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Hamptons Homes, Real Estate Prices Fall, But More Slowly.

September 17th, 2012 | by: SM SOLD | Posted in : Client News, Real Estate News

Our client Enzo Morabito has a newly released blog, \'Hamptons Homes, Real Estate Prices Fall, But More Slowly.\'

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"Real estate prices fell in the month of April, at the slowest pace in more then a year.  This truly points out what we have known from our sales this year in the Hamptons real estate market. TheS&P/Case-Shiller index of property values dropped 1.9% in April from the same month in 2011, the smallest decline since November 2010.

A-decrease in prices is a necessary step toward luring more buyers and sustaining demand for the Hamptons real estate housing market. Demand for quality homes is definitely on the rise from Westhampton Beach to Southampton, Bridgehampton, Water Mill, Sagaponack, East Hampton and Sag Harbor real estate. Hopefully this will be a truly stabilizing element in Hamptons real estate markets, it’s been along time coming?"


To read the rest of Enzo Morabito\'s blogs, please visit: