hoatalk (California)
Posts: 603
Posts: 603
Posted:
CAI has released their latest Community Association survey which may be of interest to some of you and should spark some discussions. It was based on more than 700 telephone interviews conducted in November 2007.
Here's some of the findings:
- 70% of community association residents said they were satisfied with their association; 20% were neutral and 10% unhappy.
- "Eighty-eight percent of community association residents believe their association board members strive to serve the best interests of the community."
- "Many associations use professional management services, and 73 percent of residents say their managers provide value to their communities."
- "Almost eight in 10 say they get a good return for their assessments, while 20 percent expressed some level of dissatisfaction. Monthly assessments can range from less than $25 to more than $500. Fifty-four percent pay less than $100 a month, while 31 percent pay between $100 and $300."
- "Eighty-six percent of respondents said they knew they were moving into an association when they decided to purchase or rent."
- "Although some residents would prefer to see fewer restrictions, 74 percent believe community association rules "protect and enhance" property values. Only 3 percent say rules harm property values, while about 22 percent see no difference. Rules can involve architectural elements, pets, landscaping, parking and fences."
- "More than 60 million Americans live in an estimated 300,000 homeowner associations, condominium communities, cooperatives and other planned developments, up from 45 million residents in 223,000 communities in 2000."
Click Here to read the whole article
Here's some of the findings:
- 70% of community association residents said they were satisfied with their association; 20% were neutral and 10% unhappy.
- "Eighty-eight percent of community association residents believe their association board members strive to serve the best interests of the community."
- "Many associations use professional management services, and 73 percent of residents say their managers provide value to their communities."
- "Almost eight in 10 say they get a good return for their assessments, while 20 percent expressed some level of dissatisfaction. Monthly assessments can range from less than $25 to more than $500. Fifty-four percent pay less than $100 a month, while 31 percent pay between $100 and $300."
- "Eighty-six percent of respondents said they knew they were moving into an association when they decided to purchase or rent."
- "Although some residents would prefer to see fewer restrictions, 74 percent believe community association rules "protect and enhance" property values. Only 3 percent say rules harm property values, while about 22 percent see no difference. Rules can involve architectural elements, pets, landscaping, parking and fences."
- "More than 60 million Americans live in an estimated 300,000 homeowner associations, condominium communities, cooperatives and other planned developments, up from 45 million residents in 223,000 communities in 2000."
Click Here to read the whole article
HOATalk.com, A free service of Community123.com
Provider of Upscale Community Websites
CLICK HERE to get a FREE trial community website
*See legal notice below (end of page)
Provider of Upscale Community Websites
CLICK HERE to get a FREE trial community website
*See legal notice below (end of page)