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 15th February 2020
The 2 G’s! Gina and Geordie at 17a Nevis Street Camberwell
Is it still plagiarism when you copy your own work.
Please explain the Feb Pep in 2019 2020!
The Feb Pep
Is a positive vibe from increased numbers of refreshed buyers out in the marketplace and it occurs every February. It’s like the first round of the footy [...]
BY Mal James 18th May 2019
Today was the first real market test we have seen since March, as April was a holiday write-off and the auction campaigns had to start from scratch, post-school holidays. The best way to describe today’s market was, interesting.
We were marginally surprised with the strength of today’s result but it’s a small sample and today of all days, [...]
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 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 5th August 2018
Today was the clearest spring buying and selling lessons any us, be we buyer or seller or both, will get before Christmas.
With the auction machine still cranking up its engine, we covered a few spring early bird auctions today – eight Top End auctions in total – summary in the Volcanoes and Ducks graphic above – [...]
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 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 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 22nd April 2017
In James Market News today:
Under Quoting – Only 8 more sleeps to go
Todays auction action
Off Markets
Chris Richardson from Access Economics – Opinion
Big Changes Part 2 – zoning and $700,000 difference on one block
With the Easter break, very few auctions today, most of the activity is off market.
We expect it be the same again next week, before we burst [...]
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 13th September 2014
The Age. Weekly Review, James Buyer Advocates Young Homebuyer series is designed to take homebuyers through the entire homebuying process from the inside. The article series has become the biggest read online series of its type. It has been been published throughout Australia and internationally. It continues on from James Home Ratings – an industry standard in [...]
BY Gina Kantzas 23rd August 2014
Stonnington Snapshot
After last week’s low number of auctions we had 25 auctions to keep a track of this week. The next two Saturdays see 29 and 31 auctions respectively, so activity seems to be heating up. Half the auctions slated for September 13 centre on Armadale and Prahran so that could be a good guide [...]
BY Mal James 8th April 2014
Record Midweek Bayside – Wow!
If ever you were not that sure about the A-grade home market, just attend a WOW auction with a great agent (Kate Strickland). In Bayside last week (Thursday) new records were set for the suburb at 41 Binnie Street, Brighton East (it was a great home and we were unfortunately the under-bidder – [...]
BY Gina Kantzas 16th November 2013
Right now just as a stretching buyer has to ask the question: Am I buying a price or am I buying the property, so all sellers are now being asked that perplexing question by the market: are you selling a property or are you selling a price? Big difference in strategies!
BUT, and it’s a big [...]