Category Archives: Market Insight

Listen Up: I Don’t Want Your Referral Fee!

Posted on April 18, 2007 by Doug Heddings

The Manhattan real estate market can be incredibly draining…such is life.  I’m exhausted after a day where nothing went the way I thought it should…so what!  Just mentioning it to shed some light on the fact that I’m posting to … Continue reading →

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The War For/Against Transparency in Real estate Continues

Posted on April 17, 2007 by Doug Heddings

From The Consumerist comes an Associated Press breaking story that Arizona bars online home price estimator.  Zillow is facing more scrutiny and attack by the good ole’ boys with Arizona banning Zillow’s business model based on the claim that they are … Continue reading →

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Qualifying Buyers: Weed Out the “Lookers” with a Nor’easter

Posted on April 16, 2007 by Doug Heddings

Sellers are always asking me how I go about qualifying buyers: both prior to showings and again prior to accepting an offer.  Yesterday’s Nor’easter was the best "qualifier" of real buyers that one could hope for as masses (as many … Continue reading →

Posted in Market Insight | 1 Comment

Friday Link-O-Rama

Posted on April 13, 2007 by Doug Heddings

After a couple of quiet weeks (boy it was nice), the Manhattan real estate market is picking up where it left off at the end of March.  It is indeed heating up again as it almost always does going into … Continue reading →

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Special Assessments: Can They Be Avoided?

Posted on April 12, 2007 by Doug Heddings

It’s no secret than when condominium owners or co-op owners are faced with a special assessment, sometimes tempers flare.  In fact, Amy Gunderson of The New York Times gives this example in her story Special Assessments: When Your Board Wants … Continue reading →

Posted in Market Insight, Tips & Advice | 5 Comments

No Closer to Multiple Listing Service in Manhattan

Posted on April 11, 2007 by Doug Heddings

Remember our cautious excitement last year when we learned that a "sort of" MLS was coming to Manhattan?  I had my own opinions of why I welcomed this event but was skeptical that it would ever come to fruition: Ultra … Continue reading →

Posted in Market Insight | 2 Comments

Co-op to Condo Conversion Payoff? Not So Fast..or Maybe?

Posted on April 9, 2007 by Doug Heddings

In Jay Romano’s piece for The New York Times, Your Home: Converting a Co-op to a Condominium, he addresses a question that has been asked of me and many of my colleagues hundreds of times by clients who own co-ops … Continue reading →

Posted in Market Insight, Tips & Advice | 1 Comment

Why Isn’t Everyone Using Video to Market Homes?

Posted on April 6, 2007 by Doug Heddings

I have no clue!!!  Many would suggest that I keep my trade secrets to myself.  I say, "NOT NECESSARY."  It’s what you do with information that sets you apart from the rest of the pack in any given industry.  So … Continue reading →

Posted in A Broker's Job, Market Insight, Tips & Advice | 10 Comments

Manhattan Prophecy Fulfilled: Island for the Wealthy

Posted on April 5, 2007 by Doug Heddings

For most of my 15 years in the Manhattan real estate market, I have been expressing concern over where the middle class will live as property values have become more unaffordable for that segment of the buying population.  Here are … Continue reading →

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Virtual Rollercoaster of US Home Prices Since 1895

Posted on April 5, 2007 by Doug Heddings

My friend Henry Abbott of TrueHoop fame sent me this incredible virtual roller coaster of home prices since 1895 (via Kottke.org).  I can’t believe Jonathan Miller hasn’t done something like this as he is the master of stats and graphs.  … Continue reading →

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