Posts Tagged ‘real estate market’

Maintain the momentum

We had the latest CoreLogic numbers out last week which sparked the expected frenzy of excitement and analysis. The figures showed growth that continues to astound but with that comes real angst at the impact of the ever-growing value of residential property in Sydney. So, let’s take a look. The numbers for our business show the Sydney market upswing started in September last year. That timing took most people by surprise. It certainly did me. I had real concerns the proposed phasing out of COVID financial supports from September 2020 would dampen the market. Instead, it got hotter. CoreLogic shows Sydney has delivered... View article »
Posted in Ewan's Blog on 10th November, 2021

Auction Difference

We deal in numbers every day, but I think this is a number that stands out and deserves to be recognised. Morton currently has an auction clearance rate of 93.94%. The team is on fire. Yes, the market is incredibly strong, but our team isn’t just capitalising on the conditions, we’re challenging norms so we can go beyond expectations. The fact we are prepared to do auctions differently is a case in point. COVID challenged the way we all did business. It forced us to look for ways to do things differently. We had to embrace things that might have already existed... View article »
Posted in Ewan's Blog on 3rd November, 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

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