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Home > Affordable Housing, Analysis and Commentary, Economy, Manufactured Home Communities, News, Stocks, Trends > Millennials Driving Home Ownership Rates Back Up, Plus Manufactured Housing Market Updates

Millennials Driving Home Ownership Rates Back Up, Plus Manufactured Housing Market Updates

February 28th, 2019

CNNmone2.28.2019ManufacturedHomeStocksMarketsReportsMHProNewsSeveral years ago, MHProNews reported on a study by the National Association of Realtors ™ (NAR) about renters and their interest in buying.  The topline takeaway?  Over 80 percent who rented wanted to own someday. Fast forward to the present, and with the rising tide of an improving economy, the rate of home ownership is going up with it.  On a day when many tracked manufactured housing stocks took a dip, Millennials and the rise of home ownership rate data will be our featured report this evening.


If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline report is found further belowafter the newsmaker bullets and major indexes closing tickers.


The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  Headlines – at home and abroad – often move the markets.  So, this is an example of “News through the lens of manufactured homes, and factory-built housing.” ©

Part of this unique evening feature provides headlines – from both sides of the left-right media divide – which saves busy readers time, while underscoring topics that may be moving investors, which in turn move the markets.

Readers say this is also a useful quick-review tool that saves researchers time in getting a handle of the manufactured housing industry, through the lens of publicly-traded stocks connected with the manufactured home industry.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” © It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.


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Today’s markets and stocks, at the closing bell…



Today’s Big Movers

For all the scores and highlights on tracked manufactured home connected stocks today, see thBloomberg graphic, posted below.

Today’s MH Market Spotlight Report –



From Marketwatch, some interesting data this evening. After the data, some sobering – but hopeful – analysis.


Recent Numbers:

  • The homeownership rate rose to a seasonally adjusted 64.6% in the fourth quarter, up by 0.2 percentage points from the third quarter, the Commerce Department said Thursday.
  • That’s the highest since the third quarter of 2014.



What Happened:


  • Millennials are buying houses.
  • 61.1% home ownership rate for those between 35 and 44 years old was the highest in more than five years.
  • After graduating into a recession and addled with student debt, millennials are recovering. They are benefiting from an unemployment rate that’s only 4% from as high of 10% when the Great Recession ended.
  • Rental vacancy rate fell to the lowest level in 33 years, a sign of tight supply for rental properties.


The Big Picture: 



These are familiar facts for those who are regular readers of the Daily Business News on MHProNews and Manufactured Home Living News. More specifically, the National Association of Realtors ™ (NAR) reported in 2018 that a large swath of renters earn enough money to buy a manufactured home.  That rate is obviously going to be higher than the potential for that same group of renters to qualify for a conventional housing unit.

Those factoids lead one to a sobering but potentially hopeful conclusion.  The industry’s post-production leadership, a role that the Arlington, VA based Manufactured Housing Institute (MHI) claims when they say they “representing all segments of factory-built housing,” is a mantle they are failing to achieve in practice.

But that is an opportunity in disguise.  Just as numbers of community owner trade groups broke away in 2017 from MHI, and in 2018 formed the National Association of Manufactured Housing Community Owners (NAMHCO), so too could manufactured housing independent retailers, suppliers, lenders, and other professionals could form their own trade group.  It’s been discussed for a decade.  Is now the time?

See the related reports, below.

Related Reports:

“Billion Dollar Empire Made From Mobile Homes,” What Washington Post’s Peter Whoriskey Didn’t Report


Independent Businesses, Affordable Manufactured Housing, Open Markets, & Robust MH Sales Growth

Housing Economists Projections from NAHB, CoreLogic, Nationwide, and MHVille

12 Reasons to Oppose a New Manufactured Home Post Production Association



Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

NOTE: The chart below covers a number of stocks NOT reflected in the Yahoo MHCV, shown above.

NOTE: Drew changed its name and trading symbol at the end of 2016 to Lippert (LCII).



Berkshire Hathaway is the parent company to Clayton Homes21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers.

LCI Industries, Patrick, UFPI and LP all supply manufactured housing.

AMG, CG and TAVFX have investments in manufactured housing related businesses.

Your link to industry praise for our coverage, is found here.

For the examples of our kudos linked above…plus well over 1,000 positive, public comments, we say – “Thank You for your vote of confidence.”

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Submitted by Soheyla Kovach to the Daily Business News for

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