Sun Communities, Inc.
People wonder how to invest in their home… well here is a start. Sun Communities, Inc. is the US leader in providing manufactured home communities and RV resorts. Manufactured home is a home category that is basically assembled in factories and plants and then transferred to the location of use. Units were initially intended for people whose lifestyle requires transferring from one location to another. But eventually it evolved to people acquiring home communities because of budget-constraints and price conscious families. But presently, when manufactured homes are transported to its site, it is being left there permanently. RV Resorts or motor home is basically a vehicle and a transitory travel home for leisure activities such as resorts or camping sites. Some even use these RVs as offices.
You can find Sun Communities in eighteen States (Midwest and Southeast portion of the US) with a total 136 owned and operated manufactured housing communities. Its commitment to contribute to the improvement of the quality of life and fulfilling dreams of its residents is one of their edges over the others. Sun Communities was established in 1975 and became public in December of 1993. They have been awarded as the Manufactured Home Community Operator of the Year for 1997 and 2002, adhering to their commitment of meeting their residents living expectations. Sun Communities have recorded a drop in its revenues which affected their stock market ratings in 2007. And with the decrease in interest rates on real estate, people would tend to purchase a house rather than mobile homes. But nevertheless, they still register a revenue increase of 2% maybe because of the rise in fuel prices and basic commodities, people tend to draw back spending on expensive houses.
