Real Estate

On January 21, 2015, the Supreme Court agreed to address the issue: does the law require that the discrimination be intentional, or does it allow plaintiffs to claim "disparate effect," a discriminatory effect regardless of intent?

According to a recent New York Times article, the average rate on a 30 year fixed-rate mortgage was 3.8%, the lowest since May 2013, and far below the 5% plus-rates of early 2011. Just how mortgage interest rates affect the a-typical Hamptons real estate market were questions I posed to Christopher Minardi, Branch Manager of the East Hampton...

Before you put an offer in for a cabin on the lake or condo in the mountains, consider the realities of owning a second property.

"There was something magical about the place," Camuto said during a feature about the home in Architectural Digest.

In December 2014, Fannie Mae published a national survey which included some interesting findings. But what does all that mean for the Hamptons market? For the East End point of view I asked several Hamptons brokers for their views on the 2015 market.

"We wanted to dedicate this session of Architectural Sessions to talking about and acknowledging architectural projects that are motivated by a sense of service," said Maziar Behrooz, moderator of Architectural Sessions at the Parrish Art Museum.

If you're a bit out of shape in the financial department, don't try to change everything overnight.

I have been reflecting on the past year, in fact, the past eighteen years that I have had the opportunity to teach real estate classes in the Hamptons and New York City. I am using this occasion to share what I have learned with our Hamptons.com readers.

Set adjacent to an open reserve this sprawling Sagaponack estate just closed for $6.95M. A short jaunt away, also in Sagaponack, a vacant parcel just sold for $9.75M. We wonder what the new owners will build this year, don't you?

For the few short years that Sagaponack has been its own Incorporated Village real estate prices have skyrocketed. The zipcode is hailed as the "Most Expensive" in the United States with good reason, an oceanfront estate in this Hamptons burg can close for $27M on any given day, and it did just that recently.