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State of the Industry 2019 – Reality vs. Potential for Manufactured, Modular, and PreFab Homes? New Infographic

February 9th, 2019 No comments

 

StateoftheIndustry2019RealtyVsPotentialForManufacturedModularandpRefabHomesNewInfographicDailybusinessNewsmHProNews

When the Daily Business News on MHProNews produced the earlier abbreviated version of the infographic further below, the final new home production data were only an estimate. Now those totals for 2018 are in.

 

So, now based upon the adjusted ‘final’ 2018 information – for accuracy’s sake – we’ve revised the data.  Thus we are now able to elaborate on the best infographic of its kind today in MHVille.  As you will see, there are several new elements.

 

State of the Industry – Reality vs. Potential for new Manufactured Home Shipments?

Let’s be clear. The quotes connected to Plant PreFab – which reportedly received millions from the Amazon brand, Alexa Fund – are their reported views. A case could be made that their estimate for the market potential is too low.

Note too that the modular building associations have advised MHProNews that for a variety of reasons, they don’t have accurate data. What data is known, per those trade groups and the Manufactured Housing Institute (MHI), is significantly lower than the production of HUD Code manufactured homes.  So when you look at the totals for HUD Code production, imagine something well under half that for modular single-family building, per their estimates.

With that backdrop, let’s consider again the statement by Richard ‘Dick’ Jennison, President and CEO of MHI. He asserted on stage, in a video-recorded statement he made in front of dozens of industry professionals that manufactured housing could achieve 500,000 new homes shipped. Note that editorially, MHProNews agrees that it is possible, and that even ½ million new manufactured homes a year is likely too low.

The Manufactured Housing Association for Regulatory Reform (MHARR) believes that 5oo,000 or more is achievable too. However, MHARR’s President and CEO, Mark Weiss has repeatedly called into question the effectiveness of MHI in the post-production realm. The quality and value of manufactured homes has been widely praised in several researchers and media reports in 2018 alone.

So why are sales levels so low?

Weiss said it is the “Illusion of Motion.”

For years, MHARR has argued that the evidence reflects that MHI appears to be busy.  Meetings, updates, calls to action, and more – but what does MHI actually accomplish? Rephrased, by intent or failure – MHI is arguably not doing the job in the post production side. A pair of state community associations essentially came to a similar conclusion in 2017. They announced the formation of a new community focused post-production trade group in 2018. The National Association of Manufactured Housing Community Owners (NAMHCO) was thus born.

 

LanceIndermanMobileHomeMilitiaClaytonHomesCommentDailyBusienssNewsMHProNews6

 

Contrarian Resistance

MHProNews and MHLivingNews were both founded in part based upon the premise that manufactured housing is underperforming. Our publisher is also a business development expert and consultant in manufactured housing. Having worked on several high-volume marketing and sales projects, L.A. ‘Tony’ Kovach was confident that with the correct blend of advocacy, education, and promotion sales could rise sharply.

After several years as an MHI member, and having questioned the effectiveness of their leadership at PEP – Protecting, Educating, and Promotion of HUD Code manufactured homes – MHI ejected Kovach and his operations from their membership, under their purported claim that they had ‘no membership category for news.’  That’s another story for another time about the Arlington, VA based trade group that ironically – and hypocritically? – repeatedly has claimed to represent ‘All aspects of factory-built housing.’

 

How Big is the Industry’s Potential?

In the United States, 33% of housing units are occupied by rent-paying tenants,” said iPropertyManagement on September 6, 2018.  Their number is likely low, as the Census Bureau and Pew Research both point to near record levels of renters in 2016, some 36.6 percent of the population.

When more than 1 in 3 rent, and millions want to upsize or downsize, how do you describe a possible target market that large? The U.S. population stood at 328,285,992 as of January 12, 2019, said Wikipedia.

Statista says “The average American household consisted of 2.53 people in 2018.” That translates into 129,757,309.091 households.  The National Association of Realtors has previously reported that some 85 percent of renters want to be home owners someday. If so, that means that among renters alone, there are 110,293,712 possible home buying singles, couples, families, and households.

Given the staggering potential opportunities, why are the total numbers for manufactured homes and other forms of factory-building so low? If Amazon’s Alexa Fund partners believes the total potential is some $330 billion a year, and manufactured homes are still shy of $8 billion a year, what accounts for that huge gap?

MHARR, Kovach, NAMHCO, and others question the failed leadership of MHI and their puppet masters. How about you?

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MHProNews looks at the facts, considers the sources, and follows the evidence. 

 

Is MHI working to keep production low, so that a few firms consolidate more of the industry at a discount?

 

Facts are stubborn things.” – President Ronald Reagan.

There are those who have pointed the finger (no, not that finger…) at the Berkshire Hathaway brands, and have accused them of market manipulation.

