Author Archives: Doug Heddings

Not looking good for Hudson Yards. Use Zillow to include fluctuating property values in a live assessment of your net worth. (Also, home of the Zillow-haters.) Fantastically interesting thoughts from an upstate appraiser. Condos, hotels, condo-hotels, and zoning. If you … Continue reading →

Here’s another one of those “surveys” that tells us what the priciest markets are around the world. As reported in the New York Sun, this is an interesting read but terribly inaccurate and borderline irresponsible, particularly the headline of the … Continue reading →

Trulia’s panel of experts gets reviews from Inman. Kudos to Jonathan Miller once again and all of the Trulia panelists who accepted the challenge of making the prediction on August housing numbers. Miller is the only one on the panel … Continue reading →

He’s talking about the state of the market, and sifting through the numbers from the latest NAR report. It is scheduled to air at about 10:15 tonight.

As most of my readers know, my mission on True Gotham is to raise the level of honesty and integrity in the real estate industry in an effort to dispel the myth that agents are essentially used car salesman. (For … Continue reading →

The real estate market has not been great, they’re reporting. You’ve got to be kidding me. They are also reporting that Ben Franklin discovered electricity and get this one… Elvis is dead! The obvious is finally stated. As some of … Continue reading →

Doug checks in with news from 485 Fifth Avenue, which had been on its way to becoming condominiums: "The sponsor of the condo conversion of 485 Fifth Avenue has filed an amendment to the offering plan abandoning the offering. The … Continue reading →

Now, when homeowners find mistaken information in their listings, they can make updates, and have their information appear immediately adjacent to the public listing information. Zillow Chairman and CEO Rich Barton was the first person to put it to use. … Continue reading →

Les Christie of CNNMoney is checking the early returns of the housing futures markets. The number of investors is small. But early track record is reportedly pretty good, while the predictions for the New York market are not–currently the market … Continue reading →