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AB 1572 Is Coming: What California HOAs Should Be Budgeting for Now
AB 1572 will restrict potable-water irrigation of nonfunctional turf in California HOA common areas beginning in 2029. Learn what boards should plan and budget for now.
AB 1572 will restrict potable-water irrigation of nonfunctional turf in California HOA common areas beginning in 2029. Learn what boards should plan and budget for now.
AB 2050 could significantly change how California HOAs fund their reserves beginning in 2032. Just as important, it could make the assumptions inside a reserve study much more consequential to homeowners.
Future HOA amenities in California may require a DRE Completion Bond to protect homeowners and ensure developers finish promised facilities. Learn why these bonds matter and how they safeguard your community’s investment.
If you’re a developer planning a new subdivision or condo project in California, you’ve likely heard about the DRE Public Report requirement. But understanding how long it takes and how much it costs can feel like a moving target. At California Builder Services, we’ve processed thousands of these reports, so here’s a straightforward guide to help you plan.
If you’re a developer, attorney, or consultant preparing a subdivision for sale in California, chances are you’ll need to prepare a Department of Real Estate (DRE) budget as part of the Final Public Report (FPR) application. This guide will walk you through what the California DRE expects in a compliant HOA budget, the common pitfalls to avoid, and how to streamline the approval process.
As the “Silver Tsunami” sweeps across California and the nation, communities are grappling with a pressing challenge: ensuring that aging baby boomers have access to affordable and suitable housing. By 2030, all baby boomers will be aged 65 or older, creating an unprecedented demand for senior-friendly housing options sooner than later. Yet, for many, the dream of aging in place is slipping out of reach due to financial constraints and an inadequate supply of affordable housing.
The 2024 presidential election has sparked fresh excitement in the real estate industry, particularly for new home sales. With President Trump’s administration prioritizing housing affordability and regulatory reform, 2025 holds significant potential for homebuyers and builders alike. As we look ahead, new policies could open the door to more opportunities for first-time buyers and families seeking their dream homes. In this blog, we explore the positive outlook for new home sales and the factors driving this momentum.
According to the California Association of Realtors (C.A.R.), 2025 is looking to be a year of opportunity for the housing market, with home sales and prices expected to rise. Buyers and sellers appear to be returning to the market as lower interest rates and better housing supply conditions increase. For those curious about what next year’s market will look like, California Builder Services is here…
Often, managers of Homeowners Associations (HOAs) are hesitant to conduct special assessments, as the money required to perform them may not be recovered, and the frequency of these payments can be unknown. That’s why it’s important to have reserve funds readily available to pay for these repairs and replacements. The question is, how does the HOA board know how much money it needs to set aside?
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.
If you have questions, we’d love to hear from you!