HOA, condo real estate housing trends (Sept 2019 update)

Real estate home buyer key

By Deborah Goonan, Independent American Communities debgoonan@icloud.com A brief summary of housing consumer preferences, the growth of the rental housing market, and state laws changing the property rights of homeowners and their HOAs.   Where do home buyers prefer to live? Once again, according to recent National Association of Home Builders (NAHB) surveys, a majority of home buyers in all generations prefer to live in the suburbs. Here’s how the percentage of home buyers who Continue ReadingHOA, condo real estate housing trends (Sept 2019 update)

Fairfax County to take over Kingstowne Lake?

Suburban pond lake sidewalk storm water woes

By Deborah Goonan, Independent American Communities debgoonan@icloud.com   A large-scale Virginia homeowners’ association is asking its County to take a 14-acre stormwater retention pond off its hands. Kingstowne Residential Owners Corporation, or KROC, is a planned development of more than 5,300 homes. It shares maintenance costs of Kingstowne Lake with the Kingstowne Commercial Owners Corporation (KCOC). KROC sent a petition to Lee District Supervisor Jeff McKay in July, asking the County to take over maintenance Continue ReadingFairfax County to take over Kingstowne Lake?

Residents endure stench of fish kill in HOA retention pond

Suburban pond lake sidewalk storm water woes

By Deborah Goonan, Independent American Communities Goodyear’s Estrella Mountain Ranch is working with Arizona Lake and Pond Management to control a chronic algae bloom in North Lake. Newland Company is the master planner of the community. The HOA released a statement, which says, in part…“planned communities and golf courses with manufactured lakes have been challenged with the extended period of excessive heat, which has contributed to the loss of oxygen levels in the lakes.” It’s Continue ReadingResidents endure stench of fish kill in HOA retention pond

HOA, condo, co-op News Roundup (Sept. 1, 2019)

By Deborah Goonan, Independent American Communities   New HOA laws in SC don’t rein in corruption; FL HOA to fine police officer for parking violation; NE residents fear their road will collapse into a cavern below; bankrupt condo association living with blue tarps over their rooftops.   Say it isn’t so! New HOA laws don’t help homeowners (SC) State Rep. Russell Fry tells WMBF’s investigative reporter that he knows HOA statutes, which became effective January Continue ReadingHOA, condo, co-op News Roundup (Sept. 1, 2019)