HOA Management: The Five Most Significant Challenges Facing American Neighborhoods - PowerPoint PPT Presentation

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HOA Management: The Five Most Significant Challenges Facing American Neighborhoods

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For successful HOA management, every board member must pay particular attention to the most pressing challenges facing homeowners today. Certain trends are having a dramatic impact on communities. Greater diversity, evolving technology, a faster pace of life, and a host of other transformations all contribute to a less connected, distracted and more self-absorbed U.S. population. Learn more about HOA Management by visiting . – PowerPoint PPT presentation

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Title: HOA Management: The Five Most Significant Challenges Facing American Neighborhoods


1
  • HOA Management
  • The Five Most Significant Challenges Facing
    American Neighborhoods

2
HOA Management
  • Board members must pay particular attention to
    pressing challenges facing homeowners today
  • Certain trends are having dramatic impact on
    communities
  • Greater diversity, evolving technology, faster
    pace, and other transformations all contribute to
    a less connected, distracted and more
    self-absorbed U.S. population

3
HOA Management
  • AAM conducted a in-depth research study, and
    unveiled information board members must consider
    in HOA management plans

4
HOA Management
  • Challenge 1 Affecting HOA Management
  • The Traditional Stereotypes May No Longer Hold
    True
  • According to the AAM study, todays families
    still value home ownership
  • A New York Times and CBS News poll conducted in
    June 2011 found similar results
  • Approximately 90 said home ownership is
    important part of American dream, but 25 said
    their home was underwater. This dream turned into
    a nightmare

5
HOA Management
  • Challenge 2 Affecting HOA Management
  • A More Diverse Population and Living Arrangements
  • March 2012 study conducted by New York Times and
    the Daily Beast, more than a million suburbanites
    nationwide are living below the poverty line
    compared to city dwellers

6
HOA Management
  • Challenge 2 Affecting HOA Management
  • A More Diverse Population and Living Arrangements
  • Other demographic dynamics affect communities
    new norms include multi-cultural families, unwed
    parents, foster families, divorced adults,
    diverse unions, adoption with no marriage,
    marrying after a baby, single parents and
    multi-generational homes - U.S. Census USA
    Today, 2012 Parents.com

7
HOA Management
  • Challenge 3 Affecting HOA Management
  • A Feeling of Greater Instability among Americans
  • Economy remains a top concern. October 2011
    Reason Rupe opinion poll found 47 ranked jobs
    and unemployment as two main worries

8
HOA Management
  • Challenge 4 Affecting HOA Management
  • More Americans Have Become Distracted and
    Disconnected
  • Technology has improved life, but it can cause
    people to be increasingly disconnected. When
    people are cut-off from each other, they are more
    likely to become dissatisfied with their lives

9
HOA Management
  • Challenge 5 Affecting HOA Management
  • Neighborhood Relationships are Struggling
  • StateOfNeighbors.com study of July 27, 2011 found
    nationally 25 of Americans know most or all of
    their neighbors' names
  • All findings on AAMs research can be found on
    http//www.associatedasset.com/homeowner-associati
    on-management/5-most-significant-challenges-facing
    -american-neighborhoods

10
HOA Management
  • AAM works with many of the largest homebuilding
    and community development companies in the United
    States such as Del Webb/Pulte, Shea Homes and
    Meritage Homes
  • Founded in 1990, AAM employs 370 people and
    manages nearly 400 homeowners associations in the
    United States

11
HOA Management
  • About the Author
  • Susan Williams is Vice President, Business
    Development and Marketing at AAM Community
    Management, one of America's most-respected
    Homeowner Association (HOA) management companies.
    Learn more about HOA Management by visiting
    http//www.AssociatedAsset.com/.
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