Recent trends at the end of 2009 and thus far in 2010 has seen new customers considering modular homes in greater numbers. The largest group is those that normally spend $200,000 for a home but are looking to maximize their value while keeping the price within their budget. Modular homes boast greater value through better durability, larger square footage and more amenities compared to most equally-priced site-built homes. Given the continued pricing instability of new and existing homes, modular homes give a more stable value.
The sub-prime mortgage crisis has affected just about every form of housing within the country. Lending is more restrictive, current home inventories are still tremendous, and a large percentage is unable to make their current mortgage payments. And while the modular home industry has felt the effects, the impact has been much less than on the site-built housing industry.
In addition to modular homes offering a better value solution, modular home manufacturers and retailers are expanding their markets. By being more creative with the usage of SIPs, Avalon Building Systems has found new customers who benefit from this technology. Residents in MA, CT, RI, ME, NH, VT and NY area starting to look more and more at modular homes as well. Contact us today should you have any questions regarding modular homes or if you'd like to take a look at our custom built homes we have to offer.
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