(Sources: Excerpts from an editorial by Abby Badach Doyle via Black Belt News Network) — With stylish features and floor plans, many of today’s manufactured homes break the old “mobile home” stereotype – without breaking the bank. On average, new manufactured homes cost about a third of the price of site-built homes, reports the Manufactured...
“Age is an issue of mind over matter. If you don’t mind, it doesn’t matter.” – Mark Twain There are many reasons that manufactured homes remain the housing choice for senior retirees. Many healthy retirement age, low and middle income workers are living longer, and in many instances are delaying retirement plans, as a result...
The manufactured housing market represents a vital segment of the housing industry, offering affordable and versatile housing solutions for thousands of homebuyers nationwide. Despite a sluggish growth in the site-built housing market, manufactured homes have experienced continuing growth heading into the new year with manufactured home shipments. Consider the following: Manufactured home shipments through November...
The Manufactured Housing Institute, which is the national advocacy group for factory-built housing and land-lease community living, announced recently that annual home shipments for the first time since 2022 have surpassed the 100,000 mark. Only twice previously in the last 18 years has the industry produced as many homes. The years 2021 and 2022 each...
In recent years, developers and builders have increasingly turned to factory-built housing—encompassing both manufactured and modular homes—as a viable solution to address challenges and increasing demand in the housing market. This shift is driven by several factors, including cost efficiency, reduced construction timelines, and the pressing need for affordable housing. Advantages of Factory-Built Housing As...
Florida’s manufactured home industry has transformed remarkably over the years, evolving from simple, standardized structures into highly customizable, energy-efficient homes. In the mid-20th century, manufactured homes were often viewed as temporary, low-quality housing. However, advancement in materials, construction techniques, and regulations have elevated their quality and durability. The implementation of HUD standards in 1976 marked...
Funds to Repair, Upgrade, and Preserve Affordable housing across 26 States The U.S. Department of Housing and Urban Development (HUD) has allocated $225 million under its Preservation and Reinvestment Initiative for Community Enhancement (PRICE) programs to improve conditions of manufactured home communities. The grants, awarded to 17 awardees across 26 states. The initiative targets repairs,...
Fleetwood Homes, a major manufactured home builder, believes they have produced “part of the solution” to the ongoing housing crisis in Virginia, as well as across the country. Fleetwood Homes, based in Rocky Mount, Virginia, has produced the first U.S. Department of Housing and Urban Development (HUD)-recently approved single section duplex home in the country,...
Source: MHInsider – The manufactured Housing Institute (MHI). which is the national advocacy group for factory built housing and land-lease community living, announced recently that annual home shipments for the first time since 2022 have surpassed the 100,000 mark. Only twice previously in the last 18 years has the industry produced as many homes. The...
Can the appeal of manufactured housing as an investment grow even stronger? Experts weigh in on the sector’s prospects The following are excerpts from a comprehensive report by Laura Calugar @ MULTIHOUSING NEWS — Banking on its inherent affordability and independent, self-sustaining nature, manufactured housing has continued to shine over the past decade. Nowadays, demand...
