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Manufactured Housing News

With interest rates staying higher for longer coupled with steadily tight, albeit rising inventory this spring, borrowers continue to explore all options when it comes to purchasing a home they can afford. Enter high-quality manufactured housing. These high-quality, factory built homes offer more for less, and the once negative sentiment towards them is turning the...

Manufactured homes are the answer to the lack of affordable housing in the U.S. Unfortunately, many aspiring homebuyers have not explored the affordable advantages of today’s high quality manufactured homes. The following are 7 frequently asked questions (with brief answers) generally posed by potential manufactured home buyers.   Why should I consider a manufactured home?...

The U.S. housing market crisis has been marked by tight inventory and high prices, but two economists pointed to a source of affordable homes that could be unlocked by amending a federal law from 1974. More precisely, the elimination of five words from the National Manufactured Housing Construction and Safety Standards Act would boost demand...

Many Americans than ever are priced out of the housing market and President Biden has outlined steps his administration is taking to increase development of affordable housing.  The comprehensive report includes his agenda of budget and policy proposals aimed at increasing affordable housing including:    Zoning Reform to Increase Affordable Housing:  Including Direct Subsidies to...

“Putting the cart before the horse” is often applicable to purchasers of new manufactured homes, often entering into a non-contingent purchase agreement before knowing where the home is to be located and the costs of placement. Any home purchase commitment should be contingent on locating a placement location. Typically the retailer will have information pertaining...

Headed to the Barn The manufactured home industry has long been at the forefront of innovation, offering alternatives that blend affordability, efficiency, and modern design. Deer Valley Homebuilders exemplifies this trend with their introduction of the Barndominium, a revolutionary concept in modular housing that merges rustic charm with contemporary living.   The Barndominium: A Fusion...

Source: The following are brief excerpts from a comprehensive report by Governing, republished from The Conversation.   When you hear the words “trailer park” or “mobile home park,” what comes to mind? Crime? Poverty? Vulnerability to natural disasters? These negative images reflect the stigma, reinforced by popular culture, that many U.S. residents assigned to manufactured...

Newly increased loan limits for title 1 Program supports the Biden-Harris Administration’s efforts to increase the supply and use of manufactured homes as an affordable housing source. WASHINGTON – On March 18. 2024 press release the Federal Housing Administration announced new loan limits for its title 1 Manufactured Home Loan program. The increased amounts use...

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