Author Archives: Doug Heddings

No Closer to Multiple Listing Service in Manhattan

Posted on April 11, 2007 by Doug Heddings

Remember our cautious excitement last year when we learned that a "sort of" MLS was coming to Manhattan?  I had my own opinions of why I welcomed this event but was skeptical that it would ever come to fruition: Ultra … Continue reading →

Posted in Market Insight | 2 Comments

Succeed in Real Estate…and Life

Posted on April 10, 2007 by Doug Heddings

I’m heading to Baltimore this morning to visit my brand spanking new nephew, who was born yesterday!  Congrats to my sis and bro-in-law!!! It’s events like these that frequently give us pause providing a moment to evaluate our lives and what it … Continue reading →

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

Co-op to Condo Conversion Payoff? Not So Fast..or Maybe?

Posted on April 9, 2007 by Doug Heddings

In Jay Romano’s piece for The New York Times, Your Home: Converting a Co-op to a Condominium, he addresses a question that has been asked of me and many of my colleagues hundreds of times by clients who own co-ops … Continue reading →

Posted in Market Insight, Tips & Advice | 1 Comment

Why Isn’t Everyone Using Video to Market Homes?

Posted on April 6, 2007 by Doug Heddings

I have no clue!!!  Many would suggest that I keep my trade secrets to myself.  I say, "NOT NECESSARY."  It’s what you do with information that sets you apart from the rest of the pack in any given industry.  So … Continue reading →

Posted in A Broker's Job, Market Insight, Tips & Advice | 10 Comments

Manhattan Prophecy Fulfilled: Island for the Wealthy

Posted on April 5, 2007 by Doug Heddings

For most of my 15 years in the Manhattan real estate market, I have been expressing concern over where the middle class will live as property values have become more unaffordable for that segment of the buying population.  Here are … Continue reading →

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Virtual Rollercoaster of US Home Prices Since 1895

Posted on April 5, 2007 by Doug Heddings

My friend Henry Abbott of TrueHoop fame sent me this incredible virtual roller coaster of home prices since 1895 (via Kottke.org).  I can’t believe Jonathan Miller hasn’t done something like this as he is the master of stats and graphs.  … Continue reading →

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1Q Manhattan Real Estate Market Report Now Available

Posted on April 4, 2007 by Doug Heddings

Here it is: Prudential Douglas Elliman Manhattan Market Overview 1Q 07 prepared by Miller Samuel. And a brief summary directly from Miller Samuel: …The Manhattan housing market saw a large increase in the number of sales, a drop in listing … Continue reading →

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New York City Closing Costs: Sky High for New Developments

Posted on April 4, 2007 by Doug Heddings

It amazes me how many people begin the process of shopping for or selling a property and are completely unfamiliar with the costs associated with doing so.  For those who are buying in new development projects, pay particular attention to these … Continue reading →

Posted in Market Insight | 2 Comments

1Q Manhattan Real Estate Market Report Released Today

Posted on April 3, 2007 by Doug Heddings

This comes directly from my Inbox received just moments ago from Real Estate guru and appraiser Jonathan Miller.  Check out the link below to read more on hos blog, Matrix. Manhattan Market Information The 1Q 2007 Prudential Douglas Elliman Manhattan … Continue reading →

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More Co-op Board Antics

Posted on April 3, 2007 by Doug Heddings

Yet another saga to report on the absolutely ridiculous behavior that some co-op boards exhibit.  In May of last year, my team and I brought a property on the market that wasn’t without it’s challenges as far as procuring a … Continue reading →

Posted in A Broker's Job, Market Insight, Tips & Advice | 15 Comments