Archive

Posts Tagged ‘Sun Communities’

Sun Communities (SUI) As Viewed by Hedge Funds Data, Per Media Reports

June 25th, 2019 Comments off

 

SunCommunitiesLogoSUIlogoViewedByHedgeFundsPerMediaReportsManufacturedHomeCommunitiesIndustryMHProNews

Nina Todic, writing for investor-focused Insider Monkey and Yahoo Finance news, reported as follows about manufactured home commercial real estate giant, Sun Communities (SUI).

 

 

Sun is one of the publicly traded firms tracked in our evening manufactured housing connected stock report.  Last night’s closing ticker and related numbers are available at this link here.

We’ll note that this isn’t a fact-check. Nor is this an endorsement of Insider Monkey, rather, this is a report on June 18, 2019 that summarizes their findings on Sun Communities as it relates to hedge fund interest.

Let’s further note as a disclosure the mantra of Sam Zell, of Sun’s rival Equity LifeStyle Communities, famously quipped that “When others are going left, look right.” Zell told MHProNews that they have never lost confidence in the manufactured home community sector.

Those notes made, let’s dive into their data and views.

 

InsiderMonkeyTopHedgeFundsInvestorGraphicDollarAmountsCorporateNamesDailyBusinessNewsMHProNews 

Here’s What Hedge Funds Think About Sun Communities Inc (SUI)

Hedge fund managers like David Einhorn, Bill Ackman, or Carl Icahn became billionaires through reaping large profits for their investors, which is why piggybacking their stock picks may provide us with significant returns as well. Many hedge funds, like Paul Singer’s Elliott Management, are pretty secretive, but we can still get some insights by analyzing their quarterly 13F filings. One of the most fertile grounds for large abnormal returns is hedge funds’ most popular small-cap picks, which are not so widely followed and often trade at a discount to their intrinsic value. In this article we will check out hedge fund activity in another small-cap stock: Sun Communities Inc (NYSE:SUI).

Sun Communities Inc (NYSE:SUI) was in 18 hedge funds’ portfolios at the end of March. SUI has seen a decrease in support from the world’s most elite money managers of late. There were 22 hedge funds in our database with SUI holdings at the end of the previous quarter. Our calculations also showed that sui isn’t among the 30 most popular stocks among hedge funds.

Hedge funds’ reputation as shrewd investors has been tarnished in the last decade as their hedged returns couldn’t keep up with the unhedged returns of the market indices. Our research has shown that hedge funds’ small-cap stock picks managed to beat the market by double digits annually between 1999 and 2016, but the margin of outperformance has been declining in recent years. Nevertheless, we were still able to identify in advance a select group of hedge fund holdings that outperformed the market by 40 percentage points since May 2014 through May 30, 2019 (see the details here). We were also able to identify in advance a select group of hedge fund holdings that underperformed the market by 10 percentage points annually between 2006 and 2017. Interestingly the margin of underperformance of these stocks has been increasing in recent years. Investors who are long the market and short these stocks would have returned more than 27% annually between 2015 and 2017. We have been tracking and sharing the list of these stocks since February 2017 in our quarterly newsletter.

We’re going to review the new hedge fund action surrounding Sun Communities Inc (NYSE:SUI).

What have hedge funds been doing with Sun Communities Inc (NYSE:SUI)?

At Q1’s end, a total of 18 of the hedge funds tracked by Insider Monkey were bullish on this stock, a change of -18% from the previous quarter. The graph below displays the number of hedge funds with bullish position in SUI over the last 15 quarters. With the smart money’s sentiment swirling, there exists an “upper tier” of noteworthy hedge fund managers who were boosting their holdings considerably (or already accumulated large positions).

 

SUNCommunities-SUI-TopHedgeFundPositionsTrackInsiderMonkeyDailyBusinessNewsMHProNews

 

More specifically, Renaissance Technologies was the largest shareholder of Sun Communities Inc (NYSE:SUI), with a stake worth $152.7 million reported as of the end of March. Trailing Renaissance Technologies was Citadel Investment Group, which amassed a stake valued at $79.6 million. Waratah Capital Advisors, Millennium Management, and Echo Street Capital Management were also very fond of the stock, giving the stock large weights in their portfolios.

Seeing as Sun Communities Inc (NYSE:SUI) has experienced falling interest from the entirety of the hedge funds we track, it’s easy to see that there exists a select few funds that slashed their full holdings heading into Q3. Intriguingly, Stuart J. Zimmer’s Zimmer Partners said goodbye to the largest stake of all the hedgies tracked by Insider Monkey, comprising an estimated $54.1 million in stock. Richard Driehaus’s fund, Driehaus Capital, also dumped its stock, about $2.3 million worth. These transactions are intriguing to say the least, as total hedge fund interest was cut by 4 funds heading into Q3.

Let’s now review hedge fund activity in other stocks – not necessarily in the same industry as Sun Communities Inc (NYSE:SUI) but similarly valued. We will take a look at Agnico Eagle Mines Limited (NYSE:AEM), National Oilwell Varco, Inc. (NYSE:NOV), Ralph Lauren Corporation (NYSE:RL), and Trimble Inc. (NASDAQ:TRMB). This group of stocks’ market caps are closest to SUI’s market cap.

 

InsiderMonkeyTopHedgeFundsPositionsRelativetoSUIsunCommunitiesDailyBusinessNewsMHProNews

 

As you can see these stocks had an average of 22.5 hedge funds with bullish positions and the average amount invested in these stocks was $751 million. That figure was $413 million in SUI’s case. Ralph Lauren Corporation (NYSE:RL) is the most popular stock in this table. On the other hand Trimble Inc. (NASDAQ:TRMB) is the least popular one with only 14 bullish hedge fund positions. Sun Communities Inc (NYSE:SUI) is not the least popular stock in this group but hedge fund interest is still below average. Our calculations showed that top 20 most popular stocks among hedge funds returned 1.9% in Q2 through May 30th and outperformed the S&P 500 ETF (SPY) by more than 3 percentage points. A small number of hedge funds were also right about betting on SUI as the stock returned 4.2% during the same time frame and outperformed the market by an even larger margin.

Disclosure: None. This article was originally published on Insider Monkey at this link here.

##

SunCommunitiesIncSUIRentalofManufacturedHomeVsOtherRentalComparisionsFeb2019IRDec312018DataManufacturedHomeCommunityDailyBusinessNewsMHProNews

 

For balance, and to exemplify why Zell and other savvy investors have not lost confidence in manufactured housing (MH) and MH Communities, consider the graphics above and below from Sun Communities. 

