“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 …
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
Markets closed up again today, the first 3 consecutive days of increases on the Dow since November, 2018. In the mix of noteworthy reports this evening for manufactured housing investors and professionals in this item, that even with the trade battle, Chinese are still the #1 foreign buyers of U.S. …
Chinese Buyers Compete With U.S. Buyers for American Housing, Plus MH Markets Updates Read More
One of the items that Kevin Clayton – among others in business – has touted is how their open office spaces are. Egalitarian. Team building. Lots of nomenclature has been tossed about to make it sound, hip, cool, and the way to go. Not so fast, says a new …
It’s one more #nettlesome data-point that must make a certain CEO in Arlington, VA turn red-faced. According to Fannie Mae, and CNBC, “More Americans think it’s a bad time to buy a home.” What’s bad for higher priced homes, and expensive rentals should be good for manufactured homes. Certainly, that …
Capital, other market manipulations, plus an apparent failure by the Arlington, VA based Monopolistic Housing Institute (MHI) to deliver on their self-proclaimed ‘promotion’ of the industry are obvious takeaways from the latest new HUD Code manufactured home (MH) shipment report. But those are not the only problems that the …
2019 Trade Shows, Next Battleground of the Manufactured Housing Revolution? Read More
Despite what some might have (mis)understood about what our publisher wrote recently that included a mention or two of George F. (F?) Allen, the Daily Business News on MHProNews will continue to take a wheat and chaff approach with everyone in our industry, and those outside of MHVille as well. …
New Era in National U.S. Manufactured Home Community Representation Underway? Read More
First, a message from Susan Brenton with NAMHCO and AZMHCA.com to our publisher, L. A. ‘Tony’ Kovach. Tony: Here’s NAMHCO’s statement regarding the Disneyland issue, from President Neal Haney. “It is important to get the nomenclature right – whether it be modular offices or manufactured homes. Trailers are for …
Every part of the headline will be covered in this column and analysis, only the sequence will be mixed. Let’s frame this report simply. Affordable housing is potentially worth hundreds of billions of dollars a year in the U.S. That’s the conclusion of Jeff Bezos’ Amazon Alexa Fund. …
“Since Colorado-based RV Horizons purchased Houlton’s St. Croix Meadows RV Park in the fall of 2015, Town of St. Joseph Town Board has twice voted to deny renewal of the park’s operating license, citing various infractions including failure to pay its bills to the city,” said the Wisconsin-side of …
Don Dion on Seeking Alpha provided an executive summary goes like this. “LEGH’s quiet period is set to expire on Jan. 8, 2019. Our research has demonstrated that prices enjoy a temporary increase around the expiration of quiet periods. Risk-tolerant investors should consider buying shares ahead of LEGH’s quiet …
Legacy Housing IPO (LEGH) Quiet Period Set to Expire, SA’s Don Dion Read More
Here’s the overview for this evening’s report. First, we’ll look at HUD and the U.S. Census Bureau’s November 2018 conventional housing data. Then, compare that to the data that was just published today on HUD Code manufactured homes for November of 2018. Finally, we’ll wrap this evening up …
It is all about knowing what’s wheat, what’s chaff. It is about what’s sustainable, and what’s problematic. It’s about knowing what’s moral or legal, vs. what’s immoral and illegal. The rest are the details and commentary on today’s market plunge, which the Daily Business News on MHProNews market report last …
