Last year, 824 Austin apartments were converted to condos. This year, that number is expected to grow to 1,167.
As downtown condo prices have skyrocketed to $400 / SF or more (sometimes much more), a wave of Central Austin rental properties are being converted into more-affordable central condo buildings.
Many of these new projects offer upscale central living for much less than the price of the major high-rise projects.
As downtown condo prices have rapidly increased while rents have...
New Condo Mortgage Restrictions
Earlier this year, Fannie Mae stopped guaranteeing mortgages in new or newly converted condo developments in which fewer than 70 percent of units have been sold or are under contract....
Circle C in Hyde Park
So after reading a long set of complaints on the hydeparkaustin yahoo group(*) about the city not adequately enforcing code regarding to unrelated occupants in 'McMansions' in Hyde Park, I...
My disingenuous sense is tingling
Allow me to present the SNAustin.org mayoral forum, with these humdingers: 1. This video shows you successful VMU projects and how nice their open spaces are and then says we need rules to...
Fixing Mueller's Town Center
There is a lot to like about Mueller. The streets are laid out in a grid with short, walkable blocks. Homes address the street. Garages are relegated to rear alleys. Row houses frame...
New Urbanist NIMBYism
A reminder that NIMBYism really has nothing to do with homeowners' preferences for one kind of development over another. It's all about managing threats to property values: Remember...
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