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Homes Sales Hum During Kentucky Community’s Expansion

Autumn Leaf Estate manufactured home community Kentucky

Louisville Area Community Autumn Leaf Estates Doubles Number of Homesites

Autumn Leaf Estates south of Louisville in Shepherdsville, Ky., last year doubled in size and is selling homes in a high-demand area to buyers who are overjoyed to move their family into a new home of their own.

Brothers Tony and Brad Wilcox own Autumn Leaf, as well as the neighboring community, Hickory Acres, with a third partner, Mike Whobrey.

“Autumn Leaf was originally approved as a 231-lot community,” Tony Wilcox said. “The original developer in 2000 only developed the front half of the property and stopped.”

When the Wilcox brothers were able to acquire the community in 2016, they took a two staged approach.  First, they needed to make several hundred thousand dollars in improvements to the developed portion of the property. The manufactured home community was stabilized and brought to 100% occupancy. Next, they set out to complete the development in 2019.

In addition to doubling the number of homesites, new sewer lines, waterlines, power, roads, and 115 driveways need to be completed.

The second section developed in 2019 is about 40% occupied. 

“It wasn’t planned as a phase one and phase two, but it just worked out that way,” Brad Wilcox said. “We figured there would be about a three- to five-year absorption rate, and we now think it will be closer to three years than five.”

‘There is active management and support in ensuring that everything looks great and everyone is safe and proud to be here’

New Homes for Sale

Autumn Leaf Estates primarily sells Fleetwood and Clayton Maynardville but also sells Champion Homes out of Kentucky and Tennessee as well as Hamilton from Alabama. Autumn Leaf has overflow parking and will get a pair of upgraded bus stop facilities for the school children, as well as a community park that will include a playground, picnic tables, grills and open spaces. 

Kristee Fuhrman is the general manager for both of the Wilcox’s properties. She said landscape design has been top of mind through the expansion.

“We really want to provide the view our residents and prospects want to see,” Fuhrman said. “By far the biggest compliment we receive is that we are the nicest community in the area. We are constantly upgrading and improving the community.”

Selling Homes During the Pandemic

Demand for affordable housing is at an all-time high, yet the pandemic and COVID-19 protocols and restrictions continue to make home availability a challenge. The office takes appointments now rather than allowing walk-ins, for instance.

Autumn Leaf Estates birds eye view
Autumn Leaf Estates, Shepherdsville, Ky.

“We spent a lot more time uploading photos and sharing website links with customers to reduce the foot traffic,” Fuhrman said. “We have relied more on virtual tours and using those MHVillage home sales leads.

“It hasn’t slowed down in terms of home sales, we’ve stayed very steady,” she said.

Fuhrman said residents in both communities have been able to deal admirably with the challenges of 2020.

While rent must be collected, we have been extra conscious about working with and helping people, especially residents who communicate and make a plan with us.  There has been very little turnover during this difficult time which is somewhat unique. 

Brad Wilcox said he and his brother, along with Fuhrman and two full time maintenance professionals, consistently walk the properties to look for and address issues as well as opportunities to improve the resident experience.

“There is a constant eye on the properties as we have employees who live with their families in each of our communities,” Brad Wilcox said. “There is active management and support in ensuring that everything looks great and everyone is safe and proud to be here.”

‘A Great Place to Be’

Jessica True and her family have lived at Autumn Leaf for about three years.

The entry lane to Autumn Leaf Estates. Photos courtesy of Autumn Leaf.

“The community is a great place to be and our neighbors are all great people,” True said. “Everyone helps each other out. Our neighbor across the street from us mowed our yard because my husband and I have been working crazy hours.

“Whenever we have any issues with our home or anything of that matter, Kristee has been helpful and gets it all taken care of in a quick amount of time. I wouldn’t want to live anywhere else,” she said.

Virtual Tour Best Practices for Home Sellers

Home community virtual tours best practices
Colony Cove, Ellenton, Fla.

