CACM CHAT - HOA LIFE

The 2008 housing crisis left a lasting impact on the community association industry, exposing vulnerabilities that many HOAs and condominium communities had never faced before. From abrupt instability to the unraveling of improperly verified “robo-signatures” and unclear mortgage assignments, the effects reshaped the industry for years to come.

On this episode of CACM Chat: The HOA Life podcast, Communications Manager Celeste Huecias sits down with Mitch Drimmer, CMCA, LCAM, President and Industry Principal of Axela, to explore whether the industry may be seeing early warning signs of another housing crisis.

Nearly 20 years later, what similarities are emerging? Mitch discusses what community associations and management companies should be watching for and how they can begin preparing now for the possibility of another period of economic uncertainty.

Tune in for a timely conversation about lessons from the past, signs to watch today, and steps the industry can take to prepare for whatever comes next.

This episode is sponsored by Axela.

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What is CACM CHAT - HOA LIFE?

CACM Chat – HOA Life where no HOA topic is off the table. We’ll bring you stories, trends, legislative matters and best practices in HOA management straight from the day-to-day professionals who work in the California community association management industry and the expert Industry Partners that serve HOAs. CACM was founded in 1991 to elevate professionalism in community management through California specific education and certification. Rapidly changing laws, new advanced technology, and an ever-evolving workforce. Geared toward the community association management industry. Tune in every week and make sure to follow us on our social channels @cacmchat. Hosted by industry veteran, @TomFreeley, CEO of the California Association of Community Managers.