Manufactured Housing News

Source: MHI Housing Alert – Today (5-19-23) the Department of Energy announced that it will delay the compliance date for the Energy Conservation Standards for manufactured homes. The announcement moves the compliance date from May 31, 2023 until 60 days after the DOE establishes enforcement procedures for single section homes. We would expect the DOE...

According to realtors.com, buying a traditional site-built home over the past year has been a bit like competing in “The Hunger Games.” First-time buyers faced off against investors and fellow purchasers wielding all-cash offers well over the asking price for a dwindling number of properties to choose from. As home prices soared to previously unimaginable...

(Source: Samaritan’s Purse) SAMARITAN’S PURSE IS PROVIDING STORM-RATED MANUFACTURED HOMES TO RESIDENTS OF THREE MISSISSIPPI TOWNS AND SURROUNDING AREAS WHERE TORNADOES CAUSED EXTENSIVE DAMAGE IN LATE MARCH. Josh Hatcher and his two children were determined to move forward in their new place – a new manufactured home in Aberdeen, Mississippi – after fire destroyed their...

Over 45,000 attendees will have the opportunity to experience Champion Home Builders innovative home solutions for builders and developers at this year’s International Builders Show. Genesis Homes, a Champion Homes brand, features a factory-built home and an accessory dwelling unit (ADU). The show is hosted by the National Association of Home Builders, and takes place...

The Biden administration’s upcoming rules requiring stricter energy efficiency standards for manufactured homes will raise costs for low-income home buyers while failing to meaningfully limit emissions, industry experts told the Daily Caller News Foundation. The following contains excerpts from a narrative by John Hugh Demastri, contributor, posted by the Daily Caller News Foundation. The Department...

(Source: Sun Communities, Inc. via RVBusiness)  –  Sun Communities Inc. a real estate investment trust that owns and operates manufactured housing and recreational vehicle communities and marinas, on Jan 4th announced in a press release it has adopted goals to achieve carbon neutrality by 2035 and net zero emissions by 2045. This commitment is part...

  In a transaction that occurred on May 17th, Legacy Housing Co. (NASDAQ:LEGH) Chairman Curtis Drew Hodgson sold 10,000 shares of Legacy Housing stock at an average price of $21.22. This transaction had a total value of $212,200 and was disclosed in a legai filing with the SEC. Following the sale, the chairman now holds...

(Source) The following contains excerpts from a research report by the Urban Institute, titled: The Role of Manufactured Housing in Increasing the Supply of Affordable Housing. While the majority of America’s homes are built on site from ground up, a far more budget-friendly option exists that’s growing in popularity: manufactured homes, which are built in...

The manufactured home industry is awaiting finalization of new DOE (Department of Energy) standards that would mandate a number of manufactured home energy requirements. Those standards were to be implemented May 31st this year (2023). It would appear that those regulations will be delayed, as the proposed requirements will not conform to manufactured home factory...

Source: The Enlightened Mindset – Buying a manufactured home can be a great investment, but many people don’t realize that financing one can be just as difficult as financing a traditional home. Fortunately, Wells Fargo offers a variety of options to help make this process easier. In this article, we’ll explore the benefits and drawbacks...