Roselind Hejl, Realtor
Coldwell Banker United
roselind@weloveaustin.com
512-327-0385


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Articles

 
Austin Real Estate Market: 2011 - 4th Quarter

 

Austin Real Estate Market: 2010 - 4th Quarter
 
Austin Real Estate Market: 2010 - 3rd Quarter
 
Austin Real Estate Appreciation
 
Austin Real Estate Market: 2010 - 2nd Quarter
 
Austin Real Estate Market: 2010 - 1st Quarter
 
Austin Real Estate Market: 4th Quarter 2009
 
Austin Real Estate Market: 3rd Quarter 2009
 
Austin McMansion: Walking the Walk
 
Jumbo Loans: Questions & Answers
 
Austin Real Estate Market: 2nd Quarter 2009
 
Austin McMansion Ordinance: Considering the Consequences
 
Link to Ordinance & Boundary Map
 
Reflections on Austin: A Talk with Joel Kotkin
 
Austin Real Estate Market: 1st Quarter 2009
 
Austin Real Estate: The Downtown Effect
 
Austin Real Estate: Status Quo
 
Sub-Prime Loans: Playing Against the House
 
A Talk with Economist, Angelos Angelou
 
Real Estate Market Update - Oct. 9, 2008
 
It's Back to the Future for Austin Real Estate!
 
Number of Residential Sales Slows
 
Market Research
 
Austin Neighborhoods: Market Data
 
Appreciation Graph
 
Austin Real Estate Data: 2010 - 4th Quarter
 
Austin Real Estate Data: 2010 - 3rd Quarter
 
Austin Real Estate Data: 2010 -2nd Quarter
 
Austin Real Estate Data: 2010 - 1st Quarter
 
Austin Real Estate Data: 2009 - 4th Quarter
 
Austin Real Estate Data: 2009-3rd Quarter
 
Austin Real Estate Data: 2009 - 2nd Quarter
 
Austin Real Estate Data: 2009 - 1st Quarter
 
Austin Real Estate Data: 2008 -3rd Quarter
 
Quotes
 

Roselind,

I don't want you to think I have forgotten you.  I am working problem credits for JPMorgan's entire U.S. Private Wealth Management market. 

Fortunately, we have very little issues in Texas as compared to other areas of the country.  I have no foreclosures in Texas at present.  However, if anything happens in Austin, I will definitely call you because you've done such a great job in the past for us.

Hope all is well with you.

Regards,

JPMorgan Chase Bank, N.A.

 
 

Many people are aware that a handful of big-city markets, like Manhattan and San Francisco, have largely resisted the real estate slide. It is less widely known that the same thing is true in scores of smaller markets.

“I would call them backcountry cities,” said Robert J. Shiller, an economist at Yale University and an expert on real estate markets. They are just going through normal growth, and they are out of the bubble picture.”

… Austin is a good example of a real estate market that was slow and steady for years and now appears to be taking off. Austin’s high-tech industries are attracting well-heeled buyers from cities where real estate is far more expensive.

New York Times - 2/15/2008

 

 

 

 

 

 

 

Austin Real Estate Market Trends:
Articles by Roselind Hejl

 
Austin market
 
Austin Real Estate Market: 4th Quarter 2011
An end of year look at the at the Austin real estate market tells a simple story – demand is exceeding supply. The overall months of inventory for the Austin area reached 3.61. By comparison, 2010 ended the year with 5.1 months of inventory; 2009 ended with 4.6 months. We have moved from a balanced market into seller’s market range for most areas. Read More...
 
 
Austin real estate
 
Austin Real Estate Market: 4th Quarter 2010

The collapse of the subprime bubble in 2007 began a chain of events something like this: 

Sudden loss of loan funds = fewer buyers = unsold homes on the market = price reductions = loss of equity = foreclosures = more loss of value = fear of even more loss of value = buyer hesitation. 

This is a difficult chain to break.  But, I think the chain was broken here in Austin, and the tipping point was late 2009.  Read More...

 
 
Austin real estate market
 
Austin Real Estate Market: 3rd Quarter 2010

Austin continues to maintain a balanced market - with 6.2 months of inventory for sale.  At the end of the 3rd quarter of 2009, we were in about the same place - with 6.9 months.  So, no harm, no foul. 
But, what about prices? Have housing prices hit bottom yet? Read More...

 
 
Austin real estate
 
Austin Real Estate Market: 2nd Quarter 2010

The Austin real estate market ended the 2nd quarter of 2010 with 6.9 months of single family homes for sale – a balanced market inventory.  However, the state of the market varies by geographic area and price range. Read more...

 
 
Austin Appreciation
 
Austin Real Estate Appreciation

“Clowns to the left of me, Jokers to the right,
Here I am, stuck in the middle with you”

This old song comes to mind when I think of Austin real estate values.  We have been stuck in the middle for years.  This has not always been the most coveted spot.  But, a few months ago, Time Magazine held Austin up “as a model of hope.” Read more...

 
 
Austin Real Estate Market
 
Austin Real Estate Market: 1st Quarter 2010

The Austin real estate market ended the 1st quarter of 2010 with an overall supply level of 5.9 months.  This is up from 4.6 months in the 4th quarter of 2009.  Rising supply during the first part of the year is part of the normal real estate cycle.  Homes tend to enter the market in greater volume during first two quarters, and the inventory whittles down during the year. Read more...

