Posts Tagged ‘Data’

Cavco Gets Negative News – Today’s Spotlight. MHCV Continues Rally

June 14th, 2017 Comments off

6142017CNNMoneyManufacturedHousingIndustryDataReportsResearchDailyBusinessNewsMHProNewsWhat are the headlines that moved investors?  The bullet views from two sides of the media left-right aisle are below.

Bullets from CNN Money.

  • DeVos halts Obama-era student loan protections.
  • She was 13 when her family fled to Mexico.
  • Fed hikes interest rates by quarter point.
  • Fox News drops ‘Fair and Balanced’ slogan.
  • Innovative therapy swaps kid’s wheelchairs for toy cars.
  • Canada wants to be the next Silicon Valley.
  • 196 Democrats sue Trump over foreign money.
  • Congressman shot at GOP baseball practice.
  • Nike is the next U.S. company in Europe’s crosshairs.
  • Trump’s newest Chinese trademarks.
  • Jones interview sends Megyn Kelly’s advertisers fleeing.

Headlines in bullets from Fox Business today:

  • Federal Reserve raises rates, plans to reduce balance sheet this year.
  • Breaking down the Fed’s decision to raise interest rates.
  • Federal Reserve hikes rates, Yellen takes questions.
  • Wall St. dips after Fed rate hike; tech slumps again.
  • Oil sinks to November lows on shock U.S. gasoline build.
  • Scalise shooter dead after attacking baseball practice for upcoming charity game.
  • James T. Hodgkinson: Alleged Scalise shooter was Sanders volunteer, wanted to ‘tax the rich.’
  • Ivanka Trump: Apprenticeship could help fill 2M manufacturing jobs.
  • Multiple victims from UPS center shooting in San Francisco.
  • Tyson Foods lobbyist among victims in GOP baseball shooting.
  • Home Depot co-founder Marcus: I’m worried about the lives of President Trump, Speaker Ryan.

9 Key Market Indicators, at this afternoon’s closing bell…

S&P 500 2,437.92 -2.43 (-0.10%)

Dow 30 21,374.56 +46.09 (+0.22%)

Nasdaq 6,194.89 -25.48 (-0.41%)

Crude Oil 44.74 -1.72 (-3.70%)

Gold 1,262.00 -6.60 (-0.52%)

Silver 16.88 +0.11 (+0.64%)

EUR/USD 1.1219 +0.001 (+0.09%)

10-Yr Bond 2.138 -0.069 (-3.13%)

Russell 2000 1,417.57 -8.41 (-0.59%)



Manufactured Housing Composite Value 6.14.2017


Manufactured Housing Connected Stocks

Today’s Big Movers

Carlyle and UFPI lead the gainers.  Patrick, Cavco, and Skyline lead the decliners. See below for all the scores and highlights.

Today’s MH Market Spotlight Report – Cavco Industries


Cavco, per the Markets Daily:


Credit: Cavco Industries.

News coverage about Cavco Industries (NASDAQ:CVCO) has trended somewhat negative on Saturday, AlphaOne Sentiment reports.

AlphaOne, a service of Accern, identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real time.

AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable.


Cavco Industries earned a daily sentiment score of -0.10 on AlphaOne’s scale. AlphaOne also assigned media coverage about the construction company an impact score of 0 out of 100, indicating that recent press coverage is extremely unlikely to have an impact on the stock’s share price in the near future.”

The stock dipped today. But the one year snapshot for Cavco is below, and it clearly reflects an upward trend.


See Recent Exclusive 1 Year Snapshot of All Tracked Stocks

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

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



Berkshire Hathaway is the parent company to Clayton Homes, 21st Mortgage, Vanderbilt Mortgage and other factory built housing industry suppliers. LCI Industries, Patrick, UFPI and LP all supply manufactured housing, while AMG, CG and TAVFX have investments in manufactured housing related businesses. ##

(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.

Sunday Morning Weekly Recap Manufactured Housing Industry News June 4 to June 11, 2017

June 11th, 2017 Comments off

MHProNewsHomePage610.2017IpadManufacturedHousingIndustryReportsRecapResearchDataThe New June articles on the home page are live, and a few more will be posted in the next week.

