Rand Country Blog Real Estate Market Report: 2nd Quarter 2018 – Dutchess County, NY Pricing in the Dutchess housing market spiked in the second quarter, as low levels of inventory, coupled with high demand, drove prices up. Single‑family home prices rose over 10% on average and 8% at the median for the quarter, with both the average and median now up over 6% for the year. The condo market […]
Rand Country Blog Real Estate Market Report: 2nd Quarter 2018 – Putnam County, NY Low levels of inventory in Putnam continued to stifle sales in the second quarter, even while pushing prices up to post‑correction highs. Sales of houses were down over 4% for the quarter, and now down almost 2% for the year, reflecting the lack of available supply on the market. But high levels of demand, coupled […]
Rand Country Blog Real Estate Market Report: 2nd Quarter 2018 – Orange County Pricing in Orange’s housing market exploded again in the second quarter, driven by high demand and low supply. Unlike the other Hudson Valley counties, sales were actually up, with house sales rising 3% for the quarter and 6% for the year. Condo sales were down for the quarter, but were still up almost 10% for […]
Rand Country Blog Real Estate Market Report: 2nd Quarter 2018 – Rockland Activity in Rockland’s housing market continued to be shackled by low levels of inventory in the second quarter, which drove sales down again, even while pushing prices up sharply. Transactions fell almost 10% for houses and 13% for condos, the largest drops since the market correction almost 10 years ago. As a result, pricing is […]
Rand Country Blog Real Estate Market Report: 2nd Quarter 2018 – Westchester Westchester’s lack of inventory again held back sales while driving pricing up in the second quarter. Sales fell for the fourth quarter out of the last five, with activity dropping by almost 5% for houses, 13% for coops, and almost 9% for condos. But high levels of demand, coupled with this depleted supply, continued to […]
Rand Country Blog Real Estate Market Report: 2nd Quarter 2018 – Lower Hudson Valley (New York) The regional housing market in the New York City northern suburbs surged again in the second quarter of 2018, with high demand and low supply driving prices up throughout the area. We are clearly in a “seller’s market.” The main story in the market right now is a textbook illustration of basic economic principles: when […]
Press Room Exit Realty Search Joins Better Homes and Gardens Rand Realty NANUET, NY – Better Homes and Gardens Rand Realty is proud to announce that Exit Realty Search, located in the Bronx, New York, has merged with their company. “Throughout my time in this industry, I can’t think of a better opportunity than the one that I’ve had in leading my wonderful team,” said Benny Diasparra, […]
Press Room AXRE, Corp. Joins Better Homes and Gardens Rand Realty NANUET, NY – In what continues to be Better Homes and Gardens Rand Realty’s further expansion throughout Westchester County, New York, they’re excited to announce that AXRE, Corp. of White Plains has merged with their company. “My team and I have been working in this market for almost two years, and we’re thankful to have […]
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Press Room Better Homes and Gardens Rand Realty Launches RandConnect NANUET, NY – Better Homes and Gardens Rand Realty has announced a new mobile app called RandConnect, which is designed to keep lines of communication open between all of their agents, managers, and employees. Created in partnership with Konverse, an enterprise-communication app developer, the app helps the Rand team share information throughout the company, right […]
Press Room Sharon Tucker Appointed as Manager of Rand Realty’s Pearl River Office NANUET, NY – Following the retirement of Teresa O’Shaughnessy, Better Homes and Gardens Rand Realty has selected Sharon Tucker as the new manager for their office in Pearl River, New York. “This past year with Rand Realty has been one of the most-memorable of my career,” said Tucker. “I’ve learned so much in my time […]
Press Room Better Homes and Gardens Rand Realty Welcomes New Manager for Yonkers and Bronx Offices NANUET, NY – Better Homes and Gardens Rand Realty is thrilled to welcome Nicole Borsey to their leadership team for the Yonkers and Bronx offices. “Rand Realty teaches their agents groundbreaking techniques for navigating the real estate industry, and I’m grateful for the opportunity to lead my agents as we use those strategies to tackle […]
Press Room Joseph Rand Honored With 2018 RISMedia Real Estate Newsmakers Award
 RISMedia, publisher of Real Estate magazine, will honor Better Homes and Gardens Rand Realty General Manager and Chief Creative Officer Joseph Rand as a 2018 Real Estate Newsmaker during an awards ceremony to be held on May 17 at the National Press Club in Washington, D.C., in conjunction with the National Association of REALTORS® Legislative […]
Rand Country Blog Real Estate Market Report: 1st Quarter 2018 – Hudson County, NJ Hudson County’s lack of inventory had its expected impact, driving sales down sharply but prices up dramatically in a strong first quarter. Although overall sales for all property types were up 1.6% from the prior rolling year, they were down 9% from last year’s first quarter, dropping for the first time in over three years. […]
Rand Country Blog Real Estate Market Report: 1st Quarter 2018 – Sussex County, NJ Sales in the Sussex market continued to surge in the first quarter, rising almost 7% and marking over three straight years of increasing transactions. This demand continues to winnow down the inventory, which was down almost 22% and is now getting close to the six‑month level that usually denotes the beginning of a seller’s market. […]
Rand Country Blog Real Estate Market Report: 1st Quarter 2018 – Essex County, NJ Growth in the Essex market was stifled by a lack of inventory, which was down over 17% from last year and kept sales relatively flat. But increasing demand chasing fewer homes for sale drove prices up, with the average and median both rising about 2%. We’re now seeing sustained appreciation in Essex, with the yearlong […]
Rand Country Blog Real Estate Market Report: 1st Quarter 2018 – Morris County, NJ The Morris market cruised through the first quarter, with increases in both sales and prices. Even an almost 20% drop in inventory did not hold sales back, with closings up over 4% from last year. But that lack of inventory did have its expected impact on pricing, which was up over 3% for both the […]
Rand Country Blog Real Estate Market Report: 1st Quarter 2018 – Passaic County, NJ Passaic sales growth was stifled by a lack of available homes for sale, which fell over 21% and is now down to 5.3 months of inventory. That lack of inventory drove sales down almost 4%, but also had a dramatic impact on pricing, which was up almost 6% on average and 7% at the median. […]
Rand Country Blog Real Estate Market Report: 1st Quarter 2018 – Bergen County, NJ Growth in the Bergen market was stifled by a lack of inventory, which suppressed sales even while it drove meaningful price appreciation. Sales were down for both property types, falling 5% for single-family homes and over 13% in condos. This was not due to a lack of demand, but a lack of supply, as inventory […]
Rand Country Blog Real Estate Market Report: 1st Quarter 2018 – Northern New Jersey The housing market in the Northern New Jersey suburbs of New York City has become a fully‑realized seller’s market, with declining inventory stifling sales growth while driving meaningful price appreciation throughout the region. The regional market continues to suffer from a lack of inventory. The number of homes available for sale compared to last year […]
Rand Country Blog Real Estate Market Report: 1st Quarter 2018 – Dutchess County, NY Dutchess single‑family home sales were down sharply in the first quarter, a consequence of a lack of inventory unable to meet strong demand. That’s why prices were up dramatically, rising over 10% for single‑family and almost 18% for condos. This kind of appreciation is probably not sustainable, but the yearlong numbers are also good, with […]