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In 2019 the company's gross revenue was $169 million, versus $162 million in 2018. Approximately half of their sales are in Texas. Their consumer loan portfolio was worth $105 million at an average APR of 14%. They also had $92.3 million in manufactured home park loans at variable rates, typically 4% over prime. [5] [3]
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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 ]
James L. Clayton Sr. (born March 2, 1934) is an American businessman, investor, and philanthropist. He founded Clayton Homes in 1966 and built it into the United States' largest producer and seller of manufactured housing, a formerly publicly traded company that was sold to Berkshire Hathaway in 2003 for $1.7 billion.
In the case of tiny homes, what looks good on reality TV might be much less appealing in real life -- especially if you have children.
A tiny home uses about three to four kW of power per day, while a traditional home uses an average of 26-33 kW daily. ( Ecobee ) Residents of tiny homes have an ecological footprint that is 45 ...
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."
Mar. 10—Pam Halbert and her elderly mother had been living together in a 1979 manufactured home worth about $45,000 when it was destroyed by the Almeda fire. They're now faced with manufactured ...