The Joffe family says that business has been booming for their company HomeQuest, one of the largest residential builders in the western U.S., since their selection as a Business Journal 2023 Family-Owned Business award winner.
HomeQuest has been riding California’s wave of demand for new manufactured homes during a statewide housing shortage.
“Manufactured homes have remained a more affordable option than site-built tract homes throughout the country,” Shane Joffe, HomeQuest’s managing partner sales and marketing manager said in a statement, “but especially in the western U.S. where real estate and the cost of living are typically higher.”
HomeQuest said it plans to deliver manufactured homes to 40 vacant spaces in mobile home park Rancho Robles in Visalia and 50 spaces in Roadrunner Golf & Country Club, a community in Borrego Springs for residents 55 years of age and older. Homes in Borrego Springs were listed at $350,000 in January this year.
HomeQuest’s customers are able to afford varying price levels. They range from Section 8 housing participants to tiny-house and accessory dwelling units (ADU) buyers to seekers of coastal vacation homes. Their advertised listing prices range from $79,000 to over $700,000.
The company got its start in 1998, when founder Jim Joffe, Shane Joffe’s father, saw the opportunity in selling to residents of mobile home parks and recreational vehicle resorts. Shane Joffe has since taken over the business from his father.
Other family members in the business include Shane’s brother, Kyle Joffe, and Shane’s wife, Marina, who handles sales for the company.
The company is projecting manufactured home sales to grow another 25% to 50% by the end of 2024.
“As affordable housing continues to be top of mind with homebuyers, industry experts and the government, manufacturing housing sales will continue to increase exponentially,” Joffe said.
Among those are some of HomeQuest’s recent deliveries in mobile home parks in Hemet and Santa Margarita.
