Sell Now: The Chance of a Decade

Your Home May Be Worth More Than You Think

Are You Thinking of Selling?

Does this scenario seem familiar: you check your home’s value and see it’s worth 50% or more than it was just a few years ago – you’d love to sell but there’s nothing on the market left for you? The housing market has been in a stir this past year and prices have rocketed. Now is the best time possible to sell your home but you simply can’t go homeless! The solution is simple – expand your search and consider better alternatives.

If you’re one of the 3.2 million Americans who’ve recently retired (CNBC, 2021) or are looking to retire then it’s likely that the time has come to downsize. Most people have found themselves over the course of their working lives in places that aren’t ideal retirement spots. Now it’s time for a fresh wave of people to take up professions and move into our cities and suburbs and housing prices reflect it.

Maybe you’ve considered moving to a more retirement-centered locale or perhaps the idea is new to you. Either way, moving can offer you a better quality of life and the profit from that home sale can really grow your retirement nest egg. If you’re close to meeting your retirement goals but aren’t there yet, the sale of your home might propel you financially years ahead – years you get to enjoy doing what you love.

Let’s Look at the Numbers

According to Business Insider the average home value in the US has jumped up 14.9% in the last year, marking the 114^th month in a row that values have increased. The pandemic has thrown gasoline on this fire as homes have been in short supply, resulting in increased prices. A sign that the market is as competitive as ever is the declining number of first-time buyers, who over the last two months have decreased from 33% of the market last year to under 29% now. Simply put, first-time buyers can’t keep up and there is a housing shortage.

This is Where YOU Come In

It’s safe to assume that you are an older, well-established person since you’ve made it to this part of the internet. As a mature, financially savvy person you must see the opportunity in front of you – sell now for a return 50% or greater than you could have ever predicted. You can put it away, increase your monthly payout, put it into a hot new company, or buy that dream boat and go fishing every day. The only thing holding you back is your resolve and having a place lined up.

This is Where WE Come In

Do you know what market is still untapped by this housing boom? Mobile Homes always follow market trends a little later than their counterparts in the suburbs. The largest demographic of mobile homeowners is impervious to market fluctuations so when prices are high mobile home creep up. However, when markets inevitably flounder mobile homes hold stronger than ever because very few owners are liable to loose their source of income, you know, being retired.

Here’s the Plan:

You should do some market research on your home. Look at comparable homes in your area and talk to a realtor to see what you can do to make the most of this market boom. Before even putting the home on the market look into the fabulous resort lifestyle parks in Florida. Brand new mobile homes are half the price of their traditional counterparts and are in modernized, company-run parks that offer amenities equivalent to a resort – read more here! Contact us here to start your hunt for a mobile home so when it’s time to sell there’s a plan and a destination.

Where Our Data is From:

Hartmans, A. (2021, September 25). The housing market is cooling down but not for a good reason: first-time homebuyers have been priced out. Retrieved from Business Insider: https://www.businessinsider.com/housing-market-softening-home-prices-unaffordable-realtors-association-report-2021-9

Kate Dore, C. (2021, May 9). The pandemic drove these Americans into early retirement. What to know before making the leap. Retrieved from CNBC: https://www.cnbc.com/2021/05/09/the-pandemic-drove-these-americans-into-early-retirement.html

What’s a Mobile Home?

Factory-built homes offer superior value and a higher quality of life – if you know what you’re looking for.

Most people know nothing about manufactured, or “mobile,” homes. There’s a pervasive idea that the term mobile home means travel trailer or camper. In reality, the term comes from the city of Mobile, Alabama. Manufactured homes were built in bulk in Mobile after the second World War when there was a housing shortage. Today, factory made homes offer a competitive alternative to “traditional” homes (although this is a misnomer, read on to learn more) because they cost less to buy, own, and repair.

…But What About Brick and Mortar?

Often one will come across the terms “traditional” or “brick and mortar” in the context of modern homes. It is assumed by many that a home is either something “on wheels” or it’s made like a Victorian townhouse. This belief couldn’t be further from the truth!

Homes have always been made of a mix of materials, from stone to wood, but in the late 1800s everything changed. Balloon framing came in vogue in this era and soon all small or low-cost structures were built with this technique. But what is balloon framing? Instead of the sturdy, interlocking carpentry of the far past, long spindly pieces of lumber are stapled together to just barely get the job done. Nowadays, practically all homes in the American South are built via balloon framing by low-skill contractors in paid-by-the-job manner.

When talking about alternatives to mobile homes, make sure you’re not upselling a cheaply-made blow-up structure that’s made to last less time than a mobile home. Also, don’t go thinking block homes are much better than a wooden home either. The insulative properties of wooden walls filled with insulation is much better than blocks of concrete. Heat is best kept out by pockets of air and fiberglass insulation within walls. The insulative properties of wood also help keep heat at bay. Every bit helps when you’re the one paying the electric bill.

Is There Anything Good About Mobile Homes?

A mobile home has the industrial-scale savings of balloon framing and the skillful craftsmanship of specialized factory workers. You save up-front because a home made on an assembly line takes less time and has much lower on-site cost (like paying a construction crew to drive out somewhere and set up). Also, factories buy higher quality materials in bulk and are integrated into supply lines. A manufactured home also saves you money in the long run because maintenance is easier and cheaper. Simply put, the reasons a mobile home saves you money are the same as why a factory-made car saves you money. People would find you mad if you expected a car to be made on-site out of antiquated materials. However, people expect this of homes for no reason other than tradition.

The greatest thing about a mobile home is the mobile home parks. Parks are communities where everything except the physical home is taken care of for a relatively small monthly fee. For normally less than the average rent in an area, one can live in their own home while also having manicured landscaping, access to community clubhouses and pools, possibly even included RV and boat storage off-lot, and so much more. Also, there’s no property tax and no state income tax!

More About Mobile Home Communities

A mobile home community is an affordable neighborhood with an HOA and exclusive amenities. Every community is different but you can expect a clubhouse, at least one pool, gym, and an outdoor activities space. Veranda Springs is an example of an exemplar community with a lot of amenities including:

• Swimming Pool
• Clubhouse
• Well-equipped gym
• Off-Street Parking
• Pet-Friendly Environment
• Library
• Game Room

While not every community is the same, you have a choice of which one you live in! If you want to learn more about Veranda Springs just go here. To browse homes then go to this link. For general community exploration you can go to the community hub in the website menu.