“The [National Association of Home Builders] NAHB/Wells Fargo Housing Market Index (HMI) is based on a monthly survey of NAHB members designed to take the pulse of the single-family housing market. The survey asks respondents to rate market conditions for the sale of new homes at the present time and in the next six months as well as the traffic of prospective buyers of new homes,” said the National Association of Home Builders (NAHB) on 10.18.2022.  The obstacles and opportunities (Ops+Obs) these and similar inputs have on manufactured homes will be examined further into this report and analysis

Methodology

The NAHB/Wells Fargo HMI is a weighted average of three separate component indices: Present Single-Family Sales, Single-Family Sales for the Next Six Months, and Traffic of Prospective Buyers. Each month, a panel of builders rates the first two on a scale of “good,” “fair” or “poor” and the last on a scale of “high to very high,” “average” or “low to very low”. An index is calculated for each series by applying the formula “(good – poor + 100)/2” or, for Traffic, “(high/very high – low/very low + 100)/2”. 

Table 1.  NAHB/Wells Fargo National and Regional Housing Market Index (HMI)
NATIONAL
(Seasonally Adjusted)		2021                                2022
		Oct.	Nov.	Dec.	Jan.	Feb.	Mar.	Apr.	May	Jun.	Jul.	Aug.	Sep.	Oct.
													Revised	Prelim.
Housing Market Index		80	83	84	83	81	79	77	69	67	55	49	46	38
Housing Market Index Components
Single Family Sales: Present		86	89	90	89	89	87	86	78	76	64	57	54	45
Single Family Sales: Next 6 Months		84	84	85	82	80	70	73	63	61	49	47	46	35
Traffic of Prospective Buyers		65	69	71	69	65	66	61	53	48	37	32	31	25
REGIONAL HMI
(Seasonally Adjusted)		2021                               2022
		Oct.	Nov.	Dec.	Jan.	Feb.	Mar.	Apr.	May	Jun.	Jul.	Aug.	Sep.	Oct.
													Revised	Prelim.
Northeast		73	69	80	71	76	65	74	76	62	57	48	47	48
Midwest		72	75	76	72	71	74	62	51	55	49	42	42	38
South		84	87	89	86	84	81	82	76	75	60	55	52	41
West		85	88	87	89	91	91	84	74	64	47	42	34	25
REGIONAL HMI – 3 MONTH MOVING AVERAGES
(Seasonally Adjusted)		2021                              2022
		Oct.	Nov.	Dec.	Jan.	Feb.	Mar.	Apr.	May	Jun.	Jul.	Aug.	Sep.	Oct.
													Revised	Prelim.
Northeast		72	70	74	73	76	71	72	72	71	65	56	51	48
Midwest		68	72	74	74	73	72	69	62	56	52	49	44	41
South		80	84	87	87	86	84	82	80	78	70	63	56	49
West		83	84	87	88	89	90	89	83	74	62	51	41	34

 

Table 2.  NAHB/Wells Fargo National HMI – History
(Seasonally Adjusted)
	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec
1985	50	58	54	49	51	54	58	58	56	59	58	57
1986	57	55	57	62	64	65	59	55	57	64	59	64
1987	63	60	60	59	55	56	55	54	52	50	56	51
1988	53	51	51	52	54	49	54	56	53	49	58	60
1989	54	53	48	44	44	45	46	50	51	48	46	43
1990	42	44	40	39	36	36	32	30	31	28	25	22
1991	20	27	36	41	40	42	41	36	37	37	37	35
1992	44	49	46	46	47	45	46	49	48	50	54	56
1993	55	52	53	52	51	53	57	60	62	66	71	71
1994	70	64	61	61	59	57	53	53	50	49	50	43
1995	40	42	40	42	43	45	49	50	51	55	52	53
1996	54	49	59	60	61	59	58	56	55	56	54	55
1997	54	52	57	56	55	56	55	58	59	59	58	60
1998	60	65	66	67	67	70	71	72	71	73	77	78
1999	75	71	71	71	75	77	75	72	72	69	70	70
2000	69	68	64	63	63	58	59	60	60	62	63	57
2001	52	58	60	59	58	59	57	59	55	46	48	55
2002	58	58	62	61	61	61	61	55	63	61	62	63
2003	62	63	56	55	60	63	65	67	67	69	68	69
2004	68	66	66	69	69	68	67	70	67	69	70	71
2005	70	69	70	67	70	72	70	67	65	68	61	57
2006	57	56	54	51	46	42	39	33	30	31	33	33
2007	35	39	36	33	30	28	24	22	20	19	19	18
2008	19	20	20	20	19	18	16	16	17	14	9	9
2009	8	9	9	14	16	15	17	18	19	17	17	16
2010	15	17	15	19	22	16	14	13	13	15	16	16
2011	16	16	17	16	16	13	15	15	14	17	19	21
2012	25	28	28	24	28	29	35	37	40	41	45	47
2013	47	46	44	41	44	51	56	58	57	54	54	57
2014	56	46	46	46	45	49	53	55	59	54	58	58
2015	57	55	52	56	54	60	60	61	61	65	62	60
2016	61	58	58	58	58	60	58	59	65	63	63	69
2017	67	65	71	68	69	66	64	67	64	68	69	74
2018	72	71	70	68	70	68	68	67	67	68	60	56
2019	58	62	62	63	66	64	65	67	68	71	71	76
2020	75	74	72	30	37	58	72	78	83	85	90	86
2021	83	84	82	83	83	81	80	75	76	80	83	84
2022	83	81	79	77	69	67	55	49	46	38

