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Stay Atop New Home Trends to Meet Customer Needs in 2018

senate bill dodd frank relief

What Are Manufacturers Bringing to Market This Year?

The manufactured home buyer is becoming more discerning with each new year, and the top home builders and retailers in the business are taking notice and responding in their new home trends.

Customers want the latest offerings with their home; the architecture, designs, and color schemes they see on their favorite HGTV show.

Industry leaders this spring are showing homes that were built to surprise and inspire.

What Drives New Home Trends?

new home trends
A new home from Fleetwood.
Design, Color, Material Choices

Tammie Davidson, national interior designer for Champion Homes, said the mid-century modern look has remained a strong customer preference, but has extended from the décor to other areas of the home as well.

“That mid-century look is back, but in the cabinetry and finishes as well as how a home is furnished,” she said. “In our southern markets we’ve introduced a lot of contemporary looking materials.

Our dealers feel we’ve done a good job with that, but have asked to also include some of the rustic elements that have been popular. So, we are implementing more of those natural colors.”

Black, white, grey and brushed wood are mainstays, but some of the latest colors can add “pop” to the room. Some of the demand for this, she said, has been the millennial buyer.

“Finally, navy blue has made an impression in the market,” Davidson said. “That’s been a real statement. I also use some soft blue and greens, but there is no implementation of a dominant color. That’s because you have to leave to the homeowner the ability to put their feel in the place.

“You have that contemporary residential look with flashes of color so that if the customer wants to change or implement something you can do that without changing everything.

Shiplap panel and flooring in a brushed white or natural wood tones have stayed strong, but Davidson says she’s been working with suppliers to gain a layered effect with that same product.

“We’re creating patterns for a layered effect on panel or vinyl flooring that gives that wood grain more of a visual depth,” she said. “The wood is staying but you need to keep it fresh.”

Energy Efficient Systems Among New Home Trends

Lindsay Ellis is the director of property marketing for Equity Lifestyle Properties. She works with community managers to ensure homebuyers see the amenities they desire when touring a home.

Ellis said among the top requests from customers are upgraded appliances and flooring.

“These features go beyond what’s offered in the standard home. So, we help put these packages together, whether that means specifying product so the home comes with these amenities or ensuring the availability to be added on.”


With the push for upgraded finishings is the desire of homebuyers to have an ensuite bathroom and added storage.

“That’s a master bedroom with an attached bathroom that likely has a double vanity and would include plenty storage space,” Ellis said. “There’s a much higher demand than ever for walk-in closets, as well. This is one of those things that people get excited about when they’re walking through a home.”

Other attributes homebuyers comment on is an open floor plan and an abundance of natural light.

“Whether that means more windows or bigger windows, it’s something that nearly every homebuyer appreciates. And energy efficiency is in high demand, from appliances to windows and doors, as well as HVAC system.”

As for built-in features, the kitchen island continues to be held in high regard. “It’s one of the top two things that people ask for, because it’s an area of functionality, especially for entertaining,” Ellis said. “It makes the kitchen look very nice, and adds counter space and storage.”

New Home Trends – Size and Functionality

Mike O’Steen is a regional vice president for Cavco.

“Our objective is to bring contemporary original floor plans to the market,” O’Steen said.

“We also need to keep in mind, along with getting the customer what they want, that keeping things simple and ready to go is essential,” he said.  “The biggest thing we’re hearing right now is that you can’t get a home fast enough. And that’s new. In years and even months previous that’s not been the case.

“We want to be delivering on an order in six weeks or less. That’s helping the customer and homeowner, creating an efficient delivery of homes,” he added.

With that in mind, Cavco has instituted foundational processes that allow the company stay efficient during times of heavy demand.

To meet new home trends, the company offers use of vinyl on gypsum wallboard as opposed to a drywall product. This simple measure means builders have any entire systemic component to the process they no longer need to consider; allowing added time and attention to the finer options customers seek.

