Champion Homes, Inc. has announced that its joint venture partner, ECN Capital Corp., will be acquired by an investor group led by Warburg Pincus, with the transaction expected to close in the second quarter of 2026. As a part of the transaction, Champion Canada Holdings Inc., a subsidiary of Champion Homes, has agreed to support...
(Source: The Motley Fool) – The third home construction performance outlier honors go to (CVCO 0.98%), a Phoenix-based maker of manufactured homes that’s up 28% YTD as consumer demand for affordable housing remains strong. In Cavco’s second quarter results, released Nov. 6, CEO Bill Boor said that the 60-year-old company saw “strong performance from all...
The following are brief descriptive capsules of the most preferred loan types available to manufactured home purchasers, as well as other financing programs that may or may not serve the interest of manufactured home retailers and/or manufactured home purchasers. Note: Manufactured home financing program terms, interest rates, conditions and availability are subject to change from...
Truism: “People don’t buy features; they buy benefits” Shoppers (walk-ons) visiting a model home sales center display will often be initially reluctant to reveal information about their wants and needs in a new manufactured home. Sometimes the response when you ask them what they have in mind is “we’re just looking” or perhaps “just getting...
Source: Manufactured Housing (MHI) Report Highlights — August shipments of new HUD Code manufactured homes totaled 8,688, a decline of 8.4% from total shipments in 2024. Year-to-date 2025 shipments totaled 70,757, an increase of 3.2.% The seasonally adjusted year-over-year annual rate of shipments totalled 104,191, a 0.7% increase year over year for the same period....
Cavco Industries, midway through the celebration of its 60th year in business, has announced it is unifying its extensive manufacturing brand lineup under the Cavco name, strengthening its national brand identity and recognition. The repositioning leverages the resources, experience, and vision of the corporate brand. “With Cavco’s growth and our focus on the customer experience,...
Source: Excerpts from Globe News Wire press release – Legacy Housing Corporation, a leading manufactured home producer, announced the completion of a significant company realignment, including its new Legacy 250 initiative and a refresh of its management structure. In anticipation of the Nation’s 250th Anniversary, Legacy has reimagined its category-leading manufactured homes to focus on...
The most difficult objection a salesperson/retailer will confront is the following most expressed belief: “A manufactured home is a poor investment, because they depreciate.” That belief is a lingering myth. Not only prevalent with manufactured home shoppers, but more importantly, many potential home buyers will not consider manufactured homes for purchase, because of the preconceived...
For children, a safe and stable home is more than just a place to sleep, it’s the foundation for everything else in their lives, including how they perform in school and what kind of future they can imagine for themselves. When families have access to affordable, stable homeownership, the difference in a child’s life is...
In the first half of the 20th century, American cities were filled with SROs, Single Room Occupancy hotels and privately owned, “boarding” houses. They offered private rooms, shared bathrooms, and an affordable place to live for millions of workers, retirees, and newcomers chasing opportunity. My grandmother turned her home into a boarding house (single room...