 

Table 3.  NAHB/Wells Fargo National HMI Components – History

(Seasonally Adjusted)

Single-Family:  Present

	1985	1986	1987	1988	1989	1990	1991	1992	1993	1994	1995	1996	1997	1998	1999
Jan.	50	59	68	56	59	44	19	44	58	73	45	58	57	64	82
Feb.	61	57	64	55	57	46	25	50	54	69	46	52	54	70	80
Mar.	56	59	64	55	52	41	35	48	56	66	43	62	60	71	78
Apr.	51	64	62	57	48	42	42	48	55	66	44	63	60	72	78
May	53	65	61	58	46	38	40	49	54	64	47	64	58	72	81
Jun.	56	68	60	52	47	39	42	46	55	62	48	62	59	76	85
Jul.	60	62	58	58	49	34	41	48	60	57	51	62	58	78	82
Aug.	63	58	57	61	52	32	37	51	63	57	52	60	61	78	79
Sep.	61	56	56	56	52	33	38	51	64	55	54	59	63	76	79
Oct.	61	67	54	47	51	30	37	53	68	53	59	59	63	80	76
Nov.	60	61	60	61	47	26	38	57	75	56	54	57	62	84	77
Dec.	60	68	56	64	46	23	35	58	73	48	56	58	64	86	77

	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012
Jan.	77	58	61	68	75	77	62	36	19	6	15	15	25
Feb.	76	62	62	70	72	76	61	40	20	7	17	17	30
Mar.	70	67	67	63	73	76	59	36	20	8	15	17	29
Apr.	70	64	66	59	76	73	55	33	18	12	20	15	25
May	70	63	67	66	75	76	50	31	17	14	23	15	30
Jun.	64	64	66	68	74	77	47	29	17	14	17	13	31
Jul.	66	63	66	71	74	76	43	24	15	16	15	15	36
Aug.	66	65	59	73	76	73	37	22	16	16	13	15	38
Sep.	66	61	69	73	73	72	32	20	17	18	13	14	42
Oct.	68	51	67	75	76	74	32	18	14	17	16	17	41
Nov.	69	50	67	75	77	67	33	18	9	17	16	20	49
Dec.	63	59	69	76	78	64	33	19	8	16	16	22	51

	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
Jan.	52	62	62	68	72	79	64	81	90	89
Feb.	51	51	61	65	71	77	66	81	90	89
Mar.	47	51	58	65	77	77	68	79	87	87
Apr.	44	50	61	63	74	74	69	36	88	86
May	48	48	58	63	75	76	72	42	88	78
Jun.	55	53	65	64	72	74	71	63	87	76
Jul.	59	56	65	63	70	74	71	78	86	64
Aug.	62	58	66	65	74	73	73	84	81	57
Sep.	60	63	67	71	70	73	75	88	82	54
Oct.	58	57	70	69	75	74	78	90	86	45
Nov.	58	62	67	69	77	67	77	96	89
Dec.	63	62	65	75	80	61	84	92	90

Builder Confidence Falls for Ninth Straight Month as Housing Slowdown Continues

In another sign that the slowdown in the housing market continues, builder sentiment fell for the ninth straight month in September as the combination of elevated interest rates, persistent building material supply chain disruptions and high home prices continue to take a toll on affordability.