 

“Mobile Home Militia,” Retail/Production Sources, Sound Alarm Against Clayton Homes, CMH, New “Anti-Competitive Practices” Allegation

 

Just recently, several reports of that have come into MHProNews as tips, the ones above and below are just two of them.

 

CFPB and 21st, Second Shoe Drops? Flooring w/21st Mortgage Corp? Insider Tips

 

To this, MHI and their amen corner reply with razzle dazzle head-fakes, photo opportunities, and use a self-contradictory surrogate to accuse our publisher of conspiracy theories.  But a rival of Clayton’s posted the following in public on Facebook, at about the same timeframe as our reports above were published.

 

LanceIndermanMobileHomeMilitiaClaytonHomesCommentDailyBusienssNewsMHProNews6

 

Inderman went onto post the above  about the “Mobile Home Militia” (MHM) concerns about what Clayton allegedly did to their largest independent retailer.

 

LanceIndermanItisEasierToFoolPeopleThanConvincethemThatTheyHavebeenFooledMarkTwain6

To learn about documented evidence of purported market manipulation, and see a video of Kevin Clayton talking about their “Moat” strategy for market domination, click here.

 

Inderman’s comments – and those of “MHM” – received dozens of likes.  Articles like those we’ve linked from this column will receive several thousand readers each during the course of a their first month online, and hundreds to a thousand or more additional readers in each subsequent month for some time.

 

Underperformance vs Potential

The industry is underperforming. It is also arguably manipulated.  No one article can cover all the details, thus others are linked that provide additional insights.

That there are a growing number of those who voice concerns that the manufactured home market has been manipulated – and at best, poorly represented by MHI – is not just the view of just this publication.  As the examples posted reflect, there are a wide range of industry voices that flock here who see it similarly.  Why do they read here?  Why is this the #1 trade media site in MHVille?  Because who else but MHProNews and MHARR dares to publisher these concerns among the industry’s trade journalists?

 

NothingIsChangedUntilItisChallenged-768x318

MHProNews’ parent operation demonstrated to MHI over the course of years options for lending, and ways to improve image at a low cost. For years, even though our parent operation as an MHI member showed the way to grow business, MHI leaders ignored those options. Why? Could it be that slow growth allowed more consolidation and at a cheaper price? ,

 

There are several movements afoot in manufactured housing.  They are aimed in various ways at breaking free of what we have dubbed the Omaha-Knoxville-Arlington axis and their allies.

MHVillage’s MHInsider on Clayton Homes, Manufactured Housing Industry Fact Check – Why Correct Data Matters

 

Want to identify those allies of the MH axis?  If they are kissing the donkey’s behind in their writing or speech, that gives you a pretty good clue. If you want to achieve your potential, will you float with the dead and dying fish, or fight the currents?

The opportunities are amazing, but they arguably won’t be achieved by taking the advice of those who have arguably rigged the system.

 

LATonyKovachHenryFordQuotes

AllTruthPassesThrough3stagesFirstRidiculed2ndViolentlyOpposed3rdAcceptedAsSelfEvidentManufacturedHousingIndustryDailyBuinessNewsMHProNews

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Related Reports:

You can click on the image/text boxes to learn more about that topic.

MHI CEO Dick Jennison’s Pledge – 500,000 New Manufactured Home Shipments

Manufactured Housing Institute’s Three Stooges? SECO ‘Leaders’ George F. Allen, Spencer Roane, Tom Lackey and ‘Rent to Own’ Scams?

 

“Check Your Facts,” “Follow the Money” – Journalist Sharyl Attkisson, Fake News, MHVille Takeaways

Reputation Defense – Clayton Customer’s Video Slams “Fake Studs” vs. Clayton Homes’ Image Video -Comparisons

Warren Buffett’s Moat, Understanding Manufactured Housing Requires Grasping Strategic Economic Moats

HUD Code Manufactured Home Production Decline Persists – Time For Action Not Excuses

“The Illusion of Motion Versus Real-World Challenges”

 

 

 

 

 

 

 

 

Manufactured Home Production Rises Again in August, 2018 HUD Code Data

October 3rd, 2018 Comments off

ManufacturedHomeProductionRisesAgainAugust2018HUDCodeData600

The manufactured home reason has cause to feel good about a steady growth in production, while simultaneously feeling a level of anguish that sales are not far higher.

 

The latest data from the Manufactured Housing Association for Regulatory Reform (MHARR), and their statement, tends toward the former.  It is an understandable position.

At the same time, when one looks at the dramatic difference between the cost of a single family stick built’ house, and HUD Code manufactured homes, isn’t it obvious that the sales of manufactured should be far higher?

 

Fresh Facts, Figures, Future of Affordable Housing -Comparisons- Conventional Site-Built v Mobile/Manufactured Home Industry Data

 

Indeed, Mark Weiss, J.D. – President and CEO of the Manufactured Housing Association for Regulatory Reform (MHARR) – directly pointed to one of those issues that keeps manufactured homes at what is arguably artificially low levels. ICYMI, or want a refresher, see Weiss’ comments in the new article linked below.

