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The term mobile home refers to homes built on a steel chassis inside a factory before June 15, 1976, when the federal HUD Code took effect.
A manufactured home is a home built on a steel chassis in a factory after June 15, 1976 and meets the federal HUD Code for construction, safety, and durability.
The HUD Code is the federal standard that regulates manufactured home construction, safety, and quality. It increased the construction quality and safety standards of all factory-built homes in the US.
Nearly 22 million people live in a factory-built home in the United States. Yes, really! 22 million yet we have no books, magazines, or TV shows specifically for our homes. Mobile Home Living is changing that soon though. Stay tuned!
An estimated 44,000 to 50,000 mobile home parks operate across the U.S.
Yes, manufactured homes can appreciate, especially when they are placed on owned land and classified as real property.