According to Pat Ammirati of The Real Estate Report Inc., there were 100 deed transfers last week on the East End. This is a significant milestone. According to Pat, in the past 3 years there was only one other single week period that hit 100 or more — it was May 6, 2011–when 120 deed transfers were recorded. During the past 3 years, the average weekly figure has been 51. Town and Country will be monitoring these weekly numbers closely.
Stay tuned.