Remove As-is Remove Land Remove Land lease
article thumbnail

USDA’s rural manufactured housing rule has gone into effect

Housing Wire

The new rule also reduces regulatory burdens related to manufactured housing requirements and provides flexibilities for energy efficient manufactured and modular homes located in land lease communities operating on a non-profit basis, RHS added. The rule went into effect on Monday, May 5. housing supply.

article thumbnail

Dreaming of Buying a Lake House? Everything to Know Before Diving In

Redfin

Waterfront land leases You may own the house, but it could be on leased land owned by the government or other agency. Buying a house on a lake means taking over whatever lease the land owner has put in place. Is this a vacation home, investment, or primary residence? What is the flood risk in the area?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Manufactured homes are appreciating faster than site-built homes

Housing Wire

In contrast, the average sales price of new site-built, single-family homes (excluding land) rose by 37.66% over the same period,” the study explained. Despite that attention, however, some in the industry have chafed at the portrayal of land-lease communities by government housing authorities.

article thumbnail

Housing coalition publishes recommendations for GSEs’ ‘Duty to Serve’ plans

Housing Wire

The Underserved Mortgage Markets Coalition (UMMC), a coalition of 32 housing groups initially convened by the Lincoln Institute of Land Policy , published a report on Wednesday that recommended actions for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. mortgage finance system. mortgage finance system.

article thumbnail

Opinion: It’s time for bi-partisanship on affordable manufactured housing homeownership

Housing Wire

Personal property loans, which make up most of the manufactured home loans, are loans for manufactured homes sited in manufactured home communities, on other leased land, or on owned land not pledged on the loan. As the 118 th Congress begins, we return to a divided government in Washington. a year ago to nearly 7% today.

article thumbnail

Flood Plains, High Winds, and Leased Land: Your Guide to Buying a House in Palm Springs

HomeLight

You’ll have to navigate land leases, HOA requirements , and stiff competition from other buyers set on purchasing your picture-perfect property. As a resort escape, Palm Springs is known for its year-round sunny and warm weather — even when winter is happening everywhere else! Fortunately, we did the legwork for you.

article thumbnail

Farmland is becoming a hot commodity as prices boom

Realty Biz

Now, prices of agricultural land in the region are rising even faster than they were during the previous farmland boom around a decade ago, the Wall Street Journal reported. The Journal reported that farmers have been keen to cash in by selling parcels of land to investors. However, it could end up hurting smaller farmers.