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Posts Tagged ‘Vanderbilt Mortgage and Finance’

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

July 10th, 2018 No comments

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 No comments

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.

 

Record Employment, Rising Popularity, Plus Manufactured Housing Industry Connected Stocks, Evening Market Report

July 6th, 2018 No comments

CNNmoney7.6.2018ManufacturedHomeStocksMarketsReportsMHProNewsA new Reuters Ipsos poll tells the Daily Business News that the top two issues for most voters in the approaching midterms will be employment and immigration. Even as the long-awaited tariffs between the U.S. and China both kicked in today, a series of positive jobs data sparked a rise in the markets.  These will be part of our evening ‘what’s driving the market’ snapshot.

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.

MediaBiasChartSharylAttkissonLeftRightPostedDailyBusinessNewsMHProNews

Full Measure’s Sharyl Attiksson’s media bias chart is useful in sorting out the agendas behind various headlines and news sources. http://www.mhpronews.com/blogs/daily-business-news/no-fire-just-smoke-and-democratic-clinton-supporter-says-enough/

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:

  • Driving the Subaru 360, one of the worst cars ever sold in America
  • Adidas’ vision for the future: Personalization, fast
  • ‘Ant-Man and the Wasp’ caps off Marvel’s blockbuster year
  • Sonos warns about trade war as it prepares to go public
  • Another strong jobs report. Here’s why unemployment jumped
  • Winklevoss twins’ cryptocurrency firm hires NYSE executive
  • Samsung’s run of record profits fizzles out
  • Can Chinese smartphone giant Xiaomi survive a trade war?
  • Having more control over your data doesn’t mean it’s safe
  • Airbus CEO: The UK has ‘no clue’ on Brexit
  • Brexit nightmare is coming true for business
  • Boeing and Brazil’s Embraer form $4.75 billion commercial jet venture
  • MoviePass rolls out surge pricing
  • Trump calls journalists ‘bad people’ at rally a week after newsroom shooting
  • Even the gig economy has a wage gap
  • The wage gap starts earlier than you might think
  • Global employment is rising. Salaries not so much
  • China’s ZTE names new CEO as it races to meet US demands
  • Air India now flies to ‘Chinese Taipei,’ not Taiwan
  • Singapore says Uber may have to unwind merger with rival
  • Is this the future of home renovation?
  • Amazon could radically change how you get prescriptions

Selected headlines and bullets from Fox Business:

  • Why higher unemployment signals a strengthening economy
  • June jobs growth jumps with 213K jobs added
  • US stock market gaining, despite US-China trade war
  • Jobs report could signal a ‘stampede’ back into the workforce
  • Hilsenrath on jobs: It’s a good report, economy is on solid footing
  • ‘Ghosting’ – what it is, what it means for US economy
  • Tariffs on Chinese goods now in effect
  • Why didn’t many retirees see a Social Security increase?
  • IRS may deny 362,000 Americans passports for unpaid taxes
  • Texas gas stations to pay back customers for Hurricane Harvey price-gouging
  • Musk sends engineers to help Thai boys trapped in cave
  • Sonos files for IPO
  • Micron vs. China: A battle hitting America’s heartland
  • Biogen shares surge on positive results of Alzheimer’s drug test
  • Ford, GM assess China tariff impact on prices
  • Why AT&T could become the next online advertising giant
  • Stocks that moved substantially or traded heavily Friday: Biogen Inc., up $58.67 to $357.48

 

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

9MarketIndicatorsYahooFinance7.6.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue7.6.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 –

The Drudge Report mined the following headlines today.

James Carville’s famous line, “it’s the economy, stupid.” is the counterpoint to his equally infamous, and prejudicial “trailer park” line.  It’s a classic example of the necessity for discernment, for sifting the wheat from the chaff that MHProNews believes is essential for understanding the industry’s realities today.

Wheat, Chaff, and the Monday Morning Manufactured Housing Sales, Marketing Meeting

Publicly traded manufactured home producers routinely point in their quarterly and/or annual reports how rising employment and rising pay are good for new home sales.  Duh, of course, right?

JuneJobsReportCNBCWHeretheJobsAreOneGraphic

The jobs growth are in areas that President Obama in his waning days before the 2016 election said would not be coming back. One of the drivers for the Trump team is to prove that their policies are good for the people, business and the nation at large.

The latest Reuters Ipsos poll could, of course, shift between now and the midterms. But the two hot topics, according to other polls, tell us these are issues that should play well for President Donald J. Trump and his party’s partisans.

ReutersIpsosPollManufacturedHousingIndustryDailyBusinessNewsMHProNews

For those who watch a Trump rally with an open mind, it has a similar feel to the ones in 2016, with one key difference.  Then, those rallies were about promises being made.  Now, they are about the results of promises being kept.

RecordEmploymentRisingPopularityPlusManufacturedHousingIndustryConnectedstocksEveningMarketReport

Workers and most businesses alike have reason to smile.  The anti-Trump resistance isn’t giving up.  It will be an interesting, perhaps historic ride to the midterms.

 

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).

7.6.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

Tricon closed its sale of manufactured home communities, so TCN is now de-listed from our manufactured housing industry connected equities.

Sale of $172 Million Manufactured Home Community Portfolio Completed

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.

On Eve of Tariffs, China Has World’s Worst Market, Plus MH Market Updates

July 5th, 2018 No comments

CNNmoney7.5.2018ManufacturedHomeStocksMarketsReportsMHProNewsOn the eve of the implementation of tariffs on China by the Trump Administration, “trade war” leery investors apparently realized that the tech sector will benefit. The Dow rose by over 180.  The headline, will be our market focus tonight.

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:

  • MoviePass introduces surge pricing
  • The new Fox will be a sports and entertainment hub
  • Boeing and Brazil’s Embraer form $4.75 billion commercial jet venture
  • China’s ZTE names new CEO as it races to meet US demands
  • Why Air India isn’t flying to Taiwan anymore
  • Brexit nightmare is coming true for business. It needs a plan NOW
  • The wage gap starts earlier than you might think
  • Having more control over your data doesn’t mean it’s safe
  • Singapore says Uber may have to unwind merger with rival
  • Jaguar Land Rover: Brexit threatens our plan to spend $100 billion in the UK
  • Ed Schultz, veteran broadcaster and former MSNBC host, dies at 64
  • Is this the future of home renovation?
  • These gadgets could transform the lives of visually impaired people
  • Malaysia halts a big China-backed infrastructure project
  • WhatsApp fights hoax messages in India after rumors lead to killings
  • 22 Brexit questions no one can answer
  • US gives China’s ZTE some breathing room
  • MoviePass is running out of money
  • Mall vacancies hit six-year high
  • Global employment is rising. Salaries not so much
  • Analysis: Separating facts and Trump’s fictions
  • Capital Gazette staffers lead July 4 parade while publisher plans next steps
  • She started a newspaper that helps Ohio’s inmates rebuild their lives
  • Despite lessons from the past, US cities are optimistic for the 2026 World Cup
  • What’s killing Big American Beer?
  • A guide to making friends at work

Selected headlines and bullets from Fox Business:

  • Stocks rise following latest economic data
  • Aramco massive IPO now appears highly unlikely: report
  • Oil slides following US inventory update
  • Higher state taxes, not OPEC, boosting gas prices?
  • June jobs report preview: What could spook the markets?
  • Nathan’s Hot Dog Eating Contest mulls tech overhaul after scoring mistakes
  • Chick-Fil-A ranked top fast-food restaurant in customer satisfaction
  • Soccer star Ronaldo in talks for Facebook reality series: report
  • Germany willing to cut tariffs on US cars, lifting automakers’ shares
  • Micron vs. China: A battle hitting America’s heartland
  • Netflix testing higher-priced ‘Ultra’ subscription plan: report
  • Why AT&T could become the next online advertising giant
  • Regular coffee intake can increase longevity: Dr. Siegel
  • Businesses hit pause on spending amid trade uncertainty: Fed minutes
  • Who is EPA’s Andrew Wheeler?
  • Manufacturing’s future is where the jobs are: Johnson Controls CEO
  • Former Fox News executive Bill Shine joins White House in senior communications role
  • Abolishing ICE? Here’s the price tag

 

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

 

 9MarketIndicatorsYahooFinance7.5.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue7.5.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 –

CNBC reported that the weakest global stock market at present is China’s. The tariffs and trade skirmish with the Trump Administration is taking its toll. So while the talk is tough on both sides, there are a growing number of market watchers who believe that the Trump Administration is on the right path.

