oc | Monday 19th April

Market News » Hampton


They are Back!

They are Back!
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 [...]
Opening Market 2020 – second surprise

Opening Market 2020 – second surprise

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 [...]
Opening Market 2020 – first results surprise

Opening Market 2020 – first results surprise

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 ……. [...]
The Volcano is back and the psyche has changed!

The Volcano is back and the psyche has changed!

  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 [...]
Auction Market back from Winter

Auction Market back from Winter

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 [...]
What are we certain about this Winter?

What are we certain about this Winter?

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. [...]
Are we all feeling better now?

Are we all feeling better now?

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 [...]
Is the market a dangerous place?

Is the market a dangerous place?

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 [...]
The lesson(s) of 2018

The lesson(s) of 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 [...]
Big picture bleak, closer examination brighter!

Big picture bleak, closer examination brighter!

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 [...]
It’s official, we have a new No. 1!

It’s official, we have a new No. 1!

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%) [...]
Is now a good time? 6% bought under the hammer today!

Is now a good time? 6% bought under the hammer today!

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 [...]
Looking to sell Off-market

Looking to sell Off-market

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 [...]
“Dummy Bidding” and the Current Market

“Dummy Bidding” and the Current Market

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 [...]
Let’s face a home truth – the elephant in the room – population

Let’s face a home truth – the elephant in the room – population

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 [...]

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