If you’ve been on vacation, or are new to the Daily Business News on MHProNews, welcome to our weekly recap of the Manufactured Housing industry’s News, Tips and Views that Pros Can Use.” ©

As Jay Hamilton, Executive Director for the Georgia Manufactured Housing Association has advised his members, “Below is a link to an article from MHProNews about ScotBilt HomesMHProNews is the nation’s leading provider of industry news to Manufactured Housing Professionals.”

Thank you, Jay, and all those who share and make the work on this site possible.

First, what’s new on MHLivingNews this week.

Meet ÖÖD – $50,000 Mirrored PreFab – Glass, Class and Fast – and Compare


What’s New on the Daily Business NewsReports, Research, Data, News, Analysis

Sat – June 10, 2017

Explosive! MSU’s Mark Skidmore on Flawed Tornadoes and “Mobile Homes” Study, Exclusive


Friday – June 9, 2017

BAM! Brookfield’s 2 Billion Dollar Spotlight, plus Carlyle, LPX Gain


Public Policies May Hurt Poorer, Older Residents

Meet Sophia, AI Robot Wants Your Job, Says “Trust Us”


No Fire, Just Smoke, and Democratic Clinton Supporter Says, Enough – Video


Thursday – June 8, 2017

Third Ave MH Position Revealed, Markets Welcome Comey-Trump Nothing Burger

Meet ÖÖD, $50,000 Mirrored PreFab Installs in 8 hours


Financial Choice Act, with MHI Bill, Heading to Floor Vote, Outlook, Analysis\\

Residents Bought Time, But City Still Taking Aim at Their Location, Video


Wednesday – June 7, 2017

Action Alert! Billions in Opportunities, Industry Professionals, Deadline for Comments to HUD Loom


Sky, Sun Leaders, UFPI, LCI Sliders, Comey Testimony Buoys Markets

DataComp, JLT Associates Announces New Manufactured Home Market Reports


Surprise! President Trump Polling Better than Bill Clinton at This Stage of Presidency; Impact

Northpoint’s nearly 900 Million Portfolio Being Acquired by Canadian Laurentian Bank


Tuesday – June 6, 2017

Community Stocks Taking Hits, Patrick, LCI Roar, MHCV Slides


Pouring Gas on PreFab Fire, CNN Report Spotlighted



Manufactured Modular Home Business Plans New Location

Modular Building Institute, ICC Working Together to Boost Modular, Offsite Building

Correcting the Record, Tornadoes, Mobile and Manufactured Homes, Michigan State University Study


Monday – June 5, 2017

Nationwide Fund Cuts ELS, Killam and Skyline Lead Movers, MHCV Dips

Manufactured Housing Industry New Home Production, Shipments Report for April 2017


HomeLane – Lessons for Americans from Indian Modular Company?

Hobart, Factory Home Building Pioneer, Turns 100

Department of Justice, Anti-Trust, and Manufactured Housing Institute (MHI)


Sunday – June 4, 2017

Sunday Morning Weekly Recap Manufactured Housing Industry News May 28, 2017 to June 4, 2017


L. A. “Tony’ Kovach.

(Image credits are as shown on the original image.)

By L. A. ‘Tony’ Kovach to the Daily Business News on

MHLivingNews and MHProNews are the manufactured, modular home industry’s premier and most popular trade media of their kind.

New Data from NAHB on Cash Sales for Homes

May 5th, 2017 Comments off

Manufactured Housing: a “front and center” solution. Credits: NAHB, MPA Mag, Marlette Homes.

New information from the National Association of Home Builders (NAHB) shows an interesting dynamic taking place with cash sales for homes.

According to MPA Page, NAHB’s analysis of recent census date showed that cash sales accounted for only 4.7 percent of new home sales, down from a peak of 9.5 percent in Q4 of 2014. The marks the lowest level since 2010.

By comparison, conventional mortgages were the dominant financing source for new home sales, coming in at 72.5 percent, the second-highest share since Q4 of 2014.

In an interesting note, the National Association of Realtors (NAR) noted that, despite the small percentage of cash finances in new home sales, a large share of existing homes are sold for cash.

