TG

So much in the current market seems to come down to the toss of a coin. The luck of the draw. The timing. Or that’s the talk. The entrails of chickens would make as much sense as some of the soothsayers out there. Yet there are forces at work which can be read: Sentiment, rarity, […]

5 selling weeks ’til Santa shows up. Panic, anyone? A couple of Mr Gillespie’s piles have sold well. As expected: 6 Washington Street 647 Orrong Road One agency is kicking goals. Better operators? Better stock? There are as many people as we have seen in a long time ready to part with $4-10 million or

Spring Carnival. As always a great deal of money is changing hands – including some at those places where horses are raced. And, as always, before reaching for your cheque book it is prudent to refer to some of the world’s pre-eminent authorities on daylight robbery. The Marx Brothers: Punters, bookies, jockeys and horses. One

The streets are alive with the sounds of estate agents murdering Happy Days Are Here Again. Just listen to the din. Everything is up, up, up. (And already there’s talk that it’s all happening too fast and can’t last.) Meanwhile, the top end is as usual singing its own song. Or songs. There are vendors

There has been little worthy of report happening at the top end; so we won’t waste your time. Things are looking like they’ll be more interesting over the next week. We’ll be back then.

It’s on. The estate agents of the land are out practising their duck calls. [youtube=http://www.youtube.com/watch?v=DeWMHqyEbek&w=320&h=240] Ducks? Wood ducks. The industry’s term for buyers who can be bagged without a shot being fired. Today’s calls sound just like: “The boom is back! Buy now before prices rise above ceilings!” And, yes, there have been sales over

Election. Tick. Footy Finals. Not yet. School hols. Not over. Property boom. What? Guess what: Those who would profit from a property boom seem to have found one. They’re shouting from the rooftops: It’s on again! Yes, we’re seeing a fair bit going on off-market but at the top end there’s hardly a call for

Spring has sprung, the grass is riz, but at the top end we’re still wondering where the vendors is. (And apologies to Anon.) Yes, buyers are blooming, but choice properties to buy are still thin on the ground. Those with homes they may be thinking about selling are like penguins nearing the beach — no-one

When is a bubble not a bubble? We’re hearing it shouted from the roof-tops of some top-end agents: “The good times are back!” “Or nearly back!” “Or will be along on the next bus!” At the top end, we’re not seeing that in transactions. Is this the bubble you have when it’s all in the

There’s no ‘one’ market; and no single influence that decides it. At times it seems every property writes its own rules. So, herewith some trends we’re seeing: it’s taking longer to do the deal – yes, price is still the usual sticking point (some agents are still living 10% and more above reality) and there