Auction numbers primed to rise despite softer clearance rates

first_imgAuction numbers are set to rise in 2017. Picture: Tara Croser.ONE analyst said despite last week’s softer auction clearance rate in Brisbane, the sale method will gain popularity this year.Corelogic’s most recent Auction Market Preview shows Brisbane had 102 Auctions scheduled for last week with 84 proceeding to an event.Of those offered under the hammer, 57.1 per cent sold compared to 63.0 per cent for the week before.Corelogic auction spokesman, Kevin Brogan, said the softer result is good compared to the city’s past performance.“The number of auctions this week at 117 is at the lower end of what might be considered normal but it’s a bit timely.“That’s quite a normal set of volume as we ramp up into the 2017 season, but last year you had a clearance rate sitting in the high 40 per cent to low 50 per cent – so when you say the clearance rate is maybe a bit lower, it actually sits within a certain per cent of what it was for last week – so it’s not a bad result for Brisbane at all.”More from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor8 hours agoMr Brogan said Brisbane will continue to have lower auction numbers than Sydney and Melbourne.“There is an issue of, if I can call it, ‘cultural acceptance’.“In somewhere like Brisbane, and also in Adelaide, the properties that go to auction are those that are really where the agent identifies they’ve got a competitive edge in the market.”He said these are the more unusual listings that need be tested on the market.“So you tend not to see the sort of things that you might get in Melbourne, for example, where you get a regular sort of house going to auction.”Despite this, Mr Brogan said agents will continue to use auctions as an effective marketing tool.“Basically, listing a property for auction actually brings matters to a head because you’ve got the marketing campaign for an auction which is typically a fairly concentrated effort.“So an auction campaign in terms of marketing can be considered to be deemed to be successful even if the property hasn’t sold under the hammer, but rather prior or after.”last_img read more

Bonnie Landes, 90, Wellington: June 23, 1926 – Sept. 1, 2016

first_imgBonnie LandesBonnie Faye Landes, age 90, resident of Wellington, died Thursday, September 1, 2016 at Golden Living Center.  Bonnie worked side by side with her husband in the family business of the gas and oil stations, farm fuel transport, bait house, ice house, and café.Bonnie Faye (Riggs) Landes was born on June 23, 1926 in Geuda Springs, KS to Raymond R. Riggs and Ida Olive (Baker) Riggs.  Bonnie was a Wellington High School graduate with the Class of 1944.She married Merle Leon Landes on March 11, 1946 in Newton, KS.She enjoyed spending time with her family and friends, dancing with Merle, camping and traveling with family, cooking, and sewing.  Bonnie was a care giver for anybody in need her entire life.  She also enjoyed hosting large family and friends’ holiday get-togethers.Bonnie was a member of the First Baptist Church for over 70 years.  Through the years she was also a member of the VFW Women’s Auxiliary, the Election Board, a “Pink Lady” volunteer at the Sumner Regional Medical Center, a P.T.A. member for over 20 years, a member of the Polka Club, a Cub Scout Leader, and a Brownie Girl Scout Leader.  She was also an avid donor for the American Red Cross being a member of the 50 gallon club.She is preceded in death by her parents; two brothers, Lawrence Riggs and Floyd Riggs; and two sisters, Doris Hackett and Louise Sawyer.Survivors include her husband of 70 years, Merle Landes of Wellington; two sons, Marvin Landes and his wife Billy of Derby, KS and Valdon Landes of Fort Collins, CO; two daughters, Cristal Horsch and her husband Doc of Wellington and Janet Warkentine-Marker and her husband Larry of Wilson, KS; one sister, JoAnn Ostrander and her husband Tommy of Wellington; 12 grandchildren; and 23 great grandchildren.Funeral Services will be held at the First Baptist Church on Wednesday, September 7, 2016 at 2 p.m. Pastor John Bliss will officiate.  Interment will follow the service at Prairie Lawn Cemetery.Visitation will be held at the funeral home on Tuesday, September 6, 2016 from 1 to 8 p.m.Memorials have been established with the First Baptist Church of Wellington, KS, and the Wellington Public Library.  Contributions can be left or mailed to the funeral home.Frank Funeral Home has been entrusted with the arrangements.To leave condolences or sign our guest book, please visit our website at www.frankfuneralhome.netlast_img read more