Joe Rand, our Editor-in-Chief and lead contributor is the Chief Creative Officer at Better Homes and Gardens Rand Realty.
He is the founder of the “Client-Oriented Real Estate” (“CORE”) school of real estate education, based on the idea that real estate agents should build their business by learning how to be great at the job of helping clients buy and sell homes.
He has been a featured speaker and moderator at Real Estate Connect, the RIS Media CEO Conference, the Women’s Council of REALTORS Annual Conference, and many other industry events.
He is a regular contributor to Inman Media, writing about industry issues mostly relating to agent education and client service.
He is a graduate of Georgetown University, Georgetown Law Center, Stanford Law School, and a former law professor at Brooklyn Law School and Fordham Law School.
He lives in Nyack, New York with his wife and two children.
With Better Homes and Gardens Rand Realty’s recent expansion into the Bronx, we are delighted to present the Rand Quarterly Market Report for Bronx County. We have been providing these quarterly market analyses or almost 15 years for the markets we service, which include Westchester and the Hudson Valley, Northern New Jersey, and now the Bronx. We hope you enjoy the Report, and if you have any questions, please reach out to your Rand Realty agent. The Bronx housing market […]
Read MorePricing in the Dutchess housing market soared again in the third quarter, with prices rising from high demand and limited inventory. Sales were down, just as in the rest of the region, from a lack of supply, not a lack of demand, which you can see from the pricing trends: Single‑family home prices rose almost 7% on average and 12% at the median for the quarter, finishing the rolling year up 7% on average and almost 10% at the median. […]
Read MoreThe Putnam housing market absolutely soared through the third quarter of 2018, with dramatic increases in both sales and particularly in pricing. Putnam was the only county in the region to experience sales growth this quarter, with transactions rising 3% for houses and 5% for condos. The real story was price appreciation, with prices up across the board: Houses were up 11% on average, 5% at the median, and 8% in the price‑per‑square‑foot, and condos were up 13% on average […]
Read MoreThe Orange County housing market soared yet again in the third quarter of 2018, with prices exploding upward. With inventory still very low, and demand high, house prices rose 14% on average, 8% at the median, and 12% in the price‑per‑square‑foot, while condo prices were up 17% on average, 12% at the median, and 14% in the price‑per‑square‑foot. More importantly, after years of frustrating stagnation, we’re finally seeing sustained appreciation trends in Orange County. This was the ninth straight quarter […]
Read MoreThe Rockland housing market had another strong quarter, with prices up, even while a lack of inventory held back sales growth. Sales of houses were down almost 3% for the quarter, and are now down almost 5% for the year. But that’s more a reflection of a lack of supply, not a lack of demand, evidenced by continuing appreciation, with prices up 6% on average and 7% at the median for the quarter, and now up 6% on average and […]
Read MoreThe Westchester housing market held steady in the third quarter of 2018, with a small decline in sales coupled with flat pricing. We believe that the decline in sales comes largely from a shortage of viable inventory, rather than a lack of demand, but it may be that the 2018 tax reform changes have hampered demand in the highest end of the market, increasing the percentage of lower‑priced homes in the mix of properties sold and thereby suppressing price appreciation. […]
Read MoreDespite concerns that the 2018 tax reform law would undermine housing values, Westchester and the Hudson Valley held steady in the third quarter, with prices rising throughout the region and up dramatically in some counties. Some analysts have expressed concerns about the effects of the 2018 Tax Reform law on our regional housing market. The tax law capped the deductibility of state and local taxes and reduced the mortgage interest deduction, which particularly impacts high‑tax areas, like Westchester and the […]
Read MoreNANUET, NY – Better Homes and Gardens Rand Realty continues to grow throughout Northern New Jersey, following their Wayne, New Jersey, office’s acquisition of Tri-County Realty, which was located in the township and owned by Joseph Palermo, a broker/salesperson. “I’ve had the privilege of leading my brokerage for 20 years, and I’m grateful that my dedicated team now has the chance to work with Better Homes and Gardens Rand Realty,” said Palermo. “My agents have a strong commitment to service, […]
Read MoreThe Hudson County housing market surged again in the second quarter, with low levels of inventory stifling sales activity but driving a spike in pricing. Overall sales for the county were down about 3%, with both multi-family and condo sales falling sharply due to the lack of inventory available on the market. But that lack of supply, coupled with high levels of demand, is having a dramatic impact on pricing. Average prices were up almost 8% for all property types, […]
Read MoreThe Sussex market surged again in the second quarter, with sharp increases in both sales and prices. Transactions were up over 11% from last year’s second quarter, continuing a yearlong trend that brought sales up almost 14% for the rolling year. That kind of buyer demand has winnowed down the housing supply, with the months of inventory falling over 21% from last year and now getting close to the six‑month mark that signals a seller’s market. We’re certainly moving into […]
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