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“Playing Politics” – Immigration, Border Battle, and Manufactured Housing

January 11th, 2019 No comments

 

PlayingPoliticsImmigrationBorderBattleManufacturedHousingDailyBusinessNewsMHProNews

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 do, and what occurs with manufactured housing connected equities. While one could debate if that should be so or not, in rears, it is so.

 

Investor relations and quarterly statements by publicly trade firms involved in manufactured housing often cite the jobs market or broader economic conditions as a factor in their firm’s performance.  These are among the reasons for the evolution of our evening market report plus some special reports that are “News Through the Lens of Manufactured Homes, and Factory-Built Housing.” © Broader economic, political, and market conditions most certainly impact manufactured, modular and prefab homes. 

ICE raids on factory-builders are just one direct example of how immigration and border policies touch upon the manufactured home industry.

 

Reports – ICE Raids Factory Builders

Another is the presence of undocumented, falsely documented, or illegal aliens at manufactured home (MH) sales centers and who are living in thousands of MH communities.

 

Who is Playing Politics?

The answer to this question is simple. Both major parties are playing politics.

Democrats and Republicans alike are hoping to score points for the 2020 election, since campaigns are de facto already underway.  Each side has media allies that are carrying water for them.  

That noted, the better question is what is the correct policy for the border and immigration?   To explore that, we’ll begin with each sides claims. Here are the two videos from the President Trump’s Address to the Nation on the border issue, and the Democratic response. We’ll let the Democratic video go first. This version from the Washington Post had 988,348 views as of 4:53 PM ET on 1.11.2018.  

 

 

Next video is the President Trump’s address from the Oval Office.  This Fox News version of the video has had 507,544 view as of 4:57 PM ET, on 1.11.2019.  The Deadline said that some 41 million Americans watched this under 9 minutes live. That same source said that the total viewers that watched the Democratic response topped that who viewed the president’s address.  

 

 

Those high viewer numbers reflect what a recent AP NORC poll said, that immigration is among the top issues on the minds of Americans of all political stripes.

 

APNorcPollImmigrationTopConcern2019DailyBusinessNEwsMHProNews

The poll found that 65 percent of Republicans say immigration is one of the top five problems facing the country, up from 42 percent in 2017. Among Democrats, 37 percent cite immigration as a top issue, compared with just 2 in 10 a year ago,” said ABC 5.

Roughly two-thirds of those who named immigration as a top priority express little confidence in the government to make progress this year, including a third who say they are “not at all” confident,” per ABC 5 on that AP-NORC poll. “About a third say they are at least moderately confident in the government to make progress on immigration.”

 

Facts, Figures, and Political Posturing

When former President Barack Obama’s new home in metro Washington, D.C. was acquired, the Obamas had a wall built for enhanced security. The White House is behind a fence.  It is common for the rich and famous to fence or wall of their properties as part of the security.

There are videos of former Senator and President Barack Obama supporting border security that included double fencing, roads, and other measures. It is foolish for House Speaker Nancy Pelosi, Senate Minority Leader Chuck Schumer, or former Senator and Secretary of State Hillary Clinton to argue that a border barrier is immoral, racist, or anything else, when they have all supported legislation that included fencing.

There is also no doubt that the candidate Donald J. Trump said that Mexico would pay for the wall. The President also said that he would own the shutdown of the federal government. These are indisputable. It is also true that the border barriers won’t stop all drugs or other illegal activities from occurring.

Border agents, years of actual history along fenced parts of the border, and the experiences of other nations all demonstrate that fencing and walls work. Locks on your door won’t keep out everyone that means to do you or your possessions harm. But we don’t remove doors or locks just because they are not 100 percent effective.

Illegal immigration is costly to America’s citizens. It has proven fatal or deadly to thousands harmed by the small percentage of criminals who come into the U.S. via the southern border.

 FAIRTotalGovtCostsonIlelgalImmigrationFederalStateLocalTaxcostsDailyBusinessNewsMHproNews

A Democrat representative said this week that the calls into one of his district’s office for border control was running about 10 to 1 in favor of fencing, barriers, or a wall.

The law of supply and demand tells us that more low cost, low skill labor harms the earning power of other workers.  It is worth noting that both sides claim to want to improve the flow of needed, higher skill workers.

 EmploymentBasedGreenCardBacklogManufacturedHousingIndustryDailyBuinessNewsMHProNews

 

Talk radio king Rush Limbaugh reported floated a surprising ‘solution’ to the border debate standoff. And it requires no fencing, barriers, or walls. 

The solution, he opined, perhaps somewhat tongue-in-cheek “…enforce the law.” 

  • Mandatory eVerify. No hiring of any workers that don’t have legal status and the proper documents to go with it.
  • No healthcare, education, housing assistance, or any other benefits for undocumented foreign nationals.

BorderFenceLibertyNationDailyBusinessNewsMHProNews

Style may bother some people, but facts and common sense should rule. 

MediaBiasChartSharylAttkissonLeftRightPostedDailyBusinessNewsMHProNews

The video below from left-of-center CNBC explains that in 3 weeks, the shutdown could cost the nation more than the $5.6 billion that President Trump is asking for in border and related security funding.

 

 

There are good odds that President Trump will declare a state of emergency, and attempt to build the wall that way.

There are equally good odds that it will be challenged in a court by Democrats where they will expect a favorable ruling. Then a new phase of the struggle over the border issue begins in the courts.  

Both sides have played politics, but the rationale for border security, immigration enforcement, and some common sense solution to those illegals who are already here should take place. The rest are details and commentary.  We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

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To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

NOTICE: You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link here. You can join the scores who follow us on Twitter at this link. Connect on LinkedIn here.

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3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

Related Reports:

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Amazon, Google – Both Into Factory Building – Want More Influence, Insights In Your Life, Plus MH Market Updates

January 11th, 2019 No comments

CNNmoney1.11.2019ManufacturedHomeStocksMarketsReportsMHProNewsThe 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 Business News on MHProNews periodically spotlights the hits and misses caused by Berkshire Hathaway brands in MHVille, and their oversized influence over the Manufactured Housing Institute (MHI), that must be balanced by the reality that these are not the only factors that impact HUD Code manufactured home professionals daily.  An insight tonight into what Google and Amazon are doing, as they seek to increase their influence over your personal and professional life will be our focus.

 

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.

 

Select bullets from CNN Money…

  • The streaming wars are getting real
  • Get ready for even more Netflix competitors this year
  • LIVE UPDATES What’s moving markets today
  • GE stock could be worth just $5, analyst warns
  • Cyberhacks can cost businesses millions. And insurers may refuse to pay up
  • A 5G world is coming. Tech companies at CES show they’re ready
  • Apple reportedly plans 3 new iPhones this year
  • Volkswagen sold a record number of cars last year
  • Lionsgate, a struggling motion picture studio, lays off 25 staffers
  • Why Wall Street turned its back on junk bonds
  • GM raises its profit forecast, stock jumps
  • SpaceX set to launch final batch of next-generation satellites
  • Why a wacky discount store is buying up the remains of Toys ‘R’ Us
  • Bud Light packages will now show nutritional information
  • How to avoid overpaying for a home
  • Why the National Enquirer says it decided to investigate Jeff Bezos
  • Jeff and MacKenzie Bezos are getting divorced
  • What this divorce could mean for Amazon
  • The divorce doesn’t mean there will be drama
  • Some of the world’s most expensive divorces
  • The Tesla Model X.
  • Tesla drops cheapest versions of the Model S and Model X
  • Ford redesigns ‘world’s most popular SUV’
  • Britain’s biggest carmaker cuts thousands more jobs
  • Ford is shedding thousands of jobs in Europe
  • Fiat Chrysler to pay hundreds of millions to settle emissions charges in the US

Select Bullets from Fox Business

  • Stocks close down after five-day winning streak
  • US economy may get hit by shutdown as as soon as next week
  • Trump floats citizenship for H1B visa holders
  • Amazon’s Whole Foods seeks Sears, Kmart stores to buy
  • Costco sells out of 26 lb. mac & cheese tub with 20-year shelf life
  • GM unveils all-electric Cadillac in hopes it will challenge Tesla
  • Slack could become biggest direct public listing since Spotify
  • Five tax reform reminders for 2019 filing season
  • Apple to release new line of iPhones despite sales worries
  • Andy Murray will retire from tennis as 4th-highest earner in sports’ history
  • These US companies employ the most H-1B visa holders
  • Bezos Divorce: What’s Next for Amazon?
  • Here’s what MacKenzie Bezos has said about her husband
  • Here’s how much property Jeff Bezos owns in the US
  • A look at Jeff Bezos’ biggest assets as he heads for divorce
  • Columbia Sportswear on shutdown: ‘Make America’s Parks Open Again’
  • GM CEO Mary Barra: Need the company to be strong for ‘several decades’
  • Djokovic, Federer and tennis’ top 5 highest-earning players ever
  • Actions speak louder, stop apologizing: Kennedy
  • Poland arrests Chinese employee of Huawei
  • Alexandria Ocasio-Cortez isn’t the future of the Democratic Party: Joe Lieberman
  • Here are the most promising jobs of 2019
  • GM stock jumps on plans to cut 15,000 North American workers
  • Chef, veterans expand healthy meal delivery business
  • Trump says Chinese more honorable than Democrat leaders: Varney
  • Saudi Arabia’s strategy for Aramco IPO and $80 oil
  • US-China trade war: Why America must win

 

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

9MarketIndicatorsYahooFinance1.11.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue1.11.2019DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

AmazonGoogleBothIntoFactoryBuildingMoreInsightsInfluenceLifePlusMHMarketUpdates

 

Let’s tease an upcoming report on the impact of monopolistic practices in America, how that impacts businesses, investors, and consumers, as we look back to a report linked below on the New York Times last fall that touches on aspects of the same issue.

 

New York Times-David Leonhardt-“The Monopolization of America,” Manufactured Housing Slant

 

Now, let’s consider a report today from CNBC, that spotlighted Google and Amazon’s race to see ever more of what you see, and do – and they make money from all of it, of course.

 

In taking a step back, and looking, one sees a trend towards a small number of mega-corporations dominating the U.S. What will that do to small business, politics, and other issues that impact manufactured housing?

We’ll remind readers about the Creepy Line, because the U.S. has arguably blown past it.

 

“The Creepy Line” Video DocuDrama, Manufactured Housing – The Problem, Solution, and You

 

Related Reports:

$300 Billion Market, As Predicted, Jeff Bezos’ Amazon Alexa Fund Dives Deeper into PreFab Homes

 

Brad Says POTUS Trump is Right: More than Facebook & Twitter, Google Threatens Democracy, Online Freedom

Examining Derek Thompson’s Atlantic Report on ‘Mobile Home’ Retail Market as Fastest Dying Business In America

 

Seattle Times -Federal Investigations-Berkshire Hathaway’s Clayton Homes, GuruFocus Spotlights Buffett’s Clayton’s “Unethical,” Monopolistic Moat

 

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).

1.11.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.

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.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe Provide, You Decide.” © ## (News, analysis and commentary.)

(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

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

To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com


Useful Manufactured Housing Institute Provided Info, MHI M.O. Revealed

January 11th, 2019 No comments

 

UsefulManufacturedHousingInstituteLogoInfoMHILogoMORevealedDailyBusienssNEwsMHProNews

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 fairly useful downloads, linked 116th Congress leadership linked here and what federal agencies are impacted by the federal shutdown, linked here.

Those downloadable MHI fact-sheets open with objective facts – which can be useful in a variety of ways.  Both MHI fact sheets close with some a type of self-promotion of MHI, arguably designed to position themselves favorably with their readers. Understandable. It should be noted that as was reported by MHProNews last year, some of these ‘MHI reports‘ are purchased by MHI from third-parties, and MHI ads some tailored items to make it more useful to themselves.

 

What’s Missing from the Latest MHI ‘News Update?’

Entirely missing from MHI’s January 9.2019 report is the fact that manufactured housing shipments have declined.  See the screen capture/graphic from their email, below.

ManufacturedHousingInstitueLogoMHIlogo

“Thank you” and “Thanks” are among the most common comments from MHI and other industry members for fact checks and analysis like this. Readership has skyrocketed since we ramped up the analysis of MHI information, in an effort to hold them accountable for their performance.

 

MHI will have to address that in their monthly shipments report, but based upon experience and some early clues we are obtaining, that is likely to be dry.

Update, since this article was first drafted, that economic shipment data report has come out…and is dry.  More on that below too, but first, back to their 1.9.2019 emailed ‘news.’

MHI has a photo of Leslie Gooch, with a ranking Democrat. It extolled how they have relationships on both sides of the political aisle. That is something that every trade organization seeks to do, so it is nothing special.

 HouseMajorityLeaderStenyHoyerD-MDMHIEVPGovtAffairsChiefLobbyistLesliGoochPhDphotoDailyBusinessNewsMHProNews

 

MHI talks about the Duty to Serve, and financing issues.  

 

MHIEMailNewsUdateJan92019HOusingFinanceReformDutyToServeManufacutredHousingInstituteMHPronews

 

Then, MHI promotes their networking and educational events. These are profit centers for MHI, as a look at the latest Form 990 reveals.

So what does even a brief look at their email reveal? 

1)    What the latest shipments data, and the trend for the last three months reveals, is that manufactured home production is down. During an affordable housing crisis, this has to be a serious red flag.  It is embarrassing to MHI, if they claim to care about the industry. Here is their version of the latest shipment data.  Note that there are no explanations made of why this is occurring, after years of hyping the industry about their promotional efforts.

 

7690NewHUDCodeManufacturedHomesNov2019DailyBusinessNewsMHProNews

ManufacturedHousingInstitutelogoMHILogoMHIVideoStillsMillionsofViewsDailyBusinessNewsMHProNews

This is what MHI is arguably trying to get away from. If they claim they have so much clout, if they claim they have reached millions and millions of potential buyers, then why are shipments going backwards? Who is held accountable for their failure to deliver as promised?

2)    If MHI’s lobbying, education, and promotion were as good as they claim, then the shipment and production data reveals that their efforts are not bearing any positive fruit. One must ask, who does that benefit? Which companies that are MHI members ‘win’ if other MHI member or non-member industry companies lose?

3)    In the light of this analysis and fact check, what is apparent is that MHI has ignored the single most important topic for the day to day needs of the manufactured home industry. Namely, the numbers of new homes and sales. Everything else is arguably feel good, razzle dazzle, made to make them look important to those who are too busy to analyze these trends for themselves.  This is arguably one of several reasons MHProNews is the runaway #1 trade media: who else among industry trade media is telling readers, investors, and advocates like it is?  For example, see the linked textbox/image report below. Compare that to MHI’s. See which one is more useful to you as a professional or investor.

 

Manufactured Home Production Decline Accelerates in November 2018

 

Oligarchs and Buffett’s Buffet?

MHI insiders have made it clear that the networking portion of the events are pleasant. Being part of an educational panel is a status symbol. Getting an MHI award is seen that way by many too. Let’s look at those in reverse order. 

A1) MHI awards are arguably disguised marketing for MHI. Companies that win an MHI award, often pay for a press release to make it clear that they won that MHI award. The award is mentioned on websites. So, for the fairly low cost of a trophy or plaque, for as long as the ‘winner’ of an MHI award uses that in their marketing, MHI gets ongoing adverting as a result. Awards are thus a cheap marketing investment by MHI, with long term returns. 

A2) Furthermore, to someone who checks into the realties behind the MHI puffed up image, discovers facts like the ones shown below. 

 

ManufacturedHousingInstituteLogoMHIBoardOfDirectorsLogoMHIExecutiveCommittee

 

B1) The networking is pleasant and has some value. But it is also become known as the oligarchs and Buffett Buffet. Big inside companies that want to acquire smaller firms often do that cultivation at those networking events. So, smaller firms are arguably paying for the right to becoming a meal for a larger firm.  Given the Buffett ‘value’ purchase mantra, the purported reason that the industry isn’t growing is as it could is because that keeps values of properties and businesses lower. So are MHI meetings thus Buffett’s buffet?

 

MHInetworkingeventLesliGoochPHDexpertManufacturedHousingInsitutteLogoMachiavellianHousingInstituteLogo

Satirical MHI logos are provided under fair use guidelines.

