Condo and homeowner associations losing popularity with today’s buyers

By Deborah Goonan, Independent American Communities

 

Several weeks ago, Shu Bartholomew and I discussed On the Commons the changes taking place in the market for association-governed housing. There are some good reasons why home buyers have become less than enchanted with common interest development in general. The prevalence of community conflict and unpredictable financial risks are very real.

We discuss some of those disadvantages in detail.

Anyone considering the purchase of a condominium, co-op, townhouse, or even a single family home in a planned community with an HOA needs to listen to this podcast first.

DEBORAH GOONAN, On the Commons with Shu Bartholomew

(WEBR-Fairfax Radio podcast)
OCTOBER 28, 2017

http://onthecommons.net/2017/10/deborah-goonan-5/

Reference articles:

Reality check: HOA managers face decline of their industry, like it or not

Market share of new home sales in HOAs remains flat for 2016

 

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