As the housing market remains stagnant and far from full recovery, one thing is clear: renting a home has become an increasingly popular option.
What is unclear, however, is the financial benefit that one gains from choosing to rent. As stated in The Mercury News, “scarce rentals and a robust local economy marked by steady tech hiring drove up Santa Clara County prices 3.2 percent from a year ago.”
As rents continue to increase, it reminds us that the Bay Area is truly one of the most expensive locations in California, and even the United States. Rates for 1 and 2 bedroom apartments in San Francisco, San Jose, and Oakland remained one of the highest in the nation.
Also stated in The Mercury News, “the average one-bedroom rental in Mountain View, home to Google, went for $3,270, second only to San Francisco in price.”
With rent on the rise and no show of it cooling down, right now is the best time to buy a home and become a homeowner!
When you purchase a manufactured home, you are getting everything an apartment complex offers plus more! You own the home, have your own privacy and space from neighbors, and don’t have to deal with parking spaces! If there is ever a problem, there is a park manager who lives within the community to help you out.
Like many luxury apartment complexes, some mobile home parks offer a community recreational club house with a playground, swimming pool, and spa. Other parks allow pets, depending on the breed restrictions. Many houses also have a small yard space for either a flower garden or a BBQ area. Communities such as Casa De Amigos, Plaza Del Rey, Chateau La Salle, and the Franciscan are great for families with children! The parks are secure as well as safe, because they are gated communities with a homey yet private feel. There are also senior communities that are perfect for adults 55 and older. Try looking up at the New Frontier, Sunset Estates, Cape Cod, and Millpond parks to see that they are just as great as the all-age communities.
The manufactured homes themselves are a great purchase and investment! Some homes are 2 bedroom, 2 bathroom where as others are 3 bedroom, 2 bathroom or a 2 bedroom, 1 bathroom. The appliances are either recently updated stainless steel or brand new.
If you want a new home or a completely remodeled home, Alliance Manufactured Homes can make it happen for you! If you own private land and need a manufactured home (or a ADU), Alliance Manufactured Home can do a custom order for you, too!
Why settle for an apartment complex with no privacy, no space from neighbors, landlords, and a continuing spike in rent when you can buy a manufactured home for a fabulous and reasonable price? Purchasing a manufactured home in these tough times offers a security blanket that an apartment complex cannot offer you – so why compromise?
Call today at (888) 874-8692 to speak with an agent about buying a manufactured home!
Hansen, Louis. “Bay Area Rents Likely to Stay Sky High.” The Mercury News, The Mercury News, 6 Feb. 2018, http://www.mercurynews.com/2018/02/06/bay-area-rents-likely-to-stay-sky-high.
Miley, Michelle. “Buying a Mobile Home Vs. Renting an Apartment.” Home Guides | SF Gate, 5 Jan. 2019, http://www.homeguides.sfgate.com/buying-mobile-home-vs-renting-apartment-3048.html.