AustinTowers is very excited to launch a comprehensive Downtown Austin Condo FAQ (Frequently Asked Questions) as a new permanent section of the site. The FAQ will provide a comprehensive overview of the emerging downtown Austin high-rise condo market by answering the most common questions facing condo buyers.
Here are the questions that are answered in the initial version of the FAQ:
- How much does it really cost to own a downtown condo?
- How much do condo fees vary?
- Why are condos more expensive than single family homes near downtown?
- What units make the best investment?
- How big is the high-end condo market?
- How easy is it to sell a downtown condo unit?
- Who actually lives downtown today?
- Do downtown residents actually work downtown?
- How many downtown condo units are bought by investors?
- Do MLS statistics accurately capture the current state of the downtown condo market?
- What is being done downtown to promote affordable housing?
- It looks like there is a ton of vacant sites downtown, will that effect values?
- What is a good source for downtown condo listings?