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Posts Tagged ‘market conditions’

for rent sign

Hamptons Summer Rentals: Then & Now

Those of you who have been inside (or outside) the Hampton Real Estate industry as long as I have (35 years), know that the play book has changed... yet again. Summer Rentals used to be so predictable. For the first 25 years, most Summer Rental...

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Home Sales Nationwide Increase Greatly

It never ceases to amaze me how the media can spin a story any way they want to… and when I see people “drinking the Kool-Aid” I want to scream “THINK!!!”. So, National Association of Realtors (NAR), just released the June Pending ...

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59 Middle Lane Front 3

How Important Is Pricing?

Those of us in the industry are witness to one of the oddest phenomenon I’ve seen in my 36 years. We are seeing homes selling for HALF of their original list price. Clearly, our markets are not collapsing by any means. We are not in a ...

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Marine Drive

US Home Prices Rose 5.9%

The S&P CoreLogic Case-Shiller Index reported a 5.9% rise in home sales prices nationwide for January, year over year. That increase is the greatest since mid-2014. The 10-city index rose 5.1% January 2016 to January 2017 while the 20-city ...

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East Hampton Area Report

Town & Country 4th Quarter 2016 Home Sales Report

How the mighty have fallen! The last 3 months of 2016 were NOT good for the Hamptons real estate markets. 11 of the 12 individual markets monitored by TOWN & COUNTRY experienced declines in the Number of Home Sales with the hardest h...

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hamptonsaug2

Mixed Signal

Second quarter 2016 statistics have been released and they are not sending clear signals by any means. On one hand, The National Association of Realtors reported that home prices rose in 83% of the nation's 178 major real estate markets....

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