Mon, Nov 23 2009
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Economic downturn drives more to mobile homes Lot vacancies ‘won’t stay empty long’ By Cathy SpauldingPhoenix Staff Writer Doug Mason, sales manager for The Home Store, said the economy is affecting financing for manufactured homes as it is for homes built “on-site.”
“The lending has tightened up,” he said. “People can still go to local banks, where we still do a lot of business for lending.” He said customers also are holding off on buying until they sell their existing homes.” “And it is taking longer for them to sell their homes,” Mason said. David and Henry said manufactured homes are more of a bargain now because they are of higher quality than they used to be. For example, many are made with 2- by 6-inch stud framing, which allows for more insulation, and many have insulated windows, he said. The Web site for the Manufactured Housing Institute says manufactured homes must meet Manufactured Home Construction and Safety Standards, or HUD Code, set by the Department of Housing and Urban Development. 
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