One of the homes that debuted at The Louisville Show is a multi-section home intended for private land, which is a large portion of the sales Cavco and Fleetwood’s dealers see in Tennessee.

New Home Trends
Fleetwood Homes at The Louisville Show.

“This is a mid-level home that has a living room and den layout, ceramic tile walk-in shower and a free-standing tub. There are four bedrooms, and two bathrooms,” O’Steen said.  “In terms of trends, the shower is very popular. It’s a 48×72” shower with no door, and you just walk in and straight to the shower head.”

New Home Trends – A Question of Floor Plans

The home is bigger – at 32×76’ – than any house Cavco has brought to Louisville in more than a decade. Cavco’s other multi-section home, a 28×62’ home from the Canyon Lake series, is a “packaged up” house with a lot of options.

“You come into a foyer and have a formal dining area,” said Wade Wells, the general manager for Fleetwood in Lafayette, Tenn. “The master bath is a new set up with the walk-in tile show and free standing tub. We have a large kitchen with a lot of storage, and a gathering center in the middle of the kitchen.

“This is a spin on the traditional island, but it has a thicker bar surface and is surrounded by bar stools for people to gather,” he said. “It complements the formal dining area as a less formal gathering space.”

Walk-in Closets and Storage

The home also has spacious bedrooms with walk-in closets and built-in cabinet storage, as well as a nice utility closet and designed coat racks.

Another of Fleetwood’s latest product offering to address new home trends also is from the Canyon Lake series. However, it is a 16×76’ single-section floor plan that can meet size restriction of many manufactured home communities.

“This has a foyer entrance too, which is rare in a single wide,” Wells said. “One of the things that’s been good for us in the last couple years has been the rustic looking ceiling beam, with a fluted finish and accent grooves that adds to the look from the entry way.”

Another leading manufacturer with new product is Champion Home Builders, which sells Redman, Dutch Housing and Fortune Home brands.

“We’re showing four new homes, including a pair of Champion Community Series Homes, one single-section and one-multi section,” Champion Home Builders General Manager Jay Ciokajlo.

“Specifically, the single-section home is a new, unique floor plan. We’re really excited for attendees to see this,” he said. “It has 4-inch canned lighting, new colors and a new kitchen butcher block island.

“The floorplan has an entertainment center, which is a fixed architectural piece that most single-section home would not have.”

The bathroom has an Agile shower, which is a brand many consumers ask about, he said.

A Home For Any Setting

Jim Lashbrook is the sales manager in Topeka, Kan., for the Redman brand. He said a primary trend in 2018 will be finding ways to abide by community size restrictions with homes that will surprise.

“When we go into a show with a floorplan we want to discuss the precise market we’re looking to attract,” Lashbrook said.

“A lot of the communities we look at have older, smaller spaces. And we don’t want to build a bigger house for the sake of building a bigger house,” he said. “We want to be able to satisfy space restrictions with as much value as we can pack in. It’s small, well thought out and useful.

“You don’t feel cramped,” he said. “There’s a nice living room with plenty of storage space. It’s airy and inviting.”

Lashbrook said most of the customers who walk into a new Champion Home Builders model have one initial comment. “Wow, I didn’t know you could do this.”

“We want to drive awareness and surprise people with what we can do with a manufactured or modular home,” he said. “Even if you were in the market, or even bought a new manufactured home five years ago, the models that are being made today will really astonish the buyer.

“It’s what they see on HGTV or House Hunters and they fall in love,” Lashbrook said.

Datacomp Releases 2018 JLT Manufactured Home Community Rent, Occupancy Reports for 17 Markets in Michigan

Occupancy Rates

Comprehensive National Data Has Occupancy, Rents on the Rise

Grand Rapids, Mich. (Feb. 27, 2018) – Datacomp, publisher of JLT Market Reports and the nation’s #1 provider of market data for the manufactured housing industry, today announced the publication of its February 2018 manufactured home community rent and occupancy reports for Michigan.

