When you purchase a condominium, townhouse or single-family home in a planned development, you must join that community’s homeowners association (HOA) and pay monthly or annual HOA fees for the upkeep of common areas, shared structures and shared exteriors. About one in five U.S. homes belong to a homeowners association, according to a data analysis by
Red Seal Homes has successfully unveiled new construction townhome projects, such as the Terraces at Provenance, the builder’s master-planned community of single-family homes, duplexes and townhomes in the north Chicago suburbs. Soaring land and building costs, higher median single-family home prices, growing preference for dense, walkable environments and the need for a bridge between renting
This is a guest post by Millionaire Mob, a blog focused on investing in dividend growth stocks and travel hacking. They have helped thousands of people with bettering their financial future through passive income and dividend investing. Follow them on Instagram, Twitter and/or Facebook for all the latest updates. There is no denying that the
As more and more baby boomers retire, many of them flock south for winters. Often called snowbirds, they like flying to a sunny, warm climate where they won’t need to shovel the snow off the sidewalk or face a car battery than won’t crank. However, before taking off for your winter destination, ensuring your home
(GlobeNewswire) – According to a report published by the Foundation for Community Association Research (FCAR), 21 percent of the U.S. population resided in a community association in 2016. (e.g. homeowners associations, condominium communities, and housing cooperatives). The research is produced by the Foundation in conjunction with Community Associations Institute (CAI), the leading international authority in
In some cities, developers are maximizing the use of property by building multi-family housing, often high-rise condominiums as well as low-rise, garden-style buildings. In suburban areas, real estate development is taking shape in the form of townhouses with condominium ownership. Every residential condominium project has three distinct features: Dwelling units: There is a single housing