 

Rumble over Anti-MH Law-State Association, Manufactured Housing Institute (MHI), Clayton Homes, and MHARR

 

Those points noted, let’s dive into MHARR’s just released statement to the Daily Business News on MHProNews.  It can be read on their site, at the link below, or continue reading here on MHProNews.

Strong HUD Code Production Growth in August 2018

FOR IMMEDIATE RELEASE                                                                   Contact: MHARR

                                                                                                                                   (202) 783-4087

Strong HUD Code Manufactured Home
Production Growth in August 2018

Washington, D.C., October 3, 2018 – The Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), strong year-over-year manufactured housing industry production growth continued in August 2018. Just-released statistics indicate that HUD Code manufacturers produced 9,157 homes in August 2018, an 8.6% increase over the 8,434 HUD Code homes produced during August 2017. Cumulative industry production for 2018 now totals 66,688 homes, a 9.6% increase over the 60,839 HUD Code homes produced over the same period in 2017.

A further analysis of the official industry statistics shows that the top ten shipment states from the beginning of the industry production rebound in August 2011 through August 2018  — with cumulative, monthly, current year (2018) and prior year (2017) shipments per category as indicated — are:

 

MHARRAugust2018ManufacturedHousingProductionReportTop10StatesDailyBusinessNewsMHProNews

Please note: There was a minor error in the September 10, 2018 MHARR Production Report.  Cumulative production for 2017 through the end of July 2017, should have been stated as 52,405 instead of 52,305, and the cumulative production increase percentage should therefore have been 9.8% instead of 10.0%.  Please correct your records accordingly.

The Manufactured Housing Association for Regulatory Reform is a Washington, D.C.-based national trade association representing the views and interests of independent producers of federally-regulated manufactured housing.

— 30 –

 

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2018’s Hardest-Working States in America, How Does Your State Rank?

September 3rd, 2018 Comments off

2018HardestWorkingStatesAmericaHowDoesYourStateRankPxWalletHubDailyBusinessNewsMHProNews

Labor Day is as good a time as any to see how the fifty states rank in terms of which state workers are said to be harder workers, or less so.

 

The source of the data is Wallet Hub.  Here are some of the main metrics they used to determine their ranking.

WalletHubTopHardWorkingStatesMetricsfor50StatesRanking2018DailyBusinessNewsMHproNews

Using those metrics above, here are the 50 states ranking, per Wallet Hub, from hardest working at the top, to the least hard working at the bottom.

WalletHubsTopHardWorkStates50StatesRankedChartByWorkerHoursMetrics

Wallet Hub also says, “Americans are hard workers, putting in an average of 1,783 hours per year, according to the World Economic Forum. That’s about 300 hours per year more than Germans work, but about 450 less than Mexicans do.

Even when given the chance to not work as hard, many Americans won’t. In fact, 52% of Americans didn’t use all of their available vacation days in 2017. However, while it may seem as if workers are happily pursuing the American Dream, many individuals’ reasons for working hard may not be so pleasant. Some fear that if they take time off they will look less dedicated to the job than other employees, risking a layoff. Others worry about falling behind on their work or worry that the normal workflow will not be able to function without them.”

The Daily Business News on MHProNews suggests is not endorsing the study or methodology.  Our team knows professionals in some supposedly low-ranking states that are hard workers by anyone’s definition. But this report is worth spotlighting, because it is one that mainstream media is touting once again this year.  WalletHub is a personal finance website.

June2018ManufacturedHousingProductionDataDailyBusinessNewsHUD-IBTS-MHProNews-277x768

MHProNews suggests you compare the Wallet Hub chart with the top states in manufactured housing production, as a more industry-focused reference.

Top10ManufacturedHousingshipments2018CummulativeManufacturedHousingAssocRegulatoryReformMHARRTXLAFLALNCMSCAKYMITN-DailyBusinessNewsMHProNews

As Labor Day winds down, it’s worth mentioning that Bloomberg reports more Americans are eating steak this year for the holiday. It’s one of several signs that the economy and wallets for millions have improved in the 19 months since President Donald J. Trump was sworn into office, with a pro-worker, pro-business agenda.  That’s “News through the lens of manufactured homes, and factory-built housing,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

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HUD Code Manufactured Home Shipments, Housing Production – March 2018 Data

May 3rd, 2018 Comments off

HUDCodeManufacturedHousingNewHomeShipmentsMarch2018StatisticsDataDailyBusinessNewsMHProNews

The Manufactured Housing Association for Regulatory Reform (MHARR) reports that official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year manufactured housing industry production grew again in March 2018.

 

Just-released statistics indicate that HUD Code manufacturers produced 8,830 homes in March 2018, a 7% increase over the 8,245 HUD Code homes produced during March 2017,” said MHARR in a release to the Daily Business News.  “Cumulative industry production for 2018 now totals 25,531 homes, a 9.1% increase over the 23,384 HUD Code homes produced over the same period in 2017.”

