oc | Sunday 5th April

Market News » Property


We’ve got No Trumps today

We’ve got No Trumps today
Its 6.00pm Saturday and the James Clearance rate for $M+ Inner Melbourne is 88% on the 26 Auctions we covered today. James Bidderman, that is, bidders per auction, is 2.8. Super Strong. Big numbers of bought befores and look at the Volcanoes 48%. That means every second auction had 4 or more bidders and how about this; there were 15 bidders [...]
Have you been Powerlifted today?

Have you been Powerlifted today?

Its 6.00pm Saturday and the James Clearance rate for $M+ Inner Melbourne was 74% on the 31 Auctions we covered today – the same as last week. James Bidderman, that is bidders per auction, was 2.2 bidders per auction – the same as last week. Two things we saw today 1. Some huge Powerlifting of prices at post auction pass-ins – [...]
The Market is not all about the Auction

The Market is not all about the Auction

Its 6.00pm Saturday and the James Clearance rate for $M+ Inner Melbourne was 74% on the 23 Auctions we covered today – solid. James Bidderman, that is bidders per auction, was 2.3 bidders per auction – also a solid number. Interesting to note the spread across the board, at the Top End, was fairly even between ducks/lone rangers, norms and [...]
More strategic pass-ins and bought afters today

More strategic pass-ins and bought afters today

At 6.00pm Saturday, the James Million $+ Inner Melbourne Clearance rate was 85% – with a noticeable difference of more pass-ins and bought after’s. It’s safe to say, that in some cases, these were strategic pass-ins to a bidder which agents had singled out for special treatment. We say that, because Bidderman was still a healthy 2.55 [...]
July has been fairly busy away from the auctions!

July has been fairly busy away from the auctions!

Hello and welcome back to James Buyer Advocates Marketnews. A few auctions of note today on very small numbers as the market awakes from its traditional Winter auction slumber.  We have covered 19 in our reporting; Bidderman was 2.4 bidders per auction and the $M+ James Clearance rate was 74% – even though a small sample, we think it’s an [...]
2016’s Opening Market is (…..drum roll)

2016’s Opening Market is (…..drum roll)

2016’s Opening Market is …..drum roll … Pumping…….Strong …….Rocking. There’s no doubt and no other way to really describe it. We’ve had three big auction weekends in a row, with today a virtual Super Saturday and the market has spoken. 2016 has started with a real bang. The only difference between 2016 and 2015 is the [...]
G’day 2016!  The Peninsula, Melbourne OFI’s and James has started more positively than the newspaper headlines.

G’day 2016! The Peninsula, Melbourne OFI’s and James has started more positively than the newspaper headlines.

Welcome back to James Buyers Agents and Advocates 2016. We have started James Market News a little earlier than planned because we are experiencing solid market interest right here and now in January. SOLID START We have already been involved in substantial buys and sells this year (2016) and currently have seven homes in negotiation; with a [...]
Started 2015 like a runaway train – finished 2015 like an express

Started 2015 like a runaway train – finished 2015 like an express

We started 2015 like a runaway train. I remember vividly giving advice on a Kooyongkoot Road property – All I did for three weeks before the auction was apologise to our client as I revised our price estimates up 5%, then another 10% and finally another 10%. The home that in December 2014 I thought would nudge $4,000,000 if [...]
Balwyn Calling – International Asian Demand showing the real signs of easing!

Balwyn Calling – International Asian Demand showing the real signs of easing!

Special Edition – James International Demand Report for Inner Melbourne $M+ housing Today we have ditched our across Melbourne auction coverage and focused on assessing the change (if any) to International Demand within the Melbourne Property Market. James Bidderman, Bayside, Stonnington and clearance rates have been sidelined, so as we could focus almost all our resources on assessing [...]
News of my death may be greatly exaggerated

News of my death may be greatly exaggerated

The market is not as bullish, as urgent, or as downright insane as it was from February to May, even June of this year. Is this really a true statement? In many cases we are 20% above the start of the year. Is the market’s outward intensity less about dollars and bidding and more about that, we [...]
In a nutshell the Super Saturday market was a little unconvincing today.

In a nutshell the Super Saturday market was a little unconvincing today.

It is important to note that we deliberately focused on the high-end today, as it is the canary in the gold mine. The Top End is where you will see the change (if any) first, as this current market is a Top End driven market. The Top End traditionally has the least depth of any [...]
It’s good to know our stockmarket experts can predict the future property market so accurately. Phew!

It’s good to know our stockmarket experts can predict the future property market so accurately. Phew!

Understand the effect “Chinese Buyers” have on your market and learn strategies to deal with it

Understand the effect “Chinese Buyers” have on your market and learn strategies to deal with it

    The Chinese Phenomenon – Case Studies References: 1) Here is a link to a sample of 500 (Five hundred) homes we have bought recently – you decide if we are qualified to make the comments we are making http://www.james.net.au/homeratings/houses_bought.php?token=LJbnmFauW3 2) Here is a link to the 5000 (Five thousand) auctions we have reported on – you decide if we [...]
Since we last spoke before Winter – little has changed in the $3m+ market

Since we last spoke before Winter – little has changed in the $3m+ market

$3m+ is James Buyer Advocates bread and butter. We find the $3m+ market is normally a lot looser than the $1m+ market; meaning results vary more widely. This occurs for two key reasons: 1. Sellers have more flex on whether they will sell or not and often demand big prices and just wait – sometimes they [...]
The Rise of the Duck

The Rise of the Duck

Hey, just when you started to think it was getting boring – you may, just may be in for a surprise over the next few weeks. So what happened this week? 1. Some buyers were still getting smashed by a strong Bidderman on the A-graders (Price, Property or Position) 2. Some buyers paid big numbers on some pass-ins – surely not [...]

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