Condo owners face rising fees, insurance hurdles and falling resale values
AI Summary- Will Hudson bought a two-bedroom Colorado condominium sight unseen for $260,000 in July 2024.
- 8.5% of buildings built before 2000 had special assessments in 2025, typically nearly $2,500 per unit.
- Fannie Mae and Freddie Mac announced stricter condominium financing standards in March of this year.