The national real estate markets are a mess. The economy is in recession, credit is very tight, jumbo rates remain high. While the Austin market has stayed alive -- and actually thrived compared to the rest of the country -- it is a very tough time to be selling real estate.In this market, it is common to hear the Austin condo market referred to as “overbuilt.” This is an easy claim to make: any new unit is an excess unit in a market like this. What is important to note, however, is that it takes three to five years . . .
Search
You are here: Home / Market Analysis / Is Downtown Austin Overbuilt: Understanding Austin Condo Supply & Demand
Search suggestions: condos for sale • rainey street
About towers staff
Real estate, architecture, and city planning. Email: austin@towers.net
-
Lot Size9,518 sqft
-
Home Size2,023 sqft
-
Beds4 Beds
-
Baths3 Baths