MHARR said that, “A further analysis of the official industry statistics shows that the top ten shipment states from the beginning of the industry production rebound in August 2011 through March 2018 — with cumulative, monthly, current year (2018) and prior year (2017) shipments per category as indicated — are:”

March2018HUDCodeManufacturedHousingShipmentDataTopTenStatesDailyBusinessNewsMHProNews

About MHARR 

The Manufactured Housing Association for Regulatory Reform is a Washington, D.C.-based national trade association representing the views and interests of independent producers of federally-regulated manufactured housing. ## (News, analysis, and commentary.)

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Immediate Expensing, Investing in Manufactured Housing, Developments w/Manufactured Homes

January 12th, 2018 Comments off

TaxBreaksMHProNewsDevelopingInvestingManufacturedHousingMHProNewsBillions are being freed up from tax reform domestically. Hundreds of billions more poised to come back into the U.S. via repatriation and from foreign capital.

Could manufactured homes and PreFab housing witness a new wave of investments?

The smart-money, early indications are; yes.

Housing is a trillion-dollar-plus annual industry.  There’s an affordable housing shortage of some 8 plus million units needed, now.

Plus, there are ‘disastrous opportunities’ awaiting the visionaries who are willing to – as has Warren Buffett or Sam Zell – made longer term investments.

New Production Center Opening; While Some States Struggle, Others Roll On

While investments in existing communities has drawn more headlines, it is also an arena packed with competitors. The Zell mantra of – when others are going right, look left – could be applied to new manufactured home production centers, retailing, and developing.

The entire playing field could be shifting in the coming years for manufactured homes, and the broader factory built housing.

Private Equity Fund Grabbing 2 PreFab Home Builders

What makes manufactured housing particularly attractive are the combinations of the following:

 

  • Enhanced preemption – with the Trump Administration repeatedly saying they will enforce the law – it could be a big time for the manufactured home industry on the preemption front, given the language in the Manufactured Housing Improvement Act of 2000.
  • Quality, Safety, Speed, Dramatically Lower Costs – as regular readers/viewers on MHLivingNews and MHProNews know, the industry’s reality is far different from the common perception. That’s an opportunity in disguise.
  • Immediate Expensing – Fox Business and other media outlets are touting what could be the next wave caused by the Immediate Expensing provision of the new tax law. Lending with land/home mortgage, or home only (chattel, personal property loans).

Against this backdrop, we present the video interview with Mike Harrison, of Lifeway Homes in Tulsa, OK.

ElectedOfficalExplainsSurprisingModernManufacturedHomesVideoInterviewMHLivingNews

Harrison helped arrange the previous, popular interview with an elected public official, who knows manufactured homes first hand, and praises them.  To see that video and report, click the above.

 

While Harrison has years of single family placement experiences, he’s been involved in several development and redevelopment projects, using manufactured and modular homes.

The disaster of Puerto Rico alone represents billions of dollars in opportunities for the visionary.

 

New HUD Code Manufactured Home Factory Opening, State Announces Hundreds of News Jobs

TheXFactorManufacturedHousingsSuprisingSolutoins

After the tax and regulatory cuts, investing – and investment dollars – looking to enter American business are ramping up.

That said, arguably new and existing players in the industry need to avoid the many pitfalls of the past, while navigating toward the opportunities.

Warren Buffett, “the Moat,” Manufactured Housing, Berkshire Hathaway, Clayton Homes, 21st Mortgage, Vanderbilt, Wells Fargo, NAI…

The data doesn’t lie. When 8 million plus housing units are needed, and the quality and safety of manufactured homes has never been better, don’t be surprised if the next ‘Buffett or Zell’ will soon enter the space.

Manufactured Housing Institute (MHI) Gives Written Responses – “Part of a Rigged, Corrupt System”

With the Trump administration’s more business friendly and enforce the law stance, much of the ground work is already in place.

Billionaires and billion-dollar operations are doing all they think they can to expand their footprint.  That’s a key takeaway from award winning industry veteran, Alan Amy in this brief video.

 

The Bottom Line

There are few opportunities as robust as manufactured housing in America is today. But it isn’t low hanging fruit. It looks like – and is – work.

Which is why it requires long term thinking, and behavior, to result in success. ## (News, analysis, and commentary.)

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Manufactured Housing, Prison Reform, Production, and Factory Built Housing Opportunitie$

November 24th, 2017 Comments off

PrisonsPrisonersManufacturedHousingCommitteeforResponsibleFederalBudgetDailybusinessNewsMHProNewsPrisons. Prisoners. Manufactured housing.

There are already points of intersection.  Can – and should – there be more?

Can the factory-built housing industry and the penal system each benefit by developing deeper ties with the other?  Can that be accomplished profitably?

