Cohousing is Financially Stable and Predictable
January 30, 2012
Rebecca Disbrow of Cohousing Collaborative, LLC posted this article about the value of cohousing in our soft housing market.
Cohousing Quick Facts Series: Cohousing is Financially Stable and Predictable
If you haven’t gotten a chance to read through the full “Report on Survey of Cohousing Communities 2011″, produced by the Cohousing Association of the United States, I wanted to share some of my favorite facts from it with you. I’m going to post one of these facts each Monday for the next five weeks, so check back in before you settle into the office (or wherever you happen to be Monday mornings if you’re lucky enough to not be in an office!)
Todays Fact: Cohousing is Financially Stable and Predictable:
- In the survey, only 13% of communities reported any of their units in foreclosure – indicating exceptional financial stability of cohousing communities
- Nearly 90% indicated their cohousing property is valued higher (43%) or about the same (46%) as local real estate. Here is what that bell curve looks like:
To read more from the Cohousing blog: Click HERE
To read more about the economics of senior cohousing: Click HERE
