Rand Country Blog Second-Quarter 2016 Real Estate Market Report: Orange County The Orange County housing market surged again in the second quarter of 2016, with sales spiking over 35% from last year. But pricing was more mixed, as Orange struggles to find its footing after years of bouncing around the bottom set after the 2008‑09 correction. Sales. Orange single‑family sales were up yet again, rising over […]
Rand Country Blog Second-Quarter 2016 Real Estate Market Report: Rockland County The Rockland County market surged in the second quarter of 2016, with another dramatic increase in sales coupled with an eye‑popping 10% spike in the average sales price. Sales. Rockland sales were up yet again, rising over 28% from last year’s second quarter and now up 25% for the rolling year. We’ve now seen sustained […]
Rand Country Blog Second-Quarter 2016 Real Estate Market Report: Westchester County The Westchester housing market surged in the second quarter of 2016, with sales activity up sharply but prices down slightly because of continued weakness in the ultra high‑end. Sales. Market activity exploded, with single‑family sales up over 22% from last year and now up over 12% for the rolling year. Year‑on‑year sales have now risen […]
Rand Country Blog Second-Quarter 2016 Real Estate Market Report: Westchester & Hudson Valley Market Overview The Westchester and Hudson Valley regional housing market surged again in the second quarter of 2016, with sharply rising sales finally starting to have an impact on pricing, particularly in the mid- and entry‑priced markets throughout the region. Sales. Activity continues to surge, with regional sales up over 26% compared to the second quarter of […]
Rand Country Blog Why is the Westchester Average Sales Price Down, When Sales Are Way Up?   Why are Westchester prices down? If you look at the Westchester single-family housing market, comparing the year-to-date 2016 to 2015 as of the end of May, what you find is a little perplexing: sales are up 12%, but prices are sharply down across the board: down 7% on average, 5% at the median, and 4% […]
Rand Country Blog Homes in Northern New Jersey are More Affordable Right Now Than in a Generation I have always hated it when real estate professionals say “it’s a great time to buy.”  It always seems so self-serving, and I know it immediately causes suspicion. So I’m not going to SAY that it’s a great time to buy a home right now. I’m just going to show you. Specifically, I’m going to […]
Rand Country Blog Homes in Westchester and the Hudson Valley are More Affordable Than in a Generation I have always hated it when real estate professionals say “it’s a great time to buy.”  It always seems so self-serving, and I know it immediately causes suspicion. So I’m not going to SAY that it’s a great time to buy a home right now. I’m just going to show you. Specifically, I’m going to […]
Rand Country Blog First Quarter 2016 Real Estate Market Report: Sussex Market Overview The Sussex County housing market surged again in the first quarter of 2016, with a dramatic spike in sales that continued a long.term trend of markedly higher transaction rates. Nevertheless, we are still not seeing these sustained levels of buyer demand have their expected impact on pricing, which was down yet again. Sales. Sussex sales […]
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Rand Country Blog First Quarter 2016 Real Estate Market Report: Essex Market Overview The Essex County housing market started the year strong, with a surge of sales activity. But even with demand up, prices went down sharply, indicating that the county has not yet developed into a “seller’s market.” Sales. Essex County sales were up sharply in the first quarter, rising over 13% for the quarter, marking the […]
Rand Country Blog First Quarter 2016 Real Estate Market Report: Morris Market Overview The Morris County housing market recovered from some late 2015 doldrums to post a robust start to 2016, with a spike in sales. Even with this surge in activity, though, pricing was disappointing. Sales. Morris County sales were up sharply in the first quarter, rising almost 17% for the quarter, marking the sixth straight quarter […]
Rand Country Blog First Quarter 2016 Real Estate Market Report: Passaic Market Overview The Passaic County housing market started off 2016 with an increase in sales coupled with mixed results in pricing. Most indicators, though, signal that Passaic continues to develop as a classic “seller’s market” that will likely drive sales and prices up through the rest of the year. Sales. Passaic sales were up again in the […]
Rand Country Blog First Quarter 2016 Real Estate Market Report: Bergen Market Overview The Bergen County housing market started 2016 off strong, with sales way up and clear indications of increasing buyer demand. Sales. Bergen single-family home sales started the year with a flourish, rising over 19% for the quarter and marking the sixth straight quarter of year-on-year sales increases. Indeed, we are starting to see transactions at […]
Rand Country Blog First Quarter 2016 Real Estate Market Report: Northern New Jersey Market Overview The Northern New Jersey housing market got off to a strong start in 2016, with sales up again throughout the region. But this sustained surge in buyer demand is not yet having any real impact on pricing, which was flat or down in each of the counties. Sales were up over 10% for the region, […]
Rand Country Blog First Quarter 2016: Real Estate Market Report: Dutchess Market Overview The Dutchess County housing market started the year with a massive spike in sales activity, which had only a modest impact on pricing. Sales. Dutchess County single.family home sales surged again in the first quarter, with transactions up a whopping 43% from last year. This marked the sixth quarter in a row with year on […]
Rand Country Blog First Quarter 2016 Real Estate Market Report: Putnam Market Overview Putnam County sales and prices both spiked in the first quarter of 2016, with transactions again reaching levels we have not seen in over 10 years. Sales. Putnam sales surged again in the first quarter, with single.family home sales spiking over 35% compared to last year and now up over 21% for the rolling year. […]
Rand Country Blog First Quarter 2016 Real Estate Market Report: Orange Market Overview The Orange County housing market finally showed the long awaited signs of meaningful price appreciation in the first quarter of 2016, with prices up significantly for the first time in almost 10 years. Sales. Orange sales were up yet again, rising 31% from last year and now up over 28% for the rolling year. This […]
Rand Country Blog First Quarter 2016 Real Estate Market Report: Rockland Market Overview The Rockland County housing market started the year strong, with increases in both sales and prices that are now reaching levels we have not seen in over 10 years at the tail end of the last seller’s market. Sales. Rockland sales were up again, rising over 16% from last year’s first quarter and now up […]
Rand Country Blog First Quarter 2016 Real Estate Market Report: Westchester Market Overview The Westchester housing market started 2016 with a surge of activity coupled with a disappointing drop in pricing, continuing a trend we watched for most of last year. Sales. Market activity is way up, continuing a trend we’ve been watching for over four years. Residential sales rose sharply, up 11% from last year and finishing […]
Rand Country Blog First Quarter 2016 Real Estate Market Report: Westchester & Hudson Valley Market Overview The Westchester and Hudson Valley regional housing market in the first quarter of 2016 picked up where 2015 left off, with another surge in sales activity that is still not yet having a widespread impact on home prices. With inventory declining throughout the region, though, we believe that we will start seeing meaningful price appreciation […]
Rand Country Blog Tips on Moving from the City to the Suburbs Living in the city can be an exhilarating experience. With the diversity of people, entertainment, cuisine, and the unending excitement of urban life, it’s safe to say living in the city is never boring. However, after a while, you may feel the need to slow down and look for a living situation that’s a little […]