Manufactured Housing News

“The theory that manufactured homes are less quality and not as safe is consistently proven not true.” During the first Senate Banking Committee hearing of the 118th U.S. Congress titled “The State of Housing 2023,” Ranking Member Tim Scott, Senator from South Carolina, praised manufactured housing stating “the theory that modular or manufactured are less...

SOURCE: Excerpts from a report by Elaine Mendoca – posted by Bestocks The highly esteemed Marshall Financial Group LLC has recently made headlines within the investment industry with its notable acquisition of a new stake in the renowned company, Skyline Champion Co. (NYSE:SKY – Free Report). This bold move exemplifies the astute decision-making and strategic...

Manufactured Housing Institute (MHI) members attending the Winter Meeting in Houston got a look at new findings from MHI’s latest consumer survey. Linda Mackenzie of Trifecta Researh Group, which conducted the survey, gave a presentation that highlighted key findings from the survey. This research revisits MHI’s consumer research from 2018 while also expanding on the...

(The following are excerpts from a BestStocks report written by Roberto Liccardo – July 16, 2023). Legacy Housing Co. (NASDAQ:LEGH) recently caught the attention of investors and market analysts alike when major shareholder, Douglas M.Shipley, sold 11,000 shares of rhe company’s  stock on Wednesday, July 12th.The average selling price stood at $22.64, resulting in a...

Source: MHI – (condensed for brevity) The following are 8 frequently asked questions (with brief answers) generally posed  by potential manufactured homebuyers.   Why should I consider a manufactured Home? If you’re looking to get the most out of your “housing dollar,” you should consider a manufactured home. Depending on the region of the country,...

Source: Manufactured Housing Institute (MHI) Monthly Economic Report              Manufactured Housing Highlights   NEW HOMES PRODUCED IN JUNE        8,169        Increase from May 2023           + 3.8%       Decrease from June 2022         – 28%   HOMES PRODUCED YTD 2023             43,888     ...

The following are excerpts from an expansive study by the Joint Center for Housing Studies at Harvard University. Much of that study and research affirm the importance of manufactured housing in addressing the nation’s home affordability crisis. Following is the abstract from that report, concerning the costs of manufactured homes compared to traditional site-built homes....

Source: Monitordaily – ECN Capital and Skyline Champion Corporation entered into a share subscription agreement pursuant to which Skyline Champion agreed to make an approximately C$185  million ($138 million) equity investment in ECN Capital on a private placement basis in exchange for 33.55 million common shares of ECN Capital and 27.45 million mandatory convertible preferred...

In the first half of last year, more than 50,000 manufactured homes were shipped across the U.S. – a 31% year-over-year increase, according to the latest numbers from the U.S. Census Bureau. The pace of shipments decreased in the final quarter of 2022, not surprising, considering the winter months have perennially been the slowest time...

In 2017-18 Fannie Mae engaged with manufactured home producers to develop MH Advantage to offer a new affordable housing option. MH Advantage properties are built to meet specific construction, architectural and energy efficiency specifications and include features such as garages, carports, and dormers, giving an appearance that is more similar to traditional site-built homes. Following...