HOA's are making the home crisis worse
Three key elements drive the housing crisis in Florida: the cost of a home, the number available for sale, and whether those living in them can retain ownership. The homeowner and condominium associations in the state impact all three aspects. HOA Spy tracks 104,659 Florida associations, with 27,377 holding 1,518,436 homes. These associations have brought 10,296 foreclosure suits against their members, recorded 460,412 lien claims and 277,047 lis pendens against homes, and 6,661 have associations whose standing has lapsed or fallen.
Each file comes from official court dockets and county records, showing the pressures faced by homeowners.
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