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Posts Tagged ‘townhomes’

Which Manufactured Home Producer is the #1 Leader in the Hot Florida Market?

March 12th, 2018 Comments off

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It’s not the industry’s giant, Clayton Homes.

 

In fact, Clayton – which leads the nation by a wide margin in manufactured home retail and production – is nevertheless not number one in several individual states.

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See related report, “Warren Wages War,” linked here.

The red-hot, sunny Florida housing marketplace is one of them.

According to reports from the Florida Manufactured Housing Association (FMHA), the top seller of both manufactured and modular homes in the state – based upon floor dues – is the independent producer, Jacobsen Homes.

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The rest of the field is as shown.

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But note that per the FMHA data reported by Jacobsen, more than one company outsells Clayton in Florida.

It’s a reminder to those in or considering entry into HUD code manufactured housing that the Berkshire Hathaway owned industry leader  isn’t all-powerful.

Not just in Florida, but in other markets too, Clayton are being outperformed in a variety of locations across in the U.S. More on this topic in the days ahead, stay tuned.

New Manufactured Housing Production Results Report for January 2018

To see the top ten states in HUD Code manufactured housing production, click the linked report, above.  “We Provide, You Decide.” ©   ## (News, analysis, and commentary.)

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Champion Marks its Tenth Project in North Dakota

October 15th, 2013 Comments off

Champion Home Builders has been contracted to supply two modular apartment buildings to North Dakota’s Bakken oil formation, providing Watford City and Williston with over 100 apartments and townhomes, according to ourmidland.com. Marking Champion’s ninth and tenth project in the area, the Wolf Run Village in Watford City will consist of six buildings each with seven units, and the 72 unit Prairie Vista in Williston will accommodate sleeping space for 288 people. Phyllis Knight, president of Champion Commercial Structures, says, “The energy boom across the US and Canada has provided Champion with a significant opportunity to create cost, time and energy efficient housing solutions in very small communities that are struggling to keep up with immediate housing demand increases. Given this need, North American developers have embraced the modular building method rather quickly, and we at Champion are proud to play our part in that fundamental change in the way we build.” MHProNews knows Champion manufactures homes and buildings at 30 different facilities in North America and the United Kingdom.

(Photo credit: Champion Homes–modular home)

Modular Homes to Meet Affordable Housing Needs

April 17th, 2013 Comments off

PrairieBizMag reports from Grand Forks, ND, not long after a Blue Ribbon Commission on Housing determined the city has a housing shortage, especially affordable housing, plans for new developments have been announced and a home-buyers assistance program has been created for the city. The commission determined the housing shortage was propelling prices out of reach for those of more modest means. The market is now correcting itself, as plans for the next few years include nearly 200 single-family homes, 90 townhomes and 1,300 apartments. On the city’s northside, a developer purchased property from the Grand Forks Housing Authority where utilities are already in the ground for a planned development of 71 modular homes, single-family and multifamily, to help meet the need for affordable housing. MHProNews has learned ten homes could be ready for occupancy within two months. Grand Forks borders Minnesota on the opposite side of the state from the booming oil fields in western ND.

(Photo credit: Dickinson Homes)

Old Community Set to be Replaced

March 27th, 2013 Comments off

KeyNews reports from Key West, FL the 44 factory-built homes that comprise the Old Town community may soon be replaced with two and three-bedroom stick-built or modular townhomes. Southernmost Cabana LLC bought the property from the Archdiocese of Miami in 2009 for $2.4 million and has submitted preliminary plans that must be approved by the city’s Historic Architectural Review Commission before submission to the planning board and then to the Key West City Commission. A builder of modular homes in the Florida Keys, Joe Cleghorn says the residents will be offered three months free rent at one of his other properties. Noting the condition of some of the homes, he adds, “Some are really, really old and they’re going to have to go. They’ve been a great place for affordable housing. In Key West, the days of paying $800-$900 a month are about over.” As MHProNews has learned, the new housing will be owned by the residents.

(Photo credit: Rob O’Neal/thecitizen–Key West factory-built community)

Modular Homes Rising across from NYC

January 27th, 2013 Comments off

The HudsonReporter informs MHProNews, following a lengthy process of having chromium- contaminated land cleaned up in Jersey City, New Jersey, a consortium of non-profits and for profits witnessed the arrival of 22 modular townhomes that will be known as Jackson Green on Rose Avenue, in the Martin Luther King Drive Redevelopment Area. In the 1980’s the Interfaith Community Organization (ICO) began pushing to clean up the land with the ultimate goal of increasing the stock of affordable housing in Hudson County. The collaboration of ICO, the Jersey City Redevelopment Agency (JCRA), The Reinvestment Fund (TRF), Honeywell, HUD, and New Jersey Housing and Mortgage Finance Agency’s CHOICE Program resulted in the $7 million project of Energy Star certified dwellings. The modular homes will be offered to those earning 80 to 120 percent of the area median income, about $40,000 to $50,000 for a family of four, and should be finished by the summer. Prices on the three-story, three-bedroom homes will start at $112,000.

(Photo credit: E. Assata Wright/HudsonReporter)

Modular Housing to Replace Aging Housing Projects

January 18th, 2013 Comments off

The RentonReporter tells MHProNews the Renton Housing Authority recently received $2.1 million towards the construction of 18 modular town homes in this city just south of Seattle, Wash. The new Kirkland Townhomes are part of a larger project, the 100-unit Sunset Terrace redevelopment, and include affordable housing, part of a decades-old vision. The Renton Housing Authority has been purchasing land for about 20 years, knowing someday it would have to demolish the 60 year-old Sunset Terrace housing project. Fourteen of the modular homes will be two bedroom units and four will have three bedrooms. Costing about $4 million to develop, the $2.1 million includes a $1.2 million loan from the state Housing Trust Fund and a $950,000 loan from King County. The infrastructure will be completed before the modular units begin arriving in Aug. or Sept. 2013.

(Photo credit: Excel Homes)

Modular Project Slated for Southern NJ

November 30th, 2012 Comments off

TheDailyJournal reports from south central New Jersey that American Custom Modular of Millville, NJ will hire nearly 50 new workers as part of a project to build over 180 modular townhomes for Winslow Commons in Camden County, north of Millville. Founded last year by Jeffrey DiMatteo and Gino Ciancaglini, the company will build 49 units the first year with the next two phases slated for 2014 and 2015. Over 95 of the homes will be two, three, and four-bedroom modular homes and 90 units will be for seniors. As MHProNews has learned, the project will be funded by low-income housing and federal tax credits, with rents ranging from $800 to $1,100 a month.

(Photo credit: Craig Matthews/TheDailyJournal—American Custom President Jeffrey DiMatteo shows town officials one of units.)

Single Women Buying Up the Land

June 11th, 2012 Comments off

TheGlobeandMail in Toronto says a study by the National Association of Realtors (NAR) last year revealed 20 percent of homebuyers in the U.S. are single women. In Canada more than 15 percent of the homebuyers in British Columbia’s Lower Mainland are women, about the same percentage as couples without children, according to an informal survey by B.C. Real Estate Association. Couples with children comprise 35 percent of the homebuyers, and single men make up about ten percent. MHProNews.com has learned six to eight percent are empty nesters or retirees. Toronto-based financial advisor Chris Horan says women are more patient than men with their investments, and make good equity investors. Sotheby’s International Realty Canada’s president Ross McCredie says, “We are seeing more and more single women buy high-end real estate, including condos and townhomes. In the last month, we’ve seen homes above $2 million purchased by women.”

(Image credit: Wikipedia Commons)