Datacomp has published the February 2020 Michigan JLT Market Reports for manufactured home community rent and occupancy trends, available now for order and immediate download.
JLT Market Reports provide detailed research and information on communities in 181 major housing markets throughout the United States. These include the latest rent trends and occupancy statistics, as well as a variety of other useful management insights.
Datacomp is the nation’s #1 provider of market data for the manufactured housing industry. JLT Market Reports are recognized as the industry standard for manufactured home community market analysis.
February 2020 Michigan JLT manufactured housing market data includes information on 406 “All ages” and “55+” manufactured home communities.
Altogether, the Michigan reports include data representations for 123,702 homesites, including a new report for Berrien County, Michigan.
“Adjusted rent throughout Michigan increased an average of 3.5%, 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 three Michigan markets.”
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 February 2020 rents and occupancy rates to February 2019, as well as a historical recap of rents and occupancy from 1996 to present date in most markets.
The February 2020 Michigan 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.