The private and public sides of the U.S prison system costs the nation some $80 billion dollars annually, per data fact-checked by the Committee for a Responsible Federal Budget.

As their data charts shown below reflect, much of that spending is at the state and local level.

That makes the ‘prison industry’ – both private and public sectors combined – roughly 14 times larger than new manufactured housing sales calculated at the retail level.

TotalCorrectionsBudgetsCommitteForResponsibleFederalBudgetDailyBusinessNewsMHProNews

Prisons & Factory Building – Points of Intersection?

There are already some state-based efforts by manufactured housing association executives to see how prison labor might be used to ease the demand for labor in factories.

PrisonBuildProgramMIchiganDepartmentofCorrections696

There are also examples – such as the state of Michigan’s penal system – where prisoners are building components that are being used by factory-built and other housing companies.

MIchiganPrisonbuildgProgramEmploymentLaborRedinessManufacturedHousingIndustryDailyBusinessNewsMHProNews

But are there more opportunities for the two industry’s to develop mutually beneficial relationships?

Yes.

Modular Prison Rises in Mexico

U.S. Penal System Reform

There’s a growing bipartisan agreement that the penal system in America needs to be reformed.

With some sources estimating that there are 2.3 million Americans living behind bars – some say, the largest percentage of a population anywhere in developed world who are living incarcerated – there are several areas that with strategic vision, planning, and action could develop into billions of dollars in factory-built home industry opportunities.

Let’s float some ideas that a private or public prison system could explore, test, refine, and implement.

Forget prison cells, and dormitories.

Say hello instead to prisons where inmates live in a single-section manufactured homes, behind a walled town that also produces HUD Code manufactured and/or modular homes, as well as components for the building trades.

Used for those inmates who are properly screened – say, non-violent and other low-risk offenders – consider these bullets:

1) More humane incarnation,

2) Lower cost for manufactured homes (MH) than for building prison cells in many jurisdictions,

3) If a prisoners’ family wishes to do so, let them live with the inmate,

4) this could yield prisoners who are less likely to become institutionalized,

5) inmates are learning an honest skill they can use once outside, and

6) if they become a repeat offender, they could be screened out of this single-family housing program in the future.

USSpends80BillionYearONIncarcerationFactCheckDailyBusinessNewsMHProNews

With so many locked up, this might prove to be a smarter way to advance for tens of thousands of inmates.  With the shortage of housing labor, this could also create opportunities for both the MH Industry and penal system.

As noted, some prisons here and abroad are already testing elements of similar concepts.

Are there issues to navigate?

Yes, as the previous Daily Business News article linked below outlines, there are pros-and-cons that should be considered, and by doing so, the best possible approaches could be devised.

Kansas Manufactured Housing Association Opposes Home Building in Prison

Two Closing Notes

With millions still out of work, how can there be a ‘shortage?’

The entire issue of the so-called shortage of labor in U.S. needs to be seen as an indictment of a failed educational, and welfare system.

Who says?

A manufactured housing state association executive has told MHProNews that drug and alcohol addicted applicants and workers are part of the problem faced by employers, including those in manufactured housing and production. Significant numbers who apply simply don’t qualify, or are too addicted to hold a job.  Furthermore, when living off the state/federal largess is about the same – or better paying than – working in a factory, “why work in the factory?” that state association executive said.

FunctionofEducationTeachThinkIntensivelyThinkCriticallyIntelligencePlusCharacteTrueGoalofEducationDrMartinLutherKingJrDailyBuisnessNewsMHProNews

Developing skills – such as trade skills – are yet another possible purpose of education, one that the Trump Administration has said that it wants to revitalize

It is also an indictment on our educational system to the extent that many schools drifted away from providing opportunities to learn skilled trades. Not everyone is going to be college bound.  Why isn’t more being done to develop skills in the years before and during high school?

RevDonaldTyeJrManufacturedHousingAdvocateDailyBusinessNewsMHProNewsManufactured housing advocate, the Rev. Donald Tye has told MHProNews that how education is performing often contradicts the principles of good education.  That’s a view held by others leaders, such as Dr. Martin Luther King, Jr. described education.

Manufactured housing and prison connections are one of those mid-to-longer term projects the industry should develop.

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

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-Soheyla is a managing member and co-founder of LifeStyle Factory Homes, LLC the parent company to MHProNews and MHLivingNews.

Harvey, Irma, Jose, Maria…Now, It’s Nate – More MH Industry Impact Looming

October 6th, 2017 Comments off

NowItsHurricanNateDailyBusinessNewsManufactured housing industry professionals are still assessing the fall out and impacts of Hurricanes Harvey, Irma, Jose and Maria.

After a decade of relative quiet from Atlantic and Gulf hurricanes, Mother Nature has struck this year with a vengeance.

FEMA is buying homes as fast as it can acquire them, much to the chagrin of significant numbers of independent retailers, who for weeks have been understandably concerned, and are complaining that they’re being pushed back in line, “because FEMA pays more.”

