Smart home technology integration is a growing trend in modular homes. In Hillsboro, residents of mobile home parks may face rent increases on their lot, which can impact affordability.
Modular construction can be adapted for various types of land, from urban lots to rural landscapes. Controlled factory environments allow modular homes to use resources efficiently and reduce waste. Modular home businesses are increasingly focused on urban infill projects due to housing shortages. Mobile homes are pre-constructed homes built on a chassis, allowing them to be moved from one location to another.
Financing for manufactured homes can be through chattel loans, FHA loans, or even VA loans in some cases. Although they can technically be moved, manufactured homes are typically intended for permanent placement.
Companies often use digital tools for virtual walkthroughs and 3D renderings for buyers. Manufactured homes are increasingly seen as a solution to the affordable housing crisis in cities like Hillsboro. HUD code includes strict standards for fire safety in manufactured homes. Mobile homes are more susceptible to damage from tornadoes and hurricanes compared to traditional homes. Modular homes have resale values comparable to traditional homes, particularly in markets like Hillsboro.