With one week until the Sabine auction , it is clear that many potential buyers are considering participating in the sale.
With starting bids as low as $85,000, bargain hunters will inevitably emerge looking for a great deal. The big question, however, is what is the right price for a Sabine unit.
For a few reasons, valuation of the Sabine units is particularly difficult.
First, the building has had real problems with noise complaints, elevator issues, and...
Exclusive: 2009 Condo MLS Sales Review
With the help of urbanspace Realtors, we have put together a comprehensive analysis of recorded downtown Austin condo transactions in 2009. The analysis looks at MLS data capturing 2009 condo...
Sabine Auction Update
As we reported last month, 27 of the 44 long-vacant units remaining in the Sabine are finally headed to auction on February 28th. The auction is a last hope for the project which is currently...
Exclusive: November Condo Sales Volume Strong, Prices Moderate
We've updated the AustinTowers | urbanspace Downtown Austin Condo Market Index for November, 2009 and, for the sixth month in a row, MLS sales volumes have increased in comparison to previous...
Sabine & Star Riverside Posted for Floreclosure
Two troubled downtown condo projects -- Sabine & Star Riverside -- have run into financial problems and been posted for foreclosure.The failure of these projects is a combination of market...
Exclusive: October Downtown Condo Sales
We've updated the AustinTowers | urbanspace Downtown Austin Condo Market Index for October, 2009. For the fourth month in a row, MLS sales were higher than the previous year's numbers. The...
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