Will manufactured housing become home of first choice?

Article Abstract:

Manufactured housing projects are undergoing a remarkable improvement during the previous years, as they continue to establish popularity among low- and middle-income families. Buoyed by improved stock-quality and appearance, the total number of residents occupying manufactured houses has totaled to 15.5 million. The sector further accounts to 32% of new homes sold in 1996 and 6.3% of the country's housing stocks in 1995. The figures are expected to increase in the years to come as factory-built dwellings continue to be affordable and offer better quality.

Prefabricated Wood Buildings, Prefabricated Wood Building Manufacturing, Prefabricated metal buildings, Prefabricated Metal Building and Component Manufacturing, Prefab Metal Buildings, Economic aspects, Modular buildings, Wooden buildings, Metal buildings, Modular houses, Prefabricated houses

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Peering into cities

Article Abstract:

The Federal Housing Enterprises Financial Safety and Soundness Act mandates the Federal Home Loan Mortgage Corp and the Federal National Mortgage Assn to place30% of its lending funds in central-city houses. An analysis of data pertainingto urban and suburban mortgage markets, however, reveals several analogies between the two that might render the new policy ineffective. The similarities range from income distribution of borrowers, types of loans, secondary mortgagemarket support to the types of lending establishments.

Housing and Urban Development, Analysis, Fannie Mae Corp., Home equity loans, Secondary mortgage market

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House-price trends in California

Article Abstract:

The lethargic economic upswing in the US fueled a 2.8% average rise in house prices nationwide. The figure was computed from a study of housing markets in the Midwest, South, West and Northeast by the Federal Home Loan Mortgage Corp. The research also revealed a negligible disparity in house-price changes in southern and northern California cities, even though the former suffered significantly higher unemployment rates.

Federal & fed.-sponsored credit, California, Regional disparities (Economics)

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