Aspen down 27%, listings in Hamptons up 82%, what does this mean for real estate?

Aspen down 27%, listings in Hamptons up 82%, what does this mean for real estate?

  The Hamptons have increased inventory by 82%  to the highest level in 12 years.  At the same time sales fell 35% last quarter to their lowest since 2009 (Bloomberg).  In Aspen, another ultra-high-end market, sales are down 27% on single family homes from 1.2B...