MONDAY MORNING MARKET REPORT…. HAMPTONS WEEKEND ACTIVITY!

 

One of the first questions I get asked every week is “how busy was the weekend?”   Here in the Hamptons, the real estate market (IMHO) really sees most of it’s action Thursdays – Sundays.   It makes sense since we are a secondary home market that most buyers come on the weekends to take a look.   That being said, I’m going to try on Monday mornings to quarterback the weekends activity!   I mean we all get those market reports but in a world where everyone wants instantaneous information this is my attempt to satisfy that need.    From now on every Monday I’ll be posting my “MONDAY MORNING MARKET REPORT.”

The results of this little “report” are not very scientific but I’m trying to make it as accurate as possible.   It is compiled from a cross section of about a dozen broker and agents from different companies and all have more than 5 years in the business and have at least a hand full of listings and are actually earning a living.    It’s a “Hamptons Chatter” exclusive and hopefully more accurate than a Brian Williams special report broadcast but not quite as detailed as PBS’ Newshour.

The weekend of February 6th-8th has traditionally (this time of year) been a slow to moderately busy weekend for Hamptons real estate and this year was pretty much on par with last.    While Internet traffic has been steadily increasing with a a big bump back on MLK weekend, the cold and icy weather put a damper on actual showings and appointments.   Homes with un-plowed drives and walks covered with snow made it difficult for buyers, renters, sellers and agents.     Some agents have also mentioned homeowners concerns with liability issues over icy and dangerous walkways.

Rental traffic has also been effected by the bad weather.   While there is still ample rental inventory, homeowners are choosing to hold out for whole season rentals before breaking down to monthly terms due to the slow traffic.    We can also expect to have more rentals to be added to the market as agents continue to update from 2014.

The above factors have impacted overall activity and influenced it’s grading as a “C” weekend.  This is on a grading system of “A” being extremely busy and an “F” being dead as a door nail.   Look for a jump next weekend as the President’s Day Holiday has traditionally been a busy time for everyone on the East End.

Meanwhile, since so many Hamptonites have been hunkered down and snowed in more times than not these past few days,  I have a suggestion that will make that time in front of the fire and flat screen a little more bearable.   Why not grab a box of wine?   Yes, a box of wine.    But before you roll your eyes, I’m here to tell you these aren’t your “cheese cubes and Ritz crackers” boxes of wines.   With some of the biggest and best vineyards in Europe and California already boxing their potable spirits, it was only a matter of time before Long Island vineyards joined the trend.  If you don’t believe me, check out this article from Edible East End … it’s worth the read!

So remember, stay warm be careful on the icy roads and remember to top that box to get the last drop!  Cheers!

 

A WEEKEND WITH THE DUKE & ALEC… STACKS OF CONTROVERSY IN SAG…. BADLY BEHAVING BEAGLES!

Curious what to do this weekend in the Hamptons?  Well here are a few suggestions to keep yourself from going totally nuts with cabin fever!

One easy thing you might want to consider is going to see a good movie.    So what’s playing in down this weekend?  Let’s take a look.

Wait, I don’t know a single one of these movies!  FULL TIME?  Is that a porn flick?    Where is “Jupiter Ascending” or at the very least “March of the Penguins”….. which I think is still playing here!  Oh wait, “Managers” isn’t that the direct to video movie with Dane Cook?   Well if none of these titles appeal to you Pilgrim, maybe you’d want to go see John Wayne in “The Searchers” at Guild Hall.  Alec Baldwin is hosting another in the Hampton’s Film Festival’s Winter Series with a special screening of the John Ford Classic.   For more information you can try clicking here!     Personally, I’m still waiting for them to host a screening of director Jack Smight’s masterpiece “Airport 75.”    It’s an epic story which analyzes man’s inhumanity to man in the metaphor of a 747 without a pilot!    Helen Reddy’s tour de force performance as Sister Ruth and Charlton Heston’s romantic chemistry with George Kennedy… it’s no wonder why this epic is considered a classic!

Stacks and stacks of controversy!  The new Harbor Market!

Meanwhile, if you want something with a little more drama you can go online and read all about how some residents of Sag Harbor trying to stop the opening of a new market!   The Harbor Market and kitchen is to be located at the site of the old Espresso!    Apparently neighbors are fuming over an upgrade in the ventilation system and what is being perceived as a potential new noise maker!   Now Espresso has been there for years and some are criticizing local residents for trying to have things their way…. after the fact.  Meanwhile opponents are saying it’s just a bit too industrial for a residential neighborhood.      Now we all know it’s hard enough with all the regulations out here for small businesses to survive.    So, I’m not getting into the fray here but I do think sometimes those who live in illegal glass houses should be careful before throwing stones!

Busted! Bella trying to hide her butts!

