Author Archives: Doug Heddings

The New Dollar

Posted on September 22, 2008 by Doug Heddings

Sent to me this morning from a friend on Wall Street is this design for the new US dollar bill: The five dollar bill is of Lincoln’s backside!

Posted in Market Insight | 2 Comments

Offers Being Made and Contracts Being Signed

Posted on September 19, 2008 by Doug Heddings

In the past week, I have received a few emails and comments from readers questioning my credibility purely because I refused to panic and spew negativity here on TrueGotham.  I think my track record speaks for itself so I’m not going … Continue reading →

Posted in Market Insight | 4 Comments

Wall Street Debacle Will Have Ramifications for Manhattan Housing

Posted on September 15, 2008 by Doug Heddings

158 year old Lehman Brothers has declared bankruptcy.  Merrill Lynch has been scooped up in the nick of time by Bank of America.  AIG is also talking bankruptcy.  And who can forget Bear Sterns?  All of the fallout from Greenspan’s "easy money" mortgage … Continue reading →

Posted in A Broker's Job, Market Insight, Tips & Advice | 6 Comments

9-11-2001

Posted on September 11, 2008 by Doug Heddings

Remember…

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Exquisitely Appointed 2BR/2BTH Gem

Posted on September 9, 2008 by Doug Heddings

61 E 77th St. Apt 8A/B Complete Listing Info

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What Does Fannie and Freddie Takeover Mean For You?

Posted on September 8, 2008 by Doug Heddings

It is my opinion that given the prices of New York City residential real estate, this takeover will have more psychological than direct economic impact on our market.  That said, it will most certainly have a more direct effect on … Continue reading →

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Missing 85 Year Old Man in Brooklyn

Posted on September 5, 2008 by Doug Heddings

This is for REAL. This gentleman is the father of a colleague’s customer.  The family lives on the 2000 block of East 13th St. in Brooklyn.  Please keep your eyes open.  Thank you. UPDATE:  Mr. Gelabert has been found and … Continue reading →

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Another House Raffle To Support Our Troops

Posted on September 4, 2008 by Doug Heddings

It wasn’t long ago that the San Mar Children’s Home in Maryland successfully raffled a house to both raise money for charity and get the property off the hands of the owners.  Given the number of inquiries I have received … Continue reading →

Posted in House Raffles | 8 Comments

Less Emotion in Real Estate Market as Buyers Seek Value

Posted on September 2, 2008 by Doug Heddings

When I entered the Manhattan real estate market 16 years ago this week, I was greatly attracted to the personal and emotional elements of the residential real estate transaction.  And over the past 16 years, I have seen the market … Continue reading →

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Today’s Mortgage Market…Think Outside the Boxes

Posted on August 28, 2008 by Doug Heddings

In today’s tighter lending environment, I’m consistently amazed at the number of buyers showing up to see my exclusive properties who have yet to speak with a lending institution or mortgage broker regarding their mortgage needs.  I’m equally amazed at … Continue reading →

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