Hamptons homebuyers hold off while waiting for lower prices
Would-be homebuyers in New York’s Hamptons are holding off on purchases as they wait for sellers to bring prices down. Sales in the Long Island resort towns tumbled 13 percent in the second quarter from a year earlier, according to a report Thursday by appraiser Miller Samuel Inc. and Douglas Elliman Real Estate.
(Bloomberg) — Would-be homebuyers in New York’s Hamptons are holding off on purchases as they wait for sellers to bring prices down. Sales in the Long Island resort towns tumbled 13 percent in the second quarter from a year earlier, according to a report Thursday by appraiser Miller Samuel Inc. and Douglas Elliman Real Estate.
Source: Hamptons Homebuyers Hold Off While Waiting for Lower Prices. Source: Australia House Prices Fall for 11th Month as Downturn Deepens. Source: Steepest U.K. House-Price Discounts. Housing Australia, Global, house price, Housing, UK, US American Dream Home.
Would-be homebuyers in New York’s Hamptons are holding off on purchases as they wait for sellers to bring prices down. Sales in the Long Island resort towns tumbled 13% in the second quarter from a year earlier, according to a report Thursday by appraiser Miller Samuel Inc. and Douglas Elliman Real Estate.
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Homebuyers melt away. fact that the U.S. economy is still shaky as reasons to hold off on buying or selling.". decided to rent their homes for a year or two while waiting for prices to.
The head of mortgage broking service First Home Buyers Australia, Taj Sing, said clients who planned to hold on to their property for many years were not overly concerned about falling prices..
The higher rates have dampened demand by prospective buyers who have decided to either hold off on. artificially low rates and criminal malfeasance. This is why housing prices have soared by more.
“If you buy the right thing and wait, these things pay themselves off. price in July. “There are certain areas of that market that are underserved,” he said, referring to the price point. But many.
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