Remodeling projects to create ADUs may be increasing due the lack of affordable housing in expensive metropolitan areas, a reduced rate of housing production, and increased doubled-up households, the National Association of Home Builders finds.
Community association management is becoming a sought-out career with growth for new hires expected in the coming decade, according to the U.S. Bureau of Labor Statistics.
More and more, older adults favor aging in place, preferring to remain active and independent beyond middle age while still having access to transportation options and healthcare services they can use as their needs change.
As natural disasters become more frequent and destructive, it’s important that community associations adopt a comprehensive plan to prepare, respond, and recover from these extreme weather events.
Despite a competitive housing market and current concerns about housing affordability, 70% of Americans still see owning a home as a clear sign of success in adulthood, according to Wells Fargo’s 2019 “How America Views Homeownership” survey.
Community associations fall victim to theft and embezzlement too frequently. Board members should know the warning signs and institute preventive measures before the community is left with a difficult recovery.
Condominiums and cooperatives in New York City have until Jan. 1 to comply with a safety regulation from the city’s Department of Buildings that requires installation of door-lock monitoring systems to prevent an elevator from moving if the doors are not fully closed.
It can be a tall order to enforce your association’s governing documents. Doing so in a way that promotes community spirit can be even harder, but you can be effective, flexible, and consistent with these steps.
Smoking bans in the U.S. have become commonplace over the past three decades. Secondhand smoke concerns have ignited efforts to completely ban smoking in high-rise residential buildings too.
Between student loan debt, the high cost of living in large cities, and rising housing prices, buying homes has become less practical for young people. Crowdfunding could be the means to make owning a home a reality for millennials.