 
 
Austin real estate market
 
Austin Real Estate Market: 4th Quarter 2009

The Austin real estate market continued on an even keel through the 4th quarter of 2009, with an overall supply level of 4.6 months, down from 5.7 months in the 3rd quarter.  We normally see a drop in supply during the last few months of the year, so the market is behaving as expected.  Here is a map showing the variations in the Austin market by area: Read more...

 
 
Austin real estate market
 
Austin Real Estate Market: 3rd Quarter 2009
 

The Austin real estate market tightened slightly during the 3rd quarter of 2009.  Inventory for Austin as a whole continues to stay in balance - with a level of 5.7 months of supply.  This is down from 6.3 months of supply at the end of the 2nd Quarter.  However, throughout the Austin area, there are local variations in the market. Read More...

 
Brykerwoods Home - Austin, TX
 
Austin McMansion Ordinance: Walking the Walk
 

The Residential Design Ordinance of 2006 (revised 2008) controls certain aspects of the design and construction of homes in Austin’s central neighborhoods.  In this discussion, I would like to ask our panel two basic questions: What does the design ordinance say?  And, how does it work out in practice?  Read more...

 
 
Jumbo loans
 
Jumbo Loans: Questions & Answers
 

Our market analysis at the end of 2nd Quarter, 2009, revealed an overhang in inventory in the over $800,000 price range.  This market segment has been moving slowly partly because of the higher interest rates and tougher requirements for jumbo mortgages.  This interview focuses on jumbo financing today.  The good news is that these loans are becoming more available and have better rates. Read more...

 
 
Austin Real Estate Market Trends
 
Austin Real Estate Market: 2nd Quarter 2009
 

We have analyzed market data for the 2nd quarter of 2009, with a focus on the number of months of inventory for sale in each MLS section.  Below is a comparison between the 1st and 2nd Quarters of 2009.  We looked for changes in inventory that indicate a trend in the market. Read more..

 
 
Austin McMansion Ordinance
 
Austin's McMansion Ordinance: Considering the Consequences
 

Austin attorney, Chris Bradford, published an interesting article about Austin’s demographics entitled, How Austin’s Rise Became a Tale of Two Cities.  He shows census data that reveals that households with children are more concentrated in the suburban parts of the Austin area.  The reason, he says, is simply that people can get larger, cheaper, and newer homes in surrounding suburbs than they can in central Austin.  I would like to add to his piece with a story from our own experience.    Read more...

 
 
Welcome to Austin
 
Reflections on Austin - A Talk With Joel Kotkin
 

(First I want to thank Mr. Kotkin for sharing his highly valued opinion with me.  Joel Kotkin is executive editor of NewGeography.com and is a presidential fellow in urban futures at Chapman University. He is author of The City: A Global HistoryWelcome to Austin and is finishing a book on the American future.)

(Roselind)  I was pleased to read your recent article about the best cities for job growth.  You selected Austin as the #1 Big City for job growth.  What put Austin at the top of the list? Read more...

 
 
Austin Real Estate Market
 
Austin Real Estate Market: 1st Quarter 2009
 

It has been said that real estate markets are very local.  This is clear to us as we work throughout Austin.  On one day we may find ourselves dealing with multiple offers, or see clients lose their favorite choice because they did not act quickly enough.  And, on another day in another part of town, we pull up a long list of homes with multiple price reductions to show a client.  Even just within the Austin region, painting with a broad brush can hide the nuances in the marketplace. Read more...

 
 
Austin Downtown Street Scene
 
Austin Real Estate: The Downtown Effect
 

(Roselind) Randy, I appreciated your comment about Austin on the Forbes.Com - Investing Panel.  Austin is blooming as a cultural capital, and downtown plays a big part in the Austin experience. 

I recall going to the closing sale of Scarborough’s Department Store downtown in 1981, the same year that Barton Creek Mall opened.  That seemed to be a low point in the abandonment of downtown as a retail destination.  City task forces and business groups have worked hard for years to re-vitalize Austin’s center. Music venues led the way, bringing young people downtown.   Real more...

 

 
 
Austin Real Estate Market
 
Austin Real Estate - The Status Quo
 

The Case-Shiller Index of housing prices has received a lot of attention lately. It uses the closest comparable – a sale and resale of the same house – to give an indication of changes in value. The index has tracked repeat sales prices since the year 2000. An interactive map showing the changes in home values in the 20 cities monitored by the index is posted on the New York Times website. The graph shows that there are big differences in the magnitude of price increases and declines in the various cities. Read more...

 

 
 
Home in Austin
 
Sub-Prime Loans: Playing Against the House
 

A subprime mortgage used to be an alternative for borrowers who did not fit standard guidelines.  Perhaps they just started a new business or had some past credit problems.  These borrowers paid a high interest rate or put more money down to compensate the lender for making a risky loan.  Private investors who would accept higher risk for higher returns funded these loans. 

In recent years we began to see a new type of subprime loan. Read more...

 
 
Congress Ave- Austin TX
 
A Talk with Economist, Angelos Angelou
 

I recently had the opportunity to interview well known Austin Economist, Angelos Angelou. He shared these thoughts with me:

Read more...

 
 

 

   
 
     
 
Copyright © 2001 - Roselind Hejl, et al. Roselind Hejl's Austin Real Estate Guide