Americans Vote For Change: Manufactured Homes Answers The Call
Americans Vote For Change: Manufactured Homes Answers The Call
Election day 2014 has come and gone … and the long predicted GOP tidal wave has washed ashore throughout the country. Drastically changing the political landscape in states like Illinois and Massachusetts for at least the next two years. Although last night’s losses represent a scary proposition for some – most viewed these political beat downs as great news for the rebounding economy.
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Americans Vote For Change: Manufactured Homes Answers The Call
While the fluid variables that underpin our national economy have improved dramatically over the past six years, many sectors of the economy continue to struggle. As 2014 slowly comes to a graceful end, housing prices continue to soar into the upper realm of rational and the blue-collar worker’s wages remain stagnant at best. Potentially creating a difficult scenario for some homebuyers to achieve the American dream of homeownership.
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Worker’s wages remain stagnant at best
Providing proof of this fiscal glass ceiling, a recent survey published by Harvard University mentioned that, “the number of renter households was up by more than half a million in 2013.” Pinpointing the greatest loss of home ownership among younger adults. Losing 8% of the 25 to 34-year-old homebuyers, while the 35 – 44-year-old homebuyers slid 9 percentage points, according to the Harvard report.
As rents have skyrocketed and the expense of conventional stick built homes makes them cost prohibitive, manufactured / modular homes remain an attractive option for many of America’s potential homebuyers. According to a 2013 Census Bureau report, the average sales price of a manufactured home remained financially in reach, at just $64,000 for the fiscal year. Conversely, the average single-family residential home closed escrow for a mind-boggling $324,000 during 2013.
Americans Vote For Change: Manufactured Homes Answers The Call
Currently across the country, there are approximately 18,000,000 Americans living in manufactured homes. Representing a fairly substantial number. These fiscally responsible housing options represent one of the greater supplies of unsubsidized housing in the country. At a time when the federal government continues to restrict their discretionary budget allocations and reprioritize their policies away from public spending on subsidized housing. The relevance of the manufactured housing (MFH) sector, for the benefit of the blue-collar worker, is fast becoming a conspicuously important option for America’s working class heroes.
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The below video tour of the Magnolia MH-101S is a perfect example of the value manufactured homes offer today’s homebuyer: “This Magnolia Homes’ MH-101S model is a 1203 square feet single section with 3 bedrooms and 2 baths. A large living area with an impressive 9′ coffered ceiling makes this home feel spacious and inviting. A well-planned kitchen with ample modern quality cabinetry and limitless counter top space will be a homemakers delight. A large master bedroom suite and a well equipped bathroom with a large tub and shower and a convenient walk-in closet adds to the convenience and comfort of this ideal family home. A conveniently located second bathroom serves the needs of guests as well as the 2nd and 3rd bedrooms.”
