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Marisa McVey McVey: “Younger owners need to get involved in their boards, so they can maintain and protect their investment while establishing a level of harmony in the community.”

CARLSBAD, CA—As Millennials continue to age, buy more homes and increase their purchasing power, residential communities will change to reflect their preferences, so they need to get involved in the running of these communities, FirstService Residential California’s regional director Marisa McVey tells GlobeSt.com. The firm works with HOA and condo-association boards across the country to ensure the board members they work with are prepared to handle their duties, understand the intricacies of budgeting what can sometimes be millions of dollars and know the importance of planning for the future.

Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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