As we look ahead to 2025, community associations are poised to experience a significant demographic shift. Millennials make up 38 percent of homebuyers, and Gen Z is beginning to embark on homeownership as well. It’s not just TikTok dances that younger homeowners bring to the neighborhood: Executives and HOA/COA board members should be particularly cognizant of the financial burden incurred by Millennial and Gen Z homeowners – and what that means for future patterns in HOA delinquency. Read the article…………………………….
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