MN Working Group Recommendations for CICs/HOAs
From Lynn Boergerhoff, president, HOA Leadership Network | The Minnesota Legislative Working Group on Common Interest Communities and Homeowner Associations published its priority recommendations to the Legislature on Friday, January 24, 2025. While these recommendations may appear differently in any proposed legislation, they are presented here to better understand the [...]
Those Darn Insurance Premiums
I was privileged to be contacted by a reporter from Yahoo Finance about the plight of the HOA homeowner and the increases in the insurance premiums we've all been seeing these past five years or so. She was very organized and had a good handle on the issue. I did [...]
Realtor.com Releases New HOA Fee Report
Realtor.com just released a national study on HOA fees being charged at for-sale listings, and the findings aren't too surprising. HOA fees are rising, driven by insurance premiums and the rising cost of, well, everything. Among their main findings. 40.5% of for-sale listings in 2024 had a nonzero HOA fee, [...]
HOA Survey Shows What Homeowners Really Think
We have seen a lot data regarding HOA fees, insurance factors, reserve study trends and other HOA topics, but not much has been written about what homeowners who live in HOAs really think about what is going on in HOA land. A company called Frontdoor published a survey that we somehow [...]
When Snoopy Gets It Right
HOA Insurance is a hot topic these days, and if you've been watching our YouTube channel or had the pleasure of sitting in the January chapter meeting we held in Eagan this month, you know that people are pretty fed up with the rising costs of insurance. So we thought [...]
Supreme Court Rules on CTA Law
CTA Still On Hold Despite Ruling There is a lot of drama going on over the Corporate Transparency Act, a law that was put into place to mitigate money laundering and shell companies. The on again, off again, on again legislation also affects HOA Boards, and the HOA Leadership [...]