Currently, manufactured homes are considered a viable alternative to the affordable housing crisis. However, the number of traditional site-built homes sold in the first 5 months of 2021 significantly exceeded the number of manufactured homes sold during the same period of time. The most important reason for this arises from the fact that manufactured homes represent only a small piece of the housing market. Furthermore, even though this market sector continues to demonstrate signs of strength and is expected to boom over the next few years, modern factory-built housing is relatively new to consumers and investors.
Manufactured Housing News
Although placing your manufactured home on your own land provides some undeniable benefits, living in a manufactured home community comes with its own set of perks. Because choosing the right location is one of the most important decisions you’ll need to make when purchasing a manufactured home, we’ve gathered below some of the benefits of living in a manufactured home community. Hopefully, the following points will help you make the right decision.
Buying a piece of land and a manufactured home is often less expensive than purchasing a conventional home. Additionally, manufactured home buyers enjoy the flexibility of installing their homes just about anywhere they want, including in remote and secluded areas. One drawback, however, is that buying land for a manufactured home can be a complicated and confusing process. To help, we’ve put together a small guide to finding the perfect piece of land for your dream manufactured home.