A cluster of broader economic concerns have kept buyers from closing deals in the Hamptons. In the fourth quarter, the Hamptons market saw a 35 percent decline in sales versus a year earlier, according to Douglas Elliman’s latest market report. At the same time, the median sales price held flat at $995,000 as listing inventory surged 81 percent. “Volatility of financial markets may have dampened the drive to purchase,” said Jonathan Miller, author of the […]
source https://therealdeal.com/2019/01/24/the-waning-number-of-hamptons-buyers-are-going-big/
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