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In Connected World, Oil and More Impacts Factory-Builders, What Does Latest Unrest Mean? Plus More Headline Topics

February 23rd, 2019 Comments off

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If you’ve been buying fuel lately, you’ve noticed that prices have been rising in recent weeks.  The tragedy of Venezuela is part of that backstory.  Make no mistake. As one of the top proven oil reserves in the world, that Latin American nation’s political and economic upheaval are impacting the U.S. and beyond.

 

Fuel costs impacts manufactured home builders, as well as retailers on the delivery-end.

But fuel and energy costs also impact the industry on the supply side, as virtually all products reach a production center via truck.

Once upon a time, there were factory-builders that had active rail lines that brought products to a factory, and sometimes, were used to ship them out too. The historic photo below reflects that reality.

 

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History also reminds factory builders that a producer can go from zero – start up status – to having built and shipped some 60,000 homes, in only 2 years.  Rephrased – as much as Warren Buffett would hate it – one could rival Clayton Homes rapidly. That would require the proper mix of motivation, money, manpower and know-how.  See the related report below, by clicking the text/image graphic.

 

Rollohome, Creating 60,000 Factory-Built Homes in 2 Years

 

The CNBC video below focuses on the economic ripples that arise from the growing crisis in Venezuela.

One of our themes on MHProNews is “News through the lens of manufactured homes, and factory-built housing.” © Put differently, that means that ‘other news’ that mainstream media may cover often impacts our industry in ways that the rank and file or others may not consider.

 

Headline News the White House Wants You to Know

The Trump Administration has demonstrated its interest in manufactured housing in a variety of ways.  Dispatching Pam Danner, JD, from her role over the manufactured housing program is one example.

But regulatory and tax issues are just some of the other ways that’s manifest.  Still more examples are found in the related reports, further below.

While MHProNews can’t at this time produce all of the volume of news that comes to us from federal and other sources, we do curate topics that could be more relevant to investors, owners, strategists, advocates, and others that may only obliquely relate to our industry.  The headlines and one paragraph summaries below are an example of that you may find of interest.

While POTUS Trump often blasts ‘fake news,’ in fact Team Trump routinely produce such summaries of reports from mainstream media that underscore the reality that even the president believes that not all mainstream news is ‘fake.’ He’s said on several occasions, all he wants is a fair shake.  These headlines therefor project issues that will help shape the 2020 races, and thus the political and business environment that you are and will be operating in.

As Sam Zell, Equity LifeStyle Properties (ELS) founder observed, they discovered that they had a ‘partner’ that had no investment, but could still influence their business. It pays to know more than just the latest shipment numbers.

 

REAL NEWS PRESIDENT TRUMP DOESN’T WANT YOU TO MISS

 

ResoluteReadsWhiteHouseSealManufacturedHousingIndustryDailyBusinessNewsMHProNews

 

Trump Vows ‘New Day’ for Venezuela

-NBC News

“The people of Venezuela are standing for freedom and democracy, and the United States of America is standing right by their side,” President Donald J. Trump said on Monday at Florida International University in Miami. The President also addressed the American far left. “To those who want to try to impose socialism on the United States, we again deliver a very simple message: America will never be a socialist country.”

 

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Border Apprehensions Jump 84 Percent, 606,000 Expected This Year

-Washington Examiner

“January saw a surprising surge of 22,000 more apprehensions of illegal immigrants at southwest border crossings over January 2018, prompting a key predictor to suggest that border officers will make over 600,000 apprehensions this year,” Paul Bedard reports. “The year-over-year increase was 84 percent, from 25,975 in January 2018 to 47,893 last January, according to U.S. Customs and Border Protection.”

 

 

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An Illegal Immigrant Killed My Daughter. Trump’s Right—We Must Complete the Border Wall.

-USA Today

Retired educator Dan Ferguson writes that his beloved daughter Mandy, a 28-year-old sixth-grade teacher, was killed last year by a criminal who should never have been in the United States. “In his declaration of a national emergency on our southern border, President Trump recognized the Americans who experienced the consequences of that emergency firsthand: angel moms and dads. I never expected I would be one of them.”

