The Rand NewsReal

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.

Second Quarter 2019: Real Estate Market Report – Hudson County, New Jersey

  After sizzling throughout 2018, the Hudson County housing market continued to slow down in the second quarter of 2019. Sales were down over 6% overall from last year’s second quarter, and now down 6% for the rolling year. But this decline in sales did not have a dramatic effect on pricing, which was up about 4% overall and rising across the […]
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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 […]
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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 deductions, which is suppressing what […]
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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 […]
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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 […]
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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. […]
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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 […]
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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 […]
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Better Homes and Gardens 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 […]
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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 was pricing for cooperative apartments, which fell about 9% for the quarter – even while it was up over 2% for the rolling year. Sales. We saw […]

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Second Quarter 2019: Real Estate Market Report – Hudson County, New Jersey

  After sizzling throughout 2018, the Hudson County housing market continued to slow down in the second quarter of 2019. Sales were down over 6% overall from last year’s second quarter, and now down 6% for the rolling year. But this decline in sales did not have a dramatic effect on pricing, which was up about 4% overall and rising across the board: up 5% for single‑family homes, over 5% for multi‑families, and up 3% for condos. We might be seeing some impact from the 2018 Tax Reform’s $10,000 cap […]

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Second Quarter 2019: Real Estate Market Report – Sussex County, New Jersey

  The Sussex market slowed considerably in the second quarter, with sales down even while pricing was more positive. Transactions were down sharply, falling 13% for the quarter and now down over 8% for the rolling year. But the drop in sales clearly did not indicate a lack of demand, with median pricing up over 5% for the quarter and almost 4% for the year. More importantly, inventory has finally come down to manageable levels, even though it’s still not at the 6‑month level that denotes a sellers’ market. Going forward, […]

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Second Quarter 2019: Real Estate Market Report – Essex County, New Jersey

  Sales in the Essex housing market went up again in the second quarter of 2019, and finally started to drive some meaningful price appreciation. Sales rose over 8% for the quarter, and finished the rolling year up over 5%. And this sustained increase in sales is finally having an impact on pricing, which was up over 2% on average and almost 4% at the median. The rolling year pricing is still relatively flat (down 1% on average, up 2% at the median), but the trend is positive […]

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Second Quarter 2019: Real Estate Market Report – Morris County, New Jersey

  The Morris County housing market stumbled through the second quarter of 2019, with both prices and sales down slightly. Transactions were down almost 5% from last year’s second quarter, finishing a rolling year in which they were down almost 4%. Pricing was generally flat, with the average price falling about 1% for the quarter, almost perfectly flat for the rolling year. We might be seeing some impact from the 2018 Tax Reform’s $10,000 cap on state and local tax deductions (SALT Cap), which particularly affected higher‑income taxpayers like Morris […]

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Second Quarter 2019: Real Estate Market Report – Passaic County, New Jersey

  Sales in the Passaic housing market slowed down in the second quarter of 2019, even while strong demand continued to push prices up. We continue to clear signs of a thriving seller’s market. Prices are still going up, with the average price rising almost 1% for the quarter and over 3% for the rolling year. And while relatively low levels of inventory are still holding back sales growth, causing a 6% decline in transactions this quarter, that inventory is starting to creep up as homeowners seeing prices go […]

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Second Quarter 2019: Real Estate Market Report – Northern New Jersey

  Sales growth in the Northern New Jersey housing market was suppressed by both a continued lack of inventory and the impact of the 2018 Tax Reform SALT Cap, but we did see modest but meaningful price appreciation in many county-wide markets. We believe that the market is still poised for both sales and price growth in what will be a strong summer and fall market. Regional sales were down slightly, but the results varied by county. Regional single‑family sales fell about 3% for the quarter, finishing […]

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Second Quarter 2019: Real Estate Market Report – Bergen County, New Jersey

  The Bergen County housing market was flat through the second quarter of 2019, with both sales and pricing tracking close to last year. Single‑family home sales were down about 2%, while condo sales were up about 2%. Similarly, pricing was mixed, with both single‑family home and condo prices falling about 1% on average. We believe that the market is being hampered by both a lack of viable inventory and the 2018 Tax Reform cap on state and local tax deductions (the “SALT Cap”), which hits particularly hard […]

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Better Homes and Gardens Rand Realty Distinctive Collection Awarded “#1 Team in Volume” in U.S.

CLOSTER, NJ — Attilio Adamo, a trailblazer in marketing and selling luxury homes, received the award for #1 Team in Volume company-wide by Better Homes and Gardens Real Estate,  which includes a network of 12,000 independent sales associates and 360 offices across the United States, Canada, Jamaica, and The Bahamas. Adamo, New Jersey’s leading broker, is based out of the Better Homes and Gardens Rand Realty office in Closter, NJ and leads the Distinctive Collection, which features homes selling for $1M and […]

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“Award winning top White Plains Realtors Peter Gorbutt And Carlos Gomez join Better Homes and Gardens Rand Realty”

White Plains, NY—Better Homes and Gardens Rand Realty has added two new Associate Brokers to its award-winning team: Peter Gorbutt and Carlos Gomez, who are both consistently-ranked multi-million dollar agents. Says Denise Friend, Regional Branch Manager, “We could not be more thrilled to have Peter and Carlos on our White Plains team of top producers.  They really know this market and understand what our clients want and need and are able to deliver it all when it comes time to […]

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