We’re back to lack of choice, leavened by an occasional outbreak of the erratic. For many patients the best we can counsel is … patience (sorry). Have a cup of tea and an aspirin and a nice lie down until the impatience passes. Or risk an outbreak of the irrational, as seen at 19 Grange […]
realAs is an app and website which buyers can use to do a lot of what we do. It should. It’s based on methods Morrell and Koren has developed over the past 20 years. The app was David’s idea and he is one of the founding partners of the company which developed it. It’s something he
The App That (almost) Does What We Do Read More »
Amid the top end’s usual cacophony of victories and defeats, braggings and belittlings, there are signs of a healthy trend emerging. Buyers are standing up and saying they’re not going to take it any more. They’re putting offers on the table and then standing pat. Meet it — or keep it and we’ll look elsewhere.
Meet It Or Keep It Read More »
The agents have come home from far and wide, filled with tales of the hell of luxury resorts from Asia to Europe to the Excited States. Along with dropping the kids off at school, it’s among the punishments they must endure. Back at last, they seat themselves at the table, ready to dine long and
Slim Pickings On The Table Read More »
The weather (you may have noticed this) has finally caught up with the calendar. The agents have departed for appointments with glasses of the mysterious served under cute umbrellas, schools have emptied and a great deal of not very much is predicted for weeks to come. And all those outstanding Expressions of Interest attempts? Get out
Where have all the deals gone? Last week saw Expressions of Interest closing here, there and everywhere, resulting in… Silence, mostly. Hardly a peep from the agents and rarely a SOLD sign to be seen. Those which we closed were almost all behind closed doors and that’s the way they must remain; but the rest
It’s problematic to generalise about where markets are heading. In real estate, especially at the top end when rarity becomes a factor, there are markets within markets. Over recent weeks — coinciding with Melbourne’s record-breaking Indian Summer — a Summer-like market has continued well into Autumn. Volumes usually unheard of at this time of year,
A change in the weather? Read More »
Life at the top end has rarely been more interesting (OK, unpredictable), but all the arguments eventually turn around the single constant: It’s the money. Supply, demand, vendors, buyers, agents, expats, OS interest, the budget, the interest rates, who got out on the right side of the bed, whether the lawn was mowed, the weather,
It’s about the money … Read More »
If every sale was taken as an indication of a trend there would be an awful lot of changes in direction out there. We’re seeing a lot which are running wide of expectations: both over and under. The message at the top end? Volatility is high. And that often precedes a market which is about
Volatility. Meaning? Read More »
Easter came, Easter went and suddenly it was like the drinks were on the house in the pub with no beer. The bar was chokkas. Where the choice had been a couple of tired lemons, there was at last reason for some excitement. At $4-5 million, for instance, there were seven on offer: two AAA’s
A change in the weather Read More »