From what we hear from friends and acquaintances looking to buy, the market is heating up, at least on the lower end. For example, we understand that the house pictured here, a charming 1860 property in the Amagansett Lanes, which was listed late last week, had several offers over asking price as of Friday. Ask was $2.1M; for that you get a 2000sf fixer-upper with four bedrooms and 2.5 baths and 0.65 of an acre of land. We hope it's sold to someone who wants to spruce up the old house rather than a developer who will tear it down. If anyone knows more, you know where to reach us.
· New Listing in the Lanes [Corcoran]