North Fork real estate is red hot—here’s what it means for you
There is a certain amount of anxiety homeowners typically experience once they find and bid on a property they like. Some need to sit on their fingers to avoid texting their realtor for updates. Others spend hours crunching the numbers in case the seller counters or they are outbid.
This year on the North Fork that’s more the norm than the exception.
Sheri Winter Parker, licensed associate real estate broker, The Corcoran Group, said a bid her clients put on a two-bedroom, two-bathroom cottage in Cutchogue this month was one of nine made on the property that had one day of showings and had been on the market for less than a week. It was accepted — and just over 25 percent of the listing price.