Archive for June, 2010

No rest for Bayside

Monday, June 28th, 2010

Even with the start of school holidays, Bayside activity continues; reduced auction numbers prompting its highest percentage clearance rate in many weeks, despite seriously winter weather. It is becoming more and more obvious that the recent slide in clearance rates across Melbourne, and in Bayside in particular, has not been created by The European Debt [...]

Belly flop with crossed fingers.

Monday, June 21st, 2010

When our market dives, it does it with style. Yes, there was a record number of properties on offer, but at the top end that led directly to what was almost certainly a record number of pass-ins. What did that look like? Look no further (and any resemblance to any real estate agents of this [...]

Party like it’s 2008!

Monday, June 7th, 2010

Along with, at last count, 384 cities around the world, Melbourne claims to be the one which can offer four seasons in a day. That’s nothing. Look at our real estate. Changeable? We define it. In two months the clock has been wound back two years*. It’s buyers’ time again. What’s going on? We have [...]