SunCommunitiesIncSUIManufacturedHomeSalesPriceComparisionConventionalHousingCostFeb2019IRDec312018DataManufacturedHomeCommunityDailyBusinessNewsMHProNews

 

Our more robust MHProNews April 2019 data-and graphically rich dive into Sun is found at this linked text-image box below, which is the source for the sample Sun Community graphics on this page.

 

Sun Communities Under the Hood – Data Reveals – Manufactured Homes, Communities, Comparisons with Conventional, Multifamily Housing

 

During an affordable housing crisis, there are reasons to pay attention to the most proven of all kinds of affordable homes. 

 

CostToMoveManufacturedHomeRararityMovingManufacturedHomeSunCommunities2-2019ManufacturedHomeDailyBusinessNewsMHProNews

SunCommunitiesIncSUIFactorsPoweringGrowthFeb2019IRDec312018DataManufacturedHomeCommunityDailyBusinessNewsMHProNews

That most proven permeant affordable housing resource would be HUD Code manufactured homes.

 

InfographicMobileManufacturedHomeManufacturedHousingIndustryFactsDataResearchMobileManufacturedHomeLivingNews

Manufactured housing is the most proven form of affordable housing. It offers consumer safeguards that far more expensive conventional housing does not offer.

 

That’s this morning’s second installment of manufactured home “Industry News, Tips, and Views Pros Can Use,” © 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.)

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

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.

SubmitNewsTipsManufacturedHomeProNewsMHProNewsLogoDailyBusinessNews

Submit confidential or on-the-record news tips, or comments at this linked email mailto:iReportMHNewsTips@mhmsm.com. Put the phrase “News Tips” or “Comments” in the subject line to help us spot yours in our volume of emails, thank you.

Related Reports:

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

Views From Trenches of Manufactured Housing – Factories, Retailers, MHCs, Others Sound Off

 

Nicole Friedman, Ben Eisen, Wall Street Journal – Fannie, Freddie, Manufactured Homes, and MH Financing – Part 1

TimeToInvestigateFannieFreddieMishandlingofDutyToServeDTSMHARRissuesPerspectiveManufacturredHousingAssocRegulatoryReformLogo

https://manufacturedhousingassociationregulatoryreform.org/time-to-investigate-fannie-and-freddies-mishandling-of-dts/

HUD Secretary Ben Carson, Affordable Housing, Obscuring the Truth, Innovations in Housing, and Manufactured Homes

 

 

 

 

 

New Manufactured Home Community Research Data – Site Fees, Occupancy Survey, YoY Changes, 20 Top U.S. Markets

April 30th, 2019 Comments off

 

LotRentSiteFeesManufacturedHomeCommunityMobileHomeParkResearchDataCompJLTAssocMarcusMillichapMHProNews

Before you take out that credit card to pay for similar data to Datacomp-JLT or others, why not look at what this free snapshot provides. It may save you some money.

 

In a release to the Daily Business News on MHProNews, Marcus & Millichap Research Services provided the following snapshot.

The graphic represents their compiled data from a variety of sources.

 

20TopMetrosUSManufacturedHomeCommunityMobileHomeParkLotRentSiteFeesVacancyRatesYoYChangeAveragePadRentMHProNews

As an additional data point, consider this from Sun Communities recent investor presentation.

 

SunCommunitiesIncSUIRentalofManufacturedHomeVsOtherRentalComparisionsFeb2019IRDec312018DataManufacturedHomeCommunityDailyBusinessNewsMHProNews

The data on left is for the rental of a home and the site.

SunCommunitiesIncSUIFactorsPoweringGrowthFeb2019IRDec312018DataManufacturedHomeCommunityDailyBusinessNewsMHProNews

Marcus & Millichap is one of the publicly trade companies tracked in our evening market report. For the latest data on their firm and others from the manufactured home industry from Tuesday evening, click here.

As a disclaimer, the firm said, “The information contained in this report was obtained from sources deemed to be reliable. Every effort was made to obtain accurate and complete information; however, no representation, warranty or guarantee, express or implied may be made as to the accuracy or reliability of the information contained herein. This is not intended to be a forecast of future events and this is not a guaranty regarding a future event. This is not intended to provide specific investment advice and should not be considered as investment advice.”

SubmitNewsTipsCommentsLettersToEditorMHProNews

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.

That’s this tonight’s manufactured home “Industry News, Tips, and Views Pros Can Use,” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

ManufacturedHousingProNewsMHProNewsConfidentialTipsDocumentsNews

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 browsers do.

(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.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

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.

Sun Communities Under the Hood – Data Reveals – Manufactured Homes, Communities, Comparisons with Conventional, Multifamily Housing

$170 Million Manufactured Home Community Acquisition by Giant RHP Properties, 17 MHCs, Now 25 States

 

“Don’t Mess With the Virgin,” Heated Fair Housing Manufactured Home Community Controversy Comes to Conclusion

Law Scrutinizes Equity LifeStyle Properties (ELS) Score of Resident Owned Community (ROC) Deal

GIGO, Esther Sullivan, Clayton Homes, Boston Globe, GSMOL on ‘Manufactured Insecurity-Mobile Home Parks and Americans’ Tenuous Right to Place’

Fannie Mae Reports Billions in Manufactured Home Community Deals, Details Others Lack

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

Eye Opening – Manufactured Homes in National, Global Context

 

 

 

 

 

 

 

 

Sun Communities Under the Hood – Data Reveals – Manufactured Homes, Communities, Comparisons with Conventional, Multifamily Housing

April 12th, 2019 Comments off

 

SunCommunitiesLogoSUIDataRevealsManufacturedHomeCommunitiesComparisonsWithConventionalMultiFamilyHousingDailyBusinessNewsMHProNews

Someone might take HBO’s Last Week Tonight with John Oliver satirical hit on “Mobile Homes” at face value.  For those lacking sufficient insight, they might be left with the impression that buying a manufactured home is stupid, because the industry is filled with nothing but heartless sharks.  The examples they gave included Warren Buffett, Clayton Homes, and Frank Rolfe, among others.

 

While the industry arguably has problems, as the fact-check of Oliver’s video linked here reflects, those internal and external challenges are from a minority of firms, not the majority.

 

Bloomberg5YearTrendSunCommunitiesDailyBusinessNewsMHProNews

MHProNews is pro-free enterprise, as well as pro-consumer. Money honestly earned is to be celebrated, not denigrated. What John Oliver’s report spotlighted does not apply to all firms, it only applies to a few, albeit typically larger ones.

 

What follows is not a fact check, but rather a review of the most recent Sun Communities investor relation information.

