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Home > Analysis and Commentary, Manufactured Housing Industry, News, Stocks, Trends > National Association of Home Builders CEO Jerry Howard Declining Housing Affordability, Plus MH Market Updates

National Association of Home Builders CEO Jerry Howard Declining Housing Affordability, Plus MH Market Updates

March 19th, 2019

CNNmone3.19.2019ManufacturedHomeStocksMarketsReportsMHProNewsHousing affordability is down from 8 out of 10 buyers 10 years ago, down to 5 out of 10 home shoppers today, says the NAHB’s Jerry Howard CEO in today’s Fox Business video. On a day when most manufactured housing tracked stocks slid, as did the broader markets the interview with NAHB’s Howard takes our featured report spotlight 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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MHProNews looks at issues from a wide variety of perspectives.

 

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Select Bullets from Fox Business

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

9MarketIndicatorsYahooFinance3.19.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

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 –

NationalAssociationHomeBuildersNAHBCEOJerryHowardDeclingingHousingAffordabilityPlusMHMarketUPdatesDailyBusinessNewsMHProNews

Besides the NAHB’s Jerry Howard and the rest of this panel discussing that’s causing the dip in housing affordability, there is also a discussion about Sen. Elizabeth Warren’s housing plan.

 

One of the panelists laments rents over 30 percent of income but appears to have an inadequate sense of the law of supply and demand.

As is often the case on such discussion, manufactured housing is not even mentioned.  This is a problem for the industry, which 20 years ago was 1 in 3 new housing starts in many states.  Now, it is more like 1 in 10, even though affordability is an issue.  Manufactured homes are snoring, instead of roaring.

See the related reports for a new set of outlines on causes, effects, and the path toward solutions that will spark more manufactured home industry growth.

Related Reports:

Subsidized Housing vs Manufactured Homes, Community Owner Marge Clark Sounds Off

 

Cha-Ching! Manufactured Housing Made Simple in 2019

Fix MH Industry Trick$ – Special Meeting at Tunica Show

 

 

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).

3.19.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.

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Submitted by Soheyla Kovach to the Daily Business News for MHProNews.com.


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