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New Trends in Manufactured Housing
By Hemant G.
Manufactured housing is termed as a type of housing unit first assembled in factories and the transferred to the sites where they are intended to be deployed. Manufactured house is basically a home built in safe environment under the HUD’s federal code of US department. Now let’s have a look at the trends in manufactured housing.
There were more than ten million mobile homes in the United States in 1979 and it does not include modular homes and prefabricated houses. In the year 1985 this figure rose and about 12.5 million Americans who stayed in manufactured houses. In 1990 the manufactured houses gained little bit more popularity and some of the manufactured houses were also found in the central city.
According to the National Commission on manufactured housing nearly 15.4 million people started living in manufactured houses which was around seven percent of the total population of America, manufactured housing was the most popular among factory built houses which includes penalized and modular homes and this dominance of manufactured housing grew from sixty eight percent in 1995 to a mammoth seventy three percent in 1999.
But over the years the manufactured housing industry has made a rapid stride and it’s no a lot different than the traditional mobile homes. In Florida the manufactured houses built today are even 25 percent stronger than the homes built at site. Now apart from meeting just the building requirements the manufactured housing industry is concentrating in meeting the federal standards of each state. As we enter 2007 following can be the favorable trends for the manufactured housing industry:
Cost savings of up to 20 to 50 percent
Improvement in quality and appearance of houses
availability of better financing options
growth in share of single family home market
A recent study conducted at HarvardUniversity reveals that there are chances of growth in suburban areas which are best suited for manufactured houses. Also multi sectional homes will become more popular in future. Presently about 82 percent of the manufactured homes in Florida are Multi sectional and this trend is still rising. In many areas of Florida the two stories manufactured houses have already started to appear. Also the external appearance will continue to inherit the features of Site-built houses.
Manufactured houses have always been affordable for the people intending to buy a home for themselves and would become the best option available to the buyers in the coming years.