hamptons real estate: Get a Bonus, Buy a House? - 02/19/07 03:01 AM
So its almost time to put away the winter clothes and get ready for summer.  If you were interested in possibly spending some time in the Hamptons you may need to shell out some serious dollars. 
This past weekend the NY Times article Get a Bonus, Buy a House? discussed the bidding wars for summer homes in the Hamptons.  According to brokers on Long Island the bidding wars seem to be fueled by colossal Wall Street Bonuses.  It seems as though sales are outpacing last years and these sales will more than likely close in March or April with Wall Street bonus money.
So … (0 comments)