Category: Real Estate
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Rich New Yorkers flee to Hamptons, sparking $1 billion real estate boom
Throngs of wealthy New Yorkers who fled the city for the Hamptons during the COVID-19 lockdown and violent protests have decided to stay out East — and are fueling a massive real estate boom. In just three short months — from July to September — almost $1 billion worth of property was snapped up in…
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Hamptons real estate market sales smash records as wealthy flee New York City
Real estate prices in the Hamptons jumped 46% in the third quarter, as sales soared by over 50%. The median sale price in the Hamptons is now higher than Manhattan’s, at $1.2 million, as more of the city’s wealthy fled to the beach and remain there. CNBC’s Robert Frank CNBC Television video.
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Understanding 1031 Exchanges – Real Estate Investing with Grant Cardone
Today on Real Estate Investing with Grant Cardone, Grant explains the 1031 exchange and how you can use it to defer your taxes forever. E 10X Virtual Bootcamp at: https://grantcardone.com/virtual Where to follow and listen to Uncle G: Instagram: instagram.com/grantcardone SnapChat: snapchat.com/add/grantcardone. Website: grantcardonetv.com iTunes: itunes.apple.com Video Grant Cardone
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Manhattan experiencing surplus of unsold apartments as sales contracts plunge
The Manhattan real estate market was supposed to rebound in July, but instead there’s a glut of unsold apartments. CNBC’s Robert FrankCNBC News video.