BY Adam Woledge 21st March 2009
Multiple living zones in the modern, average family home have many benefits, allowing families to have a formal living space away from the informal areas of kitchen, dining and outdoors. However, acoustic privacy can be an issue and it is crucial that these two living areas are well separated and can [...]
BY Mal James 21st March 2009
There is definitely more housing stock coming onto the off-market part of the market; however:
1. it’s not across all geographical markets and dollar market levels; and
2. it’s not necessarily the home you must buy; ie the price and quality is mixed.
Specific off-market properties that we have heard about, driven by, or looked [...]
BY Mal James 14th March 2009
EXECUTIVE SUMMARY
Geoff with his silver hair is the most recognisable agent and auctioneer in Albert Park, having been round for decades. He always has a smile on his face and in our opinion genuinely trying to help all he comes into contact with especially his selling clients. His auctioneering style is [...]
BY Adam Woledge 14th March 2009
There’s been a lot of talk lately about the cost of living coming down (the price of milk and petrol are two examples that come to mind). But, while house prices have been dropping, renovation and building costs, in general, look set to go up.
One reason for the price increase is that renovation [...]
BY Mal James 14th March 2009
EXECUTIVE SUMMARY
Overall stock levels are down! This is true if you look at actual auction and private sale transactions only; however, the amount of stock available for consideration is not as low as the Internet portals or The Age classifieds may portray. There is a considerable proportion of homes available through the [...]
BY Adam Woledge 28th February 2009
People will often analyse the floor plan in great depth when they are looking to buy a house. Are the room sizes big enough?, is the flow OK? Is the bathroom in the right position? The list goes on. While this is important, ceiling heights should also be considered. Often a house with [...]
BY Adam Woledge 21st February 2009
Lifts are becoming the new "must-have" accessory at the higher end of the market. Increasingly, lifts are a standard accessory (indeed, a standard request) in new, multi-level prestige homes. But lifts are not just restricted to new homes..
BY Mal James 13th December 2008
The New Game in Town – Best Offer in buy 6.00 pm on Deadline Day. No Rules – Written or Otherwise No Guidelines from REIV or Law What Price – When is enough actually enough – when is it too much? The Buyers Dilemma – Are you trying to buy [...]
BY Mal James 6th December 2008
The market is what it is and, in 2008 and 2009, opportunities are there for buyers. They are also there for sellers if they are also buying.
If you are trading up or trading like for like, then the million-dollar market presents, in its current form, many opportunities.
Lets Do the Maths – Part One
2007 [...]
BY Mal James 29th November 2008
Please note the 20% to 40%+ drop in the market comments are not hardy ha ha – this is reality. Yours truly has also been a reluctant non-seller. So, please, the market speaks to most of us in the same manner.
But while we respect sellers and their agents – we act for buyers.
The [...]
BY Mal James 29th November 2008
This article may sound like an advertisement for engaging a buyer advocate or for using the James Q Rating system.
It probably is.
During the week, we gave three talks to various business groups and those present who had not fallen asleep universally asked us the same two questions: what’s happening in the market [...]
BY Mal James 22nd November 2008
In our business as buyer agents, we often get edgy comments left on our mobile, emailed to us and, for those that are slightly braver (usually through their agent), said to our face. The unpleasant ones are always from sellers and they go something like this: “Mal, what are you doing, [...]
BY Mal James 16th November 2008
Sunday morning sees the million dollar-plus clearance rate hovering around 1 in 3 or 33%. With two big November weeks of auctions coming up, at this level we should see even more homes being unsold and on the market in December and through the Christmas break.
If you are serious about buying homes, [...]
BY Adam Woledge 15th November 2008
Even in this tough market, properties are still selling – even (although not that many) ones that need renovation, if the land content (ie size and position) is good.
This property sold under the hammer on the weekend for a strong price within the quoted range.
Positives
Location, a leafy street with many pretty houses [...]
BY Adam Woledge 25th October 2008
Today, Saturday the 25th, was the second-hardest auction day of the year, whether you were a buyer or seller. The last Saturday in November will be the toughest, as higher stock levels will be coupled with large amounts of unsold homes left over from the early 2008 and earlier Spring campaigns [...]
BY Mal James 4th October 2008
Firstly you must realize that buying an apartment is not the same as buying a house. After going through all your options regarding lifestyle, location, investment options and finally deciding that you want to buy an apartment then it’s time to start going through all the issues that you [...]