The MHInsider blog for Manufactured Housing Professionals strongly encourages readers to follow guidelines provided by local, state, and national authorities (including the CDC) regarding COVID-19 safety procedures.

Virtual Tours on the Rise for Home Sellers, Homebuyers

For many years, virtual tours existed near the periphery of the home buying process — nice to offer on a listing but not yet ready for prime time.

But the fight against the spread of COVID-19, including restrictions on group gatherings and other social and economic norms, puts virtual tours in the real estate spotlight like never before.

One big reason: they help prospective manufactured home buyers practice shelter-in-place and social distancing practices espoused by health experts. The National Association of Realtors reports that the average home buyer visits 10 homes over 10 weeks before a purchase, and those numbers seem untenable in today’s climate. However, accessing a listing directly from a desktop or laptop computer practically eliminates risk from the home shopping equation.

If you, your brokerage, or your community is considering a virtual tour — a digital simulation of a property that leverages video, photos, and imagery — here are five virtual tour best practices to consider.

Home exterior Virtual Tour best practices

Review Your Software

When it comes to real estate virtual tour software, there are many from which to choose. The particular use-case will help determine which one you select:

  • Is a comprehensive, all-in-one solution necessary?
  • Will collecting the various digital assets to compose a virtual tour be an issue?
  • At what resolution will prospective buyers view the virtual tour?

There are some good options out there. Take a quick look at one of the top search results for leading real estate virtual tour software packages.

If photographing model homes — and COVID-19 best practices allow for it — consider professional photographers who offer Matterport Virtual Tour services or a similar service.

Set the Stage

virtual tour best practices bathroomJust as with an in-person tour, the property must look its best. That means:

To extend the theater metaphor just a bit further, rehearse a walk-through before the cameras roll. This includes capturing video, still images, or 3D virtual tour/360-degree virtual tour display.

If the virtual tour is for a model home, put away any marketing materials such as flyers, posters, and table tents.

A tip: Creating a list of each room and its most attractive qualities will help ensure that all footage necessary to create an effective virtual tour is captured.

Pool area virtual tour best practices

Look at Live Tours

Several popular online destinations now incorporate live video into their platforms, including:

  • Facebook
  • YouTube
  • Instagram

Add device-focused Skype from Microsoft and FaceTime from Apple and home sellers today can host their own broadcasts and make the home listing the star of the show.

In the right circumstances — perhaps a currently unoccupied listing cleaned beforehand to the CDC’s recommendations — arranging a live video walkthrough for a prospective manufactured home buyer is a relatively straightforward process.

One caveat: Reliable network connectivity is a must. Fortunately, there are several tools to help gauge connection speeds. One of the simplest ways to check internet speed is to do a Google search for “internet speed test”, then click the blue “Run Speed Test” button on the top search result.

Community video virtual tour best practices
Schalamar Creek, Lakeland, Fla.

Offer a Different Perspective

There are few real estate offerings as attractive as a manufactured home nestled within a great land-lease community. Yet, highlighting those offerings can be a challenge in a crowded market.

To play up any especially distinctive features of a listing, consider drone footage of the property and surrounding area. Proximity to a community center, pool, play area, or beautiful natural splendor may add distinction to a virtual tour.

Get Up Close and Personal

virtual tour best practices up close photos
A new home from Fairmont, on display at The Louisville Show in 2020.

Even the best virtual tours cannot completely replicate the experience of being on-site … but they can come closer if you implement these virtual tour best practices and offer buyers a thorough sense of a home’s condition.

That’s because manufactured home buyers aren’t just interested in the general characteristics of a home. They want to know whether the carpet is worn, whether there’s any water damage near the windows, what sort of shape the roof is in, and other similar detail.

It’s easy to share this information. Increase the frequency and scope of close-ups at a listing during live video or more traditional virtual tour offerings.

Read More from the MHInsider blog for Manufactured Housing Professionals

MHInsider will continue tracking COVID-19 developments and their impact on the manufactured housing market, so bookmark our site now


Looking for more about marketing manufactured homes? MHInsider’s marketing-related posts include Analytics Matter: Fundamental Metrics to Understand Your Web Traffic and Manufactured Housing Industry Trends and Statistics.

