Projections from the Foundation for Community Association Research, an affiliate of Community Associations Institute, estimate 3,000 to 4,000 new condominium communities and homeowners associations will be built in 2025. Community associations — including homeowners associations, condominiums, and housing cooperatives — currently house 77.1 million Americans and comprise 30% to 33% of the U.S. housing market.
This year, Ungated published 50 posts on trends and topics important to community associations. Revisit the top five most read posts and look for more content relevant to community association leaders and residents in the new year.
Community associations need to closely monitor legal developments regarding the Corporate Transparency Act. As four U.S. district courts hear appeals related to the constitutionality and application of the act, any updates could further change requirements for community associations.
Community associations across the country are coming alive with festive lights and holiday decorations. As residents gather to celebrate the season, it also means an influx of cars, guests, noise, and packages. To ensure a cheerful and festive holiday season, communities should plan, adopt, and communicate reasonable guidelines.
Committees play a crucial role in the success of community associations, offering valuable support to both board members and community managers. When boards and committees have defined roles and responsibilities, communicate well, and schedule special appreciation events for volunteers, communities thrive.
In the dynamic world of community associations, effective leadership is crucial. But traditional top-down approaches in leadership often fall short. Incorporating effective everyday mentorship in your leadership efforts provides continuous support, guidance, and development opportunities.
