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Homeowners' Associations in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Homeowners' Associations Market Research Report | NAICS 81399 | Sep 2016

Building up: New single and multifamily housing construction will benefit the industry

IBISWorld’s Homeowners' Associations market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$62bn
Annual Growth 11-16
6.3%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
1,090,782
Businesses
364,631
Industry Threats & Opportunities
  • The industry will be positively impacted by a continued recovery in the housing market
  • Higher employment increased homeowners’ ability to pay annual assessment fees
  • The industry will benefit from this cyclical recovery in the real estate market
  • ... purchase to read more

Industry Analysis & Industry Trends

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... ... purchase to read more

Industry Report - Industry Investment Chapter

The Homeowners' Association industry has moderate level of capital intensity. In 2016, for every $1.00 spent on labor expenses, industry operators typically invested $0.24 in capital improvements. Capital expenditures, for larger organizations, are directed toward the purchasing of maintenance equipment and vehicles and investments in facilities such as gyms, tennis courts, swimming pools, playgrounds and buildings for social functions. Therefore, larger industry operators typically will have a higher degree of capital intensity.

Generally, homeowner and community associations employ between 1 to 4 employees for regular maintenance work. Some community associations will also hire property management companies. The.. ... purchase to read more

Additional Insights for the Homeowners' Associations Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Homeowners' Associations Industry are

  • Access to volunteer labor
  • Having a good reputation
  • Ability to attract local support/patronage
  • IBISWorld analysts also discuss how external factors such as Homeownership rate and Housing starts in the Homeowners' Associations industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Homeowners' Associations Industry?

    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.

    Industry Products
    Homeowners assessments and membership service feesMembership activitiesRental and real estate related income
     
    Industry Activities
    Operating fraternal organizationsOperating homeowners' associationsOperating condominium associationsOperating community associationsOperating housing co-operativesOperating tenant associations (except advocacy)Operating property owners' associations


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Homeownership rate
  • Housing starts
  • National unemployment rate
  • Number of adults aged 50 and older
  • Current Performance
  • There’s no place like home
  • Assessment fees improve
  • Industry employment slowly expands
  • Chart: Revenue Growth
  • Industry Outlook
  • Cyclical real estate recovery
  • Rising assessments
  • Senior housing communities
  • Table: Homeowners' Associations Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Homeowners' Associations Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Consumers
  • Key Selling Industries
  • Janitorial Services
  • Landscaping Services
  • Pest Control
  • Waste Collection Services
  • Products & Services
  • Homeowners assessments and membership service fees
  • Other
  • Membership activities
  • Rental and real estate related income
  • Chart: Homeowners' Associations Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Homeowners associations
  • Condominium associations
  • Housing cooperatives
  • Chart: Major Market Segmentation for the Homeowners' Associations Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Homeowners' Associations
  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Homeowners' Associations Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Homeowners' Associations Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Homeowners' Associations Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Home Ownership Rate (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    Leasing Cooperative
  • The cooperative does not own the building or property.
  • Limited Equity Co-Ops
  • Limit the resale value of shares.
  • Market-Rate Cooperatives
  • When shareholders may buy and sell their shares at full market value.
  • Senior Housing Cooperatives
  • Housing communities designed for senior citizens.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Homeowners' Associations:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Homeowners' Associations market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Homeowners' Associations, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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