The endogamy in New England is nowhere near as significant as the endogamy in the Ashkenazi population, but I think there's some reality to it. The "Great Migration" settler population of New England was only about 40,000 people (including family members of heads of households). There was some augmentation by subsequent arrivals, but the population of New England before the Industrial Revolution was derived in very large part from the progeny of those 40,000 people (an unusually large fraction of whom had large numbers of children who survived to have large families of their own). It seems likely that the explosion of New England's population from that relatively small founding group would lead to a high degree of relatedness.
I see it here -- if another WikiTree member with reasonably well-developed genealogy and substantial New England ancestry is identified in RelationshipFinder as a 6th through 9th cousin to me from a New England line, chances are good that we have several other cousin relationships at the 6th through 10th cousin level -- and that's without accounting for the situations where an ancestor appears multiple times in our trees because close cousins married each other and increased our "DNA dose" from their ancestral lines.
In one case, Gedmatch showed me a DNA match to another member, with an estimated 4.8 generations to the MRCA. I compared us in Relationship Finder here, and found that we have two full 9th cousin relationships, plus a half 9th-cousin relationship, two 9th cousins twice removed relationships, two full 10th cousin relationships, a half 10th cousin relationship, and more -- 51 common ancestors within 15 generations (not counting ancestors who repeat in our trees). We appear to be closer cousins than we are because we descend from the same interconnected population!