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: Retail Trade Sales, January 15, 2021

January, 15 2021

Instant Reaction: Retail Trade Sales, January 15, 2021

December 2020 seasonally-adjusted advance estimates of U.S. retail and food service sales decreased from November sales figures as anticipated.

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Weekly Retail Update: January 14, 2021

January, 15 2021

Weekly Retail Update: January 14, 2021

While the e-commerce portion of the U.S. CPG industry remains a small portion of total CPG sales today, it remains at an elevated level.

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Jobless Claims Rose Sharply Last Week as More States Impose Stricter Business Restrictions

January, 15 2021

Jobless Claims Rose Sharply Last Week

Unemployment claims were up 231,335 from the prior week, as the re-closing of some businesses in some states is contributing to more layoffs.

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Instant Reaction: Mortgage Rates, January 14, 2021

January, 14 2021

Instant Reaction: Mortgage Rates, January 14, 2021

As expected, mortgage rates rose this week, following the trend of the 10-year Treasury yield in the last couple of weeks.

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Home Prices: A Closer Look at Local Trends

January, 13 2021

Home Prices: A Closer Look at Local Trends

The median existing-home price rose to $310,800 in November; 15% more than a year earlier; 41% more than five years earlier.

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Instant Reaction: Inflation, January 13, 2021

January, 13 2021

Instant Reaction: Inflation, January 13, 2021

The annual inflation rate rose for seven straight months in December as the economy gradually recovers from the COVID effect.

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Housing Affordability Declines in November 2020 as Incomes Crawl and Home Prices Jump

January, 11 2021

Housing Affordability Declines in November 2020

At the national level, housing affordability declined in November 2020 compared to a year ago but rose modestly compared to October.

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Raw Count of New Jobless Claims Rose Last Week

January, 11 2021

Raw Count of New Jobless Claims Rose Last Week

New jobless claims rose by 77,400 to 922,072 last week, and continued claims rose to nearly 5.4 million.

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