The bubbly may be flowing in the Hamptons this summer, but the property market is flat. In the second quarter this year, sales in the Hamptons slumped 12.8 percent, according to Douglas Elliman’s latest market report. It marked the first year-over-year decline since 2016. But with 601 sales, the total number remains above average, said Jonathan Miller, CEO of appraisal firm Miller Samuel and the author of the report. “It is a large drop, but […]
source https://therealdeal.com/2018/07/26/the-market-slowdown-is-seeping-into-the-hamptons/
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