BY Mal James 25th April 2020
Executive Summary: Improve our economic situation immediately at NO ADDITIONAL COST to governments through a property market improvement.
3 key components of actionable demand, as opposed to underlying demand where friction and barriers lie:
Belief,
Trust and
Money
3 property market lubricants – the WD-40 if you like – that will reduce friction/barriers thereby encouraging underlying demand to move to [...]
BY Mal James 19th September 2019
Opinion
This is a response to Kristin Stegley’s (The Age Sep 17th) and the Age editor’s (Sep 3rd) articles. I respect their positions and I respect the opinions expressed.
However, I do not support The National Trust and Melbourne Metro Council’s heritage protection orders going onto on individual homes if the owner is in disagreement.
Background
What is [...]
BY Mal James 12th August 2017
Let’s look at Underquoting and Patrick Dangerfield – both have been in the news lately.
This week I read an article, it was on underquoting. It worried me where it was going – it read like a showbiz article and not like what we have been seeing with Underquoting since May.
We are seeing that agents have collectively, made massive [...]
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 19th March 2016
At 6 pm the James Clearance Rate was 73% on the 30 auctions we covered. Bidderman dipped to 2 bidders per auction. With a lot of stock on offer, we interpret these stats as a hiccup, more so than a radical change – but nonetheless a change could be on – see our references to B and C graders [...]
BY Mal James 16th May 2015
James now Smartphone Optimised for easier reading – click horizontal bars top left hand corner of Iphone
$1 million dollars more: So what do you do when across the road – same land size and same house sells late in 2014 for $1,900,000 – why you pay $1 million dollars more when Asian buyers duke it out to [...]
BY Mal James 18th April 2015
At 6.00 pm on Saturday, the James Clearance Rate for Melbourne’s $M+ property was 72% on the 18 auctions we covered. James Bidderman, our bidders per auction measurement was 3.1.
Market Summary – Market News Lite Version
There have been auction interruptions all April due to three of the four Saturdays being attached to holidays – two past with Easter [...]
BY Mal James 25th October 2014
Week Ending Saturday, October 25
James Buyer Advocates are busy:
Number of auction homes involved in buying this week was well into double figures.
Our mid week activity securing homes BEFORE AUCTION for clients was intense. At the time of writing we had bought before in Toorak (Michael Armstrong), Mont Albert North (Mark Read) and Glen Iris (Paul [...]
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 9th August 2014
At 6.00 pm on Saturday, the James Clearance Rate for Melbourne’s $M+ property was 79% on the 29 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 2.1. Another strong result. We are still on low auction stock, but there is still a reasonable amount of oomph in the [...]
BY Mal James 22nd June 2014
Week Ending Saturday, June 21
As we head into the winter break, it’s worth reflecting on how the market has performed so far this year. What we saw this weekend was a continuation of an extraordinarily up and down year. We’ve had a slew of Super Saturdays, weekends when it looked like the market had gone [...]
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 Mal James 30th March 2014
Saturday, March 29:
Market Summary
2014 is still motoring very strongly – the lull which we reported of the last few weeks seems to have been nothing more than the next tread (flatter spot) in the rising price staircase which begun in October 2012 and continues now.
This weekend was another Super Saturday with over 150 Auctions in [...]
BY James Buyer Advocates 30th November 2013
It’s been an interesting year in the Inner North, especially in the second half of the year following in the traditional mid-year hiatus. This year had the Federal Election added in to the mix, and this played on the minds of potential sellers as they held out for a political outcome before listing. All the [...]
BY Mal James 19th September 2013
The first week of September was all about the Federal Election. Auction activity returned to full swing on September 14. There were four auctions in Melbourne over $3m. See details below.
Week Ending September 14, 2013
Biggest Auctions:
Toorak, 10 Yarradale Road, Tim Derham (Abercromby’s), under hammer, $4,840,000, 4 bidders
80 or so are comfortably gathered in the backyard [...]
