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Investment into U.S. Real Estate Market Risen – 3 Year Trend, Says Marcus & Millichap CEO Hessam Nadji

June 28th, 2019 Comments off

 

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A new research report by Marcus & Millichap reflects a three-year trend of rising direct investment into U.S. real estate.  Marcus and Millichap (MMI) is involved in the manufactured housing industry, and in other commercial real estate sectors.  They are among the firms our evening market report tracks that are connected to manufactured housing, with last night’s closing numbers found at this link here.

 

In a release to the Daily Business News on MHProNews, MMI provided this video by left-of-center CNBC along with highlights of some of their findings.

  • CNBC featured Marcus & Millichap’s President and CEO Hessam Nadji. European Investors Attracted by US Economy. U.S. Commercial Real Estate Offers Compelling Yield and Growth Opportunity to Global Investors.

·        Why global capital flows into U.S. CRE have increased

·        Variations among markets across the U.S.

·        REIT, institutional and private investor trends

 

 

 

First quarter GDP for the U.S. was recently confirmed at a 3.1 percent growth rate. While the U.S. trade and other tussles with nation’s around the world has drawn reams of negative digital ink, it is reports like this by Nadji that reflect the reality that hundreds of billions of dollars has flowed into the U.S. for investment purposes since the 2017 tax cut went into effect. Coupled with regulatory roll-backs, the investment environment has improved for businesses of all sizes.

Something has gone right with the U.S. economy.  Perfect?  Absolutely not. Better? To the objective mind, the data Nadji and others cite is clear. Of course, the economy has improved. Sure, more can be done, with the right policies and business climate.

Facts, evidence, reason, and history provide a lens for objectivity. When investors and businesses are craving as much certainty as they can obtain, this MMI report directly and obliquely reflects that a good start has been made.  What happens next is up to “We, the People.” That’s why discerning what happens on November 3, 2020 – election day – matters.  

On May 13, 2019, Nadji did the video below on housing.  He makes a statement that may be a mis-phrasing, that ‘people prefer to rent.’  That there are some 111 million renters, per Apartment List, is beyond question. But prefer to rent?  Doesn’t other research reflect that most renters, given the opportunity want to be homeowners? So says the National Association of Realtors and other evidence confirms that trade group’s findings.  The American dream has never been about renting affordably. It has been about owning, building equity and wealth, and passing it onto the next generation. 

That point aside, Nadji makes several apt observations about forces that impacted the housing market in the last year or so.  Take a look and listen. 

 

 

Housing and related is a multiple trillion-dollar market annually. It has often been said that housing and automotive are among the key drivers of the U.S. economy.  Yet, manufactured housing is underperforming.  That causes objective minds to ask, why?

We’ll pull several thread together in an upcoming report that will once more have that as a bottom line.  The opportunity for manufactured housing professionals has perhaps never been better.  Study after study by third parties reflect the potential.  Research reports by third parties reveal that the quality and value proposition for manufactured housing has been proven for decades.

 

SmokingGunEvidenceOfAntiTrustMonopolisticCollusionMoatClaytonHomesKevinClayton21stMortgageTimWilliamsWarrenBuffettMHLivingNewsMHProNews

In a series of direct quotes in context, a document from 21st Mortgage signed by their president Tim Williams, Warren Buffett’s direct quotes from that same year’s annual letter, and video recorded comments by Kevin Clayton, all line up in what attorneys who reviewed it see as ‘smoking gun’ evidence of antitrust violations. They demonstrate how thousands of independent retailers, communities, and several producers – among others – where purportedly directly harmed by action that could be deemed an antitrust violation. See for yourself: https://www.manufacturedhomelivingnews.com/bridging-gap-affordable-housing-solution-yields-higher-pay-more-wealth-but-corrupt-rigged-billionaires-moat-is-barrier/

What’s been largely overlooked in the industry’s trades until reports here and on our sister site began to unravel the evidence and money trails are the role played by what our management and others in the industry believes are clear evidence of market manipulation that artificially suppressed our industry and outcomes. The goal? Arguably for the purposes of consolidation at a discount while eluding regulatory scrutiny. Clayton, 21st Mortgage Corporation, the Manufactured Housing Institute (MHI), and their outside attorney have repeatedly declined comment on these concerns.  If there is nothing to hide, why are they hiding?  The MHI breakaway NAMHCO and MHARR exist precisely because they had no confidence in MHI, which many believe is dominated by various big boy companies, including those owned by Omaha, Nebraska based Berkshire Hathaway. 

