In a ‘housing alert’ email to association members, the Manufactured Housing Institute (MHI) urged the industry’s professionals to contact their senators and ask them to vote “Yes” on S. 2155. “Passage of this language will ensure that manufactured housing retailers and sellers are not subject to compliance requirements clearly …
The Duty to Serve (DTS) program for manufactured housing industry retailers, communities and potential home buyers took what may be a problematic twist in news revealed, according to a memo obtained by the Daily Business News. The memo to Donald H. Layton, Chief Executive Officer, Freddie Mac – one …
Shopoff Realty Investments has announced the sale of Brookside Mobile Home Park, in El Monte, California. The 72.5 million deal follows the purchase as a joint venture 11 months ago that paid $52.7 million for the property. Shopoff purchased the land-lease community in April 2017 together with Ladder Capital, a New York based …
$19.8 Million Gross 1 Year Increase as Manufactured Home Community Sells for $72+ Million Read More
“If you are not catching flak, you are not over the target” – is an Air Force maxim. Its reverse is equally revealing – “If you‘re catching flak, you‘re over the target.” – and it means you are likely near the mark or are scoring direct hits. There has …
While not everyone has their anticipated costs down on what the pending tariffs announced by the White House will be on a new manufactured home, one HUD Code builder provided costs, and another factory building pro gave the Daily Business News other related facts. It is important to note …
Experts Break Down Anticipated Cost$ of Tariffs on New Manufactured Homes Read More
The final report tonight will also be on steel, and will contain expert insights from manufactured housing producers. Commerce Secretary Wilbur Ross is responding in tonight’s video clip to the concerns coming often from Republican sources, as a number of Democrats are happy about the tariff announcements. That will be …
MHPros Sound off on Steel Deal, Wilbur Ross Reacts to Controversy, Plus MH Market UPdate$ Read More
When you seriously engage the public on the topic of manufactured homes, perhaps especially when it involves tornado safety, you better be thick skinned. The following are examples of real comments, from real people… “Bull-sh-t!” “Mother-f-cker!” “Liar!” …are just some of the hundreds of posted feedback received – …
It’s a threat to this industry, and the majority of Americans, unlike any the U.S. has experienced before. Who says? ‘The Nation,’ a self-described progressive publication in a series of reports on monopolies that specifically mentions manufactured housing, and Warren Buffett’s brands. But as other reports linked reflect, this …
To say that President Donald J. Trump’s announcement of tariffs have roiled voices across the political spectrum would be an understatement, which will be part of our market focus tonight. There’s more to this than may initially meet the eye, as an expert explain. If you’re new, already hooked on …
The pre-announced move in Warren Buffett’s annual letter of Berkshire Hathaway deeper into the housing market was already realized today, as Cobb Business Journal announced that “Silverton Mortgage Specialists Inc., with three locations in Cobb County, announced that it has signed a definitive agreement to join the Berkshire Hathaway family …
“The Flathead County Board of Adjustment will discuss project on March 6,” says the Flathead Beacon. “On March 6, the Flathead County Board of Adjustment will consider a conditional-use permit that would allow for a manufactured-home park with 122 rental spaces in Evergreen,” per the their report. “Evergreen …
Just over 50 years have elapsed since then President Lyndon B Johnson announced the formation of the Kerner Commission. It was formed in response to race riots protesting poor housing, insufficient jobs, educational, and other issues in Detroit and other cities across the country. In the vintage video below, the …
Housing, Jobs, Poverty, Opportunity – Kerner Commission Remix, HUD and Manufactured Homes Read More
He’s worth millions. He’s directed hit, and critically acclaimed movies, like “Rise of the Planet of the Apes.” Rupert Wyatt is doing season two for The Exorcist, which runs on Fox is based upon the 1973 film of the same name, based upon William Peter Blatty’s chilling book …
‘Tricked Out Trailer’ – Movie Mogul’s Multimillion ‘Mobile Mansion’ Read More
You don’t have to spend a lot of time on regulatory comments, if you still want to get them in tonight by 11:59 PM. The TMHA’s comments are brief, and one of several examples, linked further below. Recent research by the Daily Business News reveals that the HUD Comments could …
HUD Reg Review Could Yield Housing, Econ Boom; Plus MH Market UPdate$ Read More
Sales meetings are important. But there are some things so urgent, and today could be one of them, that requires that the meeting be pushed back for the moment. Get More MH Lending…from HUD?! Yes, you can… The opportunity to open up more good loans from FHA Title I …
DEADLINE! Invest 1 Hour NOW to Secure Brighter Future – Monday Morning Sales Meeting Read More
When examining an industry or an issue, such as the manufactured housing and regulations that impact an industry, common sense dictates that one spend time looking at the proverbial elephants in the room. In manufactured housing, one elephant in the room is arguably Warren Buffett, Berkshire Hathaway and companies such …
In the Spokesman Review, real estate author Tom Kelly points to the use of FHA Title I loans as a way for manufactured and conventional home owners to borrow money for home improvements. All kinds of housing, as they age, require updates, maintenance, or the home owner just may …
Federal Manufactured Home Improvement Loans Are Available, says RE author Tom Kelly Read More
There are important reasons to reach across political, economic, and social divides to gain a fuller perspective of an issue. In the case of housing, the Obama Administration was closing out his time in the Oval Office with a useful insight, reported by left-of-center Politico 18 months ago. It’s …
YIMBY vs. NIMBY, Obama Admin Concept Could Unlock $1.95 Trillion Annually, HUD & MH Impact Read More
Rates have moved closer towards 5 percent. Loan applications are dropping, per the Mortgage Bankers Association (MBA). What was problematic for conventional housing, 2 or 3 decades ago, used to be ‘good news’ for manufactured housing sales. That was then. More recently, the HUD Code manufactured housing …
Mortgage Loans Applications “Tank” Two Looks at Rising Rates, MH Industry Impact? Read More
The manufactured housing (MH) profession is blighted by propaganda from a variety of sources. One example of a routine misstatement of reality – which can have a similar effect as propaganda – that has hurt the MH Industry, but has recently been debunked, and is linked below. Weather Expert’s …
