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Hamptons Market: Battle for Few Listings | Real Estate News
The Hamptons real estate market is hotter than ever, despite a severe shortage of homes for sale—2,500 agents are fighting over just 1,400 listings. Luxury demand soars, fueled by Wall Street bonuses and record-breaking deals like the $115 million sale, pushing prices even higher. Top brokerages like Compass and Douglas Elliman dominate with over $11 billion in sales, relying on agents to dig deep and stay connected. Sellers hold out for top dollar amid high interest rates and economic uncertainty, while buyers aren’t in a rush—creating a standoff. With fewer homes on the market, the race for…
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