BY Mal James 22nd February 2020
G’day and welcome to “The Opening Market 2020”. Our first 100 Auction Test for high-end Inner Melbourne homes this year. Week one of our 3-week campaign. The results were pretty clear.
You can see them below and we also kept additional stats at all auctions today, which we have decided not to evidence here as ……. [...]
BY Mal James 16th February 2019
Last week we focussed on buying (and thank you for the emails and texts). This week our Market News’s main focus is buy/sell management (the fastest growing real estate market segment).
Welcome to the early start of Inner Melbourne Top End 2019 auction markets.
We are witnessing the initial rumblings, ahead of the market’s first decent hit-out, which is next Saturday – [...]
BY Mal James 27th October 2018
Its 6pm Saturday, week one of our fourth and final 2018, 3-week 100 Auction, Inner Melbourne Family Home, Market Temperature Test. Try saying that a few times! The results above and supporting data below are self-explanatory.
Yes? No? Maybe?
Have you been to an auction, EOI or off-market lately – is it a bit hit and miss?
Not really. In fact, we [...]
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 11th August 2018
Price has become such an interesting concept in this market.
There feels to be an overall lack of trust and comfort with regards to what price to pay – so whilst many things are different between the market of now (eg still some volcano auctions, 6 bidders sub $2m at 18 Barkly St, Brighton, Alex Schiavo) [...]
BY Mal James 5th May 2018
It’s 6.00 pm on Saturday, the first of 3 weeks in our May 100 Auction test.
It played out to an expected script, with a near cold 63% clearance rate on family homes over $2 million and the James Bidderman is a consistently chilly 1.3 (bidders per auction), on what are relatively low stock levels for a “normal” May. Look at the [...]
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 14th April 2018
The 2018 market has been challenging for buyers & sellers and therefore buying & selling agents. So it was good to have a laugh with the great GERALD on his Vespa – after our client bought in Sorrento on Easter Saturday. Good work as well by the third musketeer – Liz Jensen of Kay and Burton.
Left Field [...]
BY Mal James 7th April 2018
Looking to sell Off-market?
Most people know Mal and Gina at James Buyer Advocates because of the public homes they’ve bought, like
But you never see the many, many private homes they buy quietly and confidentially Off-market.
Lyall St Hawthorn, Black St Brighton, The Ridge Canterbury, Hodgson St Kew, Stanhope St Malvern x 2, Favril St Hampton, Grace [...]
BY Mal James 2nd March 2018
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 [...]
BY Mal James 17th February 2018
There seems little doubt the market has started a lot better than it finished last year.
However, all is still conjecture until the market has spoken over our 3 week James 100 Auction Market Test which will be conducted on Feb 24, March 3, skip long weekend and then March 17th.
Pre Christmas, the market was as flat as [...]
BY Mal James 25th November 2017
End of Year Bumper Edition Contents:
Yesterday’s Rout
2017 Year in Review
Younger People’s compassion and tax problem
Around the Grounds
Scotch College’s curious auction strategy
Emotion v $ when deciding on a home
Transparency
The “Reserve” malaise widens
Ralph Carr and Dustin Martin
Thank you’s
2017 – Top 5 Reads at James Market News
Next Edition
It’s never as good as it seems and it’s never as bad as it [...]
BY Mal James 25th February 2017
Ferocious bidding on the right homes – despite this being the largest auction start to a year in Melbourne auction history – the market lapped it up, spat out a few and said ”feed me, feed me, give me more.”
At 6.00 pm the James Clearance Rate on Inner Melbourne Homes was close enough to 90% – yep [...]
BY Mal James 11th February 2017
JAMES AUCTION REPORT: 29 Rubens Grove, Canterbury – one of the very rare Top End auctions today.
A big crowd of over 130 people gathered on both sides of this street today.
Presiding was our Auctioneer Doug McLaughlin. His preamble described a 1920’s home on 1066 sqm in a family friendly street which has already seen most [...]
BY Mal James 26th November 2016
Welcome to our 2016 Bumper Christmas Edition.
In this, our last article for 2016 – the key to good sex, nothing about that American bloke and a segment on how to get $70,000 for free every year.
Plenty of positives, but apologies we don’t seem to have any fake news!
And to the Inner Melbourne Market.
Wow, what a finish [...]
