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.

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

  The Bergen County housing market cruised through the third quarter of 2019, with increases in both sales and prices. Single‑family home sales were up almost 5%, and are now positive for the rolling year. And prices were up, rising 1.5% on average even though flat at the median. We believe that the market is […]
Read More

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

  The Northern New Jersey housing market experienced modest but meaningful price appreciation through the third quarter of 2019, even while sales growth was stifled by a lack of inventory and the impact of the 2018 Tax Reform cap on state and local tax deductions (i.e., the “SALT Cap”). Going forward, we believe that strong […]
Read More

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

  The Passaic County seller’s market continued through the third quarter of 2019, with limited inventory driving strong price appreciation even while it held back sales growth. Prices keep going up, with the average price rising almost 5% for the quarter and over 4% for the rolling year. And while relatively low levels of inventory […]
Read More

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

  The Morris County housing market surged forward in the third quarter of 2019, with prices rising sharply even while limited inventory stifled sales growth. Prices experienced their biggest quarterly jump in over two years, rising almost 4% on average and 5% at the median compared to the third quarter of last year. For the […]
Read More

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

  Sales in the Essex housing market went up yet again in the third quarter of 2019, even while prices leveled off after some modest increases earlier in the year. Sales rose almost 3% for the quarter, and finished the rolling year up almost 5%. But this continued increase in sales is not yet having […]
Read More

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

  The Sussex County housing market showed significant signs of strength in the third quarter of 2019, with modest sales increases coupled with sharp price appreciation. Sales were up almost 2%, a welcome change from the past two quarters. Even with that quarterly increase, though, sales are still down over 8% for the rolling year. […]
Read More

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

  After sizzling throughout much of 2018, the Hudson County housing market continued its 2019 struggles through the third quarter. Sales were down almost 6% overall from last year’s third quarter, and are now down 6% for the rolling year. But even with this decline in sales, prices still appreciated modestly: average prices were up […]
Read More

Third Quarter 2019: Real Estate Market Report – Bronx County, New York

  Pricing in the Bronx housing market surged again in the third quarter of 2019, as robust demand continued to push prices up even while a lack of inventory held sales down. Going forward, we believe that the fundamentals are strong, and expect a robust market through the winter and into 2020. Pricing. Overall pricing […]
Read More

Third Quarter 2019: Real Estate Market Report – Westchester County, New York

  The Westchester housing market surged in the third quarter, showing signs of recovery from the lingering effects of the 2018 Tax Reform cap on state and local taxes (“SALT Cap”). Single‑family home sales were up about 1% compared to last year’s third quarter, the first year‑on‑year increase since the SALT Cap was passed. Similarly, […]
Read More

Older Posts

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 […]

Read More

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 […]

Read More

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 […]

Read More

“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 […]

Read More

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

The Northern New Jersey housing market slowed a bit in the first quarter of 2019, with sales down and prices flat. But we believe that the market is still poised for sales growth and price appreciation in what will be a relatively robust spring market. Regional sales were down, but the results varied by county. Regional single-family sales fell about 4% for the quarter, but that cumulative number masked a real divergence in the county results. For example, sales were […]

Read More

First Quarter 2019: Real Estate Market Report – Lower Hudson Valley, NY

The housing market in Westchester and the Hudson Valley was a “tale of two markets” in the first quarter of 2019, with a sharp divergence between higher-priced and lower-priced counties. But we believe that the market is still poised for sales growth and price appreciation in what will be a relatively robust spring market. Regional sales were down, but the results varied by county and property type. Regional single-family sales fell about 3% for the quarter, but that cumulative number […]

Read More

First Quarter 2019: Real Estate Market Report – Bergen County, NJ

The Bergen County housing market coasted through the first quarter of 2019, with prices flat but sales up modestly. For the quarter, single-family sales rose almost 3%, but the average price was down just a tick. The single-family market has been slowly cruising along for the past year, with little sales growth and only about 1% of price appreciation, which is a little disappointing considering the market fundamentals. We might be seeing some impact from the 2018 Tax Reform’s $10,000 […]

Read More

First Quarter 2019: Real Estate Market Report – Bronx County, NY

The Bronx housing market stumbled in the first quarter of 2019, slowing after torrid growth throughout most of 2018.  Sales were down sharply for most property types, and prices were mixed. Going forward, we will be watching to see if this trend continues in the traditionally robust spring market, but believe that the fundamentals of the market are still very strong. Prices were mixed, depending on property type.  The average price was up just a little more than 1% for […]

Read More

First Quarter 2019: Real Estate Market Report – Dutchess County, NY

Pricing in the Dutchess housing market soared again in the first quarter, with single-family home prices spiking from high demand and limited inventory. Average prices were up almost 19% from the first quarter of last year, and over 11% for the rolling year. We caution readers, though, not to read too much into that data, because the quarterly average price was skewed by a number of large-acreage multi-million-dollar sales that are not representative of the average homeowner experience. That said, […]

Read More

First Quarter 2019: Real Estate Market Report – Essex County, NJ

Sales in the Essex housing market went up again in the first quarter of 2019, but this increase in buyer demand had a middling effect on pricing. Sales rose over 5% for the quarter, and finished the rolling year up almost 4%. But pricing was mixed: for the quarter, the average price was down over 4% for the quarter, and down 2% for the year. We might be seeing some impact from the 2018 Tax Reform’s $10,000 cap on state […]

Read More