I have never been so busy! Rentals have opened up and buyers are coming out of hibernation!!!
This market here in the Hamptons has been shut down for literally 4 months: December, January, February, March....they have been totally dead. Now with the sun shining and the weather reminding everybody what is to come---We are having a very busy month.
There are upwards of $100Million in fully executed contracts in the works---Prices range from just under $1 Million to just over $10Million, a well balanced, early return to normalcy! These deals will close in the next 3 months and then maybe the media will pick up on it.
These properties are located in The Hamptons, Eastern Long island and East of the Shinnecock Canal. For those who don't know, the canal is the general demarcation for the Hamptons as a collective; it does not include Westhampton which has it's own "plus" of being located closer to New York City. Nor does it include Hampton Bays which is between Westhampton and Southampton. These 2 areas have their own identity for those who do not want to drive the 2 hours to get to the Eastern End of Long Island.
Nothing is more gratifying than to now be able to sell in a more "normal" market, where work is hard but the deal gets done and everybody is happy--no one feels ripped off or cheated as used to happen in the market where escalating prices forced people to do things they ordinarily would not do.
So, now I can say with certainty, that the Spring market has arrived and it is good!!!
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