This week, the Shelter Island real estate market continued to revolve around rentals for portions of May, June and July. In a continuation of what has been experienced over the past month and a half, when asked preference of move in and move out dates and any special requests, customers generally reply with very basic criteria. Following an exhaustive search to find homes that best fit the Continue Reading
Real Estate Amidst the Pandemic- April 16, 2020
The activity during the week after Easter has been a continuation of phone calls with customers seeking rentals, many consisting of unusual dates and some in a category of Champagne tastes and beer budget, with no particular preference for Shelter Island. The flood of inquiries for the time frame through mid May has slowed to a trickle, with current inquiries for June and July. Many Landlords who, Continue Reading
Shelter Island Rentals and the Coronavirus Pandemic
Activity over the past week while in stay-at-home mode centered around rentals; countless conversations, searches, having leases drafted, and pandemic related complications, including tenants who signed leases prior to the outbreak wanting to cancel due to employment layoff, worry about the future, or simply wanting to switch rental homes from one to another. On the evening of April 1st, NY Continue Reading
Message of Strength and Hope from Queen Elizabeth II during the Coronavirus Outbreak
In a rare broadcast today to the United Kingdom and Commonwealth — only the fifth in her 68-year reign — Queen Elizabeth II said “we should take comfort that while we may have more still to endure, better days will return: We will be with our friends again, we will be with our families again, we will meet again.” Her message is one of reassurance from which we can all gain hope and Continue Reading
Practicing Stay-At-Home Real Estate
Practicing Stay-At-Home Real Estate April 1, 2020 This past Valentine's Day, seemingly an eternity ago, the rental market was picking up, and sales activity was steadily progressing. Customers who had taken time off of their home search during the winter were coming back to buy a house to be in residence for the summer. This changed in the first week of March, when customers began calling Continue Reading
Shelter Island Real Estate and the Coronavirus
Rentals on Shelter Island: During the beginning of the first week of March, inquiries for rentals with immediate availability through the end of April began trickling in from customers wanting to leave New York City to come to Shelter Island. A few days later activity on the island was palpably different, with more walk-in visitors to the office, people strolling with baby carriages and suitcases Continue Reading
Thanksgiving 2019 on Shelter Island
As autumn on Shelter Island settles into the early winter, with red and orange hues followed by freezing cold snaps and then brilliant sunny days with photogenic dusk, the real estate season continues with the warmth that was experienced in the summertime. Sellers often wonder if they should pull their listings once beach days have come to a close, however buyers do not necessarily follow a Continue Reading
Columbus Day 2019 on Shelter Island
For the most part, one would not suppose that summer has passed and autumn has arrived with all of the glorious days we have had since Labor Day, however the miles of traffic from enthusiastic pumpkin pickers on both the North and South Forks tell otherwise. On Shelter Island, the real estate traffic has been as enthusiastic and brisk. In contrast to the summer market where real estate Continue Reading
Labor Day 2019
August 29th Market Report by Penelope Moore To see the text below as a PDF click here With Labor Day weekend right around the corner, many people are asking how the summer flew by so quickly. Most of the traditional summertime events have come and gone: the 10K Race, the Fireworks, the Vintage Car Show, the Crafts Fair, the Chicken Barbecue. With the Snapper Derby this weekend, summer's Continue Reading
Shelter Island Market Report August 1st
Summer Transitions in Real Estate To see the text below as a PDF click here The days toward the end of July and in the beginning of August represent a transition during the summertime when July rentals end and tenants vacate, houses are inspected cleaned and prepped for incoming August tenants and sellers evaluate how the home sales are progressing. During the same time frame in 2018, Continue Reading
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