A new study by the Foundation for Community Association Research examines trends in community association living—including in homeowners associations and condominiums—in Florida.
Community associations, commonly referred to as homeowners associations (HOAs), condominiums, housing cooperatives, and mixed-use communities, remain preferred places to call home for nearly 10 million Floridians, according to the 2018 Homeowner Satisfaction Survey, conducted recently by Zogby Analytics for the Foundation for Community Association Research (FCAR). The nationwide survey also closely examines the community association housing model in Florida, where research shows the majority (64 percent) of Floridians say their community association rules protect and enhance their property values. Eighty-two percent of those surveyed expressed that neighbors elected to their community's governing boards “absolutely" or “for the most part" strive to serve the best interests of the community.
Nationwide, 63 percent of homeowners surveyed live in single-family homes, followed by 17 percent who live in condominiums, and 14 percent who live in townhomes. Additionally, 62 percent of Florida community association residents say the fact that their homes are in a community association had “no impact" on their decision to buy or rent.
“The results of the 2018 survey confirm that community associations are 'preferred places to call home' and repudiates how the media often portray these communities," says Thomas M. Skiba, CAE, CAI's chief executive officer. “We know that from city-sized, master-planned communities to multi-building condominium complexes, today's community associations are vibrant and diverse places that residents from all backgrounds, races, and religions call home. These residents are civically active and—most important— see a value in community association living."
Today, 70 million Americans live in 344,500 common-interest communities, according to the 2017 National and State Statistical Review for Community Association Data. With 48,000 community associations housing 9.7 million residents, Florida has more community associations than any other state in the U.S.
Community Associations Institute (CAI) is the only global organization establishing standards and offering best practices and world-class education for community association board members and managers. Florida has eight CAI chapters across the state delivering critical resources, information, and guidance to people living and working in the state's community associations. Visit www.caionline.org/chapters for a complete list of Florida chapters.
The Foundation conducted similar surveys in 2005, 2007, 2009, 2012, 2014, and 2016. Results can be accessed at foundation.caionline.org.
About Foundation for Community Association Research (FCAR) The Foundation for Community Association Research (FCAR) was founded in 1975. FCAR is a 501(c)(3) organization that supports and conducts research and makes that information available to those involved in association development, governance, and management. FCAR provides authoritative research and analysis on community association trends, issues, and operations. Our mission is to inspire successful and sustainable communities. We sponsor needs-driven research that informs and enlightens all community association stakeholders—community association residents, homeowner volunteer leaders, community managers, and other professional service providers, legislators, regulators, and the media. Our work is made possible by your tax-deductible contributions. Your support is essential to our research. For more information, visit foundation.caionline.org.
About Community Associations Institute Since 1973, Community Associations Institute (CAI) has been the leading provider of resources and information for homeowners, volunteer board leaders, professional managers, and business professionals in 344,500 homeowners associations, condominiums, and co-ops in the United States and millions of communities worldwide. With nearly 40,000 members, CAI works in partnership with 36 legislative action committees and 64 affiliated chapters within the U.S., Canada, United Arab Emirates, and South Africa, as well as with housing leaders in several other countries, including Australia, Spain, Saudi Arabia, and the United Kingdom. A global nonprofit 501(c)(6) organization, CAI is the foremost authority in community association management, governance, education, and advocacy. Our mission is to inspire professionalism, effective leadership, and responsible citizenship—ideals reflected in community associations that are preferred places to call home. Visit us at www.caionline.org and follow us on Twitter and Facebook @caisocial.
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