Builder confidence in the market for newly built single-family homes fell three points in September to 46, the lowest level since May 2014 with the exception of the spring of 2020, according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) released today.

“Buyer traffic is weak in many markets as more consumers remain on the sidelines due to high mortgage rates and home prices that are putting a new home purchase out of financial reach for many households,” said NAHB Chairman Jerry Konter, a home builder and developer from Savannah, Ga. “In another indicator of a weakening market, 24% of builders reported reducing home prices, up from 19% last month.”

“Builder sentiment has declined every month in 2022, and the housing recession shows no signs of abating as builders continue to grapple with elevated construction costs and an aggressive monetary policy from the Federal Reserve that helped pushed mortgage rates above 6% last week, the highest level since 2008,” said NAHB Chief Economist Robert Dietz. “In this soft market, more than half of the builders in our survey reported using incentives to bolster sales, including mortgage rate buydowns, free amenities and price reductions.”

Derived from a monthly survey that NAHB has been conducting for more than 35 years, the NAHB/Wells Fargo HMI gauges builder perceptions of current single-family home sales and sales expectations for the next six months as “good,” “fair” or “poor.” The survey also asks builders to rate traffic of prospective buyers as “high to very high,” “average” or “low to very low.” Scores for each component are then used to calculate a seasonally adjusted index where any number over 50 indicates that more builders view conditions as good than poor.

All three HMI components posted declines in September. Current sales conditions dropped three points to 54, sales expectations in the next six months declined one point to 46 and traffic of prospective buyers fell one point to 31.

Looking at the three-month moving averages for regional HMI scores, the Northeast fell five points to 51, the Midwest dropped five points to 44, the South fell seven points to 56 and the West posted a 10-point decline to 41. …”

 

Additional Information with More MHProNews Analysis and Commentary

“How Scary Is The Housing Market? High Mortgage Rates, Low Builder Confidence Have Buyers Spooked,” said the headline on financial news and investor tips sight Benzinga with respect to the above.

Citing the NAHB/Wells Fargo survey data shown above, Benzinga reported that, “Mortgage demand is at its lowest level since 1997, hurting home-builder confidence. In fact, builder sentiment is so bad, it declined for the ninth consecutive month, according to a new study. And it’s getting worse.”

“How bad is it? Builder confidence in the market for newly-built single-family homes fell nine points in October to 45. That’s the lowest level since May 2014 — with the exception of the spring of 2020. (A reading above 50 means a favorable outlook; below indicates a negative),” said Benzinga. “The report comes as affordability is still being negatively impacted by a combination of high-interest rates, ongoing supply chain disruptions for building materials, and high home prices.”

“On a preliminary regional basis, builder confidence in each sector is below 50, some more than others for October: Northeast: 48 Midwest: 38 South: 41 West: 25.

“Housing is still slowing and has more downside to go,” said Jeffrey Roach, Chief Economist for LPL Financial. “Home builders are feeling the impact of slowing demand, as higher borrowing costs weigh on prospective home buyers.” …”

As MHProNews noted in the recent report linked below, there are questions and concerns about the so-called sentiment survey of manufactured housing builders in the number one production/shipment state of Texas.

Fact Check-Texas Manufactured Housing Association (TMHA) and TRERC Research on Manufactured Housing Trends in #1 Production, Shipments Manufactured Homes State; plus MHVille REITs, Stocks Update

Manufactured housing is certainly influenced by interest rates, labor issues, or supply chains, as a few examples that are similar to what impacts conventional builders.  That noted, the advantage – at least hypothetically – is that manufactured homes are inherently more affordable than conventional building.

That inherent affordability is a point that the Manufactured Housing Association for Regulatory Reform (MHARR), a trade group representing the interests of the independent producers of HUD Code manufactured homes, has long pressed for the Manufactured Housing Institute (MHI) to ‘do their stated and claimed job’ or representing “all segments” of the manufactured housing industry. Or, in the alternative, MHARR’s leaders have pressed for the establishment for the creation of a new post-production trade group that MHARR could team up with, as they previously did with MHI to get the Manufactured Housing Improvement Act (MHIA) of 2000 enacted into law.

