Thursday, March 26, 2015


DID SOMEONE SAY SPRING?

St. Patty's Day weekend in Montauk has now come and gone and the calendar says it's spring
but the reality of "spring" has not yet set in. I say spring starts when I stop stepping over the dirty pile of snow outside my office. 
Despite those pesky piles of snow, the real estate market continues to be busy here in Montauk. So much so that I'd even wager to say that a majority of the decent priced inventory has gone to contract. March-April is often a transitional time of year when we are between listings, meaning that, come early May new properties will hit the market place. If you haven't bought yet, it is safe to say you may want to wait a few weeks. Strange to hear a realtor tell you to wait, but seriously, wait a few weeks.  Warm weather is just around the corner, the earth will be turning green once more, the beach will be ideal for dog walks and bon fires and it will be the perfect time to take a ride out to Montauk with your check book. 
Right now, do your homework, connect with a good mortgage broker, make a list of questions you want answered, line up an attorney you feel comfortable with and find out what closing costs are so that when you find the perfect home by the beach you will be ready, able and willing to close fast and be in before summer.
If you are looking for a rental on the other hand, we have many good choices, a nice selection of homes. A minimum stay is two weeks and sorry but NO GROUPS. Many people are not aware of the East Hampton Town Code which limits rentals to no more than four unrelated people per residence and no weekly rentals. If you just need a week, I would recommend you look at Montaukchamber.com and their list of resorts and townhouses that will do weekly. 
See you at the beach and THINK SPRING!- Nancy