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Invitation and 2014 Louisville Manufactured Housing Show Updates

December 10th, 2013 Comments off

H:\1 SK MHMSM\1 DBN\kmhi-ky-manufactured-housing-institute-reception-mixer-2014-louisville-show-posted-daily-business-news-mhpronews-com-.pngPre-registrations for the 2014 Louisville Manufactured Housing Show are up over 50% over the same time frame as last year. So state the facts supplied by Show Ways Unlimited, who manage the show for the Midwest Manufactured Housing Federation (MMHF).

Show Chairman Ron Thomas, Sr. reports that in 2013, “Louisville in 2013 we had 1370 builder/developers, retailers, community and owners/operators, representing 573 different companies who attended.”

If that 50% increase in registrations for the industry’s largest event trend holds, that would mean that over 2,000 attendees would arrive in Louisville in 2014. Combined with exhibitors, it could yield a total attendance of over 3,000, compared to some 830 that go to the Manufactured Housing Institute’s (MHI’s) fine annual Congress and Expo in Las Vegas, Nevada.

“It is an interesting comparison, but frankly it’s not exactly apples to apples.” said L. A. “Tony” Kovach, industry veteran and point man for the online promotion for the Louisville Show.

“Louisville will have 48 new model homes on display.” Kovach explained. “These decorated models will include manufactured homes and modular homes. MHC owner/operators will find Community Series Homes (CSH) on display. Retailers and builder/developers will see residential style and entry level multi-sectional and single section homes. MHI’s annual Vegas event is terrific, I love to go there too. Both Louisville and MHI’s Congress and Expo (C&E) have educational seminars and booths. MHI’s C&E by contrast has more educational events. But having homes on display ads a very different dynamic to what happens in the climate controlled Kentucky Expo Center, where the all-indoor 2014 Louisville Show is held.”

Speaking of MHI, Kovach added that the MHI staff – including their NCC division – will be very visible at Louisville in 2014. “Dick Jennison’s and his colleagues will be co-hosting a mixer with the Kentucky Manufactured Housing Institute (KMHI). Betty Whittaker does a great job with that and combined with MHI’s presence, it ought to be terrific.”

The Manufactured Housing Association for Regulatory Reform (MHARR) members often have a private meeting during the Show.

“Norris Homes made the decision to display at the 2012 Louisville Home show after being absent for several years.” said Gary Boerner. “I can honestly say we will not be absent again. The dealer traffic was great and we were able to see and talk to prospects we might have never been exposed to.  It turned out to be a great decision on our part. We are looking forward to another successful show in 2014.”

Skyline Homes’ Terry Decio indicated they will display 4 homes in the KEC’s East Wing, next to the “Show Me the Money!” Seminar room. Enthusiasm is high, with sold out show space and the large boost in early registrations.

“The Louisville Manufactured Housing Show is an excellent showcase…With many networking opportunities and a well laid out exhibitor area, we look forward to the 2014 event as an opportunity to grow our manufactured housing business.” said Sherrie Clevenger, NADAguides. ##

For more information,

please see Show Chairman, Ron Thomas Sr.’s report:

http://www.MHProNews.com/home/featured-articles/december-2013/138-general-manufactured-housing-industry-topics/6692-why-will-the-louisville-2014-show-you-the-money

And/Or go to:

http://www.LouisvilleShow.com for a complete list of free business building and finance seminars, networking events, exhibitors/manufacturers and KMHI-MHI mixer.

Interviews we’ve done that mention the Louisville Show include:

A Cup of Coffee with…Terry Decio

A Cup of Coffee with…Wally Comer

A Cup of Coffee with…Barry Noffsinger

A Cup of Coffee with…Dick Ernst

Improving Housing Market Hits Highest Level

September 9th, 2013 Comments off

The National Association of Home Builders (NAHB) reports 44 markets have been added to the First American Improving Markets Index (IMI) for Sept., bringing the number to 291, the highest number since the index began two years ago. Based on improvement in housing permits, employment and home prices for at least six months, only five markets were dropped from the list in Sept. “The dramatic increase in markets qualifying for the IMI in September was partly due to a recent improvement in the way that Freddie Mac measures home prices, which resulted in stronger gains than previously reported,” noted NAHB Chief Economist David Crowe. “Even so, the broadened list of metros on the IMI continues to demonstrate the slow but steady gains that individual housing markets are making to bolster the national outlook.” As MHProNews has learned, every state has at least one county that is part of an improving market.

(Image credit: globest.com)

Improving Markets Index Slips Slightly

August 6th, 2013 Comments off

The National Association of Home Builders (NAHB)/First American Improving Markets Index (IMI) for August lost eight markets from the listing in July, dropping to 247 metropolitan areas that show improvement, but three times the number included one year-ago August. The index measures job growth, home price appreciation and single-family housing permit growth, areas that must show improvement for six consecutive months before a metro area can be included on the list. NAHB Chairman Rick Judson says, “In all, 244 metros that were listed as improving in July retained that status in August, and this is an encouraging sign of the continuing housing recovery.” As MHProNews has learned, nearly 70 percent of all U. S. metro areas are represented on the list which includes 49 of the states and the District of Columbia.

