A
s we enter 2025, the East End real estate market remains a hot commodity, captivating buyers, sellers, and investors alike with its unique blend of tranquility and vibrancy. Industry experts share their predictions for the year ahead, highlighting emerging trends, challenges, and opportunities.
Terry Cohen of Hedgerow Exclusives notes that despite ongoing buyer frustration due to a tight market, new projects are underway, particularly south of the highway, which will drive increased transaction activity in 2025 and beyond. The rental market is also robust, with strong demand for summer properties.
Bonita DeWolf of Christie's International Real Estate Group expects the market to stabilize and show growth as buyers who have been waiting on the sidelines enter the market. She emphasizes the importance of pricing properties within an attractive range to attract buyers and tenants.
Randi Ball of The Agency predicts a high-volume year, with ample inventory satisfying buyer demand and potentially cooling off extreme home price rises. Greg Schmidt of The Corcoran Group is optimistic about Hamptons real estate in 2025, citing increased inventory and buyer interest following the election.
Meka Brown of Douglas Elliman sees 2025 as a year of evolution for both herself and the market, with North of Highway emerging as a significant player. Rich Dec of The Corcoran Group notes that while the past year has been steady, recent market hesitation may indicate leveling-off home prices. Aleksandrina Penkova of The Corcoran Group anticipates increased inventory levels and stabilized prices in 2025.
Industry experts share their hopes for the market, including a strong overall performance, more opportunities for buyers at every price point, and realistic expectations from sellers. They also highlight personal goals, such as adapting to market changes, refining service levels, and maintaining a healthy lifestyle.
realestate
Real Estate Summit: Market Outlooks and Industry Hopes
The Hamptons' allure persists in 2025, captivating buyers with luxury, tranquility, and vibrancy.
Read More - realestate
realestate
Brown & Riding Names New Real Estate Practice Head
Veteran leader with industry expertise and regional insight
Read More - realestate
realestate
LA's affluent neighborhoods face gentrification threat from investors
Fires may exacerbate LA's affordability crisis, pricing out low-income residents and making the area exclusive to the wealthy.
Read More
realestate
Charming Paws Expands to Grafton, Wisconsin Location
Charming Paws Expands to New Location in Grafton, Wisconsin