Author Archives: Doug Heddings

Property Shark Q4 NYC Foreclosure Report

Posted on January 14, 2008 by Doug Heddings

Thanks very much to Brian Scully over at Property Shark for providing TrueGotham readers an early look at the key takeaways from their NYC Q4 Foreclosure Report: Here are the Key Takeaways: • Reversing course from the upward trend of the prior 3 … Continue reading →

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Property Remains King and Some Buyers Really Suck

Posted on January 14, 2008 by Doug Heddings

I just had the bittersweet experience of receiving a phone call from an on-site sales agent and colleague informing me that one of my prospective buyers just reached out to her to try to "strike a better deal without me."  … Continue reading →

Posted in A Broker's Job, Dirty Real Estate Tricks, Market Insight, Tips & Advice | 24 Comments

Funny Residential Property Descriptions from The New Yorker

Posted on January 10, 2008 by Doug Heddings

From REAL writer Andy Borowitz of The New Yorker comes Rarely Available which mocks the often laughable property descriptions that I and my colleagues sometimes get a bit carried away with.  Here’s just one example from Borowitz (check out the entire … Continue reading →

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10 Most Expensive Cities for Renters

Posted on January 9, 2008 by Doug Heddings

I’m at the Inman Real Estate Connect conference all day today and promise to have something interesting to report later today. Until then, straight from Matt Woolsey of Forbes.com comes the 10 Most Expensive Cities for Renters.  Average rents provided … Continue reading →

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Inman’s Real Estate Connect 2008 Begins TOMORROW

Posted on January 8, 2008 by Doug Heddings

Just a reminder that it’s not too late to register and check out an amazing group of speakers at this year’s Inman Real Estate Connect Conference.  I’m speaking on a blogging panel tomorrow morning at 9:45 Beyond the Written Word: … Continue reading →

Posted in A Broker's Job, Market Insight, Tips & Advice | 2 Comments

I Won’t Be Buying Again….Yet.

Posted on January 8, 2008 by Doug Heddings

So here’s the update on yesterday’s post I May Be Buying Again.  Last night at 5PM. my wife and I visited the 3BR/3.5BTH Condo with a gorgeous eat-in kitchen, W/D, a formal dining room, and a corner living room with … Continue reading →

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I May Be Buying AGAIN

Posted on January 7, 2008 by Doug Heddings

Just a quick note that my phones are ringing considerably more than last week and there seem to be more buyers coming to the table ready to buy property, me included (see below).  Inventory remains low however and we still … Continue reading →

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

Friday Link-O-Rama

Posted on January 4, 2008 by Doug Heddings

With 2008 upon us, many are making predictions about the direction of the economy and more specifically the health and well-being of the Manhattan real estate market.  In lieu of specific predictions, here are some current links that may shed … Continue reading →

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Prudential Douglas Elliman Q4 2007 Manhattan Market Overview

Posted on January 3, 2008 by Doug Heddings

Straight from my Inbox are the highlights and key takeaways from the 4th Quarter report courtesy of Prudential Douglas Elliman via Jonathan Miller of RadarLogic and Miller Samuel Appraisers: Overall Manhattan Market [includes entire island] In the final quarter of … Continue reading →

Posted in Market Insight | 5 Comments

My First Wall Street Bonus Casualty of 2008

Posted on January 2, 2008 by Doug Heddings

Well I knew that the day would come when a voice on the other end of the phone would say, "We’re in a holding pattern because my bonus wasn’t anything like I thought it would be."  That day has indeed … Continue reading →

Posted in A Broker's Job, Market Insight, Tips & Advice | 11 Comments