MH Digest

A park model, as RVers who camp at commercial campgrounds probably know, is basically a cabin built on a single trailer chassis. Federal rules restrict them to less than 400 square feet, but they can be as much as 14 feet wide, which neutral observers might conclude stretches the definition of “vehicle.”

NATIONAL – After a decades-long slump in demand, and even longer as an unloved segment of the residential industry, manufactured housing is experiencing a surge in demand — and seeing a slow but steady change in how it is perceived.

NATIONAL – Amid a historic housing boom, one that’s pushing homeownership out of reach of many Americans, manufactured housing presents a partial solution to the affordability squeeze. Makers of manufactured homes have raised their game in recent years, and mortgage giants Fannie Mae and Freddie Mac have responded by backing mortgages on higher-end prefab homes.

NATIONAL – As an overheated housing market – marked by double-digit price increases, bidding wars and inventory shortages – puts the dream of homeownership out of reach of many ordinary Americans, manufactured homes are growing in popularity because their cost is roughly half that of homes built on a permanent site.

NATIONAL – You have several options for loans depending on your down payment, credit score, and size of the home. The best fit could also come down to whether you want a mobile, manufactured, or modular home.

NATIONAL – For many young people, the idea of buying a house feels like an abstract concept far out of reach. In reality, homeownership could be well within their grasp, giving them a solid home base where they can continue building their lives. Owning a home — and one that’s sustainable, affordable, beautiful, and flexible — can be achievable for most anyone, with the right tools and mindset.

NATIONAL – Investors are pouring record levels of money into manufactured housing, seeking stability and yield as the need for affordable living options increases across the U.S.

WASHINGTON POST – A study from the Urban Institute found that manufactured housing is 35 to 47 percent less expensive per square foot than new or existing site-built homes…

NATIONAL – Multiple articles are published daily about the growing need for affordable housing. Unfortunately, the term ‘affordable housing’ often conjures up images of low-income, government-subsidized housing located in less desirable areas of the community.

NATIONAL – From the outside, the three-story home within sight of the Atlantic Ocean looked like one more large, newly minted home awaiting siding.