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Champion Home Builders and Champion Retail Housing, subsidiaries of Skyline Champion Corp, has closed on its previously announced $313 million acquisition of Mississippi-based manufactured home dealer Regional Enterprises. Regional Homes has 42 dealerships in Mississippi, Louisiana, Alabama, Florida, North Carolina, South Carolina, and Texas. “We are excited to announce the closing and to welcome Regional...

Source: Bestocks – Legacy Housing Corporation, a prominent player in the manufactured homes and tiny houses industry, has seen steady stock performance in recent times. On August 25, 2023, shares of LEGH stock opened at $21.23. With a market cap of $517.80 million, a price-to-earnings ratio of 8.01 and a beta of 0.85, Legacy Housing...

Source: FreddieMac – Manufactured homes – also known as factory-built homes – are an increasingly popular housing option that can be more affordable to buy and own than site-built homes. If you are thinking about buying a manufactured home, you should consider howto go about titling your home. In contrast to a site-built home, a...

Newer manufactured housing ‘handled it decently’ after 2022’s Hurricane Ian, DeSantis said. Florida Governor Ron DeSantis continues to offer evaluations of how various types of construction in Florida fare during hurricanes. Speaking in Lake City, the Governor praised the surprising sturdiness of manufactured homes. “I was surprised at how resilient some of the mobile homes...

The following random facts validate manufactured housing as the answer to the American need for quality affordable housing, many contrasting the advantages over traditional new site-built and pre-owned homes. Headwinds in the housing industry are potential tailwinds for manufactured housing, as the competitive pricing and speed at which manufactured homes can be built. Furthermore, the...

Source: Reuters (9/1/23)  – A group of the country’s largest corporate managers of mobile home communities and a market data provider were sued in U.S. court on Thursday for allegedly conspiring to inflate rental prices for older and low-income residents. Two Illinois residents who rented lots for their manufactured homes filed the prospective class action...

Manufactured Housing could meet up to 10% of Oregon’s housing needs, industry insiders say. Ben Roche, sales director for Palm Harbor Homes in Millersburg, says he appreciated that Gov. Tina Kotek toured the Port of Portland’s Terminal 2 in January to assess the speed and effectiveness of Hacienda’s Mass Casitas modular housing pilot. He says...

A manufactured home is a poor investment, because they depreciate. Right? – Wrong!! That lingering myth and lack of quality affordable site-built housing across the country has prevented many from realizing the American dream of quality homeownership. Many potential home buyers never consider manufactured homes for purchase because of the preconceived notion that the “mobile...

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