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Manufactured Housing News

June 2023 Manufactured Shipment and Production Reports Source: MHI – MHI’s recently released Economic Report includes both shipment and production tallies for June 2023. Cumulative shipments through June totaled 43,893 homes, compared with 61,650 homes through the first half of 2022, a net decrease of 28.8%. In June, 8179 new manufactured homes were shipped, an...

“Price is what you pay, Value is what you get”– –Warren Buffett Affordability is cited by 71% of manufactured home buyers as being the driving force for choosing a manufactured home, according to the Manufactured Housing Institute (MHI). Unfortunately, there are those that will not consider purchasing a manufactured home, mistakenly believing that a manufactured...

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. Note: Manufactured home financing program terms, interest rates, conditions and availability are subject to change from time to time, as...

The following includes excerpts from a recent report titled “The State of The Nation’s Housing 2023,” by the Joint Center For Housing Studies Of Harvard University Housing costs remain high relative to pre-pandemic levels. Between the beginning of 2020 and early 2023 nominal home prices rose an astounding 37.5 percent, helping to push up the...

Bill Boor, MHI Vice Chairman and President and Chief Executive Officer, Cavco Industries, Inc testified in a housing and insurance Subcommittee Hearing entitled. “How Mandates Like ESG Distort Markets and Drive Up Costs for Insurance and Housing. – Note: ESG ( environmental, social, and corporate government policies). During the hearing , Boor called on Congress...

The following contains excerpts from a Consumer Reports by Lisa L Gill Titled; “How to Save on Insurance for a Manufactured Home.” One attraction of manufactured homes; their relatively low cost. Single-wides average $86,400 for 1,064 square feet of space, while double sections run about $158,600 for 1,757 square feet, according to the U.S. Census...

We’re excited to announce the release of Episode 2 in our groundbreaking documentary series, “From Bookwork to Blueprint: A High School Class Builds A Modular Home.” Titled “Rising Walls, Rising Spirits,” this episode brings a wave of inspiration and excitement, showcasing significant milestones both within and outside Perry Central High School. The episode begins with...

Factory-built housing in the United States is undergoing a transformative evolution, ushering in a new era of innovation, sustainability, and cost-effectiveness. As the need, and thereby demand, for affordable and efficient housing solutions continues to rise, factory-built homes are emerging as a key player in shaping the future of residential construction. One prominent trend is...

Clayton Features Manufactured Home Built to DOE Zero Energy Ready Home Specifications at the 2023 Berkshire Hathaway Shareholders Meeting Source: Clayton – Clayton, a builder of attainable housing, announced its move to build all new residential manufactured homes to Department of Energy (DOE) Zero Energy Ready Home specifications by January 1, 2024..These solar-ready homes, available...

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