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SECTION: MANUFACTURED HOUSING REVIEW
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| MARKET SHARE LEADERS | |||
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ALL MANUFACTURED HOUSING | |
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Source: Statistical Surveys Inc., Year-End 2005 Statistics |
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“Giving more autonomy to our local operations allows us
to better serve our customers with affordable housing that
fits the style and needs of their geographic area.”
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DELIVERING EFFECTIVE
HOMEOWNERSHIP SOLUTIONS The manufactured housing industry provides homes conveniently, affordably, and efficiently. The advantages, in fact, are compelling. A manufactured home that is comparable in size and quality to a site-built house can be purchased for 10 to 35 percent less, and be ready for occupancy in about half the time. Fleetwood homes range from approximately 500 to 3,400 square feet, and are designed to fit into almost any price range and any neighborhood. An array of creative floor plans provide comfort and style for individuals and families of all types. |
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While outside factors in recent years have reduced
the economic advantage of manufactured housing by
increasing the cost and restricting the availability of
financing, recent macro trends are expected to ease
the financing situation and result in an improved
competitive position.
The manufactured housing industry competes with apartments as well as site-built housing, and it appears that rents are increasing at the same time that some of the liberal underwriting criteria and loan terms offered by site-built lenders are being restrained. Both of these trends may cause consumers to take another look at manufactured housing as an attractive alternative. In addition, we believe that factory-built housing is the most viable solution for rebuilding the Gulf Coast, once the roadblocks to reconstruction in that region are overcome. |
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