CAI Foundation for Research publishes 2014 Fact Book

August 06, 2015 - Owners Developers & Managers

Janet Aronson, CAI-NE

The Foundation for Community Association Research has released the 2014 edition of its acclaimed Community Association Fact Book, an unparalleled compilation of data about common-interest communities.
The four-part compendium provides historical data on the number of U.S. homeowners associations, condominiums and cooperatives; the number of units in those communities; and the number of people who call them home.
The resource also includes updated housing data for all 50 states and the District of Columbia, including general housing characteristics; age of residents, household type, disability and place of birth; property values and real estate taxes; and mortgage data—with and without a mortgage by age group and compared to national data.

The Fact Book is divided
into four parts:
* The National and State Statistical Review for 2014—a summary brochure of key national and state data;
* The Community Association Fact Book 2014—comprehensive data and information;
* State-level association data and information; and
* Data on 55+ U.S. condominium owners in each state and the District of Columbia.

The new edition includes the following, with a lot of the information new to this edition:
* A section on community associations in other countries, including a table on general population and housing data.
* Data comparing community associations to other entities such as public charities, corporations, partnerships and governmental units.
* New National Flood Insurance Program data on condominium policies, claims and premiums in all states.
* Additional links to Federal Housing Administration programs, including new data on cooperatives.
* New information on community association lien priority issues and related litigation.
* Links to publications, such as Ethics, the Foundation's latest best practices report; and surveys, such as the most recent national survey of community association residents

"This is an incredible resource for any stakeholder with an interest in community associations," said foundation executive director Dave Jennings, CAE.
The Foundation for Community Association Research provides authoritative research and analysis on community association trends, issues and operations. Its mission is to inspire successful and sustainable communities.
The fact book and other foundation resources can be downloaded at www.cairf.org.
Janet Aronson, Esq. is the 2015 CAI-NE chapter president, Wellesley, Mass.
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