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.
Instant Reaction: Mortgage Rates, April 18, 2024
April, 18 2024
Mortgage interest rates rose to 7.1% this week; despite higher mortgage rates, mortgage applications increased.
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Instant Reaction: Mortgage Rates, April 11, 2024
April, 11 2024
Yesterday's inflation figures rose to 3.5%, and as a result, mortgage interest rates are likely to increase in the coming weeks.
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Instant Reaction: CPI, April 10, 2024
April, 10 2024
March inflation figures were very bad, which also means bad news for interest rates.
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Instant Reaction: Jobs, April 5, 2024
April, 5 2024
The job market is strong, with 303,000 net payroll job additions in March; 39,000 net new jobs in construction means more housing supply is coming.
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Instant Reaction: Mortgage Rates, April 4, 2024
April, 4 2024
Mortgage interest rates continue their now 17-week stay in the mid-6% range, with the current 30-year mortgage interest rate at 6.82%.
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Instant Reaction: Mortgage Rates, March 28, 2024
March, 28 2024
Mortgage interest rates have continued in the mid-6% range for 16 weeks, with the 30-year fixed rate down slightly to 6.79% from 6.8% the week prior.
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In Honor of Women's History Month, a Look at Successes and Challenges for Women in Homeownership
March, 18 2024
We're seeing more and more women becoming homeowners, with single women making a notable impact in the housing market.
Women Homebuyers
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Instant Reaction: Mortgage Rates, March 14, 2024
March, 14 2024
Mortgage interest rates continued their 14-week stay within the mid-6% range this week, falling from 6.88% to 6.74%
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