Tools commonly used in the Home Owners Associations industry for day-to-day tasks and operations.

• HOA management software
• Accounting software
• Communication tools (e.g. email, newsletters, social media)
• Maintenance and repair tools (e.g. landscaping equipment, pool maintenance equipment)
• Legal resources (e.g. attorneys, legal documents)
• Insurance policies (e.g. liability insurance, property insurance)
• Financial tools (e.g. budgeting software, payment processing tools)
• Meeting management tools (e.g. agendas, minutes, voting software)
• Architectural review tools (e.g. guidelines, approval forms)
• Security tools (e.g. cameras, security personnel)

Common products and services typical of NAICS Code 813990-01, illustrating the main business activities and contributions to the market.

• Community landscaping
• Pool maintenance
• Clubhouse management
• Architectural review
• Security services
• Financial management
• Legal compliance
• Communication and outreach
• Insurance management
• Meeting management

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Community Association Manager (CAM): A certification that is required in some states for individuals who manage community associations. The Community Associations Institute (CAI) provides this certification.
• Certified Manager Of Community Associations (CMCA): A certification that is required in some states for individuals who manage community associations. The Community Association Managers International Certification Board (CAMICB) provides this certification.
• Association Management Specialist (AMS): A certification that is provided by the Community Associations Institute (CAI) for individuals who specialize in community association management.
• Professional Community Association Manager (PCAM): A certification that is provided by the Community Associations Institute (CAI) for experienced community association managers.
• Reserve Specialist (RS): A certification that is provided by the Community Associations Institute (CAI) for individuals who specialize in reserve studies for community associations.

A concise historical narrative of NAICS Code 813990-01 covering global milestones and recent developments within the United States.

• Home Owners Associations (HOAs) have been around for centuries, with the first recorded instance dating back to ancient Rome. However, the modern concept of HOAs began in the United States in the mid-19th century, with the establishment of the first planned communities. These communities were designed to provide a sense of community and shared responsibility among residents, and HOAs were created to manage and maintain common areas and amenities. In recent history, HOAs have become increasingly popular in the United States, with the number of communities governed by HOAs growing from just a few thousand in the 1970s to over 350,000 today. This growth can be attributed to several factors, including the desire for community involvement and the increasing popularity of planned communities. Additionally, the rise of the internet has made it easier for HOAs to communicate with residents and manage community affairs. Despite some controversy surrounding HOAs, they remain an important part of the American housing landscape.

The anticipated future trajectory of the NAICS 813990-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The Home Owners Associations industry in the USA is expected to continue growing in the coming years. The industry is driven by the increasing number of housing units and the growing demand for community management services. The industry is also expected to benefit from the increasing popularity of smart home technology, which is expected to improve the efficiency of community management services. However, the industry is also facing challenges such as increasing competition from property management companies and the need to adapt to changing consumer preferences. Overall, the industry is expected to continue growing in the coming years, but companies will need to adapt to changing market conditions to remain competitive.

Recent groundbreaking advancements and milestones in the Home Owners Associations industry, reflecting notable innovations that have reshaped its landscape.

• Online Payment Systems: Home Owners Associations are increasingly adopting online payment systems to make it easier for residents to pay their dues and fees.
• Smart Home Technology: Home Owners Associations are adopting smart home technology to improve the efficiency of community management services.
• Mobile Apps: Home Owners Associations are developing mobile apps to make it easier for residents to communicate with management and access community information.
• Green Initiatives: Home Owners Associations are adopting green initiatives to reduce their environmental impact and save money on energy costs.
• Community Events: Home Owners Associations are organizing community events to promote social interaction and build a sense of community among residents.