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 communities located in 135 major housing markets throughout the United States, including the latest rent trends and statistics, marketing programs and a variety of other useful management insights.

About the JLT Market Reports for Michigan

jlt reports occupancy rates

Datacomp’s manufactured housing market data published in the February 2018 JLT Market Reports includes information on 408 “All ages” and “55+” manufactured home communities located throughout Michigan. Altogether, the reports include data representations for 122,012 homesites.

“The 2018 Michigan report has information from all major metro population centers in the state as well as many lower density markets, and includes information on five more retirement communities than the previous year’s report,” Datacomp Co-President and Chief Business Development Officer Darren Krolewski said. “We believe our latest reports will help improve business decision making for managers, investor, owners and other manufactured housing professionals with specific interests in Michigan markets.”

Each JLT manufactured home community rent and occupancy report published by Datacomp includes detailed information about investment grade communities in the major markets, including number of homesites, occupancy rates, average mobile home community rents and increases, community amenities, vacant sites, and repossessed and inventory homes.

JLT Market Reports also include management insights that rank communities by number of homesites, occupancy rates and highest to lowest rents. Established reports show trends in each market with a comparison of February 2018 rents and occupancy rates to February 2017, as well as a historical recap of rents and occupancy from 1996 to present date in most markets.

The February 2018 JLT Market Reports for Michigan are available for purchase and immediate download online at the Datacomp JLT Market Report website at www.datacompusa.com/JLT, 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.

Comprehensive National Data Trend Shows Occupancy, Rents on the Rise

The JLT Report Summary that covers 2017 shows annual increases in adjusted rent and occupancy rates across the board, for all ages and 55+ communities in nearly every region of the country.

Only in the southwest United States did occupancy rates dip, and by just 0.2 percent in retirement communities, while all ages communities in the region experienced a 1.7 percent increase.

Occupancy rates nationwide rose 1.1 percent from 2016, with all ages communities bumping up 1.4 percent to 90 percent and retirement communities increasing 0.7 percent to 95 percent nationwide year over year.

Adjusted rents increased nationwide year over year by 3 percent for all communities to $533 per month. The same rents at all ages communities rose 3.1 percent to $477 monthly as of Jan. 3.

About JLT Market Reports

For more than 20 years, countless professionals have trusted JLT Market Reports for timely and accurate management reports on land lease manufactured home communities. JLT Market Reports are currently published for 131 markets nationwide and are recognized as the industry standard for manufactured housing industry data. In 2014, JLT & Associates merged its resources, skills and expertise with Datacomp, the industry’s oldest and largest national manufactured home appraisal company and number one provider of market data for the manufactured housing industry, and MHVillage, the premier website for advertising mobile homes for rent and sale nationwide. For more information, or to purchase complete JLT Market Reports, call (800) 588-5426 or visit www.datacompusa.com/JLT.

Greenbriar’s Fountain of Youth

greenbriar manufactured home community
Greenbriar, an iconic manufactured home community near Indianapolis.

A Community Profile from Central Indiana, Greenbriar Has Been Characterized as an ‘Icon’ to the Industry

Greenbriar, a manufactured home community east of Indianapolis, seems to have found the proverbial fountain of youth.

“It’s really coming into its own,” said Jacob Cohron, sales manager for Greenbriar and the third generation in his family to operate communities owned by Cohron’s Homes.

When talking about the 300-pad all-ages community, the latest generation of MH professionals is only part of the current youth movement. Jacob and his father Brad Cohron have been busy infilling the 1960s-vintage property with new homes as well.

“Financing is a touch easier in the last couple years to be able to do that,” Jacob said. “We buy somewhat dependent on lot size, but we don’t have a fixed program. We buy the best of what’s available and what makes sense for the space. Recently it’s been more about what can we get in a timely manner, because factories are so busy right now.”

Cohron’s owns seven communities all within a couple miles of each other, which allows the owners and residents to benefit from efficiencies that come from roaming management, maintenance and service teams.