 

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Never forget that even during medieval times, castles and their moats were in fact breached.

That’s today’s second episode of “News Through the Lens of Manufactured Homes, and Factory-Built Housing,” © where “We Provide, You Decide.” ©. ## (News, fact-checks, analysis, and commentary.)

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsConnect on LinkedIn here. (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.

1) Marketing, Web, Video, Consulting, Recruiting and Training Resources

Submitted 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.

Rent Controls and Manufactured Housing Restrictions Targeted in New Presidential Executive Order

MH Community Leader Robert Van Cleef – Public Call – Federal Investigations of Berkshire Hathaway, Clayton Homes, 21st Mortgage, Manufactured Housing Institute

Independent MH Communities, Retailers – NAMHCO’s Susan Brenton Says What Fueled Break from Manufactured Housing Institute (MHI)

President Trump Signs Executive Order on Affordable Housing Crisis, Ray of Light for Manufactured Housing? Plus, Manufactured Home Stock Updates

 

 

 

 

 

 

 

 

Texas Commission Talks West Texas Oil Boom, Plus Manufactured Home Market Updates

July 10th, 2018 Comments off

CNNDowJonesIndustrialAverage7102018ManufacturedHousingIndustryDailyBusinessNewsMHproNewsWest Texas. South Dakota. Louisiana. Oklahoma. These are just some of the places that oil, natural gas, and energy have and are creating or supporting jobs that have sold thousands upon thousands of factory built housing units. Tonight’s spotlight focus is an interview with the Texas Commissioner who keeps his eye on the oil industry there.

 

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

 

The ever evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.  It’s an example of “News through the lens of manufactured homes, and factory-built housing.” ©

It just makes sense. Because like it or not, what moves the markets effects manufactured housing too.

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.

This is an exclusive evening or nightly example of MH “Industry News, Tips and Views, Pros Can Use.” ©  It is fascinating to see just how similar, and different, these two lists of headlines can be.

Want to know more about the left-right media divide from third party research?  ICYMI – for those not familiar with the “Full Measure,” ‘left-center-right’ media chart, please click here.

 

Select bullets from CNN Money…

  • Univision flip flops on digital strategy, explores sale of Gizmodo and The Onion
  • Trump launches new tariffs on China
  • Tax cut triggers $437 billion explosion of stock buybacks
  • Tesla is going big in China
  • Wall Street has Trump whiplash
  • Trump slashes funding that helps people sign up for Obamacare
  • China is owning the future of cars. German automakers want in
  • The oil market’s shock absorbers are nearly gone
  • Facebook will chip in for users’ birthday fundraisers
  • Microsoft unveils Surface Go to take on iPad
  • Whole Foods announces its Prime Day deal
  • The last Sears in Chicago is closing
  • The United States could be spared the worst in a trade war
  • Why Corporate America is recruiting high schoolers
  • Tesla raises prices in China by 20% in response to tariffs
  • India’s tech firms grow in popularity with country’s grads
  • How Thailand became the ‘Detroit of Asia’
  • These are banned in some cities. The company is valued at $2B
  • Russian company had access to Facebook user data through apps
  • Bitcoin is down 66%. But it still may be the future of money
  • Winklevoss twins’ cryptocurrency firm hires NYSE executive
  • Bitcoin prices have been manipulated, study says
  • Russian farmers are ditching the ruble for a new cryptocurrency
  • Bitcoin could ‘bring the internet to a halt,’ banking group warns
  • Smucker is saying goodbye to Pillsbury and its doughboy
  • Pepsi stock pops on strong snack sales
  • Starbucks is removing plastic straws from stores
  • What’s killing Big American Beer?

