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New Hampshire Modular Homes

Sat, Oct 18, 2008

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Modular Homes in New Hampshire

Modular Homes in NH - New Hampshire, together with 5 other states, comprises what is popularly known as the New England region in the United States. Based on its 2006 estimated population, the number of persons to a household in New Hampshire stands at a ratio of 2:1. This figure indicates that at least 2 individuals, on the average, occupy a single house in this state. Homeownership is at a higher 70% compared to the overall US statistic of 66%. The balance of 30% of the local population merely rents their home. This is definitely a lucrative market to tap for modular housing builders and developers.

Owning even a small house that you can call your own is everyone’s dream. The money used to buy a house and lot is a wise investment than making monthly rentals. New Hampshire is one of several states that have accepted modular housing as an alternative to on-site and manufactured housing facilities. The advantages of owning a modular home is slowly gaining its appeal among the local residents. Furthermore, the wrong notion that all modular housing units looks the same has been clarified as shown by the different styles and designs that are available when you begin scouting for a new home.

The viability of purchasing your own modular home is attested by the development of financing schemes to support such acquisition. Financial institutions have formed tie-ups with several real estate builders in New Hampshire to offer financing assistance to those interested homeowners who are restricted by their funding requirements. This is an ideal set-up to allow those who are able but not liquid at the moment to purchase their own modular homes. With the assistance of the property developer, the buyer needs to identify his desired location, design his preferred home and submitting all these to await the final delivery. Payment details will depend on the agreed terms between the parties concerned.

Based on available data on record, the growth in the modular housing sector has been following a rising pattern since its introduction in New Hampshire. However, recent developments in 2007 have slowed down the increase in the number of units sold. The number one cause that has been identified is the higher supply of on-site housing developments. Newly constructed homes are said to have expanded by at least 8% during the second quarter of the year while vacant existing houses have similarly increased by roughly 9%. The threat posed by on-site homes is taking its toll on the modular housing sector.

Despite the stiff competition posed by on-site houses, the builders and companies in New Hampshire that are promoting modular homes remain confident about the potentials of this sector. Most people would always want an alternative to whatever is accessible in the marketplace and modular homes is a promising choice given the savings you are bound to receive in case you decide to invest in one. Quality homes that are affordable and safe would be the criteria a potential home-buyer would be looking for and these are the qualities inherent in a modular home.

NEW HAMPSHIRE BUILDER NEWS:

  1. Proposal requires minimum standards for dementia care in Mass. nursing homes - Patient advocates called on state lawmakers today to close a loophole in Massachusetts law that allows nursing homes to advertise specialized Alzheimer’s and dementia care units, even though their workers may have no training in caring for such patients. About 200 supporters gathered at the State House to back a proposed law that would require the Massachusetts Department of Public Health, which ...
  2. NH neighborhood on edge after bear sighting - Some residents of a New Hampshire town say they're on edge after a bear was reported wandering among their homes.
  3. Mitt Romney's Personal Property Ups and Downs - Since 2008, the Romneys have sold two homes, bought two homes and held onto one, a lake compound in New Hampshire.
  4. New Renewable Energy Rules Face an Uphill Battle -   The New Hampshire legislature is considering a bill that would expand the state’s renewable portfolio standards . That means more money to subsidize renewable energy. Supporters say the measure is a real boost to the state’s wood industries, but critics doubt whether the new subsidies are worth the price. There’s a little something for everyone in the new Renewable Portfolio Standards .
  5. NH community health centers to get $5.9M in grants - New Hampshire is getting $5.9 million in federal grants for community health centers. Most of the money is going to an expansion project for Harbor Homes, Inc., in Nashua.
  6. Photos: NH Towns With Oldest Homes - See the New Hampshire towns with the highest percentage of homes built before 1940, based on Census data.
  7. Mitt Romney looks ahead as string of victories make clear rivals no longer a threat - Sweeping all five primaries Tuesday was almost an afterthought as Mitt Romney took the stage in New Hampshire to deliberately, if unofficially, put the Republican primary campaign behind him and shift his focus to his general election battle with President Obama. Instead, with a calmness borne by no longer having to glance back at carping rivals, the presumptive GOP nominee looked ahead to ...
  8. NH bill on optional gun licenses tabled - Citing a spate of violence that included the shooting death of a police chief, New Hampshire's Senate killed a bill Wednesday that would make permits optional to carry concealed, loaded guns anyplace where gun possession is legal.
  9. Connecticut home sales rise in April - The number of Connecticut homes sold in April rose 3.8 percent to 2,461 from 2,371 a year earlier, RE/MAX of New England reported Wednesday. The median sale price dropped 0.4 percent to $255,000 from $256,000.
  10. Water meters for New Forest homes - Southern Water is to install 15,000 meters in homes in the New Forest in an attempt to reduce usage.

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