BY Mal James 27th May 2017
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 [...]
BY Mal James 27th May 2017
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 – [...]
BY Mal James 13th May 2017
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 [...]
BY Mal James 17th December 2016
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 [...]
BY Mal James 19th November 2016
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 [...]
BY Mal James 23rd May 2015
James now Smartphone Optimised for easier reading – click horizontal bars in top left hand corner of iPhone
James Market Summary
6.00 pm Saturday May 23rd
$M+ Clearance Rate 79% (29 auctions)
Bidderman 2.4
Ducks 10%
Lone Rangers 14%
Norms 48%
Volcanoes 28%
$M+ Market remained very strong.
Significant drop in Bidderman – Is today a statistical anomaly or market easing or indeed simply more buyers placing more [...]
BY Mal James 14th March 2015
At 6.00 pm on Saturday, the James Clearance Rate for Melbourne’s $M+ property was another mind boggling 86% on the 29 auctions we covered. James Bidderman, our bidders per auction measurement was 3.0. These numbers are late 80’s or 2007 sorts of stats.
Overall Summary of Melbourne’s Million Dollar-Plus Auctions:
Ducks ($M+ auctions with no bidders) 15%
Lone Rangers ($M+ [...]
BY James Buyer Advocates 22nd November 2014
Warehouses by Adam Gardner
While the numbers of new public listings is starting to slow down somewhat in the Inner Melbourne areas as Christmas approaches, there are still a number of properties that should garner some interest when they go under the hammer. In fact, the number of warehouse conversions on the market is significant at [...]
BY James Buyer Advocates 16th November 2013
Parking Mad
The old timers of 100 years ago could never have anticipated that their old dunny lanes would take on such a different use n the future. The lanes that once allowed the dunnyman (or night soil man) to clear waste in the times prior to modern plumbing, now provide access for vehicles to be [...]
BY James Buyer Advocates 25th May 2013
One auction we were looking forward to this weekend in the inner north-west was 19 Richardson Street in Essendon (Christian Lonzi, Frank Dowling Real Estate – Essendon). This is a grand looking home, although not overly large, but it was well-renovated and had a lovely feeling. It lacked an ensuite and the flats to one [...]
BY Mal James 31st May 2012
End of Autumn in a nutshell:
Some life at the Top of the Top End with sales over $7m under the hammer at Seacombe Brighton (John Bongiorno) and Mayfield Malvern (Gerald Delany) and through private sale at Domain South Yarra (Andrew Baines) and Hampden Armadale (Jeremy Fox). This follows on from last month’s 5 sales circa [...]
BY Mal James 31st March 2011
Week Ending 19th March: Off Markets, Forthcoming Auctions and Expressions of Interest are increasing as market stock levels begin to rise dramatically
BY James Buyer Advocates 5th March 2011
Key Points:
The overpriced are as cold as ice in Port Phillip right now. No bites, no action – as evidenced by the pass-ins of yesterday and the first two weeks of this market.
Overall the year has started better than anticipated but pass-in vendors will need to adjust if they want to attract buyers.
I went to [...]
BY James Home Ratings 25th March 2010
There is always a great deal of talk about “Boom” suburbs!
The media love it, some so-called property experts love it, and it is a hot topic at dinner parties.
“Where are property prices going to BOOM next? ”
The word “boom” creates a buzz and gets everyone’s attention
Unfortunately, a ” boom suburb ” can be like a [...]
