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You are here: Home / Market Analysis / Houston Condo Market Problems
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Houston Condo Market Problems

towers staff November 17, 2009 Comment

The #1 thing going for the downtown Austin Condo market is downtown Austin. In downtown Houston, where they also have a brand new crop of high rise condos, very few people want to live downtown. In the other neighborhoods where towers have popped up, picky residents can live nearby in larger, less expensive housing. Here is a summary from the Houston Chronicle:Even as single-family housing shows signs of momentum, Houston's high-rise condo market remains stalled.Developers who put up shiny new towers during the boom have filed for bankruptcy protection and others are renting their . . .

 

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48 East Ave #1007
Austin, TX
Photo of 48 East Ave #1007, Austin, TX 78701 (MLS # 8700780)
$475,000
17
  • Lot Size
    40 sqft

  • Home Size
    463 sqft

  • Beds
    1 Bed

  • Baths
    1 Bath

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48 East Ave #1007
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Photo of 48 East Ave #1007, Austin, TX 78701 (MLS # 8700780)
$475,000
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Photo of 360 Nueces ST #4305, Austin, TX 78701 (MLS # 1553128)
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