This 21st. However, it certainly could catch on with brick-and-mortar book stores I hope they do. So stay tuned. What are your qualifications to write these guides? Back in I went through the experience of searching for, and buying, undeveloped land and purchasing a manufactured home to put on it, together with a garage, well, septic system, utilities hook-ups, road easements - the full nine yards. The Ratings Guide was an outgrowth of the first book and represents better than a year of full-time research and writing.
For more background please see About the Author. Since when just over , manufactured homes were produced, the number declined by nearly 80 percent. The period to was especially brutal, with total home sales dropping 65 percent, from about , to just over 50, As bad as that was, sales of new single-family site-built homes fared worse, falling 75 percent from its peak in In , the MH production numbers finally turned around and have continued their upward trend.
Though the final numbers for are not in, the cumulative numbers through October totaled 67, homes, up The total for will almost certainly break the 70, threshold. These are healthy numbers.
Not surprisingly, the MH industry contraction during the recession brought with it a lot of bankruptcies, closures, mergers and acquisitions. As a consequence the industry landscape today is markedly different than it was before the recession when more than 60 companies nationally were building homes in production facilities around the country.
Of these three, Cavco Industries, Inc. Clayton Homes, Inc. Not only is its market share way more than its two nearest competitors combined, but the company also owns two major banks—Vanderbilt Mortgage and 21st. In fact, annual combined profit from the two banks significantly exceeds that from the total of homes sold from Clayton and its many subsidiary builders. Note: details about these and other industry updates, including revised company listings, are available from this web site exclusively to purchasers of The Grissim Ratings Guide to Manufactured Homes.
All three producers are financially stable and well positioned for growth. The most recent official numbers available are for , but the numbers are on track to be very similar, in most cases showing only a very small incremental price increase. In the U. Here's a breakdown of several regions again, these figures are for , the most recent year tallied. Prices are in dollars:. As these numbers indicate, prices can vary considerably by region and state.
In Texas, where by far the most MH dwellings are sold, the averages for Total, Single and Double are: 62,, 45, and 83,, respectively. In California, ranked eighth in the top ten for MH homes sold , the corresponding averages are: ,, 44, and , This disparity is largely due to consumer demographics.
Texas consumers, like MH buyers in much of the Sunbelt states, are lower-income, entry-level home-buyers for whom low-cost affordability is the primary concern, whereas California MH homebuyers tend to be from a higher income bracket and able to afford both upscale options and the higher quality construction features of the most popular models.
In Congress passed the Dodd-Frank Act in response to the financial collapse. A slew of new laws came on the books to prevent future financial abuses while protecting consumers from predatory lending practices.
I have never written a review about one until now. This is a great read for people with widely ranging interests I was stunned at the depth and the accuracy of his book, which makes all the others look amateurish John Grissim has performed a fine public service in writing this guide Presents a huge amount of sophisticated information about financing, land-home packages, construction quality, leasehold communities and, above all, negotiating a fair deal Extensive and up-to-date information about the industry With this solid book, they have their tool.
Grissim did an outstanding job of research to publish a book that is jam packed with good material You can say it is fair and balanced There is excellent advice for anyone considering a land-lease arrangement Grissim spells out how to negotiate a square deal on the price and any financing you might need If you know someone contemplating a manufactured home in Florida, do them a favor and tell them to invest the small purchase price.
Subjects Mobile home industry , Mobile homes , Prefabricated houses. Not in Library. Libraries near you: WorldCat. Community Reviews 0 Feedback? Lists containing this Book. Loading Related Books. July 15, April 24,
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