New Year Continues Challenging Regulatory Environment

By Jeffrey Barringer

Manufactured housing covers a diverse range of business interests, stretching from home builders and installers to lenders and community operators, plus everyone in between. This diversity is one of the industry’s greatest strengths. However, when lenders are unfamiliar with how homes are built and manufacturers have limited understanding of community operations, that strength can also be a weakness—especially when the industry struggles to work together.

Jeffrey Barringer, McGlinchey Stafford

Hopefully, this new column will help every corner of manufactured housing better understand how these component parts, as well as the underlying regulatory requirements, fit together.

Each issue, this space will highlight recent legal developments at the federal and state levels that affect manufactured housing. Sprinkled throughout will be high-level “explainers” of various topics, including the HUD Code, federal preemption, transportation requirements, home titling and financing, code enforcement, and manufactured home community regulations. While the information provided here will never be an all-inclusive answer—you should always consult independent legal counsel for help with your specific legal question—it will help clear the cloud of confusion.

Of course, last year was another busy year for manufactured housing, with the industry witnessing several updates that have reshaped — and continue to reshape — the manufactured housing industry regulatory landscape as we begin a new year.

At the federal level, HUD published final rules concerning Streamlining and Aligning the Formaldehyde Emission Control Standards (published January 31, 2020) and Minimum Payments to the State Administrative Agencies (published November 12, 2020). Together, these rules are the first revisions to the HUD Code in roughly two years. HUD also published multiple emergency actions to help home builders navigate supply chain challenges caused by the COVID-19 pandemic and even managed to host several teleconference meetings of the Manufactured Housing Consensus Committee.

Manufactured Housing Industry State Regulatory Changes

Not to be outdone, there was also significant activity at the state level. Highlighting a few priority updates, in March, West Virginia adopted Senate Bill 651 (2020), which amended the state’s definition of “mortgage loan originator,” clarifying the term with respect to retail sellers of manufactured and modular homes. A few months later in May, the Maryland Legislature enacted Senate Bill 155 (2020), which amended its definition of “mortgage loan originator” and introduced additional consumer protections, including an obligation of good faith and fair dealing when retail sellers provide financing information to prospective manufactured home borrowers and a requirement that lenders serve written notice on a borrower at least 30 days before repossession of a home. (West Virginia and Maryland are the most recent states to align their respective state requirements with federal revisions to the Truth in Lending Act following passage of the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018.) Most recently, in October, HUD officially assumed responsibility for the installation of new manufactured homes in Pennsylvania, a program change the state’s Department of Community and Economic Development first announced in 2019. This brings to 15 the number of states that do not administer their own manufactured home installation program.

manufactured housing industry regulatory new home kitchen
Photo courtesy of Tharakan Consulting.

Perhaps last year’s most significant development, which will go into effect on March 15, 2021, occurred last January when HUD published its proposed rule to amend the HUD Code. One year later, HUD recently published its long-awaited final rule—the most substantial update to the HUD Code in approximately a decade. Naturally, this will spur activity at the state level, as the states amend their respective requirements to incorporate (or at least accommodate) the federal changes. 

Needless to say, the regulatory environment for manufactured housing is constantly changing, and this year will be no different. From a comprehensive federal building code—the Construction and Safety Standards—that is further complicated by state oversight of installation standards to detailed state and federal requirements regarding how to title and finance a home, staying current with all these rules demands special attention. We will be here, keeping you up to speed.

Cheers to a healthy and prosperous New Year.

Attorneys Jeffrey Barringer and co-author Devin Leary-Hanebrink practice with McGlinchey Stafford PLLC. They help clients navigate the alphabet soup of state and federal agencies that regulate a wide range of industries, including banking, consumer financial services, housing, and construction. McGlinchey Stafford PLLC is a multi-service law firm with a national presence serving clients from offices in Alabama, California, Florida, Louisiana, Massachusetts, Mississippi, New York, Ohio, Tennessee, and Washington, D.C.