Manufactured Housing Institute Housing Alert, Affordable Housing Crisis, MHI’s #NettlesomeThings Response

The Bottom Line?  The MHI MO?

When it comes to MHI – and their allies – news, arguably caveat emptor applies. Let the buyer beware. A mix of facts, head fakes, and razzle dazzle red herrings may await.

CaveatEmptorLegalLatinNYBarBuyerBewareDailyBusinessNewsMHProNews

 

There’s more in the related reports, linked following the bylines, offers, and disclosures.

SoTheAssociationMHIIsNotThereFortheIndustryUnlesstheinterestsoftheBigBoysJointheIndustry'sMartyLavinMHIAwardWinnerQuoteMHProNews

FollowThe MoneyPayMoreAttentionToWhatPeopleDothanwhatTheySaySpySea72MartyLavinYachtManufacturedHousingINdustryProMHProNews

Ask yourself. Do these Marty Lavin dictums apply in this case?

RichardDickJennisonMHIPresidentPhotoBrianMontgomeryEnhancedPreemptionFHATitleChattelLoans1010RuleTimWilliamsDontLearnFromHistoryDailyBusinessNewsMHProNews

 

A new national association is taking shape, former MHI members who left their group in disgust.  Another new one is said to be forming.  The Manufactured Housing Association for Regulatory Reform is also formed from ex-MHI professionals. That’s reality.  And that is this afternoon’s “News through the lens of manufactured homes, and factory-built housing,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

ManufacturedHousingProNewsMHProNewsConfidentialTipsDocumentsNews

To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

NOTICE: You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link here. You can join the scores who follow us on Twitter at this link. Connect on LinkedIn here.

NOTICE 2: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two.

(Related Reports are further below. Third-party images and content are provided under fair use guidelines.)

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

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To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To pro-vide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

Related Reports:

You can click on the image/text boxes to learn more about that topic.

New Era in National U.S. Manufactured Home Community Representation Underway?

Independent National Manufactured Housing Post-Production Association Takes Major Step

Production Decline Continues in November 2018

Comparing Conventional Housing Data for November 2018, to Manufactured Housing Industry Data, Nov 2018

Still relevant, 1 year later is the fact check below.

‘We Want Your Money’ – 2018 MHI Membership, Infographic Fact Check

 

 

 

 

 

To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com


“Huge” February 2019 Manufactured Home Sale Announced, Competes with Louisville, Tunica?

January 11th, 2019 No comments


HugeNewManufacturedHomeSaleCompetesWithLouisvilleTuniaShowsManufacuredHOusingIndustryDailyBusinessNEwsMHProNewsLEGH

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.

 

LegacyHousingDailyBusinessNewsMHProNews

Click any image to learn more.

 

Reserve your seat now for Legacy Housing’s Huge Home Sale in Eatonton, Georgia on February 20th – 21st!

Starting on Wednesday, February 20th Legacy is hosting a home preview day at our Legacy factory in Eatonton, Georgia from 8:00 am to 5:00pm! Mobile home dealers and park community owners will be able to jump in and inspect all 140 mobile homes and Tiny homes with our experienced Legacy Georgia sales team, as well as Curt Hodgson and Kenny Shipley, the owners of Legacy Housing (NASDAQ:LEGH).

LegacyHousingExclusiveMHProNewsFirmsSolidIPOPlusMHStockUpdatesDailyBusinessNewsMHProNews

Images are provided under fair use guidelines. Text graphics by MHProNews, photo at right, by Legacy Housing.  For the report referenced by the image graphic above, click here.

Any unsold Legacy production units as well as repossessed dealer inventory units make up the inventory of 140 homes at our sale! One, two, and three bedroom Legacy models will be available for buyers to purchase or lease, with all units built for either wind-zones 1 or 2.

 

LegacyHousingManufacturedHomeShowGADailyBusinessNewsMHProNews

To learn more about sponsoring, marketing or business development services with #1 MHProNews, click here.

 

The next day, Thursday February 21st, Legacy will be hosting all buyers in the boardroom at the scenic Lodge on Lake Oconee at 11:30 am. Numbers will be drawn promptly at 11:30 am and will determine the order of the lottery style sale. A delicious lunch will be provided for buyers participating in the Huge Home Sale, and during the lunch an overview of Legacy’s Mobile Home Park Bulk Leasing will be presented by the Legacy Park Sales Team. During the first round of the sale, each buyer can pick up to 6 homes during their turn (a minimum of 4 homes is required). After all buyers have picked during the first round, Legacy will start the second round in reverse lottery order, and continue until all 140 homes have been sold!

 

LegacyHousingGAShowFeb2019ManufacturedHousingIndustryDailyBusinessNewsMHProNews

 

Last September, Legacy hosted our first Hurricane Liquidation Sale at the Lodge on Lake Oconee, with a home preview day held at our Eatonton factory. Park community owners and mobile home dealers from all over the United States came to Georgia to jump-in and out of all 120 liquidation units during our home preview day at the factory. In a survey conducted after the sale, one buyer stated, “The event was a great opportunity to view all the homes and the Legacy Staff were nice and welcoming.” All 120 homes were sold, and the sale was such a success for Legacy that we wanted to host another event for park community owners and dealers in 2019.

 

LegacyHousingMultisectionalGAShowFeb2019ManufacturedHousingIndustryDailyBusinessNewsMHProNews

 

Don’t miss this buying (or leasing!) opportunity with Legacy Housing in February at the Lodge on Lake Oconee with free hotel rooms will be provided for buyers who attend the sale. Legacy is also hosting a happy hour at the Ritz Carlton on Lake Oconee, and all details can be found at LegacyGeorgia.com.  Buyers need to RSVP now before the free hotel rooms at the Lodge book up, and you lose your seat at the big table with Legacy Housing. Reserve your seat today at www.LegacyGeorgia.com.

— 30 —

 

LegacyHousingSinglesectionalGAShowFeb2019ManufacturedHousingIndustryDailyBusinessNewsMHProNews

There’s more related reports, linked below.  That’s this morning’s “News through the lens of manufactured homes, and factory-built housing,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

ManufacturedHousingProNewsMHProNewsConfidentialTipsDocumentsNews

To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

NOTICE: You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link here. You can join the scores who follow us on Twitter at this link. Connect on LinkedIn here.

NOTICE 2: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two.

(Related Reports are further below. Third-party images and content are provided under fair use guidelines.)

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

2) To pro-vide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

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SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

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Tips for Wealthy re Jeff Bezos Stolen Sexts Message Snag, Amazon Woes? Plus MH Market Updates

January 10th, 2019 No comments

CNNmoney1.10.2019ManufacturedHomeStocksMarketsReportsMHProNewsBeing 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 risqué text (sexting) messages, what that might mean for Amazon stock holders. Plus, tips on how to avoid what happened to Bezos from happening to you or a wealthy friend.

 

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.

 

Select bullets from CNN Money…

  • Macy’s stock has its worst day in history
  • A long shutdown could leave the Fed without critical data
  • The $4.5 trillion force that’s helping to fuel market swings
  • Oil hasn’t done this in nearly a decade
  • Earnings growth is slowing … but that may be okay for stocks
  • Here’s the endgame for Sears. It doesn’t look good
  • How Kirkland Signature powers Costco’s success
  • Ford is shedding thousands of jobs in Europe
  • Jaguar Land Rover is slashing 4,500 jobs
  • Ford redesigns ‘world’s most popular SUV’
  • Rollable TVs and butler robots: Gadgets that caught our eye at CES 2019
  • Perspectives: 4 signs a company is a good employer for women
  • In a work rut? Here’s how to get out of it
  • How to land a new job this year
  • The Tesla Model X.
  • Tesla drops cheapest versions of the Model S and Model X
  • Why the National Enquirer says it decided to investigate Jeff Bezos
  • More than 1 million people subscribe to this electric toothbrush startup
  • How AI is making business travel better
  • PERSPECTIVES AI will probably make your life easier this year
  • We tested Tumblr’s ban on porn. It needs work
  • Silicon Valley is working with China to ease fears about AI
  • Facebook’s top AI scientist says it’s ‘dust’ without artificial intelligence
  • 04 see her work 10 – Wide Shot Leather Gloves and Safety Vest in Use
  • Her clothes keep female construction workers and firefighters safe
  • How legacy brands like Ann Taylor are evolving
  • You can thank this man for expensive yoga pants
  • How Kohl’s figured out the Amazon era
  • Retailers wake up to opportunity in plus-size clothing

