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You think newly zoned land is the same – it’s not – it’s a $700,000 difference.

You think newly zoned land is the same – it’s not – it’s a $700,000 difference.
In James Market News today: Under Quoting – Only 8 more sleeps to go Todays auction action Off Markets Chris Richardson from Access Economics – Opinion Big Changes Part 2 – zoning and $700,000 difference on one block With the Easter break, very few auctions today, most of the activity is off market. We expect it be the same again next week, before we burst [...]
What is THE ISSUE right now in 2017?

What is THE ISSUE right now in 2017?

It’s 6.00pm Saturday and the James Clearance rate for $M+ Inner Melbourne was 78% on the 23 Auctions we covered this weekend. Bidderman was back hovering where it has been for several years now – at 2.7 bidders per auction and on big auction numbers – meaning whilst 151 bidders bought, there were still another 313 bidders [...]
The James Money Bin Competition.

The James Money Bin Competition.

The James Money Bin Competition This year we are looking at trying to help the younger members of the community, make good decisions about buying homes and we want to hear what they have to say. you own property, own the home We have five opportunities to give away $1,000 through out the next few months. The aim of the [...]
Welcome to 2017 – Back on the hustings today

Welcome to 2017 – Back on the hustings today

Clockwise visits today – no substitute for foot leather, listening, looking and listening again. 1st Slide Clockwise from top left: Malvern East:$2.5m?  – little cutie – no, not the agent John Manton – the house. Good crowds at the OFI. Hawthorn: $4m? Off -Market or Pre-Market? – good family home. Crowds – Only one! Armadale: $4m? Nice one – listening [...]
How to buy a Top End home well – it’s different!

How to buy a Top End home well – it’s different!

INTRODUCTION If I told you buying a home at the Top End is more about trust than money, would you believe me? Maybe, maybe not. Well this is a story about 3 homes involving strategy, dealmaking and truths at the Top of the Top End. Towers Road, Toorak (Marcus Chiminello) Bought 2016: James Home Rating 942/1000 Kooyongkoot Road, Hawthorn (Ross Savas / Jeremy [...]
How To Negotiate Very, Very Well

How To Negotiate Very, Very Well

Welcome to our 3 Part Series on Negotiation Part 1 – Negotiation Noise Part 2 – What’s Really Important in a Negotiation Part 3 – How to Negotiate Well Hey you, what would you know about negotiation? You’re reading this article because you’re desperate to pick up a free morsel from me; the master, who has already beaten over a [...]
We are now buying a third of our homes off market

We are now buying a third of our homes off market

At 6pm the James $M+ Auction Clearance Rate was 83% on the 29 auctions we reported and bid on today. James Bidderman continues to be very strong at 2.8 bidders per auction. The homes today seemed to be either bought before or under the hammer with volcanic bidding (4+ bidders). In fact just on 50% of the auctions we reported [...]
2016’s Opening Market is (…..drum roll)

2016’s Opening Market is (…..drum roll)

2016’s Opening Market is …..drum roll … Pumping…….Strong …….Rocking. There’s no doubt and no other way to really describe it. We’ve had three big auction weekends in a row, with today a virtual Super Saturday and the market has spoken. 2016 has started with a real bang. The only difference between 2016 and 2015 is the [...]
Still good!

Still good!

It’s week 2 of our 3 week (Feb 20 +27 and Mar 5) 100 auction reporting marathon. Today was down on last week’s unbridled enthusiasm. However we did see a market that continued to show its depth and strength on the right homes. Just like late last year, today also had a clear dichotomy of interest between the A graders v [...]
Balwyn Calling – International Asian Demand showing the real signs of easing!

Balwyn Calling – International Asian Demand showing the real signs of easing!

Special Edition – James International Demand Report for Inner Melbourne $M+ housing Today we have ditched our across Melbourne auction coverage and focused on assessing the change (if any) to International Demand within the Melbourne Property Market. James Bidderman, Bayside, Stonnington and clearance rates have been sidelined, so as we could focus almost all our resources on assessing [...]
News of my death may be greatly exaggerated

News of my death may be greatly exaggerated

The market is not as bullish, as urgent, or as downright insane as it was from February to May, even June of this year. Is this really a true statement? In many cases we are 20% above the start of the year. Is the market’s outward intensity less about dollars and bidding and more about that, we [...]
EOI’s, Private Sales and Off Markets

EOI’s, Private Sales and Off Markets

1. More and more work is behind closed doors at this level. At James we buy more away from auction than under the hammer. 2. Where you start determines where you finish. So many buyers are framed or frame themselves at the wrong number. There is nothing transparent about a private sale, an EOI or an Off Market. [...]
If you can think clearly, you can buy now (where you haven’t been able to before) and you can buy well (in terms of choice).

If you can think clearly, you can buy now (where you haven’t been able to before) and you can buy well (in terms of choice).

Understand the effect “Chinese Buyers” have on your market and learn strategies to deal with it

Understand the effect “Chinese Buyers” have on your market and learn strategies to deal with it

    The Chinese Phenomenon – Case Studies References: 1) Here is a link to a sample of 500 (Five hundred) homes we have bought recently – you decide if we are qualified to make the comments we are making http://www.james.net.au/homeratings/houses_bought.php?token=LJbnmFauW3 2) Here is a link to the 5000 (Five thousand) auctions we have reported on – you decide if we [...]
The land was worth less with a nice home on it!

The land was worth less with a nice home on it!

James Market News Lite again. Talk of a quietening market, in a our opinion, is a little premature on what we saw today. Yes, clearance rates are down – but that is normal for this time of the year, as the real quality auction stock doesn’t come out in large numbers until either side of the [...]

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