Press Room How Much Are My Home Improvements Worth? The 2020 Cost v. Value Report is Out. One of the biggest mistakes sellers make in pricing their home is assuming that they will get at least 100 cents on every dollar they put into that home since they bought it: “Well, I bought it for $450,000 ten years ago, and I put in a new kitchen for $50,000, so it’s worth at […]
Press Room Rands Featured in 2020 Swanepoel Power 200 NANUET, NY – Better Homes and Gardens Real Estate | Rand Realty is pleased to announce that their leadership team – Matthew, Joseph, and Daniel Rand have been named to the Swanepoel Power 200, an independent ranking of the most powerful residential real estate leaders in the United States. The SP200 (Swanepoel Power 200) is […]
Rand Country Blog Fourth Quarter 2019: Real Estate Market Report – New York Overview   The housing market in Westchester and the Hudson Valley closed the year with a flourish, with regional sales and prices up modestly but meaningfully. The market overall continued to show signs of recovery from the suppressive effects of the 2018 Tax Reform’s Cap on State and Local Taxes (i.e., the “SALT Cap”). Although we […]
Rand Country Blog Fourth Quarter 2019: Real Estate Market Report – Westchester County, New York   In the fourth quarter of 2019, the Westchester housing market continued to recover from the impact of the 2018 Tax Reform cap on state and local taxes (i.e., the “SALT Cap”). Single-family home sales were up almost 4%, the second quarterly increase in a row following seven straight declines after the SALT Cap went […]
Rand Country Blog Fourth Quarter 2019: Real Estate Market Report – Rockland County, New York   Activity in the Rockland housing market surged in the fourth quarter of 2019, even while the 2018 Tax Reform cap on state and local taxes (i.e., the “SALT Cap”) continued to suppress pricing growth. Single-family transactions rose over 7% for the quarter, and almost 6% for the full calendar year, reflecting high levels of […]
Rand Country Blog Fourth Quarter 2019: Real Estate Market Report – Orange County, New York   Pricing in the Orange County housing market surged in the fourth quarter of 2019, even while low levels of inventory continued to stifle sales growth. Pricing was up across the board, with single-family home prices rising over 8% on average and almost 9% at the median compared to last year’s fourth quarter. And for […]
Rand Country Blog Fourth Quarter 2019: Real Estate Market Report – Dutchess County, New York   The Dutchess county housing market surged again in the fourth quarter of 2019, closing a robust 2019 with a flourish. Sales activity was way up, with single-family home sales up almost 20% from last year’s fourth quarter, which made up for a lackluster start to 2019 – as you can see, even with the […]
Rand Country Blog Fourth Quarter 2019: Real Estate Market Report – Putnam County, New York   The Putnam housing market corrected a bit in a slow fourth quarter, after surges through much of the year. Single-family home sales were down about 3% for the quarter, with prices falling over 4% on average and almost 7% at the median. For the 2019 calendar year, though, Putnam’s market generally grew, with sales […]
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Rand Country Blog Fourth Quarter 2019: Real Estate Market Report – Bronx County, New York   The Bronx housing market slowed down just a bit in the fourth quarter of 2019,  with sales falling slightly and prices topping out after a robust run-up for most of the year. We believe that, like other high-priced markets throughout the region, the Bronx might be feeling the impact of the 2018 Tax Reform’s […]
Rand Country Blog Fourth Quarter 2019: Real Estate Market Report – Northern New Jersey   The Northern New Jersey housing market finished 2019 with a bit of a flourish, with sales and price increases in most of the county markets. We are still seeing some negative impact from the 2018 Tax Reform cap on state and local tax deductions (i.e., the “SALT Cap”), but outside of Hudson County, most […]
Rand Country Blog Fourth Quarter 2019: Real Estate Market Report – Sussex County, New Jersey   The Sussex County housing market showed continued signs of strength in the fourth quarter of 2019, with sharp increases in both sales and prices. Sales were up almost 3%, which continued a trend from the third quarter and helped moderate the significant sales declines in the early part of the year – sales were […]
Rand Country Blog Fourth Quarter 2019: Real Estate Market Report – Essex County, New Jersey   The Essex County housing market finished a strong year with a flourish, with increases in both sales and prices. Sales rose almost 2% for the quarter and finished the 2019 calendar year up almost 4%. And these continued increases in sales are finally having a meaningful impact on pricing, which was up for both […]
Rand Country Blog Fourth Quarter 2019: Real Estate Market Report – Hudson County, New Jersey   The Hudson County housing market continued to struggle toward the end of 2019, fighting through the impact of the 2018 Tax Reform’s cap on state and local tax deductions (“SALT Cap”). The SALT Cap has had a disproportionate impact on higher-end home buyers, which has slowed down the Manhattan housing market and adjacent high-priced […]
Rand Country Blog Fourth Quarter 2019: Real Estate Market Report – Morris County, New Jersey   The Morris County housing market saved its 2019 year with a surge of activity in the fourth quarter. Sales were up over 12% from last year’s fourth quarter, which helped Morris finish the year basically flat in transactions – after being down sharply for most of the year. Quarterly prices were up from last […]
Rand Country Blog Fourth Quarter 2019: Real Estate Market Report – Passaic County, New Jersey   The Passaic County seller’s market continued through the fourth quarter of 2019, finishing the year with a flourish. Prices keep going up, with the average price rising almost 8% for the quarter and over 4% for the rolling year, and the median price up almost 7% for the quarter and 4% for the year. […]
Rand Country Blog Fourth Quarter 2019: Real Estate Market Report – Bergen County, New Jersey   The Bergen County housing market finished the year with a solid increase in activity and modest rise in pricing. Single-family home sales were up over 4% from the fourth quarter of last year and finished the 2019 year up almost 3%. Moreover, single-family pricing was generally up, rising over 3% on average and 1% […]
Rand Country Blog Third Quarter 2019: Real Estate Market Report – Bergen County, New Jersey   The Bergen County housing market cruised through the third quarter of 2019, with increases in both sales and prices. Single‑family home sales were up almost 5%, and are now positive for the rolling year. And prices were up, rising 1.5% on average even though flat at the median. We believe that the market is […]
Rand Country Blog Third Quarter 2019: Real Estate Market Report – Northern New Jersey   The Northern New Jersey housing market experienced modest but meaningful price appreciation through the third quarter of 2019, even while sales growth was stifled by a lack of inventory and the impact of the 2018 Tax Reform cap on state and local tax deductions (i.e., the “SALT Cap”). Going forward, we believe that strong […]
Rand Country Blog Third Quarter 2019: Real Estate Market Report – Passaic County, New Jersey   The Passaic County seller’s market continued through the third quarter of 2019, with limited inventory driving strong price appreciation even while it held back sales growth. Prices keep going up, with the average price rising almost 5% for the quarter and over 4% for the rolling year. And while relatively low levels of inventory […]
Rand Country Blog Third Quarter 2019: Real Estate Market Report – Morris County, New Jersey   The Morris County housing market surged forward in the third quarter of 2019, with prices rising sharply even while limited inventory stifled sales growth. Prices experienced their biggest quarterly jump in over two years, rising almost 4% on average and 5% at the median compared to the third quarter of last year. For the […]