Manufactured Housing Business Briefing

The trend of manufacturers producing larger and more costly homes and the lack of financing had reduced the affordability of manufactured housing. However, the traditional housing market continues to improve with higher pricing and reduced inventories, which has resulted in increased demand for affordable housing alternatives. Furthermore, financing by Fannie Mae, commercial mortgage-backed securities (CMBS), traditional banks, and life insurance companies have each increased year-over-year, with new financing instruments now available, bringing much needed capital to the asset class.