Amidst rising mortgage rates, Cavco Industries (CVCO) stands out as a small homebuilder poised for growth. With a focus on manufactured homes, Cavco is well-positioned to address the growing need for affordable housing across the U.S. Despite some concerns regarding valuation, its strong sales volume, increasing backlog, and strategic positioning within the industry make it a compelling investment opportunity.
Havenpark Communities, a leading operator and developer of manufactured home communities, has announced exceeding its ambitious goal of $27.6 million in capital improvements across its communities in 2024. The company is now on track to invest a total of $30.1 million by year’s end, demonstrating its commitment to providing residents with well-maintained and thriving communities.
