A quarter of all owned households in the United States paid either a condominium or a homeowners association fee in 2024, with 3 million facing hefty monthly charges of more than $500, according to a ...
On top of the other challenges faced by homebuyers in today’s market, homeowners association fees are rising and becoming more prevalent. In 2024, 41% of homes listed for sale on Realtor.com® had some ...
Nearly 1 in 4 U.S. homeowners paid HOA or condo fees in 2024, with 21.6 million out of 86.6 million owned households reporting these costs, according to the 2024 American Community Survey. The ...
We are all familiar with the astronomical increase in home prices since 2019. Existing single-family home prices have increased 50.3% since 2019 and new single-family home prices have increased 34%.
HOAs are nonprofits that collect monthly fees to manage shared common areas and amenities, such as swimming pools and parking garages, in planned and gated communities across the U.S. Similar to HOAs, ...