Michigan JLT Market Reports with Information on Manufactured Home Communities Available Now

Michigan JLT Market Reports Feb 2021

Datacomp, publisher of JLT Market Reports and the nation’s #1 provider of market data for the manufactured housing industry, announces the publication of its February  2021 mobile home rent comps, occupancy, and other vital data on Michigan manufactured home communities.

Recognized as the industry standard for manufactured home community market analysis for more than 20 years, JLT Market Reports provide detailed research and information on manufactured home communities located in 186 primary housing markets throughout the United States. This includes the latest rent trends and statistics, marketing programs and a variety of other useful management insights.

Datacomp’s manufactured housing market data published in the February 2021 JLT Market Reports includes information on investment-grade  “all ages” and “55+” manufactured home communities. Altogether, the Michigan reports include data representations for 122,701 homesites.

  • Midwest region manufactured home communities show a year-over-year 2.9% increase in adjusted rent
  • Midwest region manufactured home communities show a year-over-year 2.3% increase in occupancy

“Adjusted rent throughout Michigan increased an average of 2.9%, with only one market showing a decrease in adjusted rent,” Datacomp Co-President and Chief Business Development Officer Darren Krolewski said. “Occupancy also increased in all but one market in the state.”

What’s in JLT Market Reports?

Each JLT manufactured home community rent and occupancy report from Datacomp has detailed information about investment grade communities in the major markets. The detailed information includes:

  • Number of homesites
  • Occupancy rates
  • Average community rents, and increases
  • Community amenities
  • Vacant lots
  • Repossessed and inventory homes, and much more

Established reports show trends in each market with a comparison of February 2021 rents and occupancy rates to February 2020. In addition, JLT Markt Reports include a historical recap of rents and occupancy from 1996 to present date in most markets.

The February 2021 JLT Market Reports for 17 markets in Michigan are available for purchase and immediate download online at the Datacomp JLT Market Report, or they may be ordered by phone in electronic or printed editions at (800) 588-5426.

Each fully updated report for mobile home communities is a comprehensive look at investment grade properties within a market, enabling owners and managers, lenders, appraisers, brokers and other organizations to effectively benchmark those communities and make informed decisions.

Nexus Commercial Realty Merges with Capstone Companies, Largest Private Sales Brokerage

Nexus Capstone investment Sales Brokerage
Nexus Commercial Realty, a Denver, CO-based commercial multi-family investment sales firm, announces it is joining forces with Charlotte, N.C.-based Capstone Companies, the country’s largest privately owned multi-family investment sales brokerage.

Capstone Companies and Nexus Commercial Realty have combined forces to enhance the coverage and services provided by the country’s largest privately-owned multi-family investment sales brokerage.

Charlotte, N.C.-based Capstone operates in eight states, and in 2020 sold more than 21,000 units and opened three new offices, one in Georgia, and a pair in Oklahoma.

“Capstone is always focused on how we can grow and improve our firm for the benefit of our clients and our existing team, and we are certain this partnership is meeting both of those goals,” Capstone Co-Founder & Managing Partner Brian Ford said. The Nexus team has achieved tremendous success in our industry to date, and we only see upside in our future together.

Founded in Denver in 2017 by Adam Riddle and Jason Koch, Nexus specializes in multi-housing investment sales brokerage and advisory services through the middle and upper plains. 

“This expansion will add significant value for our loyal clients, further helping them grow into multiple new markets across the country and extending additional servicing capabilities, such as larger institutional assets, land sales, manufactured housing, and equity solutions,” Riddle said.

Established in 2008, Capstone Companies has completed transactions in 35 states, with over 80,000 units sold. The brokerage provides advisory services for clients across the private, public, institutional, and non-profit sectors with expertise in various types of multi-housing, including conventional apartments, student housing, affordable housing, manufactured housing, multi-housing development sites, and capital placement.


