MHC Planned in Housing Tight Texas
MyWestTexas reports within a few days of announcing an upscale 185-site MHC to be built in Midland, Texas, the developers received 380 inquiries from interested individuals. Project partners LubbockInvest and Great House Solutions of Odessa, TX, expect to keep the rates between $1200-1500 a month, which will include the site rental, including payments on the three and four-bedroom homes that will be brought in. Due to the lack of available housing, Blake Templeton of LubockInvest says some of the calls were from oilfield workers staying in motels wanting to move their families to town. MHProNews has learned the population of Midland is just under 110,000, having experienced a growth rate of 13.01 percent since 2000. As of last week there were 290 homes listed for sale in this west central city, with a median home price of $125,700. The project is expected to be completed by Feb. 2013.
(Photo credit: Pine Grove Mfg. Homes)
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