Select Bullets from Fox Business

  • Here’s what MacKenzie Bezos has said about her husband
  • Stocks book 5 straight days of gains, exit correction territory
  • Here’s how much property Jeff Bezos owns in the US
  • A look at Jeff Bezos’ biggest assets as he heads for divorce
  • Bezos Divorce: What’s Next for Amazon?
  • Will Jeff Bezos’ divorce impact Blue Origin $1B funding pledge?
  • How the Bezos divorce may affect the future of Amazon
  • Amazon CEO Jeff Bezos’ divorce subject to these tax changes
  • Alexandria Ocasio-Cortez isn’t the future of the Democratic Party: Joe Lieberman
  • Tax season: Top 3 changes that may affect you
  • As millennials buckle down, 2019 will be a buyer’s market: Trulia
  • Best and worst states to get a divorce
  • ‘Fortnite’ company gets ‘F’ rating from Better Business Bureau
  • Amazon shareholders deserve to know what happens to their money now: Varney
  • Saudi Arabia’s strategy for Aramco IPO and $80 oil
  • End the immigration hysteria and help the economy grow: Kennedy
  • Trump cancels trip to Davos amid partial shutdown
  • Trump cancels Davos trip over partial govt. shutdown
  • Did the Fed ‘massage’ December minutes?
  • Macy’s, other retailers’ shares tumble after weak holiday sales results
  • The most expensive divorce settlements
  • Oracle, SF Giants reach stadium naming-rights deal
  • Divorce and money: Common pitfalls to avoid
  • Fiat Chrysler to pay around $650M in emissions cheating case
  • US economy is in ‘great shape’: Home Depot co-founder Marcus

 

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

9MarketIndicatorsYahooFinance1.10.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue1.10.2019DailyBusinessNewsStocksMarketsDataReportsMHProNews

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 –

TipsWealthyJeffBezosStolenSextMessagesSnagAmazonWoesMHmarketUpdatesDailyBusinessNewsMHproNews

Keep your pants zipped if you’re a married man with another woman. That was the short version of the takeaway from the 1987 hit movie, Fatal Attraction.

FatalAttractionMichaelDouglasGlennClose1987MovieWiki

Fast forward to 2019.

CNBC reports that the wealthy are obviously more targeted by hackers than the ordinary are.  Here are some tips, followed by a video on what the meaning of all this might mean for Amazon investors.

 

•             Very wealthy people are often targets for criminal hackers, tabloids, and rivals, but there are steps anyone can take to avoid exposing sensitive personal and business communications.

•             Watch your passwords, download a secure messaging app and make sure the other party you’re texting with is on board.

•             Secure texting shouldn’t be viewed as something “shady” — it’s needed for everything from sharing confidential business plans to responding to breaches.

 

 

One last thought on this, is that this does have a factory-built housing tie in.  Bezos’ led Amazon Alexa Fund has put a few million into a prefab operation in 2018. When there’s tens of billions available, don’t think for a second that its likely to be the only investment by one of the largest firms in the world into factory built housing. 

Related Reports:

$300 Billion Market, As Predicted, Jeff Bezos’ Amazon Alexa Fund Dives Deeper into PreFab Homes

 

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).

1.10.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

 

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.

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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(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

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

To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com


Clayton Homes Fights Zoning, for “First Class Manufactured Homes” – Mainstream Media Reports

January 10th, 2019 No comments

 

ClaytonFightsZoningForFirstClassManufacturedHomesMainstreamMediaReportsClaytonHomesLogoClaytonHomesPhotoMHProNews

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 Road off Rocking J Lane in the Dewey area,” per the Verde News.

 

Within hours after a neighbor complained, the home was removed. Manufactured homes, no matter how large, expensive or well-built they are, are not allowed, based on a change in zoning made in 1998,” said that local media.

Another area publisher – the Daily Courier – said that “Despite the stigma attached…” that “Joseph Roe, project manager for Clayton and Oakwood Homes, supports Gorman-Salisbury’s application.”

The entire report that involves manufactured housing and this Clayton effort to fight a zoning battle will be shown, for industry readers to consider. But the Daily Business News on MHProNews will tee this up noting that this article reveals some troubling trends.

  • Clayton lost their argument, 5-to-0.
  • They used the ‘new class of homes’ argument, which apparently had no weight with local officials, based upon that 5-0 no vote.
  • Clayton’s managers are not reported as making any argument that uses “enhanced preemption.” For regular and careful readers here, a related report linked below makes this recent report timely.

 

Surprising Discovery on Manufactured Housing’s Enhanced Preemption, Hidden Gem$

 

With that tee up, let’s show the local media’s featured image, and then dive into their narrative, followed by some commentary and related reports.

 

YavapaiCountyAZEvenFirstClassManufacturedHomesNotWantedWereProperlyZonedDailyBusinessNewsMHProNews

Gorman-Salisbury, seeing other manufactured homes in her neighborhood, had applied for a use permit from Yavapai County but hadn’t heard back when the delivery took place,” said the Verde News, which will be source cited in the quotes that follow, unless otherwise shown.

“At a Dec. 6 Planning and Zoning meeting, she told commissioners that when she bought the property in 2017, the deed hadn’t been updated in 1998 to indicate the current zoning, and the title company and Yavapai County staff also failed to note the change.

Eight nearby residents opposed the applicant’s request, two indicated their support. Those in opposition stated the proximity of a manufactured home would decrease their property values, and some had bought property because of the zoning.

Commissioners and supervisors, when looking at permit requests, consider impact on surrounding properties, impact on traffic, conformance with development standards, maintaining the character of the neighborhood, preservation of safety and welfare in consistency with the comp plan, said Commission Chair Jim Stewart. Items not to be considered were the personality of the applicant, questions concerning technical issues, water availability, financial gain or hardship, viability of a project, or setting precedence.

Commissioner Sandy Griffis said she thought manufactured homes were the wave of the future, and she felt not all were substandard. In fact, five manufactured homes reside on property within the 1,000-foot radius of Gorman-Salisbury’s property, she said.

The P&Z Commission voted 5-2 to recommend denial of the request, with Commissioners Stewart and Griffis opposing.

At the Wednesday, Jan. 2, supervisors’ meeting, Gorman-Salisbury said manufactured homes are becoming more important with today’s crisis in lack of affordable housing. The quality is equivalent and construction safety requirements are the same as for site-built homes, she said.

Of the 34 nearby parcels, she said 15 are vacant, 10 are site-built homes, one has a small garage, and eight are manufactured homes. She also refuted the idea that manufactured homes lower neighbors’ property values.

Joseph Roe, project manager for Clayton and Oakwood Homes, supports Gorman-Salisbury’s application. Despite the stigma attached to manufactured homes, they are subject to countless inspections from federal, state and the county, he said. He asked those opposing the permit to look at the homes and see how well produced and well put together they were.

Board Vice Chair Craig Brown mentioned that 25 to 30 percent of housing permits applications received in the county are for manufactured homes. Supervisor Tom Thurman suggested that the company work with people buying their product to help check zoning prior to making a purchase.

David Roe, general manager of Clayton and Oakwood Homes, said Fanny Mae and Freddie Mac, federal housing finance agency, are in the process of changing banking qualifications for manufactured homes as they recognize the homes are equal in quality to site-built homes.

There are many categories of manufactured homes and the one the applicant bought is of a high level, said Supervisor Rowle Simmons, who disagrees with treating them all as equal, saying, “We cannot use an umbrella here.”

Brown and Board Chair Randy Garrison said the Board of Supervisors probably will be seeing more of these applications in the future. The board voted 5-0 to deny the use permit…”

 

ClaytonHomesFirstClassManufacturedHOmesNotWantedWhereNotZonedDailyBusinessNEwsMHProNews

 

Some Takeaways?

One must keep in mind a powerful claim that Kevin Clayton made in the video that is posted as part of a ‘read hot’ report, linked below.

