It’s a fact: Today’s modern high quality new manufactured home is at least equal or superior to a comparable site-built home in construction quality, design, materials, safety, features and amenities and will cost the homebuyer up to 50% less! There’s more: Most manufactured home producers offer a wide variety of models and floor plans that...
Source: excerpts from newsletter NISKANEN…Manufactured homes currently provide 8.4 million affordable, unsubsidized homes across the United States, with an additional 100,000 new units entering the housing market each year. Unlike the mobile homes of the past, today’s manufactured homes, built to HUD Code standards, undergo rigorous quality control and must pass independent inspections before they...
The following overview snapshot provides statistical verification confirming how manufactured homes are at the forefront in satisfying the need for quality, affordable housing, at a time when that need has never been greater. Today’s manufactured homes can deliver outstanding quality and performance at prices that are up to 50 percent less per square foot than...
On October 9, FHFA introduced a new Manufactured House Price Index to provide quarterly data on price trends for manufactured homes, a market segment which is noted as an affordable option for homebuyers. The new data series includes both purchase-only and all- transactions house price indexes, based on real property conventional mortgages acquired by Fannie...
The Tomorrow’s Housing Innovation Showcase in North Corktown, Detroit, was a significant event hosted by the North Corktown Neighborhood Association and the Gilbert Family Foundation. In October, 2024, this showcase spotlighted seven highly energy-efficient, factory-built homes designed to address Detroit’s housing affordability crisis. The event allowed visitors to explore how factory-built housing offers quality, cost-effective...
HUD announced on September 11 an extensive update to its “Manufactured Home Construction and Safety Standards” (HUD Code). The update is meant to improve the efficiency of new home production and ensure that consumers have better access to commonly sought-after home features. “Manufactured homes are an affordable housing option for Americans across the country,” said...
U.S.Department of Agriculture (USDA) Rural Development West Virginia Director Ryan Thorn announced that Rural Development is extending a pilot program for people in West Virginia seeking homeownership. The pilot program allows families and individuals to access affordable financing to locate manufactured homes in rural communities. “Everyone deserves to live in a safe and affordable home,”...
Skyline Corp’s shares have reached an unprecedented peak, touching an all-time high of $94.03. This milestone underscores a period of robust growth for the company, reflecting a significant 1-year change with an impressive 27.73% increase. Investors have shown increased confidence in Skyline’s market position and future prospects, propelling the stock to new heights and outperforming...
HUD’s recent update to the manufacture home building code makes several critical regulatory updates, aligning with NIskanen’s recommendation to increase the cap for multi-unit manufactured homes from three to four units. This update is significant for two reasons. First, allowing more than one unit per structure expands the use for cases for efficient factory-built construction...
Source: Lexington Ky. (WKYT) – “It’s not your grandmother’s mobile home anymore,” said Logan Hanes. The Executive Director of the Kentucky Manufactured Housing Institute. Hanes was referencing a new 1700 square-foot home heading to Versailles, where the community will be welcomed to walk-through it for six weeks. The goal is that cities will change their...
