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Compared to last week, there was no doubt that today was a lot tougher for buyers. The bullish seller run of September and October seems to have quickly reignited after last week’s hiatus. Bidderman was at 2.5 bidders per auction.

Compared to last week, there was no doubt that today was a lot tougher for buyers. The bullish seller run of September and October seems to have quickly reignited after last week’s hiatus. Bidderman was at 2.5 bidders per auction.

BY Mal James 14th November 2009

A real feeling of change in the air today – very subdued. Of the auctions we attended, less than one in four were bought under the hammer. There may be excuses and it may be just a blip, but the final run to Christmas started extremely slowly with some lacklustre attendances and bidding. Bidderman was at two per auction overall.

A real feeling of change in the air today – very subdued. Of the auctions we attended, less than one in four were bought under the hammer. There may be excuses and it may be just a blip, but the final run to Christmas started extremely slowly with some lacklustre attendances and bidding. Bidderman was at two per auction overall.

BY Mal James 7th November 2009

Huge auction day: 1000+: Bayside stood still; Boroondara, Stonnington marched upwards. Big bidder numbers on some homes – no interest on others. We might be saying zaijian to Chinese auction domination and we may be welcoming back a reinvigorated, across the board $4m+ auction and private sale market.

Huge auction day: 1000+: Bayside stood still; Boroondara, Stonnington marched upwards. Big bidder numbers on some homes – no interest on others. We might be saying zaijian to Chinese auction domination and we may be welcoming back a reinvigorated, across the board $4m+ auction and private sale market.

BY Mal James 24th October 2009

Very Strong Weekend on High Stock Levels. Chinese money seems to be dropping. Bidders per auction still increasing.

Very Strong Weekend on High Stock Levels. Chinese money seems to be dropping. Bidders per auction still increasing.

BY Michael Sier 17th October 2009

What interest rate increase? Not even a flesh wound today. You may have to do more than that, or wait a bit longer, Mr Stevens!

What interest rate increase? Not even a flesh wound today. You may have to do more than that, or wait a bit longer, Mr Stevens!

BY Mal James 10th October 2009

The market was a little off for the $1 million-plus homes, but it was a weak weekend as far as quality goes. Better homes are coming up on the run into the Melbourne Cup weekend.

The market was a little off for the $1 million-plus homes, but it was a weak weekend as far as quality goes. Better homes are coming up on the run into the Melbourne Cup weekend.

BY Michael Sier 3rd October 2009

It was hot! Damn hot! And so was the weather. Market does not have that feeling of unstoppableness like 2007 – probably because we have had 2008. Nonetheless, we are back to shades of 2007.

It was hot! Damn hot! And so was the weather. Market does not have that feeling of unstoppableness like 2007 – probably because we have had 2008. Nonetheless, we are back to shades of 2007.

BY Michael Sier 12th September 2009

There is no lull. In fact, the market is spiking on top of the solid comeback already achieved in 2009. At $1m+, whatever is not back to 2007 peaks is fast becoming the exception and not the rule.

There is no lull. In fact, the market is spiking on top of the solid comeback already achieved in 2009. At $1m+, whatever is not back to 2007 peaks is fast becoming the exception and not the rule.

BY Michael Sier 5th September 2009

Despite huge stock increases resulting in crowds per auction being down, buyers are still taking up homes on offer at strong prices. You would be brave to say we are definitely leveling. We saw an increasing bidder average per auction today @ 2.2.

Despite huge stock increases resulting in crowds per auction being down, buyers are still taking up homes on offer at strong prices. You would be brave to say we are definitely leveling. We saw an increasing bidder average per auction today @ 2.2.

BY Michael Sier 29th August 2009

Is the market turning at the Top End? If no, then, at the very least, it is gyrating and altering the incline of its recent ascent! More stock, smaller crowds and fewer bidders per auction and the RBA/Glenn Stevens magic may be working. Early days though.

Is the market turning at the Top End? If no, then, at the very least, it is gyrating and altering the incline of its recent ascent! More stock, smaller crowds and fewer bidders per auction and the RBA/Glenn Stevens magic may be working. Early days though.

BY Michael Sier 22nd August 2009

Who is the happiest man in Bayside – Rod Richardson of Hocking Stuart or the seller? A signed deal fell over 4 months ago at $530,000 or 23% less than the final bid of today.

Who is the happiest man in Bayside – Rod Richardson of Hocking Stuart or the seller? A signed deal fell over 4 months ago at $530,000 or 23% less than the final bid of today.

BY Michael Sier 15th August 2009

Still some tear-away results but buyers are talking in a more balanced manner than a month ago, so with a bit more stock coming on, maybe a price rise respite is in sight. Maybe we are dreaming

Still some tear-away results but buyers are talking in a more balanced manner than a month ago, so with a bit more stock coming on, maybe a price rise respite is in sight. Maybe we are dreaming

BY Michael Sier 8th August 2009

The market is reflecting emotion and, while that may be good for the media, it might not be good for those whose judgment is being clouded.

The market is reflecting emotion and, while that may be good for the media, it might not be good for those whose judgment is being clouded.

BY Michael Sier 25th July 2009

Huge numbers of people at auctions with a lot more being bought than expected in the million dollar plus range

Huge numbers of people at auctions with a lot more being bought than expected in the million dollar plus range

BY Mal James 21st February 2009

Below a million you may need to get your skates on if you are a buyer and you are thinking of waiting. Above a million, it still looks slow. But hey, it is early days in 2009

Below a million you may need to get your skates on if you are a buyer and you are thinking of waiting. Above a million, it still looks slow. But hey, it is early days in 2009

BY Mal James 14th February 2009

Private Sales and Expressions of Interest are the order of the day as vendors lower their expectations and buyers respond with action. Auction results are same ol same ol

Private Sales and Expressions of Interest are the order of the day as vendors lower their expectations and buyers respond with action. Auction results are same ol same ol

BY Mal James 13th December 2008

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Buyer Masterclass
Early Winter Demands a Change of Tack

EARLY WINTER DEMANDS A CHANGE OF TACK...

BY Mal James

With Easter 2012 over, many of you will be suffering withdrawals not just from chocolate but also from information about the property market – a...

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