CNBC reported that the weakest global stock market at present is China’s. The tariffs and trade skirmish with the Trump Administration is taking its toll. So while the talk is tough on both sides, there are a growing number of market watchers who believe that the Trump Administration is on the right path.

Perhaps related, 1/3 of China’s millionaires want to move, per a new survey in that nation. Their top place they’d like to move with their money? The U.S. 

The video from Fox Business below focuses on trade, but it makes another point that those who may not yet understand the tax cuts can perhaps appreciate. People are leaving high tax New Jersey for no income tax Florida. That’s what was happening internationally for years. 

High U.S. taxes were driving businesses overseas. 

HowTariffsWorkMarketBusinessNewsDailyBusinessNewsMHProNews

The Trump Administration has reversed that course. The result?  Hundreds of billions came pouring back into the U.S. during the first quarter. The U.S. currently has the strongest stock market in the world, per various reports. In turn, those dollars are being invested in U.S. businesses, including those in the factory built housing sector.  

See the related report, linked below.

Billion Dollar Startup Modular Builder, Using Robotics, Could Soon Rival Clayton Homes’ Total Sales

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).

7.5.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.

 

“Why Advocates Need to Rethink Manufactured Home Quality,” Harvard, GSE, Genz, “High Satisfaction”

July 5th, 2018 No comments

RichardGenzWhyAdvocatesNeedRethinkManufacturedHomeQualityHarvardGSEHighSatisfactionDailyBusinessNewsMHProNews

There are those who slam manufactured housing as being less expensive due to inferior quality. But a “Harvard study refutes that, labeling as “exaggerated” the “concerns about the difference between manufactured homes…and [homes] built to applicable local building codes” (Vermeer and Louie 1995, section IV, 2). The study found that code standards have little to do with manufactured housing’s price advantage.”

 

So wrote Richard Genz in a 22 page research report on manufactured homes for a foundation for a Government Sponsored Enterprise (GSE).

The document also stated that:

Housing advocates might find it surprising to walk through a couple of new homes at a dealer’s lot, keeping the monthly payment in mind and mentally comparing the local rental stock available for the same price. Interiors have good light. Insulation standards are solid. Floor plans have come a long way from the time when residents said that living in a mobile home was like living in a hallway.”

RichardGenzManufacturedHousingIndustryDailyBusinessNewsMHproNewsWhy take a flashback look now at the 2001 report by Richard Genz for Housing & Community Insight?

Because the report was done for the Fannie Mae Foundation.

It cited sources such as Harvard, Foremost Insurance – plus other third-party, often peer-reviewed – researchers.

While some of the data points have shifted since Genz penned them, it has generally been improvements in the manufactured home product quality, as the Manufactured Housing Improvement Act of 2000 standards have fully kicked in since Genz published his insightful work.

It’s equally valid to review this now, given the arguable short-shrift Fannie Mae has been giving to the legally mandated Duty to Serve (DTS) implementation. Compare what Genz said then, vs. what Sarah Edelman recently wrote. That linked report below, which includes Edelman’s article for Fannie Mae, can be read later for greater depth of understanding.

“Take the MH Advantage Challenge – Can You Tell the Difference?” Fisk of Sarah Edelman, Director of Duty to Serve, Single-Family Mortgage Business for Fannie Mae

Further, because the HUD Code and new home standards keep improving, what was true when Genz said it back then, is arguably as or more accurate now.

NewDurhamEstatesSouthManufacturedHomeLivingNewsDailyBusinessNewsMHProNEws

That said, the analysis that follows notes that while Genz often praised manufactured homes, he did not turn a blind eye to problems then existing in the industry. That too will be reviewed herein, because manufactured housing cleaned up key issues that Genz identified.

So, while the total numbers of residents and manufactured homes has grown since his report, and pricing has obviously changed, the percentage of savings remains the same. Then and now, the United States Census Bureau has noted consistently similar levels of statistical savings for decades.

SunCommunitiesSUI-InvestorPage11ManufacturedHomeVsSingleFamilyHousingManufacturedHomeCommunitiesIndustryDailyBusinessNewsMHProNews600

Graphic, data, per Sun Communities (SUI).

Thus for a variety of reasons, Genz’s 22 page document merit the careful consideration of the manufactured home industry’s:

  • professionals,
  • advocates,
  • public policy pros,
  • politicos,
  • and investors careful consideration.
SunCommunitiesSUI-InvestorPageComparetoMultiFamilyHousing10ManufacturedHomeCommunitiesIndustryDailyBusinessNewsMHProNews600

Graphic, data, per publicly-traded Sun Communities (SUI).  Note that Sun’s rental rates may be higher than some others in the industry..

With that introduction, the Daily Business News will review and analyze key highlights of what Genz unearthed.

It’s a potentially multiple billions of dollars worth of housing insights. Thus it’s a potentially rewarding, and highly insightful, reading experience.  As you read this analysis of Genz, keep the points previously shared in the report below in mind, which can be read or reviewed later for related insights.

YIMBY vs. NIMBY, Obama Admin Concept Could Unlock $1.95 Trillion Annually, HUD & MH Impact

 

Stigma and Manufactured Homes

Genz goes after the stigma attached to manufactured homes and their owners early, and often.

Here’s an example.

There is a palpable stigma attached to manufactured homes, dating back to when workers towing trailers moved from city to city, chasing jobs and crowding into muddy, unsanitary trailer parks… However, these serious shortcomings [in public policies, perceptions] are not inherent in the factory-built home itself. Rather, they are the product of laws, policy choices, and business practices that are selling millions of people short.”

Genz notes that while values weren’t the same, he explains that it was because of reasons not connected with the homes themselves.

That’s arguably a valid point then, and now.

The Fannie Mae Foundation researcher also noted that the net worth of manufactured home owners was dramatically higher – even then – than the $5,000 renting households average worth now have, per data cited repeatedly by HUD Secretary Ben Carson last year.

Median net worth is $59,000 for owners of manufactured homes, compared with $102,000 for all homeowners.”

Rephrasing that as a takeaway.  Those who own a manufactured home enjoy a significant improvement in their collective standard of living.  That’s a point that advocates like ROC USA, Prosperity Now (formerly known as CFED), or this trade publisher have often made.

Genz notes another point that MHLivingNews and MHProNews has hammered home repeatedly. It’s this.

One of the industry’s strong points is its appeal to distinctly different market segments. Owners tend to be either very young or elderly (Vermeer and Louie 1995). Although most buyers have low incomes, one segment of the market is quite well off: About 10 percent of manufactured home residents report a net worth of more than $250,000, and another 19 percent are worth more than $100,000 (Foremost Insurance Group 1999).”

Genz added to that point above, “Many of the owners with high net worth live in well- planned subdivision-style communities with recreation centers, pools, and even golf courses. These high-end communities demonstrate the potential of factory-built homes, but also represent a continuing shift away from the industry’s original focus on serving the affordable housing market.”

