Author Archives: Doug Heddings

Manhattan Market Snapshot: 3/6-4/3/2009

Posted on April 21, 2009 by Doug Heddings

The following data represents Prudential Douglas Elliman CONTRACTS SIGNED for all of New york City for the weeks ending 3-6-2009 through 4-3-2009: Average Sales Price: 1,029,091 Median Sales Price: $666,250 %Discount from Last Asking Price: 9.70% %Discount From Original Asking … Continue reading →

Posted in Market Insight | 1 Comment

NYC Private School Standards and Expectations

Posted on April 10, 2009 by Doug Heddings

Although this is under the "Fun" category of this blog, it is hardly any fun for most parents who are trying to get their kids into private schools in Manhattan.  Given all the buzz of late about schools and real … Continue reading →

Posted in Fun | 3 Comments

Home Sellers Fighting a New Fight

Posted on April 10, 2009 by Doug Heddings

With all the negative press that the Manhattan real estate market is getting these days and a veritable stalemate occurring between buyers and sellers, Manhattan property owners are shifting their perspectives on how to best sell their homes in a … Continue reading →

Posted in A Broker's Job, Market Insight | 1 Comment

Fair Housing Advertising Word and Phrase List

Posted on April 10, 2009 by Doug Heddings

This partial Fair Housing Advertising Word and Phrase List was recently disseminated to real estate agents throughout the country and suggests that you "Describe the Property – Not the People." The Fair Housing Act prohibits certain categories of discrimination in … Continue reading →

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Homeowner Relief Act Makes Refi’s Possible

Posted on April 7, 2009 by Doug Heddings

For those who had wanted to refinance, but due to falling home prices, did not have the equity in the home to do so, now they can. Due to the Homeowner Relief Act, refinances are now available to homeowners with … Continue reading →

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Last Call for Real Estate Social Marketing Panel Tonight

Posted on April 7, 2009 by Doug Heddings

Hope to see you tonight!    Sponsor Intensive Real Estate Social Media Workshop Today, Tuesday, April 7, 4 pm – 6 pm (registration 3:30 – 4 pm) Location: M1-5, 52 Walker Street, Manhattan Cost: $99 Details and Registration Get up … Continue reading →

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Real Estate Social Marketing Series: Join Us

Posted on April 5, 2009 by Doug Heddings

  Only 17 spots left for Tuesday Seminar (Register Here) Have you ever wanted to learn how to use social networking and marketing services like Facebook, Twitter, and LinkedIn to build your real estate business, but you were too busy … Continue reading →

Posted in Tips & Advice | 4 Comments

Manhattan Market Reports: Link-O-Rama

Posted on April 3, 2009 by Doug Heddings

Well better late than never.  Here is a list of links to all of the Q1 2009 Manhattan Residential real estate reports and absolutely no surprises.  Volume has dropped by more than half and median prices of resales are down … Continue reading →

Posted in Market Insight | 1 Comment

When Broker is Seller: Double Standard?

Posted on April 2, 2009 by Doug Heddings

Last Spring, I attempted to convince my wife that we should sell our 3BR condo on the Upper West Side, bank a nice profit, and move to a rental.  She couldn’t be persuaded and pointed out that we didn’t need to sell … Continue reading →

Posted in A Broker's Job, Market Insight | 9 Comments

Confusion Abounds in Manhattan Real Estate Market

Posted on March 31, 2009 by Doug Heddings

The current Manhattan residential real estate market couldn’t possibly be more confusing.  I’m not just talking about buyers either.  All the players in the game are trying to make some sense of the market as a whole.  Here’s what I’m … Continue reading →

Posted in A Broker's Job, Market Insight | 4 Comments