Another Reason to Avoid Homeowners Associations

HOAs hiking dues because of foreclosures:

Over the past 18 months, an estimated 10 percent of [Arizona's] million-plus HOA members have abandoned their homes or been forced out by foreclosure, based on data from Arizona’s largest community-management firms. Without payments from those members, many HOAs have been forced to raise dues, crack down on late payers and cut back on services.