"For all U.S. households, that means about 75% are unable to afford a median-priced new home. We are thrilled single-section CrossMod homes will now offer attainable homeownership solutions for a wider range of budget and lifestyle needs. The featured model called the Cypress is 990 square feet with two bedrooms and two bathrooms. Clayton said homes in this category are expected to cost roughly $200,000 in most markets, including land."
"CrossMod homes combine off-site construction with features of site-built houses. The single-section version uses a smaller footprint and front-loaded design suited for urban infill and narrower lots, the company said. The single-section CrossMod home is a very attractive solution for builders and developers, said Colt Davis, chief operating officer of Clayton Home Building Group. The front-loaded design and size make them well-suited for development on narrower lots, increasing inventory without straining existing infrastructure a critical advancement in the effort to expand affordable housing."
Typical American families face many hurdles and often wait longer to purchase their first home. About 75% of U.S. households are unable to afford a median-priced new home. Single-section CrossMod homes are being introduced as attainable homeownership solutions for a wider range of budgets and lifestyles. The featured Cypress model is 990 square feet with two bedrooms and two bathrooms and is expected to cost roughly $200,000 in most markets including land. CrossMod homes combine off-site construction with features of site-built houses and use a front-loaded, smaller footprint suited for urban infill and narrower lots. A prototype exploring removal of a permanent chassis could reduce costs, improve exterior design and expand supply in certain markets.
Read at www.housingwire.com
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