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For those who passed up the explosive downtown condo market a couple years ago, now may be the time to consider buying if downtown is where you want to live.

It was just announced that there will be an Auction held in May for the Brazos St. condo development with bid prices starting at $80,000 for the smallest units. While it's doubtful that any units will actually sell for this, there may in fact be some good deals to be had at this auction.

Check out more info at this Fox News story.

http://www.myfoxaustin.com/dpp/news/042009_Discounted_Downtown_Condos_on_Saleat