Tag Archives: Manufactured Housing

The FHA has removed a valuation roadblock to increase the availability and affordability of manufactured housing as part of the Biden Administration’s Housing Supply Action Plan. Here’s how that could impact the industry.

“When factoring in the median value of a finished lot, the cost of manufactured housing relative to site-built falls to 54% for single-section homes, 70% for double-section, and 80% for CrossMods. As such, we suggest that manufactured housing may be most attractive in markets with lower land costs, but still offers savings regardless of land cost,” said Chadwick Reed of the Joint Center for Housing Studies at Harvard University.

According to a new report from Down Payment Resource, the number of homebuyer assistance programs available to help people finance homes inched forward 0.5%, offering more opportunities to those who remain financially worried about housing costs.

As the market looks at introducing more affordable housing options, Freddie Mac and the Appraisal Institute are offering new training for appraisers evaluating manufactured homes.

Though manufactured homes are 35 to 47 percent cheaper per square foot than site-built houses a recent report found that they may still appreciate at similar levels to traditional homes. What other myths are out there about manufactured housing?

While Florida has some of the best rules and regulations for owning and maintaining manufactured homes, here’s what the Sunshine State can learn to improve its lending rules for this housing market segment.

Chattel loans are the most popular finance product for manufactured housing customers, but research suggests why this may not be the most cost-effective loan for these borrowers.

A recent study of the manufactured housing sector by the Urban Institute has pointed to three main reasons—restrictive zoning, unavailable finance, and lower appreciation—that are keeping the manufactured ...

Tuesday’s passage of proposed amendments to the Dodd-Frank Act in the House has reheated the debate over whether the changes really serve lower-income Americans who purchase manufactured homes or opens them up to predatory lenders on a large scale.