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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 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]
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 ]
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 ...
Explore More: Check Your $2 Bills — They Could Be Worth a Ton. 1. 1943-D Lincoln Bronze Wheat Penny — $2.3 million. ... 10 Home Features That Have Decreased the Most in Popularity (And How ...
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Modern modular tiny homes are customizable and efficient, allowing for easy expansion when needed. Treehouses, elevated tiny dwellings, offer a whimsical living experience.
KB Home is an American homebuilding company founded in 1957 as Kaufman & Broad in Detroit, Michigan. It was the first company to be traded on the New York Stock Exchange as a home builder. Its headquarters are in Los Angeles, California. The company has built 600,000 homes since its founding. [2] It builds homes primarily for first-time home ...