“Without a significant jump in home construction, prices will remain high and likely move higher. Mortgage rates could also move slightly higher, and new tax policy limiting mortgage and property tax deductions, is hitting homeowners in some states hard,” says Diana Olick for CNBC’s real estate “Reality Check.”
Olick pointed to the same Core-Logic report that the Daily Business News recently reported on too.
Latest S&P CoreLogic Case-Shiller Home Price Indices, with Manufactured Home Connections
Her top lines included the following.
- “Home prices are set to soar in 2018
- Sales prices jumped 7 percent annually in November, according to a new report from CoreLogic.
- Low supply and high demand are fueling the gains and neither of those is expected to ease up anytime soon.”
Manufactured Housing
It’s not just Olick, but a wide swath of mainstream media pays little or no heed to manufactured housing.
That’s a problem for some, but an opportunity in disguise for those prepared to market themselves, as UMH President Sam Landy, Credit Human’s Barry Noffsinger and others in the industry have advised.
Clayton Homes Praise for Pro-Industry Trade Media – Monday Morning Sales Meeting
There are a number of those who believe that manufactured homes could be doing 500,000 or more new home sales, today.
The Masthead
” I’m tired of being the best kept secret. I’m ready to help house America.” – Terry Decio, Skyline Homes, to MHProNews. What happened? The Rest of the Story, 1… Several of the brands that the industry knows today are not the same brand as they were a decade or more ago.
Why aren’t those levels being attained? For a look at that topic, click the report above. ## (News, Analysis.)
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