Reports provide information on 264 communities, including 56 in the new Minneapolis report
Grand Rapids, Mich. (Nov. 16, 2017) – 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 November 2017 manufactured home community rent and occupancy reports for markets in Oregon, Washington and the Minneapolis-St. Paul MSA.
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 131 major housing markets throughout the United States, including 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 November 2017 JLT Market Reports includes information on 264 “All ages” and “55+” manufactured home communities located in Oregon’s four major markets, three major markets in Washington and the Minneapolis-St. Paul MSA. Altogether, the reports include data representations for about 46,867 homesites, up from 17,319 homesites in 2016.
“We are pleased to expand our reporting in November to include data on 56 new communities and 14,949 homesites in Minneapolis-St. Paul. This is information that will be updated and published annually, as is custom for our full range of reports,” Datacomp Executive Vice President Darren Krolewski said. “All of our reports are designed to assist in business decision making for owners, managers and others manufactured housing professionals with interests in specific 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 November 2017 rents and occupancy rates to November 2016, as well as a historical recap of rents and occupancy from 1996 to present date in most markets.
The November 2017 JLT Market Reports for Oregon, Washington and Minnesota 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 manufactured 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.
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.
Report includes information on 111 All-ages, 55+ communities
Grand Rapids, Mich. (Sept. 1, 2017) – 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 September 2017 manufactured home community rent and occupancy reports for Los Angeles County.
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 131 major housing markets throughout the United States, including 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 Sept. 1 JLT Market Reports includes information on 111 “All ages” and “55+” manufactured home communities located in Los Angeles County. Altogether, the reports include data representations for about 23,352 homesites, up from 8,940 homesites in 2016.
“The information in the 2017 Los Angeles County reports has expanded significantly from last year, as have all of our California reports. The most current report from Los Angeles includes an added 49 All-ages communities, and 24 additional 55+ communities,” Datacomp Executive Vice President Darren Krolewski said.
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 September 2017 rents and occupancy rates to September 2016, as well as a historical recap of rents and occupancy from 2014 to present date in most markets.
The September 2017 JLT Market Reports for Los Angeles County 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.
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.
Reports include information on 435 communities from San Diego to Ventura counties
Grand Rapids, Mich. (Aug. 15, 2017) – 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 August 2017 manufactured home community rent and occupancy reports for five markets in Southern California.
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 131 major housing markets throughout the United States, including 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 August 2017 JLT Market Reports includes information on 435 “All ages” and “55+” manufactured home communities located in San Diego, Orange, Riverside, San Bernardino and Ventura counties. Altogether, the reports include data representations for about 83,879 homesites, up from 37,322 homesites in 2016.
“The information in the Southern California reports has been expanded to a great degree, to include data on more than double to nearly three times the number of communities compared with the reports issued for the same areas in 2016,” Datacomp Executive Vice President Darren Krolewski said. “For instance, we’re able to report on an added 70 communities in each Orange and San Diego counties, which will assist in business decision making for owners, managers and other manufactured housing professionals with interests in those 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 August 2017 rents and occupancy rates to August 2016, as well as a historical recap of rents and occupancy from 2014 to present date in most markets.
The August 2017 JLT Market Reports for Southern California 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.
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.
Grand Rapids, Mich. (August 2, 2017) – Datacomp, publisher of JLT Market Reports and the nation’s #1 market data company for the manufactured housing industry, today announced a 17-year summary report of its manufactured home community rent surveys for 32 Florida markets.
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 131 markets throughout the United States, including the latest rent trends and statistics, marketing programs and a variety of other useful management insights.
The most recent JLT Market Reports for the Florida markets were released in May 2017 and include 752 communities encompassing 208,881 homesites. This summary report is based on rent and occupancy trends from May 2000 to May 2017.
