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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 [...]
Game Changer

Game Changer

NOTE 17.6.17: This article was confirmed and published 3.6.17. Withdrawn 6.6.17 when we became aware of new information and remained so until 17.6.17 when we republished with new information. This story is now different from the original article published in good faith, however a lot of the gist of it remains true – except that the winning bidder of [...]
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 [...]
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 [...]
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 [...]
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 [...]
Making Beautiful Decisions

Making Beautiful Decisions

Beautiful Decisions – Buy/Sell Welcome to our final series for the year – over the next three weeks we will try to highlight just how much is added to your life with beautiful decisions. This final 2016 series is about getting the most out of buying and selling a home via a beautiful decision. We are splitting the series [...]
Struggling to see the sense in only considering land + build? Me too!

Struggling to see the sense in only considering land + build? Me too!

Big day today for auctions and, despite the fact that this year we are dealing in more properties away from auction than at auction – as a company we were involved in nine today – I’m zonked. We could not cover as wide a cross section of auctions (only 20) as it was all hands on [...]
We’ve got No Trumps today

We’ve got No Trumps today

Its 6.00pm Saturday and the James Clearance rate for $M+ Inner Melbourne is 88% on the 26 Auctions we covered today. James Bidderman, that is, bidders per auction, is 2.8. Super Strong. Big numbers of bought befores and look at the Volcanoes 48%. That means every second auction had 4 or more bidders and how about this; there were 15 bidders [...]
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 [...]
What is really happening!

What is really happening!

Rock solid… Prices have flattened out over the past 12 months, which means buyers and sellers have a stable environment to transact at the moment. Tim Heavyside I reckon the market is patchy. There is a nervousness about it. A bit like the start of a marathon race. Buyers are lining up ready to go but are [...]
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 [...]

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