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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 [...]
Hard to believe we are knee deep into Early Spring!

Hard to believe we are knee deep into Early Spring!

G’day and welcome back to James Market News. Hope you all had a break from the Melbourne winter! My break was with my youngest daughter, Maddie, in the Top End at Fitzroy Crossing, Kakadu and Kooljaman, Cape Leveque. Aboriginal people know a lot more about land and its value than many of us “new migrants”. Hard to believe it’s been [...]
3 Cheers for Daniel Andrews and Consumer Affairs Victoria!

3 Cheers for Daniel Andrews and Consumer Affairs Victoria!

Welcome to Part 1, of the James Big 3 Reports on the changes in the $2M+ inner Melbourne market. In Part 1, we discuss the first change, under quoting. Parts 2 and 3 will be published in the coming weeks. On May 1st 2017, we will hopefully be entering a new era; one that will make our [...]
It’s going to be a white (hot) Christmas

It’s going to be a white (hot) Christmas

Welcome to our 2016 Bumper Christmas Edition. In this, our last article for 2016 – the key to good sex, nothing about that American bloke and a segment on how to get $70,000 for free every year. Plenty of positives, but apologies we don’t seem to have any fake news! And to the Inner Melbourne Market. Wow, what a finish [...]
How to buy an Off Market well.

How to buy an Off Market well.

(Our three part series from Market Insight July/August 2016) In the beginning: So you’ve heard about a whisper, a rumour, on the quiet just for you – nobody else knows and its come straight from your new “bestest” friend. Two of the above off markets started exactly like that for us, which we took to the client [...]
Market has started like a fire engine not a delivery truck.

Market has started like a fire engine not a delivery truck.

At 6.00 pm today the Melbourne market of late Winter has made a strong statement, with a James $M+ Clearance Rate of 88% and Bidderman a whopping 3 bidders per auction on the 25 auctions, we bid at or reported on today. The Inner market has started out of the blocks in a hurry – based in part, on [...]
July has been fairly busy away from the auctions!

July has been fairly busy away from the auctions!

Hello and welcome back to James Buyer Advocates Marketnews. A few auctions of note today on very small numbers as the market awakes from its traditional Winter auction slumber.  We have covered 19 in our reporting; Bidderman was 2.4 bidders per auction and the $M+ James Clearance rate was 74% – even though a small sample, we think it’s an [...]
G’day 2016!  The Peninsula, Melbourne OFI’s and James has started more positively than the newspaper headlines.

G’day 2016! The Peninsula, Melbourne OFI’s and James has started more positively than the newspaper headlines.

Welcome back to James Buyers Agents and Advocates 2016. We have started James Market News a little earlier than planned because we are experiencing solid market interest right here and now in January. SOLID START We have already been involved in substantial buys and sells this year (2016) and currently have seven homes in negotiation; with a [...]
Winter 2015 Land Guides

Winter 2015 Land Guides

At James Buyer Advocates we update our land guides in each Suburb precinct and often streets as new information comes in (usually weekly as we are valuing in most precincts on a weekly basis). Each land sale or partial land sale is considered by James Buyer Advocates for: 1) Number of bidders 2) Block characteristics 3) Position 4) Additional unusual known [...]
The Top of the Top End has begun with a Volcano Vapour Trail

The Top of the Top End has begun with a Volcano Vapour Trail

Welcome to 2015 $3m plus buyers. Wow what a start. The Top of the Top End has begun with a Volcano Vapour Trail – there is no other way to describe it. Check out the auction results below if you think we are exaggerating. 4 bidders in Middle Park over $5m, 3 bidders at $7m in [...]
The world returns to normal on a Saturday – it’s Auction Time!

The world returns to normal on a Saturday – it’s Auction Time!

At 6.00 pm on Saturday, on our first auction day of the year for Inner East and Bayside we have been to thirteen auctions – all had bidders and all sold. Bidderman was 3. No emphasis on stats today as there were very few $M+ auctions and this was a small sample. Inner Melbourne’s big auction games [...]
Inner & Northern Weekly

Inner & Northern Weekly

Warehouses by Adam Gardner While the numbers of new public listings is starting to slow down somewhat in the Inner Melbourne areas as Christmas approaches, there are still a number of properties that should garner some interest when they go under the hammer. In fact, the number of warehouse conversions on the market is significant at [...]
Apartments

Apartments

Thinking Apartments The resale apartment market is as strong now as it has been for many years and this is mainly due to the combination of the baby boomers losing their kids, agents knocking on doors offering incredible money and the continuing strength of the overseas Asian market. We like apartments as lifestyle buys, however just because [...]

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