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Now, the battleground for manufactured housing growth is different than some 22 years ago.  How so? The laws that manufactured housing needs to thrive, especially at times when conventional builders and existing real estate resales are slowing depend to some extent on the issues of zoning/placement, full parity in financing, and the Biden Administration’s problematic press for manufactured housing energy standards that in most areas aren’t required for far costlier conventional building.

Facts, Facts, and More Facts on Manufactured Housing Production and Shipments for all 50 States – What Months of Data Reveal; plus Sunday Weekly MHVille Manufactured Home Pro Headlines Recap

A report is planned for the near term on what MHI has to say about recent and ongoing developments. By comparing and contrasting MHI’s claims with that of MHARR, two features begin to come into focus.

1) Initially, to the untrained eye, MHI appears to share similar goals with MHARR.

2) But as someone begins to peer into the history of manufactured housing, especially in the 21st century, and then looks at the specific statements and claims between MHI and MHARR, sharp contrasts begin to emerge. Those contrasts reflect a notion that affordable housing/manufactured home advocate Doug Ryan at what is now known as Prosperity Now had to say about MHI. Ryan pointedly accused MHI of working to subvert manufactured home lending in a fashion that deftly benefited Clayton Homes. An MHI state affiliate in the Manufactured Housing Executives Committee (MHEC) told MHProNews and the broader industry that Clayton has come to dominate state associations too. Then, in 2014, a pair of MHI state affiliates broke with MHI for what they described in their own words as MHI’s failure to advance their interests.

Rephrasing those points – and numerous others could be cited – a picture emerges that MHI is posturing, paltering, and preening. They say what someone who wants to see manufactured housing grow might expect. But when carefully examined, MHI’s multi-million-dollar annual budget is not used in a manner that is consistent with their stated claims for growth.

That begs the question. Why would some ‘pro-industry’ trade group say they want to see manufactured housing grow and then fail to team with MHARR or do the litigation or other work needed to make manufactured housing attain its much-needed potential to meet the affordable housing needs of millions of Americans? The sobering answer begins to take shape. Underperformance leads to consolidation. Factories have closed during an ongoing affordable housing crisis. Other plants producing HUD Code manufactured homes have been bought up, often by one of MHI’s so-called big three (Big 3), i.e. Clayton Homes (BRK), Skyline Champion (SKY), and Cavco Industries (CVCO). On the community side, a similar process is underway. The collapse of HUD Code manufactured housing production shown in the reports linked and graphics herein explain how MHI has apparently failed at their own stated goal. Once more, that fits the definitions of paltering, posturing, while failing to do what is needed to make good existing laws to be fully and properly implimented.

Learn more from the linked information and watch for a planned new report that examines MHI’s claims in their own words.  Note too that if MHI had a reasonable defense against these evidence-based allegations, then MHI would presumably explain their thinking in an open discussion and/or debate. But MHI has ducked such a debate for years. The more MHProNews pressed this thesis, oddly, the far better funded MHI has deployed an arrange of efforts to duck such a debate, including their apparent efforts to keep MHProNews from attending events that MHI is at.

The bottom line is this. A prima facie case exists that MHI is tool on the part of larger firm to consolidate the industry in a wry method that may initially escape the scrutiny of antitrust enforcers.  Again, see the quotable quotes, and linked reports with analysis that makes each of these evidence-based concerns plain.

 

 

 

 

 

 

Facts, Facts, and More Facts on Manufactured Housing Production and Shipments for all 50 States – What Months of Data Reveal; plus Sunday Weekly MHVille Manufactured Home Pro Headlines Recap

Manufactured Housing Institute Urges HUD, Federal Policy Support Preservation of Land-Lease Manufactured Home Communities – Explore MHI’s ‘Advocacy’ for ‘Mobile Home Parks’ – Friday Facts and Follies

‘In the Business World, the Rear-View Mirror is Always Clearer than the Windshield’–Warren Buffett MHVille Leader Showcases Efforts to Renew American Dream; plus Sunday Weekly Headlines Recap

 

 

What’s tragic is that the lack of affordable housing causes a wide range of social and economic issues. Among them? Those described by pro-manufactured housing researchers who caution against the problematic effects of monopoly power. See that and more linked below.

