Texas Property Insider- Austin Real Estate and Texas Coastal Real Estate Blog

Welcome to Texas Property Insider. The purpose of this blog is to provide accurate and helpful information about market trends and issues important to property owners in Central Texas and on the Texas Coast. You hear a lot of talk out there. You see the statistics, read the stories in the newspaper and you see practitioners regurgitate those same stories and statistics. There is more information available then ever before. But why is it, even after all of the stories and pundits have had their say, you still feel you can’t grasp what’s really happening in the real estate market?


There is a lot more to it than simple statistics and market info. These numbers are helpful and vitally important, but if taken at face value they can be misleading, even deceiving. As Mark Twain once said, “There are lies, damned lies and then there are statistics.” I created this blog to pull back the curtain on Texas real estate, interpret the market information and present it to you in a format that is both pithy and easy to digest.

Friday, February 19, 2010

Another downtown Austin building boom? (Part 2)

Back from the dead: Architects for Aquaterra, 7 Rio back at drawing board

Two left-for-dead downtown condominium towers are being resurrected: Aquaterra and 7 Rio.
Although no construction dates are set, the lead architect on both buildings has been ordered to pick up the pencils again, said Brett Rhode, principal at Rhode Partners architects.
But even though the projects are active, experts said the lending market is still a big obstacle before any construction will start.


Courtsey of ABJ

1 comment:

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