Community Trends - May 2025

MANAGEMENT TRENDS... from page 30.

Challenges of Community Association Living On the flip side, the top three neg ative factors of community association living, according to the survey, were: • Paying dues • Restrictions on exterior home main tenance • According to 14.6% of respon dents, there’s nothing bad Making Data-Driven Decisions as Board Members So, why is it important to be aware of these statistics? For board members and homeowner leaders, it’s critical to ensure that you’re considering objec tive factors and not simply your own preferences in your decision making. Perhaps, as a board member, you believe that the pool is one of the best features of your community, and for some communities, that may be true, however, for those thinking of buy ing a home within your association, opinions may be very different. Even among your current residents, there may only be a small percentage that feel as you do. Remember that only 6.1% of partici pants in the survey said that amenities were the key factor in their home-buy ing decision. Knowing where you should direct attention strategically has a direct effect on how attractive your community is to current owners as well as prospective buyers, who are weighing a variety of choices before making one of their life’s larg est investments.

of industry-defining community management

Accounting Accurate accrual-based financial reporting Management Time tested maintenance solutions Communication Keeping boards, owners and residents informed Technology Leading-edge software platforms and financial tools

To learn more, visit IntegraMgtCorp.com or call Edward San George, MPA, PCAM at ( 973) 770-1500 .

200 Valley Road, Suite 203 Mt. Arlington, NJ 07856

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CAI-NJ and the Editorial Committee are always looking for new articles to publish in Community Trends. ® Visit https://cainj.org/community-trends/ for author guidelines and upcoming themes. If you are interested in submitting an article for possible inclusion in Community Trends ® , please contact Brooke Stoppiello-Nevins at 609-588 0030 or brooke@cainj.org.

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MAY 2025