Posted by Admin on Tuesday, April 30th, 2024 @ 8:59:09 PM
An estimated **30-40%** of community associations, which include condominiums, are self-managed.
This means they may use professional assistance for specific projects and services but do not employ a professional manager or management company.
According to the most recent Community Associations Institute (CAI) Statistical Review an estimated 30-40 percent of community associations are self-managed. The number of community associations in 2023 is estimated at 347,000 which included 27 million housing units.
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