What Is an HOA? A Complete Guide to Homeowners Associations
Homeowners associations (HOAs) have become increasingly prevalent over the recent years. According to the Foundation for Community Association, 30% of Americans live in a community association, including planned communities, condominium communities and housing cooperatives. For some homebuyers, an HOA can make or break the decision to move into a neighborhood. Meanwhile, others might not even be sure what an HOA is or what it does.
January 1, 2025