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Homeowners’ Associations in the US

During the recession, the Homeowners’ Associations industry experienced declines due to a decrease in housing starts and an increase in vacant homes. The main source of revenue for the industry is assessment fees that homeowners pay monthly to their respective associations. Yet during the recession, high unemployment and foreclosure rates severely hampered industry revenue. However, as the economy gains steam and per capita disposable income rises, these associations will see an increase in paid assessment fees, thus bringing the industry out of decline. Aging baby boomers will also propel industry growth, as they often join community associations.

A homeowners’ association is a legal entity created by a real estate developer for the purpose of developing, managing, selling or administering a community of homes. It is given the authority to enforce the community’s covenants, conditions and restrictions, and to manage its common amenities. It allows the developer to end his responsibility, typically by transferring ownership of the association to the homeowners after selling off a predetermined number of lots.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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Table Of Contents

Homeowners’ Associations in the US - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY

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