Product Description
This digital document is an article from San Fernando Valley Business Journal, published by CBJ, L.P. on March 17, 2003. The length of the article is 666 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details
Title: Housing Dilemma: luxury, affordable residents seek units; hot home sales fail to cool expensive rentals.
Author: Shelly Garcia
Publication: San Fernando Valley Business Journal (Magazine/Journal)
Date: March 1… More >>
Posts Tagged ‘Affordable’
Housing Dilemma: luxury, affordable residents seek units; hot home sales fail to cool expensive rentals.: An article from: San Fernando Valley Business Journal
Posted by admin on February 19th, 2010
Modular Homes Make Luxury Affordable
Posted by admin on January 8th, 2010
The Heritage, a 6800 square foot home appraised at $895,000, provides a breathtaking example of what the newest home construction technologies and trends are making available to homebuyers through modular homes.
Called the “modular mansion”, this immaculate home is the most recent custom modular home offering from Building Systems Network, a nationwide modular homes builder and designer of custom modular home plans. The Homestead is one of the largest and highest appraised home built by Building Systems Network, and demonstrates the trend in American homebuilding of combining the advanced technologies of the modular building process with hand-craftsmanship and custom finishes to provide luxurious homes at significantly less cost than that required by a traditional site built home.
The Heritage not only demonstrates the elegance and innovation of BSN’s custom modular home designs, but also the infinite possibilities available to homebuyers through modular home technology. Modular homes are constructed in the same steps as traditionally built homes but, because many of the components are pre-constructed, homes require less “site-building” time and are completed at a fraction of a traditional home build. Modular homes are also built with stronger components than traditional site built homes, utilizing ten to fifteen percent more construction materials to ensure the maximum strength and durability of all home components.
Grant Smereczynsky, CEO of Building Systems Network, is actively encouraging consumers to take advantage of the benefits and opportunities available to them through new homebuilding technologies and trends, and to educate themselves on the possibilities provided by modular homes.
“The Homestead and other BSN modular homes represent a significant development in home construction technologies, and a brighter future for homebuyers,” Smereczynsky says. “Homebuyers of modular homes reap the benefits of the cost savings provided by the systems-built process while attaining their dream home exactly the way they envisioned it.”
Some of the benefits of utilizing the modular homes, systems-built construction process are significantly reduced construction time, which saves interest on construction loans, as well as considerable savings in materials costs due to the high-volume purchasing abilities of systems-built production facilities.
Modular homes, or systems-built homes, are constructed under optimum building conditions within controlled environments at fractions of the cost and time required by traditional site-built homes. Since the modular homebuilder provides 80 to 85 percent of the home, buyers do not face the risk of giving money to a builder and not having a home built to their specifications.
Additionally, unlike modular homes, site-built homes are exposed to unfavorable weather conditions during the construction process, making the home vulnerable to water or weather damage, and increasing the costs of the project by adding additional materials and replacement components.
For more information on The Homestead and other BSN luxury custom modular homes and custom modular home floor plans, visit http://www.buildingsystemsnetwork.com/.
Southwind Homes plans to provide region with affordable, modular homes.: An article from: Mississippi Business Journal
Posted by admin on January 8th, 2010
Product Description
This digital document is an article from Mississippi Business Journal, published by Thomson Gale on June 29, 2006. The length of the article is 877 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.
Citation Details
Title: Southwind Homes plans to provide region with affordable, modular homes.(Region Rebuilds After Katrina)
Author: Becky Gillette
Publication: Mississippi Business Journal (Magazine/Journal)
Date: June 29, 2006
Modular Homes Answer Affordable Housing Needs
Posted by admin on January 8th, 2010
The recent nationwide housing slump, which has left many homebuyers to experience the downside of Adjustable Rate Mortgages and feel the crush of rising mortgage payments, is also affecting the home construction industry, putting many builders and industry sub-contractors in very tight financial straits.
This trend is not true in the modular homes industry, however. The demand for new homes is still high, and homebuyers are increasingly seeking alternatives to rising new home prices and interest rates. One growing alternative is modular homes. Modular home building is on the rise and is becoming more popular with homebuilders and homeowners each day.
Why? Public perception towards the industry has changed as more people have come to understand the structural, construction and cost benefits of modular housing. Modular homebuilders are providing solutions to the need for affordable housing, by using advanced engineering and building systems to provide quality, attractive home designs at affordable cost and at a fraction of construction time.
Modular homes are constructed in pieces in controlled factory environments. Factory production means fewer accidents and mistakes and a more predictable product and time frame. The pieces are then shipped to the site where they are assembled. Because the pieces need to be shipped, they are built much stronger than traditional site built homes, using ten to fifteen percent more construction materials than are normally used. Modular homes also offer a much higher quality control standard, with so many third-party inspectors, engineers and architects involved.
Since modular home builders provide 80 to 85 percent of the home, the buyer avoids the risk of giving money to a builder and not having the home built to their specifications, or of having their price inflated by numerous change orders. Additionally, unlike modular homes, site-built homes are exposed to unfavorable weather conditions during the construction process, making the home vulnerable to water or weather damage, and increasing the costs of the project by adding additional materials and replacement components.
All of these savings are passed on to the homebuyer. And, because the construction time is greatly shortened as compared to the time frame needed for a traditional site built home, homebuyers reap the benefits of lower interest rates and fewer payments on construction loans. Although they were wary at first, mortgage lenders are seeing the rapid growth in the sale of modular homes and are thus adjusting their practices to accommodate this growing market of homebuyers.
Modular homes are not only on the rise in the United States. Homebuilders around the globe are seeing modular homes as an answer to both the growing need for affordable housing and the increasing industry demand for green building and energy efficient construction. For example, modular homes are currently being used to ease the affordable housing crisis in the Highlands of Scotland. The planned
