Category Archives: Market Insight

Solvent Buyers Frustrated By Lending Restrictions

Posted on August 10, 2009 by Doug Heddings

What are the banks doing with all of our bailout money?  Getting fat and making the borrowing process miserable even for those with stellar credit, great jobs, and high liquidity.   A current buyer of mine is supposed to be … Continue reading →

Posted in Market Insight | 9 Comments

Home Sellers Must “Buy” the Team Approach for Maximum Exposure

Posted on August 5, 2009 by Doug Heddings

Everyone has an opinion on what added value the real estate agent brings (or doesn’t) to the real estate transaction.  For the purpose of this blog post, let’s assume that a seller is fortunate enough to find an agent who … Continue reading →

Posted in A Broker's Job, Market Insight, Tips & Advice | 3 Comments

July Manhattan Market Video Snaphsot

Posted on July 29, 2009 by Doug Heddings

In this TrueGotham video blog I discuss the current Manhattan residential real estate market. Although June was a very busy month in terms of transactions, one month does not a recovery make. And what will Wall Streeters do with 2009 … Continue reading →

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Buyer Remorse in Manhattan Real Estate from The Wall Street Journal

Posted on July 27, 2009 by Doug Heddings

Well here it is.  My first post for The Wall Street Journal.  Check it out. BTW…this was just one of the plethora of reasons that I sought independence from the corporate environment in which I was working for the freedom … Continue reading →

Posted in Market Insight | 2 Comments

Hampton’s Market Report and Manhattan Market Insight

Posted on July 24, 2009 by Doug Heddings

I wish that I could say that I sold my house in Bridgehampton in April of 2006 because I was so savvy and knew it was the peak of the market.  Such is NOT the case at all but I … Continue reading →

Posted in Market Insight | 1 Comment

The Traditional Real Estate Brokerage Model is Broken

Posted on July 21, 2009 by Doug Heddings

The traditional broker better rethink the ways in which they do business or suffer extinction.  The business model is suffering and despite the facade that all is well in residential real estate, I’m here to tell you that isn’t the … Continue reading →

Posted in A Broker's Job, Market Insight, Tips & Advice | 4 Comments

Market Commentary from Real Estate Agent Greg Cooper

Posted on July 20, 2009 by Doug Heddings

Greg Cooper is a former radio personaility turned real estate agent in Carmel, Indiana.  So what does he have to do with Manhattan real estate?  Check out his commentary on "The Market" and se more of Greg at http://www.gregcooper.tv: That about … Continue reading →

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Manhattan Real Estate Market Is A Paper Wasteland

Posted on June 26, 2009 by Doug Heddings

The Manhattan real estate transaction is ANTI-GREEN!  It is archaic!  It is wasteful!  It is insane how much paper is wasted in one single real estate transaction in a day when scanners and digital images are so readily available and … Continue reading →

Posted in A Broker's Job, Market Insight, Tips & Advice | 6 Comments

Where Should Buyers Search for Property?

Posted on June 16, 2009 by Doug Heddings

The lack of an MLS (multiple listing service) in Manhattan has been the source of heated debate for years.  It continues to be a major topic of conversation as more and more websites pop-up both locally and nationally that aggregate … Continue reading →

Posted in Market Insight, Tips & Advice | 7 Comments

Seller Beware: Is Your Agent Protecting Their Best Interest?

Posted on June 9, 2009 by Doug Heddings

Those who are regular readers of TrueGotham know that this blog was born out of the necessity in my mind to dispel the used-car salesman persona of real estate agents.  Before I go further I want to say that I’m … Continue reading →

Posted in A Broker's Job, Dirty Real Estate Tricks, Market Insight, Tips & Advice | Comments Off on Seller Beware: Is Your Agent Protecting Their Best Interest?