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Housing Values Increase Greatest In 6 Years

If you follow our T&C Blog, you have been reading about increases in sales contract, home sales, building permits, and decrease in inventories… all of which result in home prices going up! Home sales in October 2012 rose 6.3% from October 20...

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Gaining Ground

Housing Will Save Us

This was a T&C Blog dated November 21st, where we predict the next evolution of the U.S. Housing Market will actually drive the economy. Then on November 28th, front page of my Wall Street Journal a similar prediction in an article by Cono...

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$1m Mortgages Spike

Town & Country has experienced a significant uptick.. particularly on the high end. This is in keeping with T&C 3rd Q Home Sales Report where the $3.5-4.99M price category for All Hampton Markets Combined rose 50% year over year! A ...

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Housing Will Save Us!

So many economists point their fingers at the housing market and cast blame for the entire Great Recession. While the housing bubble may have been a significant contributor, runaway government spending, irrational lending practices and collapsi...

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Housing Starts for a 4 Year High

The United States Commerce Department released its report as housing starts yesterday. United States Housing starts rose to the highest level in more than 4 years since July 2008! The level, 894,000 units or a 3.6% increase. The housing mar...

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Existing Homes for Sale

We all have read the reports confirming the upcoming housing market. But did you know the inventory on existing homes for sale across the country is 22% lower than just a year ago at 2.1 million according to the National Association of Realtors...

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Proud To Donate

Town & Country is proud to donate a portion of every rental commission from today throughout 2013 to the American Red Cross and The Group for the East End,a not-for-profit regional charity that protects and restores the environment right here o...

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Existing Home Sales Continue Their Ascend

The National Association of Realtors reported on Friday that existing home sales in the U.S. were selling at a seasonally adjusted annual rate of 4.75 million units in September, or 11% more than in September of 2011. This was the 15th straight...

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More Good News For Us Housing Market

The Commerce Department confirmed what those of us in the real estate industry have been experiencing for months. The September figures are in and U.S. home construction rose 15% to a seasonally adjusted 872,000. Construction of single-family ...

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Oceanfront Repair

In Sagaponack & Bridgehampton the beach renourishment project T&C BLOGGGED about a few months ago may not happen until the winter of 2014. This HUGE delay is to obtain permits… REALLY??? We can’t speed track this? I sure hope ...

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Another EHT Land Acquisition

The East Hampton Town Board voted unanimously to spend $385,000 in community preservation funds to purchase #8 Deer Path, a 1.1 acre parcel in Springs. Open space is the intended use for this property. Around the corner from this parcel i...

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