article thumbnail

Manufactured homes are appreciating faster than site-built homes

Housing Wire

In contrast, the average sales price of new site-built, single-family homes (excluding land) rose by 37.66% over the same period,” the study explained. Despite that attention, however, some in the industry have chafed at the portrayal of land-lease communities by government housing authorities.

article thumbnail

Housing coalition publishes recommendations for GSEs’ ‘Duty to Serve’ plans

Housing Wire

The Underserved Mortgage Markets Coalition (UMMC), a coalition of 32 housing groups initially convened by the Lincoln Institute of Land Policy , published a report on Wednesday that recommended actions for the government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. mortgage finance system.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Farmland is becoming a hot commodity as prices boom

Realty Biz

Now, prices of agricultural land in the region are rising even faster than they were during the previous farmland boom around a decade ago, the Wall Street Journal reported. That has resulted in smaller farmers finding it more difficult to afford the down payment on parcels of land or compete for land leases.

As-is 67
article thumbnail

Recession-Proof Ground Leases Are an Overlooked $2.5 Trillion Asset Class

Propmodo

It’s a rare occasion, however, that the industry gets excited over ownership of something that is an inseparable part of every real estate transaction: land. Most owners of multifamily properties, office towers, and other property types own the whole “kit and caboodle,” the land as well as the building on which it sits.

article thumbnail

Who Manages Georgia Lakes?

Hank Miller Team

Georgia Power has similar deep interests; homes on their lakes have land leases granted to the owners. The company retains ownership of the land and leases it back to the owner of the structure. Two major players influence lake homes in Georgia; the US Army Corps of Engineers and Georgia Power.

article thumbnail

First Team High Desert Agent Rob St. Onge Closes Historic Commercial Transaction at $14.7 Million!

First Team Real Estate

Originally starting as a land lease, Rob went to the city to discuss potential truck parking and discovered the property was in the wrong zone designation for this use. Rob utilized his commercial knowledge and skill to market the property to a different demographic of buyers wishing to utilize the land for a distribution center.

article thumbnail

Flood Plains, High Winds, and Leased Land: Your Guide to Buying a House in Palm Springs

HomeLight

You’ll have to navigate land leases, HOA requirements , and stiff competition from other buyers set on purchasing your picture-perfect property. As a resort escape, Palm Springs is known for its year-round sunny and warm weather — even when winter is happening everywhere else! Fortunately, we did the legwork for you.

Land 93