Has Today's Modular Construction Reached Its Inflection Point?
Modular May Be Reaching Its Inflection Point. Real Estate Professionals Should Pay Attention. For years, a real estate professional could treat modular construction as a specialty subject. A buyer might occasionally ask about it. A developer might investigate it. A lender might encounter a modular construction loan. But for most agents, brokers, land professionals, and investors, understanding how modular worked was optional. I am not sure that will remain true much longer. The important question is not whether modular construction will replace site-built construction. It will not. The better question is whether modular is moving from an alternative construction method toward becoming a normal part of the housing-delivery toolbox. I believe the conditions for that shift are increasingly falling into place. The Pressure Is Coming From Housing Itself Modular does not need to win because someone comes up with a better sales pitch. The pressure is coming from the economics of housing produ...