Market Data
for Year 2011
MH Market Analysis in the Coachella Valley (Greater Palm
Springs Area)
How is the
overall mobilehome market in the greater Palm Springs area fairing in today’s
economic climate? What is the outlook for the future?
The
data show that
the number of sales increased again after last year's turnaround, probably due to the continued decrease in prices.
The average number of days it took to sell a mobilehome decreased
significantly, indicating a positive market trend. Overall, it would seem the downward price
adjustment will end in the near future, but, until the economy improves,
prices and the number of sales will likely remain close to present levels.
--see graphs
& more--
The Multifaceted War Rages On
With all of the recent attacks on existing mobilehome park rent control
provisions surfacing across the state, it is obvious the park owners have
mobilized on still another front -- the strong-arming of local communities
and their elected officials to
roll back rent protection ordinances. A
letter written by Jim
Sullivan of Oceanside is a serious call to action on the part of mobilehome
residents at all communities throughout the state.
-letter-
Why Investors Like Warren Buffet Are Bullish on Mobile Home Parks
Warren Buffet comes up with some great investment
advice for mobilehome park owners.
"Continuing to provide affordable housing should be the primary aim of
mobile home park owners in order to avoid crossing into the danger zone of
having to compete with more
attractive housing stock."
-article-
Why is a mobilehome
not a mobilehome?
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