This is not an endorsement, nor a critique.  Publicly traded companies are not guaranteed to provide accurate information, but they certainly are required to provide accurate information with plenty of disclosures.

SunCommunitiesIncSUIManufacturedHomeSalesPriceComparisionConventionalHousingCostFeb2019IRDec312018DataManufacturedHomeCommunityDailyBusinessNewsMHProNews

This first slide addresses the surprising value comparison, that Oliver’s video did note. Oliver’s video called for communities to become ROCs – resident owned communities. As Paul Bradley, ROC USA President , cited by Oliver’s video, told MHProNews, there are good community operations. It would be unfair to reject them all, they should be discerned on a case by case basis. Beyond ROCs, Oliver did not provide any options that could supplant the value that manufactured homes offers the public, particularly those who may not be in a position to afford a conventional house.

 

The timing for this report here on MHProNews is relevant for this reason.

 

SunCommunitiesIncSUIRentalofManufacturedHomeVsOtherRentalComparisionsFeb2019IRDec312018DataManufacturedHomeCommunityDailyBusinessNewsMHProNews

 

While the Oliver video, relying in good measure on the MHAction white paper previously reviewed on the Daily Business News. So careful, regular MHProNews readers were not taken by complete surprise by the claims by MHAction and their strategic allies – the Private Equities Stakeholder Project and Americans for Financial Reform – in their strike on the industry’s giants. ICYMI, the report is found at the linked text-image box below.

 

“Billion Dollar Empire Made From Mobile Homes,” What Washington Post’s Peter Whoriskey Didn’t Report

 

With that brief backdrop, let’s unpack some information developed by Sun Communities Inc (SUI).

 

SunCommunitiesIncSUI-MHGrowthRVGrowthMHProductionVsShareSingleFamilyHousingStarts-Feb2019IRDec312018DataManufacturedHomeCommunityDailyBusinessNewsMHProNews

Manufactured housing is underperforming, as the third graphic above reveals. What the second graphic doesn’t reflect is that 20 years ago, RVs trailed manufactured home (MH) production by 3 to 2 in favor of MH. Today, RVs outsell MH by some 5 to 1.

 

Per their website, The company owns and operates or has an interest in 371 manufactured housing and recreational vehicle communities located in 31 states throughout the United States and Ontario, Canada, as of December 31, 2018. Sun Communities’ portfolio consists of over 128,000 developed sites.”

 

CostToMoveManufacturedHomeRararityMovingManufacturedHomeSunCommunities2-2019ManufacturedHomeDailyBusinessNewsMHProNews

 

They added that, “Established in 1975, Sun Communities became a publicly owned corporation in December, 1993. The company is a fully integrated real estate investment trust (REIT) listed on the New York Stock Exchange under the symbol: SUI.”

 

SunCommunitiesIncSUIFactorsPoweringGrowthFeb2019IRDec312018DataManufacturedHomeCommunityDailyBusinessNewsMHProNews

CaseyMackLegacyHousingManufacturedTinyHomesKudosMHProNews

 

The SUI stock trend for the last five years was inserted by MHProNews as shown above, per Bloomberg on 4.11.2019.

 

SunCommunitiesIncSUIOperatingFinancialGuidanceFeb2019IRDec312018DataManufacturedHomeCommunityDailyBusinessNewsMHProNews

The screen captures shown are from their most recent Investor Relations (IR) presentations herein are not necessarily in sequence.  Once more, our purpose here is to use their information to shed new light on the MHAction white paper, which was a behind-the-scenes driver for Oliver’s viral video.

A secondary benefit of this report is to clarify for investors and perhaps shaken, newcomers to our industry that this industry isn’t as predatory as some might want to make it appear to be.   The balance of the Sun IR report is found here as a download.

That MHAction white paper spotlighted some egregious scenarios that have in fact occurred in the industry. Here on MHProNews and our sister site – MHLivingNews – we’ve features some of the same data, but always with bright line distinctions between the few that do such deeds, vs. the balance who strive to do business in an honorable fashion.  Why didn’t MHI make that argument?  Or is it because those who were spotlighted where essentially all tied to MHI, and the Omaha-Knoxville-Arlington axis?

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

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.

That’s this morning’s initial edition of News through the lens of manufactured homes, and factory-built housing.” © where “We Provide, You Decide.” © ## (News, analysis, and commentary.)

 

ManufacturedHousingProNewsMHProNewsConfidentialTipsDocumentsNews

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 browsers do.

(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.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

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.

For Want of a Nail – Manufactured Housing

Michigan Association’s Video Campaign, What They’ve Said About Manufactured Home Living

 

Bryan Manufactured Homes Ban Passed, But Petition Count, Other Legal Moves May Stop Texas City

HBO’s John Oliver on Last Week Tonight Mobile Homes Video, Manufactured Home Communities Fact Check

 

Why is Seattle Dying? Affordable Housing, Misplaced Compassion, and Manufactured Homes

MHARR Calls on New Fannie Mae CEO Hugh Frater to Fully and Properly Implement Federal Law

HUD Study, Analysis of Zoning Discrimination Against Manufactured Housing Sought

 

 

 

 

 

“Rent is Too Damn High,” But Why? MHVille Struggles & Solutions

November 11th, 2018 Comments off

 

RentIsTooDamnHighButWhyDailyKosMHVilleStruggles&SolutionsDailyBusinessNewsMHproNews

From New York to California, there have been protesters who’ve carried signs saying the “rent is too damn high.”

 

It’s vexing. Because this ought to be yet another signal for manufactured housing professionals and investors to better understand the dynamics that could spark the industry’s authentic return as a major producer of housing in America.

But instead, as other reports from this past week reveal, manufactured housing nationwide stalled in new home shipments. Some states rose, others fell, and the net outcome nationwide is a slip. All of those reports are linked below.

Molly Ball has a featured report on left-of-center Time Magazine that reveals her view that it’s about to get worse in America. Time has been strongly anti-Trump at least since 2016, but they admit the 45th President of the United States (POTUS) bucked the tide of decades of midterm history. That’s significant to industry pros for reasons Saturday’s Daily Business News report reflects.

Seasoned and savvy manufactured housing professionals don’t have to be told that we have a great option for affordable housing. Arguably, it’s the most bang for the money. It’s a solution to the rent that is ‘too damn high.’

So why isn’t the industry performing better?  The answers are being revealed, one story at a time, and in reports like this week’s Masthead. 

But there’s more.

There’s big news about Legacy Housing, and a stunning shakeup at Cavco. A big move by Sun Communities too. Those and other reports below.

