In case you missed it, I was recently quoted in the Wall Street Journal: Homeowners foreclosing on more residents. Did you know foreclosures in HOAs have jumped 40% in the last two years? Why? The WSJ did a great article focusing on the root causes of the distress in HOAs and what this means for property owners. It is a must read article to truly understand what is going on with HOAs.
Wall Street Journal: what are the root causes of HOA distress?
Money is getting tighter for America’s hundreds of thousands of homeowners associations, and they are extending a shorter financial leash to their residents.
There were 6,376 properties with HOA-related foreclosure filings in the first quarter of this year—spanning initial default notices to completed sales. That is up nearly 40% from two years earlier and rising faster than overall mortgage foreclosure rates, according to real-estate analytics firm Attom.
State laws can make it difficult for communities to recover money from delinquent residents, said Glen Weinberg, founder of Fairview Commercial Lending. He said that he has seen some HOAs pushed to the brink of insolvency because of these laws, including those in his home state of Colorado. These include caps on legal fee reimbursements and strict preforeclosure requirements.
Read the Full Article: Homeowners are foreclosing on more residents
Additional Reading/Resources:
- https://www.wsj.com/real-estate/homeowners-associations-are-foreclosing-on-more-residents-aba6f027?
- https://www.mpamag.com/us/specialty/wholesale/fannie-and-freddie-are-taking-on-more-risk-than-anyone-is-admitting-private-lender-says/581412
- https://www.mpamag.com/us/mortgage-industry/industry-trends/is-this-the-perfect-storm-for-housing/570241
- https://www.fairviewlending.com/2026-real-estate-predictions/
- https://www.fairviewlending.com/when-will-real-estate-crash-or-will-it/
- https://www.fairviewlending.com/what-does-the-iran-war-mean-for-real-estate/
- https://www.fairviewlending.com/has-the-economy-lost-its-mind/
- https://www.fairviewlending.com/will-mortgage-rates-fall-in-2026/
- https://www.fairviewlending.com/where-should-you-invest-in-real-estate-in-2026/
- https://www.fairviewlending.com/fed-drops-rates-why-did-mortgage-rates-barely-budge/
- https://www.fairviewlending.com/phantom-debt-soars-what-does-this-mean-for-real-estate-2/
- https://www.fairviewlending.com/never-buy-a-residential-condo/
- https://www.fairviewlending.com/the-war-on-landlords/
- https://www.fairviewlending.com/house-prices-hit-another-record-should-you-even-care/
- https://www.fairviewlending.com/root-cause-of-real-estate-price-declines/
- https://www.fairviewlending.com/will-real-estate-fall-to-2020-values/
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Glen Weinberg personally writes these weekly real estate blogs based on his real estate experience as a lender and property owner. I’m not an armchair reporter/writer. We are an actual private lender, lending our own money. We service our own loans and own commercial and residential real estate throughout the country.
My day job is and continues to be private real estate lending/ hard money lending which enables me to have a unique perspective on the market. I don’t accept any paid sponsorships or ads on my blog to ensure accurate information. I’ve been writing this for almost 20 years and have over 30k subscribers. Please like and share my blogs on linkedin, twitter, facebook, and other social media and forward to your friends 😊. I would greatly appreciate it.
Fairview is a hard money lender specializing in private money loans / non-bank real estate loans in Georgia, Colorado, and Florida. We are recognized in the industry as the leader in hard money lending/ Private Lending with no upfront fees or any other games. We fund our own loans and provide honest answers quickly. Learn more about Hard Money Lending through our free Hard Money Guide. To get started on a loan all we need is our simple one page application (no upfront fees or other games).
Written by Glen Weinberg, COO/ VP Fairview Commercial Lending. Glen has been published as an expert in hard money lending, real estate valuation, financing, and various other real estate topics in Bloomberg, Businessweek ,the Colorado Real Estate Journal, National Association of Realtors Magazine, The Real Deal real estate news, the CO Biz Magazine, The Denver Post, The Scotsman mortgage broker guide, Mortgage Professional America and various other national publications.
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