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Market Musings

No matter what market reports tell you, fact is Hamptons prices have come down a tiny bit. And Sotheby's power broker Harald Grant has some insight on this phenomenon. He explains that, in the wake of lackadaisical sellers with dead-set asking prices, there's a new crop of sellers who "have become aware that they have to price their homes accordingly." As a result, "there's a perk in the market because a lot of prices have come down to where they should be." [WSJ]