Lot rents are $340 with water, sewer and trash pickup included. In the spring, residents from all 1,800 spots are invited to Cohron’s Annual Strawberry Festival.

“We show them the latest homes, offer them some strawberry shortcake and have a good time,” Brad said. “We make a big day of it.”

Greenbriar Community Quick Facts

Greenbriar fountain of youth mh park
Greenbriar is an iconic central Indiana manufactured home community.

9901 Pendleton Pike
Indianapolis, IN

All ages community
300 Homesites
Built in 1968
Home Prices: $25,000-60,000
Monthly Lot Rent: $340

 

When financing tightened up more than a decade ago, Cohron’s started its own finance company and were able to keep occupancy rates high enough to avoid entering the rental market. In the last four years the finance company’s business has doubled.

“We’re selling life here,” Brad said. “We’re between the apartment and the larger neighborhood homes, and when people get a look at our properties it all seems to make sense.”

And it may seem like a minor affair, but the maintenance team makes certain to keep sidewalks and access points in good shape, as well as shoring up foundations and pouring new driveways.

Greenbriar MHP Indiana“We make a point of providing an affordable place to live that is both safe and clean. We have storage available for residents who have boats, campers or RVs,” Jacob said. “Also, we’re very close to Fort Harrison State Park, which is a good draw and helps accentuate the healthy outdoor lifestyle our residents love.”

 

The community is about a six-minute car ride from the links at Winding Ridge Golf Club, is very close to a variety of shopping centers, and has easy access to the 465 loop that winds its way around the Indianapolis metro area.

“At Greenbriar it’s all ages, but it tends to have a bit smaller homes than some of our other communities,” Jacob said. “So, there’s about 60 percent retiree residents, and younger families in first homes too. It’s a good mix.

“There are a lot of people in Greenbriar who have lived there for 30-plus years,” he said.

Yes! Acquires Nine Michigan Communities

Yes Communities Acquires Nine Michigan Communities

The Transaction with Meritus Adds 2,100 Homesites in Michigan

YES! Communities, one of the nation’s largest owners and operators of manufactured home communities, announced today that it had acquired a portfolio of nine manufactured home communities comprising over 2,100 residential home sites, all in the state of Michigan, from Meritus Communities of Bloomfield Hills.  As a result of the acquisition, the YES! portfolio now includes 188 communities across 17 states, containing over 47,000 home sites.  Terms of the transaction were not disclosed.

Steve Schaub, Chief Executive Officer of YES!, said, “We are very pleased to complete this strategic acquisition, which not only adds nine communities to our growing portfolio but also significantly increases our footprint in Michigan, one of the nation’s best markets for manufactured home communities.”

Schaub said the company is committed to growing the business through both portfolio and single property acquisitions that meet the all-age, family-oriented community model.

About YES! Communities
YES! Communities is one of the nation’s largest owners and operators of manufactured home communities, with 188 communities across 17 states containing over 47,000 residential home sites.  Based in Denver, YES! has been recognized as the Manufactured Housing Institute’s “Community Operator of the Year” award for the last eight consecutive years.  For more information, please visit www.yescommunities.com.

Tiny House & Simple Living Jamboree Finds New Home in Austin

Tiny House Jamboree Launches First Trade Event, Expands Consumer Experience

Reed Exhibitions, the world’s leading event organizer, announced today that the Tiny House & Simple Living Jamboree will move to Austin, Texas, Aug. 23-26.

Another exciting change is the first-of-its-kind, two-day trade event for tiny house industry professionals. The new format will be complete with robust education opportunities and the largest-ever collection of commercially built living structures.

tiny home simple living jamboreeThe 2018 Tiny House & Simple Living Jamboree will be held at the Travis County Exposition Center with the weekend dates to conclude the show being open to the public.

The event, acquired by Reed Exhibitions in June 2017, was held as a consumer-only event at the Arlington County Convention Center in Arlington, Texas last October.

