by Joanne Stevens, CCIM
The following are a some of the comments heard or overheard in Las Vegas at the 2012 National Communities Counciel (NCC) Manufactured Housing Institute (MHI) Congress and Expo.
> Mobile Home Park owners buying homes out of other mobile home parks has become “a cutthroat business.”
> Mobile Home Park owners are seeing prices on bank repo homes and resident owner homes for sale going up and for ever higher prices.
> More second home owners, with the second home being a manufactured home in a ‘warm climate’ mobile home community are selling their second home and at big discounts. They say they can’t afford to maintain two homes.
> On rental homes: “there are so many mobile home parks with rental homes…
maybe we should just buy apartments.”
> On financing for parks and communities: “In my lifetime…financing has not been as good with local banks as it is today.”
> Hangover Quote: From an attendee 10 days after Las Vegas…”still recovering from one late night.” ##