Remove As-is Remove Land Remove Land lease
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.

Insiders

Sign Up for our Newsletter

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

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.

Land 93
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.

As-is 67
article thumbnail

4 Things You Need to Know About Leasing Your Land

Realty Biz

Luckily, there is an alternative: if you have unused land, you could lease that out. What would people use your land for? But it’s a bit more complicated when it comes to land. It’s a good idea to set up a contract with clear terms that state what people are and aren’t allowed to do on your land when you lease it to them.

Land 87
article thumbnail

Recession-Proof Ground Leases Are an Overlooked $2.5 Trillion Asset Class

Propmodo

It’s a rare occasion, however, that the industry gets excited over ownership of something that is an inseparable part of every real estate transaction: land. Most owners of multifamily properties, office towers, and other property types own the whole “kit and caboodle,” the land as well as the building on which it sits.