Study: Homeowners Associations Are Booming
A recent study highlights a significant growth in homeowners associations across the U.S., emphasizing their increasing role in residential real estate. These associations are now managing a vast portion of new housing developments, impacting housing trends and community management practices. The study indicates that this surge is not just in traditional suburban areas but also in urban and semi-urban regions, reflecting a broader shift towards organized community living that prioritizes managed services and amenities.