The Orange County housing market finally showed the long awaited signs of meaningful price appreciation in the first quarter of 2016, with prices up significantly for the first time in almost 10 years. Sales. Orange sales were up yet again, rising 31% from last year and now up over 28% for the rolling year. This was nothing new – we have now seen sustained increases in … [Read more...]
First Quarter 2016 Real Estate Market Report: Westchester & Hudson Valley Market Overview
The Westchester and Hudson Valley regional housing market in the first quarter of 2016 picked up where 2015 left off, with another surge in sales activity that is still not yet having a widespread impact on home prices. With inventory declining throughout the region, though, we believe that we will start seeing meaningful price appreciation before the end of the year. In our … [Read more...]
Presidential Homes in the Lower Hudson Valley
For those of you who live in the Lower Hudson Valley, you probably know the area has some rich bits of history ingrained in its land. Whether or not you’re a history buff, you can’t deny how interesting it is to live in a place where notable political figures have made their mark. To coincide with the recent President’s Day and ongoing presidential debates, here are some … [Read more...]
So What’s Going on in the Orange County Real Estate Market?: The Rand Quarterly Market Report for 2015Q4
Orange County surged again in the fourth quarter of 2015, with sales reaching levels we have not seen in over ten years, but this rising demand has not yet had its expected impact on pricing. Sales. Orange County sales spiked again, rising 20% from the fourth quarter of last year and up 29% for all of 2015. We have now seen sustained sales growth for more than three years, … [Read more...]
So What’s Going on in the Market?: The Rand Quarterly Market Report for Westchester and the Hudson Valley Region for 2015Q4
The Westchester and Hudson Valley regional housing market finished 2015 strong, with another surge in activity that drove sales up almost 17% for the year. And although this sustained increase in buyer demand has not yet had its expected impact on pricing, declining levels of inventory are now signaling that meaningful price appreciation is imminent. In other words – welcome … [Read more...]