Condo prices dip nationally as fees rise and new Fannie Mae, Freddie Mac rules loom
Originally published: October 26, 2026
Summary added November 1, 2026
Summary
CNN Business reports that condominium sale prices are falling in many U.S. markets even as single-family prices rise, but that rising HOA fees and one-time special assessments are offsetting some of the affordability benefit for buyers. The story describes guidelines released this year by Fannie Mae and Freddie Mac intended to reduce financial and structural risk in condo buildings, including larger reserve requirements that take effect in January 2027. Real estate agents quoted in the story said the changes could push HOA fees higher as associations build reserves to keep their buildings eligible for conventional mortgages.
Why it matters for Texas boards
Texas condo boards should check with their manager, lender contacts, or CPA on whether their reserves and building condition will meet the agencies' updated project requirements, since eligibility affects owners' ability to sell and refinance.
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This is an independent summary written by Texas HOA Board Resources. All reporting credit belongs to CNN Business. Facts are as reported by the source on the date shown.