Thompson. It will be followed by additional information and our Daily Business News on MHProNews REITs, stocks and equities market recaps. August 15, 2022 VIA ELECTRONIC SUBMISSION Hon. Sandra …
The Manufactured Housing Institute (MHI) issued the following message to their members on July 27, 2022. The contrast between what MHI provided to their own members vs. what the Manufactured Housing Association for Regulatory Reform provided to members as well as thousands of nonmembers, public officials, and others engaged on …
“The rapid pace of HPA [Home Price Appreciation] eased to 13.7%, down from March 2022’s record pace of 17.2%. Of the 10 fastest HPA metros, 8 were in Florida (Cape Coral, North Port, Miami, Orlando, Palm Bay, Tampa, Jacksonville and Deltona) with the other 2 also in the southeast (Myrtle …
Cavco Industries (CVCO) has reported another strong quarter that includes some new ‘record’ results. As has been the custom at MHProNews for years, this report will provide the transcript of Cavco’s most recent quarterlies as well as some additional insights, information, and analysis. In this instance, Seeking Alpha has published …
On a recent Rich Dad’s video with Rich Dad Co-Founders Robert and Kim Kiyosaki and their guest Mark Moss, the following statement was referenced by Henry Alfred Kissinger. The German born Kissinger was a former presidential adviser, U.S. Secretary of State, and National Security Adviser to Presidents Richard M. Nixon …
Canadian-based ECN Capital is the parent company to Triad Financial Services (TFS). The quarterly results provide below are provided by ECN’s quarterly Q2-2022 disclosure document, linked here. Their data provides an interesting snapshot from one of the oldest lenders in manufactured housing and one of the industry’s lenders that are …
“Patrick is one of the most exciting thinkers I’ve had the chance to converse with,” said billionaire investor Ray Dalio about Patrick Bet-David, in a quote from his website. “I believe in and follow Patrick Bet-David. He has the drive and the fire to make a difference,” said Steve Wozniak, …
In an email from Matt Stoller and his “Big” newsletter and on his Substack page, Stoller on 8.17.2022 introduced his topic by saying “Today’s issue is written by an anonymous guest-author. It’s about the emergence of the financial model currently ruling America, which is known as private equity, and why …
Preface: prior to diving into the headline report based on AFL’s lawsuit posted further below, some context is useful for newcomers and the thousands of daily readers on MHProNews. From Business Insider (BI) an 8.15.2022 headline proclaims: “Ex-CIA analyst says fallout over raid on Trump’s Mar-a-Lago resembles the lead-up to …
The report below on gubernatorial candidate Kari Lake was published on a day when the manufactured housing markets were mixed and many equities needed…well, politically incorrect “BDE.” RINOs in the GOP are being replaced with “Patriots” willing to fight, said Newsmax’s Wendy Bell on Common Sense’s 3 AM 8.16.2022 replay. …
“Sales of manufactured homes decreased 20% during the six months ended June 30, 2022 from the prior year.” Also, “The macro-economic environment and current housing fundamentals continue to favor home rentals.” And: “We have added an additional 151 rental homes during the first six months of 2022.” So says a few …
Not since Andy Gedo of ManageAmerica has anyone in the Manufactured Housing Institute (MHI) orbit exhibited the ability or desire to publicly question the multi-year thesis advanced here on MHProNews and/or MHLivingNews about what has caused over two decades of manufactured home industry underperformance. This editorial viewpoint will make a …
Representative Cindy Axne’s office has provided MHProNews with the following media release on the hot-button topic of manufactured home communities (MHCs) and resident rights. It will be followed by additional information, MHProNews analysis in brief, and our Daily Business News on MHProNews market recaps. In the release and letter below, …
As a trade publisher, presenting mainstream news on business-political or other items is intended as a ICYMI as well as clarifying the mainstream headlines courtesy for our readers and to set the backdrop for affordable manufactured housing connected events. Better understanding the mix of national events ought to help affordable …
“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. …
It isn’t just Fannie Mae’s Home Purchase Sentiment Index (HPSI) that is telling the public and housing professionals that this is the worst time in a decade for buying a home. A review of housing headlines reveals a range of challenges facing renters, housing seekers, and others. Gas prices …
“Former FBI official Frank Figliuzzi walked MSNBC viewers through what the Miami Field Office had to do to execute today’s search warrant on Mar-a-Lago. “High degree of certainty that it is related to the national archives documents,” he told MSNBC,” The RawStory headline proclaimed: “Time to negotiate is ‘long gone’: …
“I built a nice home for the kids and it’s just taken from me, it’s just taken,” said Eric Jurgensen, who owns a home in a Jefferson County, Missouri manufactured home community that is in the middle of a battle over sewer services impacting nearly two dozen other families. “Somebody …
“If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered.” …
