SUMMER IS SAILING BY...

What on earth is the real estate market doing these days?

I hear that a lot. 

Truth be told the rental market is way down.
Why? 

Could be a perfect storm of sorts - a shaky  economy, some unsavory Montauk headlines, the new  East Hampton Town Rental guidelines and the fact that Montauk is changing. The changes are mostly positive; there are some great new stores, restaurants, coffee shops etc. However, change always gives us pause. 

That being said, there are a number of excellent rental houses to be had and owners are super 

negotiable! Renters are in the drivers seat. If you want to spend a few weeks in Montauk, this is a good time to do it because there are some really good deals.

Here's a sampling of a terrific rental house , walk to Hither Hills beaches, two bedrooms suites, all amenities , everything new and recently remodeled! Two week periods and/or August still available 

for 15K! 

If you're looking to buy a place, asking prices are holding but owners are more negotiable than ever before. If I could give you one piece of advice it would be to "make and offer". In the over one million range you will find there will be movement. It's really a great time to make a deal.  Montauk properties have always been very good investments. Purchasing a home is the best investment you can make and one you can enjoy for years! 

This beautiful postmodern home is just off of East Lake Drive with water views, garage, 4+ bedrooms, room for pool, and all the amenities. With room for a pool and near some great beaches and marinas, this is a great buy. Now asking $2,400,000. Exclusive.

HAPPY JULY 2016!! SEE YOU IN MONTAUK ! -Nancy