No news
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.
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
Bubble, meet prick. Read More »
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
Signs of the times Read More »
The top end is (surprise!) not like the other end. Or like the middle. Homes are bought and sold more out of want than need. Every home a Market of One – trends seen further down don’t count for much here. (If you have six bedrooms and more bathrooms than can be cleaned in a
What’s up? No more than you’ll read here. No inside stories there. What’s really happening? School hols.
New news? Old news. Read More »
We’ve been saying it all year: the top end is going underground. Off-market. Out of sight. When you’re looking above $3 million you are less and less likely to find what you are looking for among estate agents’ listings. And the higher you go, the lower your chances. The Fin Review reported on it today
Agent suggests a price. Offer is made. Vendor refuses. Sacks agent. Vendor starts the process again. And again. Especially in EOI’s. Or spits the dummy and gets the tenants in. Agents can be partly at fault by suggesting realistic prices to would-be buyers in the hope they’ll then be able to persuade their vendors that
The dizzy heights of nothing doing Read More »