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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...
The Hamptons real estate market is expected to be very busy this summer. The $2M and under range is quite active as well as high-end properties over $10M+! New construction is popular and waterfront is always in demand...
As the 2017 summer season kicks off, another busy year is expected for Hamptons real estate both in rentals and sales. Rentals are trending towards monthly rather than full season, while sales are already better than last year. Amagansett, Sag Harbor, Water Mill, and Bridgehampton are hot. Waterfront is in very high demand, while new construction is active...
By all signs, the housing market is bouncing back in 2013. With tighter spring inventory, rising home prices, increased building, and a decline in foreclosures, housing is making a steady recovery. With summer rentals at an all time high and housing sales back to their pre-recession norms, 2013 is shaping up to be a great year.