Luxury summer rentals in the Hamptons have increased availability. According to CNBC reporting, Hamptons summer rentals are down 30% compared to previous years. The drop is as steep as 50% to 75% for ultra-high-end properties. Brokers told CNBC the slowdown is due to more than May’s cold, rainy weather. Behind the hesitation is something bigger: economic uncertainty that’s making even wealthy…
Read the full article here