In conversations with realtors and developers who focus on downtown Austin, everyone agrees that the last few months have been really tough. Ever since the fall economic collapse, the downtown real estate market has essentially ground to a halt. Surprisingly enough, everyone also seems to agree that there was a noticeable uptick in January.While theAustinTowers Downtown Market Index shows 4 transactions totaling roughly $1.5 million, we have been able to $10 million in downtown condos that was either put under contract or closed. After a very . . .
