Magnificently Built Modular Homes
You keep hearing about it, and if you are in the market for an investment property then you are living it. New home inventory, both single and multi-family is woefully low. Many of the homes that are available for sale are inadequate, or not what you are looking for. Here are the facts.
As you know the real estate market has rebounded recently. That rebound has been mostly driven by real estate investors who are buying up inventory for rental and investment properties. If you are a real estate investor, or if you are interested in becoming an investor, consider modular multi-family home construction.
There is a significant need for new multi-family housing if we want to attract young people and families and grow our population in the Boston area. In fact, multifamily housing, both for-sale and rental units, will make up at least 48% and as much as 62% of demand. And, even in suburban municipalities, demand for multifamily units will make up between 28% and 37% of total demand.
Right now the market and need for multi-family housing is huge and growing. Modular construction for multi-family homes ensures high quality, faster construction that meets and exceeds state and local building codes.
For more information on multi-family modular homes for investment properties, contact Avalon Building Systems.
Statistics from the Metropolitan Area Planning Council (MAPC) Report