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The Hamptons and North Fork housing markets improvement over the past year has been impressive. Conditions are now stronger today than we would have expected last year at this time due to rising sales, declining inventory and consistent pricing. In fact there were more sales in the second quarter than in nearly 3 years and we have now seen three consecutive quarters with stable prices. Although we still face economic challenges, record-low mortgage rates, and much improved affordability continue to drive the market.
http://www.prudentialelliman.com/images/marketreports/Hampton_Q2_2010.pdf
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The Zweben Team is a team of licensed real estate salespersons affiliated with Compass. Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage. New York State Fair Housing. New York Real Estate Standard Operating Procedures.
