Banks are averse to risk. This means that when they loan money they typically want collateral to make sure that if they aren’t paid back that they have some type of asset that they can sell and attempt to recoup their losses. In some cases, …
The Impresa Blog
Can Modular Homes Save Buyers from a Perfect Storm?
As the building season for 2018 starts, home buyers are facing a perfect storm. A “perfect storm” is defined as “a particularly bad or critical state of affairs, arising from a number of negative and unpredictable factors.” For the housing industry, the perfect storm is …
A Production Home or a Custom Home: Which One is Right for You?
Buying a new home is exciting. It’s fun looking at models, viewing home plans on all of the home plan sites, and checking out the latest styles and designs on HGTV or Houzz. All of this makes buying a home a thrilling experience as you …
Building a New Home versus Buying a Used Home
Let’s face it, building a new home takes effort. Buying an existing home is just plain easy. You look, you buy, you move in. Well… it’s not exactly that easy. Today’s housing market is tough. Home inventories are the lowest they have been in years. …
Building Science Makes Your New Home Better
Most people don’t think of building science when they build a new home. They start out thinking more about the floor plans and what the outside of the home will look like. Next, they start thinking about the kitchen layout and the features they want …
The Devil is in the Details
There is an old idiom that states, “The Devil is in the Details”. It refers to a catch hidden in the details. This means that something may seem simple at first but that there is more to it than expected. It seems like an appropriate …
Are We Approaching the Modular Tipping Point?
Residential construction in the U.S. has changed. While getting skilled and trained labor in many industries is hard, getting it in the construction industry has gotten more difficult than ever with no end in sight. Material prices continue to go up. Taxes and tariffs are …
Increasing Interest Rates: Your New Home Just Got Smaller
It’s happening and you don’t even know it. The silent increase in home mortgage rates is impacting your new custom home. If you are purchasing a home and you need a mortgage to do it, every interest rate increase means you qualify for a lower …
The Construction Labor Shortages Direct Impact on Home Buyers
Now is the time that prospective home buyers that are going to build their new home this year are getting serious about starting the process. One of the obvious drivers increasing demand this year is the rise in interest rates. Recent home sales statistics show …
Getting Modules from Carrier to Foundation: How Do We Do It?
Modular construction is becoming more popular so the fascination with the process of moving big boxes on the highway and then from the carrier to a foundation is growing. We answer the same questions many times each day: How much does a module weigh? How …