MHInsider is a publication of MHVillage and is the premier source of manufactured housing news with a national audience of manufactured housing professionals dedicated to producing and delivering high quality, affordable, off-site built housing.

Marina Community in Illinois Offers Nearby Getaway

Heritage Harbor Sunset Illinois Community

Ninety miles southwest of downtown Chicago, Heritage Harbor is anchored by a 32-acre harbor, made from a former shale quarry opened to the Illinois River, protected by a resplendent stone seawall.

Bruce Thompson URBANEER Heritage Harbor feature author
Bruce Thompson, URBANEER

For the boaters of the world, this is the first stop on the Great Loop out of Chicago. Boaters can navigate Lake Michigan and access the great Mississippi, the Saint Lawrence Seaway and the Atlantic Intracoastal Waterway, as well as points south to the Gulf of Mexico.

As you approach the resort, the hills of the river valley provide a beautiful backdrop to the homes and commercial structures that surround the marina. Just minutes from Ottawa, a town of 20,000 residents, the resort is adjacent a canal system once responsible for transportation of vital cargo from Chicago south. While the canal is long gone, the tow path remains part of a 60-mile walking trail.

Heritage Harbor is the vision of Tom Heimsoth, a former tech executive who sold his company and chose to develop this special master-planned resort community. His passion is evident in both the scale of the project and the work that he has done in the area to promote tourism.

As a former tech innovator, I appreciate the tangibility of developing the built environment versus software. Lines of code can be overwritten in seconds but moving dirt somewhat resembles permanence.

A Rich Housing Mix at Heritage Harbor

Touring the property, among the initial observations was the indistinguishability between the 130 homes, from site-built to factory-built. Forty-five of the homes were made by one of two modular builders, Homeway and Ritzcraft, and the other 85 were constructed on-site. Tom and the development team, led by Kevin Donovan, understand that building off-site is the future. They are working hard to secure a supply chain that can help complete the additional 550 homes that have been approved by the municipality.

The benefits of producing manufactured and modular homes off site centers on predictability — timing, cost, and quality. As their sales waiting list grows it is important to deliver units that can be quickly occupied by owners, or as part of a growing rental business managed by the resort. Offsite manufacturing also offers an opportunity to pre-engineer interiors to provide a higher level of quality and ultimately a better occupant experience.

Tom and his team have anticipated the changing demographics of potential residents and visitors. Households today represent bookends: One in five households now living solo and one in five are multi-generational. The master plan for Heritage Harbor calls for a mix of units ranging in size from 400 square feet to large custom homesites to accommodate these trends.

The housing types under development will appeal to both boaters and Chicago residents who are looking for a quick escape. In addition, there are plans for an active adult community to be operated by a third-party management team.

Lifestyle Drives Demand at Heritage Harbor

With 10,000 people turning 65 each day in the U.S., Baby Boomer Chicagoans and others are looking to downsize from their large suburban homes. Heritage Harbor’s location provides a destination that is a world away yet still accessible to big city healthcare and other amenities.

Nearby, Ottawa is a year-round community with a great food and brewery scene and local businesses that represent a level of authenticity that is appealing to many visitors. Located just off I-80 it is easy to access, but at the same time feels removed from the hustle of Chicagoland.

As COVID0-19 continues to transform how we live, how we work and play, Heritage Harbor stands to gain more attention, and new residents.

More than 14 million people relocated by mid-2020 due to the increased ability to learn and work remotely, according to USPS data. While some behaviors will revert back, it is evident that new patterns will endure and transform the real estate market.

Heritage Harbor, in its way, is the convergence of the past and future.

The canal system that took 30 years to build operated for 30 more years before rail transportation provided the more efficient way. It is a good reminder that even innovation in the built environment can be fleeting. Today, Heritage Harbor is a node on a new network that supports remote work, learning, and telehealth  — a way to both connect and disconnect — with a front seat view for the evolution of construction.

