Happening In The Hamptons - Real Estate Podcast

Episode 241 - The Miller-Fox Team

Saunders & Associates Season 8 Episode 241

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0:00 | 18:10

Discussing The Holidays In The Hamptons

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Happening in the Hamptons is powered by Saunders & Associates, the #1 locally owned real estate brokerage in the Hamptons, and Hamptons.com, the Hamptons’ leading lifestyle brand for what to do, where to go, and what’s happening across the East End.

Each week, Happening in the Hamptons covers the people, properties, market trends, events, restaurants, local businesses, charity happenings, arts and culture, and community stories shaping life on the East End. From Hamptons real estate and homes for sale to weekend events, waterfront living, village life, and local lifestyle coverage, the podcast brings a grounded, local perspective to one of the most iconic markets in the world.

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Andrew Doud

It's Thursday, everyone. I'm Andrew Doud. Time for our Happening in the Hamptons podcast, our weekly breakdown of the Hamptons market, new listings, and events on the East End. We are sponsored as always by New York Title Abstract, the Hamptons leading title insurance firm. Visit New YorkTitle.com. Today we are back from our Thanksgiving episode. Yep. So we have Steve Glick, Dave Rattiner, and joining us today. Talia Miller and Lisa Fox of the Miller Fox team. How are you?

Tahlia Miller

Good morning. We're great. We're great.

Andrew Doud

Welcome in. A quick thank you for the holiday treats. Yes. Now that we're in December, people generously stop by with cookies. Love it, yeah. And it turns out that Talia is an excellent baker.

Tahlia Miller

Thank you.

Andrew Doud

So these are great.

Tahlia Miller

Thank you.

Andrew Doud

Um so you guys got a lot going on, both with work and some events. So where should we start?

Tahlia Miller

Well, I think we should start with East Quag's holiday on Maine. It is a fantastic event. This is year four. We shut down the main street in East Quag from the fire department to Lewis Road, and this year we have about 120 vendors all making different items, food, gift. It really spreads the gamut. We have a DJ, we have the Southampton Showmobile with a full schedule of performers.

Andrew Doud

It's like a block party.

Tahlia Miller

It is, it's kind of like a holiday block party. If it's actually the brainchild of my Aunt Jen, who had this vision of like an old-timey town with lights strung up and a holiday craft fair, and she's really brought it to life.

Andrew Doud

That's awesome.

Tahlia Miller

Yeah, it's fantastic.

Steve Glick

It's very cool. So you put this all together? You're you're part of the committee?

Tahlia Miller

Yeah, so I'm on the so I'm on the committee, and Lisa and I also run our own table where we give away like slime. So we make holiday slime. Yeah, it's geared towards kids.

Steve Glick

Did you make the slime? I actually did this year.

Tahlia Miller

I did this year. I ordered the Amazon slime. Good for you. And it came and my kids and I sat at the kitchen table and we had an assembly line. That's incredible.

Dave Rattiner

Wow, you just leave it. Awesome. You are into it. Homemade slime.

Tahlia Miller

Well, I have to say, I think that I think that taking care of people, there's an art to it, and it really lends itself well to our business because how you do one thing is how you do everything, right? So if you can take care of people in your life, I like that. It translates to taking care of your clients, and that's something I think we pride ourselves in is we're always gonna treat people.

Andrew Doud

That's an excellent sound bite. Yeah, love it. That was good. That was she didn't even write that down. That was off the cuff. She genuinely means it. That's good.

Steve Glick

So hold on. So this holiday on Maine, this is gonna be Saturday, December 6th. And it starts at what time?

Tahlia Miller

One to five.

Steve Glick

One to five.

Tahlia Miller

The roads will be closed down at noon. So if you are going through or planning to be traveling that day, just know that the roads do close down at noon, but the event starts at one and it goes all the way until five. And at five, the elementary school chorus will be singing carols down Main Street and leading to the tree at the Lewis Park, which is where the Civic Association does their annual tree lighting. So the band, the chorus, they'll all be performing, and then the tree gets lit.

Dave Rattiner

Now, this almost sounds like a wedding. Your involvement in this, are you just like, are you in the zone like the whole time, like coordinating, or are you in general?

Tahlia Miller

I will tell you that my aunt does an unbelievable job. Really? She really does. She has an unbelievable job. She's got her hands in almost every part of this. This year we had a little group that siphoned off to curate what we're calling the Holiday Unmain swag bag, which is a $50 donation. And with that $50 donation, you receive a custom tote bag and discount cards and free giveaways from a lot of the vendors that we have at the fair. So all told, you'll probably be getting a hundred and fifty dollar value for your $50 donation, and that will help us keep going. It's an event that we, you know, we scrape together for next year. Exactly. It's really put together on like hours of community volunteering, uh, but we still need funds to help produce the event.

