Governing, managing, and serving community associations has become increasingly demanding and stressful. Volunteers, managers, and business partners are attempting to outrun burnout, but it’s no easy task. Explore the six most common reasons for burnout and a few solutions.
Community association managers have an important role offering advice and coaching to homeowner volunteers. The partnership between a manager and volunteers is vital and includes constant communication and planning.
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.
