Posted on Tuesday April 2, 2013 7:42 PM
by James Young Comments Off

Apparently the Hamptons isn't all Shingles and Gambrels

Yes, it’s true the Hamptons are having a great rental season in 2013 and Rosehip Partners is riding the wave. Our website Hamptons Rentals generates a steady stream of leads every day and our agents distinguish themselves with superior service to their homeowner clients and rental customers. We are happy to report that our Principal Broker, James Young was quoted in a recent New York Times Article about the hot Hamptons Real Estate Market and in particular the extraordinary demand for rentals in Montauk. “Montauk is on fire!”

A couple quick points about the general rental market this year.

  1. Maybe it’s Rosehip’s excellent representation of our Landlords, or maybe it’s the market, but our 2013 deals are happening at 90-95% of full asking price.
  2. The demand for shorter term holiday rentals, the bane of the realtor’s existence, continue to increase.
  3. Somewhat paradoxically, the demand for year ’round rentals is higher this year than any season in recent memory

And what does all this mean? Who knows.