More than 70 tiny living structures and 50 product and service exhibitors were on hand. There also was a stellar lineup of the industry luminaries to educate and entertain. The highlight of the 2017 Jamboree was the partnership with Operation Tiny Homewhich included the building of a tiny house that was donated to a Dallas area veterans outreach organization.

What to Expect at the Tiny House & Simple Living Jamboree in Austin

Tiny House & Simple Living Jamboree

At the 2018 edition, The Tiny House & Simple Living Jamboree will introduce the first industry-specific trade event. With increasing acceptance at the state and local government levels, and steady growth in tiny community developments, there is a need for increased education and a central networking event. The Jamboree also will touch on key issues facing today’s housing market, such as affordability and attainability.

The Tiny House & Simple Living Jamboree will feature an indoor/outdoor show floor with a variety of small living structures all less than 800 square feet. Builders will showcase tiny houses on wheels, park models, yurts, modular and manufactured homes. The indoor show floor will highlight all related products and services including construction materials, furniture and appliances.

“The timing is right for the expansion of the Jamboree to not only educate our consumers but also to provide more education, insights and relationship building for the professionals in the industry,” said Tiny House & Simple Living Jamboree Event Director Jon Fontane.  “As tiny living continues to grow, it is critical for the different components of the industry to come together – builders, product suppliers, real estate developers and regulators.

“In addition, Austin, Texas is one of the most progressive markets for tiny living and a city that has needs for more attainable and affordable housing,” he said. “Two new large-scale residential developments are underway and it’s clear there are more to come as the city grows.”

Tickets for the consumer weekend of the Tiny House & Simple Living Jamboree will go on sale in March. Interested professionals interested in attending can contact Jon Fontane at jfontane@reedexpo.com.

About Reed Exhibitions:

Reed Exhibitions is the world’s leading events organizer, with over 500 events in 43 countries. In 2016 Reed brought together over seven million active event participants from around the world generating billions of dollars. Reed events are held throughout the Americas, Europe, the Middle East, Asia Pacific and Africa. We serve 43 industry sectors with trade and consumer events and are part of RELX Group, a world-leading provider of professional information solutions.

New Account Look For MHVillage

screen shot of the new account page

If you access your Professional Account on MHVillage through your phone, you might have noticed something new. We have a whole new account look for MHVillage users on mobile!

Right now, it is still in “Beta”, which means we are still testing it and making sure it’s running smoothly. But we would love for you to give it a test drive and tell us what you think!

How to Access the New Account Look

New account look sign inFirst, go to mhvillage.com on your smartphone. You will see a new way to access your account.

Click the Account (Beta) link and then sign in with your normal username and password.

That will take you to the new, redesigned account look.

We’re really proud of how this came out, and we plan on taking it to the desktop very soon. However, it was a big change, with a lot of programming, so we definitely wanted to make sure it is as perfect as we can make it before we released it everywhere.

You’ll notice that we added quick links to help you get to the things you use all the time, like your listings, communities, leads and your billing information. We’ve also added links to our social media and this newsletter, so you can keep track of what is going on, right from your new account page.

Here’s another screenshot so you can see what is in store:

screen shot of the new account page

But, Wait – There’s More!

As you go through our new account design, you might notice that not everything has been given the new look. It’s all in process, but we wanted to get this into your hands as soon as possible. In fact, we have lots of new and exciting thing in the works for 2018, keep an eye on this newsletter to see what’s coming up next!

How to Advertise on Facebook

Facebook Ad Changes

According to Facebook, as of Sept. 30, 2017, the platform has 2.07 billion monthly active users with average daily users numbering 1.37 billion. These large numbers make it hard to ignore Facebook in your marketing strategy.

Facebook has changed during the years, and with the recent update on Jan. 12,  it’s becoming more and more likely that, to reach your target audience, you will have to invest in Facebook Advertising.

Advertising on Facebook offers multiple layers of audience targeting and campaign types to help you reach the preferred audience as well as maximize your return on investment (ROI).

