In the last two centuries, approximately 90% of all millionaires and billionaires have been real estate investors — and, as billionaire industrialist Andrew Carnegie said, “the wise young man or wage earner of today invests his money in real estate.”

For Investors: Real Estate News and Info from the Ulster County Board of REALTORS®

For the average investor, though, that’s easier said than done. Purchasing real property can be tricky, whether you’re looking for a fix-and-flip, ongoing passive income, or a long-term buy-and-hold. Not every stock price goes up, and nor does the value of every home.

As with all investments, if you’re considering purchasing an investment property in Ulster County, you need the guidance of a seasoned professional expert in local real estate investing.

Here, you will find comprehensive real estate data analysis from the New York State Association of REALTORS®; the latest industry news for real estate investors; the top reasons you should use a REALTOR®; our MLS home-listing search tool; town-by-town descriptions of life in Ulster County; and the best ways to connect directly with the Ulster County Board of REALTORS®.

Remember: If you know the town in which you want to invest, it’s never been easier to find a real estate agent. Google the town name and “real estate agent,” and contact licensed REALTORS® with experience advising investors in the area.

Real Estate News

August 2018 Existing-Home Sales

September, 21 2018

NAR released a summary of existing-home sales data showing that housing market activity this August was steady yet flat from last month, and dropped 1.5 percent from last year. August’s existing-home sales maintained a 5.34 million seasonally adjusted annual rate. The national median existing-home price for all housing types was $264,800 in August, up 4.6 […]

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REALTORS® Confidence Index Survey: August 2018 Highlights

September, 20 2018

The REALTORS® Confidence Index (RCI) [1] survey gathers monthly information from REALTORS® about local real estate market conditions, characteristics of buyers and sellers, and issues affecting homeownership and real estate transactions.[2] This report presents key results about market transactions from August 2018. View and download the full report here. Market Conditions and Expectations The REALTORS® […]

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How Many Active Listings Can you Afford to Buy in the 100 Largest Metro Areas?

September, 18 2018

Find out how many of the homes which are currently listed for sale you can afford to buy based on your income. A typical household earning about $51,000[1] can afford to buy 36% of homes for sales in the United States, according to the REALTORS® Affordability Distribution Curve and Score (RADCS). The tool below, updated […]

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July 2018 Housing Affordability Index

September, 14 2018

At the national level, housing affordability is up from last month but down from a year ago. Mortgage rates rose to 4.75 percent this July, up 14.7 percent compared to 4.14 percent a year ago. Housing affordability declined from a year ago in July moving the index down 8.2 percent from 151.2 to 138.8. The […]

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Homes Typically Sold in 27 Days in July 2018

September, 7 2018

Amid strong demand compared to homes for sale, REALTORS® reported that properties were typically on the market for 27 days, a shorter time compared to one year ago (30 days) and about the same level during the prior month (26 days), according to the  July 2018 REALTORS® Confidence Index Survey.[1] During the May–July 2018, properties […]

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