BY Mal James 16th May 2020
How was your week? To be frank, I have really liked a lot about our Covid-19 time. There has been more time, my mind is clearer and my focus more meaningful. Relationships for me are better and I love my work even more.
Executive Summary
Its 6.00 pm Saturday – what a week
Street Auctions are back
Marketnews Multi [...]
BY Mal James 29th February 2020
What a difference a week makes and who can figure – go figure.
Last week the Inner Melbourne Clearance Rate was 59%. This week, after the biggest economic fall since the GFC, it’s 81%.
Bidderman has gone up from 1.6 to 1.8 on 42 auctions.
Volcanoes have doubled to 20% (last week 10%) and ducks have halved to [...]
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 7th September 2019
Today was the second week of the 3-week 100 Auction test and what we saw in the strongest way was the return of the Volcano and the effect it has on the overall psyche of the market.
From the 31 Auctions we covered today 8 or 25% were Volcanoes – meaning 4 or more bidders.
It’s these [...]
BY Mal James 10th August 2019
Well, did you have a good break – we did, thanks for asking!
First big stats and market reads will come at the end of this month, when we begin the Spring 100 Auction Test. Today is a Marketnews Lite – no D&M’s, no stats – just easing ourselves into Spring and looking forward to it.
Auction [...]
BY Mal James 1st June 2019
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. [...]
BY Mal James 25th May 2019
At 6.00 pm in our second week of the May 100 Auction Test, we see the good news from last week is continuing.
In fact, the weeks either side of the election have been the two most positive auction weeks outside the Feb Pep.
Evidence – clearance rates are on the improve and the hammer rate (homes [...]
BY Mal James 2nd March 2019
Everest
As you read this, I am preparing to go to Everest. The Himalayas are a life long dream.
I think I understand the risks, which include death.
Training, equipment and medicines tick, tick and tick.
And choosing a guide – that was my most rigorous selection process. Whilst there is an element of luck, I want to avoid whatever serious [...]
BY Mal James 25th November 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 [...]
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 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 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 18th November 2017
Contents
1. Hammer Watch – Quoting / Underquoting
2. Final Word on The Block and “Dummy Bidding”
3. Inside James – Bumper 5 Stories this week:
Don’t buy it – better a missed opportunity than a mistake
Build family wealth over individual wealth
Handing back a fee to a client – and it hurt – hurt a lot.
Pricing Heritage – pricing covenants [...]
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 [...]