 

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Trump Officially Directs Pentagon to Create Space Force Legislation for Congress

-CNBC

“President Donald Trump signed a directive on Tuesday that ordered the Department of Defense create a Space Force as a sixth military branch,” Michael Sheetz and Amanda Macias report. “The directive orders the Pentagon draft legislation for Congress that would create the Space Force as a part of the U.S. Air Force.” This move sets in motion the creation of America’s first new military branch in more than 70 years.

 

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Ivanka Trump Examines UPS Training at Facility in Gwinnett

-The Atlanta Journal-Constitution

Advisor to the President Ivanka Trump toured a UPS driver training facility in Duluth, Georgia, with Gov. Brian Kemp (R-GA) on Wednesday, detailing the Trump Administration’s focus on workforce development. Last year, UPS “signed a pledge in support of President Trump’s workforce development initiative, committing to offer opportunities for career advancement to more than 50,000 employees.”

 

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Opinion: Trump Stays Tough on Socialism

-The Detroit News

“President Trump’s speech Monday afternoon in Miami wasn’t just directed at Nicolas Maduro and the socialists of Venezuela — it was also a stark reminder to left-leaning Americans that socialism’s days are ‘numbered,’” Lt. Col. Tony Shaffer writes. “As Democrats rally around radical proposals such as ‘Medicare-for-all,’ free college tuition, enormous minimum wage increases, and even guaranteed basic income, it was President Trump’s responsibility to remind us that socialism’s sweeping promises are always empty.”

 

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Lower Tax Refunds Show How the Republican Tax Cut is Keeping Money in Your Hands All Year

-USA Today

Sen. Chuck Grassley (R-IA) and Rep. Kevin Brady (R-TX) explain that tax refunds are lower today because taxes are lower—keeping more money in Americans’ hands all year long. First, Democrats were wrong that tax cuts would hurt our economy. Now, they are “peddling the scary elixir that ‘lower tax refunds mean higher taxes.’ Wrong again . . . This claim about refunds, as the Washington Post’s fact checker observed, is ‘nonsensical and misleading.’”

 

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The details above are what they are.  In an era when news is highly partisan, having other perspectives is not only nice, it is necessary. “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.

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.)

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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.

HUD Secretary Ben Carson and Senator Thom Tillis Discuss Affordable Housing and Manufactured Homes, Video

 

Factory-Built Housing Pros, Opportunity Zones Roll-Out Approaches, Insider Look

 

“I knew right from the beginning.” When President Trump, First Lady Melania, VP Pence Toured Manufactured Home Community

 

President Donald J. Trump Visit to Manufactured Home Community, Video, Hurricane Florence Update

 

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

 

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

 

 

High-Rise Manufactured Home Stackable Towers, Compete with Modular/PreFabs, Density at Lower Cost

 

HUD’s Operation Breakthrough, Promoting Factory, Industrialized Building – Mobile Home Era to Modern Manufactured Homes.

 

GSE Asked: Will Manufactured Housing Overtake Conventional Homebuilding?

 

 

“…Results have been Catastrophic.” Official Text-POTUS Trump on Socialism Speech + FLOTUS Melania Video, Plus Manufactured Housing Stock Updates

 

 

 

 

 

 

 

 

 

Escaping the Grave? Affordable, Manufactured Housing News

December 23rd, 2018 Comments off

 

EscpaingTheGraveAffordableManufacturedHousingNewsMHProNews

A rut has been defined as an open-ended grave.

 

Habits can be useful, and good habits are necessary in one’s personal and professional life.

But problematic habits are a rut.  They may be comfortable, at least until the walls of the rut finally weaken and collapse.

If a collapsed wall of a rut is deep enough, if not escaped in time, that open-ended rut can become a grave.

 

The Challenge of Contemporary MH News…

CaseyMackLegacyHousingManufacturedTinyHomesKudosMHProNewsThe challenge of a pro-industry, pro-consumer trade journalist in manufactured housing today can be summed up like this. In an obviously underperforming industry, one must both challenge the status quo, while not alienating the core audience.

