Thursday, June 16, 2016

Who Lives In A Community Association?

The community association way of living appeals to all sorts of residents; variable in age, income, career, and family status:  

Empty nesters: People who have no kids or whose kids have gotten older and left home find the limited maintenance requirements, conveniences and safety of community association living appealing.

Working couples: Dual-income pairs can pay for traditional homes, but many go for community association living instead since the time they spend on maintenance is reduced.

 Singles: Community associations provide budget-friendly home ownership for single-income individuals.

 Retirees: limited maintenance, safety, way of life and conveniences are all elements of community association living that US seniors find attractive.

First-time buyers: Many making a first-time home purchase discover that it is simpler to get into the real-estate market with the comparatively reduced price of co-op, condominium and planned community units.

 Investors: Community associations attract investors as they frequently make up for shortfalls in regional rental markets. Altogether, community associations give a wide range of lifestyle options for lots of people in modern society.

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