5 Items HOAs need to stop (or, start) paying for in 2022

Now that the holidays are over, it’s time for us to get back to work—in our industry, that means budgets! Specifically, HOA budgets. If you’re a member of an HOA board or community manager, this is an annual conversation. You’re likely asking questions such as: How do our reserves look? What’s the next landscaping or remodeling project we’re working on as a community? Do we need to raise HOA fees?

While those are all valid, essential questions, there may be other things you’re not considering. At California Builder Services, we’ve collected and worked on thousands of HOA budgets for associations across the state of California, from Lake Tahoe to San Diego and every region in between. Truthfully, we’re surprised by some of what we see when we audit an HOA budget.

Look, we get it. There are things you really want to do for your community. But, you need to ask yourself—was it really worth it? If it was coming out of your direct bank account, would you splurge on that item?

With that in mind, we’re building a checklist of five items you need to review at your next board meeting, followed by a recommendation to either STOP…or START paying for them.

Stay up to date.

Sign up our newsletter for latest article and news.

The Effects of Lower Rates on New and Existing Home Sales

The Federal Reserve is hoping to provide some economic relief to Americans through an interest rate cut made in September, as preparation for a potential recession continues. Higher interest rates have stunted the housing market, as home buyers are pulling back due to high borrowing costs and soaring home prices.

Read More »
California's Homebuilding Surge: A Promising Outlook

California’s Homebuilding Surge: A Promising Outlook

As interest rates begin to subside, developers are ramping up efforts to build new apartments, condos, and single-family homes across the state. In this blog, California Builder Services will break down this increase in construction and its potential implications for builders and future buyers.

Read More »
Schedule a Call
Discuss your project or needs with someone from the California Builder Services team.