Author Archives: Doug Heddings

Co-ops, Sub-Prime and Effects on Real Estate Pros

Posted on September 10, 2007 by Doug Heddings

From the September Real Deal comes an excellent piece from Alison Gregor on How the Sub-prime Fallout Will Effect Real Estate Pros. Since delinquencies among sub-prime loans that had been packaged and resold on secondary markets reached fever pitch this … Continue reading →

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More Manhattan Real Estate Inefficiencies

Posted on September 7, 2007 by Doug Heddings

I have penned with some frequency about the many inefficiencies that exist in the New York City real estate market and the frustration continues with property managers.  My team and I seem to be hitting a wall with numerous property … Continue reading →

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Q2 PropertyShark Walk-Up Apartment Report

Posted on September 6, 2007 by Doug Heddings

Note some key takeaways and quote from PropertyShark CEO, Ryan Slack: • Sales Volume: The market for NYC walk-up apartments was very active in the second quarter of 2007, with 21.14% more transactions than the first quarter of 2007 and … Continue reading →

Posted in Market Insight | 3 Comments

Thursday Link-O-Rama

Posted on September 6, 2007 by Doug Heddings

Not enough time to come up with anything original today.  Busy trying to finally get the TrueGotham TV pilot shot (looks like it’s FINALLY happening next Friday) and of course I have to tend to my sellers who are ready … Continue reading →

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Top of the line Kitchen Renos from OpenHouseNYC

Posted on September 4, 2007 by Doug Heddings

This weeks OpenHouseNYC segment covers a decision that many of us face during our homeownership: How much money do we spend on a kitchen renovation?  Should we modestly renovate with resale in mind or do we go "all out" and … Continue reading →

Posted in Tips & Advice | 5 Comments

Ignorance is Anything but Bliss for Many Borrowers

Posted on September 4, 2007 by Doug Heddings

I can’t resist sharing MMI: Staying Ignorant in Five Easy Steps from Calculated Risk which exposes the numerous holes in a recent MarketWatch report about qualifying for a mortgage in today’s credit crisis (and it is a crisis) which begins … Continue reading →

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ONE MILLION DOLLARS…ah ah ah ah ah…for a Summer Rental!!!

Posted on August 30, 2007 by Doug Heddings

Just couldn’t resist sharing this news of a record breaking summer rental in the Hamptons (via The Real Deal). A Hamptons waterfront luxury rental for Memorial Day to Labor Day hit $1 million this season, a record. The Southampton house … Continue reading →

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One Last Hoorah Before Summer Ends

Posted on August 30, 2007 by Doug Heddings

The office is super quiet right now…but wait…here come my kids…quiet no more.  Be back Tuesday.  Have a wonderful Labor Day weekend.

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Easy Home Renovations for Sellers from OpenHouseNYC

Posted on August 29, 2007 by Doug Heddings

Our latest selection from OpenHouseNYC is a helpful piece for any seller who would like to maximize the value of their home prior to marketing. For anyone on the house hunt, as much as we sometimes don’t want to admit … Continue reading →

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Credit Crunch Casualties

Posted on August 28, 2007 by Doug Heddings

I’m back from vacation and here to report that I and my team have experienced our first "casualty" as a result of tightening lending standards.  The bad news is that the buyer who has decided not to sign the contract … Continue reading →

Posted in Market Insight | 13 Comments