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…
The most interesting downtown housing: Population 3 (including a dog!)
While lots has been written about the many large-scale downtown high rise condo projects under way, there i another downtown living trend worthy of note. Over the last five years, a number of the older, historic buildings on Congress avenue have been converted into very large single family residences. At least four buildings have been…
June Home Sales
June sales were announced today by the Austin Board of Realtors and the news is interesting: volumes were down 6% from June of 2006 while prices were up by 7%. This was the first June drop in volume in the Austin market in 5 years. What is going on? Does this mark an end to…
AustinTowers Featured on News 8 Austin!
We were very surprised to find that AustinTowers was featured today on News 8 Austin – our first television appearance!