dcsimg
We research, you save.
Got Questions On Rates? (855) 610-2972

Do you know which housing markets have fully recovered value lost in the last recession... and which ones haven't?

Manufactured Housing Resource Center

Manufactured Housing Resource Center

What is "Manufactured Housing"?

Manufactured housing refers to homes and dwellings which aren't 'stick-built' (constructed at the site), but which are built off-site (usually in a factory) and trucked to the building lot where they are installed or assembled. Manufactured housing includes modular, panelized, pre-cut, and mobile homes.

Manufactured homes are built in accordance with Federal standards known as the HUD Code, which regulates manufactured home design and construction, strength and durability, fire resistance, and energe efficiency. The code also mandates wind resistance of manufactured homes in areas prone to hurricane-force winds.

The Manufactured Housing Institute is a nonprofit trade group which represents MH builders, retailers, lenders, site developers, and others. Their Web site offers a variety of resources for those who want to learn about factory-built housing. You can use the MHI Membership Directory to find a manufacturer, retailer, financial service, community, or state association in your area. There are also online articles on understanding and buying a manufactured (or "factory-built") home.

The MHI also sponsors a consumer site, www.factorybuilthousing.com, which also provides consumer information and allows visitors to shop for a new home.

Some manufactured housing Fast Facts:

  • In 2001, one out of 7.5 new single-family housing starts were manufactured homes.
  • In 2000, 22 million Americans (about 8.0 percent of the U.S. population) lived full-time in 10.0 million manufactured homes.
  • The average sales price of a manufactured home was $48,800 in 2001. (Single-section homes average $30,700, while multi-section homes average $55,100.)
  • All manufactured homes are built to the 28-year-old federal HUD Code, with each home going through a rigorous inspection process before being certified and sold.

More Information

More help from HSH.com

  • Home price recovery index: Which metros have improved the most, least?

    Have home prices in your area fully recovered from the declines suffered during the Great Recession, or are they still struggling to make it back to the peak reached before the crisis?
  • 10 metros where a home costs about $1,000/month

    HSH.com identifies 10 metro areas where you can afford the principal, interest, taxes and insurance payments on a median-priced home for only around $1,000 per month.
  • HAMP versus HARP: Which is right for you?

    Making Home Affordable offers two plans for troubled homeowners. The Home Affordable Refinance Program, or HARP, allows underwater homeowners to refinance if they can find a mortgage with a better interest rate.
  • The salary you must earn to buy a home in the 50 largest metros

    Here’s how much salary you would need to earn in order to afford the median-priced home in your metro area.
  • HSH.com on the latest move by the Federal Reserve

    The Federal Reserve concluded a meeting today, leaving the federal funds rate unchanged at a range of 2.25% to 2.5%, but continued to express patience and flexibility in its current approach to monetary policy.