Here are five steps to help you get started with Facebook Advertising.

Step #1: Define Your Goals

Before starting a campaign Advertising on Facebook make sure you have defined your campaign goals, budget and key performance indicators (KPIs). This will help with measuring your success against some pre-defined metrics.

Some example goals for advertising on Facebook are:

  • Increase traffic to your website from Facebook
  • Increase attendance to an open house
  • Generate mobile home listing leads
  • Boost engagement for your Facebook page
  • Increase the reach of your content on Facebook

Install Facebook Pixel

Before setting up your campaign make sure that you have the Facebook pixel installed along with event tracking. The Facebook pixel allows you to track events and create audiences for ad targeting and dynamic ads.

Locate the Facebook pixel code in the Business Manager in section the under “Events Manager”. Facebook offers documentation to help you get the pixel and events installed.

Step #2: Create Your Campaign

facebook-advertising-create-campaignBegin creating a campaign by opening Facebook’s Power Editor and clicking the “create campaign” button. Click “Use Guided Creation”. Facebook has campaign objectives broken into three categories:

  1. Awareness
  2. Consideration
  3. Conversion

For example, if we wanted to promote a mobile home listing, we would define the campaign objective as a conversion because we would want to generate leads for that listing.

Step #3: Choose Your Target Audience

facebook-advertising-audienceOnce you have saved a draft of your campaign, you will need to go to the ad set section of your campaign.

In this section you define the following:

  • Audience
  • Daily Budget
  • Campaign Schedule
  • Ad Placement

There five different custom audience types to choose in advertising on Facebook:

  1. Audience from email addresses: In the audience tab in the Facebook Business Manager console you can create an audience by uploading your email addresses. The minimum amount needed is 200. However, if you are just targeting email addresses, 1,000 is recommended for better reach. Sometimes Facebook will not serve your ads if the audience is too low.
  2. Website Traffic: Create an audience that has visited specific pages of your website. This will need the Facebook pixel installed and will need some time to populate. You can find this in audience tab.
  3. Engagement: Create an audience based on people who engage with your posts on Facebook or Instagram.
  4. App Activity: If you have an app and want to target people who have used or took specific actions.
  5. Offline Activity (Just Added): Create an audience that interacted with your business through in-store, by phone or through offline channels. You will need to define your offline events, such as phone calls in the offline event sets tab.

Advertising on Facebook offers not only the custom audiences, but you also can choose your audience by location, age, gender, language, Facebook interests and connections.

For example, if  we were promoting a mobile home listing, the audience could be customized from website traffic that visited the listing, similar listings or similar communities.

If your audience is more at the top of the funnel, meaning they are researching the area or researching your business, you could offer some free content after they fill out a lead form. These freebies may include a mobile home buyers guide, neighborhood market report or new listing updates.

Ad Placement

facebook-advertising-ad-placementFacebook gives you the option to select where your ads are shown. You can choose “Automatic Placement”. But, to begin, go with “Edit Placements” and simply choose Facebook feed ads and Facebook right column ads.

If later you want to add Instagram ads, you will need to connect your Instagram account to Facebook.

Step #4: Create Your Ads

Once you have set a daily budget, defined your audience and selected ad placements, you now go to the Ad tab of your campaign and edit your ad.

Choose a Facebook page, if you manage more than one, as well as the type of advertising on Facebook you want to create. Then ad content, such as written descriptions, photos and links.

Start with the multiple image carousel ad or the collection ad type, fill in the text, headline text and destination url.

facebook-advertising-ad-example

The destination url needs to have UTM codes codes on the end of the link to track your campaign results. UTM code is a simple code that goes on the end of your URL so you can track source, medium and campaign name.

Google offers a great tool called Campaign URL Builder that helps you add UTM codes to any URL.

If images, language and the link look good, you can click the “Review Draft Items”. When this button is clicked the campaign will be uploaded to Facebook Ads Manager. If no start date was selected the campaign will start once Facebook approves your ad.

