Manufactured and Modular Home News

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 [...]

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 [...]

“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 [...]

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 [...]

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,” [...]

Before presenting the reasons why people choose to live and stay in a manufactured home community, we will offer up some statistics and information that might guide your decision to purchase a new modern manufactured home and place that home in a community – whether its called a “mobile [...]

Initiative will educate the benefits of manufactured housing in the aftermath of the deadliest and most destructive wildfire in the state’s history. Guild Mortgage, a mortgage lending company, has announced the first two homes from its Making Paradise Home Initiative are available for sale in [...]

The Manufactured Housing Institute reported recently in a newsletter to members that Rep, Raph Norman of South Carolina sent a letter to the House Appropriations Committee urging it to include the manufactured housing energy standards limitation amendment he sponsored be included in the Fiscal [...]

From Montauk to Malibu, the prices of manufactured homes and mobile homes* can soar into millions of dollars If you thought the cost of single-family homes surged during the pandemic, that’s nothing compared to the escalating prices in America’s manufactured and mobile home communities. A new [...]

Brookfield Fund Sells $325 Million of Manufactured Home Sites (Source: Bloomberg) – A Brookfield Asset Management LTD. The property fund sold a large chunk of a manufactured housing portfolio as the company seeks to capitalize on growing demand for the sector. The $325 million deal [...]

Sometimes families decide to buy a manufactured home because they are more affordable than traditional site-built homes. However, that affordability is based upon the original sales price and not necessarily found in the financing of the manufactured home. Now a partnership between RBC Mortgage [...]

LOUISVILLE, KY. The recent Louisville Manufactured Home Show at the Expo Center came hoping to offer solutions to one of Louisville’s biggest problems: housing. Organizers believe the developers behind these homes could be the answer to create more affordable housing in the city. For the most [...]

Cavco Industries, Inc. announced a significant innovation in the manufactured home industry with the launch of the first nationally available, manufactured home duplex approved by the Department of Housing and Urban Development (HUD). Dubbed the Anthem, this trailblazing series of homes marks a [...]

Manufactured homes can offer an opportunity for ownership to millions of people priced out of today’s expensive housing market.  According to Zillow, the average home costs nearly $343,000, but the U.S. Census Bureau says the average new manufactured home sells for $127,300 – $86,400 for [...]

Head winds in the site-built industry are potential tailwinds for manufactured housing, as the competitive pricing and speed at which manufactured homes can be built. The average cost of a Hud Code manufactured home is well below the pricing of a traditional site-built home. Furthermore the [...]