By Deborah Goonan, Independent American Communities This week, Shu Bartholomew and I sort out half-truths and illusions surrounding homeownership in the U.S. Do restrictive covenants and homeowners’ associations really protect property values? Are consumers of new homes getting a safe, high quality product? Who truly benefits from the current housing policy? Listen in on the podcast here. Referenced blogs: Firefighters say newer homes burn faster than old homes Colorado developer plans new 900-home community with Continue ReadingHomeownership in HOA-ville: is there any real benefit?
By Deborah Goonan, Independent American Communities I recently became aware of a white paper produced for trade group Community Associations Institute in 2015. Today’s post shares highlights and analysis of the study entitled, The Impact of Community Associations on Residential Property Values: A Review of the Literature. (Prepared by: Erin A. Hopkins, Assistant Professor, Virginia Tech, Blacksburg, VA) Thanks to homeowner and IAC reader, Margaret Dutton, for sharing a link to the study. Purpose of Continue ReadingStudies conclude that HOAs, CC&Rs have little to no impact on property values of mature communities
By Deborah Goonan, Independent American Communities The story of a years-long dispute between Jim Hildenbrand and Avignon Villa Homes Community Association is a textbook example of waste and abuse of the legal system. And it highlights the fact that, even when you “win” a lawsuit against your HOA, you usually lose. As reported by Judy L. Thomas in the Kansas City Star, a Johnson County Judge has ruled that Hildenbrand can keep his landscape, including Continue ReadingOlathe Kansas homeowner’s bittersweet win against his oppressive HOA