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Manufactured Housing News

Recently, the House Committee on Financial Services subcommittee on housing and insurance led by Chairman Mike Floyd (NE-01), held a hearing to explore opportunities  to expand consumer choice and existing housing supply through the use of innovative housing products. Members examined the market and regulatory barriers that affect the development and deployment of these innovative...

 (Note: The following is condensed from a report by MH Insider- Magazine) The Midwest Manufactured Housing Federation will host the Louisville Show Jan.14-16 at the Kentucky Exposition Center in Louisville, Kentucky. The federation is composed of five member state associations – Illinois, Indiana, Kentucky, Michigan, and Ohio and the annual event draws thousands of manufactured...

(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...

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...

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