 

tristar-estates-bourbonnais-il-CreditMHC-MD-com, posted MHPorNews.com.

Arial photo credit, TriStar Estate, credit MHC-MD.com. Note that all of the illustrations shown were provided by MHProNews, not the original document written by Genz.

Stated differently, he makes sure that his readers know that manufactured homes are not just housing for the poor, or those who have no other options.

It’s a key factoid that some in the industry’s association world need to take notice of, and perhaps now will begin to do so?

Despite wide-spread perceptions of low quality and short life, Consumer Reports says that “manufactured housing can last as long as site-built housing,” (“Manufactured Housing ” 1998, 30).”

Readers should keep in mind that the improvements mandated by the industry-sought Manufactured Housing Improvement Act of 2000 (MHIA). So whatever concerns were noted then about installation have since been dealt with.

Industry professionals, policy wonks, officials, and advocates should note that it was the Manufactured Housing Association for Regulatory Reform (MHARR) that led-the-charge for the MHIA 2000. They did so by aligning the Texas Manufactured Housing Association’s leadership, and then finally found a change in leadership at the Manufactured Housing Institute (MHI) they could work with. That permitted the three to then advance the MHIA through Congress, per our sources.

That segue noted, the review of Genz’s fertile work continues.

Fresh, new, private living space; easy shopping and financing; adequate quality; and homeownership now add up to a powerful appeal, and with a little reflection, it becomes easier to see why manufactured homes have been chosen by an average of 29 percent of new home buyers every year since 1980 (Manufactured Housing Institute 2001).”

MostMenAppearnNeverConsideredWhatHouseIsNeedlesslyPoorAllTheirLivesHenryDavidThoreauManufacturedHomeLivingNews

For newcomers to this website, or otherwise not familiar with modern manufactured homes, you can learn more by clicking the image above or the link here.

That was debatably the Manufactured Housing Institute (MHI) that was, prior to the power being exercised over the Arlington, VA based trade group by Berkshire Hathaway acquired Clayton Homes in 2003. Their related lenders were acquired too, as were several other industry connected suppliers and other firms since.

Instead of MHI’s allegedly weaponized ‘research’ and maneuvers to promote a controversial, “new class of homes,” and the like – why hasn’t MHI provided encouragement for more such independent study as Genz did?

Or why does MHI fail to publicly mine such useful research today?

Those questions noted, continuing with the Genz’s analysis, there are far more gems to discover.  They are potentially as useful now as then.

 

Not Enough Advocacy, Said Genz

RichardGenzHousingCommunityInsightLinkedInSydexManufacturedHousingIndustryDailyBusinessNewsMHProNews

Richard Genz.

Some consumer advocacy is taking place, but not much in view of the scale of the manufactured housing sector. Government, nonprofit, and philanthropic involvement is strikingly less than in the world of “real homes.”

When one ponders the foot-dragging by the GSEs, apparently brooked by the FHFA, this quote is also noteworthy: “…a majority of buyers have held the same job for 5 to 10 years, a Freddie Mac economist notes that “except for lower incomes, the profile of manufactured home buyers seeking financing does not appear to differ greatly from site-built loan borrowers” (Bradley 1997, 4).

Note that in a systematic fashion, Genz cited his third-party, often peer-reviewed sources. Again, as the Daily Business News analysis above noted, much of what has changed since 2001 have been equally well documented improvements.

So the case made by Genz is still useful.  It is also historic.

Genz provides an independent yardstick to see what the industry’s ‘leaders’ have or have not done.

 

Identifying Valid Concerns

For those who never knew or witnessed sellers loading up customers with years of insurance or credit life, etc. the next quote will be a dose of reality.

For those pros who will recall, it’s a blast-from-the-past that explains some of the stiff losses by the subprime lenders of that era. “[manufactured housing] retailers can and frequently do earn commissions, rebates, or other payments on loan originations, credit life insurance, property insurance, and other services arranged for at the time the loan is closed” (HUD and NAHB 2000, 41).”

That was then, not now. Thus the report by Genz isn’t all glowing, as he takes on some industry practices in lending, some that apparently had a level of MHI support.

Rephrased, this researcher for Fannie didn’t mind questioning MHI.

By contrast today, Fannie and MHI seem to be “playing footsie,” according to several sources in MHI.

Among the examples that have been cited by those sources, MHARR and others, is that Fannie is now a MHI member. Furthermore, Fannie and MHI have reportedly held closed door meetings, without producing for the public those meeting minutes.

What’s there to hide?

Fannie Mae Touts MH Advantage Program, But Manufactured Housing Association Slams Plan as “Illegitimate,” “Bait and Switch”

 

GSE Commitment Canceled?

As recently as last week, Sarah Edelman, Director of Duty to Serve, Single-Family Mortgage Business at Fannie Mae and others there respectfully declined to provide minutes or any explanation of such meetings with MHI, in inquiries by this publication to the federally regulated mortgage giant.

Note that a communications team member committed to MHProNews that Edelman would answer several questions on-the-record.

Those promised replies to several specific inquiries were later delayed. Finally, the same communications team member at Fannie said they were not going to answer the questions asked.

Why not?

So much for transparency at Fannie today?

It is also worth mentioning for later review that House Financial Services Committee Chairman Jeb Hensarling has told MHProNews via a statement that he has serious concerns about lobbying by the GSE.  If so, that’s important because it would be in contravention to federal law while they are in receivership under FHFA. That related report can be reviewed later, and is linked below.

Update on Fannie Mae Lobbying, and Manufactured Housing Controversy

 

How Many Pre-HUD Code Mobile Homes?

Back to the research by Genz, he stated then that nearly 3 million pre-HUD Code mobile homes were still in service.

According to Gentz, “As many as 3 million homes in the nation’s current manufactured housing inventory were built be- fore the implementation of the HUD building code in 1976, when some homes had a useful life as short as 10 years (Meeks 1995; Vermeer and Louie 1995). Many of these were built in the boom years of 1968 through 1973, when 2.7 million new homes were sold.”

TrailerHouseMobileHomeManufacturedHomeFactoryBuiltHousingEvolution101MHProNews-MHLivingNews

Make a habit of using the correct terminology.

Once more an aside is warranted. Because the data that Genz cited demonstrates that the Rollohome experience was not a one-off.

What occurred during the Rollohome era in terms of the rapid ramp up and production of more factory built housing pre-HUD Code could arguably be done today too.

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

Investors, public officials, advocates, and industry pros? Are you seeing how enormous the manufactured housing industry’s potential is? This is a theme that MHProNews and MHARR have said for years can be accomplished, because it has in fact already been previously proven to be doable.

Given the correct support, the 8.3 million housing unit shortages cited by Lawrence Yun at the National Association of Realtors (NAR) could rapidly be corrected. But if HUD Code producers don’t step up to the plate more seriously, other prefab builders cited at the end of this report have already said that they will.

Potentially tens to hundreds of billions of dollars in business annually is up for grabs.

Once more, it is almost inescapable how these facts point to what award-winning independent retailer Alan Amy said. Manufactured Housing could be the future, which is why he and others have said that the billionaires are gobbling up the industry’s assets.


Ouch, and another Ouch, but then…

Regarding gains or losses in value, “…Consumers Union reports that two-thirds of units depreciate. However, the converse is that one-third of manufactured homes have held their value or appreciated (“Manufactured Housing” 1998). Several other studies establish the simple fact that some manufactured homes increase in value, and some decline.

But Genz uses logic akin to what MHProNews has utilized, noting that “Research is needed to sort out the factors that cause values to go up or down. With better information, policies and practices that build wealth for owners of manufactured homes can be designed.

In fact, Genz has outlined several of the causes of a loss in value. He also suggested some of the keys to supporting value, like no more credit life or others previously noted.