Andrew Doud

Okay. Um and to that point, tell us about these bags.

Tahlia Miller

Oh, so the bags are great. So there's they will have, like I said, a ton of different discount cards, some freebies, some samples. There is a custom West of the Canal Market Report from by our awesome Kelly Shelley at the marketing team in West Hampton. She did that for me. And a couple little cute giveaways from us at the Miller Fox team, some slime, some chocolate covered pretzels.

Andrew Doud

Uh so this is like it's like a tote bag. And when we're we're gonna take our picture as we do and post this on social media. So we'll put the bag in the photo with us afterwards. So you can get a look at that if you're if you're listening to this podcast from our Instagram page or go to so you can see what you'd be purchasing. But that helps raise funds to put this in the page. Exactly.

Tahlia Miller

So we are doing a pre-sale because it's a whole VIP experience. So the VIP experience includes the first half an hour of the day with Santa. So there's only a hundred there's only a hundred bags being sold.

Andrew Doud

Sold.

Tahlia Miller

So those hundred people get those first 30 minutes with Santa and they don't have to wait on that line for a photo. Wow. Um, so that's ideally you would if you want to.

Lisa Fox

I think you sold a couple of bags already.

Tahlia Miller

Ideally, if you want to do that, you would do the pre-sale, but they will be being sold at the event, at the Holiday on Main table. Um, and until you'd be able to pick them up then if you'd like to.

Andrew Doud

Nice. Okay. Um, all right, that's perfect. So let's talk a little real estate. What do you guys got going on as far as listings or anything? I know you guys got a listing that's gonna be coming on in January, a little bit bigger launch, but right now it is available.

Tahlia Miller

Yes, it's definitely available. 11 Peppy Court in Hampton Bay's is a beautiful redesign that a client of ours did. And we're just keeping it quiet through the holidays. It is definitely available. And if you're looking for a four-bed, four and a half bath, beautifully designed house with a pickleball court, outdoor kitchen, and pool, then you should call us. That's everything. Everything in the world.

Dave Rattiner

How important is the pickleball court these days? Is it I feel like everyone was talking about pickleball? Is it is it fading?

Lisa Fox

Um I don't think it's fading. I just think it's it's not new anymore. But I think a lot of people, from my experience, a lot of people play. It's just easier to play. And in all ages. Yeah, kid from kids to you know older adults. Like I everybody plays.

Tahlia Miller

And if you live on 1.6 acres, you should have a pickleball court. Yeah, you know, and also that doesn't have to be always what you do. It maybe your kids want a scooter on it. Maybe you want to play it, but there's also a basketball hoop there. So, basketball hoop there, yeah.

Steve Glick

Yeah, multi-purpose, you know?

Lisa Fox

Does it multi-purpose court?

Steve Glick

Yeah, this this house checks all the boxes. This is like an awesome entertainment house. It's a must see, guys. It's a musty. This is a beautiful renovation. 11 Pepe Court.

Dave Rattiner

Interesting like the street name. Pepe Pepe. Pepe, yeah. Yeah, it does look.

Andrew Doud

Um, all right, big picture. Uh Steve, what do we got for the numbers?

Steve Glick

Well, we're coming up Thanksgiving week. So the numbers were a little slower this week, obviously, because everyone was enjoying the holiday. So don't be alarmed. This is typical for this time of year, certainly for this week. 11 listings went into contract. Last year there was 17. That's a decrease of 35%. Two years ago there were only nine listings. So we're having an increase there of 22%. The breakdown of the 11 transactions, there was one between 5 and 10 million, 6 between 3 and 5 million, two between 2 and 3 million, one between 1 and 2 million, and one under a million. Dollar volume was 40 million. Last year it was 115 million, so it's a decrease of 65%. But two years ago it was only 26 million, so we're increased there of 54%. 13 new listings came onto the market. So it increases the inventory by two listings, the breakdown of 13 new listings, one between 10 and 15 million, five between five and ten, one between three and five, one between two and three, and five between one and two million. There were not any under a million dollars this week. However, the inventory is at 1,786 total listings, 1,364 active and 422 in contracts. So the active listings fell below 1400. So we're we're starting to see that happen.

Dave Rattiner

So low inventory right there.

Steve Glick

Low inventory. Now that we're in December, it's the in-contracts numbers will remain in the in the low teens, I guess, for the remainder of the year. And but that's normal. So I wouldn't, it's not alarming to me. This is pretty healthy data for the last week of November.

Andrew Doud

Yeah, and what are you guys seeing? I mean, is it I I guess this is just generally a quieter time of year, but what would be your advice for buyers or sellers if if they're going through December at this point? Do you stick with it? Do you do you wait to wait to list if you're if you're selling?

Lisa Fox

I I think it I uh yes. I I think the short answer is yes, because you don't want to have time on the market and people look at that even though the time on the market might be a very slow time because people aren't focused. I mean they're focused on Christmas and the logistics of all that and and maybe traveling and going away and all that.

