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Third-Quarter 2017 Real Estate Market Report: Westchester & Hudson Valley Market Overview

The housing market in Westchester and the Hudson Valley surged again in the third quarter of 2017, with strong buyer demand driving meaningful price appreciation even while declining inventory stifled sales growth. With inventory rates continuing to fall, we expect this trend to continue through the rest of the year. Inventory throughout the region continues to fall. Regional inventory was down almost 23%, and is now down to 6.1 months– right at the level that the industry considers a “balanced” […]

Managing Multiple Offer Situations: Should You Go with a Highest, Best, and NOT Final Bidding Process?

As the market is heating up, we’re seeing the return of multiple offer situations and “bidding wars.” So I thought it might be helpful to write up an explanation of how multiple offer situations work, with some recommendations as to how sellers and agents should handle them. What is a Multiple Offer Situation? A “multiple offer situation” is simply one where two or more buyers are making simultaneous offers on the same listing. Right now, our local markets have inventory shortages: too […]

Why Every Home Seller Should Get Staging (and Detailing) Services from their Agent

I don’t know why so many home sellers still don’t property stage their homes. Maybe it’s because “staging” as a real estate concept started in the very high end, and people still think that it’s only appropriate for select luxury properties. Maybe it’s because the first professionals who offered staging did it as outside consultants, not as part of their core real estate services, and it’s stayed as a “specialized” service offered as an “extra.” Whatever the reason, though, home […]

Better Homes and Gardens Rand Realty Opens Office in Morristown, NJ

NANUET, NY – Better Homes and Gardens Rand Realty is pleased to announce that they have opened a new office in Morristown, New Jersey, at 163 Madison Avenue, Suite 110. “It’s a modern-day workplace in an office building, which is a perfect meeting spot for agents and clients,” said Jeffrey Halpern, business development manager for the New Jersey offices of Better Homes and Gardens Rand Realty. “It has all of the technology, support, and space that’s necessary for the agents’ […]

Better Homes and Gardens Rand Realty Welcomes New Manager for Suffern, NY and Ramsey, NJ Branches

NANUET, NY – Better Homes and Gardens Rand Realty is pleased to announce they have named Daniel Brozyna as the new manager for their offices in Suffern, New York and Ramsey, New Jersey. “I’m excited to have the opportunity to work with this productive team of associates and the Rand family,” said Brozyna. “I hope to continue what Joy Dorn helped to build, and I wish her all of the best in her retirement.” First licensed in 2004, Brozyna holds […]

Better Homes and Gardens Rand Realty Acquires Riverside Realty in Hoboken, NJ

NANUET, NY – Better Homes and Gardens Rand Realty is pleased to announce that it has acquired Riverside Realty, which is located at 209 Washington Street in Hoboken, New Jersey. “We received a high demand of requests from agents in Hoboken to find out when we were going to be entering that market, and we’re very excited to arrive there and work with Riverside Realty,” said Justin Wrobel, New Jersey regional manager for Better Homes and Gardens Rand Realty. “Over […]

Better Homes and Gardens Rand Realty Holds Staging Certification Class

NANUET, NY – Better Homes and Gardens Rand Realty is pleased to announce that over 350 of their agents were in attendance at a staging certification class on Wednesday, July 26, 2017, at the Crowne Plaza in Suffern, New York. “As Certified Home Marketing Specialists, CHMS agents have gained staging and marketing skills to help sellers strategically prepare their property for the market,” said Martha Webb, home-staging pioneer and author of “Dress Your House for Success.” “CHMS agents have proven […]

Second Quarter 2017 Real Estate Market Report – Sussex County, New Jersey

Activity in the Sussex County housing market surged yet again in the second quarter of 2017, with sales up sharply even while prices continued to soften. Sales. Sussex sales were up yet again in the second quarter, rising over 25% from last year. And for the year, sales increased over 20%, with over 2,600 home sales representing the highest 12-month total in over 10 years. Indeed, Sussex sales are now up almost 125% from the bottom of the market in […]

Second Quarter 2017 Real Estate Market Report – Essex County, New Jersey

The Essex County housing market surged again in the second quarter of 2017, with increases in both sales and prices coupled with another drop in available inventory. Sales. Essex sales activity was up again, rising over 13% from the second quarter of last year. For the rolling year, sales are now up over 7%. Indeed, Essex closed over 5,300 units over the rolling year, the largest 12-month total since the height of the last seller’s market over 10 years ago, […]

Second Quarter 2017 Real Estate Market Report – Morris County, New Jersey

Prices in the Morris County housing market showed meaningful signs of appreciation in the second quarter of 2017, even while low levels of inventory stifled sales growth. Sales. Morris County sales were up slightly, rising over 3% from the second quarter of last year. This continued a streak in which year-on-year sales have now gone up for 11 straight quarters, almost three years of sustained buyer demand. For the year, sales were up over 6%, and are now up over […]

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Plawker Real Estate Merges With Local Real Estate Leader Howard Hanna Rand Realty

Howard Hanna | Rand Realty the newest members of Leading Real Estate Companies of the World® and Luxury Portfolio International®

Howard Hanna | Rand Realty forms technology partnership with RealScout to bring new services to clients.

Older Posts

Third-Quarter 2017 Real Estate Market Report: Westchester & Hudson Valley Market Overview

Managing Multiple Offer Situations: Should You Go with a Highest, Best, and NOT Final Bidding Process?

Why Every Home Seller Should Get Staging (and Detailing) Services from their Agent

Better Homes and Gardens Rand Realty Opens Office in Morristown, NJ

Better Homes and Gardens Rand Realty Welcomes New Manager for Suffern, NY and Ramsey, NJ Branches

Better Homes and Gardens Rand Realty Acquires Riverside Realty in Hoboken, NJ

Better Homes and Gardens Rand Realty Holds Staging Certification Class

Second Quarter 2017 Real Estate Market Report – Sussex County, New Jersey

Second Quarter 2017 Real Estate Market Report – Essex County, New Jersey

Second Quarter 2017 Real Estate Market Report – Morris County, New Jersey