Celebrating National Homeownership Month

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Celebrating National Homeownership Month

Posted by Tim on June 25, 2024
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June is National Homeownership Month, and as housing costs and mortgage rates continue to make monthly payments out of reach for many home shoppers, HomeQuest is proud to help first time homebuyers, families, and retirees get into beautiful new homes that are also affordable.

Homeownership is not only long a part of the “American dream,” it provides stability, financial security, and is the primary way to build generational wealth. The federal government defines housing as affordable when it consumes no more than 30% of household income. Only when costs are the 30% threshold can households comfortably pay their monthly housing costs while still having money left over for other monthly necessities.

“We love helping home shoppers find their perfect home in an ideal community and deliver the home and with it, the dream of homeownership,” said Shane Joffe, sales and marketing manager and partner of HomeQuest. ”We take pride in creating strong, sustainable, and inclusive communities through quality, affordable homes.”

As the leading manufactured home retailer in the Western U.S., HomeQuest works closely with eight of the largest manufacturers in the country to get clients their perfect floorplan with desired features and amenities at the most desirable price.

According to MHI (Manufactured Housing Institute), the average cost of a manufactured home in California is about $120,000, which is significantly less than the average cost of a traditional site-built home in the Golden State. This makes them a great option for first-time homebuyers, retirees, or others looking to downsize, or get into homeownership with a limited budget.

No longer the mobile homes of decades past, the manufactured homes being made and sold today feature high-quality construction built to HUD code and feature designer finishes such as upgraded flooring and cabinetry, stone countertops, barn doors, and more. Many of today’s manufactured homes also offer options of wrap-around porches, decorative facades, and garages.

From enjoying a relaxing, low-maintenance lifestyle, to building home equity faster because they are getting into homeownership, home buyers of manufactured homes are realizing the many great attributes of this housing alternative.

Contact HomeQuest and let us help you discover the affordable, environmentally friendly, and high-quality options to get you into homeownership.

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