Andrew Doud

And you're talking about a difference of three weeks, you know.

Lisa Fox

Yeah, I yeah, you're not losing, you're not losing anything. I think actually you're gaining quite a bit if you wait until after the holiday hub.

Tahlia Miller

But also, this is the time to prep. This is the time to contact your real estate agent. This is the time to get all of your ducks in a row, make sure that you're ready. So when you launch, you're going to hit with your feet on the ground and running.

Andrew Doud

Yeah, your real estate agent's still working. There's no need to all of a real estate agent.

Steve Glick

Well, you want to you want to have that listing ready. You want to take the photos now, get it ready, like like Tally said.

Lisa Fox

So time is great, you know, to have the time, you know, to look you're under the gun, you know, we can really make it make it great.

Dave Rattiner

And if you're a buyer, is is it an opportunity, an opportunistic time of year?

Tahlia Miller

Well, I would say, especially if the house is unoccupied, and that is traditionally the case here. Yeah, they have to. You know, strike while the iron's hot. If someone's not gonna be using the house, they might be a they're gonna be a lot more negotiable in getting it off their plate. Yeah, yeah. Because it's just something that they're gonna have to think about come January again.

Lisa Fox

And they also they have to carry it. So there's there's a money issue, you know. Exactly. Everyone's situation is different. You've got to heat it, you got you know, you gotta take care of it, and all that stuff. So yeah, no, I I I don't think it's a bad time to start looking for sure.

Dave Rattiner

Nice. That was always something when I was a kid, uh, you know, I always thought like, oh, it'd be great, I'll just buy a house and then I don't have to work because I just own the house. Wrong. I had that thought in like you know, high school. I was like, ah, these people that own houses, they don't have to work, they're just they're so lucky. You know, I remember thinking about it. Some people are very lucky.

Andrew Doud

I was talking to a buddy yesterday who's like, so like this broke in my house, this broke, this broke, and I was like, Yeah, man, that's how it that's home ownership.

Dave Rattiner

You know, like that show, home improvement. Remember that back in the day? It's a great show. Oh, that was so good.

Tahlia Miller

Um I will say there is nothing like owning your home and being able to like pull up your rocking chair and sit in front of your fireplace and just watch the crackle of the fireplace. That is my favorite spot, especially in the off season, like the holidays. Everything starts rolling, it's cozy, it's kind of cold outside, so you want to snuggle in. Yeah, I really that is the best part about being out here.

Dave Rattiner

Yeah, home ownership. There's something about it that puts you at ease for sure. I don't know what it is, but while simultaneously stressing you out.

Andrew Doud

Yeah. Um, so what do you got this weekend, Dave?

Dave Rattiner

What's what's well, like you said, and then let's also talk about Talia. I did my homework today. If you want to know what's going on in the world of Hamptons, you just gotta email Talia and say, sell me a house and then tell me where that is also a huge key, right?

Tahlia Miller

You want to be where you will live best. Yes, right? So for some people that's East Hampton Village, for some people that's northwest, for some people that's west of the canal. So you really gotta know what is my speed. It's your personality. Yeah, there's a personality behind each time. How does my personality fit into the Hampton? What are you needs? Exactly. So But talk to me about if you're an East Hampton Village person, you've got Guild Hall this weekend, you've got it tomorrow and on Sunday, which is fantastic. If you are a Wainscot lady, then maybe you want to go sip some wine at Wolfer for the win for their winter wonderland.

Andrew Doud

Yeah.

Tahlia Miller

Also, if you're looking to get wowed by a set of lights, you should just drive through East Hampton Village and look at the palm because it is as bright as the sun over there. Oh, really? They light the whole thing up. They light the whole thing up.

Dave Rattiner

It's so beautiful. East Hampton Village is so beautiful. It really is. It's crazy.

Tahlia Miller

And you know, all the towns, I have to say, all the villages are really doing a good job with keeping up with keeping up with it because their trees are lit. Southhampton is a little bit. You can tell like the leadership really cares about the town. Absolutely. Southampton Village does the best job with the Santa that goes across the street. It's unbelievable. It's really it gives you such a nice, warm holiday feeling when you're talking about the street.

Dave Rattiner

Talk to us about the holiday stroll in West Ham Beach on December 5th.

Tahlia Miller

So a lot of the businesses push out. Saunders does. Saunders does. Yep. They'll be handing out some fun goodies at Saunders. And the stores will push out and do discount racks and for holiday shopping and give out some give out candy canes. And it's just a really again, it's a lovely time to just kind of put on your coat and take a walk.

Andrew Doud

Mm-hmm.

Lisa Fox

And free and frequent and frequent local businesses too. Shop mom and pop. We need it.

