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While Austin seemed to escape most of the slowdown that affected other parts of the country over the last year Austin is feeling the changes in the credit markets. The amount of sales in September 2007 was 1824 or falling 22 percent from the sales in 2006 of 2341. The amount of inventory also increased 22 percent. On one hand the amount of inventory last year was incredibly slow but its still a sign we would rather not see. It looks like East Austin is seeing larger inventory increases than most areas. If we break out the increases in inventory by area we see. Suburbs +21% Central Austin West +18% Central Austin East +62% It looks like East Austin is seeing large inventory increases because investors are pulling out and the total amount of homes in East Austin has increased due to rapid new construction. Looking forward what happens in the Austin real estate market depends largely on what happens with the more stringent lending practices currently gripping the nation. While the major banks and the government are looking at possible solutions to the current credit crunch we will have to wait and see if any of the solutions pan out. Ki is a realtor in the