Author Archive
Town & Country Hamptons 2nd Quarter 2016 Home Sales Report
The numbers are in… raising eyebrows mind you! The second three months of 2016 proved challenging for many of the 12 individual markets monitored by TOWN & COUNTRY. All three criteria in the analysis showed significant drops: The Number ...
U.S. Home Sales Strike A 9 Year High
Last week the N.A.R., National Association of Realtors, released their report on existing home sales for the month of May. The 1.8% increase to an annual rate of 5.53 million units, was the highest level since February 2007, and sales were ...
Brexit, Done!
This morning, we all awoke to a changed world… again! A historic number of British voters came out to be heard. When the polls were all done, by a mere 3.78%, the UK decided to exit the European Union (EU). No one knows for certa...
Truck Beach
I would like to weigh in on the issue of "truck beach"—a real hot potato… or should I say hot sand? I am stupefied by the town's decision to fight this for 7 years and vow to continue the fight should the judge not rule in their favor. ...
Fighting Chance Annual Summer Gala
Fighting Chance, East End's Cancer Support Organization had its 14th Annual Summer Gala On Saturday, June 4, 2016 at the Maidstone Club in East Hampton Village. The reception was a celebration for the care and support given to our local communi...
New Home Sales Hit Heights-not-seen-since-2008
US Commerce Department released its April report on purchases of single-family homes sales which jumped nearly 17% from the month earlier to a seasonally adjusted annual rate of $619,000. This was the fastest pace since January 2008. Add...
Town & Country Hamptons 1st Quarter 2016 Home Sales Report
The best part about the numbers is they tell it like it is — no individuality, no over inflation, no emotions… strictly the FACTS. The fact is, the Hamptons 1st Quarter Home Sales Report reflects, frankly, a mixed bag. In general, the...
Hamptons Top 10 Most Expensive Sales Of 2015
2015 closed out the year with a solid performance on the high end. But, 2014 remains THE BEST YEAR for high-end real estate sales — shattering all prior ceilings with Barry Rosenstein's purchase of Andrew Gordon's estate from his partner, Ch...
Town & Country Hamptons Year End 2015 Home Sales Report
It's as though the year was divided into 2 completely different experiences. 2015 started out with a BANG — the high end enjoyed a wickedly cool ride, the best it has had since 2007 — then came the summertime swoon and the 1000 point int...
Town & Country Hamptons 4th Quarter 2015 Home Sales Report
This 4th Quarter TOWN & COUNTRY HOME SALES REPORT is one of the most interesting compilation of factors in the nearly three decades I've been reporting on market statistics. Tons of moving parts. First, let's examine the obvious… the last ...