October 27, 2005

Are HOA's good for property values?

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Are HOA's good for property values?

- by Jeff Hoffman

© Jeff Hoffman- All Rights reserved
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Some 54.6 million people live within a neighborhood governed by a Home Owners Association (HOA), but are they good for property values? That was the question asked by two George Mason University researchers in a study they recently released within the Fall issue of Regulation Magazine.

Here's what the authors found...

Homes within an HOA, are worth, on average, 5% more than similar homes not within an HOA. Most people consider this a significant increase in value, which helps to explain why HOAs have become so popular.

You can read the enitre article here.

(note: This is a PDF document. You need AdobeAcrobat to open this link.)

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Jeff Hoffman is the President of Hoffman Realty Group, Inc. and has assisted in over 100 relocation transactions during his real estate career. He is the creator of a powerful home selling system designed for the home seller not the real estate agent. To learn more about his Smart Seller Home Selling System visit
www.SmartSellerListing.com

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