The following is a summary of the JLT & Associates 2009 and 2008 Manufactured Home Community rent surveys.

Occupancy numbers DO NOT INCLUDE repossessed homes as reported by the on-site personnel.  Please feel free to share this information with your staff and associates.  As always, just call us at 808-283-3380 with any questions. 

Surveys can be ordered by calling 808-283-3380, sending a email to JohnTurzer@gmail.com or visiting our website www.JLT-Associates.com where you can download reports using your VISA or Mastercard! 

The surveys cover seventy-one major markets in the United States and include 753 “55+” communities with 203,107 homesites.  The national occupancy rate decreased by .2% (-292 homesites) from 2008 to 2009.  The national occupancy rate is 93%.  66% of the “55+” communities surveys are located in Florida.

Our surveys include 1,318 “All Ages” communities with 369,098 homesites.  The national occupancy decreased .7% (-2,112 homesites) from the 2008 to the 2009.  The national occupancy rate is 82%.  51% of the “All Ages” communities surveyed are located in Michigan, Florida and Texas.

Average adjusted rents (rents after deducting services) in the “55+” communities increased 4.3% from $388 to $404 per month.  Many communities include some service(s) such as water, sewer, trash removal, lawn mowing and/or cable TV in the monthly rent.

Average adjusted rents (rents after deducting services) in the “All Ages” communities increased 2.7% from $349 to $358 per month.  Many communities include some service(s) such as water, sewer, trash removal, lawn mowing and/or cable TV in the monthly rent.

Repossessed Homes – The number of repossessed homes located in “All Ages” communities has decreased steadily from 2006.  Approximately .5% of total “All Ages” homesites are occupied with repossessed homes, down 40% from 2006.  The number of repossessed homes decreased by 7.6% from 2008 to 2009.  Repossessed homes are not significant in “55+” communities.

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John Turzer is the President of JLT & Associates, a full service real estate market research company specializing in the manufactured housing industry.  The company conducts pre-acquisition and new community development market research, due diligence, a one-day sales training program and client specific consulting projects.   JLT & Associates also prepares and markets manufactured home community rent surveys for 71 markets nationwide including Albuquerque, Atlanta, Las Vegas, Greater Phoenix, Tucson, Salt Lake City, Kansas City, Minneapolis/St. Paul, Raleigh, Charlotte, Seattle and major markets in Florida, Texas, Michigan, New York, Colorado, Oregon, Indiana and Ohio.  He can be reach at (808) 283-3380, (808) 442-9950 (fax) or by email at JohnTurzer@gmail.com.  Website:  www.JLT-Associates.com.