Washington, D.C., March 6, 2017 – The Manufactured Housing Association for Regulatory Reform (MHARR) tells MHProNews that, according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD), year-over-year manufactured housing industry production increased substantially during January 2017.

These just-released statistics indicate that HUD Code manufacturers produced 7,827 homes in January 2017, a 33.5 percent increase over the 5,862 HUD Code homes produced during January 2016.

MHARR says that the steady increase in HUD Code manufactured housing production since 2011 is “clear and indisputable evidence that manufactured homes not only continue to serve a vital role in the nation’s housing market, but that today’s high-quality manufactured homes are attracting ever-larger numbers of homebuyers.”

MHARR’s analysis of the official industry statistics shows that the top ten shipment states from the beginning of the industry production rebound in August 2011 through January 2017, with cumulative, monthly, current year (2017) and prior year (2016) shipments per category as indicated are:

The latest information for January 2017 results in no changes to the cumulative top ten list.

MHARR has long maintained that Fannie Mae and Freddie Mac cannot meet the mandate of “Duty to Serve” (DTS), and cannot adequately serve the manufactured housing market and the millions of moderate and lower-income consumers who rely on affordable, non-subsidized manufactured housing without manufactured housing chattel lending.

The full MHARR report is linked here.

For more commentary from MHARR, including Ben Carson’s confirmation as HUD Secretary, click here. ##

 

(Image credits are as shown above.)

 

Submitted by RC Williams to the Daily Business News, MHProNews