Thus, the initial groundwork for more appreciation – which even the problematic Urban Institute report noted by the Daily Business News said is already underway – is now largely in place.

Rephrased, there are no valid reasons for the GSEs to slow-walk implementation of robust yet sustainable chattel and other manufactured home lending. There is no need for yet another apparent dodge, this time in the form of a MHI’s questionable “new class of homes.”

Secretive “NEW” Class of Manufactured Housing Raises Serious Concerns

So in retrospect, what Genz laid out was this.

marty-lavin-jd-manufacturedhomefinanceexpert-DailyBusinessNews-mhpronews

Marty Lavin, JD.

When insurance is loaded up on a contract at the time of sale, or prices may vary 5k-10k per identical homes in the same market, the natural outcome is those homes ‘lost’ value. That’s similar to concerns that MHI award winner Marty Lavin raised for years.

But it must also be noted that Lavin said in a video interview with MHProNews that the industry cleaned up that act.

So once more, the rationale for slow-walking the potentially robust GSE entry into manufactured housing is missing.

Quite the opposite exists. Genz gave a veritable road map of why and how manufactured housing lending could and should be done successfully in ways that are as sustainable, as Titus Dare exclusively encouraged in statements to MHProNews.

So those abuses Genz reported then were wrenched from the chattel lending system by the lenders who remained in the market during the post-Conseco/GreenTree meltdown.

Rephrased, as Lavin noted, the remaining marketplace lenders corrected the issues.

Said Genz, “The accurate answer to the question “Can manufactured homes appreciate?” seems to be “It depends.” Like the value of any home, the value of a manufactured home over time is contingent on many factors. Unfortunately, the perception that depreciation is somehow inherent in manufactured homes is widespread. It is at the root of disinterest about them among development bankers, advocates, planners, and nonprofit developers. These professionals are rightly concerned that housing should be a foundation for building wealth, but if advocates simply write off the preference of so many home buyers for lower-cost manufactured units, we passively contribute to a problem we should be helping to solve. Available data suggest that depreciation is not a mystery. It can be understood and, in many cases, reversed.”

What Genz did was argue that the industry could reverse much of its image and fortunes.

Make some common sense changes, and much could be done.

More than 8 out of 10 manufactured homes placed in 1998 were titled as personal property, or chattel (U.S. Bureau of the Census 1998).” That number is similar today.

Genz buys into the argument made by those who want to reclassify manufactured homes, forcing all to be real estate loans. That’s a non-starter for most lenders in the industry. It is an example of how the “wheat and chaff” approach must be used with any person, or any organization.

That said, he next makes another point similar to what Marty Lavin has made.

Discriminatory treatment of manufactured home residents flows from the unexamined matrix of law, finance, taxation, land use regulation, and custom within which manufactured housing exists.”

Lavin put it more bluntly, by calling the HUD Code “a discrimination code.”

But discrimination – past or present – could be a motivation in urging industry pros to act for change in the future.

That said, what exists today are policies that can include “…many tax systems automatically depreciate manufactured homes like vehicles, regardless of their actual market value. This practice worsens the budget drain.”

Genz demonstrates how a simple change of mind can yield positive change.

Recognizing the real character of manufactured housing contributes to the asset base of an entire community. For example, the tax assessor of Henderson County, NC, decided to begin taking manufactured homes seriously in the early 1990s. Once values were established, the assessor determined that the use of depreciation schedules had systematically undervalued this stock of residential property. The result was a $53 million increase in the tax rolls over two years,” Genz said.

Then he stated a point routinely made by MHLivingNews and MHProNews. How education by that North Carolina county and discipline in the proper use of terminology could yield positive changes measurable in dollars and cents.

They [local officials] repeatedly had to explain to concerned taxpayers that a “trailer” is something you haul around behind a vehicle and that their increased valuation was based on the actual market value of a home that happened to have been built in a factory.”

Today, there are numerous studies that demonstrate that manufactured homes can and do appreciate for the same reasons as conventional housing. But the way to accomplish that isn’t by creating a problematic, unnecessary, and controversial “new class of homes” promoted by MHI.

Rather, an important part of the industry’s potential progress is achieved by education of consumers on existing homes.

 

 

That education comes in part by speaking with those who know on camera.

Education also can obviously be accomplished in part by engaging the mainstream media.

Retiring MHI Ann Parman previously praised MHProNews publisher L. A. “Tony” Kovach for promoting that plan. But as numerous industry members – like Frank Rolfe, who previously blasted MHI for not properly engaging the media – know, MHI has allowed most slurs, miscues, and errors that slight manufactured housing to go unaddressed.

Rephrased, the facts and legitimate third-party research needed to successfully promote the manufactured home industry are available.

While the Arlington, VA based trade group has done problematic advertorials – which have at times cited ‘facts’ that other MHI ‘data’ contradicts – has posted a few lightly viewed items to YouTube, or social media, there’s been no discernible, systematic and robust effort by them to defend and/or promote the industry as needed.

MHI member MHVillage’s own data proves just how ineffective the efforts to date are.

2018-06-22_0521ConversionRatiosPerMHVillageLogoManufacturedHousingIndustryDailyBusinessNewsMHProNews600

Data per MHVillage, collage by MHProNews. 

So it is little wonder that a pair of state associations broke away from MHI, and have announced they are forming a new post-production association.

Rephrased, there is a growing body of evidence and numbers of industry voices that in various ways have alleged that MHI is debatably blowing it for the small to mid-sized operations that make numbers of that trade group’s members.

‘Tip of Iceberg’ – Rick Rand; Marty Lavin, Communities have ‘No Confidence’ in Manufactured Housing Institute, New National Trade Group Announced

As attorney Lavin succinctly put it in the report linked above, the big boys work for the interests of the rest of the industry only to the extent that it benefits the big boys.

 

Genz Makes the Case Concerned Industry Voices Have Advocated

Said the Fannie Mae Foundation’s researcher Genz. “Low- and moderate-income people should not be left to learn about asset-building and the meaning of homeownership from their tax assessor. The protests from mobile home dwellers confirm what our housing system has inculcated in them: that their housing is a depreciating asset, like a vehicle. How many buyers of conventional homes would trade a lower annual property tax bill for depreciating home value?


As a Deer Valley Homes sales manager James McGee, and their current president, Chet Murphree said, “It’s all about education.” as they and others praised the work done here and on MHProNews to educate.

Meanwhile, sources and evidence suggest that MHI, their surrogates and masters, have arguably sought to stymie the education necessary for the industry’s robust growth.

Why?

Warren Buffet has arguably given the correct answer. He likes a bargain.

Best Warren Buffett, Kevin Clayton, Clayton Homes, Berkshire Hathaway Annual Meeting, Competition, and “the Moat” Video Collection

By choking off other sources of lending, and limiting the capital flow into the industry, Buffet’s Berkshire Hathaway has gobbled up large chunks of the industry.

ClaytonHomesOakwoodHomesBerkshireHathawayMarketShareofManufacturedHousingEndof2003DailyBuisnessNewsMHanufacturedHousingIndustryProNews

MHI’s President Richard “Dick” Jennison, and others there or working for Berkshire Hathaway units have declined or ducked public discussion and debate on such vexing questions.

ClaytonHomesSkylineChampionCavcoIndustriesBalanceofIndustryManufacturedHousingIndustryConsolidationGraphicPieChartMHProNews

Graphic by MHProNews, using information provided by each corporation, or named entities.

Isn’t that a kind of tacit admission that these published concerns are valid?

When The Daily Business News has given repeated opportunities for MHI or Berkshire brands to respond publicly, why have they instead remained silent?

