Are HOA Residents Happy?

Do you know you are among the more than 60 million Americans who live in homeowners associations and condominium communities? We hope that most residents living in our communities are happy- but how do 60 million residents feel about their own associations?
Last year, The Foundation for Community Association Research, an affiliate of Community Associations Institute (CAI), sponsored a national public opinion survey to answer these and other questions.  Here are some of the key findings:

• 71 percent of residents say they are satisfied with their community association experience. Only 12 percent express dissatisfaction and 17 percent are neutral on the question.
• 89 percent believe their association board members strive to serve the best interests of the community, while 11 percent say the opposite or they aren’t sure.
• 76 percent say their professional managers provide value to their communities, while 24 percent say the opposite or they aren’t sure.
• 70 percent believe their community association rules “protect and enhance” property values. Only 2 percent say rules harm property values, while about 29 percent see no difference or didn’t know.

We hope that we’re better than the national averages. If you feel different, please let us know. Your feedback is important to us! Also, if you are pleased about your community share that too, we would love to hear!

via hoamanagement.com