What a number of Island real estate professionals called “shocking” was news that the Community Preservation Fund (CPF) numbers — a good indicator of sales — for the first five months of 2018 were down by 41.3 percent from the same time last year, while numbers for the CPF on most of the East End are increasing. (more…)
REPORTER FILE PHOTO
Look for an upturn in the Shelter Island real estate market in the first quarter of 2016.
That’s the consensus from Island professionals who have weathered what most have termed a frustrating 2015.
Saunders’ Penelope Moore summed it up, saying she’s always looking at trends, and 2015 was “a very unusual year” compared to others. (more…)