Builder's smaller, lower-priced community is its first subdivision, as well as the... More
New models not only save energy and water, they include high-tech features as well. More
“You hate to win that way,” says one HUD-code producer, summarizing the sentiments of many manufacturers who saw a bounce in HUD-code unit orders in the aftermath of Hurricane Katrina. The FEMA orders for temporary housing totaled approximately 20,000, boosting manufacturers' numbers for 2005 to 146,735 units shipped, a 12.2 percent increase over last year. More
AT FIRST GLANCE, THE earth-toned homes of Lindy Crossing at Tustin Field read as... More
With a starting salary of $28,280, a first-year teacher has little hope of buying a home in Durham, N.C., where the median price for an existing home is $173,100.But owning a new home in Durham isn't quite so impossible if it's built by Westfield Homes, an East Coast division of California-based Standard Pacific Corp. Westfield offers Durham teachers special discounts, including 100 percent financing with no private mortgage insurance requirement and no closing costs. Parker Place Homes in Plano, Texas, is a new development of eight single-family homes that range in size from 1,620 to 1,800 square feet and cost $50,000 to $110,000 less than the Plano average. A tidy partnership between Addison, Texas-based Carl Franklin Homes and the nonprofit Plano Housing Corp.Identifying an unused and forgotten strip of land, the Plano Housing Corp. used community development block grant funds to purchase the site and develop the needed infrastructure such as new sewer lines and fire hydrants, says Susan Vinson, director o More
"We're in a self-induced recession in the middle of a housing boom," says Larry Keener, CEO of Palm Harbor Homes, an Addison, Texas-based manufactured home company that in July reported its first quarterly loss in 13 years. Shipments are sliding too, from last year's 193,000 to a projected 180,000 for 2002, according to the Manufactured Housing Institute (MHI) in Arlington, Va. More
Palm Harbor Homes, a manufactured-home builder in Addison, Texas, is entering the modular market. That helps Palm as the financing environment for HUD-code homes worsens. More
Four years after first approaching Nationwide Homes about a possible deal, manufactured-home builder Palm Harbor Homes (NASDAQ/NM: PHHM), based in Addison, Texas, is acquiring the modular manufacturer based in Martinsville, Va. More
