Issue link: https://read.dmtmag.com/i/67690
Industry Production Numbers Continue To Trend Upward The Manufactured Housing Association for Regulatory Reform (MHARR) reports that ac- cording to official statistics compiled on behalf of the U.S. Department of Housing and Urban De- velopment (HUD), the manufactured housing industry rebound that began during the second half of 2011 has now continued into March 2012, posting its eighth production increase in as many months. Just-released statistics show that in March 2012,HUD Codemanufacturers produced 4,671 homes, up from the 4,035 HUD Code homes produced during March 2011, represent- ing a corresponding-month increase of 15.7%. Cumulative 2012 industry production now totals 12,799 homes for the first quarter, up 31.6% from cumulative industry production of 9,723 homes during the first quarter of 2011. By con- trast, 2011 first quarter production was 13%below the 9,723HUD Code homes produced during the first quarter of 2010. \ 22 The industry rebound, beginning in August 2011, has seen correspondingmonthly production increases of 5.9%in August 2011, 14.1%in Sep- tember 2011, 40.7% in October 2011, 54% in November 2011, 38%in December 2011, 42.5% in January 2012, 43.3% in February 2012 and now 15.7% in March 2012. A further analysis of the official industry statis- tics offers a glimpse of the states that have had the highest demand for newmanufactured homes since August 2011. According to that data, the top ten shipment states for the period of August 2011 to March 2012, with cumulative shipment totals are: 1. Texas . . . . . . . . . . . .6,701 homes 2. Louisiana . . . . . . . . . . .2,787 homes 3. Alabama . . . . . . . . . . .1,958 homes 4. North Carolina . . . . . . . .1,686 homes 5. North Dakota . . . . . . . .1,652 homes 6. Florida . . . . . . . . . . . .1,645 homes private sector could also undermine prospects for vigorous recovery in the housingmarket. The important lesson fromthese numbers is that the housing recovery is beginning and it is occurring in the manufactured and modular housing markets as well, based on emerging realities in the housing marketplace. T J Richard Jennison is President and CEO of the Manufactured Housing Institute (MHI), the pre- eminent national trade association for manufactured and modular housing industries, represent- ing all segments of the industries before Congress and the Federal government. From its Washington, D.C. area headquarters, MHI actively works to promote fair laws and regulation for all MHI members and the industries. He can be contacted directly at (703) 558-0678. For more information on MHI, visit www.manufacturedhousing.org. 7 YEARS WARRANTY COVERAGE "The Perfect Addition For Your Home Sales" Most Competitive & Comprehensive Program in the Manufactured Home Industry Coverage Available For: Manufactured / Modular / Park Model Homes Up to 7 Years Structure Coverage 7 Years Systems (Heating, A/C, Plumbing & Electrical) 7 Years Appliance Coverage Component Only Coverage Coverage Available for New & Pre-Owned Homes FHA/VA/HUD Coverage Offered Renewable Coverage Available HomeCarePlus A Complete Package Designed for Today's Homes Welcoming Former American Modern Manufacturer's, Lenders, Communities & Dealers E-Mail: diversifiedprofits@comcast.net No. 12 on Get It Quick Page For More Information Contact: Diversified Profits, Inc. (800) 851-3738 Office 651-458-2905 Fax EVERLOCK SYSTEMS NEW from Mixand match any EverRock and Everlock Deluxe skirting order to receive free freight and better volume discounts. Mention this Ad and receive 5% off your first qualifying order! Call us for more information! SYSTEMS 6676 GunPark Drive, Suite F • Boulder, Colorado 80301 (303) 530-1566 • Toll Free 1-800-843-3336 • See Website for more info: www.everlock.com No. 13 on Get It Quick Page JUNE 2012 23 THE JOURNAL 7. Kentucky . . . . . . . . . . .1,374 homes 8. Mississippi . . . . . . . . . .1,289 homes 9. Maryland . . . . . . . . . . .1,172 homes 10. Oklahoma . . . . . . . . .1,049 homes With industry production continuing to trend upward, it is essential that the interests of the in- dustry and American consumers of affordable housing be advanced, protected and defended in Washington, D.C. against unnecessary and un- necessarily costlymandates, requirements and re- strictions affecting either production or the consumer financing of manufactured home pur- chases. As MHARR has – and continues – to maintain, this fragile recoverymakes it evenmore important that the industry remain vigilant, and guard against complacency, regarding the full and proper implementation of the good laws it has re- garding both production and financing, as Con- gress intended all along. The Manufactured Housing Association for Regulatory Reform is aWashington, D.C.-based national trade association representing the views and interests of producers of federally-regulated manufactured housing. EVERLOCK SKIRTING SYSTEMS FOR ALL YOUR SKIRTING NEEDS WHITE EverRock