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Market News » Land


Melbourne Homeless Real Estate Agents

Melbourne Homeless Real Estate Agents
Estate Agents are solving homelessness just like people solved polio, road toll and guns Well done Kay and Burton, Marshall White, Jellis Craig, Fletchers, Nick Johnstone, Greg Hocking and Buxton 28,000 Melburnians are homeless – how many is that? For every working Melbourne agent, there are two homeless people? OMG!  Evidence Good news: Estate Agents REDUCED 253 evictions with early intervention phone calls 253 [...]
What are we certain about this Winter?

What are we certain about this Winter?

May 2019 Market Summary – brighter outlook on very low stock levels Its 6.00 pm and today we covered 36 auctions to finish the May 100 Auction $M+ 3 week auction Test (May 18, 25 and June 1). Three simple things have come out of the coverage. One: Everybody expected bad – that’s why there were so few auctions. [...]
Life is good

Life is good

G’day Mal James here. I wrote this piece as I wanted to. I have written about how I feel in this market and I’m not asking you to feel the same way. So it’s ok to switch off now rather than wade through my mud, but there are some sprinkles of gold in here by the way! Life is good I love what [...]
How bad can it get?

How bad can it get?

From all recent news reports, this year is going to be a “bad one” in property. And by definition, a “bad one” is poor quality or not as hoped for. We’re sorry, but we just don’t see “bad”. We see the market, as we left it in 2018, a superior quality one – more sophisticated and better for [...]
The lesson(s) of 2018

The lesson(s) of 2018

9 am \ Surrey Hills Day started with a visit to an off-market home in Surrey Hills. This home has been for sale for over a year. Why? Price. To be an A-grade property you need to have all three Ps – good Property (building), good Position (land) at a good Price (market). This home had two out of three. In [...]
It’s official, we have a new No. 1!

It’s official, we have a new No. 1!

At 6.00pm the James Spring 100 Auction Clearance Rate for $M+ Inner Melbourne family homes was 53% over the 3-week market test period (Aug 25, Sept 1 and 8). Last week our heading was Wipeout – it was a shocking day on the streets (31%) –  today (66%) the results are a bounce back to the previous week (61%) [...]
First signs of life

First signs of life

  Today was the clearest spring buying and selling lessons any us, be we buyer or seller or both, will get before Christmas. With the auction machine still cranking up its engine, we covered a few spring early bird auctions today – eight Top End auctions in total – summary in the Volcanoes and Ducks graphic above – [...]
Yep, its a big drop – how to deal with it!

Yep, its a big drop – how to deal with it!

Welcome to the early beginnings of the Melbourne Spring buying and selling market. Auctions start in a few weeks time. This weekend’s James Market Insight, is the first in a series of three, about how you can best manage yourself in what’s to come. Why manage yourself? One: If you cannot manage yourself, then you dramatically increase your chances of [...]
State of the Spring Market

State of the Spring Market

  With the key property drivers of the 2000’s: Migration Chinese Students Easy Bank Money Negative Gearing (Interest only loans) Lack of Infrastructure being “attacked” politically from all angles (many would say this is a good thing for our young / community to at least pause and consider), the market is showing signs of and has the potential for major structural change. Forget [...]
The Market Roar – where and when

The Market Roar – where and when

At 6.00 pm on Saturday we found the market, as we have found it all year; B and C Graders down – A-Graders mixed. A-Grader, by our definition – right Position, right Property and right Price – good PPP‘s. Overall, the market as we go into winter is still declining in its mood, interspersed with some strong results: such [...]
Is now a good time? 6% bought under the hammer today!

Is now a good time? 6% bought under the hammer today!

A-Graders are still selling! However, this was the only home we saw sell under the hammer today. There were 3 bidders at 2 Irymple Avenue, Glen Iris which  sold for $2,750,000, John Morrisby. Contents: 1. Under the Hammer 2. Is Now a Good Time? 3. Dr. Good Strategy 4. Around the Grounds – Auction Reports 5. Market Fresh – one-liners on 25 Top [...]
Younger Homebuyers thriving in 21st Century Inner Melbourne

Younger Homebuyers thriving in 21st Century Inner Melbourne

We are pleased to welcome James Hayward, who has been employed by James Buyer Advocates on a part-time basis, to take a very average Inner Melbourne site (irregular land size of just over 700 sqm, with two older style brick unrenovated buildings) and a very average Inner Melbourne family (arguments, stresses, hope and dreams) and bring them [...]
Many of today’s auctions were about charades, rather than theatre.

Many of today’s auctions were about charades, rather than theatre.

It’s 6.00pm Saturday and the James Clearance rate for $M+ Inner Melbourne was a drifting down 62% on the 34 auctions we covered today, in the second week of our James 100 Auction 3-Week Test. Last week it was 68%. James Bidderman, that is bidders per auction, was 1.6, which continues the significant drop of the last four months and represents around a [...]
Values versus Pricing at the Highest End

Values versus Pricing at the Highest End

Week One: Value is not a number, it is a feeling. Price has no emotion, no conjecture, it’s factual. Price is not value and value is not price. I buy a number of family homes for people –  perhaps more than anybody else in Melbourne, perhaps not – and at some point in the client and buyer advocate discussion [...]
The slowest start since 2012 – but is that bad news?

The slowest start since 2012 – but is that bad news?

  Welcome to our $2m plus auction season opener and the first weekend of our three weekend, James 100 Auctions Market Test; specifically designed to measure the true market temperature of higher end, Inner Melbourne Family Homes. It’s 6.00pm Saturday and the James Clearance rate for $M+ Inner Melbourne was a middle of the road 68% on the 34 Auctions we covered today. James Bidderman, that [...]

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