How has the property buying scene changed in the last three weeks?

Monday Minute

Our crazy ol’ market has indeed copped some changes in a short period of time. It’s hard to believe the sales that we were involved in from February to mid-May now that we’ve had two solid weekends of tough auction competition, fast-paced and competitive negotiations, and extraordinarily well-attended open for inspections. What do people point…

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A (Satur-)day in the life of an Advocate

Christoper 2

It’s never a dull day on a Saturday for us, but this weekend was life in technicolour for both of us. With a renewed level of energy and optimism, it was no surprise for Amy and I to see the auction clearance rate was immediately into the mid-sixties for Melbourne when the 7pm notification came…

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Could have these buys timed the trough of the market?

Beavers2

In the wake of the election shock result, APRA’s recommendation to ease lender’s servicing buffers, and talk of further incentives for First Home Buyers, it should come as little shock to those watching Melbourne’s property market that a fresh sense of optimism now circles our market. The past two months in particular have been plagued…

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Sex-and-the-city Buyers

Carrie 2

Amidst the crazy election furor, annoying political ads and badly-thought-out vote grabs, one of the latest knee-jerk ideas of our politicians is to assist a limited number of eligible first home buyers into the market with a handy additional 15% deposit guarantee. What does this mean for buyers? It means that those who haven’t saved…

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