Step #5: Analyze Your Campaign Results

Make sure you give the campaign seven to 14 days to allow for Facebook to optimize the campaign. This window of time also will ensure there is a big enough sample of data for you to analyze.

Once the campaign has had significant time to run, you want to look at the following:

  1. Relevance Score of Your Ads:  Relevance score lets you know how relevant your ads are to the target audience. It is on a scale of 1-10 and the ideal relevance score is 8 to 10; by having a higher relevance score the cost per click will be lower.
  2. Conversions: Is the campaign generating leads?
  3. Cost per Conversion: Is the campaign within your budget?

Adjust the campaign according to your pre-defined metrics to improve the results.

Facebook has many different advertising options that will help you reach your target audiences. If you want to reach more people, be sure to experiment with the different custom audiences and ad options to see what gets your business the best results!

New to Managing Manufactured Home Communities?

Manufactured Housing Industry Happenings

Our industry continues to grow, and as it does there is a similar growing need for more professionals to take part in managing manufactured home communities.

With every new community that is built, expanded or re-modeled, owners and current managers face an increasing shortage of qualified talent.

If you are new to the industry, this article will help you with some basic tips on managing manufactured home communities.

Often times managers will come from other industries like real estate, residential rent management, or even commercial property management. While the work force in our industry benefits from these new perspectives, it also can mean a bit of a learning curve when it comes to manufactured housing terms, specs and regulations.

To be honest simply learning the language can be a feat all of its own!

Here we have a great article that breaks down some of the Manufactured Housing Terms that might be foreign to a professional who is new to this industry.

While we don’t manage communities, we do work with quite a few companies that do. These folks have been in the business for a long time. Over the years we have picked up some great info on the benefits and the challenges that might come from managing a community.

Managing A Community – More than just the homes

Managing Manufactured Home Communities

Unlike traditional residential management, manufactured home communities often do not own the homes within the community. Most often, the resident owns and maintains the home they live in. The community provides amenities like lawn care, pool services, an activity center and other lifestyle offerings.

However, similar to managing a traditional rental property, there is going to be the detail of maintenance. So, depending on whether your community owns or rents homes and land will dictate the extent of your responsibility.

DIY?

Hired help can be your saving grace

Managing Mobile Home CommunitiesToo often we hear of stories of managers who are entirely worn out by the end of the first year managing manufactured home communities. It’s almost always due to the manager stretching themselves too thin.

We all know the saying “good help is hard to find”. However, it’s possible. If you are new to the industry there is going to be a great deal of knowledge you need right away. Hiring selling agents, maintenance crew and even an assistant can make a world of difference when managing manufactured home communities.

Marketing a Community – Know Your Audience.

Marketing available homes or spaces within your community can be one of the more challenging aspects of the job.

The first step is going to be to establish the home owners/renters you are hoping to have within your community. Then comes gearing your advertising to that crowd.

We have a super helpful article on “The Benefits of Knowing Your Audience” that goes further into the details of different types of manufactured home buyers and renters.

Once you have established your audience, the next step is getting the community out there! MHVillage offers a FREE advertisement option for communities. The “Basic Community” advertisement includes two community photos, all of the community details, and you get free sales leads via email too!

Here is a video on how you can use our website to advertise your community:

Hopefully, these simple tips will help you better navigate the industry. We want to ensure that you are fully prepared to be successful in managing your manufactured home communities!

If you have any questions about MHVillage, contact us here!

Wins for Manufactured Housing in Congress

pre-SECO18
A new Redman home

The Manufactured Housing Institute’s Lobby Efforts Win Extension of Energy Tax Credit

Congress passed and the President signed into law an extension of the Energy-Efficient New Home Tax Credit last week.

The measure also is known as the 45L credit. It was part of a two-year budget agreement and stopgap spending bill in Congress.

