UMH Properties, Inc

Category: Content
Type: Blog Article

Generated 2 weeks ago

New blog articles detected

  • Younger Buyers Priced Out of the Home Market Choose Manufactured Homes

    The housing market hasn’t been kind to young, new-home buyers for more than a decade. At this point, housing is the largest part of family expenses, while health care costs continue to climb. Any money that’s saved on food, clothing, and transportation has been offset by both mortgage and rent. New homes aren’t being built at the same rate as in the past, and limited inventory of single-family hom...

UMH Properties, Inc

Category: Content
Type: Blog Article

Generated 1 month ago

New blog articles detected

  • As Rent Skyrockets, Manufactured Homes Offer Affordable, Convenient Living

    According to a report that was recently released by Harvard University’s Joint Center for Housing Studies, there’s been more than a 30% increase in the number of households that are economically hampered by the amount they pay in rent.   That’s likely because rent, which has been a stable option in the past for those seeking affordable housing options, has been rising, while renters’ incomes...

  • Manufactured Homes Are Changing the Way You Think About Affordable Housing

    When you think about celebrity homes, what comes to mind? Probably a $10 million mansion with several pools, a movie theater, a sport court, and a huge kitchen, all set on many acres of property. The sheer size of most of these homes certainly catches the eye, but it’s not like anyone could actually afford to buy something like that.   However, when the rich and famous decide that they’d lik...

  • Manufactured Homes Fill a Ciritcal Housing Need in the Oil and Natural Gas Industry

    As the oil and natural gas industry continues to generate more jobs in areas that are within the Marcellus and Utica Shale basin, the need for affordable housing near extraction sites will grow. In many cases, depending upon the scope of the project, oil and gas workers will be on site for years at a time, and it’s common to see many of them choose to relocate during that time. If a company choose...

  • As UMH Properties Stock Price Reaches New High, Manufactured Housing Proves to Be a Smart Investment

    In November 2016, shares of UMH Properties Inc. hit a new 52-week high of $13.50. UMH, a real estate investment trust, has been operating as a public company since 1985. The market cap is now $366.6 million. UMH’s growth is apparent when you review the last five years. In 2011, UMH had 40 communities and 8,900 developed sites. That has grown to 100 communities and 18,000 developed sites in 2016—mo...

  • Why Manufactured Homes Are the Perfect Choice for Millennials

    Like many people, the Millennial generation, those born between 1980 – 2000, list “owning a home” as one of their goals for the future. In past decade, however, housing prices have skyrocketed in many areas, and Millennials have a particularly hard time saving enough money to buy a home for many reasons:    Many cities now have outpriced potential homeowners. Prices for three-bedroom home...

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