Mountain Top Properties Inc. (MTPP) Set to Leverage Upon Hampton’s Price Resilience
Despite a high interest rate environment, Hamptons-based real estate has shown remarkable resilience over the past year Median home sales prices in the Hamptons rose by 1.7% in 2023 Mountain Top has partnered with On Site Builder Construction, a long-standing and reputed Hamptons-based developer to construct and market turnkey residential properties within the exclusive seaside enclave Against a backdrop of slowing economic growth, rising interest rates and weak consumer sentiment, it comes as no surprise that the U.S. housing market was largely on hold in 2023. Residential transactions were forecast to have fallen by 37 percent in 2023, with commercial…