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Economy
New Yorkers with 'middle class' $5M homes in the Hamptons slash selling prices by as much as 26% to get rid of 'unjustifiable' luxury vacation homes
2023-11-03
[Daily Mail, where America gets its news]
  • In some cases, owners have cut their asking prices by hundreds of thousands of dollars in Sag Harbor and Amagansett

  • The sudden bounce is believed to be linked to the highs seen during the pandemic, when buyers were paying double, have now settled
Related:
The Hamptons: 2022-08-18 The summer blues! Haggard Bill and Hillary Clinton stroll down the beach in matching tops during annual Hamptons getaway - while marathon-runner Chelsea jogs nearby
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