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4 bdroom, 2 1/2 bath, (master br has own bath) country kitchen, LR, Laundry room, attached garage, gas fireplace, 1/3 acre. Walk to schools, Main St
Hampton Bays
List ID 5234
Rental
4 bedrooms
2.5 baths
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real estate news
The Federal Emergency Management Agency’s new preliminary flood insurance rate maps for Suffolk County show far fewer houses in the floodplain than when the last maps were completed in 1983—but Southampton Town’s stormwater manager is concerned that they do not take all of the potential flood areas into account. FEMA has been overhauling old flood maps throughout the country using new Light Detection and Ranging, or LIDAR, technology that is purported to be far more accurate than the methods used to create the existing maps.
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Most real estate transactions in the United States are conducted with someone representing the buyer in the transaction. On the East End, however, most buyers have gone into transactions without anyone acting on their behalf. That is changing rapidly as the market sours here. Michael Daly, who owned the RE/MAX Beach Properties franchise that closed its doors in Southampton due to the credit crunch this past summer, is hoping to fill the void in buyer’s brokerages on the East End by opening his own buyer’s agency, True North Associates, out of his North Haven home.
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