Real Estate
Hamptons Open Houses Are Packed in Sign of a Robust Sales Season
- Buyers, sellers jump into the market as recession fears ebb
- Contracts and new listings climb but inventory is still tight
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Real estate agents in the Hamptons, the Long Island beach towns popular with Wall Street elites and vacationers alike, are bracing for a brisk sales season.
Homeowners on the East End are listing their properties for sale in greater numbers than they were a year ago, and would-be buyers are pouncing. On a recent warm Sunday afternoon, “every open house had people coming through,” said Todd Bourgard, chief executive officer for Long Island at Douglas Elliman Real Estate. “All the cafes and the sidewalks, everything was full. It just had that real good feeling to it.”