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Real Estate
COVID-19: NYC Exodus Fuels Massive Hamptons Real Estate Boom COVID-19: NYC Exodus Fuels Massive Hamptons Real Estate Boom
Covid-19: NYC Exodus Fuels Massive Hamptons Real Estate Boom Manhattan’s loss during the COVID-19 pandemic may have been the Hamptons’ gain, as New Yorkers flooded east to avoid the density of the city and have been looking to make the area their home. Since the pandemic first made its way to the East Coast, there has been a mass exodus of New Yorkers who made their way to second or rental homes on Long Island, with many not coming back, even as the state’s infection rate has stabilized. According to a new report from Brown Harris Stevens, the market remains robust, in just a few months, between July and September, nearly a billion dollars worth of p…

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by Zak Failla
Real Estate
Suffolk Home Prices Hit Highest Mark In A Decade Suffolk Home Prices Hit Highest Mark In A Decade
Suffolk Home Prices Hit Highest Mark In A Decade Prices of homes for sale in Suffolk County in May were on average higher than they have been in 10 years, according to Long Island Business News. The average home price on the market in Suffolk County is over $400,000, representing a 3.8 percent rise from $405,000 last year in May, said the article.  Click here for the story in Long Island Business News.

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by Donna Christopher