Special offer

Americans Rate Their Community Associations. New Construction Homes for Sale in Bunt Hills NY. Todd Stewart of Stewart Construction-Custom Home Builder in Burnt Hills NY.

By
Home Builder with Stewart Construction Inc

Americans Rate Their Community Associations.  New Construction Homes for Sale in Bunt Hills NY.  Todd Stewart of Stewart Construction-Custom Home Builder in Burnt Hills NY.

Front of Development

Americans Rate Their Community Associations.  New Construction Homes for Sale in Bunt Hills NY.  Todd Stewart of Stewart Construction-Custom Home Builder in Burnt Hills NY.

Seventy-one percent of the 60 million Americans who live in homeowners associations and condominiums say they are satisfied in their communities.

But not everybody likens association living to a perfect world. While 17% of association residents are neutral on the question of satisfaction, 12% express dissatisfaction with their community associations, according to a national survey conducted by Zogby International.

"There is definitely room for improvement, but it cuts both ways," says Thomas M. Skiba, CAE, chief executive officer of Community Associations Institute, a national, nonprofit organization serving association-governed communities. "Just as there are some poorly managed communities, many associations must contend with some very difficult residents."

Skiba says discontent in associations can be caused by a number of factors, including unreasonable association boards, residents who refuse to comply with established rules, and trying financial circumstances, which have become especially critical for many homeowners and associations during the current housing and economic downturn.

Although some discontent is related to paying community association assessments, eight in 10 homeowners say they get a "good" or "great" return for their fees.

"How many Americans would say that about their taxes?" Skiba asks.

Other survey findings:

  • 89% of residents say association board members strive to serve the best interests of the community.
  • 76% say community managers provide value and support to associations.
  • 70% say their association rules "protect and enhance" property values

Americans Rate Their Community Associations.  New Construction Homes for Sale in Bunt Hills NY.  Todd Stewart of Stewart Construction-Custom Home Builder in Burnt Hills NY.

Comments (0)