WHAT'S HAPPENING IN YOUR AREA??...Are sales still flying high?

Hi Will--I think your listing may move now that it looks like there will be three rate cuts until Mar '26! I hope that is true and not just a rumor..

Thanks for reading  and commenting!

Hi Anna, Hope your retirement is going well and that you are staying busy--I hear that is one thing that happens after retirement! I think the sales that are reflected in that chart on my post shows that we have a very active market in the higher end properties. I hear my fellow agent, a good friend. just sold a $57 mil house, off market! The high end owners don't want to list their houses to the masses--they all want an off-market buyer for privacy, mostly. Thanks for your input!

Well that makes sense at that much higher level price point than most.  Privacy would be key.  I don't think we've had any home that sold at 57M.  I'll have to check it out.  Maybe.....

Hi Wanda,

That's pretty much what happens here too--all new construction moves pre-completion and builders are getting very busy right now because of the promise of lower rates.

Thanks for the big acknowledgement! I like the comments I am getting and I need to prove a point to my management since all they focus on is the high-high end of the market.

Hope you get more member participation on this post, Paula.

Thank you wanda--It could be quite interesting to see how affordability is affecting other market places. I suspect it is more wide-spread than we know...lets hope for more input from voices across the land!

Hi Kathy,

I don't often do posts on the sales activity here in the Hamptons because I don't think it applies to many other areas--But since I am hearing the same refrain from across the country about lack of affordable housing, I thought it would be interesting to hear from other agents just to see if we can get some facts on how wide-spread it really is....could be ammunition for another post too!...thanks for your support!

😄Thank you so much for the feature, Kathy! Let's hope this will bring in some more information regarding other markets...