RedFin CEO On Tax Reform Impact on Housing, Plus MH Market Update$

CNNmoney12.27.2017ManufacturedHomeStocksMarketsReportsMHProNewsRedfin is a real estate site, akin to Zillow.

Redfin CEO, Glenn Kelman said today that “Silicon Valley is going to leave Silicon Valley — that’s already happened,”  told CNBC.  That report will be our featured video and spotlight for tonight.

If you’re new, already hooked on our new spotlight feature – or are ready to get the MH professional fever – our headline reports are found further below, just beyond the Manufactured Housing Composite Value for today.

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

Part of this unique feature provides headlines – from both sides of the left-right media divide – that saves 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.

MH “Industry News, Tips and Views, Pros Can Use.” ©

Selected headlines and bullets from CNN Money:

  • 6 tech predictions for 2018
  • Apple got a tax break. Will it bring billions home?
  • Tax cuts may create jobs. But where are the workers?
  • The top global stock markets of 2017
  • Homeowners line up to pre-pay property taxes
  • These were the exotic supercars of 2017
  • Bannon adviser: Ryan challenger is ‘dead to us’
  • Indian billionaire quits business after brother’s price war
  • 2017 was a great year to be rich
  • Your next home could be made of algae
  • Why your holiday returns may end up in a landfill

 

Selected headlines and bullets from Fox Business:

  • S. holiday sales set to break records in surprise boon to retail
  • Retail Apocalypse: 21 big retailers closing stores in 2017
  • Oil falls from 2015 highs as rally falters
  • Tech buoys Wall Street in low-volume session
  • Trump administration looking to lower price of health care plans next year
  • Equifax hack: What we learned
  • FBI ‘purge’? Subpoena DOJ, FBI officials, Rep. Francis Rooney says
  • Disneyland in California faces power outage
  • Trump’s crushing ISIS while Obama let it expand: Gen. Keane
  • Corey Lewandowski responds to Joy Villa’s sexual assault allegations
  • Powerball, Mega Millions jackpots swell to a combined $643 million
  • Top 8 money mistakes to avoid in 2018

 

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here

Reports, Reflections on Media Tilt, Bias, Ignorance, and Manufactured Housing

MediaBiasChartSharylAttkissonLeftRightPostedDailyBusinessNewsMHProNews
Full Measure’s Sharyl Attiksson’s media bias chart is useful in sorting out the agendas behind various headlines and news sources. 

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

 

S&P 500 2,682.62 +2.12(+0.08%)

Dow 30 24,774.30 +28.09(+0.11%)

Nasdaq 6,939.34 +3.09(+0.04%)

Russell 2000 1,543.94 -0.29(-0.02%)

Crude Oil 59.62 -0.35(-0.58%)

Gold 1,292.00 +4.50(+0.35%)

Silver 16.74 +0.14(+0.82%)

EUR/USD 1.1893 +0.0033(+0.28%)

10-Yr Bond 2.414 -0.053(-2.15%)

 9MarketIndicatorsYahooFinance12.27.2017DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value

YahooFinanceManufacturedHousingCompValue12.27.2017DailyBusinessNewsStocksMarketsDataReportsMHProNews

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

Amazon’s search for a second headquarters outside Seattle is just the beginning of a tech exodus from expensive coastal cities to cheaper inland locations, Redfin CEO Glenn Kelman said Wednesday,” per CNBC.

The technology companies, the Wall Street companies, they’re chasing the talent, [and] the talent is chasing affordable housing, Kelman said.

 

Is this yet another reason for manufactured housing pros to position themselves in their local markets as that positive solution?  Yes.

 

GlennKelmanRedfinCEOSept2005PublicJuly2017DailyBusinessNewsMHProNews

KYPs, and the $64 Billion Dollar Question-Monday Morning Manufactured Housing Sale$ Meeting

See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

Profitable Insight$ – POTU$ Trump Effect on MH Stock$ at 1 Year, Part 4

Suppliers LPX, Patrick, Manufactured Home Builders Nobility, Skyline Homes – the Trump Effect on MH Stocks, Markets Part 3

Trump Effect – 1 Year Election Impact on Manufactured Housing Connected Stocks, Part 2

Just the Facts – Trump Effect on Manufactured Home Connected Stocks, Part 1

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).

 12.27.2017DailyBusinessNewsManufacturedHousin

 

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 a recent round of 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.”

We Provide, You Decide.” © ## (News, Analysis.)

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

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

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