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These "used" homes are either re-sold to new owners or to park owners who use them as inexpensive rental units. Single-wides are more likely to be traded than double-wides because removing them from the site is easier. In fact, only about 5% of all double-wides will ever be moved. [citation needed]
Previously, units had been eight feet or less in width, but in 1956, the 10-foot (3.0 m) wide home was introduced. This helped solidify the line between mobile and house/ travel trailers , since the smaller units could be moved simply with an automobile, but the larger, wider units required the services of a professional trucking company.
In 2005, entrepreneur Dallas Tanner and several others formed the housing and apartment investment company Treehouse Group in Arizona. [5] Between 2010 and 2011, it bought 1,000 distressed houses in Phoenix, Arizona, a city heavily impacted by foreclosures caused by the subprime mortgage crisis [2] and one of the first areas where private equity investor purchases of homes for rent took place ...
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Properties that were repossessed in the first half of 2015 was 37 percent above the number of repossessions in the first half of 2006 (before the housing bubble burst). [ 113 ] Year-end : A total of 1,083,572 properties received foreclosure notices in 2015, a 3 percent decrease over 2014, and the lowest in 9 years. 0.82 percent of all ...
Personal income rose 0.6% over October, double what researchers had predicted. #10. Image credits: villagernumber487 #11. Image credits: PYT Beauty #12. Image credits: suburbanbeard.
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