Havenpark Communities Adds Affordable Manufactured Homes to Michigan Community

Havenpark Communities Adds Affordable Manufactured Homes to Michigan Community Havenpark Communities, an operator and developer of manufactured home communities in Michigan and across the country, is proud to announce it has added more than 500… Read More Cision https://www.prnewswire.com/news-releases/havenpark-communities-adds-affordable-manufactured-homes-reinvests-millions-in-michigan-community-301959097.html

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10/20/2023 – MetroIntelligence Economic Update by P. DUFFY

MetroIntelligence Economic Update by P. DUFFY   Existing home sales slide 2.0 percent in September, down 15.4 percent year-on-year Existing-home sales slid 2.0% in September to a seasonally adjusted annual rate of 3.96 million. Sales retreated 15.4% from one year ago. The median existing-home sales price grew 2.8% from one year ago to $394,300, marking the third consecutive month of year-over-year price increases. The inventory of unsold existing homes climbed 2.7% from the prior month to 1.13 million at the end of September, or the equivalent of 3.4 months’ supply…

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Survey Reveals High Interest in Home Remodeling

According to a nationwide survey conducted by Arlington, Texas-based marketing research and analytics firm Decision Analyst, it was found that 78% of American plan to upgrade their homes over the next 12 months. Decision Analyst surveyed about 1,000 consumers about their home improvement plans as part of its ongoing study of consumer trends. “Despite being squeezed by inflation, many consumers see themselves upgrading or adding to the comfort of their homes over the course of the next year,” said Decision Analyst Executive Vice President Felicia Rogers.“People’s homes are important to…

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