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.

Fourth Quarter 2018: Real Estate Market Report – Hudson County, NJ

The Hudson housing market surged yet again in the fourth quarter, with prices rising across the board. Overall sales for the county were down almost 11% from last year’s fourth quarter, with both multi‑family and condo sales falling sharply due to the lack of inventory available on the market. Indeed, for the 2018 year, sales […]
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Fourth Quarter 2018: Real Estate Market Report – Sussex County, NJ

Pricing in the Sussex market surged yet again in the fourth quarter, even while falling inventory held sales down. Transactions were down sharply, falling almost 12% for the quarter, but finishing the year up almost 2%. But the drop in sales clearly did not indicate a lack of demand, with prices spiking across the board: […]
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Fourth Quarter 2018: Real Estate Market Report – Essex County, NJ

Sales in the Essex housing market went up again in the fourth quarter, but this increase in buyer demand had a middling effect on pricing. Sales rose almost 4% for the quarter, and finished the year up over 2%. But pricing was mixed: for the quarter, the average price was down over 4%, even while […]
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Fourth-Quarter 2018: Real Estate Market Report – Morris County, NJ

The Morris housing market finished the year with a welcome burst of price appreciation, the result of low levels of inventory, coupled with strong buyer demand. After a surprising pricing decline in the third quarter, prices came back in the fourth, rising almost 3% on average and 5% at the median. That helped Morris close […]
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Fourth-Quarter 2018: Real Estate Market Report – Passaic County, NJ

Pricing in the Passaic housing market surged in the fourth quarter, closing a robust year in which low levels of inventory suppressed sales, even while driving prices up. Inventory is still falling, dropping over 23% from last year and now down below the six‑month level that usually denotes a seller’s market. And we’re seeing that […]
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Fourth-Quarter 2018: Real Estate Market Report – Bergen County, NJ

The Bergen housing market saw meaningful price appreciation in the fourth quarter, even while a lack of inventory continued to stifle sales growth. Sales were mixed, with single‑family homes down 4%, even while condos were up 3%. For the full 2018 year, sales in both houses and condos were down slightly, the result of constricted […]
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Fourth-Quarter 2018: Real Estate Market Report – Northern New Jersey

Pricing in the housing market in the Northern New Jersey suburbs of New York City continued to appreciate in the fourth quarter of 2018, even while low levels of inventory suppressed sales growth throughout the region. The regional market continues to suffer from a lack of supply. The number of homes available has settled at […]
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Fourth-Quarter 2018: Real Estate Market Report – Bronx, NY

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 for almost 15 years for the markets we service, which include Westchester and the Hudson Valley, Northern New Jersey, and now the […]
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Fourth-Quarter 2018: Real Estate Market Report – Dutchess County, NY

Pricing in the Dutchess housing market soared again in the fourth quarter, with prices rising from high demand and limited inventory. Sales were down, just as in the rest of the region, with low levels of inventory holding back the market. But prices were up across the board: single‑family home prices rose over 12% on […]
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Orange County Affordability: The Monthly Payment You Need to Buy a Home is as Low as it’s Been for the Past 15 Years

Homes in Orange County are about as affordable as they have been in over 20 years. What do I mean by that? It’s simple. Basically, the monthly mortgage payment it takes to purchase the average-priced home in Orange is about as low as it’s been since 1994 – and probably well before that. If you look at the attached graph, you’ll see what I’m talking about. On that graph, we’ve plotted the monthly payment that a purchaser in the county […]

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Rockland County Affordability: The Monthly Payment You Need to Buy a Home is as Low as it’s Been for the Past 15 Years

Homes in Rockland County are about as affordable as they have been in over 13 years. What do I mean by that? It’s simple. Basically, the monthly mortgage payment it takes to purchase the average-priced home in Rockland is about as low as it’s been since 2002 – and probably well before that. If you look at the attached graph, you’ll see what I’m talking about. On that graph, we’ve plotted the monthly payment that a purchaser in the county […]

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Westchester County Affordability: The Monthly Payment You Need to Buy a Home is as Low as it’s Been for the Past 35 Years