Furthermore, in case an insufficient number of the core audience fails to awaken from the sleep-walk of a potentially deadly rut, one must attract a new professional- and investor-audience that ‘gets it.’ Experience has shown that newcomers have at times rapidly lapped sleepwalkers, who by definition, are not performing to their potential.

That’s transparency.

Our site statistics, other third-party insights, and other metrics tell us we are successful in a variety of ways at threading those needles.

For example, the Manufactured Housing Institute (MHI) – which claims to professionally represent all aspects of factory-built housing – says there are some 40,000 people working in the manufactured home industry.  That seems like a low figure, for common sense reasons. The graphic below explains one of many reasons we think that MHI is ‘wrong again’ on claimed ‘facts.’

 

ClaytonHomes2017AnnualReportManufacturedHousingIndustryDailyBusinessNewsMHProNews

 

So, with it understood that some 40,000 (+/-) are working full-time in our industry, and knowing that every day north of 11,000 unique visitors are logging onto MHProNews, and they read an average of about 4½ articles each, that tells you just how powerful our market penetration is.

No data set is perfect.  But the vast majority of those professional readers here – third-party data, messages, calls, and common-sense all suggests – aren’t lawn mowers and line workers – whose work we respect, because those workers are essential to our industry. Rather, our trade media site of professional readers are the managers, owners, executives, investors, policy-makers, advocates, and other pro-doers.

IfMHProNewsIswritingAboutItIWantToKnowAboutItAgain, the biggest names – plus the mom and pops – and all in between are among most faithful readers of our proprietary e-list.

  • When facts are twisted by the powerful,
  • when pros get spin instead of the truth, or
  • professionals are squelched and told how to think or behave,
  • human nature often rejects those trying to push them around.

That push-back may not be an open rejection.  But people find ways to respond – such as by reaching out to MHProNews with the news tips that some of those ‘big boys’ hate to read.

We have a variety of ways – often, from insights directly from within companies and organizations – of knowing in a broad fashion who are logging on.  We aren’t Google or Facebook, so we don’t ‘see you’ on this site, but our email database and other insights suggest the following:

  • YouMHProNewsSeemToHaveConceptualIQThatIsMoreImportantThanSpellingAbilityAbout 97% of MHProNews readers are U.S. based.
  • About half of the remaining 3 percent are from Canada, the rest are often from ‘investor’ nations that have people with deep pockets, researching opportunities in factory-built housing.
  • While we have corporate plus independents of all sizes and types – retailers, communities, producers, etc., etc. – the very biggest names in our industry are among our most dedicated readers, per third-party reports.
  • Our open rate on our emails, and our click through rates dwarf others in media and publishing. All of this is from third-party information.
  • Our readership – which was already #1 in our industry – skyrocketed since we went to a more fact-check oriented format, about 16 months ago.  To be more specific, readership more than doubled in that timeframe.

It’s not because we are wacky ‘conspiracy theorists’ or mere ‘bomb throwers,’ as the blindly MHI favoring types want to project.  MHProNews carefully lay out the facts, show the money-trails, document public sources, and lay out the reasoning. It’s what the president of a well-known organization called our “street cred” that keeps him and thousands of others coming back.

HowardWalkerJDELSViceChairmanPhotoManufacturedHouisngInstituteMHIExecuitiveCommitteeBoardMemberDailyBUisnessNewsMHProNews

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

 

What’s Coming in 2019

Looking ahead, MHProNews plans to roll out in the first quarter of 2019 the latest version of our already industry-leading MHProNews site.

As 2018 winds down, it is possible that manufactured housing will close again with perhaps a modest gain over 2017. That’s an embarrassment to anyone who truly understands our industry. Yet the true story of Rollohome reminds us that one could create in 2 years a company that could dwarf the industry’s current number 2 producer. In five years, Clayton, 21st, and VMF could be in the rear-view mirror.

In fact, among the tips – from multiple sources – is that increasing unrest is found at Clayton Homes among their team members.  It is obvious that MHI has fairly routine turnover and has suffered along with that problem for years.