Nate, say forecasters, is moving towards parts of the Gulf of Mexico that have U.S. offshore drilling activities. Its a tropical storm that is expected to reach hurricane force wind status before making landfall.  Such storms are also known to spawn tornadoes in their wake.

Flooding in some areas is another potential outcome to be expected.  Under-reported by the tornado-death focused news media is the fact that flooding kills more people every year than tornadoes by a significant margin.

NOAATropicalStormNateDailyBusinessNewsMHProNews

MH Industry Impacts

As with prior storms, that will impact fuel and other costs that are passed onto to manufactured home producers, retailers – and ultimately – consumers.  Depending on where Nate strikes, numerous manufactured home communities could be in its path.

Barring the unforeseen, the storm is expected to make landfall this weekend.

FEMAmanufacturedHousingUnitsFEMADailyBusinessNewsMHProNews

More updates on post-hurricane related events impacting manufactured housing, are linked here.  ## (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.

Manufactured Housing Industry, Markets, Wall Street Reacts to Trumponomics, 1 Year Data Snapshot

June 2nd, 2017 Comments off

WallStreetSeesRecordHighsEconomyAcceleratesManufacturedHousingIndustryDataPointsDailyBusinessNewsMHProNewsPeople – sadly, often including those in media – may lie, mislead, or spin.

The great thing about numbers is that they simply are. Facts still matter.

A high-ranking official at ELS told MHProNews that they believed in getting the word out; bad news, get it out.  Good news, get it out.  Let the facts speak, and let the market react.

The market has been speaking since November 9th, when it became clear that Donald Trump was going to be the next President of the United States.  While the agenda-driven segments of the media – on whatever part of the political spectrum they may be – tilts the news-of-the-day, in this way or that – the markets are speaking.

And overall, investors love President Trump and his America First policies.  As RC Williams reported exclusively to the Daily Business News yesterday, the jobs outlook is rosier than it has been in years as a result.

Whatever one’s politics, Trumponomics is off to a good start.  The president has also kept yet another promise to his voter base, to withdraw from the Paris climate deal. 

While some in the world and here in America wail,
others see this like an investor’s Monopoly game card that reads, “get out of jail.”

MonopolyGetOutOfJailFreeCardWikipediaPostedManufacturedHousingIndustryDailyBusinessNewsMHProNews

Flashback, Flash Forward

In the latest of our popular Flashback, Flash Forward reports, MHProNews takes a 1 year snapshot look below at all of the industry connected tracked stocks.  Last night’s closing numbers are linked below.

New UMH Acquisition, AMGs Huge Gain, Broader Markets Hit New Highs

First, the 1 Year Snapshot of each of the publicly traded stocks tracked on the Daily Business News.  These are a solid, impartial way of getting a read on how investors are viewing the broader markets, and manufactured housing’s place within them. Then, we’ll review some industry commentary on President Trump and his administration’s new HUD Secretary, Dr. Ben Carson. 

The manufactured home community, production and other industry connected tracked stocks – 1 year trend – alphabetically.

AMG

AffiliatedManagersGroupAMG2017-06-02_0521PostedDailyBusinessNewsMHProNews

BRK

BRKAParentClayton21stVMFOtherVendors2017-06-02_0526DailyBusinessNewsMHProNews

CG

CarlyleGroupCG2017-06-02_0531DailyBusinessNewsMarketReportManufacturedHousingIndustryDailyBusinessNewsMHProNews

CVCO

CavcoIndustries1YearSnapshot2017-06-02_0535DailyBusinessNewsManufacturedHousingIndustryMHProNews

DVLY

DeerValleyHomeBuildersDVLY2017-06-02_0539ManufacturedHousingIndustryDailyBusinessNewsMHProNews

ELS

EquityLifestylePropertiesELS2017-06-02_0544ManufacturedHomeIndustryDailyBusinessNewsMHProNews

KMMPF

KillamAptREITKMMPF2017-06-02_0547PostedManufacturedHousingIndustryDailyBusinessNewsMHProNews

LCII (Previously, Drew)

LCIIDrewIndustries2017-06-02_0551ManufactruredHousingIndustryDailyBusinessNewsMHProNews

LPX

LPXLouisianaPacificCorp2017-06-02_0554ManufacturedHousingINdustryDailyBusinessNewsMHProNews

NOBH

NobilityHomesManufacturedHousingIndustry2017-06-02_0558DailyBusinessNewsMHProNews

NRF

NortstarRealtyFinanceCorpNRF2017-06-02_0601ManufacturedHousingIndustryDailyBusinessNewsMHProNews

PATK

PatrickIndustriesPATK2017-06-02_0939ManufacturedHousingIndustryDailyBusinessNewsMHProNews

SKY

SkylineCorpSKY2017-06-02_0917ManufacturedHousingIndustryDailyBusinessNewsMHProNewsSUI

