Market News » Supply


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 [...]
If demand and supply were just people alone, then Africa would have a stronger real estate market than Australia.

If demand and supply were just people alone, then Africa would have a stronger real estate market than Australia.

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 [...]
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 [...]
Are you serious Scott Cam – Are you serious CAV?

Are you serious Scott Cam – Are you serious CAV?

STOP PRESS 9.00PM SUNDAY NIGHT Congrats to Josh and Elyse, great win on The Block and well done to all the other contestants. I like watching The Block Grand Finale normally – but Are you serious Scott, CAV, Frank and Nicole? Was I watching a real show or Hollywood (where there are no rules)? If there are no rules, what [...]
Deeper Examination Into Our Markets

Deeper Examination Into Our Markets

Spring Summary: To say the market is as strong as six months ago, or this time last year, would be a wrong call. As an across the board statement, it would be the wrong call, to state or assume the overall Inner Melbourne Family Home market is definitely on the way down, as there is still no [...]
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 [...]
State of the Market – May 2017 – Opinion

State of the Market – May 2017 – Opinion

What is the market really doing? We get asked this question daily so we decided to conduct a 3-Week, 100 Auction Report challenge during the month of May. Well, there were no surprises! All three measurements showed that the Inner Melbourne market is in what we call “boom times”, but now, since 2008, increasingly what we call [...]
Our bumper pre-winter issue – so much great info!

Our bumper pre-winter issue – so much great info!

This week in James Market News: (click on contents) 1. Market Commentary 2. May 3-Week Auction Challenge – Results are in… 3. Bayside and Inner East Auction Action 4. 2017 James Half Year Summary 5. Land Prices – 2010 – 2017 6. Negotiation Corner – Narrowed Focus 7. Inside James – and Off Markets 8. Younger Homebuyers – [...]
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 [...]
More chance of a rise than a fall ……………

More chance of a rise than a fall ……………

It was a quiet-ish day today on market – off market is a different story – the auction biggies for May starting in numbers the week after next. At that time we will be focusing on James Bidderman (for any movement in demand) and any drop off from overseas buyers. Has all the talk of late begun to bite? This [...]
3 Melbourne Property Market Changes you need to know!

3 Melbourne Property Market Changes you need to know!

  The Inner Melbourne $2m+ Market is CHANGING.   “3 Big Melbourne Property Market Changes are/could be happening in the next month.” Mal James – James Buyer Advocates   At James Buyer Advocates we are preparing a special James Big 3 Report on changes and possible changes hitting the Melbourne Property Market in the next month. What do they mean to you, the buyer? To get [...]
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 [...]
The Market is not all about the Auction

The Market is not all about the Auction

Its 6.00pm Saturday and the James Clearance rate for $M+ Inner Melbourne was 74% on the 23 Auctions we covered today – solid. James Bidderman, that is bidders per auction, was 2.3 bidders per auction – also a solid number. Interesting to note the spread across the board, at the Top End, was fairly even between ducks/lone rangers, norms and [...]

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