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You are here: Home / Blog / October, 2008: Austin Market Analysis
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October, 2008: Austin Market Analysis

towers staff October 6, 2008 Comment

As financial markets retreat, the credit crisis looms, foreclosures spike, and mortgage problems persist, the national housing market is clearly struggling. In this tough environment, even the Austin market has turned negative with a year-over-year pricing decrease of a little less than 1%.While times may be rough, the truth is that bad times are relative. Despite the year-over-year drop in housing values, it turns out that at least one Austin zip code is doing well. According to Business Week, Austin Zip Code 78749 is the second fastest moving market for houses in the country. With . . .

 

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48 East Ave #1007
Austin, TX
Photo of 48 East Ave #1007, Austin, TX 78701 (MLS # 8700780)
$450,000
17
  • Lot Size
    40 sqft

  • Home Size
    463 sqft

  • Beds
    1 Bed

  • Baths
    1 Bath

Previous Post: « Analysis: The Impact of U.S. Financial Market Turmoil on the Downtown Austin Condo Market
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48 East Ave #1007
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Photo of 48 East Ave #1007, Austin, TX 78701 (MLS # 8700780)
$450,000
17
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    1 Bed

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    1 Bath

507 Sabine ST #907
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Photo of 507 Sabine ST #907, Austin, TX 78701 (MLS # 6667684)
$625,000
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360 Nueces ST #4305
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Photo of 360 Nueces ST #4305, Austin, TX 78701 (MLS # 1553128)
$1,925,000
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