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Market News » bargains


Seller Advocacy and 11climbers

Seller Advocacy and 11climbers
  As of 2018 $5,000 from each Seller Advocacy job is donated to 11climbers.org. The money donated will go towards alleviating Melbourne Homelessness and increasing the number of life changing surgeries for African young people. The balance of any fees will go to James Buyer Advocates.   Giving is the most selfish thing I do – it gives [...]
Young Homebuyers Issues & Solutions

Young Homebuyers Issues & Solutions

年轻购房者的问题和解决方案 Young Homebuyers Issues & Solutions James 市场总结 James Market Summary * 在惯例的七月冬季,墨尔本房产市场拍卖数量刮起了一股下降之风。看一下右方我们拍卖房产的图表—-很多人正开始暂停拍卖。 * 竞标者数量今天有所下降,然而房产质量本月有明显松动。 * 流拍较我们近期看到的要多,这是房产质量征兆的一部分,这同样也反应了卖主预期与市场博弈的情况。 * 在我们参加的27场拍卖中,81%的拍卖有2-6位竞标者,只要市场按这个力度走,这是个非常非常坚实的结果。 * 总的来讲,我们今天看到的,不多。市场的成交在心理上受到了媒体讨论的影响(这并不是抱怨——我们需要有这种讨论),虽然过一个周末长假,房产质量有所降低,但还是有了坚实的结果。 * 另外,欢迎回到James市场新闻(本周与下周将是大专题)。欢迎年轻的购房者在下两周分享我们的专题文章,然后在7月份学校假期期间市场新闻会暂停,James购房中介仍对客户开放。 The Inner Melbourne Market is beginning its wind down into the traditional July Winter break. Look at our forward auction stock graphs to the right – most are beginning to shut up shop. Bidderman was down today, however stock quality has also noticeably eased this [...]
Young Homebuyers Issues & Solutions

Young Homebuyers Issues & Solutions

James Market Summary The Inner Melbourne Market is beginning its wind down into the traditional July Winter break. Look at our forward auction stock graphs to the right – most are beginning to shut up shop. Bidderman was down today, however stock quality has also noticeably eased this month. More pass-ins than we have seen for a while, which is [...]
We all waited with bated breath … AND

We all waited with bated breath … AND

Yes it was a bit of a dog of a day for the market this weekend, but it was not an absolute shocker.  And really, what else could you have expected! At 6pm on Saturday, the James Clearance Rate for $M+ was 52% on the 25 auctions we attended. We have seen worse. The Weekly Review Bidderman, [...]
The Toorak high wire balancing act. Price is a fickle animal in June 2010.

The Toorak high wire balancing act. Price is a fickle animal in June 2010.

Talking with James Connell of Marshall White as he scoots off for a bit of a break, he tells me the market is sound with no real price drops. When you get the figure of 140 sales in May for Marshall White, it’s hard to argue with that. It’s also hard to argue when Kay and Burton’s [...]
More and more choice for buyers and at good prices if you know how to buy well!

More and more choice for buyers and at good prices if you know how to buy well!

At 6pm Saturday the James Million-Dollar-Plus Clearance Rate on the 35 auctions we attended was 51%. Our Demand Indicator, Bidderman, was up at 1.7 – still hanging in there. PRICE CORRECTION There is no doubt the market has eased, “corrected” – call it what you like. One easy word to understand  is “dropped”. On a few properties it [...]
Overhang is the issue, but new stock numbers are dwindling so a rebalance is possible.

Overhang is the issue, but new stock numbers are dwindling so a rebalance is possible.

SUPPLY OVERHANG BUILDS First some stats. Last Saturday’s (May 29) Auction results showed strong evidence of “auction overhang” in Port Phillip where the clearance rate was 32% clearance rate on the 22 auctions we monitored. Seven days later the reported clearance rate had lifted from 32% to 45%, with only three of the pass-ins and unreporteds reported as having [...]
Ladies and Gentlemen. Roll Up, Roll Up. Welcome to the new Port Phillip one man shows. Turn Up – Speech – Vendor Bid – Exit

Ladies and Gentlemen. Roll Up, Roll Up. Welcome to the new Port Phillip one man shows. Turn Up – Speech – Vendor Bid – Exit

Not a lot on offer today and despite our headline a few were put away albeit on lower interest levels than last month. Of the reported sales we saw 7 from 13 go under the hammer or sell soon after for a 54% clearance rate. The standout auction was 65 Beacon Vista Port Melbourne with [...]
2009 $Million Market 1st Big Test – What is Happening? Big Numbers at Auctions

2009 $Million Market 1st Big Test – What is Happening? Big Numbers at Auctions

On Saturday at 5pm, we have a James clearance rate of 47% on the 19 auctions we attended – by Sunday this has moved to a very strong 79% (our highest in 2 years). On first blush, it doesn’t necessarily say the market is moving ahead positively (for sellers) but, in fairness, [...]
New Skills Required for Expressions of Interest and Range Private Sales – The BLIND AUCTION

New Skills Required for Expressions of Interest and Range Private Sales – The BLIND AUCTION

The New Game in Town – Best Offer in buy 6.00 pm on Deadline Day. No Rules – Written or Otherwise No Guidelines from REIV or Law What Price – When is enough actually enough – when is it too much? The Buyers Dilemma – Are you trying to buy [...]
It is all about Price, Property and Position

It is all about Price, Property and Position

Today, Saturday the 25th, was the second-hardest auction day of the year, whether you were a buyer or seller. The last Saturday in November will be the toughest, as higher stock levels will be coupled with large amounts of unsold homes left over from the early 2008 and earlier Spring campaigns [...]
People are hurting, mainly sellers, and we do feel for the pain it is causing

People are hurting, mainly sellers, and we do feel for the pain it is causing

At 5pm Saturday, of the 15 million dollar auctions we attended today, only three had sold under the hammer. We do expect a few of these to sell by tomorrow. However, there is no doubt we are in a state of uncertainty with regards to the future million-dollar-plus property market and that, of [...]
This week has been a traumatic one for many whose lives are connected with world finances

This week has been a traumatic one for many whose lives are connected with world finances

At 6pm Saturday, the clearance rate from the 15 auctions we attended was 40 per cent, with a few more expected to sell overnight. The week has been a traumatic one for many whose lives are connected with world finances. In property, this week has been the culmination of a very quiet month. Perhaps [...]

Inside James Market News