As financial markets retreat, the credit crisis looms, foreclosures spike, and mortgage problems persist, the national housing market is clearly struggling.
In this tough environment, even the Austin market has turned negative with a year-over-year pricing decrease of a little less than 1%.
While times may be rough, the truth is that bad times are relative. Despite the year-over-year drop in housing values, it turns out that at least one Austin zip code is doing well.
According to Business...
La Vista on Lavaca is Back: to Proceed With Construction
La Vista on Lavaca, an eight-story residential mixed-use tower consisting of 19 condominiums on the top four floors, a three-floor Executive Business...
Austin Rental Market Deteriorating
Over the last decade, Austin has been one of the strongest rental markets in the country. As rents increased while supply grew, developers continued...
Important New Downtown Development Site
With the large number of downtown building projects under construction, planned, or pending, there are not too many open lots awaiting development....
Potential New Downtown Development Site
With the large number of downtown building projects under construction, planned, or pending, there are not too many open lots awaiting development....
New Apartment Tower to be Built in Warehouse District
As other rental projects reduce rents to lure downtown residents, Gables Residential has announced plans to build a new 20-story apartment tower at...
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