Empty nesters: People without children or whose children have grown up and moved out are attracted by the low-maintenance, amenities and security of community association living.
Working couples: Double-income couples can afford traditional homes, but many prefer community association living because they don’t have to spend as much time on maintenance.
Singles: Community associations offer affordable homeownership for those with a single income.
Retirees: Low-maintenance, security, lifestyle and amenities are all aspects of community association living that appeal to senior Americans.
First-time buyers: Many first-time buyers find it easier to enter the real-estate market with the relatively lower cost of co-op, condominium and planned community units.
Investors: Community associations appeal to investors because they often compensate for shortages in the local rental markets.
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