Author Archives: Doug Heddings

Inventory Insight: Absorption Rates Charted

Posted on May 26, 2009 by Doug Heddings

Jonathan Miller, appraiser extraordinaire, is indeed a Chart Master as evidenced by these beautiful works that illustrate Absorption Rate by Price and Neighborhood.  For those unfamiliar, the absorption rate is defined as the number of months it would take to sell … Continue reading →

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Memorial Day 2009

Posted on May 25, 2009 by Doug Heddings
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Manhattan Real Estate Market Video Snapshot

Posted on May 22, 2009 by Doug Heddings

Here is the first of what i hope will be many quick video snapshots of the Manhattan real estate market and what is going on in and around the NYC real estate world.  Be gentle as it is my first … Continue reading →

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Team Approach a MUST in Today’s Residential Real Estate Market

Posted on May 20, 2009 by Doug Heddings

If you’re considering hiring a real estate professional to market and sell your home in today’s challenging environment, may I strongly suggest hiring a team as opposed to an individual.  An increase in inventory paired with a decrease in the … Continue reading →

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Still Awaiting Price Discovery In Manhattan Real Estate Market

Posted on May 19, 2009 by Doug Heddings

The spring residential real estate market is in full swing albeit quieter than the same time last year.  In addition to less volume, there is one major impediment to deals getting done in today’s marketplace.  That obstacle is price.  Although … Continue reading →

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Super Quick Manhattan Market Snapshot

Posted on May 12, 2009 by Doug Heddings

A lot going on behind the scenes here at TrueGotham and stay tuned for some very exciting news.  In the meantime, in an effort to stay connected to my readers, here’s a quick snapshot of my current business: Buyer traffic … Continue reading →

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No Time to Blog in Current Real Estate Environment

Posted on May 4, 2009 by Doug Heddings

You can assume that when I haven’t blogged for a week or more that I’m either on vacation (not this time), bummed out about the current market (not that either), or so darn busy that I just don’t have time to … Continue reading →

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Invisible Rooms Can Be Costly for Buyers

Posted on April 24, 2009 by Doug Heddings

Regular readers of TrueGotham know all too well my irritation at the mis-quoting of square footage.  I even did a 5 Part Web TV series to address just that topic.  It has unfortunately been determined that measuring square footage is not … Continue reading →

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TrueGotham In the Media: FoxBusinessLive

Posted on April 23, 2009 by Doug Heddings

Had a blast on FoxBusinessLive today with anchors Connel McShane and Jenna Lee and IRA/401K guru Hugh Bromma, the CEO of the Entrust Group  Our discussion covered current conditions in housing markets nationwide, the confusion that everyone is experiencing from mixed messages … Continue reading →

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For Sale By Owner Market Evolving

Posted on April 22, 2009 by Doug Heddings

Although there are still a very small percentage of owners who attempt to sell their own properties, those who are have become more savvy and sophiisticated in their efforts.  The owners of a 2BR/2BTH apartment in Lincoln Towers on the Upper West Side have designed … Continue reading →

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