The regional housing market in Westchester and the Hudson Valley started to show the first signs of meaningful price appreciation in the first quarter of 2017, with prices up in most of the counties. Moreover, with inventory rates dropping, we expect this trend to continue through a robust Spring market and for the rest of 2017. Inventory throughout the region continues to … [Read more...]
Homes in Northern New Jersey Are Cheaper Than They’ve Been in a Generation!
Right now is a really great time to be buying a home in Northern New Jersey Man, do I hate saying that. As I've explained before, I hate the phrase "great time to buy," for a couple of reasons. First, people have different needs, and a market that's great for one person might be terrible for another person. Second, while markets tend to move together, we do see … [Read more...]
Homes in Westchester and the Hudson Valley are STILL Cheaper Than They Have Been in a Generation
Right now is a really great time to be buying a home in Westchester or the Hudson Valley. Man, do I hate saying that. As I've explained before, I hate the phrase "great time to buy" for a couple of reasons. First, people have different needs, and a market that's great for one person might be terrible for another person. Second, while markets tend to move together, we … [Read more...]
Better Homes and Gardens Rand Realty Quarterly Market Report For 2016Q4 – Sussex County, New Jersey
The Sussex County housing market surged yet again in the fourth quarter of 2016, with sales up sharply and an eyeopening spike in prices. Sales. Sussex sales were up again in the fourth quarter, rising over 18% from the fourth quarter of last year. And for the year, sales increased almost 19%, finishing 2016 with the highest yearly transactional total in over 10 years, since … [Read more...]
Better Homes and Gardens Rand Realty Quarterly Market Report For 2016Q4 – Essex County, New Jersey
The Essex County housing market finished the year with a surge in sales, but these sustained increases in buyer demand have not had their expected impact in driving price appreciation. Sales. Essex sales activity recovered from a disappointing third quarter, with sales rising almost 11% from the fourth quarter of last year and finishing the calendar year up almost 5%. Buyer … [Read more...]