Investors’ condo purchasing has dropped to one of its lowest levels in the past 10 years — in a shift driven largely by their retreat from Florida, a new study shows.

NORMAL - High-end, loft-style condominiums, unique shops, restaurants and office space are planned for three new downtown buildings proposed by Champaign developers One Main.

Overall, the median sales price of a condo in the state fell 1.3% in July, ... the Florida condo market is still transitioning to a new normal under higher mortgage rates.

Condo associations were allowed to submit extension requests, ... Sheir believes once the normal standard becomes that condos have appropriate reserve funds and regularly scheduled maintenance, ...