MHARR Says Intensive Campaign Aided Rebound

Legacy Homes Photo by Eric MillerThe Manufactured Housing Association for Regulatory Reform (MHARR) reports that according to official statistics compiled on behalf of the U.S. Department of Housing and Urban Development (HUD). The manufactured housing industry rebound evident in recent months continued and strengthened during December 2011, posting its fifth production increase in 12 months. Just-released statistics show that in December 2011 HUD Code manufacturers produced 3,798 homes, up from the 2,745 HUD Code homes produced in December 2010, representing a corresponding-month increase of 39 percent. This increase brings 2011 annual industry production to a total of 51,618 homes, a more than 3 percent improvement over total industry production of 50,046 homes in 2010. MHARR says while even a modest annual production increase is welcome news for an industry fighting to recover from a decade-plus decline (and could change at a moment’s notice), the current industry rebound , reflected by double-digit monthly production gains is, among other things, testament to the intensive campaign initiated by the MHARR Board of Directors in the aftermath of the November 2010 congressional elections to address the root causes of that decline, all of which lie in the nation’s capital. See the full text

(Photo Credit: Eric Miller)

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