Northstar Modular Homes

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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. Haigh homes ready to be razed - BY CHELSEY POLLOCK Eight homes now sit vacant on the cul-de-sac at the end of Haigh Avenue, left behind by residents hoping for new beginnings on drier land. Those houses will be gone altogether in a few weeks, as the town moves forward with the acquisition and demolition of homes along the flood-ridden street. “When they started doing this, I just started crying,” said Edith Russell, who has ...
2. Omnicare buys Continuing Care Rx - Omnicare Inc., which dispenses drugs to nursing homes and long-term care facilities, said Wednesday it bought privately held Continuing Care Rx for an undisclosed amount.
3. Student arrives from Thailand - Responding to a call for help from the Hollis Brookline Rotary Club, more than six Brookline and Hollis families stepped forward to offer the warmth of their homes to a high school junior from Phuket, Thailand, who will attend Hollis/Brookline High School this school year.
4. Support builds for boycotts against Israel, activists say - In May, rock legend Elvis Costello canceled his gig in Israel. Then, in June, a group of unionized dock workers in San Francisco refused to unload an Israeli ship. In August, a food co-op in Washington state removed Israeli products from its shelves. Israel - Elvis Costello - Washington - San Francisco - Middle East
5. Rye's sewer future unclear - RYE — Officials say they are trying to learn more about what effect a state-mandated sewer moratorium in Hampton will have on Rye.
6. Might Bloomberg Join Obama’s Economic Team? - *After a four-hour long golf session with President Obama at Martha’s Vinyard, New York Mayor Michael Bloomberg told reporters that the two talked mostly about the economy and golf, of course. But there have been a few whispers suggesting that Obama may be considering replacing his current economic treasury secretary, Timothy Geithner. Insiders say multibillionaire [...]
7. Weather forecast from Earl up in air - NASHUA – In case of a hurricane, as with so much else, it pays to plan for the worst and hope for the best. That’s what state and local emergency officials are advising as they keep a careful eye on Hurricane Earl’s track up the Eastern Seaboard. For now, the storm is expected to reach North Carolina late today and then head northeast, away from the coast. But the storm’s “cone of uncertainty ...
8. Concord, NH, buildings evacuated by gas leak - Crews have capped a gas leak that prompted the evacuation of several homes near downtown Concord, N.H. New Hampshire - Concord New Hampshire - Business - United States - Concord
9. Business People - Lori Robertson-Stoudt Lori Robertson-Stoudt has joined Virtual Homes Real Estate of Amherst as associate broker and recruiting manager. She comes to Virtual Homes from RE/MAX, where she was managing broker. Virtual Homes evolved from a business merger between former RE/MAX franchises and an Internet marketing company. The company hires tech-savvy agents who rely heavily on Internet marketing and ...
10. New Hampshire man charged in Tewksbury housebreaks - TEWKSBURY -- Police say a 26-year-old New Hampshire man was caught with items he had just stolen from a pair of homes he allegedly broke into on Lee Street in Tewksbury Friday after an alert neighbor called police to report suspicious activity.