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In the late 1980s, UDC established a reputation in the Phoenix high-end "move-up" market for homes that backed onto golf courses, artificial lakes, and mountains. [12] It was the second-largest homebuilder in Phoenix in the early 1990s, with 1,654 permits in 1994 alone; that year, it was the ninth-largest homebuilder in the country. [13]
Meritage Homes was founded in 1985 as Monterey Homes in Scottsdale, Arizona, by Steve Hilton and William "Bill" Cleverly. [8] In 1997, the company changed its name to Meritage Homes Corp, and began trading on the New York Stock Exchange under the symbol MTH. [8] In 2011, the company unveiled its first net-zero energy homes, in Buckeye, Arizona. [9]
Example of a modern manufactured home in New Alexandria, Pennsylvania. 28 by 60 feet (8.5 m × 18.3 m) Manufactured home foundation Mobile homes built in the United States since June 1976, legally referred to as manufactured homes, are required to meet FHA certification requirements and come with attached metal certification tags.
The MHINCC distinguishes among several types of factory-built housing: manufactured homes, modular homes, panelized homes, pre-cut homes, and mobile homes. From the same source, mobile home "is the term used for manufactured homes produced prior to June 15, 1976, when the HUD Code went into effect."
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]
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