Average          
    Communities Surveyed Average Rents Occupancy % Rent    
Market Month Total All Ages 55+ All Ages 55+ All Ages 55+ Increase Comments  
Atlanta, GA November 1999 46 46 0 $244 N/A 96% N/A $14 Two communities (368 homesites) expanding
Akron, OH November 1999 14 14 0 $202 N/A 99% N/A $9 Local retailers will reserve vacant homesites and pay
the monthly rent
Cincinnati, OH November 1999 31 30 1 $229 $120 97% 100% $14 Aggressive marketing of vacant "all ages" homesites
Cleveland, OH November 1999 25 21 4 $223 $229 95% 98% $8 Three communities (150 homesites) expanding
Columbus, OH November 1999 36 35 1 $200 $200 98% 98% $11 Local retailers will reserve vacant homesites and pay
  the monthly rent
Dayton, OH November 1999 31 25 6 $215 $150 96% 99% $15 Aggressive marketing of vacant "all ages" homesites
Toledo, OH November 1999 26 26 0 $216 N/A 97% N/A $12 Aggressive marketing of vacant "all ages" homesites
Youngstown, OH November 1999 12 12 0 $153 N/A 98% N/A $8 Low monthly rents
Elkhart-Goshen, IN November 1999 17 15 2 $219 $231 91% 41% $13 Two new communities filling homesites
Fort Wayne, IN November 1999 20 20 0 $161 N/A 96% N/A $10 Aggressive marketing of vacant "all ages" homesites
Gary, IN November 1999 17 16 1 $232 $135 97% 99% $11 Aggressive marketing of vacant "all ages" homesites
 
Indianapolis, IN November 1999 44 44 0 $214 N/A 93% N/A $14 Aggressive marketing of vacant "all ages" homesites
 
San Antonio, TX October 1999 25 25 0 $198 N/A 94% N/A $14 Eleven (11) new/proposed new communities
Potentially over 4,700 new homesites
Dallas, TX October 1999 28 28 0 $200 N/A 94% N/A $14 Rents & occupancy increased 8% over October 1998
Denton, TX October 1999 19 19 0 $235 N/A 93% N/A $24 Rents increased 7% over October 1998
Houston, TX October 1999 40 40 0 $175 N/A 93% N/A $12 Four (4) new/proposed new communities
Potentially over 2,800 new homesites
Fort Worth, TX October 1999 28 28 0 $217 N/A 91% N/A $16 Rents up 6.4% & occupancy up 5% over October 1998
Austin, TX October 1999 20 20 0 $257 N/A 76% N/A $17 Rents up 7.5% over October 1998
Occupancy rate low as 4 new communities (1,367
homesites) opened since October 1998.
Nine (9) new/proposed new communities
Potentially over 4,200 new homesites
Northern Colorado July 1999 15 13 2 $279 $273 91% 97% $20 One (1) new community (240 homesites).
  Two (2) proposed communities (950 homesites)
Southern Colorado July 1999 20 15 5 $251 $301 97% 99% $18 One (1) new community with 338 new homesites
Greater Denver, CO July 1999 44 38 6 $333 $359 99% 98% $22 Local retailers will reserve vacant homesites and pay
the monthly rent
Brevard County, FL May 1999 27 11 16 $244 $239 72% 94% $10 Promotions offered to lease vacant homesites
 
Broward County, FL May 1999 29 12 17 $378 $357 94% 96% $14 Aggressive marketing of vacant homesites
Dade County, FL May 1999 20 17 3 $291 $234 84% 67% $10 Occupancy rates very low in the Homestead, FL area
Duval County, FL May 1999 18 18 0 $204 N/A 84% N/A $11 Aggressive marketing of vacant homesites
Hillsborough Cty, FL May 1999 29 15 14 $244 $244 90% 95% $10 Aggressive marketing of vacant homesites
Indian River Cty, FL May 1999 14 1 13 $260 $259 94% 93% $8 New homesites available in a "55+" community
Lake County, FL May 1999 20 3 17 $201 $207 79% 87% $8 Aggressive marketing of vacant homesites
Lee County, FL May 1999 24 2 22 $218 $299 85% 94% $10 Aggressive marketing of vacant homesites
Manatee County, FL May 1999 24 0 24 N/A $263 N/A 98% $10 Rents increased 4% over May 1998
Marion County, FL May 1999 19 3 16 $123 $204 83% 85% $7 Aggressive marketing of vacant "55+" homesites
Orange County, FL May 1999 23 14 9 $251 $265 89% 97% $11 Aggressive marketing of vacant homesites
Palm Beach Cty, FL May 1999 26 11 15 $327 $312 97% 94% $12 Aggressive marketing of vacant homesites
Pasco County, FL May 1999 26 0 26 N/A $178 N/A 92% $8 Aggressive marketing of vacant "55+" homesites
Pinellas County, FL May 1999 64 12 52 $276 $264 92% 97% $10 Aggressive marketing of vacant homesites
Polk County, FL May 1999 56 8 48 $180 $219 72% 86% $7 Aggressive marketing of vacant homesites
 
Sarasota County, FL May 1999 23 0 23 N/A $300 N/A 98% $10 Occupancy "flat" over May 1998.  Rental rates up 3%.
Volusia County, FL May 1999 34 1 33 $202 $237 95% 91% $10 Aggressive marketing of vacant "55+" homesites
Allegan, Muskegon
Ottawa Counties, MI February 1999 27 27 0 $214 N/A 95% N/A $11 Aggressive marketing of vacant homesites
Kent County, MI February 1999 35 35 0 $254 N/A 97% N/A $11 Aggressive marketing of vacant homesites
Barry & Kalamazoo
Counties, MI February 1999 17 17 0 $248 N/A 93% N/A $11 Aggressive marketing of vacant homesites
Genesee County, MI February 1999 36 33 3 $256 $276 88% 90% $12 Aggressive marketing of vacant homesites
Macomb County, MI February 1999 26 26 0 $316 N/A 98% N/A $10 Aggressive marketing of vacant homesites
Oakland County, MI February 1999 43 41 2 $318 $344 99% 100% $13 Aggressive marketing of vacant "all ages" homesites
Wayne County, MI February 1999 31 29 2 $291 $274 97% 98% $13 Three communities expanding
Albuquerque, NM February 1999 12 11 1 $291 $353 94% 99% $14 Two communities (183 homesites) expanding
One new community - 186 homesites (after 2/99)
Tucson, AZ February 1999 29 17 12 $227 $273 90% 94% $11 Aggressive marketing of vacant homesites
Las Vegas, NV January 1999 45 27 18 $352 $351 98% 99% $16 One community (192 homesites) expanding
Phoenix, AZ January 1999 104 26 78 $257 $272 97% 93% $12 Two new "55+" communities in the Mesa sub-market
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