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.

The changing face of Austin

Check out this crazy future panorama of Austin’s skyline. You can click on the buildings for more info. Call me a cynic, but I get a bad feeling about this irrational condo exuberance.