 

Bridging Gap$, Affordable Housing Solution Yields Higher Pay, More Wealth, But Corrupt, Rigged Billionaire’s Moat is Barrier

In the report linked above, Kevin Clayton personally said that it would be okay for Clayton Homes to ‘lose money for 5 years,‘ according to Warren Buffett.

Buffett, Chairman of Berkshire Hathaway – the parent company to Clayton, 21st and a slew of other firms involved in manufactured housing – told him it was okay, so long as it builds their competitive moat.

 

GoodBusinessIsLikeAStrongCastleWithaDeepMoatAroundItSharksIntheMoatIwantItUntouchableWarrenBuffettQuoteDailyBusinessNewsMHProNews

Sometimes the truth is hiding in plain sight. Follow the facts, evidence, and the money.

 

These are arguably part of a pattern of tactics, actions, and omissions, that has yielded over time what the Atlantic projected.

 

HowDoesMoatStrategyWorkOutInOpenGreatQuestionSmallBusinessesBusyTradeAssociationsMHI

 

The Atlantic correctly projected that ever fewer independents would exist.

 

HowDoesMoatStrategyWorkOutInOpenGreatQuestionSmallBusinessesBusyTradeAssociationsMHI600x793

 

Meanwhile, Clayton has grown.

 

KevinClaytonVideoInterviewHowDidWarrenLearnTheseMoatBuildingstrategiesMHIBehavioralExperts

 

See that report in and analysis of the Atlantic article linked in the related report, further below the bylines, disclosures, and notices.

LegacyHousingUpcomingPlantShowBANNER-AD-3

Legacy returned as a sponsor. Placement of their ad, or any others, shouldn’t be construed as that sponsor agreeing with any specific article.

There are only a few possibilities logically.  But given the Clayton claims, don’t they win either way in ‘fighting’ a zoning case like this one or others?  They appear to ‘fight’ for the industry, but meanwhile, aren’t they and their allies at MHI consolidating it?

SubmitNewsTipsManufacturedHomeProNewsMHProNewsLogoDailyBusinessNews

Submit confidential or on-the-record news tips, or comments at this linked email mailto:iReportMHNewsTips@mhmsm.com

That’s this afternoon’s “News through the lens of manufactured homes, and factory-built housing,” © where “We Provide, You Decide.” ©  ## (News, analysis, and commentary.)

 

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2) To pro-vide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

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SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

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Examining Derek Thompson’s Atlantic Report on ‘Mobile Home’ Retail Market as Fastest Dying Business In America

 

 

 

 

 

 

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Examining Derek Thompson’s Atlantic Report on ‘Mobile Home’ Retail Market as Fastest Dying Business In America

January 10th, 2019 No comments

 ExaminingDerekThompsonAtlanticReportMobileHomeMarketRetailMarketAsFastestDyingBusinessinAmerica

 

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 and views website. With a raging affordable housing crisis in the U.S., or in Canada for that matter, how is this contraction possible?  

 

At the time Thompson’s report was published, it was the headline that shocked many in the manufactured housing industry.  That headline sparked controversy, which wasn’t limited to the threat to manufactured home retail, but could have been misread as a challenge to the existence of other parts of the industry.

That headline? “America’s Fastest-Dying Business? It’s Mobile Homes1,” said Thompson. Across the left-right divide in manufactured housing professional circles, Thompson’s narrative sent shock waves and reactions, including commentary and reports here on MHProNews.

 

TheAtlanticLeftRightMediaDivideManufacturedHousingIndustrySharylAttkison

 

But in hindsight, Thompson – who obviously erred in terminology when he referred to federally regulated, HUD Code manufactured homes as ‘mobile homes‘ [SIC] – was citing serious data. Besides the error in terminology, was there any other oversights or misses in Thompson’s report?

To properly analyze any study, research, or statements, one ought to first admit that no single report can cover every detail or nuance. This report, like Thompson’s or any other is self-limiting. Facts, quotes, and statements are used by a writer who could have arranged them in a variety of ways. That years later, Thompson’s work in the Atlantic is worthy of review stands on its own merits.

The Daily Business News on MHProNews is hereby looking back at the Atlantic report, a section-by-section “Fisk” or fact-check of what was good, bad, or possibly missed. While this focused on retailers – what Thompson calls “dealers” – it should be more broadly understood by manufactured housing (MH) investors and professionals as impacting every part of the industry.  Why?  Because then and now, a large part of the industry’s production goes to market via retailers.  Having – or not having – a sufficient number of independent retailers has and still does place pressures on manufactured home producers, communities, suppliers, installers, transporters, financial service firms, and arguably all others throughout the industry. 

 

FiskFiskingDefinitionManufacturedHssuingIndustryDailyBusinessNewsMHProNews 

HumanitiesValueBuisnessCriticismDissentWhenGoingAlongGetAlongWhereWhistleblowersDiscouragedBadThingsHappenBusinssesImplodeMarthaCNussbaumPhotoQuote

Design by MHProNews.

Following his subheading quoted above, Thompson wrote as follows. “If I asked you to name America’s least fortunate industry, your mind might go to records stores, obliterated by on-demand apps; or photofinishers, left in the cold as digital cameras turn Americans into our own photo editors; or fabric makers, where business is booming … in Shenzhen, China. 

But when it comes to unlucky industries, it’s manufactured home (aka mobile home) retailers who really hit the trifecta*. First they missed out on the housing boom. Then they felt the gut-punch of the recession. Now they might yet might miss out on the recovery. That makes them America’s fastest dying industry, according to a new report from IBISWorld.”

DyingUSIndustriesNotMobileHomesManufacturedHomesDailyBusinessNewsMHProNews

These graphics were part of Derek Thompson’s original report, and are placed in the same location with respect to the Atlantic’s narrative. That original report is linked here.

 

If Thompson was referring to the conventional housing boom of the early 2000s, he was quite correct in saying that manufactured housing missed it. 

But in the early 2000s, Eric Belsky of Harvard University’s respected Joint Center for Housing Studies (JCHS) had been researching manufactured home quality, and the industry in general. Based upon his research, Belsky projected that despite of the slide in manufactured home sales due to the arguably self-inflicted wound of a repossession glut in the late 1990s and the early 2000s, Belsky’s study and analysis led him to believe that given the need for affordable housing plus the improved quality of manufactured homes, would lead the industry into housing dominance by 2010.

So, Thompson mentioned none of those points by Harvard’s Belsky.

That said, the projection by Belsky proved to be wrong, for reasons noted and explored as part at the report linked below.

 

Bridging Gap$, Affordable Housing Solution Yields Higher Pay, More Wealth, But Corrupt, Rigged Billionaire’s Moat is Barrier

 

Back to Thompson’s narrative in the Atlantic.

With a 70+% decline in revenue over the last ten years, the mobile home industry faced a descent on par with record stores and clothing mills. But it’s the pace of its future decline that sets them apart. In the next six years, manufactured home dealers are projected to see revenue evaporate 50% faster than even music stores and the wired phone industry. Here are full IBISWorld rankings, listed by industry revenue.”

 

NPRAtlanticDyingIndustryManufacturedHomeRetailNotMobileHomeDailyBusinessNewsMHProNews

Notes to new readers on MHProNews. 1) MHProNews uses brown and bold fonts to reflect direct quotes. 2) The graphic above was part of Thompson’s Atlantic report at this same point in his narrative, but the arrows and commentary are by MHProNews.

 

***

Noting again the error in industry terminology issue, which should have said manufactured home, Thompson wrote, “The typical mobile home buyer is a retiring, low-income couple in the southeast, said Mary Gotaas, an analyst at IBISWorld. The southeast region accounts for 40% of the industry’s dealership, and mobile homes are usually bought by consumers over the age of 50. “They’re retiring, they don’t care about equity or link-to-land ownership, and they want something cheap because they’re saving for things like medical bills,” she said.”

Ironically, at about that same time, HUD was producing a PD&R that reflected university-level research on manufactured housing. Here’s how HUD describes a PD&R, “The U.S. Department of Housing and Urban Development’s (HUD’s) Office of Policy Development and Research (PD&R) supports the Department’s efforts to help create cohesive, economically healthy communities. … It is intended to help you identify PD&R data sets that can be used as a basis for your research or analysis.”