Homes in Westchester County are about as affordable as they have been in over 30 years. What do I mean by that? It’s simple. Basically, the monthly mortgage payment it takes to purchase the average-priced home in Westchester is about as low as it’s been since 1981. If you look at the attached graph, you’ll see what I’m talking about. On that graph, we’ve plotted the monthly payment that a purchaser in the county would have to make to purchase […]

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So What’s Going on in the Market?: The Rand Quarterly Market Report for Westchester and the Hudson Valley Region for 2015Q2

This week, Better Homes and Gardens Rand Realty is releasing its Quarterly Market Report for all the counties it services: Westchester, Putnam, Rockland, Orange, and Dutchess Counties in New York; and Bergen, Passaic, and Morris Counties in New Jersey. Below is an excerpt from the report, but you can get the full Report here. The real estate market in Westchester and the Hudson Valley surged in the second quarter of 2015, with sales spiking throughout the region. But even with […]

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So What’s Going on in the Westchester Real Estate Market?: The Rand Quarterly Market Report for 2015Q2

This week, Better Homes and Gardens Rand Realty is releasing its Quarterly Market Report for all the counties it services: Westchester, Putnam, Rockland, Orange, and Dutchess Counties in New York; and Bergen, Passaic, and Morris Counties in New Jersey. Below is an excerpt from the report, but you can get the full Report here. The Westchester real estate market continued to strengthen in the second quarter of 2015, with sales up sharply and inventories tightening. Although pricing was more mixed, […]

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So What’s Going on in the Rockland County Real Estate Market?: The Rand Quarterly Market Report for 2015Q2

This week, Better Homes and Gardens Rand Realty is releasing its Quarterly Market Report for all the counties it services: Westchester, Putnam, Rockland, Orange, and Dutchess Counties in New York; and Bergen, Passaic, and Morris Counties in New Jersey. Below is an excerpt from the report, but you can get the full Report here. The Rockland County housing market continued to strengthen in the second quarter, with sales up significantly and inventories tightening. Even with these sustained increases in buyer […]

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So What’s Going on in the Orange County Real Estate Market?: The Rand Quarterly Market Report for 2015Q2

This week, Better Homes and Gardens Rand Realty is releasing its Quarterly Market Report for all the counties it services: Westchester, Putnam, Rockland, Orange, and Dutchess Counties in New York; and Bergen, Passaic, and Morris Counties in New Jersey. Below is an excerpt from the report, but you can get the full Report here. Activity in the Orange County housing market continued to surge in the second quarter, with sales up and inventories tightening. But pricing is still a challenge, […]

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So What’s Going on in the Putnam County Real Estate Market?: The Rand Quarterly Market Report for 2015Q2

This week, Better Homes and Gardens Rand Realty is releasing its Quarterly Market Report for all the counties it services: Westchester, Putnam, Rockland, Orange, and Dutchess Counties in New York; and Bergen, Passaic, and Morris Counties in New Jersey. Below is an excerpt from the report, but you can get the full Report here. The Putnam County real estate market rose again in the second quarter, with sales continuing to increase and now prices showing some positive signs of growth. […]

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So What’s Going on in the Dutchess County Real Estate Market?: The Rand Quarterly Market Report for 2015Q2

This week, Better Homes and Gardens Rand Realty is releasing its Quarterly Market Report for all the counties it services: Westchester, Putnam, Rockland, Orange, and Dutchess Counties in New York; and Bergen, Passaic, and Morris Counties in New Jersey. Below is an excerpt from the report, but you can get the full Report here. The Dutchess County housing market continued to strengthen in the second quarter, with sales up significantly. Even with these sustained increases in buyer demand, though, we’re […]

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So What’s Going on in the Bergen County Real Estate Market?: The Rand Quarterly Market Report for 2015Q2

This week, Better Homes and Gardens Rand Realty is releasing its Quarterly Market Report for all the counties it services: Westchester, Putnam, Rockland, Orange, and Dutchess Counties in New York; and Bergen, Passaic, and Morris Counties in New Jersey. Below is an excerpt from the report, but you can get the full Report here. The Bergen County housing market continued to strengthen in the second quarter of 2015, with sales and prices up across the board compared to last year. […]

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