Marketnews Archives

Because the job people pay me for is the 3 O’s:
• Opinions
• Options
• And ultimately… Outcomes
And while people want more, it’s not more opinions, or even more options.
It’s more outcome.

YES. But Mal my house didn’t sell or hasn’t attracted any interest and yet you said the market is a lot better!

That’s correct my friend. Look at the graphic above. We are just turning a corner and those that are selling are at market not 10 to 20% above market. We are nowhere near 2021 yt!, but we are seemingly chortling back in that direction!

Have I gone too early?

Looking at today’s results, that’s a fair question to ask. Clearances (61%), Bidderman (1.5) — back into the no so brilliant range on the 33 auctions we covered today.

We covered 39 Auctions today as part of our 100 Auction Test to begin 2025M1. She’s Strong!

And to start – all I can say is WOW.

What a change in mood,
What a change in outlook,
What a change in early February results between 2024 and 2025.

Do the maths and play the percentages. A great buyer agent with period home experience costs 1-2% of your purchase price. Your renovation could cost anywhere from 20% to 150% of that purchase price. That’s up to 130 times the cost of good advice.

Real Estate Top End: Welcome to 2025!

The first serious open numbers are rolling in, and many agents in Melbourne are reporting big numbers. Of course, we agents tend to be optimistic about our potential earnings – it’s in our DNA!

With Santa starting his engines, we look back upon our year and we also ask some of the best going around their opinion on how they found 2024 and what they think of early 2025 will bring.

Second last for the year as we wind into Santa – this week a real page turner click on this to see what happened in 2024.

Last night culminated in another no-exception deal. Our client bought a great home pre-auction, one she really wanted, and Rae made us pay, as she almost invariably does, by lining up some stiff competition out of nowhere.