Feb 25, 2025 - News
HOA fees are becoming more common in Atlanta
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More houses for sale in 2024 came with homeowners association fees, and those dues rose from 2023, according to a recent report.
Why it matters: For many homebuyers, HOA fees are another financial hurdle in an already tough market.
Zoom in: In metro Atlanta, 51.5% of homes listed for sale on Realtor.com in 2024 had HOA dues.
The big picture: HOA dues typically cover maintenance and amenities like pools and gyms, plus other costs that keep a community running.
- They also often enforce strict rules on everything from holiday decor to lawn care, with fines for residents who fail to comply.
- Dues can stretch upwards of hundreds of dollars per month, adding an eye-watering expense on top of high home prices and mortgage payments.
The intrigue: Recent efforts by Georgia lawmakers to rein in some powers of HOAs that some property owners consider to be too strict have stalled