In February 2017, cash sales made up 27 percent of existing home sales – the highest level since November of 2015.


Credit: Buying Bedford Real Estate.

Other data from the NAHB report showed that FHA loans placed second behind conventional loans at 14.8 percent, followed by VA-backed home sales with 8.1 percent.

In the period between the 2001 financial crisis and the recession in 2008, VA loans averaged just 2.9 percent, but increased significantly to 9.3 percent on average after the recession in 2009.


Opportunities for Manufactured Housing Abound


Credit: MHLivingNews.

As the Daily Business News has reported prior, the traditional housing sector remains constrained by a dearth of properties available for sale.

Builders have cited a range of problems including shortages of labor and land as well as rising material prices. A recent survey showed that homebuilder confidence slipped in April from a near 12-year high in March.

The Daily Business NewsMHProNews and MHLivingNews continue to make the case for manufactured housing as a viable solution to hope for the American Dream of home ownership at a reasonable price extensively, including Bloomberg making a statement to the same effect.

The myths, and the facts surrounding manufactured housing abound. To learn more, including why manufactured housing is the solution hiding in plain sight for many to achieve the American Dream, click here. ##


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



RC Williams, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.

HUD Data: Most Housing can Last a 100 years

October 20th, 2016 Comments off

Credit: HUD.

According a report from the U.S. Department of Housing and Urban Development (HUD) Office of Policy Development and Research, of the 132.42 million homes that existed in the U.S. in 2011, 98.8 percent (130.85 million) were still there two years later.

The report, entitled Components of Inventory Change: 2011-2013, and is based on the American Housing Survey (AHS).

The AHS, funded by HUD and conducted in odd-numbered years by the U.S. Census Bureau, is the primary source of detailed information on housing in the U.S. It revisits the same housing units, making it possible to obtain counts of how many were lost between surveys.

According to an article by Paul Emrath on the National Association of Home Builders (NAHB) blog, of the 1,567,000 housing units lost between the 2011 and 2013 iterations of the AHS:

  • 470,000 were due to demolitions and disasters;
  • 212,000 were homes that became damaged or condemned;
  • 202,000 involved putting existing homes to non-residential uses;
  • 161,000 (primarily manufactured housing/mobile homes) were moved out from where they had been in 2011;
  • 98,000 were due to conversions/mergers (e.g., a housing unit is lost when two smaller units are combined into a larger one);
  • 424,000 were units lost in some other way that fit none of these categories or couldn’t be determined.

Credit: HUD.

These statistics imply that 0.59 percent of the housing units in the U.S. are lost in a given year, but there are differences depending on the type of structure,” Emrath wrote.


Paul Emrath. Credit:

Mobile homes [sic], for example, are considerably more likely to be “lost” (as they are obviously more susceptible to being moved out from their original locations.)

As Daily Business News readers are aware, our recent coverage of Hurricane Matthew discussed, in detail, that manufactured housing built to HUD code standard that is properly installed is as or more safe – and thus durable – as traditionally constructed stick-built houses.

The largest category of homes in the U.S. is single-family detached, which accounted for 82.97 million, or about 62 percent, of the 132.42 million housing units that existed in 2011,” Emrath continued.

However, fewer than half (740,000) of the units lost between 2011 and 2013 were single-family detached. In addition to units moved out of their old locations, certain types of losses, like mergers and shifts to non-residential uses, are particularly uncommon among single-family detached structures. The annual loss rate for all single-family detached homes in the 2016 report was 0.45 percent.


Credit: HUD.

Emrath cited that the report show the loss rate for homes varies depending on age.

In general, the rate hovers around half a percent a year for homes built in 1950 or later, but jumps to slightly over 1 percent for homes built earlier than that,” Emrath said.

If these numbers remain consistent, they imply that half of the existing homes built 64 or more years ago will still exist 66 years from now—also, that half of the homes built recently will last for more than 100 years.

You can download the full HUD PD&R report here. ##

(Image credits are as shown above.)


RC Williams, for Daily Business News, MHProNews.

Submitted by RC Williams to the Daily Business News for MHProNews.