Vantaca and Maegan Woytek are proud to present this week's news you need to know happening across the industry! We plan to bring you all the critical news, regulatory shifts, market shifts and operational insights that are impacting your business every other week, so you can stay ahead of it. What you need to know for this week's episode:

1. Mortgage rates are knocking on 7% again. The Wall Street Journal is calling it a stagnant market — and if you're running a management company, you're already feeling what that means.
2. NPR just reported on data centers....yes, data centers.... moving into residential neighborhoods across the country. The National Association of Realtors just released a first-of-its-kind study on how these facilities are affecting property values and the short answer is...well it depends?

Subscribe or follow us on the NEW Guilty by Association website for ongoing industry updates and more conversations from Vantaca: https://www.vantaca.com/gba

Vantaca and Maegan Woytek are proud to present this week's news you need to know happening across the industry! We plan to bring you all the critical news, regulatory shifts, market shifts and operational insights that are impacting your business every other week, so you can stay ahead of it. What you need to know for this week's episode:

1. The WSJ reported Fannie Mae and Freddie Mac are raising condo reserve requirements from 10% to 15% of annual dues. With 39% of associations already in a "weak" financial state, boards that have been deferring the reserves conversation can't afford to wait any longer.
2. Yahoo Finance reports older condos built before 2000 are now carrying double the annual fees of newer buildings, making it critical for managers to get in front of their boards with a clear reserve plan before the market makes that decision for them.

Subscribe or follow us on the NEW Guilty by Association website for ongoing industry updates and more conversations from Vantaca: https://www.vantaca.com/gba

Vantaca and Maegan Woytek are proud to present this week's news you need to know happening across the industry! We plan to bring you all the critical news, regulatory shifts, market shifts and operational insights that are impacting your business every other week, so you can stay ahead of it. What you need to know for this week's episode:

1. HOA foreclosures are rising as more residents struggle to keep up with assessments and housing costs, putting added financial pressure on associations and forcing many communities to take a harder line on delinquencies.
2. At the same time, a growing divide in homeownership means millions of younger adults remain priced out of the market, suggesting the financial stress affecting residents today is unlikely to ease anytime soon.

Subscribe or follow us on the NEW Guilty by Association website for ongoing industry updates and more conversations from Vantaca: https://www.vantaca.com/gba