California Lawmakers Vote to Assist Property Owners During Continued Eviction Moratorium

Lawmakers at the California State Capitol overwhelmingly approved of California Senate Bill 91.

If signed and enacted, the recently approved California Senate Bill 91 will route to property owners a planned $2.6 billion in funding to cover missed rent and utility payment in the state during the elongated eviction moratorium related to coronavirus safety measures and business disruptions.

California Gov. Gavin Newsom on the same day signed the bill, which won wide support in Sacramento from lawmakers on both sides of the aisle.

“We continue to have concerns about how repayment to property owners will be administered, but the passage of SB 91 enacts a reasonable stop-gap to protect both tenants and property owners affected by the COVID-19 crisis,” Western Manufactured Housing Industry Association Executive Director Sheila Dey said is a prepared statement. “We look forward to working with the Legislature and the Administration to ensure manufactured housing communities remain a viable option for hundreds of thousands of California families.”

California Senate Bill 91

The Tenancy: Federal Rental Assistance Bill passed 72-1 on the state assembly floor Jan. 28, 2021.

“We are extending the eviction moratorium to June 30 and distributing the federal stimulus funds quickly and equitably across the state,” Senate President Pro Tempore Toni G. Atkins, D-San Diego. “We are also providing additional safeguards to protect Californians from landlords and creditors acting in bad faith. This agreement, which is the strongest in the nation, works within the framework required by federal law regarding eligibility, prioritizing rent payments past due, and providing a timeframe in which the funds must be used.

“Today’s actions to protect tenants and small landlords does not mean our work is over,” she said. “We are actively pursuing early budget actions that will address the most pressing needs caused by the pandemic, and the decisions we make are being viewed through the lens of how they can make life better for those among us struggling the most.”


Read more news about eviction moratorium issued at the federal level by the Center for Disease Control and the Federal Housing Administration.

MHI Postpones Congress & Expo

mhi postpones congress & exp

Congress & Expo 2021 Moved from Spring, MHI Works on Potential Summer Dates

The Manufactured Housing Institute sent out an advisory stating it will postpone the 2021 Congress & Expo beyond the month of April.

“After ongoing discussions with our event partners in Las Vegas and at the MGM Grand, MHI has determined that the 2021 Congress & Expo will not take place in April. We are working toward holding the event in person later in 2021 and appreciate your patience as we continue these discussions,” the advisory stated.

MHI’s Congress & Expo is a national trade show where manufactured housing professionals can obtain the knowledge and resources to excel in today’s housing marketplace. MNI provides top-quality speakers and powerful educational programs, prime networking events with the industry’s most successful professionals, as well as the latest products and technologies.

MHI continues to explore paths forward for an in-person event, in a manner that is both safe, and efficient.

“The health and safety of our attendees, exhibitors, sponsors, and staff remain a top priority,” the MHI statement said.

 


Manufactured housing industry professionals can check back regularly for the latest manufactured housing news on all fronts including the latest information on manufactured housing industry conferences, trade shows, and events.

Skyline Top Manufactured Home Builder in Consumer Survey

mortgage applications trend up
Photo courtesy of Skyline Champion Corporation.

Skyline Homes and other Skyline Champion Corporation brands topped the list of America’s most trusted manufactured home builders, according to recent consumer research from Lifestory Research.

The 2021 America’s Most Trusted® Manufactured Home Builder Brand Study surveys consumers actively in the market for a new manufactured home. Factory-built home buyers selected Skyline as the brand that earned the highest confidence. The report also shows that Skyline Champion’s brands – Skyline Homes, Genesis Homes, and Champion Homes – captured the top 3 spots in the national trust rankings.

“At Skyline, we don’t just stop at creating premier living spaces — we always aim higher,” said Mark Yost, President and CEO of Skyline Champion Corporation. “We’re incredibly honored by both the faith our valued customers have placed in our Skyline brand and this recognition. We look forward to many more years of delivering the very best homes and home-buying experiences.”

