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Market News » bidderman


Market moving from regulated to unregulated?

Market moving from regulated to unregulated?
At 6.00pm the James Clearance rate for $M+ Inner Melbourne family homes was 50% on the 26 Auctions we covered in the Pre Xmas 100 Auction test today. James Bidderman that is, bidders per auction, was 1.2, indicating the overall market is still easing/falling in price.  Bidderman needs 2 to tango and 3 to party – 1 is the loneliest number if you’re [...]
WipeOut – the poorest Bidderman and Clearance Rate combo in history!

WipeOut – the poorest Bidderman and Clearance Rate combo in history!

When you’re warm you’re hot and when you’re cold you’re freezing

When you’re warm you’re hot and when you’re cold you’re freezing

Welcome to our $2m-plus auction Early Spring season opener And the first of three weekends of the James 3 Week 100 Auctions Early Spring Market Test, specifically designed to measure the true market temperature of higher end, Inner Melbourne Family Homes. This time last year, the opening Spring Day was a bit depressing and now it feels like we have just [...]
Yep, its a big drop – how to deal with it!

Yep, its a big drop – how to deal with it!

Welcome to the early beginnings of the Melbourne Spring buying and selling market. Auctions start in a few weeks time. This weekend’s James Market Insight, is the first in a series of three, about how you can best manage yourself in what’s to come. Why manage yourself? One: If you cannot manage yourself, then you dramatically increase your chances of [...]
The Market Roar – where and when

The Market Roar – where and when

At 6.00 pm on Saturday we found the market, as we have found it all year; B and C Graders down – A-Graders mixed. A-Grader, by our definition – right Position, right Property and right Price – good PPP‘s. Overall, the market as we go into winter is still declining in its mood, interspersed with some strong results: such [...]
Decimated Kew. Sellers spent $100k per bidder < 9% under hammer!

Decimated Kew. Sellers spent $100k per bidder < 9% under hammer!

At 6.00pm on Saturday, it’s official – we are continuing to fall – but those falls are becoming more widespread. In the final week of our three week May 100 Auction Test, we can now say that last week’s comments (of a flattening market) look “courageous” on today’s market evidence. The  Clearance Rate for $2m+ Inner Melbourne family homes [...]
Cash is Why

Cash is Why

It’s 6.00 pm on Saturday, the first of 3 weeks in our May 100 Auction test. It played out to an expected script, with a near cold 63% clearance rate on family homes over $2 million and the James Bidderman is a consistently chilly 1.3 (bidders per auction), on what are relatively low stock levels for a “normal” May. Look at the [...]
Is now a good time? 6% bought under the hammer today!

Is now a good time? 6% bought under the hammer today!

A-Graders are still selling! However, this was the only home we saw sell under the hammer today. There were 3 bidders at 2 Irymple Avenue, Glen Iris which  sold for $2,750,000, John Morrisby. Contents: 1. Under the Hammer 2. Is Now a Good Time? 3. Dr. Good Strategy 4. Around the Grounds – Auction Reports 5. Market Fresh – one-liners on 25 Top [...]
The Market has certainly changed direction

The Market has certainly changed direction

It’s 6.00pm Saturday and the James Clearance rate for $2M+ Inner Melbourne family homes, was a drifting down 69% on the 32 auctions we covered today, in the third and final week of our James 100 Auction 3-Week Test (Feb 24, Mar 3 and 17). The 3-week Opening Market Clearance Rate was 67%. James Bidderman, that is bidders per auction, was 1.3 today.  The [...]
Values versus Pricing at the Highest End

Values versus Pricing at the Highest End

Week One: Value is not a number, it is a feeling. Price has no emotion, no conjecture, it’s factual. Price is not value and value is not price. I buy a number of family homes for people –  perhaps more than anybody else in Melbourne, perhaps not – and at some point in the client and buyer advocate discussion [...]
The slowest start since 2012 – but is that bad news?

The slowest start since 2012 – but is that bad news?

  Welcome to our $2m plus auction season opener and the first weekend of our three weekend, James 100 Auctions Market Test; specifically designed to measure the true market temperature of higher end, Inner Melbourne Family Homes. It’s 6.00pm Saturday and the James Clearance rate for $M+ Inner Melbourne was a middle of the road 68% on the 34 Auctions we covered today. James Bidderman, that [...]
It feels like it’s going to be OK early.

It feels like it’s going to be OK early.

Hello everybody for 2018! As is our tradition, it’s a decidedly lightweight first-up Market News, as we ease our way back into the saddle. Giddy-up! Today was the first serious day of opens and we have started the year with a some impetus having bought two homes already; contrasting with the flat feeling the market left for most buyers late [...]
The Market Is Clearly Talking to You

The Market Is Clearly Talking to You

At 6.00pm Saturday the overall Inner Melbourne $2M+ market results: Family Home Clearance Rate of 81% on the 34 Inner Melbourne $M+ auctions we covered. Combined with James Bidderman (bidders per auction) @ 1.8 on lowish auction stock numbers. The Inner Melbourne Top End market is now consistently tracking below 2 bidders per auction in Early Spring. This is a major shift in bidder [...]
3-week Inner Melbourne Auction Challenge continues

3-week Inner Melbourne Auction Challenge continues

This week in James Market News:  Continuation of the James 3-Week 100 Auction Challenge Inside James Auction Action Call for Good Quoting Nominations of Agents At 6.00pm Saturday, the overall Inner Melbourne $M+ market results were a Family Home Clearance Rate of 88% on the 33 Inner Melbourne $M+ auctions we covered, combined with a James Bidderman (bidders per auction) @ 2.2 [...]
The word from the street – what is really going on?

The word from the street – what is really going on?

Happy Mothers Day to all our Mums – the real home decision makers. This week in James Market News: Market Commentary – Three-week Challenge of 100 reported auctions Auction Action – 33 auction results Inside James – buy-then-sell service and Mal’s auction observations At 6.00pm Saturday, the overall Inner Melbourne market results were solid, if you just look at the Clearance [...]

Inside James Market News