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Thursday, 02/22/2007 2:44:45 PM

Thursday, February 22, 2007 2:44:45 PM

Post# of 79921
FWIW - best article is the first article to me and of course the one about Warren Buffet buying companies associated with Modular/Manufactured homes (anything with Berkshire buying anything even closing related to stock I own gets me a but excited...)

Mod Moves Up – “Keep an eye on the Gulf of Mexico — not because another hurricane is headed our way, but because the future of American home building may be emerging there.”
http://www.housingzone.com/probuilder/article/CA6377012.html

Great Article on Growth of Prefab Market Drawing in Big Investors:
http://www.businessweek.com/magazine/content/06_23/b3987045.htm

Fast Facts: Modular Homes:
http://www.nahb.org/generic.aspx?genericContentID=10280

-The building blocks of modular homes - individual modules - are housing componenets constructed in a controlled factory environment.
- Individual modules are up to 90% complete and shipped from the factory to the home site. All walls, flooring, ceilings, stairs, carpeting, and even wall finish are completed in the factory before shipment.
- Once all building materials arrive at the factory, some manufacturers can assemble modules in a single day. Typically, a two-story, 2,500 sq. ft. home can be constructed in a factory in under a week.
- Aside from any cost savings, modular homebuyers benefit from the short assembly time of their home – reducing any amount of weather damage or home site vandalism. Over the life of the home, modular homes save money because they are incredibly efficient.
- In 2004, 42,700 modular homes were constructed in the United States
- From 1992-2002, modular housing production increased 48%
- One of every ten homes built in the northeast is a modular home. That region accounted for 29% of the nation’s modular activity in 2001. The South Atlantic region was a close second with 26%, and the Great Lakes region third, accounting for 24%.
- The most popular states for modular construction are North Carolina, Michigan, and New York.

Barriers to Affordable Housing: http://www.nahb.org/generic.aspx?sectionID=204&genericContentID=3516

http://www.healthybuilding.net/news/060123manuhousing.html
“Hurricanes Katrina and Rita created an unprecedented challenge: over 310,000 new single family homes must be built from scratch, and fast.”

Growth in Modular Home Industry
http://www.buildingsystems.com/Modular%20Home%20Stats%20%20Core%20Pages.html
http://www.myrtlebeachonline.com/mld/myrtlebeachonline/classifieds/real_estate/16408288.htm


"Experience: that most brutal of teachers. But you learn, my God do you learn." C.S. Lewis
www.younglife.org

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