Category Archives: Market Insight

Residential Real Estate Never Ceases to Irritate

Posted on June 21, 2007 by Doug Heddings

The next time you get very excited about the presentation of a property on a web site I would recommend calling the listing agent and asking one very simple question: Was the property photographed with a wide-angle or fish-eye lens? … Continue reading →

Posted in A Broker's Job, Dirty Real Estate Tricks, Market Insight | 8 Comments

Homebuyers Revisiting Hybrid Mortgage Products

Posted on June 20, 2007 by Doug Heddings

From The Wall Street Journal Online comes a report of shifting investor strategies as long term bond rates rise.  The recent bond market rout is prompting some fixed-income investors and mortgage shoppers to rethink their strategies. Some investors have begun … Continue reading →

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Manhattan Real Estate Inventory Scarce: Sell Now?

Posted on June 19, 2007 by Doug Heddings

Check out the latest inventory numbers from Jonathan Miller’s Matrix which shows the number of available co-ops, condos and townhouses dropping 26.1% from last year to its lowest level since August 2005.  So what does this mean?  Frustrated buyers!  There … Continue reading →

Posted in Market Insight, Tips & Advice | 2 Comments

Hazy, Hot and Humid?…Buy a Condo with a Pool

Posted on June 18, 2007 by Doug Heddings

What better to blog about on a hot and sticky Manhattan day than the increase in the number of condominium projects with swimming pools (via The New York Sun).  As I walked to the office this morning sipping my hot … Continue reading →

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Hot Summer Real Estate Market…Really?

Posted on June 14, 2007 by Doug Heddings

There is no doubt that transactions are taking place right now at all price levels with an absolute frenzy occurring in the ultra luxury ($10M+) Manhattan residential real estate market.  Having said that, I’m still here with anecdotal evidence of a … Continue reading →

Posted in Market Insight | 1 Comment

A Welcome Calm in Manhattan Real Estate Market

Posted on June 8, 2007 by Doug Heddings

I have just finished perusing the RSS feeds and news stories today and nothing really grabbed my attention.  My anecdotal opinion on the current Manhattan real estate market:  It’s quiet.  This time of year traditionally sees a bit of a … Continue reading →

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

Upper West Side Rezoning

Posted on June 7, 2007 by Doug Heddings

Breaking news from The New York Sun that Manhattan Borough President Scott Stringer has submitted a recommendation to cap buildings at 14 stories between 97th and 110th street along Broadway: Stringer waived his review period and submitted a recommendation in … Continue reading →

Posted in Market Insight | 1 Comment

New York City New Residential Development Report for May 2007

Posted on June 5, 2007 by Doug Heddings

Sorry for the delay but one of my favorite things about the Real Deal (and there are many) is their monthly New Residential Development Report.  Here’s their latest for May 2007.

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Real Estate Agents! Get Your Head Out of Your…um…I mean…the Sand!

Posted on June 5, 2007 by Doug Heddings

From Peter Coy of BusinessWeek.com comes ‘Don’t Watch, Read, or Listen to the News If You Can’t Handle the News’.                                                         Coy shares this:  Here’s an excerpt from the promo for a new podcast by the co-founders of GetMyHomesValue.com, Rory … Continue reading →

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

More Transparency of Property Information in Manhattan

Posted on June 4, 2007 by Doug Heddings

It’s here!!!!  The past 4 years of sales data including co-ops (yes co-ops!!!) is available to the public to peruse.  Thanks to Ethan Wilensky-Lanford of The New York Times for the tip off on real estate sales data searches.   Check out … Continue reading →

Posted in Market Insight | 2 Comments