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In 1908, Sears issued its first specialty catalog for houses, Book of Modern Homes and Building Plans, featuring 44 house styles ranging in price from US $360 (equal to $12,208 today) – $2,890 (equal to $98,003 today). The first mail order for a Sears house was filled that year.
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 ]
"Prefabricated" may refer to buildings built in components (e.g. panels), modules (modular homes) or transportable sections (manufactured homes), and may also be used to refer to mobile homes, i.e., houses on wheels. Although similar, the methods and design of the three vary widely.
They also had $92.3 million in manufactured home park loans at variable rates, typically 4% over prime. [5] [3] In 2018–2019, Legacy acquired five plots of land to develop into manufactured home communities, including 400 acres near Austin, Texas for $4.4 million in April 2018. [3]
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