Author Archives: Doug Heddings

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

Always Busy Before Vacation?

Posted on March 20, 2009 by Doug Heddings

There is a very strange phenomenon that I have noticed since the day I started selling real estate almost 17 years ago.  Every single time that I am leaving for vacation, the activity level of my business picks up.  Last … Continue reading →

Posted in A Broker's Job | 4 Comments

Mortgage Process Delays in Today’s Market

Posted on March 17, 2009 by Doug Heddings

Unlike the Manhattan real estate market of the past decade, many of today’s transactions include mortgage contingencies for buyers.  And until last week, it had been quite a long time indeed since I had a buyer request an extension to obtain … Continue reading →

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

Manhattan Oasis: 3BR Penthouse w/ Terrace and Views

Posted on March 17, 2009 by Doug Heddings

166 East 96th Street Complete Listing Info

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Seamless and Exquisite 7 Room Combo

Posted on March 17, 2009 by Doug Heddings

315 West 86th Street Complete Property Info

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Lacking the Inspiration to Blog in Changed Market

Posted on March 13, 2009 by Doug Heddings

I’m absolutely embarrassed that I have not blogged since February 25 and this is without a doubt the longest dry spell since this blog’s inception.  No coincidence that it is also the most challenging market that I have seen in … Continue reading →

Posted in A Broker's Job, Market Insight | 8 Comments

Is There Anything To “Catch” For Manhattan Real Estate Bottom Fishers?

Posted on February 25, 2009 by Doug Heddings

As media reports continue to swirl about our struggling economy paired with the likelihood that it is going to get worse before it gets better, some prospective, yet reluctant purchasers continue to circle Manhattan real estate just watching asking prices adjust … Continue reading →

Posted in A Broker's Job, Market Insight, Tips & Advice | 19 Comments

Another Tool Grants Greater Transparency in Real Estate

Posted on February 19, 2009 by Doug Heddings

Most of my readers know that I am a huge fan of displaying property as accurately as possible so that those who take the time out of their busy schedules to visit aren’t disappointed.  To this end, I have been using WellcomeMat … Continue reading →

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Short Break for TrueGotham

Posted on February 10, 2009 by Doug Heddings

I’m heading out of town shortly (destination top secret) with my wife for her job at Food and Wine magazine.  I won’t be back until late Friday so no posts for the next few days.  In my absence, I leave … Continue reading →

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Who Is Buying Manhattan Real Estate?

Posted on February 5, 2009 by Doug Heddings

One year ago in January of 2008 and for the 10 years prior to that, my business consisted of representing approximately 95% sellers of which about half were employed on Wall Street.  It’s no secret that Wall Street dynamics have changed drastically … Continue reading →

Posted in A Broker's Job, Market Insight | 3 Comments