Study Predicts MH Market Share to Drop

MarketWire says The Freedonia Group, Inc. of Cleveland, Ohio in a new study projects that manufactured housing production will rise 13.6 percent annually to 90,000 units by 2017 as part of the overall production of 140,000 pre-fabricated homes. Similar to a report MHProNews posted Feb. 28, 2013, Freedonia states factory-built housing in general will expand as the demand for single-family homes increase, but manufactured housing’s share of the market will decline as conventional mortgages become more readily available and chattel loans become more difficult to obtain.

(Image credit: sfgate)

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