Federal government is also working to increase the availability of manufactured homes. With home prices at an all-time high, due to a persistent lack of inventory, the Biden Administration is planning to address rising housing costs with a slew of new programs to boost supply, officials announced on Mar. 1,2024. The White House announced that...
Excellence recognized in Small Volume Manufacturing and Innovative Design League City, Texas, April 5, 2024/PRNewswire/ – Oak Creek Homes (OCH) proudly announces its triumphant win at the 2024 Excellence in Manufacturing Housing Awards. Among stiff competition, OCH secured victory in three categories, reaffirming its status as an industry leader in quality and innovation. Hosted by...
New Company-Sponsored Program Increases Access to Home Ownership for Cavco Employees Source: Cavco Industries, Inc. – Cavco Industries. Inc. announced on Feb. 26,2024 that the first homes have been purchased by two graduates of its unique Homes for our Own (HFOO) program. The program is a six-week, interactive workshop to help educate company employees on...
For those who are looking for a fun and exciting way to retire, look no further than a Manufactured Home Community. These innovative communities are not only a great value, but also beautiful and the perfect solution for those who are looking to retire. Here’s a rundown of what manufactured homes are, where to find...
The United States is facing a severe housing crisis, with soaring prices, limited inventory, and millions of Americans struggling to afford decent housing. This crisis has far-reaching implications, affecting not only individual families but also the overall economy and societal well-being. Amidst this challenge, factory-built housing emerges as a promising solution, offering attainable homeownership, housing...
Funds will fill critical knowledge gaps, help local leaders leverage off-site construction, land use and zoning reforms, and office-to residential conversions to meet their housing needs. In a lengthy February 23,2024 news release, The Department of Housing and Urban Development (HUD) announced nearly $4 million in awards to eleven grantees to support research that will...
Marcus & Millichap’s 1H 2024 “Manufactured Home Communities National Report offered a mixed bag of good and not-so-good news. Specifically, the US. Department of Housing and Urban Development (HUD) is funneling more money into manufactured housing through its PRICE program. This consists of $225 million in financial resources to “help preserve and revitalize existing manufactured...
“Manufactured housing industry, we’ve got a pricing problem.” – (I say “we” as I’m sorta in the industry). No, our prices are not too high. The problem is the pricing is inconsistent. Purchasers have no idea what price a manufactured home should sell for. Therefore they tend to go from one retailer to the next...
15,830 Homes Produced Through February 2024 Source: MHI Monthly Economic Report – In February 2024, 8,347 new manufactured homes were shipped, an increase of 886 homes or 27.2% compared to February 2023. Compared with the same month last year, shipments of single-section and multi section homes were up, by 28.2% and 26.4%, respectively.Total floors shipped...
We’re thrilled to unveil the fourth episode of our captivating documentary series, “From Bookwork to Blueprint: A High School Class Builds A Modular Home.” Filled with excitement and curiosity, this latest installment, titled “Students Visit Homes, Tackle Roofing,” delves deeper into the remarkable journey unfolding at Perry Central High School. Our cameras are right there...