Included in the agreement is extension of:

Manufactured Housing in Congress
Adventure Homes

  • Federal flood insurance program
  • Deductibility of mortgage insurance premiums
  • The tax credit for residential energy improvements

For example, the energy improvement measure offers considerations for high-efficiency water heaters, air conditioning units and furnaces.

The 45L credit expired in December 2016. However, the recent action on manufactured housing in Congress makes the credit retroactive for 2017.

Extension of the Energy-Efficient New Home Tax Credit fulfills one of MHI’s top legislative priorities for 2017. As a result, MHI has been a consistent voice on Capitol Hill advocating strongly for the extension of the tax credit, established by the Energy Policy Act of 2005.

45L History with Manufactured Housing in Congress

Manufactured Housing in Congress
Interior of a new Fleetwood home

MHI has worked with House and Senate tax committees to advocate for the annual extension of this tax credit. In July 2017, MHI submitted a letter to the Senate Finance Committee as a part of its public call for proposals to improve the tax system and provide relief to middle class individuals and families.

MHI argued that the 45L credit is an important, market-driven incentive that has promoted and improved energy efficiency for manufactured homes. It also provides significant monthly energy savings for millions of Americans residing in them.

Under the 45L credit, manufactured homes qualify for a $2,000 credit. Homeowners are eligible if the home conforms to Federal Manufactured Home Construction and Safety Standards (FMHCSS) and meet the energy savings requirements of site-built homes.

In lieu of the above, manufactured homes can qualify for a $1,000 credit if they conform to FMHCSS and reduce energy consumption by 30 percent relative to International Energy Conservation Code 2006.

Alternatively, manufactured homes can also qualify for a $1,000 credit if they meet ENERGY STAR Labeled Home requirements.

In December 2015, MHI secured a retroactive extension of the credit, which previously expired in December 2014. Furthermore, MHI continues to advocate before the tax committees in Congress each year to ensure the credit remains.

The 45L credit provides a crucial investment in energy-efficient manufactured housing and substantially eases the financial burden of energy costs on hard working American families.

MHInsider reports manufactured housing industry news collaboration with the Manufactured Housing Institute. Read more news from MHI and become a member.

Also, for questions or more news on manufactured housing in Congress, contact MHI’s office of Government Affairs Department at (703) 229-6208 or MHIgov@mfghome.org.

 

New Manufactured Home Shipments Up 3.6% for December

new manufactured home shipments
The kitchen in a Clayton model home.

MHI Reports Annual Home Shipments up 14.4%

In December 2017, new manufactured home shipments increased 3.6% to 7,269 homes as compared to the 7,019 homes shipped in December 2016. Total shipments for December 2017 are lower by 1,319 when compared to November 2017.

The trend is mixed compared with shipments of December 2016. Single-section homes were down by 0.4% and multi-section homes up by 9.1%. Total floors shipped in December 2017 increased 5.1% to 10,500 compared to December 2016.

15.5% homes shipped in December were FEMA units

MHI reports that 1,129 homes of the 7,269 shipped in December were for FEMA units. Three states received FEMA units in December: Alabama with 372, Maryland with 88 and Texas with 769.

Annual New Manufactured Home Shipments

For all twelve months of 2017, monthly shipments are higher when compared to the previous year.

Shipments from January through December this year total 92,891 homes compared with 81,169 homes in 2016, a 14.4% net increase.

In addition, the seasonally adjusted annual rate (SAAR) of shipments was 102,117 in December 2017, down 5.0% from the adjusted rate of 107,476 in November 2017. The SAAR corrects for normal seasonal variations and projects annual shipments based on the current monthly total.

In December 2017, 131 plants representing 36 corporations reported production data, which is one more of each than November 2017.

MHInsider reports monthly and annual home shipment reports in collaboration with the Manufactured Housing Institute. Read more news from MHI, become a member, or enter member log-in information for the institute’s full Manufactured Housing Activity Industry Production Shipments and Trends report.

New Manufactured Home Shipments

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