Findings and Observations: Occupancy Continues to Outpace National Average
For the seventh consecutive year, occupancy rates for Florida “All Ages” manufactured home communities increased. As of May 2017, the occupancy rate for All Ages communities is 91 percent, up 1.8 percent compared with May 2016. The national average for All Ages communities as of May 2017 was 89 percent.
For the fifth consecutive year, occupancy rates for Florida “55+” communities increased. As of May 2017, the occupancy rate is 95 percent, up 0.9 percent compared with May 2016. The national average for 55+ communities as of May 2017 is 95 percent.
As of May 2017, Florida ranks third for average occupancy in All Ages manufactured home communities among the five states in the South region where JLT market reports are published. Of the four states within the South region that include 55+ communities, Florida ranks second for average occupancy among this segment.
Nationally, Florida ranks eighth for average occupancy among All Ages manufactured home communities and fifth among 55+ communities in the 33 states where JLT market reports are published.
Trend of Strong Rent Growth
Average rents in All Ages Florida manufactured home communities continued to increase for the 17th consecutive year.
In May 2017, the average adjusted rent in Florida All Ages communities increased by 2.1 percent to $497, which is lower than the average annual compounded increase of 3.5 percent during the last 17 years. In comparison, the national average adjusted rent for All Ages communities was $458, as of May 2017.
The average adjusted rent among 55+ communities in May 2017 increased by 4.2 percent to $498, which is higher than the average annual compounded increase of 3.7 percent through the last 17 years. In contrast, the national average adjusted rent for 55+ communities was $519 as of May 2017.
As of May 2017, Florida manufactured home community rents ranked first for average adjusted rent out of the five states in the South region where JLT market reports are published, as well as first for average adjusted rent among the four states in the South region that include 55+ communities.
Nationally, Florida ranks 8th in average adjusted rent for both All Ages and 55+ manufactured home communities in the 33 states where JLT market reports are published.
All Florida manufactured housing research is based on data published in JLT Market Reports. Complete reports, including detailed information on manufactured home communities in 32 Florida markets, are available for online purchase with a major credit card at www.datacompusa.com/JLT or by calling (800) 588-5426. Each Florida manufactured home rent survey, fully updated in May 2017, 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.
About JLT Market Reports
For more than 20 years, countless professionals have trusted JLT Market Reports for timely and accurate management information on land lease manufactured home communities. JLT Rent Surveys are currently available for 131 markets nationwide and are recognized as the industry standard for community market analysis. JLT Market Reports are published by Datacomp, the industry’s oldest and largest national manufactured home appraisal company and operator of MHVillage, the premier website for advertising manufactured and mobile homes for rent in land-lease communities. For more information, or to purchase complete JLT Market Reports, call (800) 588-5426 or visit www.datacompusa.com/JLT.
New market reports from Iowa, Nebraska, S.C., Virginia capture 162 new communities
Grand Rapids, Mich. (June 14, 2017) – 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 June 2017 manufactured home community rent and occupancy reports for seven new markets in Iowa, Nebraska, South Carolina and Virginia.
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 131 major housing markets throughout the United States, including 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 June 2017 JLT Market Reports includes many of the major markets for the four states. Together, these manufactured home rent and occupancy reports track 162 “All Ages” and “55+” communities encompassing a total of 29,948 homesites.
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 June 2017 rents and occupancy rates to June 2016, as well as a historical recap of rents and occupancy from 1996 to present date in most markets.
The new market reports cover the metro areas of Ames and Des Moines, Iowa; Omaha, Neb.; Charleston and Myrtle Beach, S.C., and Richmond and Virginia Beach, Va.
The June 2017 JLT Market Reports for Iowa, Nebraska, South Carolina and Virginia 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.
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.
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 May 2017 manufactured home community rent and occupancy reports for 31 markets in the state of Florida, now including Bay, Escambia and Leon counties.
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 130 major housing markets throughout the United States, including 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 May 2017 JLT Market Reports includes many of the major markets for mobile homes in Florida. Together, these manufactured home rent and occupancy reports track 752 “All Ages” and “55+” communities encompassing a total of 208,881 homesites.
