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Hamptons homebuyers hold off while waiting for lower prices

‘If not now, when?’ Fed’s Powell on GSE reform New federal housing finance Agency Director Mark Calabria recently laid out his vision for Fannie Mae and freddie mac reforms before members of the Mortgage Bankers Association and National Realtors Association. Calabria said now is the time to take action to improve government-sponsored enterprises.

There are countless reasons for the market sell-off. Some of the culprits for the overall negative sentiment include: worries about a worsening trade dispute with China, slowing global growth, rising.

View Price, pictures and listing information for 290 Further Lane, East Hampton, NY 11937. Through a combination of sophisticated marketing, unparalleled access, and an esteemed collection of affiliates, Sotheby’s International Realty is able to unite luxury homes in East Hampton with the right buyer at the right price.

Top-heavy housing market is crowding out the little guys An additional issue is that small, local tasting facilities are in a market where plaza rents run well over $100,000 a year. Mega-corporate interests could easily come in, run all the fun local guys out and the Plaza be left with only a façade of indigenous character. This is a real possibility.

How Much You’ll Pay for a Summer Rental in the Hamptons. Hampton rentals will vary greatly in price depending on where you’re looking and what you want, but some general rules of thumb apply. Not surprisingly your rental price will go up when you check off beach access or swimming pool on the amenities list.

Purchase share grows, closing times shrink ahead of spring market Get ready for the next era in retail-one that will be characterized by far fewer shops and smaller stores. Further signs of cuts in the industry came Wednesday, when Target said that it will.

Christy Goldfuss, in a CAP cross-post Unless you are a history buff or a resident of Hampton. companies, while just 1 percent are completely off limits to development. Instead of bringing down the.

In Southampton, East Hampton, and Shelter Island, the tax is 2% on the amount over $100,000 on the purchase price of unimproved land, and 2% on the amount over $250,000 on the purchase price of.

If you’re in the market to buy a second home on the North Fork or South Fork of Long Island, the recently released first quarter market reports from Douglas Elliman should yield some wisdom: First, the median sales price for Hamptons houses slipped 2.8 percent (to $895,000), and the median sales price in the North Fork jumped 18.3 percent (to $550,000), representing its highest first quarter.

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About the author: The above Real Estate information on the when to reduce the price of your home was provided by Bill Gassett, a Nationally recognized leader in his field. Bill can be reached via email at [email protected] or by phone at 508-625-0191. Bill has helped people move in and out of many Metrowest towns for the last 30+ Years.

New-home sales declined more than forecast in December U.S. Existing Home Sales Decline Than Expected in December. The consensus forecast was for a 2.2% decline to 5.72 million units in decline. The data helps to gauge the strength of the U.S. housing market and is considered to be a key indicator of overall economic strength. Despite the disappointing end to 2017,