The Statesman ran a comprehensive analysis of the current condo building boom -- it was the lead story in today's paper. As part of the article, they interviewed many experts on the downtown condo market.With the ongoing mortgage crisis, the billion dollar question is how the Austin condo market will fare. The answer: while the Austin market is one of the strongest in the country and condo demand remains strong, nobody really knows. The issue is that this is a new market: there is really no good parallel in the history of the city. According to the Statesman:
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Lot Size9,518 sqft
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Home Size2,023 sqft
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Beds4 Beds
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Baths3 Baths