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Elliman Report: Hamptons Sales 3Q 2013

…The Hamptons housing market continued to see modest year-over-year price and sales gains, faster marketing times and less negotiability between buyers and sellers. Inventory began to return to the market, rising above prior year levels, but did not keep pace with the sharp rise in sales. There was a noticeable 2% rise in market share to 64.2% for sales below $1,000,000, primarily in response to the spike in mortgage rates before the beginning of the third quarter…

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