Check out the in depth Saturday report and analysis on the milieu in which affordable housing’s struggles are embroiled in, along with over 2 dozen more other articles and reports from the week that was.

We provide actionable insights, fact-checks, reports, and analysis that are found no where else in the manufactured housing industry’s trade media. It’s an avoidably modest industry today, a fraction of what it was in 2018. That sad, because it is avoidable. But it is also an opportunity in disguise, for those willing to dig in, understand and then take specific action steps. The right steps would arguably make individual locations more profitable than they’ve been in years, decades, or perhaps the best ever.

You’ve made us the runaway number one trade media in manufactured housing. The industry, per the Manufactured Housing Institute (MHI) has 40,000 full time equivalents (FTEs) We think their figure may be low, but regardless it is a sobering number to reflect upon. With that backdrop, our thanks to all of our readers, clients, and sponsors for making this the place where well over ten thousand pros and industry researchers will come on an average day to read “Industry News, Tips, and Views Pros Can Use.” ©  As millions head to or from Sunday worship, as we look ahead to Veterans Day tomorrow, there is much to ponder, pray, and then perform. 

With no further adieu, let’s dive into the headline week in review, on this Sunday Morning. 11.4 to 11.11.2018.

 

What’s New on the Masthead

 TheMastheadCommentaryLATonyKovachMHProNews

Prosperity Now, Protests, Indivisible Project, Warren Buffett, George Soros, POTUS Donald Trump, MHAction and Manufactured Housing – Following the Money

 

What’s New from MHARR

“A HUD MONITORING CONTRACT ‘BRIDGE TO NOWHERE’”

 

Financial Services Chairman Calls for End of GSEs

 

September 2018 Manufactured Home Production Data Shows Slight Flatline

 

What’s New on the Daily Business News on MHProNews

 1DailyBusinessNewsLogoMHProNewsLogo-1

 

Saturday 11.10.2018


Affordable Housing, the Visible, Yet Mysterious Struggle for an Obvious Solution, Case Examples

Affordable Housing, the Visible, Yet Mysterious Struggle for an Obvious Solution, Case Examples

 

Friday 11.9.2018

Legacy Housing Files for IPO, Plus Manufactured Housing Industry Market Updates

Legacy Housing Files for IPO, Plus Manufactured Housing Industry Market Updates

Manufactured Home Owner, and Billionaire Third Point Hedge Fund’s Daniel S. Loeb Shakes Market Watchers

Manufactured Home Owner, and Billionaire Third Point Hedge Fund’s Daniel S. Loeb Shakes Market Watchers

Cavco Chairman Joseph H. Stegmayer Steps Down Under SEC Cloud, “Personal, Confidential” SEC Document, Cavco Industries’ Statement

Cavco Chairman Joseph H. Stegmayer Steps Down Under SEC Cloud, “Personal, Confidential” SEC Document, Cavco Industries’ Statement

Divisions in America, and Manufactured Housing – Reality Check 1 – 11.9.2018

Divisions in America, and Manufactured Housing – Reality Check 1 – 11.9.2018

 

Thursday 11.8.2018

Markets Muted, Mixed, See FED OMC Meeting Notes, Plus MH Market Updates

Markets Muted, Mixed, See FED OMC Meeting Notes, Plus MH Market Updates

National New HUD Code Manufactured Home Production Data Summary, September 2018 Analysis

National New HUD Code Manufactured Home Production Data Summary, September 2018 Analysis

Direct Relationship – Rule of Law, Sound Information, Equal Access, Profits & Pay – MHVille, Megyn Kelly, Tucker Carlson

Direct Relationship – Rule of Law, Sound Information, Equal Access, Profits & Pay – MHVille, Megyn Kelly, Tucker Carlson

MHARR Warns Single Source Federal Contract is “Bridge to Nowhere”

MHARR Warns Single Source Federal Contract is “Bridge to Nowhere”

Wednesday 11.7.2018

Sun Communities Strategic Investment in Ingenia Communities, Info, Videos Beyond the Release, Plus Manufactured Home Industry Market Updates

Sun Communities Strategic Investment in Ingenia Communities, Info, Videos Beyond the Release, Plus Manufactured Home Industry Market Updates

Key Clayton/MHI/BO Bets Spanked, First Look at Winners & Losers

Key Clayton/MHI/BO Bets Spanked, First Look at Winners & Losers

Conflict of Interests? MHI’s, MHARR’s Most Recent Statements on Controversial GSE Lending, House Financial Services Committee Chairman Weighs In

Conflict of Interests? MHI’s, MHARR’s Most Recent Statements on Controversial GSE Lending, House Financial Services Committee Chairman Weighs In

Another Top Manufactured Home State is Sliding on New HUD Code Home Shipments, More New Data

Another Top Manufactured Home State is Sliding on New HUD Code Home Shipments, More New Data

 

Tuesday 11.6.2018

Red Wave? Blue Wave? Here’s What Wall Street Is Watching, plus MH Market Updates

New Shipment Data, Top Manufactured Home State, Other MH States Continue Slide

New Shipment Data, Top Manufactured Home State, Other MH States Continue Slide

Lead, Kindly Light

Lead, Kindly Light

Sexual Harassment, #MeToo Small Business Workplace Webinar

On the Eve of the Midterms, Closing on Willie Horton? Plus, MH Market Updates

On the Eve of the Midterms, Closing on Willie Horton? Plus, MH Market Updates

 

Monday 11.5.2018

MH Sales, Marketing, Management Life Lesson – Plan A, Plan B

MH Sales, Marketing, Management Life Lesson – Plan A, Plan B

Former Clayton Homes Team, Employees Speak Out – Mainstream Media, Trade Media Reports

Former Clayton Homes Team, Employees Speak Out – Mainstream Media, Trade Media Reports

VP Mike Pence, “We’ll Hold House,” Make History “When We Elect John James” Rush Limbaugh, Sean Hannity Rally With POTUS Trump Monday Evening

Sunday 11.4.2018 Plus MH Week In Review, for 10. .2018 to 11.4.2018

Business Strategy, Open and Stealth Clients, Transparency, and Manufactured Housing

Business Strategy, Open and Stealth Clients, Transparency, and Manufactured Housing

 

Together with 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.)

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.

(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.

ManufacturedHomeIndustry#1HeadlineNewsMHProNews

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:

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

 

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)

ManufacturedHousingCompositeIndexManufacturedHomeIndustryDailyBusinessNews7102018

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.

