Author Archives: Doug Heddings

The Party is Over… Now Leave

Posted on June 23, 2006 by Doug Heddings

Despite the lull in the real estate market, large firms continue to hire like crazy from real estate agent courses that are still jammed with peoplewho signed up to reap the rewards of a market that was recently booming. For … Continue reading →

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Some Developers Remain Bullish

Posted on June 22, 2006 by Doug Heddings

As we have talked about before, some new Manhattan developments have not been moving inventory like they hoped. But others are full steam ahead with their plans to bring more condos on the market. I just found out Anbau Enterprises … Continue reading →

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Hugh Knows Manhattan

Posted on June 21, 2006 by Doug Heddings

We see a lot of charts that attempt to explain the reality on the ground in New York. This is one of the most accurate I have ever seen.

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Manhattan Rents Are On the Way Up

Posted on June 21, 2006 by Doug Heddings

David Seifman of the Post reports that renters have been getting killed for years: New York City residents who didn’t have the foresight to buy their own home and are living in a market-rate apartment got hammered by a 68 … Continue reading →

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Because It’s All For Sale, Really. Right?

Posted on June 20, 2006 by Doug Heddings

Glenn Roberts, Jr. of Inman News discusses a cool thing that’s happening in Helsinki these days: Igglo, a Finnish company, allows prospective buyers to post online offers to buy a particular property — it doesn’t matter whether it’s actually for … Continue reading →

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TrueGotham Reads Some More Five Flights Up

Posted on June 16, 2006 by Doug Heddings

As you know Toni Schlesinger’s book Five Flights Up is a collection of conversations with real New Yorkers about where they live, and why they live there. An interesting topic that comes up a often in the dialogues is why … Continue reading →

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The Real Estate Wire: Manhattan

Posted on June 14, 2006 by Doug Heddings

Some noteworthy articles from the last few days: Jonathan Miller: “There is so much soft landing talk that I am getting a little concerned. Since when have you known so many people make the right call about a complex economy?” … Continue reading →

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Zillow Integrity

Posted on June 13, 2006 by Doug Heddings

Score one for open and honest dialogue. Regular readers will know that a few days ago I played around with Zillow, and found the newish Internet-based service to be a flawed way to price your property. That prompted a visit … Continue reading →

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It’s No Secret: Sellers Prefer Cash

Posted on June 12, 2006 by Doug Heddings

OK…I’m back ready to wax eloqouently about the real estate market yet again. Is anyone out there willing to give me a good haircut, some acupuncture, or perhaps a gourmet meal for my advice? You laugh, but that’s the kind … Continue reading →

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Not Every Day Has Interesting Real Estate News

Posted on June 9, 2006 by Doug Heddings

Jonathan Miller points out that the collapse of “Bubble Blogs” seems to be gaining momentum. All that negative chatter is only interesting for so long. But on a Friday evening, after assessing numbers and markets all week–sometimes I wonder how … Continue reading →

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