 

RegulatoryBarrierstoManufacturedHousingPlacementinUrbanCommunitiesHUDPDR-postedManufacturedHomeLivingNews595x357 (1)

The HUD PD&R screen capture – with linked download available here – arguably reflects a lack of understanding about how enhanced preemption could solve the affordable housing crisis using mostly private capital. The research is useful, but adding in the missing ingredient of enhanced preemption would make it priceless. 

That roughly 8 year old research commissioned by HUD made the point that the data reviewed proved  that manufactured homes could and did appreciate in value, and that it did do so side-by-side with conventional housing in urban neighborhoods as infill. Some of the biggest ‘hits’ on the manufactured home industry’s products and value-proposition were being debunked by university level scholarship.

Returning to Thompson’s narrative in the Atlantic, “Thirty years ago, I had a list of 90 manufactured homes makers,” said Thomas Roberts, a real estate agent with Century 21 Realty in Fremont, California, who works with mobile home makers. “Today, I don’t think there are more than 25. Nobody’s opening mobile home parks.”

Both of those claims were exaggerated at best, and were demonstrably errant. But Thompson was quoting someone else’s claim. And while factually wrong, the trend lines were broadly relevant.

 

MHI-21stMortgageKevinClaytonClaytonHomesManufacturedHoomeCorporationsPlantsDailyBusinessNewsMHProNews_001

 

There were dozens of fewer factories, and the creation of new manufactured home (MH) communities had slowed to a trickle.  As noted above, all of that can be traced in part to a restriction of capital/financing. That impacted the occupancy rates of MH communities, and thus also the creation – or lack thereof – of new land-lease communities.

DataCompMHVillageNewManufacturedHomeCommunityOpeningsNotMobileHomeParksManufacturedHomeIndustryResearchDataReportsMHProNews

 

Thompson next said, “Five broad factors account for the mobile home industry’s long slide. First, the housing bubble’s loose credit encouraged low-income families to buy regular “site built” homes instead of mobile homes. Second, the recession hit low-income folks who comprise most of the mobile home market harder than average. Third, the housing bubble’s collapse killed the price of houses and condos, making them a better deal for low-income families (especially since manufactured homes depreciate in value, while a house’s value increases over time). Fourth, older couples who would normally sell their house to buy a mobile home are waiting for the value of their houses to rebound. When the market recovers, they’re more likely to buy “modular homes,” which differ from mobile homes because their walls are put together on site.”

That is once more laced with errors and accurate insights alike. Modular homes are built in modules, with the walls already assembled, plus an ongoing terminology issue, misusing ‘mobile homes’ when he means ‘manufactured homes.’ But those errors aside, several point are broadly correct. Furthermore, in Thompson’s defense, he was citing third-party sources. So, he might be forgiven technical industry errors in writing a one-and-done column about what he thought was a dying industry.

 Terminology2HarvardFreddieMacNeighborworksManufacturedHomeDefintionMobileHomeTraileModularPanelizedDailyBusinessNewsMHProNews432

 

Thompson rolls on in his narrative in this fashion. 

Fifth, and most importantly, even when demand for mobile homes returns, retailers might be left in the dust. A new trend in mobile homes is for manufacturers to open their own outlets, so that retailers are bypassed.” That was a telling comment, on what industry professionals refers to as vertical integration.

 

 

Wrote Thompson, I actually think the next six years are going to shape up for [mobile homes] really well,” said Thayer Long at the Manufactured Housing Institute. “People are looking for smaller homes, and dollar-for-dollar, we offer the best house.” Thompson or his editor clearly should not have inserted “mobile homes” in brackets, given that Thayer Long well knew that they are HUD Code manufactured homes. For newcomers, in the U.S., there have been no mobile homes built in the U.S. since June 15, 1976, in Thompson’s misinterpreted sense of the term.  In Canada, their mobiles homes of the past, gave way to their Z240 code for manufactured homes decades ago as well. 

But what followed from Thompson was arguably vexingly correct, “The future of the industry will resemble Clayton Homes, a mobile home conglomerate which was acquired by Warren Buffet in 2003. Clayton started as a retailer, but they’ve expanding into manufacturing, financing, leasing, and insuring mobile homes. Now the company is a do-it-all industry leader that even serves as a distribution center for other manufacturer’s homes. Thus sounds the death knell for private mobile home retailers.”

While that was broadly accurate, what Thompson did not note was how this was being accomplished. Once more, the facts presented in the report previously linked or here paints a more complete picture.

 

 

TrailerHouseMobileHomeManufacturedHomeFactoryBuiltHousingEvolution101MHProNews-MHLivingNews

You must meet people where they are. Terminology must be taught and caught. Make a habit of using the correct terminology.

 

Disclosures About Disclaimers  

Think about this fact. Mainstream news media routinely uses other firms logos, content, videos, and images. How do they do that without getting sued for copyright violations?

Short answer?

First, we are not attorneys, but our reading of what federal websites and the courts have upheld is the following. That under the principle of “fair use,” media is able to use others content in specifically defined ways. So, when a firm like MHProNews uses Clayton Homes, 21st Mortgage, or the Manufactured Housing Institute logo of content, and stays within those “fair use” for news-media lanes, they are a legal defense from a claim of copyright infringement.

That’s mentioned for a few reasons.  One, while the Atlantic provided their fair use disclosures in their article by Derek Thompson differently than MHProNews has been doing for years, they gave disclosures too. No doubt, those disclosures where provided with fair use guidelines in mind.

Here is how the Atlantic finished up their disclosures on Thompson’s article.

Photo: Afroswede/Flickr

____

*Contrary to common belief, today’s manufactured or mobile homes don’t all look like 1960s caravans, with the cinder-blocks and wheels. Manufactured homes are prefabricated houses built entirely off site and delivered to where the family has leased land. They can look awfully like real “site built” homes. See for yourself on Clayton’s gallery of manufactured and modular homes. The word “mobile” doesn’t always to their constantly moving — although many mobile homes are built on wheels — but rather their ability to be transported when needed.”” MHProNews Footnote 1: coming from a non-MH industry professional, that’s a pretty good mainstream explanation of a manufactured home.

Thompson and/or his editor used a British expression “1960s caravans” to distinguish the mobile homes of the past, with the manufactured homes of today. At the end of their article, they essentially corrected the terminology errors the rest of the Thompson article used. That is arguably better than many in mainstream media do, given that thousands of articles or videos errantly use ‘mobile home’ indiscriminately and/or interchangeably with manufactured homes. 

 

BagPhonesToCellPhonestoSmartPhones2019ManufacturedHousingIndustryDailyBusinessNewsMHProNews

 

There are phases are different points in the evolution of the factory-built home industry history, just as there has been an evolution in telephones, computers, automotive or scores of other industries. For instance, one doesn’t properly call an old bag phone from the 1980s – the early version of a cell phone  to the smart phones of today.  The two are different, but the former evolved over the years into the later.

 

TerminologyMattersBecausetheTerminologyDescribestheConstructionStandardsHomeBuiltToSteveDukeLMHAaMHLivingNewsMHProNewsBiggerPocketsSunshineHomesRedBayAL

The terminology matters because
the terminology determines the
construction standards a home was
built to,” Steve Duke, LMHA.

 

Thompson’s article linked to Clayton’s website. It bears mention that an article last year in the Boston Globe, didn’t link Clayton’s site, but it did spotlight Clayton Homes produced homes and pricing. More on that another time. 

Finally, about what some might see as the overuse of third-party discourse notices on MHProNews. MHI has had multiple attorneys over the course of years sending threatening letters to the publisher of MHProNews. Among those are “cease and desist” letters are complaints about the use of a logo, which were part of the fisking of their content. Those attorneys arguably must know – if they are worth their salt – that they have no legal leg to stand upon. That’s not to say that they can’t sue.  In America, almost anyone can. But MHI – and the powers behind their throne – must know it is a hollow threat in the sense that they realize that MHProNews is operating within the guidelines of fair use.  