U.S. vs China, SCOTUS Pick, Biz Effects, and MH Market Updates

July 9th, 2018 Comments off

CNNmoney7.9.2018ManufacturedHomeStocksMarketsReportsMHProNewsBefore diving into tonight’s feature, millions will tune in tonight to see who President Donald J. Trump will nominate to replace retiring Justice Anthony “Tony” Kennedy on the Supreme Court of the United States (SCOTUS). Some have speculated on a variety of supposed top contenders. An interesting op-ed by Senator Orin Hatch May provide a clue, when it uses the pronoun “she” to describe the pending nominee. 

According to the often-announced plan, sometime after 9 PM ET, the nation will know.

That said, beyond the data for today’s tracked manufactured home industry connected equities, the focus for tonight’s is what Fox Business called a “risky” trade war.

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

 

The evolving Daily Business News market report sets the manufactured home industry’s stocks in the broader context of the overall markets.

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.

MH “Industry News, Tips and Views, Pros Can Use.” ©

ICYMI – for those not familiar with the “Full Measure,” ‘left-right’ media chart, please click here. 

Selected headlines and bullets from CNN Money:

  • The product is banned in some cities. The company is valued at $2 billion
  • Sell tech: Morgan Stanley’s warning to investors
  • Disney set to nab 700 million viewers in India
  • Samsung goes big in India with ‘world’s largest mobile factory’
  • Is HBO the next Netflix?
  • Tencent Music could reach $30 billion valuation in US IPO
  • Inside Adidas’ vision for the future
  • Driving the Subaru 360, one of the worst cars ever sold in America
  • ‘Ant-Man and the Wasp’ marks Marvel’s 20th straight No. 1 opening
  • Tariffs cast a shadow as earnings season begins
  • US soybean farmers say China tariffs could result in ‘serious damage’
  • Chicken nuggets, avocados and whiskey. The trade war is making 1,300 products more expensive
  • 4 ways to make your workday more productive
  • What we lose when we let Trump’s tweets and insults take over the news
  • Winklevoss twins’ cryptocurrency firm hires NYSE executive
  • Sonos prepares to go public
  • ‘Ant-Man and the Wasp’ caps off Marvel’s blockbuster year
  • Uber and Lyft want to be about so much more than cars
  • Samsung’s run of record profits fizzles out
  • Having more control over your data doesn’t mean it’s safe
  • China says the US has started ‘the biggest trade war’ in history
  • Google’s eerily human phone bot is ready for the real world
  • Boeing’s hypersonic passenger plane could get you from New York to London in 2 hours
  • Boeing and Brazil’s Embraer form $4.75 billion commercial jet venture
  • The new Fox will be a sports and entertainment hub
  • MoviePass rolls out surge pricing
  • Another strong jobs report. Here’s why unemployment jumped
  • Mall vacancies hit six-year high
  • Trump calls journalists ‘bad people’ at rally a week after newsroom shooting
  • Is this the future of home renovation?
  • Amazon could radically change how you get prescriptions
  • These gadgets could transform the lives of visually impaired people
  • Jaguar Land Rover: Brexit threatens our plan to spend $100 billion in the UK

Selected headlines and bullets from Fox Business:

  • Trump rips Pfizer for raising drug prices
  • Winners and losers of Trump’s decision to halt ObamaCare payments
  • Stock rally continues following jobs report
  • The next recession: When, and why it will happen
  • Chinese customs clears some US goods as new tariffs take effect: sources
  • Amazon Prime Day 2018: How to score the best deals
  • Trump’s Supreme Court nominee will be ‘outstanding’: former clerk for Justice Scalia
  • Starbucks is officially going strawless
  • Twitter stock falls as company tackles fake accounts
  • This new game show will pay off your student loan debt
  • Economists understating US GDP
  • Will Elon Musk’s ‘kid submarine’ be used in Thai rescue?
  • War on straws: 5 eco-friendly alternatives to plastic
  • AT&T to overhaul HBO, add more original content: report
  • Trump feeds on the rage of opponents: Varney
  • Elvis, Beatles memorabilia items on display at Hard Rock
  • Twitter stock falls as company tackles fake accounts[overlay type]
  • Twitter stock falls as company tackles fake accounts
  • Why Advanced Micro Devices Stock Gained 59% So Far in 2018
  • How Pandora Media Inc. Shares Soared 63.5% Higher in the First Half of 2018
  • A solid first-quarter report was music to the ears of success-starved shareholders.

 

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

9MarketIndicatorsYahooFinance7.9.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue7.9.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 –

It may surprise some to learn that a third-party research found that Fox News is roughly a 50-50 split on coverage that is for-or-against the president and Trump Administration policies.

Seriously?

While many Fox News and Fox Business hosts are pro-POTUS Trump, not all are.

Further, many of the shows feature panel discussion, where they bring in Democratic, or so-called RINO, and “never Trump” backers.

 

The video above is an example of a report that is largely negative about the Trump trade gambit. It isn’t until the very end of the video that you get a sense of why the president is taking this tactic in the first place.

The interview with Forbes’ Steve Forbes is also tentative about the issue of trade.

But there are voices in the business world that think that this is precisely the right strategy, and it is the right time, because there is a nice cushion fueled by more jobs, rising wages, lower taxes, more common sense regulations and the like.

Time will tell.  But as Marty Lavin, or CNBC’s Cramer have observed, the time is right for this battle. If not now, when will the U.S. stand up to China’s theft of intellectual property, or other problematic trade practices?

USChinaTradeWarManufacturedHousingIndustryDailyBusinessNewsMHproNews

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).

7.9.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.”

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

SoheylaKovachDailyBusinessNewsMHProNewsMHLivingNews(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.

 

What are the FACTS about Manufactured Housing Industry Traffic vs. Real Estate? MHVillage, MHProNews, Manufactured Housing Institute Data

May 3rd, 2018 Comments off

AlexaFactsManufacturedHousingIndustryTrafficVsRealEstate520x320

There are several kinds of webmaster tools data, and research services that measure website traffic.

 

A colleague of some competing trade media bloggers and publishers raised the question of traffic and site data  That source, an ally of several competitors, suggested that the Daily Business News publish a report.

This report is a response to that challenge.

Quoting a phrase verbatim from a much longer emailed message, “What you [MHProNews] probably don’t realize is, others – not me – track and report their findings to interested parties in the industry.”  Rephrasing, some are talking trash, claiming our traffic is lower then claimed, and there’s is higher. What that source politely told MHProNews is that we should “put up” more facts about our traffic claims.

That sparked a discussion that lead to the following report, which will begin with a broad look at how manufactured housing stacks up with mainstream housing.  Then, we will turn to a look at some specific manufactured home (MH) industry sites, including – but not limited to – MH trade media sites.

