Source: MHI – (condensed for brevity) The following are 8 frequently asked questions (with brief answers) generally posed by potential manufactured homebuyers. Why should I consider a manufactured Home? If you’re looking to get the most out of your “housing dollar,” you should consider a manufactured home. Depending on the region of the country,...
Source: Manufactured Housing Institute (MHI) Monthly Economic Report Manufactured Housing Highlights NEW HOMES PRODUCED IN JUNE 8,169 Increase from May 2023 + 3.8% Decrease from June 2022 – 28% HOMES PRODUCED YTD 2023 43,888 ...
The following are excerpts from an expansive study by the Joint Center for Housing Studies at Harvard University. Much of that study and research affirm the importance of manufactured housing in addressing the nation’s home affordability crisis. Following is the abstract from that report, concerning the costs of manufactured homes compared to traditional site-built homes....
Source: Monitordaily – ECN Capital and Skyline Champion Corporation entered into a share subscription agreement pursuant to which Skyline Champion agreed to make an approximately C$185 million ($138 million) equity investment in ECN Capital on a private placement basis in exchange for 33.55 million common shares of ECN Capital and 27.45 million mandatory convertible preferred...
In the first half of last year, more than 50,000 manufactured homes were shipped across the U.S. – a 31% year-over-year increase, according to the latest numbers from the U.S. Census Bureau. The pace of shipments decreased in the final quarter of 2022, not surprising, considering the winter months have perennially been the slowest time...
In 2017-18 Fannie Mae engaged with manufactured home producers to develop MH Advantage to offer a new affordable housing option. MH Advantage properties are built to meet specific construction, architectural and energy efficiency specifications and include features such as garages, carports, and dormers, giving an appearance that is more similar to traditional site-built homes. Following...
“Some residents voiced concerns over the impact of ‘mobile homes’ on property values, quality of life.” The following includes excerpts from a news report by The Daytona Beach News Journal. Many references in that report mis-characterized manufactured homes as “mobile homes.” We have taken the liberty of correcting those “mobile home “ references with the...
The following are excerpts from a comprehensive study by the Joint Center for Housing Studies at Harvard University. Over the next few weeks we will be reporting here at ManufacturedHomes.com./blog other important study revelations supporting the importance of manufactured housing in addressing the nation’s affordable housing crisis. Manufactured Home Appreciation Vs. Site-Built An important...
In early January, the Manufactured Housing Institute (MHI) provided the following November shipment numbers to their members, reflecting a decline for the second consecutive month. 7,998 New HUD Code Homes Shipped in November 2022 Last week, MHI released its Monthly Economic Report for November. In November 2022, 7,998 new manufactured homes were shipped, a...
Grows Team to Continue Serving Manufactured Home Buyers and Community Operators, Announces New VP of Sales Manufactured home chattel (home only) loan availability is critical in the growing demand for affordable homeownership. The following are excerpts from a news release referencing the continuance of a fairly new lender, (Zippy), poised to continue serving that growing...
