i will pay 500k cash.i need a heated pool and 3bedrooms 2.5 baths....good coondition.......can i find something like that in this environment?

I did find something but it's in contract.

http://www.streeteasy.com/hamptons/sales/east-end/price:-500000%7Cbeds%3E=3%7Cbaths%3E=2.5%7Camenities:pool

drdrd.nothing there..tks

Yeah, those are all on the North Fork. To find something like that in the South, your best bet would be west of the Shinnecock canal, like Hampton Bays or Westhampton.

You could try bidding on homes in the 600s
http://www.streeteasy.com/hamptons/sale/374815-house-westhampton

now we are talking.......that seems like a nice place..........i think if i find something around 650k and offer 500k cash....people will bite?

I saw that one. The reason it's competitively priced is that you get tons of traffic noise. very loud.

I was also recently looking, and did not find any desirable properties in the price range you mentioned. if you're willing to goto the 700k range you'd have lots of options.

even if u pay w/ cash?..........might it be better to wait til after the summer?

A Corcoran broker is saying homes are selling 15% below asking...which probably means it even higher

http://therealdeal.com/newyork/articles/hamptons-sales-prices-way-below-asking-according-to-prudential-douglas-elliman

nice! its coming my way

WAIT er1to 9 Labor Day will come and the THOUSANDS of Sellers will Get The Meassage they are HUNG OUT till summer 2010 WITH NO RENTALs and Folding Brokers ..CHOPS ARE A COMING !!!

http://www.streeteasy.com/hamptons/sale/445384-anyhouse-19-gardners-lane-hampton-bays

I have a nice Southampton ranch house on 6/10 acre: 3 bedrooms, 2 baths, brick fp, oak floors, garage, finished basement, perennial gardens and pool.Original owener $659,000 Joan Seashell Real Estate 631 283-1133

Joan do you have a link to the house?

Typical Hamptons homes going 15% under ASK Tell Joan CUT to 569,000 before EVEN looking anonilicious After Labor Day the BIG CHOPS will wipe out Optimistic Brokers

how'bout 3B,2B ranch in WHB loaded. $799. Or new construction 2400sf 3B 2-1/2bth centr of WHB $875K
Available!

check it out...

http://www.streeteasy.com/hamptons/sale/417574-house-east-hampton

Cute, huh? Half an acre, I wonder if you could put a pool; I imagine so.

Is It Possible To Buy Property In The Hamptons Under $500,000?
What You Can Get Between $200,000 And $500,000

http://www.hamptons.com/Real-Estate/Top-Stories/9031/Is-It-Possible-To-Buy-Property-In-The-Hamptons.html

Apt_Boy, would you be interested in my garage?

Home resales in September clocked the largest monthly increase in 26 years as buyers scrambled to complete their purchases before a tax credit for first-time owners expires.
Sales jumped 9.4 percent to a seasonally adjusted annual rate of 5.57 million last month, from a downwardly revised pace of 5.1 million in August, the National Association of Realtors said Friday.
That pace was the strongest in two years and beat Wall Street forecasts. Sales had been expected to rise to an annual rate of 5.35 million, according to economists surveyed by Thomson Reuters.
"There's a mini-boom going on in the housing market," said Thomas Popik, who conducts a monthly survey of real estate agents for Campbell Communications, a research firm.

I may have to withdraw the garage option, Apt_boy

Brokers Relieved by Rosy Market Reports

By Kate Maier

(10/29/2009) Market reports from leading real estate agencies reflect a turnaround in the third quarter of 2009. Strong increases in luxury sales have bolstered median prices and the total sales volume in some areas of the East End.

Reports released by Corcoran, Prudential, Town and Country, and Suffolk Research Service all noted gains in sales volume and median prices in most areas and agreed that, on a quarter-to-quarter basis, there has certainly been significant improvement.

Give up Tiger.. The Big Declines are AHEAD of you not behind..Your wealth loss will be colossal But then again Obama Loves yah baby.. You love capitalism...now lets see it WORK !!

The real question is why all you rocket scientists on the fence didn't buy the good stuff in 1990s, with all cash and no mortgage. If I was able to do it, where you you brainiacs when the waterfront stuff was so cheap???

PS: You're welcome to visit, or even rent a room from me - even sunclaus1 if he promises not to steal the towels.

Yeah,,but Tiger Do you Love capitalism ? Why are all these New Listings showing up in the last 3 weeks or so ?? Are the Owners Cutting prices or not ? Dont take it out on us because your wealth is DISAPPEARING !!

there soo will be a second dip in the housing market. especially if oil price goes up and i think it will

Originally Published: CRAIN'S BUSINESS October 22, 2009 5:59 AM
Modified: October 22, 2009 9:35 AM
Hamptons real estate is suddenly sunnier
Sales jumped 50% in third quarter as prices fell 2.4%, signaling that the sharp declines in home values may be close to ending.

A release of pent-up demand in the Long Island enclave boosted home sales in the third quarter.
Where : New York; Long Island; Suffolk; Hamptons
Home sales in the Hamptons%u2014Long Island's beach oasis for the rich and famous%u2014are making a comeback. Sales rose 32% during the third quarter from the same time last year, according to report released Thursday.

Hey Sunclaus; let your white stubble grow a bit, and change your name to Santa. You might be able to haul your rear off the welfare roll for a couple of months with a nifty Macy's gig.

Dear Er 1 to 9
Julie Masson of Strough in Sag Harbor is selling her home and asking $599,000 good location but only 1 bath. better then Westhampton and you could always add a bath later but all else is there.
Tell her Stephanie sent you
I am also selling mine, but at a higher price and a great deal, so best of luck

Listing number

IN# 43265
REDUCED AND READY!
Owners motivated to get this property sold....substantial price reduction of $150K from original list price...Set amongst a lush oasis of green grass and gorgeous plantings, this truly turn-key 3 bedroom home is open, bright and airy. Featuring numerous upgrades including walnut stained hardwood floors, thermal windows and doors, recessed lighting, all new appliances and kitchen cabinetry and custom closet systems. There is also a full dry basement and pull down attic for additional storage. Outside the home has been professionally landscaped and features a sparkling swimming pool with brick patio, deck, and new roof. The landscape features a full irrigation system, stacked stone walls and steps, and a setting full of beautiful perennials, specimen trees and winter water views. Great location less than a quarter mile to Long Beach and just moments from the Village. Architects plans for expansion included in sale. Incredible deal at $575,000. Please contact Julie Masson of Strough Real Estate Associates (Sag Harbor), 1-631-725-2626, or Mobile 631-678-8690. Or, e-mail us at jmasson@strough.com.