The topic is actually an important one for the manufactured housing industry’s understanding of itself, with respect to the broader housing market.

One more quick preface. Be it Google, Alexa, Webalizer, or whomever, the most accurate site data will always come from website tracking done at the server level.

 

Let’s dive into the data, from Alexa first – a popular website rank rating service, an Amazon brand – and then look at the third party data from Webalizer and MailChimp.

 

First of Two Data Set Reviews 

The data below will start with Alexa’s data on some conventional housing websites.

Zillow

ZillowTrafficMay32018AlexaManufacturedHousingIndustryDailyBusinessNewsMHProNews598x413

Realtor (NAR)

RealtorWebsiteAlexaManufacturedHousingINdustryDailyBusinessNewsMHProNews

National Association of Home Builders

2018-05-03_1442NAHBNationalAssocHomeBuilderTrafficAlexaDailyBusinessNewsMHProNews

NAHB data reflects longer engagement, but a higher bounce rate, than Zillow and Realtor, per Alexa.

Clayton Homes

ClaytonHomesAlexaManufacturedHousingTrafficData2018-05-03_1545ManufacturedHousingIndustryDailyBuisnessNewsMHProNews

Note that Clayton Homes trails all of the conventional housing sites above, in every category. That’s not unusual in manufactured housing, as a look at other site’s data confirms.

 

Sun Communities

2018-05-03_1555SunCommunitiesTrafficManufacturedHousingIndustryCommuitiesDailyBusinessNewMHProNews

MHVillage

MHVillageAlexaManufacturedHousingIndustryDailyBusinessNewsMHProNews600x480

MHVillage has its MHInsider as part of the main site, so there is no easy way to use Alexa data to determine that specific traffic. That said, the photo below of stacks of unclaimed MHInsider suggest their readership rate could be low.

 

MHInsiderManufacturedHousingINdustryDailyBusinessNewsMHProNews

One possible correction on a prior MHProNews report. Based upon anecdotal reports, including from Clayton Homes sources, the Daily Business News presumed that the Clayton Homes website may have more traffic than MHVillage. If the Alexa data is accurate, that would be in error. If so, the above serves to correct or clarify the record.  MHProNews strives to be factually accurate, and will always correct or flag when a statement, controversy, allegation, or concern raised may be in doubt.

 

Manufactured Housing Institute (ManufacturedHousing.org, MHI)

2018-05-03_1608ManufacturedHousingORGMHIManufacturedHousingInstituteDailyBusinessNewsMHProNews

The bounce rate, per Alexa, is more than double that of MHProNews. Engagement on MHI’s website, per Alexa, is low.

Some of the sites that follow, like the one above for MHI, have disclaimers from Alexa that say – “not enough data.” See an example, shown below.

2018-05-03_1421AlexaAboutNotEnoughDataManufacturedHousingIndustryDailyBusinessNewsMHProNews_

 

MHProNews.com (a.k.a. MHMarketingSalesManagement.com)

2018-05-03_1408MHMarketingSalesManagementAlexaMHProNewsManufacturedHousingProNews

Because Alexa has no tracking device authorized on our server, the best they can get is an estimate. The more specialized the site, the less accurate their estimated data is likely to be. That said, Alexa shows MHProNews traffic and engagement are higher, and our bounce rate lower, than other industry websites. FYI – the higher the bounce rates, like MHI has, means people don’t stick around. Webalizer data will demonstrate that the Alexa data is in fact too low.  Bounce rates are like a golf score, the lower the better. 

George Allen (Community Investor blog)

2018-05-03_1415GeorgeAllenCommunity-InvestorBlogManufacturedHousingINdustryDailyBusinessNewsMHPronews600_001

MHReview (MHR)

2018-05-03_1624ManufacturedHousingReviewManufacturedHomeIndustryDailyBusinessNewsMHProNews

The traffic on MHReview is so low that it generates no Alexa estimate, as of this date.

American Housing Advocates

2018-05-03_1846AmericanHousingAdvocatesManufacturedHousingIndustryDailyBusinessNewsMHProNews

AHA is seen by several of those who know about it as an MHI surrogate site.

 

Unpacking the Data

When a webmaster

  • has signed up a site for statistical ratings,
  • and if that data is collected from the server itself,
  • as logic suggests, that server-based data is routinely going to be the most accurate.

Outside measurements services that AREN’T based on the server are at best, estimates.  The more specialized the website, the more skewed that estimated data could be.

That said, the following data from Webalizer, which is server based data, becomes useful and meaningful.

Note that server based Webalizer reflects that MHProNews has more than double the page views vs. what Alexa estimated. This makes the points of server-based weblog generated data vs. estimates from a service, like Alexa.

 

The Alexa estimates reflects that MHProNews is well ahead of MHI in engagement.

MHI data, if they have given Alexa and/or others with the proper server access, may be accurate. But as noted above, the data from MHProNews is at best a third party estimate.  Server based data from Webalizer is thus going to be more accurate.

2018-05-03_1705WebalizerManufacturedHousingIndustryDailyBusinessNewsMHProNews

Webtech – Under the Hood

Getting a bit more technical.  MHProNews is a frankly complex site in terms of it’s structure. That goes back to the web developer, almost a decade ago and long gone, who designed the site for MHMarketingSalesManagement.com a.k.a. MHProNews. We’re not faulting anyone, just stating facts.  For example, there are a number of c-Panels, and numerous URLs, which have their own unique traffic counts.

While weblogs are generated automatically, gathering the data from individual c-Panels is a manual process.

So the data above from Webalizer represents only one c-Panel data source, not all of them. We don’t have time to gather all that data together for this article, but its important to note that the last time we did so, the final graphic was absolutely accurate, per third-party Webalizer data.  Webalizer tells us traffic is higher today than a year ago, so interpolating the data means that graphic is now an understatement of actual totals.

Mail Chimp

MailChimpManufacturedHousingIndustryDailyBusinessNewsMHProNews

The Bottom Line

MHInsider ™, the Manufactured Housing Institute, George Allen’s Community-Investor blog, ManufacturedHousingReview (MHR), AHA, et al do not reveal their news blog traffic data.

When MHI last published their data, MHProNews was over 500 percent higher than their self-reported traffic. While their website is ‘prettier’ today now then then, their low page per view and high bounce rate don’t suggest a reason to think that the spread between MHProNews and MHI are significantly different. We’ve grown, they may have too, but the spread is likely the same.

Alexa’s report of MHI’s high bounce rate, and low pages per visit speaks volumes.

Based upon known data, and visual evidence like what is shown below, all the evidence points to MHProNews being the runaway number one news source in the manufactured housing industry.

