According to the Foundation for Community Association Research, around 75.5 million people in the United States live in a homeowners association (HOA) community, which is more than 30% of the U.S. housing stock. Reserve studies refers to a vital capital planning tool for Homeowners Associations and condominium associations that provides directional guidance and an in-depth analysis of community assets.
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.
On August 30, 2019, legislation was enacted that focuses on balcony safety, particularly balcony safety for common interest developments. Senate Bill 326 (SB 326) requires
Remember that old saying about what happens when you ASSUME? Well… it’s still true. We have a client who bought close to 100 lots on
DRE Regulations allow for HOA assessments to be waived for HOA-maintained improvements that are not complete. Regulation 2792.16c, in a nutshell, allows a complete deferment
Do you develop your project in one company/entity, and then sell homes from another entity? If so, this article is for you! When the Department
Selling homes in phases? Consider structuring your next subdivision map to include multiple road lots. Asphalt streets are definitely one of the most expensive items
Filing bonds on subdivisions are one of those requirements that you can’t often avoid, without delaying getting your project to market. Subdividers under a Final
Last night, before going to bed, I saw the S&P Homebuilders Index (XHB) was up over 8% in after-hours trading. This morning, I checked and
This is by far the most-frequent question we encounter in our day-to-day business. And the good news is, that we can usually provide a fairly
If you have questions, we’d love to hear from you!
