BY Mal James 16th May 2020
Continued from Marketnews article
At first, it’s a little tricky to understand as Community Heritage is a great concept and we support it BUT the “heritage industry” in its quest, has come up with an additional and coincidentally great fee-paying concept, called Individual Heritage Orders (IHOs) which is not about community spaces, it’s about private homes.
IHO’s [...]
BY Mal James 4th April 2020
It’s 6.00 pm on Saturday, 4th April and this week the isolation has given me the ability to have longer, more in-depth and focused conversations with some of the many people I respect in our industry.
It has also given the ability for some to wind down and reflect before (re)setting a course after Easter.
At the [...]
BY Mal James 8th September 2018
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%) [...]
BY Mal James 24th July 2018
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 [...]
BY Mal James 28th April 2018
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 [...]
BY Mal James 21st April 2018
At James Buyer Advocates we are looking to help younger homebuyers where we can.
We now believe in a PAUSE in rapid population growth through immigration (family reunions excepted) from 2020 to 2025/2030?
Why? We would like to see our community have a discussion and consider infrastructure solutions to better house our young people, who already live here.
When our community thinks it’s right to [...]
BY Mal James 5th March 2018
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 [...]
BY Mal James 3rd March 2018
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 [...]
BY Mal James 28th October 2017
STOP PRESS 9.00PM SUNDAY NIGHT
Congrats to Josh and Elyse, great win on The Block and well done to all the other contestants.
I like watching The Block Grand Finale normally – but
Are you serious Scott, CAV, Frank and Nicole?
Was I watching a real show or Hollywood (where there are no rules)?
If there are no rules, what [...]
BY Mal James 17th September 2017
Stonnington’s own residents are being heavily impacted by Stonnington’s “one-off, one-out (random)” Heritage Strategy.
It’s the “one-off, one-out” that is the key.
It’s the implementation of strategy, not the overall policy, that is hurting the Stonnington Community.
Welcome to the third of three articles on a Heritage War happening in your neighbourhood.
Your real enemy is your council’s Heritage Strategy; not [...]
BY Mal James 9th September 2017
Spring Summary: To say the market is as strong as six months ago, or this time last year, would be a wrong call.
As an across the board statement, it would be the wrong call, to state or assume the overall Inner Melbourne Family Home market is definitely on the way down, as there is still no [...]
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 29th April 2017
It was a quiet-ish day today on market – off market is a different story – the auction biggies for May starting in numbers the week after next.
At that time we will be focusing on James Bidderman (for any movement in demand) and any drop off from overseas buyers.
Has all the talk of late begun to bite?
This [...]
BY Mal James 12th April 2017
Welcome to Part 1, of the James Big 3 Reports on the changes in the $2M+ inner Melbourne market. In Part 1, we discuss the first change, under quoting.
Parts 2 and 3 will be published in the coming weeks.
On May 1st 2017, we will hopefully be entering a new era; one that will make our [...]
BY James Buyer Advocates 1st April 2017
It’s James Market News Lite on this special day, today.
Today it was hard to believe what we saw, all over the Inner Melbourne auction scene.
It was incredible.
Overseas bidders from China were not actually putting offers in on homes, without FIRB approval and a number of negative gearing buyers who owned between 10 and 20 homes, had decided to [...]