In the latest installment of Broker's Outlook, Hamptons Online asks Town & Country's Nancy McGann its roster of questions about the confused East End market. McGann believes real estate will stabilize 'over the next 12 months', but notes her concern about inflation and the increased interest rates that follow. As for home buying trends, McGann has seen a shift towards 'light and bright homes', 'simply done with updated kitchens...'. A departure, she says, 'from the early years here when...kitchens were not a place for guests.' Ah yes, the good old days. [Hamptons Online]
Filed under: