Home Depot has made a significant $18 billion investment in the US housing market, offering affordable prefab homes ranging from 1 bed, 1 bath for $44,000 to 3 bed, 2 bath for $47,000 with financing options. The larger home comes with 1022 square feet of living space and delivery for $55.
Housing market affordability is so strained that Home Depot is selling tiny homes for $19,000 to $98,000 Home Depot is following in the footsteps of Sears, which sold over 70,000 mail-order homes between 1908 and 1942. My latest for @ResidentialClub https://t.co/qPFcA2D5if
Would you live there? https://t.co/y9ft878oUQ
Current state of the housing market: Home Depot is now selling 3 bed 2 bath homes for $47,000. They are even providing financing with payments of *just* $3,917/month for 12 months. The home is delivered directly to you for $55 and it has 1022 square feet of living space. Home… https://t.co/z1HJHOcJM6
Home Depot is offering this Would you live in it for $44k? https://t.co/akbmeuZGS8
Home Depot offering a 1 bed, 1 bath 540sq ft prefab house for 44k. Thoughts? https://t.co/X1qp9uFbCc
🇺🇸 Home Depot has bet $18bn on US housing market paralysis https://t.co/Z3VcQbGlQ7