TG

Today’s paper (see below) says the top end is taking a battering. Yes. Well. Told you so. Six months ago. Yet still the conversation deafens among the she’ll-be-righters, the you-just-wait-’til-Spring sayers. [pullquote]”They live in hope.”[/pullquote]They live in hope. Let us take a suburb at random and delve a little deeper. Toorak. Currently there are about […]

The penny has dropped. Explaining how the top end works all depends on your perspective. From one direction it’s chaos, from another everything becomes clear. It’s been making sense to us all year. We’ve been explaining it all year. What we have found impossible to understand are the explanations coming from those who have been

Dear Maybe Vendor, We have buyers. Yes. Really. We understand your problem, truly we do. You are reluctant to sell until you can find something to buy – somewhere that you want to live. Believe us, we know the problem. We know the problem only too well. We are thoroughly sick of the problem. OK.

Anything new on map 58? I wish there was something to report but there is nothing to buy, therefore there is nothing to sell. The market at the top end is the same as we reported it two weeks ago, four weeks ago, six weeks ago! When something, anything, really does happen we will let

Guess what. The top end is as quiet as we’ve seen it in more than 20 years. The silence that ain’t golden. Sign of the times: the number of agents who have abandoned ship for points north. The town is near-deserted. That’s a worry – or should be for their clients. There are agencies which

Just when we thought everyone was heading to the airport with tickets to places warmer, the bears emerged. Ready for one last meal before winter hibernation. [pullquote]… suddenly the prices have been righter …[/pullquote]Bears? They’re only seen when the price is right – and suddenly the prices have been righter than they have been for

And now, the end is near – of the financial year, that is. OK, there are still 26 days to run, but at the top end there’s precious little left to run with. Time to trot out Auld Lang Syne? Yes. But. [pullquote]The times they are a changing.[/pullquote]The times they are a changing. Time was

You’ve heard it, we’ve heard it: crowds of ex-pats being sardined into jumbos, coming home from points North along with mainland Chinese to buy all that top end property we locals can’t afford. Really? [pullquote] …we’d better check it out.”[/pullquote]Thought we’d better check it out. Climbed onto a plane and headed to HK (and Damian

Listen … Silence. It’s all around us. Silence. [pullquote]… not even an echo.”[/pullquote]First comes the expressions-of-interest campaign, followed by … not even an echo. Nothing. No agent chest-thumping. No shouting it’s all joy again. Nothing. Either the sale has not been made or it’s at a price the agent would rather not admit to. All

Fear and greed have long been given the honours as the great drivers of the stock market and they’re probably at work in just about any market you can name. But the real estate market … The real estate market dances not only to its own drum, but to its own orchestra. [pullquote]To fear and