1. Factory-Built Housing
Where Are We in 2017?

2. Factory-Built Advantage
Energy Star and more energy-efficient
HVAC is rapidly becoming incorporated
into construction
Energy efficiency dramatically lowering
the cost of owning home

3. Terminologies
Manufactured Homes – Built in factory in compliance with federal HUD codes/standards (1976)
Modular Homes – Built in factory in compliance with state or local codes
Mobile Homes – Prior to 1976

4. Industry Stats
81,136 manufactured homes nationally in 2016 ($3.5 billion)
261 manufactured homes in NC in July 2017
16,858 manufactured homes in NC from 8/2011 thru 7/2017

5. Industry Stats 22 million homes currently occupied
9 percent of new single-family home starts
are manufactured or factory-built home

6. Industry Production Single vs. Multi-section Homes
20% single/80% multi-section in 1998
50% single/50% multi-section in 2015

7. Industry Consolidation
1977 – 25 companies building manufactured homes
2017 – 3 holding companies building manufactured homes

8. Sales/Distribution
Shift away from independent (street) manufactured homes retailers to in-community sales
Little to no raw land development as
land-lease communities face NIMBY
financing issues

9. Cost of Homes Manufactured homes average about
25% to 35% per square foot of construction
(not counting land) of site-built homes
Modular homes average about 10%
per square foot of construction of
site-built homes

11. Factory-Building Experience
Tighter construction & energy efficiency
90 percent of homes in Sweden are built
in factories and transported/sited to home’s
final location

12. Other Advantages Buying in bulk – savings passed on to homebuyers
More responsive to consumer demand
More likely to be single-story, smaller homes that people can afford

13. Be Your Own Best Advocate

14. Home Enhancements
New Wind Standards/Codes Developed and Implemented in High Wind Zones Along Key Coastal Regions After Hurricane Andrew
Homes Performed Better During Recent Hurricanes (especially along Florida
Keys

16. Factory-Built Housing
Largest source of non-subsidized, affordable housing in America

17. Resources
Housing Advocates

18. For More Information
North Carolina Manufactured and Modular Homebuilders Association
Raleigh, North Carolina
Brad Lovin, Executive Director