Making the Case for Manufactured Homes


The Journal of the Center for Real Estate Studies, edited and published by the Richard J. Rosenthal Center for Real Estate Studies, released its Spring Edition, Vol. 6, No. 1 in May 2018.

In her article, “The Market for Manufactured Homes,” Scholastica (Gay) Cororaton, CBE, Research Economist for the National Association of REALTORS®, discusses the recent rise of mobile/manufactured homes and evaluates their role in providing affordable housing, especially for lower-income households.

Mobile/manufactured homes have been around since the 1500s, but only within the last 70 years have they truly become a staple within the American housing market. From covered wagons to aluminum trailers to contemporary, can’t-believe-it’s-manufactured homes, this constantly evolving industry offers consumers flexibility and an unparalleled opportunity for affordable living.

Cororaton’s findings combat the misconceptions that mobile/manufactured homes are not safe, durable, economical, or favorable for homebuyers. Her research also sheds light on how significantly utilized this form of housing is in the United States. Take a look at the data below to understand the substantiality of the mobile/manufactured housing market and how these homes stack up to standard site-built houses.

Read the full article (starting on page 48) to discover more about what mobile/manufactured housing has to offer.
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