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. Detailed reports show trends in each market with a comparison of May 2017 rents and occupancy rates to May 2016, as well as a historical recap of rents and occupancy from 1996 to present date in most markets.
The May 2017 JLT Market Reports for Florida are available for purchase and immediate download online at the Datacomp JLT Market Report website at http://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.
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 90 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.
Datacomp, publisher of JLT Market Reports and the nation’s #1 provider of market data for the manufactured housing industry, today announced a 16-year summary of its manufactured home community rent and occupancy reports for major markets in Michigan.
Recognized as the industry standard for manufactured housing market data for over 20 years, JLT Market Reports provide detailed research and information on communities located in 87 markets throughout the United States, including the latest rent trends and statistics, marketing programs and a variety of other useful management insights.
The most recent JLT Market Reports for manufactured home communities in Michigan were released in February 2016 and include 363 communities encompassing 113,777 homesites. This summary report is based on rent and occupancy trends from February 2016 to February 2015.
Download Historical 16-Year Summary of Michigan Manufactured Home Rent and Occupancy Here
Findings and Observations
Occupancy of All Ages Communities Shows Significant Increase for Second Consecutive Year
After an extended period of decline, occupancy rates among Michigan “All Ages” manufactured home communities stabilized in 2014 and began trending upward significantly for the first time in 2015. This positive trend has continued into 2016, as All Ages communities recorded the highest occupancy rates since 2008 and the largest occupancy increase in recent history.
As of February 2016, the average occupancy rate for Michigan All Ages manufactured home communities is 77%, a 2.7% increase over 2015 that is reflective of the strong demand for the affordable housing within the Michigan market. Despite this positive growth, Michigan continues to trend significantly lower than the 86% national average for All Ages communities.
Occupancy has also increased in Michigan “55+” communities. As of February 2016, the average occupancy rate is 81%, up 1.3% over February 2015. This represents the largest increase since 2014 and a reversal of a notable occupancy decline experienced among Michigan 55+ communities in 2015. Currently, the national average for 55+ communities is 94%.
As of February 2016, Michigan ranks 16th for average occupancy in All Ages manufactured home communities out of the 16 regions in which JLT Market Reports are published. Of the 14 regions that include 55+ communities, Michigan ranks 13th for average occupancy among this segment.
Rents Continue to Show Consistent Growth
Average rents in All Ages Michigan manufactured home communities increased for the 16th consecutive year.
In February 2016, the average adjusted rent in Michigan All Ages communities increased by 1.3% to $387, less than the average annual compounded increase of 2% in this market. The national average adjusted rent for All Ages communities is currently $436.
The average adjusted rent among Michigan 55+ communities in February 2016 increased slightly by .3% to $389. In contrast, the national average adjusted rent for 55+ communities is currently $469.
Michigan manufactured home community rents ranked 11th out of 16 regions tracked by Datacomp for All Ages communities as of February 2016, and 13th out of 14 regions for 55+ communities.
All Michigan manufactured housing research is based on data published in JLT Market Reports, published by Datacomp. Complete reports, including detailed information on manufactured home communities in 17 Michigan markets, are available for online purchase by major credit card at www.datacompusa.com/JLT or by calling 800.588.5426. Each Michigan manufactured home rent and occupancy survey, fully updated in February 2016, 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.
About JLT Market Reports
For more than 20 years, countless professionals have trusted JLT Market Reports for timely and accurate management information on land lease manufactured home communities. JLT Market Reports are currently available for 87 markets nationwide and are recognized as the industry standard for community market analysis. JLT Market Reports are published by Datacomp, the industry’s oldest and largest national mobile home appraisal company and number one provider of market data for the manufactured housing industry. Datacomp also operates MHVillage, the premier website for advertising mobile homes for sale or rent nationwide. For more information, or to purchase complete JLT Market Reports, call 800.588.5426.
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