Austin, Texas (Engadget) — The city of Texas is selling a handful of properties at auction that are being offered for less, in an attempt to improve affordability in the area.
In recent years, Austin has been one of the fastest-growing cities in the country, thanks to a revitalization that has led to a strong economy and a high population.
However, the city’s economic outlook has been in question for several years, with the property market struggling to find a buyer.
The city is selling properties that are currently vacant and that it feels could be redeveloped to help with affordability.
This includes two vacant lots near the downtown, one of which is located between downtown and the University of Texas at Austin.
The city is also selling a few properties in a residential area that it plans to develop in the future.
The project would include the purchase of a 2,000-square-foot house at the corner of Fourth and Lamar, which the city bought in 2010 for $5.5 million.
A separate house is also being considered for the same corner.
While there is no immediate announcement regarding the sale of the property in question, the sale itself is a big step for the city.
Austin’s sales have been extremely low, and in recent years they have gone down in price for both single-family and multifamily properties.
That has allowed the city to put more of its resources into its affordable housing efforts.
However the city has not announced any changes to its property sale process, including the amount of money that is being spent on the process.
That said, the price is expected to fall.
The auction process is still open for those interested in bidding on the property, which will be auctioned off on August 15.
Those interested in participating in the auction can register through the city website, which is available on the home page and the real estate listing.
The deadline to register is August 30, and anyone who registers by that date will be able to bid on the sale.
The sale is expected at auction to take place in August, but the exact location and amount of the sale has not yet been determined.
Austin has already announced it is selling at least four properties at this time.