|Save Bambi Damnit!|
So, how is the market??? Well Douglas Elliman is releasing their Q4 market report later this week. While I can't tell you what it says ( I haven't seen it) I can guess the news will be pretty positive. In the past, the phones in Hamptons real estate offices are normally fairly quiet from Thanksgiving to Presidents Day Weekend but this season seems to be the exception. Almost every broker I spoke to this past Martin Luther King holiday weekend was booked all weekend long! In fact, holiday shopping was interrupted this year by east end agents actually having to work!!! Oh the humanity!
|Invitation to kill!?|
I've heard more than a few theories about why it's so busy. Maybe it's the wall street bonuses.... maybe it's that the Hamptons is growing as a year round destination... or maybe it's even the Russians (Yes, the Russians are coming, the Russians are coming!!). But personally, I think it's the fact people have been sitting on the side lines for so long and now they're reading. Prices are starting to rise and interest rates are still low. So, the question really is why haven't you bought in the Hamptons already!?! Call me!
Finally, I've been showing like a mad man lately and I'm shocked I'm encountering expensive homes with a simple problem that's a major turn off for buyers. So what is it? Damp and smelly basements believe it or not can turn a buyer off a potential dream home faster than you can say "it's too much work for us." Many buyers as they see it's indicator of flooding or mold issues. While that isn't necessarily true, do your real estate agent a favor and spend the $200 bucks to buy a dehumidifier. It's not only going to give your home more appeal it might actually help you breathe a little easier as it comes time to sell.