This image was lost some time after publication.

For those of you fearing that the inevitable (we hope) bursting of the real estate bubble may hurt your summer plans, we've got some good news. Reports the Post, "Median prices for single family homes in Southampton Village are up almost 70 percent since the end of 2004, almost tripling the gains of other haughty Hamptons hamlets [...] The median price now stands at $1.6 million, up from $945,000 at the end of last year."

Oh thank God. For a second there, we were worried our lily white beach cottage was going to be tainted by those nasty trailer folk across the highway.

Prices Sky-High in Hamptons [NYP]