Manufactured Homes Are Increasing

Manufactured Homes Are Increasing

According to statistics from the U.S. Department of Housing and Urban Development (HUD), and reported by the Manufactured Housing Association for Regulatory Reform (MHARR), HUD Code manufacturers produced 5,657 homes in December 2015. Representing a 20.1 percent increase over the the 4,707 homes produced in December 2014.

Manufactured or Real Property?

Manufactured or Real Property?

One of the first considerations is size. While manufactured homes come in different sizes, you must also remember the larger the home, the more it will cost. Simultaneously if you are looking for something as a starter home you have to remember a manufactured home will not provide equity in your pocket toward the buying of another home.


May I Move My Manufactured Home To Another Location?

If you’re in a financial bind and need to sell your house, you may be wondering how you can accomplish this quickly and get a decent price. Selling a house is especially difficult in an economic downturn, but there are several different things you can do to put your house on the market and optimize your chances of selling.

1) Price it right

2) Remove clutter

3) Give your house curb appeal

4) Use the internet to your advantage

5) Don’t hang around for the open house

They mean quite different things…

Mobile homes – The term Mobile Home is often used interchangeably with the term Manufactured Home but in fact they mean quite different things. “Mobile Home” refers to homes built PRIOR to 1976 when the HUD code governing building standards for factory-built homes was instituted, greatly improving quality standards.

Manufactured homes – Homes built AFTER 1976 should, technically, no longer be referred to as Mobile Homes but instead are Manufactured Homes and are built to a higher standard of quality than yesterday’s “Mobile Homes”.

Manufactured Homes are built entirely in a factory under the federal building code administered by the Department of Housing and Urban Development (HUD). These homes are constructed to meet the Federal Manufactured Home Construction and Safety Standard Act of June 15, 1976. The federal standards regulate manufactured housing design and construction, strength and durability, transportability, fire resistance, energy efficiency and quality. The HUD Code also sets performance standards for the heating, plumbing, air conditioning, thermal and electrical systems. HUD is the only federally-regulated national building code. Each home or segment of a home is labeled with a red tag that is the manufacturer’s guarantee the home was built to conform to the HUD code. On-site additions, such as garages, decks and porches, often add to the attractiveness of manufactured homes and must be built to local, state or regional building codes.

Manufactured homes generally come in single or two-section units and their dimensions range from 8 feet or more wide and 40 feet or more long. Manufactured homes can be placed on a basement and include multiwides and expandable manufactured homes. Excluded are travel trailers, motor homes, and modular housing.

Modular homes– A modular home is manufactured in a production facility and are built in two or more sections in a controlled factory setting that are then transported and assembled on location. The assemble process typically uses a traditional concrete foundation (permanent). Unlike a mobile home, a modular home cannot be moved once built. These homes are treated just like a traditional home you’d buy in a neighborhood. They offer outstanding features, a huge assortment of pre-designed homes, and their price per square foot are sometimes lower than the traditional stick built home.

Modular homes are homes assembled at the building site. Modular homes are built to either local or state building codes as opposed to manufactured homes (sometimes still erroneously referred to as mobile homes) which are also built in a factory but are governed by a federal building code.

Modular homes can be completely customized to meet the home-buyers needs and tastes.

Homes this spring are selling faster than ever

Homes this spring are selling faster than ever

Home sales jumped nearly 9 percent in March compared with March 2016, even as the number of homes for sale plunged 13 percent, according to a new report from Redfin. That resulted in the fastest average sales pace since Redfin began tracking in 2010. The typical home went under contract in just 49 days, down from 60 days a year ago. The median price of a home sold in March was $273,000, up 7.5 percent year over year.


When you buy a home, you’re making an investment. How do you make your purchase keep its value? Sprucing it with more features and maintaining it. Here are 8 things that need constant attention so you home can stay an investment.

1.The kitchen
5.Pest Control

Thinking about moving to Nevada?

Thinking about moving to Nevada?

Property taxes are comparatively modest. Nevada is one of the 37 states that collect property taxes at both the state and local levels. As in most states, local governments collect far more.

How Much House Do Americans Actually Own?

How Much House Do Americans Actually Own?

Nationally, there were over 73 million owner-occupied housing units in the U.S. in 2015. Of these, around 46 million had home debt such as mortgages and equity loans, and nearly 27 million were owned free and clear. The Urban Institute calculates that there is about $11 trillion in total net housing wealth across the country, and about $7 trillion of that could be turned into cash through lending products.

Tired of Renting Yet?

Tired of Renting Yet?

Examining census data from 1960 to present day, a new report has illustrated the drastic — but very real — drop in housing affordability nationwide.Though median rents have increased by 64 percent between 1960 and 2014, median household incomes grew by only 18 percent in the same time, according to an analysis by rental listing website Apartment List cited by the Wall Street Journal. Renters had the worst of it between 2000 and 2010, according to the Journal — thanks in part to a recession and then a housing bust, inflation-adjusted household incomes fell by 9 percent while rents increased by 18 percent during that period. Call us today and start your search for your own home!

Home values will increase, but more slowly than last year..

Home values should increase about 3.6 percent next year, Gudell said. That’s a slight drop from 2016, when national home values rose about 4.8 percent.

As the market recovered from the housing crisis, “for a while, we were growing at very high home-value appreciation rates,” Gudell said. “What we’ll see for next year are more historically normal appreciation rates in line with what we’ve seen over the last 50 or so years.”

Gudell and Smoke said this slowdown in appreciation is an inevitable effect of the market’s recovery, and it signals that the nation’s housing market is normalizing.

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