Finally, longer days can’t come fast enough for me… when is daylight savings time anyway?  But while I’m wishing for warmer longer days, I am going to share a little something that makes spying on my dogs Bella and Russell in the backyard at night a little easier.    They’re called NightIze and they sell for about  $6 on Amazon . It’s as simple as a a clip on a collar and squeeze on the light to use.   Do they work?   Well let’s just put it this way, I’m finding a lot less strange dogs hanging around ….and no more cigarette butts and beer bottles from my two trouble makers going outside.

I hate when my dogs smell like tobacco!

p.s.   I don’t have an editor on this blog, I’m just happy I’m getting it done.    I’ll fix it over the course of the next few days but lighten up folks… I have another job!

Snowpocalypse… Snowmageddon….. Blizzard ’15. Here are the pictures!

OK, so this is a good transition blog for me.   I took some time off to recharge my creative juices.     So look for a new blog tomorrow.  I promise.  In the meantime, I took a drive around town so you don’t have to go outside.

Yes……. I have to include Bella and Russell!

5 REASONS WHY ‘HOME GOODS’ IS ACTUALLY GOOD FOR WAINSCOTT!

The future home of Home Goods in Wainscott.
In case you haven’t been paying attention, there’s been a lot of complaining about the new Home Goods Store currently under construction in Wainscott.    The building has been criticized for everything from being too close to the road to out of character for the Hamptons!   Really people?  Really?   It has cedar shingles, dormers and is no bigger than some guest cottages here on the east end.  It’s also alot better looking than the old Plitt Ford car dealership.  So why all the fuss?!!!  Well I guess some people here in the Hamptons have nothing else better to do.  So, that’s I’m here to put some of these Debbie and Donald Downers in line.   Besides, if you people stop the new Home Goods from coming to town, where else will I be able to buy an irregular coffee table, brand new Patrick Nagel prints or discontinued Isaac Mizrahi soap dishes?   In fact, there are bigger ugly fish to fry.  So, how about doing something with these local eyesores?

Located at the Hamptons Jitney stop in Wainscott, these cement benches are part of the welcome gate to some of the most expensive real estate in the country.    But admit it, you too thought they look like someone plucked them straight out of Pinelawn.  There is nothing attractive about these benches.   How about some Adirondack Chairs or perhaps a nice rope hammock? Those would be more Hamptons and you won’t need a Mary grotto to make it look complete!

A yabba dabba don’t!

It’s dusty, it’s rocky and it looks more like the gateway to Bedrock than the Hamptons!   Hello why can’t they make the quarry of Southampton Masonry more attractive!?   Yes, it’s a quarry but there is no reason they can’t plant some nice shrubs or something.  I mean,  use your imagination people!   Hire a talented landscaper and put some flair back on route 27.   Since it’s a rock pit and already looks like a home for a prehistoric family, why not add a Bedrock/Flintstones theme?!  Stop by the place in Southampton with all the dinosaurs out front.   I personally would love to see some Dino or Fred topiary!   It could be the year round Pumpkintown for Wainscott.   Besides, selling $20 juice boxes and souvenir photos with Fred and Wilma could be very profitable.

Holy creepazoids Batman, how come nobody is complaining about this seasoned greeting in Wainscott? Is it the pale complexion? Is it the beady eyes or the gaping open mouth that I find so odd?   I’m frightened every time I drive by!   This Santa looks like he’s an advertisement for Jerry Sandusky’s Christmas Kayaking adventure Camp.   I have nothing against Main Beach surf shop, Kayaks or even Santa but that mannequin is scarier than H-E-Double hockey sticks!!   There has to be a friendlier looking figure to go into this boat ? What about a real guy in Santa outfit or simplify with some holiday lights on a kayak without anybody on board?
Let’s hide behind the chainsaws!

You know that commercial for Geico on the air now?  It’s a group of teenagers running away from a Freddy Kruger kind of character and they make a “bad decision” and run into a creepy barn with chainsaws everywhere… well they filmed that here.   Yes, the former Star Room and Swamp location is scarier now than it was when it was littered with self entitled 20-somethings driving their Ferrari’s and Lamborgini’s and sipping $1000 bottles of D.P. at their reserved tables.   I’m not sure why this building hasn’t sold yet…. all it needs is some paint and a bulldozer!    Hey, what ever happened to CVS going in there anyway?

Finally, there is “Home Sweet Home Moving and Storage.”   It’s a good moving company and in fact, I recommend them to clients frequently.  But address the elephant in the room.  There is NOTHING “homey” or “sweet” about corrugated tin buildings.    Perhaps if they did a big needle point on the side of the building it would seem a lot more home sweet home like.  Think the old logo for the game show “Family Feud” being placed on the side of the building.

Time to wrap this up.  Other than the simple fear of an unintended drive through, the building is attractive and done by a group of professionals who in my opinion did a good job of keeping within the area’s aesthetic.    The business will bring jobs to the area and help a lot of residents pull a home together on a tight budget.    Let’s not waste our breath complaining about what is essentially a nice building that will help the community while there are empty shelves at the food pantries and actual homeless folks on the street!  Happy Holidays and remember you are lucky and blessed you live in one of the most beautiful places on earth!