Sturti | E+ | Getty ImagesWhen shopping for a home, many buyers may hope to avoid purchasing a property subject to a homeowners association. In 1970, there were 10,000 community associations with about 2.1 million residents, per the Foundation. The entity is an affiliate organization of Community Associations Institute, a membership group for HOAs and other community organizations. HOA membership is more common in some areas. About 60% of surveyed homeowners reported having a positive experience with their community, according to Frontdoor.

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Persons: Thomas M, Skiba, Steve Horvath, Frontdoor Organizations: Finance, Census, Foundation for Community Association Research, Community Associations Institute, CNBC, HOA, American National Bank of Texas Locations: U.S, HOA, an, homebuyers, HOAs, Florida, HOA United