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Rand Country Blog Real Estate Market Report: Third Quarter 2016 – Westchester & Hudson Valley Market Overview The housing market in Westchester and the Hudson Valley in the third quarter of 2016 defied the standard economic laws of supply and demand. Sales were up and inventory was down, but prices were flat across the board. Why? Maybe buyers are just leery of making a move during a tumultuous presidential election year. Sales […]
Rand Country Blog Are Home Prices in the Manhattan Suburbs Due? — The Big City Exodus Theory Are home prices in the New York City suburbs on the rise? We’re not seeing it in the data just yet.  Even with home sales up pretty robustly for the past five years, home prices in the Manhattan suburbs have been relatively flat since their financial crisis correction back in 2008-2010.  At some point, you […]
Rand Country Blog Second-Quarter 2016 Real Estate Market Report: Sussex County The Sussex County housing market surged again in the second quarter of 2016, with sales up significantly even while prices continued to struggle. Sales. Sussex sales were up sharply in the second quarter, rising 23% from last year and finishing the year up over 26%. This continued a trend that we’ve been watching for the […]
Rand Country Blog Second-Quarter 2016 Real Estate Market Report: Essex County The Essex County housing market stalled in the second quarter of 2016, with sales up slightly but prices continuing to struggle. Sales. Essex activity was a bit disappointing in the second quarter, with transactions up only 4% after a robust beginning to the year. Any kind of increase is a good sign for Essex homeowners, […]
Rand Country Blog Second-Quarter 2016 Real Estate Market Report: Morris County The Morris County housing market surged again in the second quarter of 2016, with sales up sharply. Despite increasing buyer demand, though, prices still disappointed. Sales. Morris County sales were up almost 18% in the second quarter, marking the seventh straight quarter of year‑on‑year sales growth. The long‑term trend is also encouraging, with sales up […]
Rand Country Blog Second-Quarter 2016 Real Estate Market Report: Passaic County The Passaic County housing market surged again in the second quarter, but another sharp increase in sales is still not having its expected impact on pricing. Sales. Passaic sales were up again in the second quarter, rising almost 22% from last year and finishing the rolling year up over 15%. Indeed, we’ve now seen sustained […]
Rand Country Blog Second-Quarter 2016 Real Estate Market Report: Bergen County Activity in the Bergen County Housing Market was up significantly in the second quarter of 2016, but pricing continued to struggle. Sales. Bergen sales rose again in the second quarter, with transactions up over 11% for the quarter. Buyer demand in Bergen has now been growing for almost two years, with seven straight quarters of […]
Rand Country Blog Second-Quarter 2016 Real Estate Market Report: Northern New Jersey Market Overview The Northern New Jersey housing market continued to surge in the second quarter of 2016, with sales up sharply throughout the region. But rising levels of buyer demand are not yet having any real impact on pricing, which was flat or down in each of the counties. Sales were up over 13% for the region, […]
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Rand Country Blog Second-Quarter 2016 Real Estate Market Report: Dutchess County The Dutchess County housing market surged forward in the second quarter of 2016, with strong increases in sales activity coupled with modest but promising signs of price appreciation. Sales. Dutchess single‑family home sales were up again in the second quarter, rising 18% from last year. This marked the seventh quarter in a row with year‑on‑year‑sales […]
Rand Country Blog Second-Quarter 2016 Real Estate Market Report: Putnam County The Putnam County housing market surged in the second quarter of 2016, with dramatic increases in both sales and prices. Sales. Putnam sales spiked in the second quarter, with single‑family home closings up over 36% compared to last year. The Putnam market is just sizzling, with transactions up in eight straight quarters and 16 out […]
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 […]
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 […]
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Howard Hanna | Rand Realty, founded in 1984, is licensed in New York, New Jersey, Connecticut, Pennsylvania. It is the No. 1 real estate brokerage in NY's Greater Hudson Valley with 26 offices serving Westchester, Rockland, Orange, Putnam, Dutchess, Ulster and Sullivan counties in New York and Bergen, Morris, Hudson and Passaic counties in New Jersey. Based on market share, Rand is the No. 3 real estate company in Westchester, No. 1 in Rockland and No. 1 in Orange. The company has more than 1,000 sales associates.

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