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

Leadership isn’t about self-congratulatory posturing, like what we satirically call the Monopolistic Housing Institute – and their string pullers – have been doing. Leadership is about taking the bull of reality by the horns and working treacherous bullhorns around toward victory.

MonopolisticHousingInstitutelogoManufacturedHousingInstituteMHiLogoFairUseMHProNews306

JiuJitsu is what our industry has needed for some time.  Our sources, supporters, clients, and sponsors understand that reality.

We provide daily reality checks found nowhere else in the avoidably modest-today industry we affectionately call MHVille. But we won’t rest until MHVille honorably emerges to becomes MHLand, and then MHNation.

That’s the Manufactured Housing Revolution.

 

 

A few will of course check out, unable to deal with reality.  But far, far more MH pros and investors are checking in than the trickle that check out or knock us. A common comment from investors, researching our industry is this.  With the manufactured housing product such a good value, and given the affordable housing crisis, how can it be performing so poorly?’

TheyTheBigBoysThinkTheyOwnUsIndependnetsWhile a tiny few can’t handle the truth, over 11,000 daily per third-party metrics find what we publish relevant. In a modest sized industry, those totals are why we dwarf all the other trade publications in our industry, combined.

Perhaps the best compliment of all is that those who wish we and our fact-checks would vanish are among our most avid readers. Thanks.

In fairness to other who publish or blog in MHVille, there’s one other publisher in factory-built housing who could be said that he’s also trying to thread-the-needle that we do. But they don’t do fact checks, and all of the others are arguably different degrees of sellouts. Just look at who backs what, and that speaks volumes.

There’s one trade association – the Manufactured Housing Association for Regulatory Reform  or MHARR – that has been facts-, evidence- and reality-based for years. They are an independent producers organization, but have correctly called for a new-post-production trade body, because MHI has for too-long failed the majority of the industry.

MHARR Releases Study Recommending Independent Collective Representation for Post-Production Sector

There’s the larger trade body that so lacks transparency that they prefer half-truths and arguably deceptive spin to the public debate they refuse to have with us and others who are seeking to expose their purported con game.  We are publicly calling BS on many of their claims. They can’t even correct obviously flawed data, why not? Don’t they care about their own image and reputation?  The bottom line of their failures is evidenced by the shipments. The rest of MHI’s efforts are arguably smoke and mirrors.

 

ManufacturedHousingSHipmentsBloombergQuintFactoryBuiltRebuidRecoveryDailyBusinessNEwsMHproNEws

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TonyYouGuysAreTooSmartToBeInThisIndustryAn attorney claiming to be working for MHI, and interestingly across-the-river from Nathan and Mary Smith, has sent via FedEx a letter to our publisher.  Whining and crying, threats, etc. – instead of openly debating the issues.  If they could debunk our concerns, why do they dodge doing so? As we said some days ago, you aren’t drawing flak unless you are over the target.

Read the headlines, and you’ll know what kind of articles the claimed MHI attorney is whining about.

A non-MHARR member wrote earlier today to say, “…keep giving them hell.” That source is one of several that says there are growing reports of rumblings from within the ranks of Clayton and their Monopolistic Housing Institute puppets.

Our news tip sources make that point clear.

BarryColeMHInsuranceRVMHHallofFameCongratsManufacturedHomeIndustryMHProNews

We have a new set of Clayton Homes, MHI, and insider insights below, with more coming in the days ahead. But we mix it all in with the other MH “Industry News, Tips, and Views that Pros Can Use” that caused you to make us #1.

Our sincere thanks to all who make that the truth.

ItsATerribleIdeaHavingCommunitiesOtherDivisionInWithClaytonBerkshireLendersTo escape a rut, one must first realize the rut that you or others are in.  While we all will die at some point, let’s not die without giving this life our very best shot.

In an affordable housing crisis, when the National Association of Realtors says 8.3 million housing units are needed, MHVille is underperforming.  When MHVille has enhanced preemption that modular producers don’t, HUD Code manufactured housing is the obvious solution for many projects and needs. So the low production levels oddly have benefited just a handful that keep consolidating the industry at discounted prices, to the detriment of the many.

