Category Archives: Market Insight

Credit Crunch Casualties

Posted on August 28, 2007 by Doug Heddings

I’m back from vacation and here to report that I and my team have experienced our first "casualty" as a result of tightening lending standards.  The bad news is that the buyer who has decided not to sign the contract … Continue reading →

Posted in Market Insight | 13 Comments

The Bizarre Manhattan Co-op Market and Those Who Make It So

Posted on August 21, 2007 by Doug Heddings

I’m still on vacation but dabbling on the computer this AM as the rain continues to come down…the kids and I did have a nice swim in the rain though.  Anyway, I just received this email from a TrueGotham reader … Continue reading →

Posted in A Broker's Job, Dirty Real Estate Tricks, Market Insight, Tips & Advice | 11 Comments

Buyer Quality Increases…But Quantity May Effect Prices

Posted on August 7, 2007 by Doug Heddings

All of the recent press regarding the current mortgage meltdown and rising rate atmosphere is enough to make a borrower or their real estate agent a bit queasy.  Of course those who can weed through all of the negative press … Continue reading →

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Friday Limk-O-Rama

Posted on August 3, 2007 by Doug Heddings

First I want to apologize for the light postings this week.  Some exciting things going on behind the scenes here that are taking up a great deal of my time.  That said, here are some links that I found interesting in … Continue reading →

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Feds and State Offer BAND-AIDÆ to Troubled Mortgage Holders

Posted on July 27, 2007 by Doug Heddings

Vikas Bajaj of The New York Times reports on a Home Refinancing Program (that) Aims to Help Owners Stay Put: New York State and the Federal National Mortgage Association will announce plans today to refinance up to $100 million in … Continue reading →

Posted in Market Insight | 1 Comment

Stock Market Plummets and Should I Become a Real Estate Broker?

Posted on July 26, 2007 by Doug Heddings

It’s mighty quiet in the office today except for the chatter among my colleagues about the stock market plummet (Dow down more than 300 points if you didn’t know already).  But I’m not here to feed your anxiety, nor mine … Continue reading →

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

Tuesday Link-O-Rama

Posted on July 25, 2007 by Doug Heddings

So little time to blog lately as the market has indeed been keeping me and my team busy so here’s some links that you may find helpful or at least a good read: Thank G*D that real estate salespersons are … Continue reading →

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Dirty Tricks Aren’t Limited to Agents

Posted on July 24, 2007 by Doug Heddings

It’s almost always the real estate agent who gets the bad press when a deal goes awry.  Sometimes it is absolutely warranted and other times it is the case that people just feel they have to blame someone and me … Continue reading →

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

2nd Quarter Foreclosure Report Released By Property Shark

Posted on July 19, 2007 by Doug Heddings

Tina Mattow of PropertyShark.com was kind enough to send over their 2nd Q Foreclosures Report of four major cities: Los Angeles, Seattle, Miami and of course our very own New York City.  Here are the "key takeaways" directly from the report … Continue reading →

Posted in Market Insight | 1 Comment

Buyer Incentives to Help Sell Your Home

Posted on July 17, 2007 by Doug Heddings

Amy Hoak of RealEstateJournal.com shares Effective Incentives to Woo Buyers and Sell Your Home.  Hoak points out that gimmicky incentives like trips, cars, and flat screen TVs are less likely to provide the incentive a buyer needs than good old fashioned … Continue reading →

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