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Hamptons housing sees steady interest from prospective buyers - Business Insider

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A top broker in the Hamptons sees listings down, like almost everywhere else, but adds, 'We are getting phone call after phone call from buyers that want to come out here'

that about 40% of any given year's sales take place between March and June.

And there's carnage in some markets. According to Zillow, the markets that have seen the greatest slowdown in new listings since March 1 include Detroit with a 61.8% decrease, Pittsburgh with a 55.5% decrease, and New York with a 49.1% decrease."Of course we're expecting a little bit of slowdown, especially for April," Bourgard told Business Insider, adding that he wasn't quite sure when things would "open up again.

In addition, Bourgard said he is still busy with virtual deals. People who had previously visited the area to see homes are now making offers, he explained. Of course there has been a dip in volume because new prospective buyers can't see homes, but Bourgard said he believes that once people are allowed to see homes again, sales will climb back up again.The US housing market is bracing for a drastic drop in home sales this spring as data shows new listings down nearly 50%

 

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Crimes committed against you by active money managers ot advisors will result in recovered funds being distributed to you by the Justice Department. Thank you FBI CIA Former government agencies that now operate with all global intelligence agencies under one JUSTICE DEPARTMENT.

Probably the same hedge-fund vultures who cleaned up during the last housing crisis

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