First Research US Industry Profile

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Homeowner Associations
SIC Codes: 8641
NAICS Codes: 813990
Last Quarterly Update: 3/6/2023
Organizations in this industry create and enforce restrictions on what homeowners can do with their property to maintain property values and the look and feel of a particular community. No major organizations dominate the industry.
There are about 20,000 homeowner associations (HOAs) in the US, with the industry having a combined annual revenue of about $30 billion.
Competitive Landscape
Demand is driven by construction of communities in which homeowners want to sustain property values through covenants, conditions, and restrictions. The viability of individual associations depends on efficient fee collections and cost controls. Larger associations may enjoy some economies of scale in contracting for services.
Products, Operations & Technology
Homeowner associations (HOAs), which include condominium and co-op associations, provide services to homeowner members and enforce the covenants, conditions, ... plus:
Sales & Marketing
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Finance & Regulation
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Regional & International Issues
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Human Resources
Also includes the following chapters:
Quarterly Industry Update
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Industry Indicators
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Business Challenges
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Trends and Opportunities
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Call Preparation Questions
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Financial Information
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Industry Forecast
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Industry Websites
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Glossary of Acronyms

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