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A Week of Reflection and Action for Buyers and Sellers

A Week of Reflection and Action for Buyers and Sellers
At 5pm Saturday, the Auction Clearance Rate of James Attended Auctions was 38%. Nothing new here; but the market does have a slight sense of upbeatedness (if there is such a word), as a number of long-running deals and expressions of interest were concluded during the week. 4 Deepdene Place Balwyn – good [...]
Caution and uncertainty

Caution and uncertainty

This week has seen a continuation of the market that buyers and sellers have witnessed for the last month or so, one of caution and uncertainty. This weekend saw the continuing trend of around 50% of (million dollar plus) homes selling at auction. The number of bidders is usually one or [...]
There continues to be very little quality stock offered in the million dollar plus end of the market as sellers who have had the sell (ie must meet the market) have sold.

There continues to be very little quality stock offered in the million dollar plus end of the market as sellers who have had the sell (ie must meet the market) have sold.

The significant drop in prices during March and April forced many potential buyers and sellers to re-evaluate their needs. Those reassessments resulted in inaction now being evidenced by the small numbers the market is seeing on offer. Winter is traditionally a quieter time, we all feel like [...]
The Market August 2006

The Market August 2006

Some Of What We Have Bought Here are some of the properties we have bought in the last few months: Hampton – Family home in Margarita St. (see picture below) Portsea – Beach house in Franklin Rd. Camberwell – Townhouse in Cornell St. (see picture below) Hampton – Beachfront property on Beach Rd. Port Melbourne – [...]

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