Where’s the Special Sauce: Big Mac Mystery
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!
Volatility Confirms the Turn?
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.
It’s a bird, it’s a plane, no it’s SuperMarket
We covered 39 Auctions today as part of our 100 Auction Test to begin 2025M1. She’s Strong!
Yep Its Turning
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.
Make (Lose) an Additional $3M on Your Heritage Project
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.
Welcome TOP END 2025
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!
Letter to Santa. Been Naughty or Noice? > $100m in ’24
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.
Top End 2024
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.
I’m Getting Out & Getting On
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.
Style v Substance
Bayside is back with the mantle of our worst Top End market and why many are still being recommended to go to auction right now is unfathomable in the make sense department, especially when the seller is spending $10,000 to $20,000 to fail
Buyers Don’t Believe in Bayside’s Big Brands
Buyers Don’t Believe in Bayside’s Big Brands
How can Bayside’s auction clearance rate be below 50% so often, with fewer bidders per auction than auctions themselves, yet major brand agents still claim their branding makes a difference?
Some Fight in the East
Spring results show the market is still falling! Price is the absolute brand on the home. It used to be Heritage, then twas reno’s, now its price that scares
Stockpickers & Agentpickers
ChatGPT 4.0: Question: We are in a down market for Melbourne’s Top End family homes. What would Warren Buffett and Peter Lynch do applying their stock market strategies, and whilst there, what would Mal James of James Buy Sell and marketnews.com.au do?
Yes, But How Did They Sell
Spring results show the market is still falling! Price is the absolute brand on the home. It used to be Heritage, then twas reno’s, now its price that scares
Three “Warren Buffett” Investments for 2024-2032?
In a market like Melbourne’s Top End, opportunities abound for those who understand value. Whether you’re buying for investment or for your family, the key is recognising intrinsic value, focusing on quality, and avoiding unnecessary risk.
Early Spring
Today’s Bidderman looked statistically stronger, rising from 1.4 in May to 1.7 now.
Pass In City
From Brighton to Canterbury to Malvern East we covered 7 auctions totalling $35 million for 7 pass-ins with 4 bidders in total. 3 have since sold after.
$4m to $65m Buy Sell
At first glance, capital growth appears to be 8% compounded per annum. However, …………..
Game theory buys 29 Mason
This is where Game Theory comes into play. Linked to the work of 18 Nobel Prize winners, Game Theory is ………..
3 Amigos carve out 432 Bids
An amazing 432 bids at Anderson Road, Hawthorn East—432, yes 432.
That’s because ……..