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Manufactured homes are appreciating faster than site-built homes

Housing Wire

Census Bureau over a five-year period shows that prices for manufactured homes have risen by nearly 60% as the nation continues to contend with a housing affordability crisis that stems in part from a shortage of sufficient inventory. The study from LendingTree found that the average price of a new manufactured home sold in the U.S.

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Housing coalition publishes recommendations for GSEs’ ‘Duty to Serve’ plans

Housing Wire

By “centering” the perspectives of affordable housing experts and “synthesizing the most critical action steps,” the UMMC aims to “expand and enhance” the GSEs’ performance in underserved housing markets. Better loan products to serve “high-needs rural regions” should also be developed.

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Manufactured housing group encouraged by FHA attention — but concerned about its portrayal

Housing Wire

But the characterization of the program’s intent was a point of concern for Lesli Gooch, CEO of the Manufactured Housing Institute (MHI). Program details Gooch explained that MHI is encouraged by greater government involvement in the manufactured housing sector — especially considering the affordability challenges that persist nationwide.