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 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.
Generating adequate reserve funding in your community can seem like a daunting task, but doing so is a necessary step in providing for ongoing preventative maintenance and structural inspections and repairs, and safeguarding your community’s future. An Iowa community association was forced to tackle their reserve funding head on when faced with severe maintenance challenges they couldn’t afford.
For people across the world, winter holidays symbolize the turning of seasons, and with it, the bringing together of communities. For those living and working in community associations, the holiday season can present an opportunity to strengthen community ties. Small changes to your holiday newsletters and community decor can make a big difference to your residents.
