Posts Tagged ‘investment’

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

Keeping Track

It’s amazing to think how we have adapted to living with COVID. It’s not fun or convenient but wearing masks and checking-in are part of the new normal. They’re an important way we can take some control in these times when it feels like so many things are out of control. And it’s interesting to see that our clients are looking to do the same thing in terms of their finances and investments. During the lockdown last year people shared ways they were passing the days and finding positivity and opportunity whilst activity and mobility was limited. Some started learning a new language,... View article »
Posted in Ewan's Blog on 18th August, 2021

In the zone…

Does anyone else feel like we’re living in a twilight zone? Days endlessly blending into each other with nowhere to go and no end in sight. It’s tough, but even in this environment, our clients are still looking to the future. They still making plans and doing deals. It is fair to say that lockdown has put somewhat of a dampener on the quantity of queries being received by the Morton team across both sales and property management, however before you panic, let me stress that isn’t automatically a reason to despair. The fact is the QUALITY of the queries being fielded... View article »
Posted in Ewan's Blog on 11th August, 2021

Groundhog Day

This time it somehow feels harder. We know what to do. We know how to do it. We know we can do it. But somehow that doesn’t make it any easier. Lockdown life is tough. It feels a bit like Groundhog Day except for one very important consideration. In lockdown, it can be hard to differentiate between the days. It’s been weird to realise the process of dressing for work and then commuting to an office are integral to defining a workday. Perhaps those things are so important because they help differentiate and separate our work and home lives so without them it... View article »
Posted in Ewan's Blog on 4th August, 2021

We Know…

Righto. As we’re all faced with an incredible amount of uncertainty about what the coming days, weeks and months might hold I thought it worthwhile to share with you the messages I passed on to everyone in the Morton team earlier this week. This is what we know… We know we’re calmer. Compared to last year it seems the response to the latest lockdown has been much more measured. It certainly isn’t easy, but this time around it feels like we are all much more prepared to take it in our stride.  It’s no longer ‘unprecedented’ to face an economic lockdown so it hasn’t... View article »
Posted in Ewan's Blog on 21st July, 2021

The race

We’re hearing that momentum in the market is easing but at the same time, we’re still seeing reports about unprecedented demand. How can that be true? Conventional economic wisdom surely assumes strong demand will continue to drive a strong market. What’s really happening? I think what’s happening is that the many potential buyers are starting to run out of puff. They’re still in the race but not pushing quite so hard to get to the finish line. According to CoreLogic’s latest data, growth in Sydney property values rose by 2.6% in June. I see that as a great number. Values ARE still... View article »
Posted in Ewan's Blog on 8th July, 2021

Getting on with it – safely

Right. This week I’m not going to give you my opinion. In this blog, I always tell the truth as I see it and I like to present my thoughts on market movement and challenges. But this week I’m just going to give you the facts. How exactly can you go about engaging with the property market safely in a lockdown? Across leasing, listings, and sales, this is what we’re doing. First and foremost, what we’re doing is following guidelines as set by the NSW Government. Our team are following stay-at-home orders, but Morton has the technology and systems in place to... View article »
Posted in Ewan's Blog on 30th June, 2021