With
the recent and unrelenting media coverage of the housing market, price
depreciation, bank failures, and unprecedented government intervention in the
mortgage industry, we’re finding that many folks these days are apprehensive
about beginning the home-building process during this adjustment period in the
housing market. We can’t say that we blame you.
It’s a sad fact that many homeowners each year find themselves victim to
unscrupulous lenders or builders without the financial resources and
managerial experience necessary to succeed in a competitive market; in
fact, we expect to see some consolidation in our field over the next
12-24 months as some modular and manufactured home-builders close up
shop or are absorbed by large, publicly-held corporations. However,
the Pine Grove Housing Group is a nationally regarded leader in the
field of manufactured and modular homes, and we’ve worked hard to
carefully and deliberately cultivate a reputation as solid as the homes
we build with the hundreds of local builders and retailers that we
serve, lenders, and state, county, and local officials. As an
industry-leader, Pine Grove’s finances are without question and our
management and experience are second to none.
Of course, any participant in a cyclical market such as the housing
market must take certain financial precautions and make operational adjustments
when times get a little tough. Some builders out there are using cheaper
materials and others are trimming key, but dispensable positions, such as those
in quality control. We aren’t doing any of that. Instead, we’re building the
same high-quality homes that we always have, but are leveraging our purchasing
power to acquire the same building materials at a lower cost. And while we’re
certainly watching unnecessary expenses, we’re not cutting corners that end up
causing far more problems than they’re worth. In short, we’re going to continue
to build the same well-designed and solidly-built homes that we have for the
past twenty-seven years.
If you are ready to purchase your dream home, you can buy with confidence having Pine Grove or Pleasant Valley as your manufacturer of choice.