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There’s a lot to love about living in a community with a homeowners association (HOA). The amenities. The sense of belonging. The high aesthetic standards. But none of that happens without stable finances. With that in mind, here’s the bottom line on financial best practices for your HOA.

Condominiums (condos) and cooperative housing communities (co-ops) are increasingly recognizing the importance of sustainability and energy efficiency in today's world. One vital tool that plays a crucial role in this effort is energy benchmarking.

If your community is professionally managed, consult your property management company for more information – a quality firm can leverage its budgeting and financial experience to provide guidance. But to get you started, we’ve compiled some information about the Consumer Price Index – what it is and what you need to consider before you get started.

What type of neighbors do you prefer – people just like you, or a mix of ages, stages and life experiences? If you like diversity, you’re not alone – age-inclusive communities, aka multigenerational communities, are found in many locations and varieties throughout the U.S. and Canada. But here’s the challenge: since multigenerational communities attract residents of all ages – and multigenerational lifestyle communities offer desirable amenities and programs – how do their associations choose the right mix of activities and programming to meet homeowners’ needs and interests and enhance their lifestyles, both now and in the years to come?

Your home is likely the single largest purchase you will make and your greatest investment. When you sell it, you obviously want to get the greatest return on that investment. A quick Google search will serve up dozens of articles on the things you can and should do to make the most of your home’s value before you sell. A lot of them have great advice – but there are some things we’d like you to consider as well when looking at what will enhance your property values.

Board members have a fiduciary duty to protect the financial interests of both their homeowners association and fellow residents – and that includes ensuring that their HOA’s operating and reserve funds are properly managed, invested and protected.

It’s easy to feel overwhelmed by the sheer volume of stuff we accumulate. And it’s hard sometimes to figure out how to part with things, what to do with them and where they should go. The experts at California Closets, the leader in custom home storage solutions, have you covered. Follow these tips to declutter your home and even do some good in the process.

Homeowners' Association (HOA) living has become increasingly popular in recent years. It offers numerous benefits, including well-maintained common areas, enhanced property values, and a sense of community.

Preparing your association’s annual budget...it can be a source of stress, but more importantly, it’s a valuable opportunity to ensure the financial well-being of both your association and homeowners. Proper association management hinges on this financial tool for both short-term and long-term planning, so it’s important to follow some guidelines.

What’s a great way for homeowners associations to bring residents together, create a sense of community pride and encourage social, cohesive, we’re-all-part-of-the-same team atmosphere? Plan community events!

Summer’s longer days mean more time to enjoy warm weather and sunshine, but they also mean higher energy bills. There is a bright side, however: by implementing an energy management program within your community, you can help keep costs down without sacrificing comfort.

As consumers, we’re familiar with saving money by purchasing products like food and household goods in bulk. But, can this same savings model be applied to the purchases and operational costs of a homeowner association (HOA), condominium or community association?

As a community association board member, the countless hours you volunteer go toward assisting with a very important objective – creating a safe and vibrant community. In many cases, this means assessing your association’s insurance policies to guarantee that your community is fully covered, appropriately insured and receiving the best value for the cost.

You might be surprised to learn that the ancient Chinese have been practicing feng shui for 5,000 years. It’s believed that every object possesses unique energy or life force (chi), which interacts with your own personal energy flow.

Before deciding that pet amenities are right for your community, find out if your residents even want them. How many residents actually have pets? Will most residents be willing to appropriate space and money for these amenities? Depending on your unique needs, constraints, and level of interest, here are five suggestions for making your community more pet-friendly.

A recent study found that 75% of greenhouse gasses in New York City are generated by buildings, primarily multifamily residential buildings. As part of a city-wide effort to incentivize buildings to develop programs to curb emissions, FirstService Residential held its Third Annual Green Expo & Symposium on May 15 in New York. The event featured a panel of industry experts, including FirstService Residential President Dan Wurtzel, who described the benefits of participating in city programs, as well as the opportunities to save money, help the environment and enhance property values.

Swimming pools are one of the most common, and most desirable, amenities in communities. Making sure to have proper community pool insurance coverage.

You’re just starting out and excited to buy your first home, or perhaps your kids have left the nest and you’re finally able to downsize. In this active housing market, you’ve got lots options and things are definitely looking up – so maybe you should, too. We’re talking about vertical living, a.k.a. a high-rise condominium. Could high-rise condo living be right for you?

During these unprecedented times, residents are spending the majority of their time at home to prevent the spread of COVID-19 and protect themselves and their loved ones from infection. One of their primary contact points with the outside world is in your HOA or condo common areas, where they can be at risk of contact with lingering coronavirus or even spread existing virus to other areas of the property. Read on for a comprehensive list of places to clean and how to clean them.

The FirstService Residential customer care center means residents don't have to wait for the right time to call their manager -- the care center provides 24/7 access to help to address their questions and concerns.

What’s your dream winter vacation? According to recent statistics, when temperatures plunge, the four most popular vacation choices, in order, are beach vacations, sightseeing tours, casinos and ski trips. But no matter whether you plan to pack your bathing suit, walking shoes, ski parka or lucky rabbit’s foot, there’s one thing that should always be part of your vacation planning – ensuring home protection while you’re away.

Whether your HOA is self-managed or professionally managed, getting started on your fall and winter prep will help keep your operations running smoothly as the seasons and temperatures change – and that will keep your residents happy as well.

Maintaining your buildings’ assets is not a one-size-fits-all proposition. The common areas require a broad range of routine maintenance and repairs to keep them looking good and operating smoothly.