Across the country, most major metropolitan areas are seeing home prices continue to drop. In fact, housing values are down 20% from their peak nationwide.
Housing prices in Austin, however, never experienced the same loss of value. While inventory remains high and sales volumes have dropped -- April 2009 sales were down 33% from the peak April 2007 volume -- prices have remained amazingly stable.
Today, one major index of home values reported that Austin home prices actually increased...
26-Story "Congress Sliver Hotel" Approved by City Council
According to the Austin Business Journal, "Austin City Council on Thursday approved special zoning to allow the transformation of a historic Congress Avenue building into a boutique...
Hike & Bike Trail "Boardwalk" Extension to Proceed
The Austin City Council took an important step to extend the much-loved Hike and Bike Trail surrounding Lady Bird Lake. By authorizing $14.4 million for the trail improvements in the...
Forecast: Austin Rents to Sharply Rise
According to the Austin Business Journal, "apartment occupancy rates jumped notably in 2010, prompting decreased supply and higher prices, according to a recent report."As demand continues to...
Forecast: Austin Rents to Sharply Rise
According to the Austin Business Journal, "apartment occupancy rates jumped notably in 2010, prompting decreased supply and higher prices, according to a recent report."As demand continues to...
Downtown Condo Sales Heat Up
According to the Austin Business Journal, sales at the newest downtown condo projects including W, the Austonian, the Four Seasons Residences, and Spring have accelerated in recent weeks with...
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