Manufactured Homes in The Bay Area
The San Francisco Bay Area, located in Northern California, is known for its high real estate prices, making manufactured housing an increasingly popular alternative to traditional real estate. In June 2011 Coldwell Banker Real Estate published a report detailing the top 10 most expensive real estate markets in the US; the Bay Area alone accounted for three of these top 10 markets. It is mainly the value of the land that makes real estate in this area so expensive. As of May 2011, the median price of a home in Santa Clara was $498,000, while the most expensive manufactured home with all the premium features was only $249,000. This drastic price difference is due to the fact that manufactured homes are typically placed in communities where individuals do not own the land, but instead pay a monthly site fee. This enables a consumer, who could otherwise not afford to live in the Bay Area, the opportunity to own a new home in this location. There are various communities and dealers of manufactured homes in the Bay Area, the largest dealer being Alliance Manufactured Homes and the largest community being Casa de Amigos, both located in Sunnyvale, California.
Read more about this topic: Manufactured Housing
Famous quotes containing the words manufactured, homes, bay and/or area:
“By his very success in inventing labor-saving devices, modern man has manufactured an abyss of boredom that only the privileged classes in earlier civilizations have ever fathomed.”
—Lewis Mumford (1895–1990)
“The Cairo conference ... is about a complicated web of education and employment, consumption and poverty, development and health care. It is also about whether governments will follow where women have so clearly led them, toward safe, simple and reliable choices in family planning. While Cairo crackles with conflict, in the homes of the world the orthodoxies have been duly heard, and roundly ignored.”
—Anna Quindlen (b. 1952)
“Baltimore lay very near the immense protein factory of Chesapeake Bay, and out of the bay it ate divinely. I well recall the time when prime hard crabs of the channel species, blue in color, at least eight inches in length along the shell, and with snow-white meat almost as firm as soap, were hawked in Hollins Street of Summer mornings at ten cents a dozen.”
—H.L. (Henry Lewis)
“Self-esteem is the real magic wand that can form a child’s future. A child’s self-esteem affects every area of her existence, from friends she chooses, to how well she does academically in school, to what kind of job she gets, to even the person she chooses to marry.”
—Stephanie Martson (20th century)