21stMortgageCorpLogoLetterheadJan302009TimWilliamsRetailersBrokersCutSpecifiedLendingMonopolisticPloyConcernManufacturedHomeDailyBusinessNewsMHProNews

This document was provided as a news tip to MHProNews. To see the related video with Kevin Clayton, click to read and view – Smoking Gun 3

Duty To Serve, “Complete Waste of Time” per Tim Williams, CEO/21st Mortgage; POTUS Trump, Warren Buffett Insight$

 

Genz’s Finale “Conclusion”

Clearing up misperceptions about manufactured housing and addressing the problems of buyers, owners, and renters should be the first priority for advocates. On a separate front, it should be possible to incorporate the cost advantages of manufactured homes into nonprofit housing developments (Wallis 1991). If stereotypes can be overcome, the nonprofit development community could eventually help reinvent manufactured homes as quality, wealth-building, affordable housing.

The report said that author “Richard Genz is Principal of Housing & Community Insight and a Project Manager with ICF Consulting, Inc.”

Genz’s report was written for the Fannie Mae Foundation.  The entire document is available as a download, linked here.

We Provide, You Decide.” © ## ## (News, event, and announcement.)

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

Related Reports:

Manufactured Home Owners – Satisfaction Survey Redux

Progressive “Nation” Reports on Monopolies Cites Buffett, Clayton, Others – MH Industry Impact?

 

Clayton Homes, Top 25 Manufactured Housing Industry Report, Trend Lines

 

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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.

U.S. Senator Ted Cruz – El Chapo Plan, Video Interview, Plus Manufactured Housing Market Update$

July 3rd, 2018 Comments off

CNNmoney7.3.2018ManufacturedHomeStocksMarketsReportsMHProNewsHaving published Senator Elizabeth Warren (D-MA) and others on the left a chance, it is time to do a video with a Texas GOP conservative, Senator Ted Cruz.  An interview with him will be our spotlight going into the 4th of July holiday today.

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:

  • Mall vacancies hit six-year high
  • The truth about the retail apocalypse
  • Delta Air Lines hit by rising fuel prices
  • Facebook buys an app for teens and shuts it down
  • Every US-made car is an import. That’s bad news for automakers
  • Facebook data scandal draws growing federal scrutiny
  • Facebook apologizes for bug that temporarily unblocked people
  • New Jersey poised to invest $5 million into local journalism
  • New York Times DC reporter who dated Senate intelligence staffer reassigned to New York
  • She started a newspaper that helps Ohio’s inmates rebuild their lives
  • A guide to making friends at work
  • Why women need mid-career mentors
  • The power of more than one woman on a board
  • ‘I think we just became a real car company’: Tesla finally hits Model 3 target
  • MoviePass is running out of money
  • Dell is ready to return to Wall Street
  • Lyft, like Uber, is moving beyond cars
  • Starbucks advisers say the company needs to do more to end racial bias
  • Rent the Runway CEO: Giving all employees the same benefits is the ‘right thing to do’
  • Roger Federer ditches Nike for Uniqlo
  • CNN’s Jim Acosta is undaunted by critics: ‘We have a job to do’
  • School security is a rapidly growing business
  • US box office has record quarter thanks to a string of summer hits
  • On the test track in Porsche’s most powerful plug-in hybrid
  • EU warns Trump’s car tariffs threaten $300 billion of US exports
  • Canada hits $13 billion of US goods with new tariffs
  • Tesco and Carrefour join forces to keep prices down
  • Growing pains across America’s biggest oilfield
  • What’s killing Big American Beer?
  • America’s favorite store that everyone forgets about
  • Why Pepsi made ‘Uncle Drew’ into a movie
  • Despite lessons from the past, US cities are optimistic for 2026 World Cup
  • The US-China trade war will spill into other Asian economies
  • Trump tariff would make the Toyota Camry $1,800 more expensive to build
  • GM warns tariff could force job cuts, raise cost of cars
  • Companies that want out of new steel tariffs describe a nightmare
  • Halftime report: Why the ride for global markets got so bumpy
  • China opens up more of its economy to foreign companies

Selected headlines and bullets from Fox Business:

  • California is bad for business, state needs 3-way split: Tim Draper
  • US stocks close lower, Dow off triple digits
  • July 4: Which markets are closed?
  • Top US automakers report higher auto sales in June
  • Truck driver shortage: Are 18-year-olds the solution?
  • A longstanding regulation limits the ability of younger Americans to haul freights across state lines.
  • Trump should nominate Mike Lee for the Supreme Court: Kennedy
  • Feeling patriotic? Here are 5 American-made products
  • US should throw China out of the WTO: Peter Morici
  • Trump courts rivals of Harley-Davidson after it says production moving
  • These tax changes go into effect in July
  • Amazon Prime Day now six hours longer
  • Toys ‘R’ Us adding to ghost malls nationwide
  • Nathan’s Hot Dog Eating Contest prize pool: What event winners earn
  • Kathy Ireland ventures into shipping container business
  • Fourth of July fireworks spending may hit a record
  • July 4th travel to hit all-time record, AAA predicts
  • Travel times are expected to double in some cities.
  • July 4 holiday travel forecast breaks record
  • Seadrill Ltd. Stock Isn’t Up 22,000% Today (It’s Actually Down): Here’s What You Need to Know
  • Why Shares of Acuity Brands, Inc. Popped 19% Today
  • Why Tesla, Facebook, and Micron Technology Slumped Today

 

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

9MarketIndicatorsYahooFinance7.3.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue7.3.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 –

Political junkies may recall that Senator Ted Cruz stopped short of endorsing Donald J. Trump at the Republican Convention in 2016.  Cruz took significant push-back from that, and today’s video will remind some of a still hesitant Texas Senator in promoting the 45th president.

NeverTrumpPoliticalCartoonDemDonkeyComplainsNeverTrumpElephantListensmanufacturedhousingindustrynewsmHPronews

In fact, there’s a moment where Cruz almost sounds like a never-Trumper, which is why we’re pairing up the political cartoon shown above.

ElChapoJoaquinGusmanMexicanDrugLordManufacturedHousingIndustryDailyBusinessNewsMHproNews

That said, Cruz talks about a his El Chapo plan, and a variety of other hot-button topics in this under 7 minute video. 

 

TedCruzPlusMHMarketUpdatesManufacturedHousingINdustryDailyBusinessNewsMHProNews

Happy Fourth of July to all.  ICYMI, you may want to check out a meaty topic on manufactured housing vs. subsidized housing, and the underlying issues for the industry, investors and America.

Affordable Housing, Subsidized Housing, Manufactured Homes, Private Property, and Proclaiming Liberty

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).

7.3.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.)

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

 

#WalkAway Goes Viral, Threatens Disruption, Plus Manufactured Housing Market Updates

July 2nd, 2018 Comments off

CNNmoney7.2.2018ManufacturedHomeStocksMarketsReportsMHProNewsIt’s the kind of report that you won’t find anywhere else in MHVille, but will be our Daily Business News focus report for reasons that the industry’s thinkers will rapidly grasp.  This evening, our focus is the viral hashtag, #WalkAway. We’ll take a look across the left-right media divide on this developing story.

