FORT WORTH TX REAL ESTATE - FORT WORTH TX HOMES FOR SALE - FORT WORTH TX FORECLOSURES

Make a Fort Worth condo, townhome or other community association property your second home and, chances are, you'll be pretty happy with your choice. More than seven in 10 condo and townhome residents say they are satisfied with their purchase, according to a recent survey conducted by Zogby International for the Foundation for Community Association Research.

The foundation periodically conducts the survey to keep tabs on the perceptions of those who live in condos and townhomes and to identify recent trends in the condo world.

Satisfaction is a big trend in housing communities governed by homeowners associations due to a host of reasons.

Compared to single-family homes, condos are generally less expensive.

That's particularly true in areas where condo speculation once ran rampant, including Florida, Nevada, California and other areas which are now loaded with bargains not seen in years. Cheaper prices make condos cheaper to operate as a vacation home, because property taxes, homeowners insurance and utility bills cost less.

The National Association of Realtors (NAR) reported that in November, a 13-month supply of condos had swamped the market. That was the biggest backlog since NAR began keeping condo statistics in 1999. The National Association of Home Builders expects the oversupply to last through 2009.