Where or Where Do Those Hamptons Buyers Come From? The Big Apple

Published September 14, 2012 by Candy Evans

This is pretty cool to those of us obsessed with second or vacation homes. Which is, like all of us. Everyone knows that the Hamptons is the vacation home playground of Manhattan — or it is? Actually, yes. A cool blog called PropertyShark did all this research to find that 35 percent of Hamptons vacation homes are owned by Manhattanites, who have poured $20.8 BILLION into homes here, paying $100 million in property taxes.  Overseas buyers own only about 100 vacation homes in the area, with three quarters of those owners hailing from Britain.

I’d like to do this with Colorado and Santa Fe. I’ll estimate 25% of vaca homes in those states are owned by Texans… what do you think?

— Daily Local Real Estate Dish By Dallas Real Estate Insider — Candy Evans at CandysDirt.com