One in three homes sold is a manufactured home. Many communities strive to bring in new business and industry, but fail to have adequate affordable housing available for the additional workforce and their families.
Manufactured homes look like and are financed just like conventional homes.
Most importantly, today's manufactured home is rarely mobile. Typically, the homes are built on a permanent frame, delivered and then anchored to a site-built foundation. Manufactured homes are the only form of housing built to a rigid federal building code. With their aesthetics, quality and affordability, manufactured homes appeal to more demographic groups than ever before. A study conducted by East Carolina University reports that permanently sited manufactured homes appreciate at a rate closer to site-built homes and in some cases appreciate at a higher rate.