SunCommunitiesIncSUI2017-06-02_0950ManufacturedHomeCommunityIndustryDailyBusinessNewsMHProNews

TAVFX

ThirdAveValueFundTavFX2017-06-02_0957ManufacturedHousingIndustryConnectedMarketsDailyBusinessNewsMHProNews

TCN

TriconCapitalGroupTCN2017-06-02_1002ManufacturedHomeCommunityIndustryREITDailyBusinessNewsMHProNews

UMH

UMHPropertiesUMH2017-06-02_1012ManufacturedHomeCommunityREITDailyBusinessNewsMarketReportsMHProNews

UFPI

UniversalForestProductsIncUFPI2017-06-02_1016ManufacturedHousingIndustryDailyBusinessNewsMHProNews

Bullets on the above?

·        15 of the industry connected tracked operations are up.

·        1 is essentially flat.

·        2 have declined. 

After just over 4 months in office, this is a strong rally for the manufactured home industry.  Investors have voted with their wallets.

DowJones6MonthAvgPostedManufacturedHousingIndustryConnectedMarketReportNewsMHProNews

Not only have manufactured housing industry connected stocks rallied, but as the headline from Fox Business above states, the broader markets are bullish too. While much of the ‘agenda media’ is playing the echo chamber game – hoping to dissuade voters and business with rumors of unproven claims that have been investigated for months – the reality is shown in the charts on this page.  Those with the desire to keep the ‘deep state’ in place, will of course fight tooth and nail from the ‘drain the swamp’ policies of this duly elected president.  Yet, businesses and voters of all political stripes are benefiting from Donald Trump’s administration’s gutsy leadership.

Views Then and Now from Around the Industry About the Trump Presidency, Carson for HUD

As factory-built housing industry trainer, consultant and speaker Tim Connor said after the election,

buffettontrumphedeserveseverybodysrespectcreditlinkedin-postedtothedailybusinessnewsmhpronewsmhlivingnews

Tim Connor, CSP. long time factory-built home industry veteran, Credit: LinkedIn.

I don’t care whether you are a liberal, conservative, independent or something else – the bottom line with this year’s election was simply more of the same or something new, different or unique,said Tim Connor, CSP.

mark_weiss_mharr_pesident__mhpronews__credit

Mark Weiss, JD, President, CEO of MHARR.

With a personal background in business, rather than government, Mr. Trump – during the just-ended campaign – has been a consistent critic of innovation-stifling and job-killing overregulation and regulators who ignore or rationalize the far-reaching negative impacts of such regulations on the health of the economy, smaller businesses and consumers….” said MHARR President & CEO Mark Weiss, JD.

In another exclusive, Jim Clayton put it to MHProNews, “my thinking is increasingly optimistic and tends to align with those Republican leaders who are creatively saving-face while migrating back to the fold – and to PresidentDonald the Disruptor.”

Comments on Dr. Carson as HUD Secretary

Jim ClaytonrightLATonyKovachleftPhotocreditMHProNewscom

Jim Clayton, right. L. A. “Tony” Kovach, left. Photo credit, MHProNews.com

Very poor choice! There are numerous qualified people who can do great things for affordable housing,” said Titus Dare, EVP – Development & Construction at Eagle One Financial.  Dare’s full commentary, is linked here.

donaldtrumpnominatesbencarsonashousingsecretarycreditmhpronews1-postedtothedailybusinessnewsmhpronewsmhlivingnews

Titus Dare. Credit: MHProNews.

MH Industry production and association veteran, Jay Hamilton, took a more nuanced stance.

Dr. Ben Carson grew up in Public Housing,” said Hamilton. “He spent many years working as a Neurological Surgeon in an Urban Hospital Environment. So he witnessed the effect of substandard housing on health. But even still, a number may see this as an illogical choice.” 

jay-hamiltong-executive-director-georgia-manufactured-housing-association-gmha-posted-mhpronews-com1-1

Jay Hamilton, Executive Director, Georgia Manufactured Housing Association (GMHA).

Hamilton’s full comments on Carson as HUD Secretary are linked here.

Kurt Kelley. Credit: MHProNews. Kelley’s widely-read view on the passing of Justice Antonin Scalia, are linked here.

Kurt Kelley, JD, President of Mobile Insurance had a different take.

That’s [Carson as HUD Secretary] great news.  I have some ‘Carson for President’ bumper stickers.

donaldtrumpnominatesbencarsonashousingsecretarycreditmhpronews2-postedtothedailybusinessnewsmhpronewsmhlivingnews

Kurt Kelley. Credit: MHProNews.

Dr. Ben Carson is a true American success story,” said Kelley.

From the poor Detroit neighborhood he was raised in, “he became the best brain surgeon in the country and one of America’s most admired men,” says Kelley. “Dr. Carson knows what it’s like to be the little guy.  He’s exactly what D.C. needs.”  Kelly’s complete comments can be found, linked here.

