Shipments of HUD-Code Homes Down 46.7%
The Manufactured Housing Institute’s actual shipments report indicates that 9,294 new HUD-Code homes were shipped in October 2006, a decline on 46.7 percent compared to October 2005. Year-over-year, shipments of single-section homes were down 74.6 percent in October and shipments of multi-section homes were down 6.5 percent. The sizable |
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Market is Stabilizing
According to a survey of 49 economists, the worst of the decline in home selling activity is over. The economic forecasting survey was conducted by Wall Street Journal. Twice as many economists are now optimistic and say the worst is over, as compared with those who take a negative view. The economists expect home prices, as measured by the government’s |
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