Today’s manufactured homes are the most regulated and inspected single family quality affordable housing in the United States. The only form of housing in the U.S. subject to a stringent National Building Code. With the support of the responsible members of the “mobile home” industry, the U.S Congress passed legislation in 1976 to establish a...
When it comes to homeownership, there is a wide spectrum of options available, including both site-built homes and factory-built housing. Traditionally, site-built homes have been the “norm”, but manufactured housing has gained popularity in recent years, as an increasingly viable alternative. This blog explores the advantages of manufactured housing over site-built homes, with a focus...
Welcome to a journey of inspiration and innovation from ManufacturedHomes.com. Today, we are genuinely excited to share a story that’s close to our hearts — a story unfolding within the industrious halls of Perry High School in Indiana. Here, a group of determined students is embarking on a project that’s not just extraordinary but truly...
The Kentucky League of Cities (KLC) conference is occurring in Lexington at the Central Bank Center. It brings cities across Kentucky together connecting them with services and finding potential solutions to issues facing their respective municipalities. What You Need To Know At the KLC conference, city stakeholders from across the Commonwealth could view a...
Manufactured Home Facts Updated August 2022 Sources: MHI – Institute for Building Technology – American Community Survey – U.S Census Bureau – HUD Manufactured Housing Survey – U.S Bureau Bureau Labor of Statistics – Consumer Research – Datacomp – Lending Tree – The following overview snapshot provides statistical verification confirming how manufactured homes are at the...
Manufactured housing, often, and incorrectly referred to as “mobile homes,” “prefabricated” or “trailers,” is experiencing a resurgence in popularity and growth. These homes, once synonymous with limited design options and lower-quality construction, have evolved significantly over the years to become a cost-effective and attractive housing solution for many. Gone are the days when manufactured homes...
Fast Facts Manufactured housing, prefabricated factory-built homes – can be an affordable option for lower-income homebuyers. But some borrowers may not qualify for mortgages and might have to turn to other kinds of financing with less favorable rates and terms. Several federal agencies, Fannie Mae, and Freddie Mac have created new or modified existing loan...
Source: MPA News – Retail home lender Rocket Mortgage has introduced its latest initiative. ONE+ allows homebuyers to make a down payment of no more than 1% of a property’s purchase price, with Rocket Mortgage covering the remaining 2% needed to meet the usual loan threshold amount. ONE+ also does away with the monthly mortgage...
Source: Respa News* -The U.S. The Department of Housing and Urban Development (HUD) announced appointments to its Manufactured Housing Consensus Committee. Three new members will be joining, while three current members have been reappointed. “Manufactured housing is an increasingly important affordable alternative for families across the nation,”Assistant Secretary and Federal Housing Commissioner Julia Gordon said...
Tesla CEO Elon Musk has plans to build his own town in the Austin, Texas area after purchasing thousands of acres. The town is being pitched as a sort of utopia that would run along the Colorado River, the Wall Street Journal reported. Executives at one of Musk’s companies, The Boring Company, have discussed plans...
