Hamptons Mansions Pile Up While Buyers Battle Over Smaller Homes

BLOOMBERG – OSHRAT CARMIEL/PHOTO CREDIT: TWITTER

  • Bidding wars increased to 10% of deals in non-luxury category
  • Listings on the high end jumped 22%, the most in two years

Buyers of Hamptons homes in the third quarter didn’t want to splurge on something too costly, but they were willing to bid up cheaper properties in their search for a vacation retreat.

Read more at Bloomberg

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