What MHI attorneys, leadership – elected or staff – have not done is debunk or disprove any of our research. They arguably want to silence this platform, which is demonstrated in a variety of ways. But emailed invitations as recently as last week to: Clayton, 21st, Cavco, Nathan Smith/SSK Communities, and MHI’s staff leadership have yet provided not a single intelligent response that debunks a even one claim or concern raised here or on MHLivingNews. Rather, MHI and their powers-that-be demonstrably have used efforts – like threats of litigation – to silence us by threats and intimidation tactics?

What should that tell the industry’s readers and investors?

HowardWalkerJDELSViceChairmanPhotoManufacturedHouisngInstituteMHIExecuitiveCommitteeBoardMemberDailyBUisnessNewsMHProNews

The words of the late Howard Walker, ELS Vice Chairman, shared for publication with MHProNews.

TimWilliams21stMortgagePublicationDailyBusinessNewsMHProNewsMHLivingNews

Some of those who allegedly are now resisting the reports on MHProNews, have previously and publicly praised MHProNews as the best in the industry.

What messages from readers and third-party metrics tells us is this. Our readership – which was already the runaway #1 in manufactured housing trade media – has skyrocketed since we began our exposes of the purportedly rigged, corrupt system that the Omaha-Knoxville-Arlington axis and their allies have used to slowly monopolize manufactured housing. What this article in the Atlantic did was identify the trend.  What the Atlantic’s Thompson didn’t do is identify how that was done by manipulating capital, credit, and more.  Again, click here to learn more.

CaseyMackLegacyHousingManufacturedTinyHomesKudosMHProNews

LegacyHousingUpcomingPlantShowBANNER-AD-3

Legacy returned as a sponsor. Placement of their ad, or any others, shouldn’t be construed as that sponsor agreeing with any specific article.

Others think that they also benefit Omaha-Knoxville-Arlington axis and what is arguably a rigged system too. But there are growing voices within those operations that confirm and thank us for reports like this one.  The rise of former MHI members, who launched new trade groups, or left MHI, are evidence that the research here is based on realities that others in manufactured housing recognize, and are acting upon.

 

Atlantic/Thompson Fisking Takeaways? 

Are independent manufactured home retailers SLOWLY dying?

The trend lines say, sadly, yes. A state association executive said almost the same rate of decline in the total number of independent retailers roughly a year ago. Facts and trend lines are what they are. 

ManufacturedHousingSHipmentsBloombergQuintFactoryBuiltRebuidRecoveryDailyBusinessNEwsMHproNEws

Spotlighting this trend is debatably necessary as part of the process for the underlying causes of affordable housing’s crisis.  “We Provide, You Decide.” © (News, analysis, and commentary.)

 

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To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

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SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

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New Era in National U.S. Manufactured Home Community Representation Underway?

Production Decline Continues in November 2018

 

Independent National Manufactured Housing Post-Production Association Takes Major Step

 

 

 

 

 

To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com


Manufactured Housing Institute on Urban Institute, Bloomberg, National Association of Realtors Reports Praising Manufactured Homes

January 10th, 2019 No comments

 

MHILogoManufacturedHOusingInstituteOnUrbanInstituteBloombergNationalAssociationRealtorsReportsPraisingManufacturedHomes

Imagine for a few moments that a law would allow you to place a new HUD Code manufactured home someone wants to purchase in one of the numerous areas where they are currently being zoned out by local officials.  There is arguably no need to imagine that, because that law exists. It is a federal law already on the books. To set the table on this analysis, it is useful to read or refresh yourself on the topic of “enhanced preemption.”  That’s an important and useful provision under the Manufactured Housing Improvement Act (MHIA) of 2000.

 

Yesterday, the Daily Business News on MHProNews presented an eye-opening fact-check that underscored where you can most easily find information online when searching Google for “manufactured housing” and “enhanced preemption.”  That report can be accessed by clocking on the hotlinked text/image box below.

 

Surprising Discovery on Manufactured Housing’s Enhanced Preemption, Hidden Gem$

 

Next, imagine that you wanted to tell your fellow Americans the facts about the good news of manufactured housing.  In the course of the year, several third-party research items make the news, which on balance, were favorable to the industry.  You’d want to refer to some of that research, wouldn’t you?

Common sense suggests, yes. Just as companies use testimonials to bolster their claims, so too industries, companies, or institutions routinely point to outside research by a third-party that ‘makes their case.’

Yesterday, and today, two separate reality-checks are going to make something ever more clear.  Using their own website’s search tool, MHI has apparently no content on their own website that says anything about ‘enhanced preemption.’

Furthermore, after discovering the above, the industry’s most-read trade media – MHProNews – did an additional check.

Is MHI showcasing the positive third-party reports about modern manufactured homes on their own website?

Again, based upon the results shown from their own website search tool, the surprising – shocking, and disappointing – answer is, no.  MHI has made no mention of the positive research on their own website of the reports by the Urban Institute, Bloomberg, or National Association of Realtor research.

 

BloombergUrbanInstituteManufacturedHousingInstutyteLogoMHIlogowebsiteFactCheckMHProNews

 

What’s going on?

 

NationalAssocRealtorsRealtorUniversitySitesearchManufacturedHOusingInstiuteLogoMHILogo

 

Fair and Balanced…

One of the searches for those 3 positive reports on manufactured housing provided a link to this article linked here, which is reproduced under fair use guidelines for media. The linked article is overall okay. But there is not one word about enhanced preemption, while they do raise the argument of “Affirmatively Furthering Fair Housing” (AFFH).

If challenged, either an appeal to AFFH or “enhanced preemption” would likely have to be adjudicated. An industry attorney observed that while both could be useful arguments to advance the industry’s interests, the AFFH argument requires both factual research/evidence but also a legal argument.  By contrast, the Enhanced Preemption assertion requires only a legal argument, a simpler case.

 

Furthermore, HUD Secretary Ben Carson has already said publicly that “I hear you” to the manufactured home industry’s concerns and issues.  Given that the Trump Administration has said that it wants to enforce the law, isn’t it just common sense that the simpler argument at least be raised by the industry’s largest trade group?

 

“A New Era of Cooperation and Coordination,” is Promised by HUD Secretary Carson, Saying “I Hear You”

 

In the light of the first report linked above and here, a non-MHARR industry producer emailed yesterday to say that MHI is “as worthless as tits on a boar hog,” a colorful, if sexist sounding, assertion.

MHProNews publisher L. A. ‘Tony’ Kovach represents the growing numbers of industry voices with more sobering concern.  Kovach says that there is a case to be made that the “Omaha-Knoxville-Arlington Axis” – which obviously has made MHI it’s favored industry trade group – is allowing actual and artificial headwinds to limit the industry’s growth and recovery.  That in turn allows larger companies to slowly, steadily “consolidate” smaller ones that weary of the barriers to remain or enter the industry.

 

 

 

In that view, articles like the two below are window dressing. “You could call these MHI articles razzle dazzle, red herrings, window dressing, or head fakes,” Kovach said. “It’s like their latest emailed news update.  Not one word about the drop in new manufactured home shipments.  Instead, you have a bunch of photos of people who met in Washington, D.C.  You have plenty of plugs for their next events, which are profit centers. So, where is the actual performance of MHI? As the classic Wendy’s commercial asked, ‘Where’s the beef?’”

 

 

The articles on zoning and manufactured housing used in their claimed battle for using more manufactured homes as affordable housing are as linked here.  The images that are shown therein have been added by MHProNews to juxtapose what MHI has done, with the sometimes stark comments by others – including MHI affiliates and members – on the topics of enhanced preemption and the promotion of the industry that they claim to represent.  In the light of such facts, is it any wonder that a new national trade association is taking shape?  Or that rumblings for another to represent independent retailers and others are growing? See the related reports, linked further below. ## (News, analysis, and commentary.)

 

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(Related Reports are further below. Third-party images and content are provided under fair use guidelines.)

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

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To see a sample of our emailed news update, click here. To sign up for the factory-built home industry’s #1 headline news, click here or the graphic above.

