Posted on Wednesday June 10, 2015 8:45 PM
by Joseph Kazickas Comments Off

Cove Road

As we move through June and rental enquiries begin to ebb we can pretty much come to the same conclusions about the Hamptons rental market as we usually do this time of year: we are in a market which is chronically over-supplied, relative to demand. For our part our rental volume has increased year over year following what was universally regarded as a dismal 2014.
So it is pretty hard to characterize the market as strong or weak. As an owner if you were successful in finding a tenant it was a great rental season. If your house, which always has rented by February, still lacks a tenant then it’s a bad rental year.
But here’s a hard fact…there is still a lot of inventory available, including this interesting situation in Sag Harbor pictured (above),

or this delightful property over looking Accabonac Harbor (below).
Duke Accabonac