Author Archive
Let’s Talk Interest Rates
When I began my real estate career interest rates were nearly 18%. Yep, 18%. We mastered negotiating owner financing terms. As rates ‘normalized’, the consensus was ‘as long as they remain under 10%, we’re good!’ Maybe that’s...
Top 10 Most Expensive Home Sales – Hamptons 2022
2022 Top 10 Most Expensive Hampton Home Sales certainly ranks up there -- at first glance. To that end, the top spot doesn’t compare to 2021, when 90 Jule Pond in the Ford Estate (Fordune) in Watermill sold for $105,000,000 and the next tw...
Hamptons Year End 2022 Home Sales Report
2022 was like a “Year of March” - it came in like a lion and went out like a lamb. All 12 markets monitored by Town & Country Real Estate fell, and most fell pretty hard on the Number of Home Sales. All 12 markets monitored by T&C als...
Ring Out The Old!
2022 was quite a ride for East End Real Estate Markets. In fact, the past 2+ years felt like a poorly engineered roller coaster. The Real Estate Report dated 12/30/22 reported 29 sales for the last week of the year, of which 6 were vacant lot...
Contrarians At The Gate
Success in real estate investing and developing has many nuances to it. The first, and said to be the only rule of real estate has always been ‘Location, Location, Location’. In the case of the East End, we are fortunate to have ...
North Fork 3Q Market Report
The 3rd Quarter of 2020 North Fork Home Sales experienced a tremendous increase in activity — much of which continues through today. Looking at All North Fork Markets Combined, and the strong 3rd Quarter Home Sales report activity is confir...
Hamptons 3Q 2020 Market Report
The Summer of 2020 will go down in the Hamptons Real Estate Books! Looking at All Hamptons Markets Combined delineates the power of the market with the Total Home Sales Volume doubled to $971.5M from $481M and a 52% jump in the Number of Home...
Hamptons Mid-Year 2020 Market Report
The first half of 2020 was like no other in my 36 years. Along with so many other businesses, the real estate industry was shut down for months. Even with that time of “stay home,” the Hamptons home sales market showed true strength. Lo...
North Fork Mid-Year 2020 Market Report
The first six months of 2020 displayed the tremendous resilience of North Fork Real Estate. Considering we were in COVID lockdown for about two months and viewings and businesses came to a screeching halt, the numbers are impressive. Let’...
North Fork 2Q 2020 Home Sales Market Report
The COVID-19 lockdown had a negative impact on All North Fork Markets. While this 2nd Quarter looked like a pullback in activity, I can say with confidence that the activity level moving forward to the 3rd Quarter will be vastly different. ...