Extra, Extra!
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Seasonal weight restriction programs
It can be difficult to determine when the thaw begins. In Wisconsin, it generally starts in early March and is complete by early May. According to 38 years of data from the Wisconsin Department of Transportation (WisDOT), the average date for legal load restrictions on some state highways is March 10. Posting usually begins between March 1–8 in the southern half of the state and March 12–18 in the north. The posted road period generally ends between April 25–May 1 in the south and May 1–14 in the north. However conditions in the state can vary considerably from north to south, and even from road to road in the same county. Unusually warm winters also affect road posting dates. Local knowledge of typical thaw periods is extremely helpful.
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Mobile Home Parks And The Affordable Housing Crisis: Considerations For Investors
The U.S. is facing a significant affordable housing crisis, with a shortage of affordable rental units and rising home prices pushing many Americans out of the housing market. Amid this crisis, mobile home park living has emerged as a potential solution. Based on my experience leading a company that specializes in mobile home park investing, I believe the advantages of mobile home parks can help address the affordable housing crisis, and investors interested in this sector can potentially yield positive returns while at the same time contributing to social stewardship.
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Federal Housing Administration Increases Loan Limits to Expand Financing for Manufactured Homes
Today, the Federal Housing Administration (FHA) announced new loan limits for its Title I Manufactured Home Loan Program. The increased amounts use new methodologies for calculating and updating the program’s limits, which were announced in a final rule published on February 29, 2024. The increases better align with current market prices and are expected to encourage more lenders to offer the program to homebuyers seeking to purchase manufactured homes and the lots on which they sit. This is the first update to the Title I program loan limits since 2008 and supports the Biden-Harris Administration’s efforts to increase the supply and use of manufactured homes as an affordable housing source.
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Best Mobile Home Insurance of 2024
When choosing the best mobile home insurance, making an informed choice is crucial. This guide explores the best options, each with unique advantages and potential drawbacks. Our top overall pick, American Family, offers inclusive coverage for older mobile homes and various discounts to keep costs manageable. At the same time, American Modern is ideal for those needing specialized coverage, with options like rental and vacant coverage, and Allstate caters to seniors with tailored discounts and personalized coverage.
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Prices of Mobile Homes Have Skyrocketed Across the Country
From Montauk to Malibu, the price of manufactured homes can soar into the millions of dollars. A new study by LendingTree has found that the prices of manufactured residences, also known as mobile homes, have increased faster than traditional single-family properties, The New York Times reported on Thursday. The report looked at data from the U.S. Census Bureau to pinpoint where the country’s numbers have risen the most and how prices have changed from 2017 to 2022.
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15 Amazing Mobile Home Renovations
As homes become more expensive and rents for apartments increase, mobile homes can be a great alternative. Purchasing a mobile home is cheaper than buying a home, especially in popular states such as California and New York. The beneficial aspect of mobile homes is that you can easily renovate and fix them up when compared with the labor required of an entire house, according to Home Nation. They're also environmentally friendly and can be taken anywhere, so folks don't have to live in one location for a long period of time.
