Chicago, IL—An estimated 4.2 million manufactured home sites are in the U.S. with approximately 32% of new manufactured homes placed in communities.
"More than 22 million people in the US live in manufactured homes as these homes are the least expensive kind of housing available without a government subsidy," says Charles Krawitz, Vice President of Commercial Lending, Alliant Credit Union. "Manufactured homes make up 10% of annual new home starts and about 76% of new manufactured homes are titled as personal property."
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