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One subset of mobile home parks, retirement communities, restrict residents to those age 55 and older. Another subset of mobile home parks, seasonal communities, are located in popular vacation destinations or are used as a location for summer homes. In New York State, as of 2019, there were 1,811 parks with 83,929 homes.
A modern "triple wide" home. Manufactured housing (commonly known as mobile homes in the United States) is a type of prefabricated housing that is largely assembled in factories and then transported to sites of use. The definition of the term in the United States is regulated by federal law (Code of Federal Regulations, 24 CFR 3280 ...
Clayton Homes. Clayton Homes (or Clayton) is the largest builder of manufactured housing and modular homes in the United States. [1] [2] It is a wholly owned subsidiary of Warren Buffett's Berkshire Hathaway. [3] Clayton Homes' corporate headquarters are in Maryville, Tennessee. [4]
Naturally occurring retirement community. A naturally occurring retirement community ( NORC; / nɔːrk /) is a community that has a large proportion of residents over 60 but was not specifically planned or designed to meet the needs of seniors living independently in their homes. NORCs may develop in three ways:
Prospective homebuyers got good news when Freddie Mac announced a downward adjustment to anticipated home price increases for 2024 and 2025. The revision comes just over a month after Freddie Mac ...
Single-family (home, house, or dwelling) means that the building is usually occupied by just one household or family and consists of just one dwelling unit or suite. In some jurisdictions, allowances are made for basement suites or mother-in-law suites without changing the description from "single-family".
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