By Deborah Goonan, Independent American Communities What happens when homeowners choose to be politically involved in their HOA-governed community? Industry trade groups would have the public believe that HOAs encourage homeowners to be active participants in their community’s self-governance. But, more often than not, IAC hears from owners who face backlash when they question the HOA board’s priorities or decisions. Mike Glassic and his wife, Noreen Gorka, both Pennsylvania homeowners, know the pain of HOA Continue ReadingHOA’s 10-year assault on free speech comes to an end
By Deborah Goonan, Independent American Communities firstname.lastname@example.org 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)
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)
By Deborah Goonan, Independent American Communities FHA to ease condo financing, claims it will boost homeownership If you’ve been following housing news over the past several years, you’ve probably read many articles on proposed revisions to FHA financing. The HOA-industry, including trade group Community Associations Institute (CAI) and the National Association of Realtors (NAR) have been pushing their agenda to ease mortgage qualification standards for condos for several years. Now it looks like stakeholders Continue ReadingHow will changes in FHA financing affect condo homebuyers?