 

Select Bullets from Fox Business

  • Trump preparing additional tariffs on $200B in Chinese goods
  • The U.S. revealed a list of Chinese goods it will target.
  • Stocks extend winning streak with economy in focus
  • Americans quitting their jobs for better opportunities
  • The ETF market could get a lot bigger – here’s why
  • Some tips for saving on prescription drug costs
  • Oil industry building pipelines to address America’s biggest energy roadblock
  • The big money behind Trump’s Supreme Court pick
  • A deeply conservative political group spent more than $1 million on ad campaigns.
  • Tax law mistake hurting retailers, restaurants
  • This Honda lawn mower will go 150 mph
  • Trump bashes NATO members: Who pays what?
  • Panthers ‘obligated’ to keep Jerry Richardson statue, new owner David Tepper says
  • Yankees’ Cashman, Arizona Cardinals owner back Trump’s Supreme Court pick
  • Used-car prices keep climbing
  • Winners and losers of Trump’s decision to halt ObamaCare payments
  • Global businesses look to this company for help navigating tariffs
  • Walmart set to enter New York City, but not its stores

 

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

 YahooClosingMarketsTickers7102018DailyBusinessNewsMHProNews

Manufactured Housing Composite Value (MHCV)

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One month of data.

Today’s Big Movers

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

Today’s MH Market Spotlight Report –

Today is the 4th day of rising markets, as investors are beginning to shrug of the tough talk on trade wars.  But will the announcement of another $200 billion in tariffs targeting China announced late today impact traders?  Time will tell.   A spotlight on Sun Communities is found, linked below.

Forbes Boast$ about Manufactured Home Community Operation

But tonight’s focus is West Texas oil.

Texas Railroad Commissioner Ryan Sitton on efforts to boost pipeline capacity to keep up with drilling at the Permian Basin.  Sitton is the Texas official charged with keeping tabs on the oil industry, and he admits that the supply is outpacing oil pipeline capacity.  He says that that will be corrected through construction in the next 12 to 24 months.

 

As crude oil prices rise over a range of issues, including tensions with Iran, and Russia, U.S production will be ever more important. Another item to keep an eye on for the industry will be when activity starts taking place in ANWAR – which was opened up by legislation enacted by the Trump Administration. That might, just might, cause a wave of factory built homes moving “north to Alaska” at that time.

RyanSittonTexasRailroadCommissionManufacturedHousingINdustryDailyBusinessNewsMHprONews

 

Bloomberg Closing Ticker for MHProNews…

NOTE: The chart below includes the Canadian stock, ECN, which purchased Triad Financial Services.

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).

BloombergWatchlist7102018ManufacturedHousingIndustryDailyBusinessNewsMHProNews

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 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.”

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNewsWe Provide, You Decide.” © ## (News, analysis and commentary.)

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

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

HUD Hopes to Reduce Shadow Inventory

May 7th, 2013 Comments off

The U. S. Department of Housing and Urban Development (HUD) has announced it will sell approximately 20,000 severely delinquent mortgage loans insured by the Federal Housing Administration (FHA) in an attempt to reduce the shadow inventory and hone in on areas showing high foreclosure activity. Through its Distressed Asset Stabilization Program (DASP) it will increase funds to the FHA’s Mutual Mortgage Insurance (MMI) Fund and hopefully help some of the communities hit hardest by non-performing loans. The first sale date is set for June 26, followed by a second sale July 10 for properties located in southern Calif., Chicago, southern Ohio, and North Carolina. The loans are sold competitively at a market-determined price usually lower than the outstanding principal balance. HUD sold 16,000 seriously delinquent mortgages in March, and expects to sell 40,000 this year, as MHProNews has learned.

(Image credit: news365today)

FHA Insurance to Increase

February 29th, 2012 Comments off

HousingWire tells MHProNews.com the Federal Housing Administration (FHA) will raise the mortgage insurance from one percent to 1.75 percent to make up for the drop in the Mutual Mortgage Insurance (MMI) Fund below the Congressionally mandated two percent, to 0.2 percent. The FHA said the increase will add $1 billion to the MMI Fund, and combined with the nearly $1 billion coming from settlements with mortgage servicers, should allay fears professed by some analysts that FHA will need a government bailout much like Fannie Mae and Freddie Mac. For loans under the $625,000 limit the annual insurance mortgage premium will increase by ten basis points in April; for loans above that amount the premium will increase by 35 basis points beginning in June. FHA Commissioner Carol Galante, addressing the Mortgage Bankers Association (MBA), said, “These modest increases are one of several measures we are taking towards meeting the Congressionally mandated 2% reserve threshold, while allowing FHA to remain a valuable option for low- to moderate-income borrowers.”

(Photo credit: moneycontrol)