Category Archives: Market Insight

Why Manhattan Real Estate Is So Attractive to Russians

Posted on July 24, 2008 by Doug Heddings

Perhaps the fact that Moscow is the most expensive city in the world and NYC is only #22 has something to do with it? (Elizabeth Butler Cordova from Crain’s via Curbed): For residents around the globe, the Big Apple is looking … Continue reading →

Posted in Market Insight | 2 Comments

Mediocrity Abounds In Manhattan Real Estate Market

Posted on July 21, 2008 by Doug Heddings

Sales volume has definitely picked up since mid June but the qualtity of property hitting the market seems to be lacking for the most part.  90% of my business is representing sellers with the sale of their homes but the … Continue reading →

Posted in Market Insight | 3 Comments

Sellers Seek Experienced and Committed Agents

Posted on July 11, 2008 by Doug Heddings

The most common question I’m currently being asked by owners seeking to sell their Manhattan homes is "how long have you been doing this?"  And of course the second question is "how’s the market?"  which seems to be just an … Continue reading →

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

Is Manhattan Immune to a Housing Slump?

Posted on July 7, 2008 by Doug Heddings

I just returned from a visit to the Maryland and Delaware shores and let me tell you that the resort housing markets in these areas are seriously hurting.  Signs are posted everywhere suggesting that "now is the time to buy … Continue reading →

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Real Estate Auctions Gaining Steam Nationwide

Posted on June 25, 2008 by Doug Heddings

As housing markets across the country flounder, many owners and developers are turning to auctioneers to help sell their languishing properties.  Alison Gregor of The New York Times writes today that Auctions Are Aiding Sales in a Weakened Market. It … Continue reading →

Posted in Market Insight | 1 Comment

Co-op Horror Story

Posted on June 23, 2008 by Doug Heddings

Sometimes I receive emails or comments from TrueGotham posts that are so unbelievable that they warrant their own post.  Check out this horror story from a Co-op shareholder and former board president: Here’s my story I have owned a 4 level … Continue reading →

Posted in Market Insight | 4 Comments

Real Estate Agents Playing Nice: A Sign of the Times

Posted on June 20, 2008 by Doug Heddings

Not long ago there was a time when agents for buyers had great difficulty scheduling appointments with seller’s agents as property lasted only days on the market.  In fact, as an agent who has represented predominantly sellers for my entire … Continue reading →

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

Manhattan Real Estate Market Snapshot

Posted on June 18, 2008 by Doug Heddings

Current market conditions have prevented me from blogging as regularly as I like to as negotiations are taking considerably more effort than they have in the past and relationships with sellers are requiring more hand holding and regular in depth … Continue reading →

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

Carnival of Real Estate #94

Posted on June 10, 2008 by Doug Heddings

The Carnival is up at Mike’s Corner. Check it out.

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Deal Flow Increases And So Does Effort

Posted on June 6, 2008 by Doug Heddings

I’m sure that regular readers of TrueGotham have noticed that the number of blog entries here has decreased significantly over the past several weeks.  I’m a broker who blogs, not a blogger who occasionally sells a home so my priority has to … Continue reading →

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