Author Archives: Doug Heddings

NEWS FLASH: 30 Year Rates Drop Almost 1% OVERNIGHT

Posted on November 25, 2008 by Doug Heddings

I have just received notification from Dan Shlufman that the Fed cash infusion just caused 30 yr fixed rate loans to drop to 5.375%. He suggests that those buying or refinancing act fast since this is unprecedented and may go away quickly.  If … Continue reading →

Posted in Market Insight, Tips & Advice | 1 Comment

Blogging Not What It Used To Be: Neither is the Market

Posted on November 24, 2008 by Doug Heddings

It has become increasingly more difficult for me to post blog entries as current market conditions are keeping me quite busy.  I’m not suggesting for one moment that I’m doing more business than I was in the recent past rather … Continue reading →

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

How To Raffle Your House

Posted on November 11, 2008 by Doug Heddings

PLEASE READ THIS ENTIRE BLOG ENTRY: WE DO NOT RAFFLE HOMES…so contacting us to assist you with a house raffle will be a fruitless effort.  Good Luck to all of you! I’ve decided to re-post this blog entry because of the overwhelming amount of traffic that this site is getting … Continue reading →

Posted in House Raffles, Tips & Advice | 140 Comments

Transparency Most Effective Way to Manage Expectations

Posted on November 6, 2008 by Doug Heddings

Readers of TrueGotham know exactly how I feel about transparency and I do believe that the real estate industry as a whole is getting much better at accurately representing property to the prospective buying public.  Yet I continue to be baffled … Continue reading →

Posted in A Broker's Job, Dirty Real Estate Tricks | 5 Comments

Hamptons Not Immune to Market Forces

Posted on October 30, 2008 by Doug Heddings

The 3rd Quarter Hampton and North Fork Overview has been released by Prudential Douglas Elliman and Miller Samuel. Highlights: The Hamptons/North Fork market continued to show weakness this quarter as evidenced by the decline in price indicators and number of … Continue reading →

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Synchronized Debating

Posted on October 29, 2008 by Doug Heddings

Had to share this: Get the latest news satire and funny videos at 236.com.

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The Two Faces of Residential Real Estate

Posted on October 28, 2008 by Doug Heddings

I’m two-faced!  That’s right, I said it.  But now let me explain.  In today’s very bizarre world of Manhattan real estate where everyone is trying to make sense of the market’s conditions and direction, I am finding myself sending mixed … Continue reading →

Posted in A Broker's Job, Market Insight, Tips & Advice | 7 Comments

Still Trying to Make Sense of Manhattan Real Estate

Posted on October 23, 2008 by Doug Heddings

Oh what a difference a few weeks makes… On September 29th I posted Making Sense of Manhattan Real Estate and described how incredibly busy I was on the day the Bailout Package was originally rejected.  Well it has been 3 weeks, … Continue reading →

Posted in A Broker's Job, Market Insight | 7 Comments

A Brave New World in Manhattan Real Estate

Posted on October 21, 2008 by Doug Heddings

Yes I’m still alive!  Just in case you were wondering.  It has been almost 2 weeks since my last post on TrueGotham and the longest streak without a post since this blog’s inception.  The lack of time to post blog entries … Continue reading →

Posted in A Broker's Job | 6 Comments

Home Depot Contest: How Are You Saving Energy?

Posted on October 8, 2008 by Doug Heddings

The Home Depot wants to know how people are saving energy in their home in its “Save Money. Save Energy. Win Big.” video contest. Just shoot a short video to show how you’re saving money and helping the environment by … Continue reading →

Posted in Fun | 1 Comment