Monthly Archives: May 2011

More Aggressive Pricing Needed to Move Downtown Austin Condos

Just under half of four condo developments in downtown Austin are sold, according to Shonda Novak of the Austin American-Statesman, in a May 17, 2011, article Just over half are unsold or under contract – which amounts to a large … Continue reading

Condos, Downtown Austin, Downtown Housing

Downtown Austin needs Retail Space to Grow

Austin and Seattle are both beautiful cities. They’re attractive places to live because of young populations, a tech savvy atmosphere, great universities, active and outdoor lifestyle, and a hip music scene. I’ve lived in both cities – and sunshine is … Continue reading

Downtown Austin, Downtown Housing

Mortgage Rates May be Poised to Rise

Prices of commodities, the building blocks for houses, have climbed relentlessly for nearly a year.  In March the Federal Reserve said that “many contacts [in Texas and parts of Louisiana and New Mexico] reported higher input prices for fuel, metal, … Continue reading

Downtown Austin, Downtown Housing

Will Texas Newcomers Pick up Where Stimulus Left Off?

Median prices of single family homes in Austin rose 1.3% in the first quarter of this year from the year-earlier period, according to the Real Estate Center at Texas A&M (http://www.texasrealestate.com/web/2/25/downloads/TQHR-2011-Q1.pdf). But median house prices fell 5.5% from the third … Continue reading

Downtown Austin, Downtown Housing