Archive for the ‘Ewan’s Blog’ Category

Take each day…

It’s not hard to understand why a strong market is exciting for our team. We are busy. Very busy. But with every booming market comes the inevitable speculation and hyperventilation about when it will end. Sigh. Will we never learn? As we emerge from lockdowns and start adjusting to the new world of living with COVID it’s going to be interesting to see where we revert to previous patterns. What have we learnt to do differently during COVID that will endure beyond lockdowns? A key thing for me has been the reality that even the most carefully considered, cautious plans can come... View article »
Posted in Ewan's Blog on 27th October, 2021

So good

It’s so good to be back. So good. We did manage to work within the lockdown restrictions to provide our clients with a level of service they have come to expect from our team, but it’s so good to have the ability to again meet and support our clients in person. In my opinion real estate is about people as much as it is property, and that personal connection is vital regardless of whether the market is going gangbusters or not. At Morton, we consider ourselves to be Property Specialists. So, what makes us specialists?  We know property. We understand property values. We know how to... View article »
Posted in Ewan's Blog on 20th October, 2021

It’s happening

Yep. It’s happening. We’ve all learnt the hard way that it’s risky trying to predict anything while the world is enduring a pandemic but despite that risk, I did feel things were looking promising for the residential property market in the lead up to restrictions easing. So, I’m pleased for many reasons to see that promise coming to fruition if the numbers delivered by our team in September are anything to go by. I’ve been incredibly proud of the work ethic and resilience shown by the Morton sales team. The last few months have been tough, as I know they have been for... View article »
Posted in Ewan's Blog on 13th October, 2021

Excitement is building

I’d prefer not to buy into the hype but it’s hard to ignore the excitement that’s building. After months where it has been hard to distinguish one day from the next, it really does feel like something is about to happen. I’m not talking about politics; I’m not even talking about the easing of restrictions. I’m talking about property! The latest data from CoreLogic shows residential property prices in Sydney have grown by 23.6% in the last twelve months, including a sizeable 1.9% growth in the last month alone. Now to be clear the CoreLogic data shows that monthly growth is down from a... View article »
Posted in Ewan's Blog on 7th October, 2021

Getting ready

As a way of keeping our team motivated and engaged throughout lockdown, we have been running a daily step challenge. It’s been a great way to productively utilise spare time while socialising has been restricted and to get prepared and ready for Summer. Interestingly I think many of our clients have been doing the same thing in terms of their residential property goals. They’re getting ready, and that is exciting.) The team at Morton have spent a lot of time on the phone over the last few months. We’ve been doing what we always do in fielding calls from prospective purchasers and vendors,... View article »
Posted in Ewan's Blog on 29th September, 2021

Bubble Blast

It’s not something you might expect to hear from anyone in the real estate profession, but it’s been so good to hear the positivity around talk of bubbles this week! Of course, I’m referring to COVID-safe bubbles rather than the property version and while I don’t really want to ignite the discussion it has been interesting to note the lack of focus on a possible property bubble. Residential property values continue to rise across Sydney which is great news for homeowners and investors. The Morton team of sales agents are securing strong prices for clients in suburbs including Penrith, the CBD, Pyrmont,... View article »
Posted in Ewan's Blog on 22nd September, 2021

The risk…

I’m starting to think there is a real risk of staying determinedly ‘on message’ which is that people stop hearing what you are saying. It’s a bit like ‘crying wolf’ but sadly it’s evident even if what is being communicated is based on truth. And I think that’s a risk we might be facing across the residential property market. People might stop listening. I get it. Hearing the same thing over and over can be tedious. It becomes white noise. It’s there but not penetrating. The words lose impact. Hopefully, that’s not what will happen with the message around vaccination and... View article »
Posted in Ewan's Blog on 15th September, 2021

How long can it last?

Back in April this year I speculated on when we could anticipate a possible easing of the extraordinary market intensity that was evident at the time. Five months on, nearly two months into a lockdown and still a large majority of my conversations with clients revolve around exactly the same question. How long can it last? There is no doubting the sustained strength of the residential property market despite the economic and social impacts of the pandemic. The growth in home values over the last twelve months in Sydney is now at 20.9%. Over the last three months to the end of August, even... View article »
Posted in Ewan's Blog on 8th September, 2021

We’ve got this…

I spoke to our team this week about the importance of finding and articulating positivity despite the challenges we’re all facing. It is therefore incredibly encouraging to recognise a common theme in what I’m seeing around me and what I’m seeing in the market.  And that is resilience.  It makes me feel positive that we’ve got this. It’s perhaps a little risky to announce ‘we’ve got this’. No, I’m not talking about COVID infection, rather I’m talking about the positivity and can-do attitude that I am increasingly seeing around me. It is so encouraging. And whilst I recognise that it might be... View article »
Posted in Ewan's Blog on 1st September, 2021

Revealing the value

With the restrictions in place around Sydney at the moment we are focused more than ever before on what lies within our local communities. Perhaps a silver lining of lockdown is that we’re all coming to appreciate the gems we might not otherwise have discovered in our local area. It’s in times like these we see the true value of community but surprisingly it is often undervalued in terms of residential real estate. As it feels like the walls are closing in around us in our homes a little more each day the need to get outside and explore, within our... View article »
Posted in Ewan's Blog on 26th August, 2021