Dave Rattiner

You know, the beat goes on. Like in East Hampton on Saturday, December 6th. Uh I think Santa flies in. Oh, by helicopter. My dad used to be my dad used to be Santa. Wow.

Andrew Doud

Phillish. He was the Jewish Santa. Well, I can see that actually.

Dave Rattiner

But he's retired. There's, you know, whatever. But um, but anyway, so from 10 a.m. to 3 p.m. you got the holiday market, and 11 a.m. you got the East Tampa Middle School band, and at 12 p.m. you have the Santa Parade.

Andrew Doud

Wow.

Dave Rattiner

Go see Santa. So there is like a lot going on. There is a lot going on.

Tahlia Miller

And there's also some health trends going on too, because if you want to jump in on the cold plunge, on the cold plunge phenomenon, you can go with any of the beaches in Hamptons. They all have their own specific cold plunge. So they'll do a polar blare plunge. Also, Heart of the Hamptons does their polar plunge on the 13th, which is at Cooper's Yeah, and it's a fundraiser to help. I'm psyching myself up for that.

Dave Rattiner

I'm psyching myself.

Andrew Doud

You just gotta go. Just just do it.

Dave Rattiner

And then but you mentioned Wolfra, they have so at Wolfra on December 6th, they have the lighting of the vines, which is raises money for the Bridgehampton Childcare and Recreation Center, and tickets are 175 bucks, and that's December 6th. And they they light up the vines.

Tahlia Miller

Yeah, the all the vines.

Dave Rattiner

But you can also go to Wolfra for a bunch of other stuff too. There's a lot going on, man. There is a lot, it's awesome. December is awesome in the Hamptons. Yes. I will, I gotta say.

Andrew Doud

So if we could skip right from like the end of December to like May, yeah, yeah. That would be sort of like weather-wise and everything. Because like the holidays are great, a little chill in the air, that's cool. Then you get in like January, February, like, okay.

Dave Rattiner

I think the hardest month for me is March for me. Because February. It's a March month, and the weather's awful. Yeah, like February, you're like, it's gonna, this is awful. And so you plan a vacation in February. You you kind of expect it to be mentally, you're prepped for that. And it's like it's slow. But March feels like spring. But it is like it should be spring. It is not spring. Yeah. Mentally, when you hear the word March, you're like, oh, it's before May. You know, it's like school's almost up, you know. But it is cold in March.

Andrew Doud

Yeah.

Dave Rattiner

Hits me every year.

Andrew Doud

But that's all alright, that's good stuff. Anything else?

Dave Rattiner

That's what's happened in the Hantas. Oh wow.

Andrew Doud

Um well listen, anything you guys want to touch on before you let you go? Obviously, Holiday on Main is one more time soon.

Tahlia Miller

It's Saturday, December 6th, 1 to 5 East Quag Main Street. Please come come say hi, come make some slime. Grab some cookies, bags, grab some cookies. There is there are a ton of food and libations that will be served. Um, it's like an adult drink. It's an adult drink. An adult beverage. Yeah.

Dave Rattiner

Oh, a chocolate wit. Yeah, yeah.

Tahlia Miller

Yeah, the fire department's gonna be selling beer. There's gonna be coquito, there's gonna be all sorts of stuff. That's great.

Dave Rattiner

Topo chico? Is that what you said?

Tahlia Miller

No, coquito, which is actually kind of like a cinnamony bailey's type drink.

Dave Rattiner

Oh wow. And it's delicious.

Andrew Doud

It's delicious. You're so worldly, Dave. What did you say though? What did you say?

Dave Rattiner

Topo chico?

Tahlia Miller

What's the topo chico? It's a seltzer.

Dave Rattiner

It's a seltzer.

Andrew Doud

Is it really? It's a thing?

Dave Rattiner

It's a thing. It's Mexican seltzer. It's Mexican seltzer. And it's weird. It's like it's like brighter. That's the only way I would describe it.

Andrew Doud

Brighter in flavor or brighter in color? Yes.

Dave Rattiner

Yeah. How would you describe it? It's better. I think it's the best seltzer that you can get. I really do.

Steve Glick

Is it carbonated water? I gotta try this.

Dave Rattiner

The bubbles are smaller.

Tahlia Miller

Maybe.

Dave Rattiner

I don't know.

Lisa Fox

Wow.

Dave Rattiner

It's a thing. It's a real thing.

Andrew Doud

That's funny.

Lisa Fox

It's like a revelation over here.

Dave Rattiner

Anyway. Sure.

Andrew Doud

Well, thanks for joining us.

Tahlia Miller

Thank you for having us.

Andrew Doud

We're gonna let Dave get to whatever he's gotta get to today. Um, until next week, everybody, have a great weekend. I guess we'll maybe see you out in East Quag this weekend. And um, I'm Major Dell. That's what's happening in the Handits.