(Photo credit: mattheafey)

Housing Market Slips Month-over-Month, but Flourishes Year-over-Year

July 8th, 2013 Comments off

A total of 255 metropolitan housing markets across 49 states and the District of Columbia have remained on the National Association of Home Builders/First American Improving Markets Index (IMI) for July, down from the 263 areas that ranked in June, but over three times the number listed in July 2012. Based on continued improvements in housing permits, employment and house prices for six consecutive months, NAHB Chairman Rick Judson says, “This is the sixth straight month in which at least 70 percent of all U.S. metros have qualified for the Improving Markets Index. The relative stability of the IMI is representative of the broad recovery underway, which is much more extensive than what we were looking at one year ago.” NAHB’s Chief Economist David Crowe expects expansion of the housing market to continue through the year despite shortages of labor, lots, credit and some building materials, as MHProNews has learned.

(Image credit: HousingWire)

New Home Growth Slips

May 7th, 2013 Comments off

The National Association of Home Builders (NAHB)/First American Improving Markets Index (IMI) reports the number of U. S. housing markets experiencing sustained growth fell from 273 in April to 258 in May, representing all 50 states and the District of Columbia. The IMI measurement is based on areas that show gains in housing permits, employment and house prices for at least six consecutive months. MHProNews understands that while the housing picture is better than last year at this time, NAHB Chairman Rick Judson says, “Our industry’s progress on the road to recovery is being slowed by rising challenges related to the availability of credit, building materials, labor and lots for development.”

(Photo credit: Wikipedia)

Improving Markets Index Holding Steady

April 5th, 2013 Comments off

The National Association of Home Builders/First American Improving Markets Index (IMI) informs MHProNews the list of improving housing markets remains virtually unchanged from last month. Five new markets showed improvements in employment, housing permits and home prices for at least six months, while six fell from the ratings. NAHB Chief Economist David Crowe says following seven months of growth, “the number of markets is holding steady at a high level.” Kurt Pfotenhauer, vice chairman of First American Title Insurance Company, notes, “With 75 percent of the country seeing measurable improvement in housing market conditions, the outlook is definitely brightening for local economies this spring.”

(Graphic credit: Photobucket–flatline)

15 More Housing Markets on the Upswing

March 21st, 2013 Comments off

The National Association of Home Builders (NAHB)/First American Improving Markets Index (IMI) for March marks the second consecutive month in which every state is represented on the improving markets list by at least one metropolitan market. The IMI gauges increases in employment, housing permits, and housing prices for six consecutive months for each metro area before it can be included. The 274 areas currently on the list include the addition of net 15 metro areas since Feb., as MHProNews has learned. NAHB Chief Economist David Crowe says, “With just over 75 percent of the 361 metros covered by the IMI now seen as improving, the housing market is on considerably more solid footing than it was at this time last year. While we expect this positive momentum to continue, it’s important to understand that many markets are just beginning the recovery process, and that numerous issues – from credit availability to the rising cost of building materials and emerging lot shortages – are slowing the pace of that advancement.”

(Photo credit: Eric Hylden/prairiebizmagazine)

NAHB: Housing Market Continues Upward

February 6th, 2013 Comments off

The National Association of Home Builders (NAHB)/First American Improving Markets Index (IMI) reports the number of improving housing markets grew in Feb. to 259, up from 242 markets in Jan., and now includes all 50 states and the District of Columbia. The IMI measures changes in housing permits, employment, and house prices for six consecutive months. “The fact that all 50 states now have at least one metro on the improving list shows that the housing recovery has substantial momentum and continues to expand from one market to the next,” said 2013 NAHB Chairman Rick Judson, as MHProNews has learned. “Just over 70 percent of the 361 metros covered by the IMI are listed as improving this month,” said NAHB Chief Economist David Crowe. “That’s a far cry from when we initiated this index with just 12 improving metros in September of 2011 for the purpose of highlighting places that didn’t fit the mold of the national headlines.”

(Photo credit: knoxnews)

NAHB Housing Index is Moving on Up

January 8th, 2013 Comments off

The National Association of Home Builders (NAHB) says its First American Improving Markets Index (IMI) rose from 201 in Dec. to 242 this month, an increase of over 20 percent. Now including 48 states and the District of Columbia, before being added to the list the metro area must show improvements for six consecutive months in employment, house prices, and housing starts. As MHProNews has learned, 47 new metropolitan areas were added to the list this month and six were dropped. Says NAHB Chief Economist David Crowe, “The IMI has almost doubled in the past two months as stronger demand during prime home buying season boosted prices across a broader number of metropolitan areas. Similar home price gains, and hence the IMI, may be tempered in the future as we see data from typically slower months for home sales.”

(Photo credit: HousingWire)

More Good Housing News

September 10th, 2012 Comments off

The National Association of Home Builders (NAHB)/First American Improving Markets Index (IMI) says the number of improving housing markets increased from 81 in August to 99 in Sept., further indication that the housing market is recovering. Based on employment growth,
house price appreciation, and single-family housing permit growth for six consecutive months, the survey shows 68 metropolitan areas retained their ranking, 31 new metros were added, and only 12 dropped from the list. While noting tight lending conditions continue to slow more rapid growth, NAHB Chief Economist David Crowe says, “More metros across the country are experiencing a sustained uptick in house prices, employment and new building activity as rising consumer confidence in local market conditions pushes more people to consider a new-home purchase.” As MHProNews has learned, the list includes cities in 33 states and the District of Columbia.

(Photo credit: San Antonio Express-News/Jose Mojica)