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Category: Reserve Study

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Fannie Mae and Freddie Mac Higher Minimum Reserve Funding Standards – What Does it Mean for our Association?

June 11, 2026

Many people are concerned that the new Fannie Mae and Freddie Mac requirements, effective March 18, 2026, will make condo living more expensive because associations beginning in 2027 must fund Reserves at a minimum of 15% of the total budget instead of 10%. Others have asked whether these changes will fundamentally affect how Reserve Studies… Read more »

Condo Association Insurance: Why Premiums Are Rising—and What Boards Can Do About It

April 20, 2026

Condominium associations across the country are facing a difficult reality: insurance premiums are increasing at an unprecedented pace. In Southern Maryland and the surrounding region, many condo associations are seeing renewal increases ranging from 20% to as high as 60%—and in some cases even more. While claims history can certainly impact renewal pricing, today’s insurance… Read more »

New Survey Examines Aging Infrastructure’s Impact on Community Associations

November 2, 2025

Anew survey by the Foundation for Community Association Research identifies aging infrastructure as a critical concern for community managers, boards members, and residents. Water intrusion, deteriorating balconies and fences, failing pipes and roofs, as well as plumbing and electrical issues often show a building’s age. As buildings’ internal systems and physical components age, how can community associations best prepare… Read more »

Don’t Fall Into the Deferred Maintenance Trap

September 25, 2025

Every community faces it: the temptation to put off maintenance. It seems like an easy way to save money, right? That fresh coat of paint can wait. The HVAC check-up can be skipped this year. But this practice, known as deferred maintenance, can lead to big problems down the road. While it might seem like… Read more »

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