MFH New and Views: Manufactured Home Production Continues Double-Digit Surge, Texas Tops Nation In Sales, Again

Individually selling more than 59,000 prefabricated/manufactured homes, the great state of Texas sold more units than Louisiana and Florida combined.

Helping this country’s overworked and underpaid citizens rebound from the Great Recession of 2008-2011, which left the average American family struggling to find affordable housing, America’s homebuyers have embraced the idea of purchasing a modern prefabricated/manufactured home as the more fiscally responsible option for obtaining a high quality, yet affordable home, in today’s current real estate market.

Validation

These growing preference for manufactured homes are established in the most recent official statistics from the U.S. Department of Housing and Urban Development (HUD), as compiled and reported by MHARR (the Manufactured Housing Association for Regulatory Reform).

Demonstrating another breathtaking double-digit increase on a year-over-year basis, manufactured home production continued to swell as we head into the second half of 2016: Producing 6,780 homes during May 2016, a 16.9% increase over the 5,798 HUD* Code homes produced during May 2015. Cumulative industry production for 2016 now totals 32,570 homes, a 19.5% increase over the 27,257 HUD Code homes produced over the same period in 2015.

(*the cited statistics do not include the surge in sales of modular homes, which have become an important and well-received segment of affordable home production within the last few years.)

“We’re always pleased to report growing new manufactured home sales. that’s been close to a seven-year pattern now,” said MHARR President and CEO, M. Mark Weiss.

The manufactured homes produced by builders directly correlate to manufactured homes sold by retailers. The top 10 shipment states from the acknowledged industry production rebound in 2011 are as follows:

MFH New and Views: Manufactured Home Production Continues Double-Digit Surge, Texas Tops Nation In Sales, Again

The top 10 states have stayed consistent in their national rankings, with #1 Texas far and way being the dominant leader in shipments and sales every year and month for the past 7 years. Wonder why? Read on.

THE LONE STAR STATE LOVES MANUFACTURED HOMES

The state of Texas has continued to prosper through the country’s economic woes over the last 10-12 years. Manufactured housing is an important element of that continuing prosperity.

The Lone Star state has become a refuge for individuals and families seeking employment opportunities and a less complicated lifestyle, with wide open space and affordable housing. Businesses and industries are continuing relocation to the state at an unparalleled pace due to lower taxes and less bureaucracy.

Production, shipment and sales statistics indicate that today’s modern manufactured home is the home of choice for tens of thousands of Texas homeowners. Those industry statistics attest that nearly 1 in 5 (19.6%) manufactured homes in the U.S. are purchased by Texas citizens.

The Texas “love affair” is quite remarkable, considering that Texas real estate is reasonably priced in comparison to other areas of the country. There are lots of inexpensive rural property for stick-built homes or manufactured home placement.

With all of the available housing alternatives,Texans are selecting manufactured homes as their preferred choice of homeownership.

Here at ManufacturedHomes.com we join with our fellow Americans in expressing our condolences and heartfelt sympathies to the families and friends of those brave and honorable Dallas police officers that were lost in the recent dastardly attack. In the aftermath of that horrific event, we were all given a heartwarming insight into the caring compassion of the wonderful citizens “deep in the heart of Texas.”

GOD BLESS TEXAS!