Disclosure: This writer penned a letter of support that was picked up by the Trump for President website over a year ago.  As pro-industry publishers, we believed then and now that President Trump is the right man for these times to lead America back to its pro-business, free enterprise roots.

The evidence above, and weeks of post-election reports MHProNews has provided, clearly shows that the nation is on a path for solid growth. ##

(Editorial Notice: perspectives and analysis are always those of the writer, and may or may not represent the views of sponsors or others.)

(Image credits are as shown above.)

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

 

HUD Code Manufactured Home Production Rises Sharply

May 3rd, 2017 Comments off
mharr-hud-manufacturedhousingmonthlyproductionreport-manufacturedhousingindustryshipmentsdailybusinessnewsmhpronews

Credits: MHARR, HUD.

Washington, D.C., May 3, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that, according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year manufactured housing industry production increased substantially again during March 2017.

These just released statistics indicate that HUD Code manufacturers produced 8,245 homes in March 2017, a nearly 16 percent increase over the 7,110 HUD Code homes produced during March 2016.

Cumulative industry production for 2017 now totals 23,384 homes, a 22.4 percent increase over the 19,101 HUD Code homes produced over the same period in 2016.

A further analysis of the official industry statistics shows that the top ten shipment states from the beginning of the industry production rebound in August 2011 through March 2017 — with cumulative, monthly, current year (2017) and prior year (2016) shipments per category as indicated, are:

HUDCodeManufacturedHomeProductionSignificantIncreasesMarchReportcreditMHARR-postedtothedailybusinessnewsmhpronewsmhlivingnews

Credit: MHARR.

The latest information for March 2017 results in no changes to the cumulative top ten list.

In its most recent edition of “Issues and Perspectives,” a newsletter that focuses on items relevant to the manufactured housing industry, MHARR tackled key issues, including the new tariff on Canadian soft lumber.

m_mark_weiss_mharr_pesident__mhpronews__credit

MHARR President & CEO, Mark Weiss. Credit: MHProNews.

After threatening to impose trade duties on goods imported from China and Mexico during the presidential election campaign in 2016, the administration announced its first new tariff on imported goods in a statement issued by Commerce Secretary Wilbur Ross on April 24, 2017,” says MHARR in the report.

While the imposition of the Canadian lumber tariff caps a period of serious economic uncertainty for the residential construction industry, increases in home prices driven by higher supply costs for basic raw materials, such as wood, will have a magnified impact on the highly-priced sensitive manufactured housing market.”

For more from MHARR on the newsletter, click here. ##

 

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

 

rcwilliams-writer75x75manufacturedhousingindustrymhpronews

RC Williams, MHProNews.

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

HUD Code Manufactured Home Production Double-Digit Growth, February Report

April 5th, 2017 Comments off
mharr-hud-manufacturedhousingmonthlyproductionreport-manufacturedhousingindustryshipmentsdailybusinessnewsmhpronews

Credits: MHARR, HUD.

Washington, D.C., April 4, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that, according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year manufactured housing industry production increased substantially again during February 2017.

These just-released statistics indicate that HUD Code manufacturers produced 7,312 homes in February 2017, a 19.3 percent increase over the 6,129 HUD Code homes produced during February 2016. Cumulative industry production for 2017 now totals 15,139 homes, a 26.2 percent increase over the 11,991 HUD Code homes produced over the same period in 2016.

A further analysis of the official industry statistics shows that the top ten shipment states from the beginning of the industry production rebound in August 2011 through February 2017 — with cumulative, monthly, current year (2017) and prior year (2016) shipments per category as indicated — are:

HUDCodeManufacturedHomeProductionDoubleDigitGrowthFebruaryReportcreditMHARR-postedtothedailybusinessnewsmhpronewsmhlivingnews

Credit: MHARR.

The latest information for February 2017 results in no changes to the cumulative top ten list.

MHARR recently released its first edition of “Issues and Perspectives,” a newsletter that focuses on items relevant to the manufactured housing industry.M.Mark.WeissJDPresidentCEOMHARRManufacturedHousingAssociationforRegulatorReform-creditManufacturedHousingIndustryDailyBusinessNewsMHProNews

The edition of the newsletter addressed the need for manufactured housing to remain federally regulated, with MHARR President & CEO Mark Weiss stating, “In the natural world, the telltale scent of decay inevitably attracts predators and opportunists. Apparently, it’s no different with the decay of the HUD manufactured housing program over the past decade, and particularly over the past three years.

With the program in a steep decline under its present Administrator, talk has once again emerged about ‘sunsetting’ the program at HUD, along with its federally preemptive building code, removing this expenditure from the federal budget.”

 

For more from MHARR on the newsletter, click here. ##

 

(Image credits are as shown above.)

 

rcwilliams-writer75x75manufacturedhousingindustrymhpronews

RC Williams, for Daily Business News, MHProNews.

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