Exploring Modular Homes as a Solution to the U.S. Housing Crisis In recent discussions, the U.S. housing market faces a significant challenge with median home prices soaring to over $422,000, a 39% increase from five years ago, alongside a 15% drop in home sales and 6.5% mortgage rates. President Trump is considering declaring a national housing emergency, prompting innovative responses from HUD. Secretary Scott Turner highlights a modular housing showcase on the National Mall, where Americans c