It’s interesting to note that Alexa’s estimate, and Webalizer both reflect that traffic on MHProNews is rising.

MHProNews56342Magazines32PagesEach2MillionPageViewsMastheadMHProNews

This graphic is about a year or so old, and was a composite of the various c-Panels at that time. Based upon Alexa’s estimate, and Webilizer’s data from only 1 cPanel – not all of them on MHProNews – the totals above are likely too low.

The bottom line is that the evidence strongly suggests that MHProNews is still the runaway #1 trade source in the manufactured home industry, and has been for several years. Our internal data shows traffic and our email list are both up from the same time, a year ago.

The data does matter, and the facts point to industry professionals and investors relying upon MHProNews for the most complete, independent, and trusted news.  ## (News, analysis, and commentary.)

(Third party images, and cites are provided under fair use guidelines.)

ConfidentialNewsTipsOKTipsIreportMHNews@MHMSM-comGraphic

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.

1) To sign up in seconds for our MH Industry leading emailed news updates, click here.EmailedMHProNewsHeadlineNewsDailyBusinessNews

2) To provide 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 Resources

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-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.

Intelligence Report – MHI Producer Spotlights “the Plan” for MHCs, Community REITs

March 29th, 2018 Comments off

IntelligenceReportMHIProducerSpotlightsThePlanForMHCsCommunityREITsDailyBusinessNewsMHPronewsSunCommunitiesSUILogo

A senior management team member for a HUD Code manufactured housing (MH) production company told the Daily Business News about the emerging plan for MH Communities, according to a REIT moving towards capacity.

 

As MHProNews has reported, a third or more of new manufactured home shipments are going into land-lease communities. 

While new homes are being purchased by communities of all sizes, large numbers are being ordered by “portfolio operations,” including Real Estate Investment Trusts (REITs), such as Sun Communities (SUI), Equity LifeStyle Properties (ELS), and UMH Properties (UMH).

 

As an Manufactured Housing Institute (MHI) member company president told the Daily Business News, if new home shipments going into land lease community are factored out, then new home production is essentially flat. In some states, shipments of new homes are still declining since the official bottom for the industry was hit in 2009. 

 

ManufacturedHomeShipmentTrendsPercentageNewHomeStartsSkylineChampionPowerPointMastheadBlogDailyBusinessNewsMHProNews

SunCommunitiesSUI-InvestorPage11ManufacturedHomeVsSingleFamilyHousingManufacturedHomeCommunitiesIndustryDailyBusinessNewsMHProNews600

Given the comparison in price and value, it is difficult to for many third parties and industry professionals to imagine how manufactured housing (MH) can be hovering at around 9 percent of single family housing starts.  That’s far below MH’s historic norms (see shipment chart above). Some point to the affordable housing crisis, the quality of today’s manufactured homes, and ask a question similar to what the Urban Institute (UI) did in January, even though they may come to a different conclusion than UI did.

 

While Manufactured Housing Overall Rises, Some Slip Sliding Away

Another MHI member producer’s president and vice president both said that based upon current trends, they expect a three to five year window, before MH Communities fill their vacancies of existing home sites. 

Against that backdrop, a new MHI production source tells MHProNews about his insights learned from the plans that Sun Communities (SUI) and another major portfolio operation.

Sun, a titan in the MH Communities sector, are planning beyond their current vacancies. They, per our source, are looking beyond vacant lots, and planning on replacing older homes on occupied but dated home sites. Some of those sites are odds sizes by today’s standards, he explained, which may require special models of homes designed to fit certain lots.

If that replacement of aging inventory becomes a trend, as rental units did after Dodd-Frank, such a replacement process may continue the orders coming from giant land lease operations.

That means the production cliff some are concerned about could be extended beyond the thousands of now vacant home sites in MHCs.

That may sound like good news for HUD Code home producers.  But those replacement plans are not likely to be as busy as the current infill in the dwindling numbers of vacancies in MHCs, coming primarily from homes being offered as rental units. 

The fact that so many homes are being sold as rentals instead of sales to home buyers as was the historic norm is in itself a troubling trend, per producers. 

 

The Take Aways

All of the above implies a coming new home shipment cliff in manufactured housing, unless some new trend or development takes place. 

While the industry’s members are in several cases understandably celebrating modestly rising new home shipment levels, the underlying realities are not as rosy.

2017-12-ehs-ExistingHomeSaleshousingNationalAssocRealtorsNAR-snapshot-infographic-01-24-2018DailyBuisnessNewsMHProNews600

When 92,900 new HUD Code manufactured homes are divided by the 5.57 million units of new existing housing sales, you get 0.01667863554. That means that only new manufactured home sales is equal to only 1.67 percent of the sale of existing conventional homes. With 8.3 million new housing units needed in the U.S., what explains the relatively low levels of manufactured home sales?

Given the nature of their business, MH production companies have to be aware of such trends.

As another HUD Code MH producer – an MHI member and careful reader of MHProNews – has said, MHI’s official policies, plans and positions “have made no sense” for “several years.”  

All of the reports noted herein are from MHI only member companies, not from members of the Manufactured Housing Association for Regulatory Reform (MHARR).

Given the affordable housing crisis, and MHI’s indirect admission of their failed industry promotion and marketing plans, industry professionals and public officials alike ought to take notice.

Some producers told MHProNews that they are “open” to being acquired by larger companies.

So the data like the above ought to be of concern to independents, including MH retailers and other industry operations who want to remain independent.

Among independent factory home builders, even those planning to sell at some foreseeable point, should realize that Warren Buffett and another larger player are both known for trying to buy “cheap” rather than at full value.  If historic normal shipment levels existed today, it would translate as more value for those firms who are thinking about selling.

The latest report by the Manufactured Housing Association for Regulatory Reform (MHARR) lays out step-by-step examples of how MHI was on the wrong side of issues that both associations were engaged with. In case after case, MHI had to pivot toward MHARR’s original and steady stance. How can that be so consistently true?

In all of this, per sources, MHI is being revealed as de facto working mainly for the interests of major consolidators, while posturing “activities” that in fact has proven time and again to largely be fruitless. A look at the dues structure of MHI, and who three of the four MHI Executive Committee seats are held by paints a picture.

The Daily Business News review of the MHARR report is linked here. The full length version without commentary of MHARR’s report is linked here. “We Provide, You Decide.” ©. (News, analysis, and commentary.)

Related Reports:

“Razzle Dazzle,” Says Former Manufactured Housing Institute Member

“Winners and Losers,” L2 Founder, Prof Scott Galloway on Monopolies

(Third party images, cites are provided under fair use guidelines.)

