Property Q&A in San Jose>Question Details

Carla, Home Buyer in 95123

When do you think the manufactured housing market will improve?

Asked by Carla, 95123 Sun Apr 5, 2009

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This question is about this property: http://www.trulia.com/property/1075937184-165-Blossom-Hill-R…

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Hi Carla, The home you are asking about is in the Magic Sands Park and has a good reputation as a family park. If you are asking when the prices will start an uptick, there is no way of knowing until it begins to happen. Your question is one that my crystal ball has yet been able to answer definitively.

The manufactured homes have, historically, not met the upside equity percentage enjoyed by "stick" homes Maybe, do to the fact there is a smaller buyer pool than a typical "stick" house. Perhaps because the economic lifespan is shorter, Loans are more scarce and the tax benefits are fewer.

What are some of the factors you would like to know more about?

Michael
http://www.MichaelRobertsHomes.com
0 votes Thank Flag Link Sun Apr 5, 2009
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