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SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

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New Association Weighs In, Giving Credit Where It’s Due, Opportunitie$, But Winds of Change Challenge Manufactured Housing’s Future

Two Great Laws Already on the Books NOW,  Can Unlock Billion$ Annually for Manufactured Housing Industry Businesse$, Investor$

Independent National Manufactured Housing Post-Production Association Takes Major Step

 

 

 

 

 

 

To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com


Mobile Home Replacement Plan Offers Upgrade to Manufactured Homes

January 9th, 2019 No comments

MobileHomeReplacementPlanOffersUpgradeManufacturedHomesMankatoMNFreePressDailyBusinessNewsMHProNews

The Minnesota Valley Action Council (MVAC) and city of Mankato officials met with mobile home owners, community owners and management, plus representatives of the United Community Action Partnership to discuss the initiative second phase of a project to replace older mobile homes there.

 

MVAC and Mankato hope to replace at least five more “run-down mobile homes” over the next 18 months using $110,000 in federal and state dollars, per the Free Press.

The program provides forgivable loans for eligible homeowners to purchase a newer HUD Code manufactured home.

We should not have people living in substandard housing,” said Judd Schultz, housing services director for MVAC. “This program is a small step but it’s doing a good job getting people into a better house, which is stabilizing their lives and making them healthier.”

Another goal of the program, aid the Free Press, is to remove blight in the mobile home parks. The vacated homes are demolished.”

It all comes down to building a better quality of life in these mobile home parks,” said Mankato Department of Public Safety Cmdr. Dan Schisel.

 

 

A pilot program in 2017 replaced four homes in three communities. Five of the six manufactured home communities in the city signed on to participate in phase two. Discussions are underway to expand the plan in other parts of their county.

 

TrailerHouseMobileHomeManufacturedHomeFactoryBuiltHousingEvolution101MHProNews-MHLivingNews

You must meet people where they are. Terminology must be taught and caught. Make a habit of using the correct terminology.

 

Some in manufactured housing have expressed a desire to push this type of project more broadly.  There are variations of this concept in different parts of the U.S. That’s MH “Industry News, Tips, and Views Pros Can Use,”  © where “We Provide, You Decide.”  ©  ## (News, analysis, and commentary.)

 

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To report a news tip, click the image above or send an email to iReportMHNewsTips@mhmsm.com – To help us spot your message in our volume of email, please put the words NEWS TIP in the subject line.

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NOTICE 2: Readers have periodically reported that they are getting a better experience when reading MHProNews on the Microsoft Edge, or Apple Safari browser than with Google’s Chrome browser. Chrome reportedly manipulates the content of a page more than the other two.

(Related Reports are further below. Third-party images and content are provided under fair use guidelines.)

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.

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2) To pro-vide a News Tips and/or Commentary, click the link to the left. Please note if comments are on-or-off the record, thank you.

3) Marketing, Web, Video, Consulting, Recruiting and Training Re-sources

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsSubmitted by Soheyla Kovach to the Daily Business News for MHProNews.com. Soheyla is a managing member of LifeStyle Factory Homes, LLC, the parent company to MHProNews, and MHLivingNews.com.

 

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The First Step to Problem Solving and #HousingChoice

The “Need For Quality Affordable Housing Has Never Been Greater,” Says LT

 

Bridging Gap$, Affordable Housing Solution Yields Higher Pay, More Wealth, But Corrupt, Rigged Billionaire’s Moat is Barrier

 

 

 

 

 

 

 

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Why Did Stocks Tank in December? Plus Manufactured Home Stock Market Updates

January 9th, 2019 No comments

CNNmoney1.9.2019ManufacturedHomeStocksMarketsReportsMHProNewsOn the fourth day in a row that markets rose, and most manufactured housing industry tracked stocks rose as well, we will look at reports on data that may help explain why markets dropped in December, 2018.  That will be this evening’s featured focus.

 

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.

 

Select bullets from CNN Money…

  • The global market for smartphones is shrinking
  • Smartphone sales fell for the first time in 2018. This year may be better
  • The worst news for the stock market has been priced in — for now
  • CEOs are leaving US companies as economic uncertainty grows
  • The world’s richest couple is splitting up
  • Cheap wine is over. Now one big alcohol company has to adjust
  • More big consumer companies will bet on pot this year
  • Her clothes are keeping female construction workers, firefighters and paramedics safe
  • 4 signs a company is a good employer for women
  • The Dow has spiked 2,000 points since Christmas Eve
  • Saudi Arabia has always claimed vast oil reserves. An audit just proved it’s right
  • Car sales drop in China for the first time in 20 years
  • Miscarriages are common. At work, a culture of silence keeps women quiet
  • Baidu self-driving vans to deliver Walmart groceries
  • GM and DoorDash to deliver food in self-driving cars
  • Waymo starts giving public rides in self-driving vans
  • Uber wants to test self-driving cars again after fatality
  • Planes may hold the secret to safe self-driving cars
  • Chobani looks beyond yogurt
  • Kroger and Microsoft partner up to take on Amazon
  • Pizza Hut expands beer delivery service
  • Chipotle’s new strategy: Dieters welcome
  • This coffee company thinks it can beat Starbucks in China

Select Bullets from Fox Business

  • Amazon’s Jeff Bezos divorcing after 25 years of marriage
  • Stocks rise on optimism about trade talks
  • After Bezos split, here’s a look at some of the 5 most expensive divorce settlements
  • MacKenzie Bezos could be world’s richest woman following divorce from Amazon CEO
  • America’s cheese problem is at an all-time high
  • Trump has bested Pelosi, Schumer on national security battle: Varney
  • C. Penney announces more store closures
  • Toyota announces recall of 1.3 million vehicles in US
  • This could be the world’s biggest economy in 2030
  • Trader Joe’s ranked top US grocery store chain
  • Fed minutes reveal dovish approach to rate hikes this year
  • Trade meetings conclude in China as hopes of a deal build
  • New York City’s iconic Chrysler Building is up for sale
  • Inside Disney’s massive ‘Star Wars’: Galaxy’s Edge attraction
  • LA teachers prepare to strike for first time in 30 years
  • Costly mistakes to avoid before and after a car accident
  • Britain will leave EU on March 29
  • Mortgage applications rise over 20% as rates drop
  • Sears gets a lifeline, one last shot at survival
  • Biggest engine ever to power Boeing’s biggest jet
  • Dish Network Chair Charlie Ergen in 5G hot water with FCC
  • Cowboys owner Jerry Jones’ $250M yacht has a helipad and spa
  • Government shutdown: Trump giving best effort to ‘minimize’ impact, Sarah Sanders says
  • 5G wireless spectrum expected to roll out in 2019 and 2020
  • Top Trump official to pharmaceutical industry: President won’t stop until drug prices drop

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

9MarketIndicatorsYahooFinance1.9.2019DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue1.9.2019DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 –

 

WhyDidStocksTankDecember2018PlusManufacturedHomeStockMarketUpdates

Most manufactured housing industry track stocks rose today, as a look at the Bloomberg closing ticker on our evening market report reflects.

The question has been asked for weeks, what was behind the market sell-off in the final quarter of 2018 – notably in December? Here are some views on that subject from CNBC.

  • First, on the upside, the 2017 tax cut ‘was not a sugar high,’ says one of the CNBC panelists, who says he doesn’t see a reason to fear recession until at least 2021 or 2022.
  • In recent days, Apple, Constellation Brands, Lennar and Samsung have lowered financial forecasts.
  • For the fourth quarter, 72 S&P 500 companies have issued earnings warnings, twice as many as have issued positive guidance, according to FactSet.
  • Analysts are now looking for single-digit earnings growth for the next three quarters of this year.

 

The Fed is expected to be less aggressive this year too, as the latest meeting minutes and other indicators suggest.

 

 

Volatility is still expected, is a common view, but that will be due in part to global and political concerns.  The U.S. economy, as MHProNews has reported for months, is still looking sound.

Related Reports:

Surprising Discovery on Manufactured Housing’s Enhanced Preemption, Hidden Gem$

Allianz’s Mohamed El-Erian Says Globe Slowing, but U.S. “Very Good Place” Economically, Plus MH Market Updates

 

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).

 

1.9.2019DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.

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.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe Provide, You Decide.” © ## (News, analysis and commentary.)

(Image credits and information are as shown above, and when provided by third parties, are shared under fair use guidelines.)

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

To submit a news tip, please click here: iReportMHNewsTips@MHMSM.com