Sign Up Today!EmailedMHProNewsHeadlineNewsDailyBusinessNews

Click here to sign up in 5 seconds for the manufactured home industry’s leading – and still growing – emailed headline news updates. You’ll see in the first issue or two why big, medium and ‘mom-and-pop’ professionals are reading these headline news items by the thousands. These are typically delivered twice weekly to your in box.

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-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.

 

Sun Communities Annual Data and Manufactured Housing Industry Investor Presentation Highlights

March 17th, 2018 Comments off

SunCommunitiesAnnualReportDataDailyBusinessNewsMHProNews

Annual reports and investor presentations that involve manufactured housing companies can range from the black-and-white financial data and text, to robust, highly illustrated reports.

 

Sun Communities (SUI) falls into the later range.

SunCommunitiesSUI-InvestorPage11ManufacturedHomeVsSingleFamilyHousingManufacturedHomeCommunitiesIndustryDailyBusinessNewsMHProNews600

SunCommunitiesSUI-InvestorPageComparetoMultiFamilyHousing10ManufacturedHomeCommunitiesIndustryDailyBusinessNewsMHProNews600

While tens of millions of Americans misunderstand manufactured housing, sadly, thousands of manufactured home professionals have an incomplete understanding of their own industry.

ManufacturedHousingOutPerformsMultiFamilyHousingRecessionResistantSunCommunitiesSUI-InvestorPage19ManufacturedHomeDailyBusinessNewsMHProNews2017OperatingFinancialsSunCommunitiesSUI-InvestorPage4ManufacturedHomeCommunitiesIndustryDailyBusinessNewsMHProNews600

Investor presentations like this by Sun one ought to be required reading for everyone in manufactured home sales, regardless of the company they work for, why?

2018OperatingFinancialGuidanceSunCommunitiesSUI-InvestorPage5ManufacturedHomeCommunitiesIndustryDailyBusinessNewsMHProNews

ExpansionOpertunitiesSunCommunitiesSUI-InvestorPage12ManufacturedHomeCommunitiesIndustryDailyBusinessNewsMHProNews600

Because they are often reminders of the appeal and some key facts that ought to make manufactured homes ever-more appealing to the public, officials, and to investors.

SunCommunitiesSUI-InvestorPage3ManufacturedHomeCommunitiesIndustryDailyBusinessNewsMHProNews600SunCommunitiesSUI-RevenueDriversInvestorPage7ManufacturedHomeCommunitiesIndustryDailyBusinessNewsMHProNews600

Sun (SUI) is one of the companies that companies tracked by the Daily Business News market report, with last night’s closing numbers, are linked here.

PoweringGrowthSunCommunitiesSUI-InvestorPage6ManufacturedHomeCommunitiesIndustryDailyBusinessNewsMHProNewsExpansionOpertunitiesRentalProgramSunCommunitiesSUI-InvestorPage13ManufacturedHomeCommunitiesIndustryDailyBusinessNewsMHProNews

The entire Sun investor presentation is linked here as a download.

DeerwoodCaseStudyOrlandoFLStrategicAquisitionsSunCommunitiesSUI-InvestorPage15ManufacturedHomeCommunitiesIndustryDailyBusinessNewsMHProNews600StrategicAquisitionsSunCommunitiesSUI-InvestorPage14ManufacturedHomeCommunitiesIndustryDailyBusinessNewsMHProNews600

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

Note: MHProNews holds no financial position in this company, nor others covered in our market reports.

(Third party images, and cites are provided under fair use guidelines.)

Notice: for professional business development services, click here.

EmailedMHProNewsHeadlineNewsDailyBusinessNews

Sign Up Today!

Click here to sign up in 5 seconds for the manufactured home industry’s leading – and still growing – emailed headline news updates. You’ll see in the first issue or two why big, medium and ‘mom-and-pop’ professionals are reading these headline news items by the thousands. These are typically delivered twice weekly to your in box.

SoheylaKovachManufacturedHomeLivingNewsManufacturedHousingIndustryDailyBusinessNewsMHProNews-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.

 

ConfidentialNewsTipsOKTipsIreportMHNews@MHMSM-comGraphic

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.

New Player Enters Manufactured Home, Communites, RV Game

May 5th, 2017 Comments off
newplayersentermhcrvspacecreditApartments-postedtothedailybusinessnewsmhpronewsmhlivingnews

The De Rancho Y Mobile Villa Community. Credit: Apartments.

Gelt Inc., a Tarzana, California based real estate investment firm, has announced the formation of a new subsidiary to purchase and manage manufactured home and RV communities.

According to the San Fernando Valley Business Journal, the new company, called Happy Home Communities, will buy and manage various communities in a sector they feel is primed for growth.

This sector that is under the radar, stable and offers people a low-cost alternative to apartments and homes,” said Gelt partner and co-founder Keith Wasserman and Chief Operations Officer Jeff Harris.

Wasserman and Harris also announced the hiring of Ellie Davis to buy and manage operations of the properties for Happy Home and cultivate broker, lender and resident relationships.

Davis has extensive expertise in the manufactured home sector, managing more than 4,000 home sites and 11 resorts, and was most recently regional VP for Sun Communities in Southfield, Michigan.

Also announced was Happy Home Communities first purchase, De Rancho Y Mobile Villa manufactured home community in nearby Bakersfield.

De Rancho Y already boasts a strong occupancy of 97 percent and a stabilized cashflow yield, but we see continued upside through the renovation of common areas and amenities,” said Davis.

We plan to renovate the playground, sport court, and add an open gazebo/barbeque area or dog park. Other planned improvements include asphalt repairs, pool area renovations and the potential addition of mobile homes [sic] into current vacant spaces.”

newplayerenterdmhcrvmarketcreditGoogle-postedtothedailybusinessnwwsmhpronewsmhlivingnews

Tarzana, shaded in red. Credit: Google.

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

Imagine engineered homes, that meet or exceed strict federal safety, energy and performance standards, built to the nation’s only preemptive code for permanent homes,” said Daily Business News Publisher L.A. “Tony” Kovach.

latonykovachcreditsmhvillagemhpronews-manufacturedhousingindustrynews-mhpronews

L A ‘Tony’ Kovach, credit, MHVillage.

By using the same proven systems that keep costs down on cars, smartphones, clothing or other produced products, you save on labor, time, have about 30% less waste, can buy in bulk and thus save money.”

And the U.S. Census Bureau and Government Accountability Office state our homes are about half the cost of conventional construction,” he added.

For more on companies entering the manufactured housing industry, including Jacksonville, Florida-based Park Place Communities via Crowdfunding, 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.