 

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:

  • HTC to lay off 1,500 employees
  • EU warns Trump’s car tariffs threaten $300 billion of US exports
  • Roger Federer ditches Nike for Uniqlo
  • Tesla finally hits Elon Musk’s target for the Model 3
  • US box office has record quarter thanks to a string of summer hits
  • Brian Ross and longtime producer to leave ABC News months after Michael Flynn error
  • Canada hits $13 billion of US goods with new tariffs
  • Hedge fund billionaire slams Nestle’s ‘muddled’ strategy
  • School security is a rapidly growing business
  • Growing pains across America’s biggest oilfield
  • Draft proposal would allow Trump to ignore key WTO principles
  • On the test track in Porsche’s most powerful plug-in hybrid
  • The power of more than one woman on a board
  • Borrow like the big investors (with a lot less)
  • Despite lessons from the past, US cities are optimistic for 2026 World Cup
  • Trump asks Saudi Arabia to increase oil production
  • Japanese company snaps up Quartz from Atlantic Media
  • India’s shopkeepers take to streets to protest Walmart-Flipkart deal
  • ZTE shakes up management as part of deal with US
  • Tesco and Carrefour join forces to keep prices down
  • The US-China trade war will spill into other Asian economies
  • Trump tariff would make the Toyota Camry $1,800 more expensive to build
  • GM warns tariff could force job cuts, raise cost of cars
  • Companies that want out of new steel tariffs describe a nightmare
  • Halftime report: Why the ride for global markets got so bumpy
  • Two assignments for Capital Gazette journalists: healing and reporting
  • Lessons you can learn in business school that aren’t taught in class
  • China opens up more of its economy to foreign companies
  • Washington Post’s Marty Baron: People have taken the press for granted
  • BBC apologizes to underpaid editor. She gives her settlement cash to charity.
  • Are your credit card perks shrinking?
  • How can I simplify my retirement investments?
  • Australia picks BAE Systems for $26 billion warship deal
  • Sharp cancels $1.8 billion share sale over trade tensions
  • H&M needs to offload $4 billion in unsold clothes
  • Instagram Stories is now twice as popular as Snapchat
  • Hedge fund billionaire to Murdoch: Give Comcast a chance

Selected headlines and bullets from Fox Business:

  • Trump: WTO needs to change ways or US will do ‘something’
  • S. manufacturing surged in June
  • Stocks inch out gains as 3Q begins
  • You’re probably approaching your Social Security claiming decision all wrong
  • Being shortsighted could wind up costing you a lot of money.
  • These tax changes go into effect in July
  • Pizza to toilet paper: The items targeted by Canada’s tariffs
  • Trump, Kim Jong-un could meet again in NYC
  • LeBron James jersey sales booming after Lakers signing
  • Kathy Ireland ventures into shipping container business
  • Airline ratings: Here are the world’s best (and worst) carriers
  • The business that’s trying to stop the truck driver shortage
  • 160 Driving Academy is a school that offers truck-driving classes.
  • Trump refuses to back down from the China tariffs
  • You’re probably approaching your Social Security claiming decision all wrong
  • Trump: WTO needs to change ways or US will do ‘something’
  • 20 Investing Lessons From a 20-Year Motley Fool Member
  • Every Manager Should Want to Hire the Best — but Not Every Manager Does

 

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

9MarketIndicatorsYahooFinance7.2.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue7.2.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 –

 

Let’s begin our evening look across the left-right media divide on this developing story.

MediaBiasChartSharylAttkissonLeftRightPostedDailyBusinessNewsMHProNews

Full Measure’s Sharyl Attiksson’s media bias chart is useful in sorting out the agendas behind various headlines and news sources. 

#WalkAway, the hashtag, went viral this weekend, as something of a delayed reaction to a popular video renouncing liberalism by Brandon Straka,” said the left-of-center Washington Post.

Once upon a time, I was a liberal. Well, to be honest, less than a year ago, I was still a liberal,” begins Brandon Straka, in a report in right-of-center Brietbart that says that over 5 million have seen the second video at that point in time.

The Epoch Times was one of the first to chronicle the latest blow at the Democratic coalition that swept then Senator Barack Obama into the White House.

While many hold to #IHatePolitics, the Daily Business News recently challenged that notion.

All those who abandon the political field, are obviously surrendering their voice to those who remain.

Much of what happened to manufactured housing in the last 20 years has arguably been a result of political and capital forces, leveraging their influence and power in ways that by intent or accident, harmed our industry’s new home retail sales, and thus shipments.  The report linked below can be read later, for greater depth on this issue.

“I Hate Politics!” – Bedminster Watch, and Manufactured Housing Shipments

Against that backdrop is #WalkAway.

When actor James Woods tweeted out the hashtag “#WalkAway” in late June, even the alt-right missed the enormity of what lay beneath it. The Democratic Party had, in fact, struck an iceberg,” said the Epoch Times.

Here’s an extended quote:

#WalkAwayGoesViralThreatensDisruptionPlusManufacturedHousingMarketUpatesDailyBusinessNewsMHproNews

Some 5 million people on Facebook and YouTube have seen the video by now. A very handsome gay man, who you just assume is about to scold you on progressive talking points, instead says this:

Once upon a time, I was a liberal. Well, to be honest, less than a year ago, I was still a liberal.

I reject a system which allows an ambitious, misinformed and dogmatic mob to suppress free speech, create false narratives, and apathetically steamroll over the truth.”

And then this devastating line—the Rosa Parks moment of the video:

I reject hate.”

If Democratic strategists were still able to watch the rest of the video without suffering a nervous breakdown, they’d see that it quickly got worse.”

These are the reasons why I became a liberal. And these are the same reasons why I am now walking away.”

Tidal Wave

Meet Brandon Straka, the unlikely liberator and new face of the “silent minority” of Americans who’ve been cast out by family and friends, fired from jobs, and forced into silent social ghettos for their failure to “get it” about how hateful and dangerous Donald Trump is, and why he and all his supporters should be subjected to an ever-expanding social and professional fatwah.

Since Straka published his confessional video on May 26, his life as a New York City hairdresser and aspiring actor has been overtaken by a tidal wave.

While speaking to The Epoch Times about the explosion of his #WalkAway campaign, Straka had to occasionally stop to go style a client’s hair, all while fielding a constant barrage of newcomers’ testimonial letters, videos, and emails—over 1,000 a day.”

You get the idea.  A video by right-of-center Fox Business on the topic is posted below.

Straka’s video that the Epoch Times is waxing eloquent about is posted below.

Taken in conjunction with a growing wave of walk-aways from the Democratic Party’s near monolithic hold on the black vote, as report in articles like the one linked below, what does that mean for the boasted blue wave touted just 6 months ago?  Could it be that a red tide – or a red wave – will hit by election day in November 2018?

Time will tell, but investors and professionals on both sides of the aisle have a stake in the outcome.  For related reports, see the below.

Kanye Controversy, Universal Income, Venezuela, President Trump, Manufactured Housing, First Principles, and You

Doug Schoen, Clinton Adviser, warns – “Democrats must advance an agenda…to create a society of opportunity for all – not guaranteed outcomes achieved through wealth redistribution.”

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).

7.2.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.

POTUS Trump Announces SoftBank Boosting U.S. Investments by Billions, Details, Plus MH Market Updates

June 29th, 2018 Comments off

CNNmoney6.29.2018ManufacturedHomeStocksMarketsReportsMHProNewsSoftBank is the world’s largest private equity fund, and is the driving force behind the new Foxconn manufacturing plant that’s now underway in Wisconsin. They have factory-built-housing connections – some right here in the U.S. President Trump announced that tens of billions in more investments are coming from SoftBank to the U.S.  Added details will be our featured report this evening.

