Author Archives: Doug Heddings

Bubble Sitting

Posted on August 15, 2006 by Doug Heddings

Les Christie of CNNMoney writes about the idea of sitting out the real estate market, waiting to buy again when it reaches a "low point." Just this week, builder Toll Brothers announced they expected sales to decline substantially for the … Continue reading →

Posted in Market Insight | 11 Comments

The Culture of Real Estate Fraud

Posted on August 14, 2006 by Doug Heddings

Ralph Roberts at Realblogging gives us a Marcie Geffner column (as long as we’re talking ethics, hope they had Geffner’s permission to reproduce the whole thing!) about the culture of real estate and how it contributes to fraud. For instance, … Continue reading →

Posted in A Broker's Job, Dirty Real Estate Tricks, Market Insight | 9 Comments

Friday Link-o-Rama

Posted on August 11, 2006 by Doug Heddings

When you can’t decide between two apartments. Sizzling Manhattan real estate market, for rentals. Un-sizzling vacation home market. Air conditioners are super ugly. Hugh Hefner’s house on Zillow. From a roundup of Zillow’s young life.  What about for sale signs?

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Co-op Boards to the Rescue?

Posted on August 10, 2006 by Doug Heddings

Praise David Leonhardt of The New York Times bringing up that great Saturday Night Live skit where he dresses up like a white guy and heads to the bank for a loan. The loan officer makes sure no black people … Continue reading →

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Fishing for Big Dollars

Posted on August 9, 2006 by Doug Heddings

Jonathan Miller wonders about some of the listings out there these days: I wonder if any meaningful proportion of the residential listings currently on the market are sellers who are not serious and/or are “trolling” for a crazy price. I … Continue reading →

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Manhattan Real Estate History: The Dakota Meets the Developers

Posted on August 8, 2006 by Doug Heddings

Lauren Bacall, Leonard Bernstein, Connie Chung, Judy Garland, Boris Karloff, John Lennon, Yoko Ono, John Madden, Paul Simon, Sting… a ridiculous number of celebrities and artists have lived in the famous Dakota at 72nd and Central Park West. It has … Continue reading →

Posted in Market Insight, Neighborhoods | 2 Comments

Real Estate Agents on Co-op Boards: Walking a Fine Line

Posted on August 7, 2006 by Doug Heddings

Sunday’s Real Estate section of The New York Times wonders whether it’s a conflict of interest to have a real estate agent, who sells property in a building, also serving on that co-op’s board of directors? They outline a number … Continue reading →

Posted in A Broker's Job, Dirty Real Estate Tricks | 3 Comments

Friday Link-o-Rama

Posted on August 4, 2006 by Doug Heddings

Zillow’s New York City heat map shows hot and cold neighborhoods in New York City, although I wouldn’t count on those prices per square foot. Zillow’s NYC information isn’t perfect. If you spend an hour messing around with the city’s … Continue reading →

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The Co-op vs. Condo Scale is Tipping: Towards Balance?

Posted on August 3, 2006 by Doug Heddings

Jonathan Miller is at it again with his incredibly adept knack of deciphering numbers and explaining the NYC housing market. Check out his latest fancy chart. On Curbed he explains it this way: This week I present the quarterly average … Continue reading →

Posted in Market Insight | 2 Comments

Doug Heddings on New York One

Posted on August 2, 2006 by Doug Heddings

Watch for Doug tomorrow on New York One, in a story about little things you can do to help your New York apartment sell in this market. Look for the Fortune Business Report at about 10pm. For a more in-depth … Continue reading →

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