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What Do Condo Fees Actually Cover?
If you live in a community of single-family homes, you might find yourself paying monthly or annual homeowner’s association (HOA) fees. If you live in a condominium community, you’ll instead be on the ...
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 ...
If you live in a community of single-family homes, you might find yourself paying monthly or annual homeowner’s association (HOA) fees. If you live in a condominium community, you’ll instead be on the ...
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 ...
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, ...
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