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

Instant Reaction: Mortgage Rates, September 21, 2023

September, 21 2023

Instant Reaction: Mortgage Rates, September 21, 2023

Mortgage interest rates remained relatively steady in the last week at an elevated rate of 7.19% for the 30-year fixed.

Read More

Instant Reaction: Fed Announcement, September 20, 2023

September, 20 2023

Instant Reaction: Fed Announcement, September 20, 2023

The Fed needs to wait and not raise rates. Possible interest rate cuts then need to be considered once inflation is fully under control.
By: 
Lawrence Yun

Read More

Housing Affordability Challenges Persist in July 2023

September, 14 2023

Housing Affordability Challenges Persist in July 2023

At the national level, housing affordability was flat in July 2023 compared to the previous month.

Read More

Instant Reaction: Mortgage Rates, September 14, 2023

September, 14 2023

Instant Reaction: Mortgage Rates, September 14, 2023

Mortgage interest rates for the 30-year fixed rose slightly to 7.18%, making the monthly payment on a typical single-family existing home $2,234.

Read More

Instant Reaction: Consumer Price Inflation, September 13, 2023

September, 13 2023

Consumer Price Inflation, September 13, 2023

Overdoing the rate hikes, considering that inflation is likely to calm, will unnecessarily damage the economy.
By: 
Lawrence Yun

Read More

Instant Reaction: Mortgage Rates, September 07, 2023

September, 7 2023

Instant Reaction: Mortgage Rates, September 07, 2023

Mortgage interest rates eased this week from 7.18% to 7.12%. Demand is still active in the housing market despite rates over 7%.

Read More

Pending Sales Increase in July 2023

August, 31 2023

Pending Sales Increase in July 2023

July 2023's pending home sales pace inclined 0.9% from last month but fell 14.0% from a year ago.

Read More

Instant Reaction: Mortgage Rates, August 31, 2023

August, 31 2023

Instant Reaction: Mortgage Rates, August 31, 2023

There was virtually no change to the already elevated mortgage interest rates in the last week. Rates declined slightly from a high of 7.23% to 7.18%.

Read More