T.E.T.

Hello (good?) chaos

Chaos. Results can be a little difficult to predict “Chaos theory is a branch of mathematics focusing on the study of chaos—states of dynamical systems whose apparently-random states of disorder and irregularities are often governed by deterministic laws that are highly sensitive to initial conditions.” (thanks, Wikipedia) Well, it’s good to get that out of …

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Everybody wins!

Now let’s be clear. What’s happening at the top end is that it’s: Booming Tanking Quiet Frenetic And that’s just the weekend. So every expert, every optimist, every pessimist, every Nostradamus is right on the money. Everybody wins! And then a little sense kicks in. At the top end, every home is unique, every trend …

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Markets of One…

There is no single market at the top end. No rows of identical mansions, each on its allotted acre with pool, tennis court, six car garage and eight bedrooms. Here, every home is its own market and every vendor needs to understand that. But, too often, doesn’t. Too often, and too often persuaded by agents …

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The Rite of Spring (encore)

Stravinsky could have written the music. Calm. Storm. Lightning. Thunder. Four and five hands waving and wanting. Wounded under-bidders wandering. Hungry.  Can’t say we didn’t expect it — last April, we predicted it. Now ANZ is joining the parade and predicting a rise of 15% over the next 12 months. Have they been reading our …

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It’s Flipped

Game over. Tigers in a canter. Crowds pour out of the MCG. So where did they all go? To open houses, that’s where. One had 70 groups through on Saturday and another 30 on Sunday. Queuing. People were queueing. Who could have expected the market to flip so quickly? Well, if you’re asking: Us. We …

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No Top At The Top?

It’s not supposed to be like this. Real estate markets have bottoms, middles and tops.  So what has happened to Melbourne’s top end? There’s nothing doing. Just a few old stayers, staying unloved.  Step closer and you’ll catch whiffs of lemon or an aroma of fish — an owner or two big game fishing with …

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