Daily Business News on MHProNews Markets Segment

NOTICE: Based on feedback, a modification of our Daily Business News on MHProNews recap of yesterday evening’s market report is provided. It will still include our left (CNN Business) and right (Newsmax) ‘market moving’ headlines. The macro market moves graphics will provide context and comparisons for those invested in or tracking manufactured housing connected equities.

Reminder: several of the graphics on MHProNews can be opened into a larger size. Click the image and follow the prompts in your browser or device to OPEN In a New Window. Then, in several browsers/devices you can click the image and increase the size. Use the escape or back key to return.

 

Headlines from left-of-center CNN Business – from the evening of 10.19.2022

• Bigger paychecks
• Your take-home pay could get a boost next year thanks to new tax brackets from the IRS
• It’s been 35 years since the epic Black Monday crash. What have investors learned?
• First on CNN: The economy is headed for a 1990-style recession, Fitch says

• 

  New home building dipped in September, as buyers faced spiking mortgage rates

• Circle K gas stations will soon start selling … weed
• These senators are pushing back on the $25 billion Kroger-Albertsons merger
• Twitterverse vigilance scares LVMH CEO into dumping his private plane
• Walmart, Target and Best Buy will be closed on Thanksgiving
• This bank is trying to keep employees by offering paid leave for menopause
• UK inflation back at 40-year high as food prices soar
• Facing brain drain, Hong Kong plans $3.8 billion ‘trawl’ for global talent
• Girl Scouts of America receive largest ever donation from single donor
• Tesla vehicles are plugged into Tesla charging stations in a parking lot on September 22, 2022 in Santa Monica, California.
• Tesla earnings rebound but still short of earlier this year
• A person prepares to pump gas at a BP gas station on Coney Island Avenue on October 19, 2022 in the Flatbush neighborhood of Brooklyn borough in New York City. President Joe Biden announced the sale of an additional 15 million barrels from the Strategic Petroleum Reserve. The announcement was made three weeks before the Midterm Elections and the move is expected to meet the administrations goal of releasing 180 million barrels from the Strategic Petroleum Reserve to counter the rising gas prices due to Russia’s invasion of Ukraine.
• Gas prices are heading down, with or without Biden’s help
• Covid’s WFH revolution helped fuel a baby boom
• MARKETS
• RETIREMENT
• A hard part of retirement: Spending what you worked so hard to save
• How not to run out of money in retirement
• What today’s retirees want future retirees to know
• Why these ‘unretirees’ went back to work
• Social Security recipients get 8.7% cost-of-living increase, the highest in more than 40 years
• WORKPLACE
• Why women in leadership roles are more likely than ever to quit
• Opinion: It’s time for employers to stop caring so much about college degrees
• These executives are asking their staff to work less for the same money. Will it pay off?
• Your employer might be tracking you. Here’s how
• Workers at second Apple store vote to join union

Headlines from right-of-center Newsmax 10.19.2022

• Biden Now Calls for Increased US Oil Production, Promises $70 Per Barrel
• Amid pressures of the midterms, gas prices, inflation, and economic uncertainty, President Joe Biden announced a plan he claims will produce a “profit for taxpayers” — and it includes a long overdue call for oil companies to increase production. [Full Story]
• Biden to Release 15M Barrels from Oil Reserve, More Possible
• Biden’s Saudi Arabia Oil Request Is Impeachable: Experts

• 

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• Jonathan Gilliam: Whitmer Plot ‘Sounds Like Entrapment’ | video
• Heritage VP: Military Rating Reflects Readiness Issues | video
• Mark Morgan: Border Chief Picked to Rubber-Stamp Biden | video
• RNC’s McDaniel: GOP Pulling Ahead With Focus on Real Issues
• John McLaughlin: Republicans Have ‘Momentum’ | video
• Zeldin: N.Y. Gov. Hochul Is ‘Corrupt’ | video
• Mark Meadows: WH Tries to Run Out Clock on Midterms | video
• Newsfront
• As COVID Hit, Lawmakers Traded Stocks ‘With Exquisite Timing’: WSJ
• At least 400 officials at 50 leading government agencies, including the Pentagon and the Treasury, bought and sold stocks of major U.S. companies that were the most impacted by the coronavirus pandemic, The Wall Street Journal reported… [Full Story]
• Putin Declares Martial Law
• Russian President Vladimir Putin said Wednesday he was introducing [Full Story]
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• Russia: New Strikes on Ukraine’s Energy Infrastructure Launched
• Russia Appeals for Evacuation Ahead of Battle for Ukraine’s Kherson
• Russia Tightens Energy Noose on Ukraine With More Strikes

