A FEW REASONS WHY 2024 WASN’T SO GREAT!

It’s been far too long since I last posted, and my brain feels like an overstuffed suitcase of annoyances I can’t zip shut. Before I can move forward, I need to vent and get the most maddening trends of 2024 off my chest. From the annoying to the infuriatingly bad, the Hamptons delivered its usual cocktail of glamour and absurdity this year. But some moments just demand a proper takedown. So, let’s dive into the highs, the lows, and the eye-roll-worthy trends (I won’t even bring up the “Housewives” of the Hamptons) that need to be unpacked before I can clear my head and move on.

WORST FASHION TREND OF 2024: There’s nothing quite like spotting a city slicker decked out in head-to-toe designer gear, accessorized with an Amber Waves Farm hat, as if they just finished milking cows instead of sipping a $30 rosé. Newsflash: it doesn’t make you look cool, and it definitely doesn’t make you look earthy. That hat isn’t a shortcut to farm-to-table authenticity—it’s a neon sign flashing “I’m trying too hard.” The vibe isn’t rustic charm; it’s urban douchebaggery with a side of performative granola. No offense to Amber Waves btw… love the place and yes i have the hat but with a Brunello Cucinelli outfit head to toe is more than I can stomach. If you want to buy a hat but promise not wear it with Prada shirt… click here!

Worst Food Trend – There’s a troubling craze in the Hamptons dining scene: restaurants with way too much attitude. You know the type—where snagging an 8 o’clock reservation feels like winning the lottery, only to arrive and find your table isn’t ready. But wait, don’t even think about sliding up to the bar for a drink to kill the time because those spots are apparently “reserved” for people with a reservation. Make it make sense! While I’ll spare actually naming the offenders , let’s call out that place in Sag Harbor for leading the charge. This might fly in NYC, where the vibe thrives on exclusivity, but in the Hamptons? It’s just pretentious—and honestly, exhausting. Honorable mention: XXXXX on Shelter Island for too much attitude.

Worst Media Trend – Another bad trend taking over the Hamptons? Those endless “Top 10” lists. Every publication, website, and influencer under the sun is churning them out, all vying for ad dollars. And surprise, surprise—guess who always makes the cut? The store, the landscaper, designer, plumber, pizza place, and yes, even real estate agent who happens to advertise with them. Shocking, right? My inbox is constantly bombarded with these “best of” compilations, and honestly, I take them with a grain of salt. The only time I really perk up and pay attention? When I’m on the list. Funny how that works.

Worst Landscaping Trend – The Hamptons has a sign problem—everywhere you look, there’s another one cluttering the landscape. Yes, we’re all used to the sea of real estate signs, but what about the ones for builders, designers, landscapers, and politicians that seem to take up permanent residence? Most real estate agents at least have the decency to take their signs down as soon as a property sells, but if the house sold three years ago, why is the designer’s sign still camped out front? This is supposed to be a bucolic retreat, a break from the hustle and bustle of city life—not a patchwork of advertisements making it look more like Long Island City.

Now that I’ve aired my grievances and taken aim at some of the more annoying trends plaguing the Hamptons, I feel like I can finally exhale. Consider it a little housecleaning for the soul—a necessary purge to clear the way for a brighter, more positive outlook. Yes, I know, I’m a bit of a Grinch. But hey, even the Grinch had a change of heart, and so can I. With the venting out of the way, I’m ready to turn my focus to the good stuff ahead: the moments of charm, beauty, and joy that make this place special. Here’s to a fresh start and a year worth celebrating—minus a few extra signs and attitude-filled bars, of course.

Love (& REAL ESTATE) in the Time of Corona.

Like a fine wine or a new Nicholas Sparks novel, all good things take time.    It’s been months since I’ve taken pen to paper to put down my thoughts in the gem that is known as Hamptons Chatter.     Well, there is no time like now to get started and leave 2020 behind and look toward 2021!     Will the Hamptons steroid infused market continue?    What about the rental season?    While I wouldn’t dare to say I have any sort of crystal ball I am comfortable in telling you what some top economists and real estate experts are predicting.     Reminder these are about “National Trends.”   The Hamptons is traditionally a unique market.     But, right now due to Covid-19 epidemic a large number of NYC residents have now claimed the East End as their primary residence.   That has now pushed us IMHO to a more traditional “primary home” market.      As for rentals the inventory is limited, demand is high.   So,  look for another banner year for Hamptons rentals demanding higher than normal prices.   

Recently Sold home in Bridgheampton.

Four Expert Views on the 2021 Housing Market

The housing market was a shining star in 2020, fueling the economic turnaround throughout the country. As we look forward to 2021, can we expect real estate to continue showing such promise? Here’s what four experts have to say about the year ahead.

Lawrence Yun, Chief Economist, National Association of Realtors (NAR)

“In 2021, I think rates will be similar or modestly higher, maybe 3%…So, mortgage rates will continue to be historically favorable.”

Danielle Hale, Chief Economistrealtor.com

“We expect sales to grow 7 percent and prices to rise another 5.7 percent on top of 2020’s already high levels.”

Robert Dietz, Senior Vice President and Chief EconomistNational Association of Home Builders (NAHB)

“With home builder confidence near record highs, we expect continued gains for single-family construction, albeit at a lower growth rate than in 2019. Some slowing of new home sales growth will occur due to the fact that a growing share of sales has come from homes that have not started construction. Nonetheless, buyer traffic will remain strong given favorable demographics, a shifting geography of housing demand to lower-density markets and historically low interest rates.”

Mark Fleming, Chief Economist, First American

“Mortgage rates are expected to remain low for the foreseeable future and millennials will continue forming households, keeping demand robust, even if income growth moderates. Despite the best intentions of home builders to provide more housing supply, the big short in housing supply will continue into 2021 and likely keep house price appreciation flying high.”

Bottom Line: Whether you’re ready to buy, sell or rent a home in 2021, if you’re planning to take advantage of the market this winter, let’s connect to talk about the opportunities available in our local market.

www.eatalyathome.com

Some good news if you’re a city dweller missing your fix of salumi , mozzarella or panna cotta from NYC. In particular, if you miss the goodies at Eataly. The italian emporium is now doing weekly runs to here in the Hamptons. Just go online to www.eatalyathome.com by Tuesday 12 noon and create a shipment or pick one of their curated boxes and place your order. Then on Friday afternoon go to the designated drop off point in your area and pick up your belissima bundle.