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To keep his prices down, he saved on building costs in a number of ways: by taking ideas from the assembly line, by creating great quantities of houses, by building them in proximity to each other, and by using the same plans over and over. In the 1950s these newly built homes were priced around $12,000. [2]
Champion Homes was founded in 1953 as a single manufacturing facility in the small town of Dryden in rural Michigan by Walter W. Clark and Henry E. George. [4]In 2005, Champion was the first manufacturer to build privatized modular housing for the military.
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.
CP Morgan offered homes that ranged from 1,000 to 5,000 square feet (460 m 2), with starting prices of $95,000 - $260,000. The company focused primarily on single-family homes for first time and first time move-up homebuyers.
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In 1998, it sold 9,430 houses in 252 communities in 18 states, at an average price of $182,000. That year it acquired Regency Communities of Tampa and exited the markets of Portland, Oregon, Salt Lake City, and the Delaware Valley. [5] In July 2012, the company acquired the Charlotte and Raleigh operations and assets of Timberstone Homes. [6]
Hudson Palmer Homes, formerly known as the David Cutler Group, is a leading regional homebuilder. Most of its homes are single-family luxury residences [1] and communities in Berks County, Pennsylvania; Bucks County, Pennsylvania; Chester County, Pennsylvania; Montgomery County, Pennsylvania [2] and Delaware County, Pennsylvania.
The company also built homes in communities in Georgia and Tennessee, [7] but returned to Florida exclusivity after a couple years. At the end of the 2003 fiscal year, ICI Homes had marked a total of 10,000 closed homes. The subprime mortgage crisis that began in 2007 hit the new home construction industry especially hard. ICI Homes prevailed ...
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