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 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.
Martin Luther King, Jr. Day 2020
January, 17 2020
70% of all REALTORS® volunteer in their community, and the typical REALTOR® who volunteers is 53 years old.
January 17, 2020
Upfront Cost of Buying a Home
January, 16 2020
When buying a home, most buyers focus on the down payment costs, but budgeting also needs to be done for closing costs.
January 16, 2020
Age of Buyers is Skyrocketing…But Not for Who You Might Think
January, 13 2020
Overall, buyers’ ages have jumped from a median of 31 in 1981 to 47 in 2019. What's the story behind this change?
January 13, 2020
How long do homeowners stay in their homes?
January, 8 2020
Owners typically stay fewer years in their homes in metro areas with a high concentration of new residents, a NAR analysis shows.
January 8, 2020
November 2019 Existing-Home Sales
December, 20 2019
Housing market activity this November fell 1.7%. November’s sales of existing homes increased 2.7% from November 2018.
December 20, 2019
Housing Affordability Slightly Dips in October 2019
December, 19 2019
At the national level, housing affordability conditions improved in October 2019 compared to last a year ago but slightly fell compared to September.
December 19, 2019
October 2019 Pending Home Sales
December, 4 2019
October's pending home sales pace was down 1.7% last month, but rose 4.4% from a year ago.
December 4, 2019
South and Midwest Regions are Gaining Larger Share of Homebuyers
December, 3 2019
The South and Midwest regions have accounted for an increasing fraction of existing home sales since 2012.
December 3, 2019