BY Gina Kantzas 17th September 2016
Rock solid… Prices have flattened out over the past 12 months, which means buyers and sellers have a stable environment to transact at the moment. Tim Heavyside
I reckon the market is patchy. There is a nervousness about it. A bit like the start of a marathon race. Buyers are lining up ready to go but are [...]
BY Mal James 19th August 2016
At 6pm the James $M+ Auction Clearance Rate was 83% on the 29 auctions we reported and bid on today.
James Bidderman continues to be very strong at 2.8 bidders per auction. The homes today seemed to be either bought before or under the hammer with volcanic bidding (4+ bidders).
In fact just on 50% of the auctions we reported [...]
BY Mal James 13th August 2016
What is starting to interest us, is the real change in what young people are looking for.
Young people are The New Downsizers – even before they’ve upsized.
Young people are the new downsizers in expectations, in mortgage commitments – $2m or $3m mortgages for many, are neither desirable nor manageable.
Many in the younger generation want to travel, [...]
BY Mal James 7th August 2016
(Our three part series from Market Insight July/August 2016)
In the beginning:
So you’ve heard about a whisper, a rumour, on the quiet just for you – nobody else knows and its come straight from your new “bestest” friend. Two of the above off markets started exactly like that for us, which we took to the client [...]
BY Mal James 6th August 2016
At 6.00 pm today the Melbourne market of late Winter has made a strong statement, with a James $M+ Clearance Rate of 88% and Bidderman a whopping 3 bidders per auction on the 25 auctions, we bid at or reported on today.
The Inner market has started out of the blocks in a hurry – based in part, on [...]
BY Mal James 30th July 2016
Hello and welcome back to James Buyer Advocates Marketnews.
A few auctions of note today on very small numbers as the market awakes from its traditional Winter auction slumber. We have covered 19 in our reporting; Bidderman was 2.4 bidders per auction and the $M+ James Clearance rate was 74% – even though a small sample, we think it’s an [...]
BY Mal James 7th May 2016
Today is a special report – we decided to focus on B and C graders and see how the market viewed them. While not all homes in our reports are B or C graders, there is a greater skew than normal to B and C grade homes in our stats.
WOW you are saying, but WOW I’m [...]
BY Mal James 1st May 2016
The BIG question for the next two months before the July winter hiatus is………Price.
Will seller expectations match buyer expectations?
At auctions the answer appears to be a yes, but away from auctions (off markets) we are not so sure.
In our opinion, most market inaction away from auctions is due to sellers.
There is no doubt there are [...]
BY Mal James 5th March 2016
2016’s Opening Market is …..drum roll … Pumping…….Strong …….Rocking. There’s no doubt and no other way to really describe it. We’ve had three big auction weekends in a row, with today a virtual Super Saturday and the market has spoken.
2016 has started with a real bang. The only difference between 2016 and 2015 is the [...]
BY Mal James 31st January 2016
Welcome back to James Buyers Agents and Advocates 2016. We have started James Market News a little earlier than planned because we are experiencing solid market interest right here and now in January.
SOLID START
We have already been involved in substantial buys and sells this year (2016) and currently have seven homes in negotiation; with a [...]
BY Mal James 21st November 2015
Special Edition – James International Demand Report for Inner Melbourne $M+ housing
Today we have ditched our across Melbourne auction coverage and focused on assessing the change (if any) to International Demand within the Melbourne Property Market.
James Bidderman, Bayside, Stonnington and clearance rates have been sidelined, so as we could focus almost all our resources on assessing [...]
BY Mal James 10th October 2015
The market continues to rock along (increase in Bidderman to 2.8). Look at the volcanoes today and we are coming into two huge weekends of action. Bidderman is defying gravity, by actually rising in a stock increasing market. However, lets see how Bidderman the Superhero goes next week and Super Saturday the following week.
Speaking of stock [...]
BY Mal James 6th September 2015
The Chinese Phenomenon – Case Studies
References:
1) Here is a link to a sample of 500 (Five hundred) homes we have bought recently – you decide if we are qualified to make the comments we are making http://www.james.net.au/homeratings/houses_bought.php?token=LJbnmFauW3
2) Here is a link to the 5000 (Five thousand) auctions we have reported on – you decide if we [...]
BY Mal James 2nd August 2015
At James Buyer Advocates we update our land guides in each Suburb precinct and often streets as new information comes in (usually weekly as we are valuing in most precincts on a weekly basis).
Each land sale or partial land sale is considered by James Buyer Advocates for:
1) Number of bidders
2) Block characteristics
3) Position
4) Additional unusual known [...]
