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Hamptons Agents Sum Up 2013 in Real Estate, Part I

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We asked a number of prominent local agents their conclusions about the year that just passed and make some predictions for the future.

Krae Van Sickle, Saunders
What neighborhood saw the most change this year?
Montauk – it went from the outlying territory to a sought after market place.

Sum up 2013 in three words
Party time again!

Your favorite town this year and why
Amagansett for staying more or less the same.

Biggest building trend in 2013
Modern, modern barn and for better or worse traditional/modern fusion.

Trend you'd like to see crushed in 2014
Cookie cutter traditionals.

Any predictions for 2014?
Rock on!

Amadeus Ehrhardt, Brown Harris Stevens
What neighborhood saw the most change this year?
Sag Harbor Village, with a lot of properties trading hands and being restored to their old glory with 2013 amenities and floor plans.

Sum up 2013 in three words
Continuous strong demand.

Your favorite town this year and why
Sag Harbor – because of its residents, old world charm, and the 15+ restaurants.

Biggest building trend in 2013
Open floor plans or even better, kitchens that are part of the living room space.

Any predictions for 2014?
I think we will continue to see demand for Hampton homes stay strong, as well as new construction continuing.

Anonymous
What neighborhood saw the most change this year?
I think the "village fringe" areas really came into their own. Also, we saw the "Farrellization" of Amagansett. Which at least for now has been good for values.

Sum up 2013 in three words
Bad agent behavior

Your favorite town this year and why
I would say Sag Harbor, because it hasn't been taken over by Ralph Lauren. It still has charm.

Biggest building trend in 2013
"Farrellization" or "Farrellatio": the act of buying a Farrell house

Trend you'd like to see crushed in 2014
See above...

Any predictions for 2014?
Modern architecture is really coming into its own. I think people are tired of the cookie cutter finishes and layouts. They're also saying to themselves, in 10 years when all of the same style of homes flood the market, the value won't be there.