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.
Tracking Jobless Claims by State: Week of April 2, 2020
April, 2 2020
According to the Department of Labor, the number of Americans filing claims for unemployment benefits shot to a record of 6.6 million last week.
Economic Contribution of Small Businesses by Industry, by State
March, 31 2020
Nearly 8 in 10 establishments in the U.S., employing nearly half of the country's workers, falls into the category of "small business."
February 2020 Pending Home Sales
March, 31 2020
Pending home sales data showed that February’s pending home sales pace rose 2.4% last month and increased 9.4% from a year ago.
Savings from Refinancing, by County
March, 31 2020
See how much the monthly mortgage payment changes when rates drop from 4.0% (May 2019) to 3.5% (February 2020) and 3.0%.
Tracking Jobless Claims by State
March, 26 2020
The Labor Department reported that the number of Americans filing claims for unemployment benefits shot to a record of more than 3 million last week.
REALTORS® Confidence Index: February 2020 Highlights
March, 25 2020
This report presents key results about market transactions from the February 2020 REALTORS® Confidence Index survey.
Using Vacant Malls as Coronavirus Health Care Emergency Armories
March, 24 2020
Fully and partially vacant shopping centers can function as hospital units, emergency mask production facilities, and storage for basic goods.
February 2020 Existing-Home Sales
March, 20 2020
Housing market activity this February jumped 6.5% from January 2020, and sales of existing homes improved 7.2 % from February 2019.