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:

  • Companies that want out of new steel tariffs describe a nightmare
  • Costco: America’s favorite store that everyone forgets about
  • Nike’s American sales grow for the first time in a year
  • Why Pepsi made ‘Uncle Drew’ into a movie
  • China opens up more of its economy to foreign companies
  • Why Netflix is dominating the streaming world
  • BBC apologizes to underpaid editor. She gives her settlement cash to charity.
  • Lessons you can learn in business school that aren’t taught in class
  • Are your credit card perks shrinking?
  • How can I simplify my retirement investments?
  • California just passed the strictest online privacy law in the country
  • Despite lessons from the past, American cities are optimistic for 2026 World Cup
  • Australia picks BAE Systems for $26 billion warship deal
  • The US-China trade war will spill into other Asian economies
  • Sharp cancels $1.8 billion share sale over trade tensions
  • Xiaomi’s shrinking IPO
  • Amazon could radically change how you get prescriptions
  • H&M needs to offload $4 billion in unsold clothes
  • Instagram Stories is now twice as popular as Snapchat
  • Hedge fund billionaire to Murdoch: Give Comcast a chance
  • Deutsche Bank flunks Fed stress test and 3 other banks get flagged
  • Oil prices spike 13% in a week. What the heck is going on?
  • Toys ‘R’ US will close its last US stores today
  • Why fast food chains like to sell you donut fries and chicken rings
  • Chipotle CEO: It could take three years for new menu items to roll out nationally
  • Foxconn breaking ground on Wisconsin plant
  • Growing pains across America’s biggest oilfield
  • Amazon wants you to start a business to deliver its packages
  • Amazon just bought itself a pharmacy
  • Where’s ZTE? Execs go AWOL at China’s big smartphone fair
  • ‘Closed-minded and ill-informed’: Huawei exec blasts US lawmakers
  • China slashes tariffs for 5 Asian countries as US trade fight escalates

Selected headlines and bullets from Fox Business:

  • IRS debuts postcard-size 1040 form
  • Nike shares run to new record
  • Stocks jump on final trading day of 2Q
  • Move over OPEC, America is the new king of oil
  • Trump says second phase of tax cuts will target middle class ‘even more’
  • GM warns on car tariffs: Customers will feel impact
  • Ford fires back after Tesla’s Elon Musk calls it a ‘morgue’
  • LeBron James to become free agent: report
  • The business that’s trying to stop the truck driver shortage
  • Ivanka Trump says she advised her dad on immigration crisis
  • GOP has the advantage in nation’s top 3 electoral issues: Varney
  • Adidas data breach: US customers had contact information, usernames exposed
  • 18 minimum wage hikes set to take effect July 1
  • Guinness set to open first US brewery in 64 years
  • This billionaire claims he can make illnesses ‘optional’
  • Ivanka Trump says she stays above the fray, will absorb blows from haters
  • The first daughter says it is an ‘extraordinary privilege’ to serve the country.
  • Investors Selling Bitcoin and Fleeing Coinbase
  • Most Banks Are Increasing Their Capital Returns — but Not Goldman Sachs and Morgan Stanley
  • The top 10 songs and albums on the iTunes Store
  • Report: Oil line makes nearly 400 Michigan water crossings

 

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

9MarketIndicatorsYahooFinance6.29.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue6.29.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 –

BreakingGroundFoxconnWisconsinManufacturedHousingINdustryDailyBusinessNewsMHProNews

With President Trump in attendance, electronics manufacturer Foxconn broke ground yesterday on a huge new plant in Mount Pleasant, Wisconsin. Once fully operational, the 20 million square foot campus will employ 13,000 American workers,” said the White House press room to MHProNews.

U.S. President Donald Trump said on Thursday SoftBank Group Corp Chief Executive Masayoshi Son is increasing his investment in the United States to $72 billion, significantly more than the $50 billion he had previously pledged

His $50 billion turned out to be $72 billion so far, he’s not finished yet,” President Trump said, without providing details.

In 2016, Son pledged to invest $50 billion dollars and create 50,000 jobs in the United States after meeting then President-Elect Trump.


I couldn’t have decided such a thing before this new President,” Son said of that decision on Thursday.

POTUSTrumpAnnouncesSoftBankBoostingUSInvestmentsByBillionsPLusMHMarketUpdates
SoftBank Group and its Vision Fund, the world’s largest private equity fund which in May last year raised over $93 billion, has made many of its investments in U.S. technology firms including ride-hailing firm Uber Technologies Inc and share-office space firm WeWork.

SoftBank is a key player in factory-built-housing producer Katerra.  A special report on Katerra is found, linked below.

Billion Dollar Startup Modular Builder, Using Robotics, Could Soon Rival Clayton Homes’ Total Sales

The new Harvard Joint Center for Housing Studies (JCHS) report indicates that home ownership is going up again, since the Trump Administration has taken their reigns. New investments in factory-built housing obviously are a direct benefit to the builders involved.  Moreover, all investments that boost employment and wages fuels the demand for housing.   The new JCHS is linked below.

Harvard’s Joint Center for Housing Studies 2018 – Affordability, Manufactured Homes, and Modular Housing Report

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).

6.29.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.

Move Over Saudi Arabia? Latest U.S. Oil Production, plus Manufactured Housing Market Updates

June 28th, 2018 Comments off

CNNmoney6.28.2018ManufacturedHomeStocksMarketsReportsMHProNewsLong-time manufactured and modular housing industry professional know that oil production, and other energy related work, often translates into more demand for factory-built housing.  So the oil data, provided below, will be our spotlight for this evening’s market focus.

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:

  • Hedge fund billionaire to Murdoch: Give Comcast a chance
  • Instagram Stories is twice as popular as Snapchat
  • Oil prices spike 13% in a week. What the heck is going on?
  • Foxconn breaking ground on Wisconsin plant
  • Trump tariff would make the Toyota Camry $1,800 more expensive to build
  • Ford chairman: Every piece of the auto business is changing
  • Guinness to open its first American brewery in 64 years
  • Chipotle CEO: It could take three years for new menu items to roll out nationally
  • Amazon just bought itself a pharmacy
  • Where’s ZTE? Execs go AWOL at China’s big smartphone fair
  • China slashes tariffs for Asian countries as US trade fight escalates
  • China’s yuan is falling against the dollar: Here’s what’s going on
  • India’s rupee hits record low as emerging markets struggle
  • New York to London in 2 hours? Boeing says sure
  • T-Mobile and Sprint say they need each other to build 5G. Do they?
  • New White House hire shows Sean Hannity is Trump’s shadow chief of staff
  • How Chipotle plans to win you back
  • Rite Aid set to sell its first cannabis-derived drug
  • Britain’s royal family made even more money in 2017
  • What does America’s falling birth rate mean to the economy? Just look at Arizona
  • Beer is being rationed in the UK
  • How a rap lyric inspired a multimillion-dollar online platform
  • Disney wins antitrust approval to purchase most of Fox
  • Meet the new GE: It’s a shell of its former self
  • Cold comfort: ConAgra buys Birds Eye maker for $10.9 billion
  • Progressive media saw the Ocasio-Cortez upset coming
  • Harley-Davidson may face credit downgrade because of EU tariffs
  • India may ignore US demand to halt Iran oil imports
  • Texas steel pipe manufacturer becomes casualty of Trump’s trade war

Selected headlines and bullets from Fox Business:

  • Bank stress tests: What to expect
  • Stocks gain momentum in late day trading
  • Move over OPEC, America is the new king of oil
  • If Harley Davidson turns its back on America we will move on: Bikers for Trump
  • The biker community firmly believes in American-made motorcycles.
  • Foxconn in Wisconsin: State taxpayers bear cost of big incentives
  • This tax strategy is ‘skyrocketing’ in popularity, expert says
  • Amazon to acquire PillPack, CVS and Walgreens shares tumble
  • Rapper Nas invested early in PillPack, Amazon’s latest buy
  • Kroger to test delivering groceries via driverless cars
  • The new 1040: A look at the proposed draft
  • Former Equifax manager charged with insider trading
  • Panasonic blames Tesla ramp for ‘occasional’ battery cell shortages
  • Walmart rolls out 3D virtual shopping experience
  • What Trump should focus on in US-Russia summit
  • America’s most and least patriotic states[overlay type]NEWS
  • America’s most and least patriotic states
  • Which states bleed red, white and blue?
  • California Rite-Aid blasts Barry Manilow music to discourage loiterers
  • On Trump’s Harley Threats, and the Trouble With Tariffs
  • How the GE Breakup Will Give Shareholders a Chance to Make Up

 

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

9MarketIndicatorsYahooFinance6.28.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue6.28.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews 

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 – 

Crude continues to rise, which of course drives all prices, including that of conventional and manufactured housing. But that rise is also fueling, pardon the pun, the growth in the U.S. domestic drilling, refining and exporting industries.

