10/13/2026
California HOA Fees: What Homeowners Can Expect in 2024
If you own a home in a California community with an HOA, you’ll want to keep an eye on Assembly Bill 2050. This new legislation requires homeowners associations to maintain 30-year financial reserves—and if those reserves dip into the negative, HOAs must shift 15% of their annual budget to shore things up. For many Central Coast homeowners, this could mean higher HOA dues or unexpected special assessments, which may affect your monthly affordability. I’m always focused on helping sellers in Orcutt, Santa Maria, and nearby areas navigate these changes with clarity and confidence, so you’re prepared for what’s ahead and can make smart decisions about your property.