The W Hotel & Residences continues to make progress. They are now actively selling units ad have completed nearly 200 meetings for the 206 planned units in the 36 story tower. Supposedly, they have taken firm reservations for somewhere between 20-35% of the units. The W is offering 19 different floor plans ranging in size…
Future Downtown Austin Skyline
Every now and then, someone takes all of the fancy models of new condo projects, shrinks them to their proportional size, and lines them up in there approximate position in the sky. While not perfect, this latest attempt is up-to-date with most of the recently announced projects. When shown this way, it is amazing to…
Monarch Switches to Condos
As predicted , Monarch has officially announced that they are switching their project from all-rental to all-condo. This is big news, It’s indicative of both the hot condo market and the weakness of the high-end downtown rental market. The 29-story building at 805 West fifth street, is located just a block from Whole Foods. The buidling,…
Strong Pre-Sales for Austin Four Seasons Condos
This just in: we confirmed today with the developers that 80% of the Four Seasons Residences on floors 14-32 have already been reserved after just 6 weeks on the market. As a result, they have now opened the lower floors – floors 6 to 13 — for reservations. Prices for the 166 unit-project start at $400K and top…
Updated: Condo Fees by Building
As we have written before, one of most common questions asked by first time condo buyers — especially in Austin where the popularity of condos is rapidly on the rise — is how much individual buildings charge in monthly condo fees. Condo fees fund the daily operations and maintenance of most condo buildings. They cover…
Update: Further Analysis of June Sales
On July 20, June MLS numbers were released, showing the first drop in June sales in five years, even as prices rose by more than 7%. As the strength of the Austin market has defied national trends over the last year, it’s natural to worry whether this might signal the beginning of the end. In…