Thursday, January 14, 2010

"Bidding War" over a mobile home. Wow! The market is heating up this month!!

Today, I received a second loan app for the same manuf home in a park here in the Sac area.

This hasn't happened since 2005, or 2006: multiple offers pouring in for the same mobile home.

The market for mobile homes is heating up, folks!! People are taking advantage of the very low prices that we have in most parks in the Sacramento area. Many are paying all cash, but many need financing. Rates are still good, and down payment requirements are 5% or more, depending on the age of the mh.

Stay tuned......

No comments:

Post a Comment