The study ranked the market’s top home builders by surveying 24,377 people looking for manufactured homes during 2020. It was conducted in 35 leading manufactured housing markets in the United States.

Lifestory Net Quotient Score is an independent ranking of the brands that most successfully put their customers first and gain trust, the company states. Skyline earned a Net Trust Quotient Score of 103.5 and the 5 Star Trust Rating among survey respondents, placing it at the top of the list.

Skyline Champion credits its innovative team of designers and engineers, skilled homebuilders, and committed service technicians who take care of the customer for the continued legacy of trust in the manufactured home marketplace.

Datacomp Releases Manufactured Home Community JLT Market Reports for Ariz., Ga., N.C., N.M., Nev., Utah

JLT Market Reports for Arizona

Datacomp, publisher of JLT Market Reports and the nation’s #1 provider of market data for the manufactured housing industry, announces the publication of its January  2021 mobile home rent comps, occupancy, and other vital data on manufactured home communities from 14 markets in Arizona, Georgia, Nevada, New Mexico, North Carolina, and Utah.

Recognized as the industry standard for manufactured home community market analysis for more than 20 years, JLT Market Reports provide detailed research and information on manufactured home communities located in more 186 primary housing markets throughout the United States. This includes the latest rent trends and statistics, marketing programs and a variety of other useful management insights.

Datacomp’s manufactured housing market data published in the January 2021 JLT Market Reports includes information on investment-grade  “all ages” and “55+” manufactured home communities.. Altogether, the reports include data representations for 92,578 homesites.

Regional Trends in Manufactured Housing Community Rent, Occupancy

  • South region manufactured home communities show a year-over-year 4.5% increase in rent and a 0.8% increase in occupancy.
  • West region manufactured home communities show a year-over-year 4.2% increase in rent and a 0.7% increase in occupancy

“Average adjusted rent increased in each market represented in the January 2021 JLT Market Report publications on manufactured home communities,” Datacomp Co-President and Chief Business Development Officer Darren Krolewski said. “Only a pair of markets showed a decrease in occupancy, one among all-ages communities, and another among 55+ properties.”

What’s in JLT Market Reports?

Each JLT manufactured home community rent and occupancy report from Datacomp has detailed information about investment grade communities in the major markets. The detailed information includes:

  • Number of homesites
  • Occupancy rates
  • Average community rents, and increases
  • Community amenities
  • Vacant lots
  • Repossessed and inventory homes, and much more

Established reports show trends in each market with a comparison of January 2021 rents and occupancy rates to January 2020. In addition, JLT Markt Reports include a historical recap of rents and occupancy from 1996 to present date in most markets.

The January 2021 JLT Market Reports for 14 markets in Arizona, Georgia, Nevada, New Mexico, North Carolina and Utah are available for purchase and immediate download online at the Datacomp JLT Market Report, or they may be ordered by phone in electronic or printed editions at (800) 588-5426.

Each fully updated report for mobile home communities is a comprehensive look at investment grade properties within a market, enabling owners and managers, lenders, appraisers, brokers and other organizations to effectively benchmark those communities and make informed decisions.

EVENTS

manufactured housing, manufactured housing industry events, affordable housing, fair housing, michigan

Michigan Manufactured Housing Association Meets Sept. 16-18 in Mt. Pleasant

Three Days for Manufactured Housing Professionals at Soaring Eagle in Mid Michigan Soaring Eagle Casino and Resort is the venue for the 2026 Michigan Manufactured...
Manufactured Housing, Manufactured Housing Industry, MH Professionals, MHInsider

2026 RV/MH Hall of Fame Members Inducted

Annual Induction Dinner in Elkhart Honors Five MH Veterans On Monday, Aug. 17, 2026, five new members of the RV/MH Hall of Fame from the...
manufactured housing industry events factory tours education rvmh hall of fame elkhart

2026 MH FacTOURy Summit Opens Registration

Attendee registration is now open for this year’s MH FacTOURy Summit, the annual two-day event hosted at the RV/MH Hall of Fame, from Aug....