Rand Country Blog Third Quarter 2019: Real Estate Market Report – Essex County, New Jersey   Sales in the Essex housing market went up yet again in the third quarter of 2019, even while prices leveled off after some modest increases earlier in the year. Sales rose almost 3% for the quarter, and finished the rolling year up almost 5%. But this continued increase in sales is not yet having […]
Rand Country Blog Third Quarter 2019: Real Estate Market Report – Sussex County, New Jersey   The Sussex County housing market showed significant signs of strength in the third quarter of 2019, with modest sales increases coupled with sharp price appreciation. Sales were up almost 2%, a welcome change from the past two quarters. Even with that quarterly increase, though, sales are still down over 8% for the rolling year. […]
Rand Country Blog Third Quarter 2019: Real Estate Market Report – Hudson County, New Jersey   After sizzling throughout much of 2018, the Hudson County housing market continued its 2019 struggles through the third quarter. Sales were down almost 6% overall from last year’s third quarter, and are now down 6% for the rolling year. But even with this decline in sales, prices still appreciated modestly: average prices were up […]
Rand Country Blog Third Quarter 2019: Real Estate Market Report – Bronx County, New York   Pricing in the Bronx housing market surged again in the third quarter of 2019, as robust demand continued to push prices up even while a lack of inventory held sales down. Going forward, we believe that the fundamentals are strong, and expect a robust market through the winter and into 2020. Pricing. Overall pricing […]
Rand Country Blog Third Quarter 2019: Real Estate Market Report – Westchester County, New York   The Westchester housing market surged in the third quarter, showing signs of recovery from the lingering effects of the 2018 Tax Reform cap on state and local taxes (“SALT Cap”). Single‑family home sales were up about 1% compared to last year’s third quarter, the first year‑on‑year increase since the SALT Cap was passed. Similarly, […]
Rand Country Blog Third Quarter 2019: Real Estate Market Report – Rockland County, New York   The Rockland housing market surged forward in the third quarter of 2019, showing the first signs of recovery from the lingering effects of the 2018 Tax Reform cap on state and local tax deductions (“SALT Cap”). Single-family home sales were up over 8% from last year’s third quarter, the largest increase since 2017, before […]
Rand Country Blog Third Quarter 2019: Real Estate Market Report – New York Overview   The housing market in Westchester and the Hudson Valley surged forward in the third quarter of 2019, showing the first signs of recovery from the suppressive effects of the 2018 Tax Reform Cap on State and Local tax deductions (i.e., the “SALT Cap”). With the higher‑end starting to recover, we expect the market will […]
Rand Country Blog Third Quarter 2019: Real Estate Market Report – Dutchess County, New York   The Dutchess housing market surged in the third quarter of 2019, with sales and prices up sharply. Single-family home sales were up almost 4% compared to last year’s third quarter, the largest year-on-year sales increase in over two years. Indeed, the 671 closings marked the largest quarterly total since the third quarter of 2016. […]
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Rand Country Blog Third Quarter 2019: Real Estate Market Report – Putnam County, New York   The Putnam housing market surged in the third quarter, with sales rising and prices generally appreciating. Single‑family sales were up over 9% compared to last year’s third quarter, with the 326 recorded closings marking the highest quarterly total in over three years. Pricing for the quarter was a little more mixed, with the median […]
Rand Country Blog Third Quarter 2019: Real Estate Market Report – Orange County, New York   The Orange County housing market cruised through the third quarter of 2019, with moderate increases in both sales and prices. Single-family home sales rose by almost 3% compared to last year’s third quarter, making up for a more sluggish second-quarter. Pricing was mixed, with the median price up almost 5% but the average down […]
Press Room Rand Realty Hires Alvis Smith To Lead Growing Team of Agents in their Bronx Office   Nanuet, NY, September 18, 2019 – Better Homes and Gardens Rand Realty today strengthened its leadership and management team with the addition of Alvis “Al” Smith. He will lead Rand’s rapidly growing Bronx office of more than 55 experienced real estate agents. In addition to bringing 18 years of real estate experience to the […]
Press Room Rand Realty’s Celina Rofer Voted Best Real Estate Agent Better Homes and Gardens Rand Realty’s Celina Rofer Voted Best Real Estate Agent The Times Herald Record Readers’ Choice Best of the Best 2019 Winner — Celina Rofer, Associate Broker, Better Homes and Gardens Rand Realty    Central Valley, NY – Celina Rofer, Associate Broker, Better Homes and Gardens Rand Realty, Central Valley has been named […]
Press Room Rand Realty is Orange County’s Best Real Estate Company Better Homes and Gardens Rand Realty is Orange County’s Best Real Estate Company for the 5th Consecutive Year The Times Herald Record Readers’ Choice Best of the Best 2019 Winner — Better Homes and Gardens Rand Realty Central Valley, NY – Better Homes and Gardens Rand Realty has been named “Best Real Estate Company,” standing […]
Rand Country Blog Second Quarter 2019: Real Estate Market Report – Orange County, New York   Demand in the Orange County housing market continued to grow in the second quarter of 2019, even while a lack of inventory stifled sales growth. Single-family home sales fell sharply compared to the second quarter of 2019, dropping almost 11%, but we believe that has more to do with a shortage of supply rather than a lack of demand. […]
Rand Country Blog Second Quarter 2019: Real Estate Market Report – Putnam County, New York   The Putnam housing market cruised through the second quarter of 2019, with sales up and prices basically flat. Compared to the rest of the region, Putnam was a bit of an outlier, with single-family home sales rising 7% for the quarter and almost 1% for the rolling year – the only county in the region with rising sales. Single-family pricing […]
Rand Country Blog Second Quarter 2019: Real Estate Market Report – Dutchess County, New York   The Dutchess housing market was a “Tale of Two Markets” in the second quarter of 2019, with single-family home sales softening a bit even while condo sales surged. After a sizzling start to the year, the single-family market cooled, with sales and prices both falling. But the lower-priced condo market was up, with sales rising over 6% and […]
Rand Country Blog Second Quarter 2019: Real Estate Market Report – New York Overview   The housing market in Westchester and the Hudson Valley continued to be a “tale of two markets” in the second quarter of 2019, with more expensive single‑family home sales and prices continuing to struggle while lower‑priced condo markets soared. We attribute this divergence to the 2018 Tax Reform cap on state and local tax […]
Rand Country Blog Second Quarter 2019: Real Estate Market Report – Rockland County, New York   The Rockland housing market was a “Tale of Two Markets” in the second quarter of 2019, with single-family home sales struggling and condo sales soaring. After a surge to start the year, the single-family market softened, with sales and prices both falling. But the lower-priced condo market surged, with quarterly prices spiking over 16% on average and at the […]
Rand Country Blog Second Quarter 2019: Real Estate Market Report – Westchester County, New York   The Westchester housing market was the quintessential “Tale of Two Markets” in the second quarter of 2019, with single-family homes struggling while condo and coop sales soared. Single-family home sales were down, continuing a trend we have been watching since the 2018 Tax Reform’s cap on state and local tax deductions (“SALT Cap”). As we expected, the SALT Cap has […]
Rand Country Blog Second Quarter 2019: Real Estate Market Report – Bronx County, New York   Strong demand in the Bronx housing market in the second quarter of 2019 drove pricing up even while limited inventory stifled sales growth. Pricing. Overall pricing was up 14.5% compared to the second quarter of last year, and up for most property types: rising a whopping 32% for single‑family homes, 4% for multi‑families, and 11% for condos. The exception […]