Category Archives: Market Insight

Friday Link-O-Rama

Posted on March 7, 2008 by Doug Heddings

The flu is sweeping through our house with the latest victim being my 3 year old daughter.  My wife and I are just waiting for its attack on one of us…oh happy day.  So here’s a list of some of … Continue reading →

Posted in A Broker's Job, Fun, Market Insight, Tips & Advice | Comments Off on Friday Link-O-Rama

Generation Y’s Perception of Real Estate Agent Value

Posted on March 5, 2008 by Doug Heddings

Lauren Baier Kim of RealEstateJournal.com asks the question, Do Young, Tech-Savvy Buyers Need a Real Estate Agent’s Help? In real estate, there is a growing dichotomy: buyers are getting younger, while real estate agents are growing older, according to articles in … Continue reading →

Posted in A Broker's Job, Market Insight | 1 Comment

Highest, Best, and Final Offers…Again

Posted on March 3, 2008 by Doug Heddings

While the headlines across the country depict an atrocious housing market, the Manhattan real estate market continues to baffle many of us.  Just a few weeks ago I blogged about an open house that was attended by more than 150 … Continue reading →

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

TrueGotham’s Mini-Hiatus and Manhattan Market Snapshot

Posted on February 27, 2008 by Doug Heddings

In March, TrueGotham will celebrate 2 years in the blogosphere and if I do say so myself, "we’ve come a long way baby!"  Having said that, yesterday and Monday were the first back to back weekdays of silence on Truegotham … Continue reading →

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Manhattan Market Snapshot: Confusion Permeates

Posted on February 20, 2008 by Doug Heddings

Here’s what I’m seeing in today’s Manhattan real estate market: Realistic sellers who price "right" are seeing incredible activity on their homes with multiple bids and bidding wars commonplace on those properties that are appropriately priced.  We are having yet another highest, … Continue reading →

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Manhattan Real Estate: Patience Can Be A Virtue But Ego Isn’t

Posted on February 15, 2008 by Doug Heddings

Manhattan is full of BIG egos.  Some would say that many of those egos help to pump life into the heart of this incredible metropolis.  Perhaps there is an element of truth to that but a big real estate agent ego can be … Continue reading →

Posted in A Broker's Job, Dirty Real Estate Tricks, Market Insight, Tips & Advice | 5 Comments

Economic Stimulus Package: Part II

Posted on February 14, 2008 by Doug Heddings

Yesterday, in part I of this Article, I discussed the main components of the Economic Stimulus Package. Today, in Part II, I will address (i) who will benefit from these higher limits; and (ii) what the effect this law will … Continue reading →

Posted in Market Insight | 4 Comments

Economic Stimulus Package and Loan Limits-What Effect Will it Have? PART I of II

Posted on February 13, 2008 by Doug Heddings

It has been reported in the news that the House and Senate recently passed the Economic Stimulus Package. The Package will become law once it is signed by the President which should happen some time this week, possibly as early … Continue reading →

Posted in Market Insight | 1 Comment

Is Being the First to View a Property An Advantage?

Posted on February 13, 2008 by Doug Heddings

With inventory still incredibly low in most parts of the Manhattan residential real estate market, eager buyers are hopeful that they and/or their agents will be the first to spot and view properties as they come on the market.  Being … Continue reading →

Posted in A Broker's Job, Market Insight, Tips & Advice | 1 Comment

Inventory is Low…This is What I Need…Are You Listening Sellers?

Posted on February 11, 2008 by Doug Heddings

Instead of the loosening of inventory that I had so hoped for this busy winter season, a further contraction seems to be a harsh reality.  So in the sincere hope of procuring some very special properties to bring to market, … Continue reading →

Posted in Market Insight | 8 Comments