I have heard it said over and over that mobile homes not only don’t, but can’t, appreciate. The other day I came across two articles that finally prove what I’ve known for years. Both the Urban Institute and Market Watch reported on recent data put out by the Federal Housing Finance Agency that demonstrates the appreciation of manufactured housing in direct relation to traditional site-built housing. The conclusion? Traditional housing grew at an average annual rate of 3.8% while manufactured housing averaged out at 3.4%.
According to the Urban Institute article, this is the first year the FHFA has released this kind of data on manufactured housing. It would seem all the bad investment myths surrounding mobile home purchases have really been opinions repeated often enough to sound like fact.
You can read the rest of my thoughts on this new report and what that will mean for the MH industry here - https://www.linkedin.com/pulse/fhfa-data-proves-mo...
What are your thoughts on the FHFA report regarding manufactured homes?