Vol. XXIIII/#3 – August | September 2015
Bowden’s Market Barometer is an “Insider” news forum. It is unique. It is diagnosis – the prescription for a challenging news environment where confusing and often contradictory data, misinformation, and biased opinions serve to waste time.
We do the work -- distilling and verifying the myriad data -- so you the decision-maker have a clear understanding of today’s market dynamics.
Inside this edition . . .
Barometric Beat –It’s All Good – Mostly - For the moment it appears that the glass is overflowing. We begin with a few housing market highlights, all of which are up, and move along to quantify age and income qualified household formations through the rest of the decade.
Trends In . . . Motor Coach Resorts as a Development Option -- When we think of recreational vehicles (RVs) we think of a park with rental spaces. There are over 13,000 privately owned RV parks and over 1,600 state parks within the U.S. that cater to these “traveling hotel suites.” But the Motor Coach Resort is not your father’s RV park, and deeded land sales in a camping environment is a movement that is gathering traction across the country. Find out how deep the market is and what the competition may be like for this segment in this issue.
Golf Gallery– In a departure from our traditional Golf Gallery format, we have chosen to highlight the recent Marcus & Millichap (M&M) Leisure Investment Properties Group (LIPG) Semi-Annual Market Update, which is pragmatically hopeful. Discussion topics include repurposing and NGF’s golf participation “Bubble Effect” theory, laced with related findings from a variety of sources, and Market Barometer observations.
The Bulletin Board – A Who’s Who and Who’s Doing What for the housing and resort industries presented in “Cliff Notes” format. The Bulletin Board features relevant and timely announcements and events, new development and housing trends, business developments and strategies, homebuilder happenings, sales achievements, acquisitions and property prospects, and lodging, travel and tourism perspectives.
Regional Trends – In this issue we discuss two of the country's best performing states: Florida and South Carolina.
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