Friday, July 10, 2015

The Results Are In: HOA Residents Are Happy




We’re confident that most residents are happy living in our communities—and we certainly hope you are among them. But how do the more than 62 million Americans who live in homeowners associations and condominium communities feel about their own associations? Are they happy with their elected boards? How do they feel about the rules? What about their association assessments?

The Foundation for Community Association Research sponsored a recent national public opinion survey to answer these and other questions. Here are some of the key findings:

  • 70 percent of residents in common-interest communities say they are satisfied with their community association experience, while 8 percent express dissatisfaction and 22 percent are neutral on the question.
  • 88 percent of residents believe their association board members strive to serve the best interests of the community, while 12 percent disagree or aren’t sure.
  • 73 percent say their professional managers provide value to their communities, while 21 percent say their managers aren’t an asset to the association and 6 percent say they aren’t sure.
  • 76 percent believe their own community association rules “protect and enhance” property values. Only 3 percent say the rules harm property values, while the rest see no difference.
  • 81 percent of residents say they get a “good” or “great” return for their association assessments, while 18 percent say the return is “not so good or bad.” The rest were unsure.

At Association Management Group we’d like to think that the residents living in our communities are having a positive experience. We encourage you to get involved in your community. There is no substitute for active and constructive involvement and no better way to build a true sense of community.

If you’re especially pleased about your community, share that too! It’s always good to know when your association manager is on the right track. If you have a story you would like to share about your community, how your community works together, your community involvement helping residents, please submit your story. We might just feature it on our blog.

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