• 

  Video Report: Iran Allegedly Breached Sanctions by Supplying Russia |video

• More Than 100 Ukrainian Women POWs Swapped With Russia
• Obama to Campaign for Group of Vulnerable Nevada Incumbents
• Former President Barack Obama plans to visit southern Nevada on Nov. [Full Story]
• Biden’s Saudi Arabia Oil Request Is Impeachable: Experts
• If Republicans win back control of the House in the November midterm [Full Story] | Platinum Article
• Keller to Newsmax: Dr. Oz ‘Shares Our Values’
• Fred Keller, R-Pa., told Newsmax Wednesday that he’s confident [Full Story] | video
• CDC Advisory Committee Recommends COVID Shot for Free Child Vaccine Program
• An expert committee on Wednesday recommended that COVID-19 shots [Full Story]
• Florida Man Arrested, Planned to ‘Start a War’
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• Arizona Republican gubernatorial candidate Kari Lake has gained a [Full Story]
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• More Newsfront
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• Warren Buffett’s company completed its largest acquisition in years Wednesday with its $11.6 billion purchase of the Alleghany insurance conglomerate…. [Full Story]
• Smartphone Sales Sag as Consumers Delay Purchases
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• Tesla 3Q Profit More Than Doubles to $3.29B
• Sanctions Target Russian Military Procurement Network
• More Finance
• Health
• Addiction Drug Shows Promise for Alleviating Long COVID Brain Fog, Fatigue
• Lauren Nichols, a 34-year-old logistics expert for the U.S. Department of Transportation in Boston, has been suffering from impaired thinking and focus, fatigue, seizures, headache, and pain since her COVID-19 infection in the spring of 2020. Last June, her doctor suggested… [Full Story]
• Some Diabetes Medications Could Cut Dementia Risk
• Trial Finds Moderna Omicron Booster Response Remains High For 3 Months
• WHO: COVID-19 Is Still a Global Health Emergency
• FDA Authorizes Novavax’s COVID Vaccine as Booster for Adults

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• NOTE 1: The 3rd chart above includes the Canadian stock, ECN, which purchased Triad Financial Services, a manufactured home industry 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 equities named above follow.

Whistleblower Payout! Cavco (CVCO) Settle with SEC in Securities and Exchange Commission Case vs. Cavco Former CEO Joseph Stegmayer, Daniel Urness – 21-cv-01507 U.S. District Court of AZ

Triad Financial Services Q2-2022 FINANCIAL RESULTS, per ECN Capital – Several Bright Spots in Manufactured Home Market Highlighted, Including Communities, Retail, Land-Home, Floor; MHStocks Update

‘Blackrock Weaponizing ESG’– State AGs Probe MHCommunities Owner, Private Equity Giant Blackrock on Possible Antitrust, Securities, Fiduciary Violations, See AGs’ Document; plus MHStocks Update

Truist, Other Investors Increase Multi-Million Dollar Stakes in Legacy Housing Corporation (LEGH), Corp Update by CEO Duncan Bates, with Added Facts, Analysis

Manufactured Home Communities (a.k.a. ‘Mobile Home Parks’ – SIC) – Exploring UMH Properties; Fellow Manufactured Housing Institute Member Yes! Communities Suits and Settlements; plus MH Markets Updates

 

2022 …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.

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

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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, further below. 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 and honors and also recognition 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. He’s a managing member and co-founder of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com. This article reflects the LLC’s and/or the writer’s position and may or may not reflect the views of sponsors or supporters.

 

 

 

 

 

 

 

Factual and Viewpoint Insights from August 2022 in MHVille Manufactured Housing Pros, Public Officials, Investors, and Curious People Seeking Affordable Manufactured Home Knowledge and Trends