With no further adieu, dive into the headlines from the week of 12.16.2018 to 12.23.2018 that keeps readers coming back for more.  Merry Christmas to all.

Notice for New Visitors: You can access one or more of the articles below by either clicking on the hotlink, or by clicking on an image/linked box.  Either way, you can access the ‘red hot’ reports, news and commentary that follows.

IfPrettyPicturesVideosAloneWereEnoughMHIndustryWillOnlyAchieveItsGoalsByResovingItsCoreIssuesLATonyKovachMHProNews1

 

What’s New on the Masthead

TheMastheadCommentaryLATonyKovachMHProNews

Affordable Housing – Fleetwood, Champion, Clayton – Genius of the Christmas Story

 

Affordable Housing – Fleetwood, Champion, Clayton – Genius of the Christmas Story

 

What’s New on MHLivingNews

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Affordable Homes, Warren Buffett as Mr. Potter in Christmas Classic, “It’s a Wonderful Life”

 

Affordable Homes, Warren Buffett as Mr. Potter in Christmas Classic, “It’s a Wonderful Life”

 

What’s New on the Daily Business News on MHProNews

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Saturday 12.22.2018

  Capital Pouring In, What Warren Buffett May Not Want MHVille Professionals to Know

Capital Pouring In, What Warren Buffett May Not Want MHVille Professionals to Know

 

Friday 12.21.2018

  Darkest, Shortest Day 2018, Markets Dump, Apt Rentals Bump, Housing Slump$

Darkest, Shortest Day 2018, Markets Dump, Apt Rentals Bump, Housing Slump$

  “Trailer Park Boys” – Al Kemp, Canadian Manufactured Home Community Association Letter Reacts to Netflix Series

“Trailer Park Boys” – Al Kemp, Canadian Manufactured Home Community Association Letter Reacts to Netflix Series

  Zillow Research Reveals Impact of Rising Rents on Homelessness, Affordable Housing Advocates, Public Officials, and Investors Take Note

Zillow Research Reveals Impact of Rising Rents on Homelessness, Affordable Housing Advocates, Public Officials, and Investors Take Note

  Optimism Among U.S. Manufacturers at Record High Heading into 2019

 

Thursday 12.20.2018

  MH Equities Snapshot, Plus, ‘Rich Won, Workers Lost’ from Fed, per Cramer, As Market Slide Continues

MH Equities Snapshot, Plus, ‘Rich Won, Workers Lost’ from Fed, per Cramer, As Market Slide Continues

  Virgin of Guadalupe Appears, Community Management Resident Legal Uproar, Surprising Attorney’s Opinion

Virgin of Guadalupe Appears, Community Management Resident Legal Uproar, Surprising Attorney’s Opinion

  Minimum Wages Set to Rise in 2019 in these 20 States, “Fight for $15” Battle Continues, National Economic Council Director Larry Kudlow Opposed

  State Association Steps Up, Promoting Manufactured Home Communities Investing

State Association Steps Up, Promoting Manufactured Home Communities Investing

 

Wednesday 12.19.2018

  Fed Rate Hike, Chair Jerome Powell Comments Send Broader Markets, Most MH Equities Reeling

  Sam Zell’s ELS Scores Again, Details Others Missed

Sam Zell’s ELS Scores Again, Details Others Missed

  Insider Tips – Clayton Multi-Million Dollar Plan Aims at Replacing Sales Staff? Warren Buffett, Bill Gates, Kevin Clayton Meeting

Insider Tips – Clayton Multi-Million Dollar Plan Aims at Replacing Sales Staff? Warren Buffett, Bill Gates, Kevin Clayton Meeting

  New HUD Report Reveals Tragedy of Homelessness, When Solution for Affordable Housing is Hiding in Plain Sight

New HUD Report Reveals Tragedy of Homelessness, When Solution for Affordable Housing is Hiding in Plain Sight

 

Tuesday 12.18.2018

  Spotlighting Pro-Growth Educational Effort by Louisiana Manufactured Housing Association

Spotlighting Pro-Growth Educational Effort by Louisiana Manufactured Housing Association

