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

BEACH HOUSE ANYONE?

Whoa Nelly, the real estate market here in Montauk has not skipped a beat and it may be January, and we may have two feet of snow, but people are scooping up houses like you wouldn't believe! It's an exciting time! 

Priced to sell, a great listing will be on the market no more than a few weeks. Smart investors are catching the wave with other buyers who regularly surf our site and are taking advantage of a  twenty year low  in interest rates.  Omg, interest rates are at 3%  for qualified buyers. If you are procrastinating a bit, taking your time and waiting for the perfect situation, it's time to stop looking and start buying or you'll miss some good opportunities. 

 Television series like " The Affair" have continued to put us on the map. NO, not everyone out here is having an affair with a local girl (smh) but to the show's credit, the publicity has been good and once Hollywood finds you things will never be the same. That's so true for our real estate market. Montauk is hot, hot, hot! 

Homes are priced to sell and sellers are getting close to their ask.  I wouldn't say it's a buyers market OR a sellers market. It truly is a  healthy market with deals being made that send everybody walking away from the closing table happy. 

If you've been dreaming about a second home in Montauk, it's time wake up and smell the coffee. 

Give us a call or you'll miss out on some really great listings. Ditch Plains continues to be the surfing capital of the NorthEast and we have a newly listed, fabulous beach house  for you located directly across from the ocean beach.  Exclusive with our office, it's offers 4 bedrooms, A/C, fireplace, and lots of decking. Recently remodeled and ready for you to move in, it is the quintessential "beach house". Don't  miss out and let a little snow scare you; I have a snow shovel and I'm not afraid to use it!

See you at the beach! Best, Nancy Keeshan