Arizona Association of Community Managers Unveils Results of First Annual Arizona Community Management Impact Study
The Arizona Association of Community Managers (AACM) announced today at the Arizona State Capitol the results of an independent study on the impact of professional community management in Arizona. The 2007 Arizona Community Management Impact Study contains key facts about Arizona residents' satisfaction with community management and the financial impact of management on Arizona housing values and economy.
"Millions of Arizonans are directly impacted by community management," says Linda Lang, AACM's executive director. "We commissioned this study to better understand the attitudes of Arizona's homeowners toward their community associations and have found the results to be overwhelmingly positive. Our research shows that HOAs and community management have a positive impact on property value and that homeowners are satisfied with their associations."
The study preview distributed at the Capitol includes the following key findings:
-- More than two-thirds of Arizona homeowners living in an association-governed community feel their community association has a positive impact on property values;
-- 86 percent of members of homeowners' associations feel their board of directors tries to do what's best for the community;
-- 74 percent of homeowners in HOAs feel the CC&Rs had a positive impact on property value; and,
-- More than 80 percent of survey participants feel it was important that their association use a management company that is a member of AACM, with more than one-third describing it as "very important."
"We are very pleased with the results of the study," explained Lang. "We intend for this survey to be an annual process. Our management company members and affiliate partners work hard to care for Arizona's communities and want to ensure they are providing the very best service to them."
A PDF of the Impact Study Preview can be downloaded and viewed at the following Web site address: http://www.aacmonline.org/News-Room~143626~10622.htm. This summary includes the methodology used in collecting the data, along with a full review the findings.
For more information please contact AACM at www.aacmonline.org or 602-685-1111.
About AACM:
The Arizona Association of Community Managers (AACM) is a professional organization dedicated to promoting a positive understanding of community associations and the contribution of professional management in the development, establishment and maintenance of Arizona's communities and property values. AACM is comprised of 42 management company members and 176 affiliate partners. Along with these trusted affiliates, AACM provides dedicated support to communities throughout Arizona. Through its Homeowners Outreach Program Enterprise (HOPE), AACM provides financial assistance to homeowners and communities and conducts annual charity projects. The HOPE grants and charity projects together contribute tens of thousands of dollars to those most in need. For more information, please contact AACM at 602-685-1111 or visit www.aacmonline.org.