New Fannie Mae Condo Rules: What Scottsdale Owners Need to Know

Quick Answer: Fannie Mae rolled out big changes to condo financing rules in 2026. The biggest one raises the required HOA reserve fund from 10% to 15% of the annual budget, starting with loans dated January 4, 2027. Lenders also dropped the "Limited Review" shortcut starting August 3, 2026, so most Scottsdale condo buildings now go through a full review. If you own or want to buy a condo here, these changes could affect your HOA dues, your closing timeline, or both.

What Changed in Fannie Mae's Condo Lending Rules for 2026?

Fannie Mae buys or guarantees a huge share of home loans in this country. When it changes its condo rules, lenders everywhere have to follow along. On March 18, 2026, Fannie Mae published Lender Letter LL-2026-03 (see below…

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Buying or Selling in Scottsdale? Watch These 5 Numbers

WHAT ARE THE 5 IMPORTANT NUMBERS TO WATCH FOR THE CURRENT SCOTTSDALE REAL ESTATE MARKET?

Quick Answer: Scottsdale's housing market runs on five numbers: inventory, days on market, price reductions, months of supply, and mortgage rates. Right now, Scottsdale has about 2,208 single-family homes for sale, and homes take a median of 73 days to sell. Nearly 52% of active listings have had a price cut. Together, these numbers tell you whether it's a buyer's market or a seller's market, and what to expect if you list or buy this year.

These five number valuations are for any market, anywhere in the United States. The actual numbers in this post reflect Scottsdale real estate. 

What's the Current Inventory in the Scottsdale Housing Market?

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How to Buy a Home in Scottsdale: A Step-by-Step Guide

What is The Real Homebuying Process?

Quick Answer: Buying a home in Scottsdale comes down to four stages: building a plan, getting preapproved, touring and making offers, then closing. Scottsdale's median sale price sits at $954,429, and homes are averaging about 43 days to go under contract, according to Redfin and Zillow data from mid-2026. Most first-time buyer mistakes happen before anyone steps foot in a house, not after. With roughly 4.1 months of housing supply on hand, Scottsdale is running close to a balanced market right now, not tilted hard toward buyers or sellers.

Buying your first home in Scottsdale, Cave Creek, Carefree, or North Phoenix feels like a lot at once. It doesn't have to be. Once you know the four stages and what…

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August in Scottsdale: What's One More, Free Museums, and a $1M Surprise

Your August Scottsdale Guide: Free Days, Market Updates, and Local Fun

August is here, bringing plenty of reasons to get out, explore, and stay informed. In this month's roundup, I'm sharing a fun personal update (yes, our family grew by one more furry friend!), highlighting some of the best activities happening around the Valley, and rounding up seven days when you can visit local museums for free. You'll also find the latest local headlines in The Scottsdale Scoop and a look at an interesting housing trend as more cities see starter homes top the $1 million mark.

Whether you're looking for things to do, curious about what's happening around Scottsdale, or keeping an eye on the real estate market, I hope you find something that catches your…

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