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Home > Advocacy, Analysis and Commentary, Association, housing, Manufactured Homes, Manufactured Housing Industry, News, research > Realtor University, Journal for the Center of Real Estate Studies, Makes Corrections– “The Market for Manufactured Homes,” by Scholastica ‘Gay’ Cororaton, CBE

Realtor University, Journal for the Center of Real Estate Studies, Makes Corrections– “The Market for Manufactured Homes,” by Scholastica ‘Gay’ Cororaton, CBE

July 25th, 2018

 

RealtorUnivMakesCorrectionsJournalREStudiesTheMarketForManufacturedHomesScholasticaGayGororatonCBEDailyBusinessNewsManufacturedHomeIndustryProNewsIt took under one week from the day since Mark Weiss, JD, President and CEO of the Manufactured Housing Association for Regulatory Reform (MHARR) and MHProNews/MHLivingNews publisher L. A. ‘Tony’ Kovach reached out to a National Association of Realtors researcher for corrections to be made in their seminal report on manufactured homes.

 

The Daily Business News on MHProNews hereby acknowledges and thanks Scholastica ‘Gay’ Cororaton, Certified Business Economist (CBE) for making the corrections.ScholasticaGayCororatonCBENARRevisionsRealtorUniversityDailyBusinessNewsMHProNews598x493

MobileManufacturedHomesAsPercentageofTotalHousingUnitsin2016NARDailyBuisnessNEwsMproNews

Corrected map and data about distribution of manufactured and mobile homes by state.

Not only where the errors corrected, but Cororaton went the extra mile by thanking Weiss and Kovach for their outreach and input in making those correction.  The corrected NAR report is linked here, and the thirty pages of facts and figures starts on page 48.

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Millions of people are looking on manufactured home sites every year.  Yet only about 108,000 (+/-) new manufactured homes are expected to be sold in 2018.  Why so historically low?  

Why it Matters?

Several reasons, but let’s look at just 3 for today.

1) As MHProNews previously noted, facts matter to those researching, pondering policy positions, or considering investing in the manufactured home industry.

As one of several ‘wheat and chaff’ observations previously cited, Frank Rolfe is among the Manufactured Housing Institute (MHI) members who has said that solid data and information are desired by lenders and investors.  When some errors are found, other facts may be questioned.  It is professional and honorable to get the facts accurately reported.

 

2) By contrast, MHI has stubbornly refused to correct factual errors that have been brought to their attention.  One of several examples is linked below. Why won’t they stand up for accurate information?

Frank Rolfe, Dave Reynolds, George Allen, Manufactured Home Community Controversy Continues

If Rolfe’s point makes sense – and numerous industry professionals see the common-sense wisdom of accurate information – then why doesn’t MHI?  What makes the Arlington, VA based trade group so unwilling to admit errors, when their own prior Chairman publicly admitted that they’ve made errors in the past, and should strive to avoid them in the future?

 

Is it because – as Richard “Dick” Jennison himself said, that MHI wants to see the industry grow slowly?  Who does that benefit?

 

3) The NAR Correction Case Points to the Path for Better Understanding, Based Upon Sustainable Education Based Solutions

What manufactured housing has arguably needed for years to achieve new highs is to make the case based upon evidence and factual information, that third parties could verify.

Facts combined with real interviews with experts and home owners pave the path for more sales.

Snippet from Affordable Housing Focus Group Video

 

This isn’t theory, it’s a known by-product of making a rational case for manufactured homes.

 

The Manufactured Home (MH) Industry has waited for years for MHI to live up to its claimed status of representing all aspects of factory-built housing.  For whatever reasons one cares to suggest, its difficult to deny that they’ve demonstrably failed at that, as the Washington Post report, or the failure for MHI to engage researchers and third-party media in correcting errors proves time and again.

New manufactured home sales are sliding in some states. How is that tolerable during an affordable housing crisis?

MHVillage Confirms Data, and Michigan Operational Slide Revealed

 

The Next Step?

A successful independent – one who has not publicly made such an offer previously, and one who is not a member of the Manufactured Housing Association for Regulatory Reform (MHARR) – recently emailed the following to MHProNews about the need for a new, post-production national MH association.

I support it and I would support consolidating efforts with MHARR. If retailers would bow up and tell the MHI manufacturers they want dues paid to a new association rather than MHI there will be change. I do believe the majors have weaponized regulation that further entrench their companies or widens and deepens their moat. Keep my name off it please but I’ll support the efforts if their is enough backbone out there,” quoting the message verbatim.

MHARR made it clear last year that they are open to more producers – factory-builder members – and support a new post-production association. But they also said they believe that it is in the industry’s interests to have a separate post-production association.

Study Recommending New Manufactured Housing Association for Independent Retailers, Communities, Lenders, Others Released

MHARR’s reported success in dealing with the Pam Danner issue, as the Washington Post made clear, demonstrates what can happen by direct engagement with the more pro-business Trump Administration.

Greener, Stylish Manufactured Homes – Hidden Facts in the Washington Post Manufactured Housing Narrative

MHProNews editorially supports such a move, and invites interest from those who would “bow up” to what Marty Lavin called “the big boys” who have bent MHI to serving their interests, rather than those of the industry at large.

A new post-production association could make it a point to routinely contact media and researchers each and every time a false report is published or produced.  That in time could be more effective than spending tens of millions on marketing.

The Protecting, Education, and Promoting (PEP) the truth about manufactured homes – and leveling the regulatory and placement playing field – are what a new trade body should be laser focused on.

Your thoughts on the need for a new, post-production association to supplant what MHI debatably fails to do?  “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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

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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.

 

 

 

 

 

Related Reports:

New Home Sales Fall to 8-Month Low in June, Data Signals Trouble – or Opportunity in Disguise for Manufactured Housing?

‘Tip of Iceberg’ – Rick Rand; Marty Lavin, Communities have ‘No Confidence’ in Manufactured Housing Institute, New National Trade Group Announced

Investors, Heartbroken Home Owners, Site Building Giant DR Horton, and Manufactured Housing

 

“Even When We Had a Hurricane, It Wasn’t This Bad,” Profitably Decoding Post-Windstorm, Survivor of Possible Tornadoes Statement, Impacting Manufactured Home Community, Manufactured Housing Industry


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