A leading economic indicator that I have learned to pay close attention to is the delinquency rate for residents in my homeowners association. The reason for this is simple. One of the first things that people cut from their monthly budgets – even before entertainment expenses – is paying their HOA dues since they figure that they will be able to catch up later with minimal consequences. Too often, though, that is the start of a slippery slope for them that usually ends with court dates and collections attorneys.  Read More……