Former Federal Reserve Chairman Alan Greenspan told Fox News that much of the the economic stability of the U.S. is due to the extraordinary rise of domestic crude oil production.


U.S. oil production is booming, and oil exports are following. In its latest weekly update, the U.S. Energy Information Administration (EIA) reported:

  • that oil refining hit its highest level on record last week.
  • U.S. crude exports surged to a record 1.76 million barrels per day (bpd) in April.
  • This is a big change for a country that just a few years ago wasn’t exporting any crude.
  • Part of the driving force behind the decision to restart exports in 2016, following a ban in 1975 to export was the shale oil boom.
  • The U.S. has turned into a major oil producer.
  • The U.S. is producing oil at a record pace of 10.9 million bpd, a level which it first reached earlier in June.

The oil boom is good for the U.S. economy. “The second quarter is going to be a very strong quarter. One of the leading indicators of this is the extraordinary rise in crude oil production,” said former Fed Chairman Alan Greenspan told FOX Business’ Maria Bartiromo on Thursday.

I’ve been following the oil industry back to year one, and, I’ve never seen anything rushed this fast, he added. Fracking has made extraordinary changes in crude oil production and our output (of oil) is now close to the highest (in the world),” Greenspan said.

The increase in U.S. production comes while oil prices have rallied to multi-year highs as production in Venezuela has tumbled amid an economic crisis. Further, the U.S. is pressing its allies to halt oil imports from Iran.

 

MoveOversaudiArabiaUSOilDrillingSBManufacturedHousingIndustryDailyBuisnessNewsMHproNews

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).

6.28.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.

Bloomberg’s World’s 25 Richest Families Net Worth Tops $1 Trillion, List, Plus MH Market Updates

June 27th, 2018 Comments off

CNNmoney6.27.2018ManufacturedHomeStocksMarketsReportsMHProNews

Bloomberg’s list is interesting, and meaningful, because it reveals movers and shakers in the U.S. and abroad that shape policies and markets. These top 25 clans often have significant influence in politics, because of their economic clout. Some top figures from that list will be shown in our featured report this evening.

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:

  • Disney wins antitrust approval to purchase most of Fox
  • What does America’s falling birth rate mean to the economy? Just look at Arizona
  • 700 empty Toys ‘R’ Us stores. Who’s going to fill them?
  • Meet the new GE: It’s a shell of its former self
  • Texas steel pipe manufacturer becomes casualty of Trump’s trade war
  • Cold comfort: ConAgra buys Birds Eye maker for $10.9 billion
  • How tight is this job market? Kohl’s is already hiring for Christmas
  • Progressive media saw the Ocasio-Cortez upset coming
  • Money is more stressful than politics for Millennials
  • Russians are still meddling, but Washington and Tech aren’t working together
  • Analysis: Who’s responsible for Russian trolls?
  • India may ignore US demand to halt Iran oil imports
  • Harley-Davidson may face credit downgrade because of EU tariffs
  • Google’s eerily human phone bot is ready for the real world
  • Supreme Court deals major blow to public sector unions
  • Facebook gives up on building internet drones
  • Beer is being rationed in the UK
  • Largest US nail manufacturer ‘on brink of extinction’ because of steel tariffs
  • Trump vs. Harley-Davidson: What’s really going on?
  • Colbert, Fallon and Conan team up to tease Trump
  • The Coffee Bean is betting on ‘Starbucks fatigue’
  • Why Starbucks needs you to feel at home
  • Aston Martin unveils powerful new $300,000 supercar
  • The incredible shrinking GE
  • To counter Google and Facebook, AT&T buys an ad platform
  • Meet Walgreens: The Dow’s newest member
  • Housing market remains strong, despite mortgage rate worries
  • How some women assess safety at a new workplace
  • Chinese stocks are in a bear market
  • Wells Fargo accused of misconduct again
  • Uber’s Middle East rival recruits women drivers in Saudi Arabia

Selected headlines and bullets from Fox Business:

  • Stocks reverse course, techs lead drop
  • Justice Kennedy retiring, Trump gets 2nd Supreme Court pick
  • Trump’s next Supreme Court justice appointment will cement legacy: Sean Spicer
  • Trump’s China plan: What to know
  • Oil nears 4-year high on US-Iran tensions
  • Supreme Court case may cripple public sector labor unions
  • Burger King and Budweiser partner up
  • How to opt out of your labor union
  • Why a Sprint, T-Mobile merger could hurt your wallet
  • Texas steel pipe maker seeks tariff exemption to become 100% American
  • LaCroix seltzer maker questioned by SEC over sales metrics
  • Kohl’s already hiring for the holidays
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  • This is what the ‘new’ GE is worth

 

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

9MarketIndicatorsYahooFinance6.27.2018DailyBusinessNeawsManufacturedHousingIndustryStocksMarketsReportsDataMHProNews

 

Manufactured Housing Composite Value (MHCV)

YahooFinanceManufacturedHousingCompValue6.27.2018DailyBusinessNewsStocksMarketsDataReportsMHProNews

 

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 – 

This won’t be as big a news story in other media as it could or should arguably be.

CNBC was among the media that covered the new Bloomberg list of the top 25 families in the world in terms of net worth.

The “Methodology” ought to be a featured part of this report, because it’s a bit of a head-fake for those who don’t read these key details.

Per Bloomberg, “Net worth figures are as of June 15, 2018. The ranking excludes first-generation fortunes and those fortunes controlled by a single heir. Clans whose source of wealth is derived primarily from the state are also excluded.”

Translation? The list doesn’t include such expected names as Amazon’s Jeff Bezos, Microsoft’s Bill and Melinda Gates, or Berkshire Hathaway’s Warren Buffett.

What is remaining in the ten cited by CNBC are names that are also often familiar, but are not as leftist in their politics.

The Walton family of Walmart is the richest clan in the world, with total family wealth of $152 billion, according to data compiled by the Bloomberg Billionaires Index,” said CNBC, but again – the caveat is in the methodology and analysis noted above.  Jeff Bezos’ net worth alone is approaching that of the entire Walton family.

The Koch family, of Koch Industries, are ranked second with $98.7 billion. And coming in third is the Mars family, with $90 billion, known for their M&M and Mars Bars candies.

Bloomberg also said the top 25 families are worth $1.1 trillion and that “any calculation is likely to be a low-ball figure,” since the wealth of many families like the Rothschilds and Rockefellers is too diversified and diffuse to value.

1.         Walton family — Walmart — $152 billion

2.         Koch family — Koch Industries — $99 billion

3.         Mars family — Mars — $90 billion

4.         Van Damme, De Spoelberch, de Mevius — Anheuser-Busch Inbev — $54 billion

5.         Dumas family — Hermes — $49 billion

6.         Wertheimer family — Chanel — $46 billion

7.         Ambani family — Ambani conglomerate — $43 billion

8.         Quandt family — BMW — $43 billion

9.         Cargill MacMillen family — Cargill — $42 billion

10.       Boehringer, von Baumbach — Boehringer Ingelheim pharma – $42 billion

Bloomberg'sTop25GlobalfamiliesManufacturedHousingIndustryDailyBusinessNewsMHproNews

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).

6.27.2018DailyBusinessNewsManufacturedHousingConnectedMarketReportsBloombergMHProNews

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.