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The most interesting downtown housing: Population 3 (including a dog!)

towers staff July 22, 2007 Comment

While lots has been written about the many large-scale downtown high rise condo projects under way, there i another downtown living trend worthy of note. Over the last five years, a number of the older, historic buildings on Congress avenue have been converted into very large single family residences. At least four buildings have been…

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June Home Sales

towers staff July 21, 2007 Comment

June sales were announced today by the Austin Board of Realtors and the news is interesting: volumes were down 6% from June of 2006 while prices were up by 7%. This was the first June drop in volume in the Austin market in 5 years.What is going on? Does this mark an end to Austin’s…

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AustinTowers Featured on News 8 Austin!

towers staff July 20, 2007 Comment

We were very surprised to find that AustinTowers was featured today on News 8 Austin – our first television appearance . . .   Become a patron to get the full story and gain access to TOWERS’ archive. (Sign-in)

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NEW: Downtown Austin Condo FAQ

towers staff July 20, 2007 Comment

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 :…

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Update: The Million Dollar Austin Housing Market

towers staff July 18, 2007 Comment

The big Austin downtown condo question remains: how big is the market for million $ condo units in downtown Austin?Some new market stats from Ki Gray of Escapeso Austin Real Estate provide some context on the high-end downtown market and it’s performance so far in 2007.Here are the number of houses that sold for $1 million…

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Monarch Condos?

towers staff July 15, 2007 Comment

The Monarch — billed as the city’s first luxury rental high rise tower — is now very far along in the construction process. Developer ZOM Austin is constructing what was supposed to be a 27 story rental project on 5th just East of Lamar with 297 rental apartments and 8,500 square feet of ground floor…

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