Austin housing market

I’m just curious how the housing market in Austin is faring with this whole recession thing happening. Anyone have their ear to the ground on real estate? I’m especially interested to know how the condos are doing. This blog has some interesting info, and gives a slightly mixed / partially negative outlook on the market, but I’m needing a more distilled version.

5 thoughts on “Austin housing market

  1. Only thing I’ve noticed is the same thing – houses sit on the market for a while and prices don’t go down. The wife is going to start helping a friend out with short sales (when the bank settles with the mortgage holder to avoid foreclosing) so I’ll ask what the general trends are that she’s noticing and get back to you.

    Signed,
    M. Boobiehatcher

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