Tuesday, July 14, 2009

Hamptons Sales Down 58%, Q2


The Hamptons are no stranger to the housing downturn. Bankers, brokers, and just about everyone else strangled tight the purse strings, sat on their wallets, and drove sales volume down 58% compared to the same quarter last year. This, according to Judy Desiderio, broker and Hamptons market report generator extraordinaire as reported by Bloomberg this morning.

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