Over the past fifteen years or so I have had the opportunity to associate with many real estate professionals who ply their trade in the Hamptons real estate market. I recently spoke with several, each of whom has managerial responsibilities and experience with their respective firms. The question I posed was, how have you seen changes in the real estate market impact the skills required of agents and managers, especially since the...
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Here’s your guide on where to be, what to do, and who to know to make summer, 2014 the happiest (healthiest) summer yet!...
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Home sales are soaring in the Hamptons — and now buyers who want more for their money are splurging on its traditionally less fancy neighbor, the North Fork, according to new market reports. While the number of home sales jumped 38 percent on the South Fork (a k a the Hamptons), they skyrocketed 60 percent on the North Fork, according to the Corcoran Group, which compared the first quarter of 2013 to the first quarter of 2014. Some...
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Bill and Hillary Rodham Clinton are ditching Sagaponack this summer for an Amagansett summer rental. Last year, the presidential couple spent a few weeks in August in an $11 million beach house on 3.5 acres in Sagaponack. But this summer, Bill and Hillary are moving farther east to Amagansett, a source told the New York Times. Chelsea Clinton was unable to join her parents in the Hamptons last summer as she was putting the finishing...
Read MoreThe first quarter reports from Hamptons real estate brokers are in. The number of sales jumped 52.2% from Q1 of 2013. The median sales price compared year over year increased 18.9% to $880,000, while the average sales price jumped 40.2% to $1,708,925. The number of sales above $5M is up sharply by 58.8%. Inventory is up 18%. Analysis: the market is getting back to normal after the Q1 2013 post-fiscal-cliff lows. The number of above...
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