Photo courtesy of Zeman Homes
GRAND RAPIDS, Mich. (PRWEB) March 12, 2020
JLT Market Reports from Datacomp with updated information on rent and occupancy trends for manufactured home communities in Maryland, New Hampshire, and New York are available for order, including immediate download today.
JLT Market Reports provide detailed research and vital information on communities in 183 major housing markets throughout the United States. Along with the latest rent trends and occupancy statistics, the manufactured home community market reports include information on home types, amenities, community infrastructure, as well as management insight.
Datacomp is the nation’s top provider of manufactured housing data. JLT Market Reports are recognized as the industry standard for manufactured housing community market analysis.
March 2020 JLT manufactured housing market data includes information on 192 “All ages” and “55+” manufactured home communities in Maryland, New Hampshire, and New York.
Altogether, the reports include data representations for 35,661 homesites, including a new report for Orange and Ulster counties in New York.
State-by-State Trends from March 2020 JLT Rent & Occupancy Market Reports
- Maryland adjusted rent for all-ages communities increased by 3.6% year-over-year
Occupancy in those communities from year-to-year rose to 99%
- New Hampshire adjusted rent for 55+ communities increased by 2% year-over-year
Occupancy in those communities from year-to-year rose slightly by four homesites
- New York adjusted rent for all-ages communities increased by 3% year-over-year
Occupancy in those communities from year-to-year rose slightly by eight homesites
“Among the manufactured home communities in the northeast region of the country published in our March reports, state-to-state trends for adjusted rent continue as we've seen them at about 3%,” Datacomp Co-President and Chief Business Development Officer Darren Krolewski said. “Additionally, most markets within the three-state report were stable with only a few down-trending in occupancy, most notably among 55+ communities.”
More About 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
JLT Market Reports also include management insights that rank communities by the number of homesites, occupancy rates and highest to lowest rents. Established reports show trends in each market with a comparison of March 2020 rents and occupancy rates to March 2019, as well as a historical recap of rents and occupancy from 1996 to present date in most markets.
The March 2020 Maryland, New Hampshire, and New York JLT Reports for manufactured home communities are available for purchase and immediate download online at the Datacomp JLT Market Report website, 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 business 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 183 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 and publisher of the MHInsider trade magazine for manufactured housing news. For more information, or to purchase complete JLT Market Reports, call (800) 588-5426 or visit http://www.datacompusa.com/JLT.