By Deborah Goonan, Independent American Communities Do you live in a Large Scale Association (LSA) or know someone who does? Community Associations Institute defines a Large Scale Association as a “community providing municipal type services with a minimum of 1,000 units or minimum of 1,000 acres and a minimum of $2 million operating budget,” and estimates there are 6000-9000 LSAs in the U.S. Think Active Adult communities, Master Planned communities, and small town sized subdivisions Continue ReadingWhat do we know about Large Scale Associations?
By Deborah Goonan, Independent American Communities National Association of Homebuilders (NAHB) has just released additional market research information on home buyer preferences for neighborhood types and availability of amenities. The September 2015 study also compares buyer preferences by generation. The following news release suggests, once again, that the majority of homebuyers tend not to prefer many of the most common community features marketed by Community Associations Institute (CAI) as selling points for homeowners’ and condominium associations. Continue ReadingMarket research suggests HOA living, amenities are unpopular
By Deborah Goonan, Independent American Communities A few months ago, I wrote an article Research reveals home buyers seek non-HOA communities, providing research findings from different sources that indicate a low demand for HOAs. Since that time, National Association of Home Builders (NAHB) has published a more recent survey summary, that leads to the same conclusions. Here’s a link to the summary, conducted by NAHB. Housing Preferences Across Generations While the survey did not ask buyers Continue ReadingConsumers don’t want HOAs according to market survey
By Deborah Goonan, Independent American Communities Just how many Association-Governed Residential Communities are there in the US? Does anyone really know the answer? Or are statistics published by trade group Community Associations Institute (CAI) just rough estimates? These are the question consumer/homeowner advocates are trying to answer. After all, it’s difficult to rein in corruption and abuse in a largely unregulated 70 billion dollar industry if we cannot even identify each and every Common Interest Continue ReadingUS Census fails to track residents of HOAs, condominiums