  Sun Communities, SUI Insider Trades, Institutional Moves, Plus Manufactured Home Equities Updates

Sun Communities, SUI Insider Trades, Institutional Moves, Plus Manufactured Home Equities Updates

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

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

  Millionaires Survey IDs Top Threats to Their Wealth

 

Monday 12.17.2018

  New Skyline Champion Manufactured and Modular Home Factory Set to Open, Plus MH Market Updates

New Skyline Champion Manufactured and Modular Home Factory Set to Open, Plus MH Market Updates

  Cavco Industries (CVCO) Hit$ Bottom

Cavco Industries (CVCO) Hit$ Bottom

  MHI Allies Respond, Provide Confirmation to #NettlesomeThings, Facts, and Clayton/Berkshire Exposés

MHI Allies Respond, Provide Confirmation to #NettlesomeThings, Facts, and Clayton/Berkshire Exposés

  Scandalous, Presidential Politics, Affordable Housing, Mobile and Manufactured Homes

Scandalous, Presidential Politics, Affordable Housing, Mobile and Manufactured Homes

 

Sunday 12.16.2018

  Children, Grandchildren, Family, Manufactured Housing, Money, and You

Children, Grandchildren, Family, Manufactured Housing, Money, and You

 

Together with thousands of honest MHVille pros of good will, we can make our industry achieve its great potential. That’s done by making American lives better, together. “We Provide, You Decide.” © ## (Sunday Morning, weekly headline news review, 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 join the scores who follow us on Twitter at this link. You can get our ‘read-hot’ industry-leading emailed headline news updates, at this link 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: click the text/image box below to read that report.

Clayton’s Miss, Kevin and Tim’s Manufactured Housing Kill Shot, More

 

What Just Happened, to Cavco, Independent Communities, Retailers, and Manufactured Housing?

 

 

The Coming Breakup of Berkshire? MHI? Plus Sunday Headline Recap 10-14-2018 to 10-21-2018

Housing’s Lost Decade

September 27th, 2012 Comments off

Financial columnist Craig Steiner sounded off on Townhall that conventional housing has far from recovered. He says recent headlines are an effort at media spin, just before the election, to make it sound like housing is on the rebound. Its not. The chart shows the reality of home prices. Steiner says of CNN‘s and other reports, “It’s saying that we’re back where we were almost a decade ago.” Steiner said, “We’re pretty much just bumping along the bottom, and we’ve been doing that for the last three years under the bad policies of the Obama Administration and the Federal Reserve. We’ve lost a decade in the housing market. And the housing “recovery” hasn’t made any progress since the recession technically ended. And with a huge over-supply of houses that still need to be foreclosed and dumped on the market, it’s unlikely prices will rise significantly any time soon.” Rephrased, prices have “recovered” to 2003 levels, so we have lost a decade.

(Graphic credit: Townhall Finance)

Flames Destroy Site-Built Home

March 5th, 2012 Comments off

Manufactured Home Photo by Eric MillerThat’s not a headline you’re likely to read in the local papers, yet it’s quite a frequent occurrence when it comes to manufactured housing. Two headlines came across our computer screens today, one from The Columbian in Vancouver Flames damage manufactured home in central Vancouver. The article reads “Vancouver firefighters were dispatched to a fire at the double-wide home at 4300 N.E. 59th Ave.” and later “The damage to the manufactured home was estimated at $50,000, and most of it was confined to the roof.” The second article is from the The News & Observer in Raleigh, North Carolina that comes with the headline Fire destroys manufactured home. In this case, arson is suspected in the cause of damage to the home identified here as a mobile home. The mention of the type of home in the headline may make it seem the homes are more suceptible to fire damage. In fact, however according to a report on manufactured home fire safety published in July 2011 by the National Fire Protection Association (NFPA), manufactured homes have a lower incidence of fire per 1,000 homes than other occupied one or two-family dwellings. Similarly, manufactured homes have “a lower rate of civilian fire injuries per 100,000 occupied housing units than other one or two-family homes” and post-HUD standard manufactured homes are more likely than other homes to have fires confined to the room of origin. Read More

(Image Credit: Eric Miller)