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

So What’s Going on in the Market?: The Rand Quarterly Market Report for Westchester and the Hudson Valley Region for 2015Q3

The housing market in Westchester and the Hudson Valley surged forward in the third quarter of 2015, with sales up dramatically throughout the region. More importantly, several counties showed signs of “green shoots” of meaningful price appreciation, reflecting the impact of the sustained increases in buyer demand that we’ve seen over the past few years. Home sales continued to spike, rising 19% throughout the region. This continued a trend we’ve been tracking for several years, with year-over-year regional sales now […]

Read More

Saying "YES!" to Support Our Local Towns and Villages

I was thinking today about our local communities and the challenges we all face from changing demographics, economics, and consumer behavior. Take traditional “local” supermarkets, for example. I live in Nyack, which has a great walkable downtown but doesn’t have a supermarket in the village – and now has seen both an A&P and a Stop & Shop close in the local area. What’s happening is that “traditional” local supermarkets are slowly getting displaced by centralized mega markets like Fairway, […]

Read More

Removing the Mysteries Behind Co-Ops and How They Work

“Co-op,” which is short for “housing cooperative,” is one of those real estate terms that I have heard about in passing, but never really had a full understanding of what it meant. I knew a co-op was some kind of apartment, but that’s about it. If you have never owned a co-op, there’s the possibility that your understanding of what it is might be a little vague. This week, we will talk about what a co-op is and the pros […]

Read More

Home Buying During the Back-to-School Season

We’re already at the end of the second week of September, and the new academic year is in full swing. Parents are adjusting their schedules to fit with their children’s extracurriculars, getting used to an empty nest if their children are starting college, finishing up putting away all of the summer paraphernalia, or if you have recently moved into a new home, you’re probably getting ready for your child to venture into a new school district. If none of these […]

Read More

How to Conduct a Final Walk-Through of Your New Home

You’re almost there. You’re just about ready to close on your new home. While this should be a cause for celebration, you’re not exactly out of the woods just yet because there’s still the matter of having to do the final walk-through to make sure everything is how you want it to be before you close. As you’re doing the walk-through, here are some things you should keep in mind as you’re making sure everything is in order. One very […]

Read More

Dutchess 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 Dutchess 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 Dutchess 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 […]

Read More

Putnam 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 Putnam 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 Putnam 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 […]

Read More

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 […]

Read More

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 […]

Read More

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 […]

Read More