LATEST NEWS

Hamptons Market Remains Strong Despite Rising Rates & Record Prices

By Alice Phillips
December 9, 2022

The interesting takeaway from this report is that the total number of transactions is down – even though the market remains strong. The low inventory seems to be what’s keeping the Hamptons markets humming, despite the national concern that...

MarketWatch – A Return to Normal

By Alice Phillips
October 16, 2022

The million-dollar question on everyone’s mind these days about Hamptons real estate: where are we headed? Pricing adjustments are becoming more commonplace, as buyers are no longer in the Covid mindset of purchasing at any price...

Marketwatch – Times are Changing

By Alice Phillips
August 16, 2022

Listings in the Hamptons increased for the fourth straight month, with median prices 19% higher than a year ago. After more than two years of explosive growth and tight supply, will the Hamptons real estate market remain strong and immune from the changes that are affecting...

South Florida is Still Bullish

By Karen Dash
August 16, 2022

Inventory remains tight throughout South Florida, and the time on the market remains blistering. In Palm Beach County, average sale time in July 2022 was 20 days. While, perhaps, the days of long lines at open houses and waiving inspections for all cash offers may be gone, there is still clearly a massive demand for little inventory...

Change is in the Air

By Alice Phillips
July 19, 2022

By all accounts, the South Florida real estate market is booming along. Prices are high, inventory is low, and the outlook remains largely bullish. Many real estate professionals...

Listings Increase as Sold Prices Remain at Historic Highs

By Adrianna Nava
June 21, 2022

The number of listings available for sale began to increase in April of 2022 and the number of signed contracts remained low to recent norms going into summer 2022. However, the number of sold listings is in keeping with historical norms while the median sold price remains at historic highs...

South Florida Market Remains HOT, HOT, HOT

By Alice Phillips
June 20, 2022

The market was exceptionally good for investors in 2021, but is the Florida housing market still a smart investment for 2022?

Montauk Market Remains Strong

By Alice Phillips
June 20, 2022

For Montauk homeowners thinking about selling, it’s important to make sure that your property pricing and positioning is exactly right for the Montauk environs and marketplace.

MarketWatch – The Hamptons Market Adjusts in the First Quarter

By Adrianna Nava
May 9, 2022

The median sold price in the Hamptons increased 12% from $1,962,500 in the first quarter of 2021 to $2,200,000 in the first quarter of 2022 and there have never been so few homes for sale.

Hamptons Home Prices are Quite Secure

By Adrianna Nava
April 11, 2022

The number of listings available for sale declined by 8% between March 1 and April 1, 2022 and the continued reduction in real estate supply appears to be the greatest factor for the decline in contract activity for March 2022 compared to March 2021....