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Realizing that energy conservation and managing HOA community environmental footprints is crucial, board members have a responsibility to homeowners to exercise financial prudence and proactively seek ways to manage rising costs.

Of all the expenses you encounter as a homeowner, community or condo association, energy ranks toward the top of the list. Many of us see this as a given. We need lights. We need heating and cooling. We need to warm our water and prepare our food. And while the necessity of energy use will never change, how much we pay for it, and how much we need, can.

Keeping your homeowner association (HOA) or community association’s finances healthy works the same way as staying physically fit: don’t overindulge and make smart choices. And the upside is that the only thing you’ll have to exercise is good judgment. Here are some tips to help you do just that.

For many people, New Year’s Eve is the biggest party of the year. But before you pop that champagne cork or put on your best party hat, think about your four-legged friends – and how your gala plans may affect them. Fireworks and other noisy celebrations make many pets scared and anxious, and sadly, many shelters report an increase in lost dogs and cats this time of year.

Live long and prosper… More than just a catchphrase for the crew of the Starship Enterprise, the desire to live longer and better is a goal many of us hope to achieve. And many of us already are – in fact, the Centers for Disease Control and Prevention (CDC) reports that the average life expectancy continues to rise each year, and is now just shy of 80 years. Want even more proof we’re living longer and more active lives than ever before? Check out the growing popularity of active adult communities, which offer a host of fitness, recreational, social and educational programs exclusively to residents 55 or better.

If you could, would you want to live forever? Jeanne Calment of France, who was 122 ½ years old when she died in 1997, holds the world record for longest confirmed lifespan – long enough that as a child, she actually met Vincent Van Gogh and watched the construction of the Eiffel Tower.

Life in a high-rise property has its rewards. With great amenities, good security, and even concierge services, there are many advantages that are specific to just this kind of lifestyle. Similarly, there are specific requirements when it comes to insuring it, too. High-rises often have multiple residences, each with their own policies, plus shared common spaces, which also require coverage. Here are a few areas to help you determine if you and your high-rise community is adequately covered.

Living in a residential community means around-the-clock routine maintenance to preserve the community and its assets. But there comes a time when one of your assets will reach the end of its useful life and require a replacement or significant repairs.

It’s the typical budgeting dilemma for community association boards: How do you keep assessment fees manageable and still maintain the community’s operations?

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.