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.
Metro Area Wealth Gains as of 2021 Q2: Typical Gain of $349,000 Over 30 Years
September, 17 2021
Metro Area Wealth Gains as of 2021 Q2
Homeownership is a key pathway to building wealth and narrowing the racial income and wealth inequality gap.
Instant Reaction: Retail Trade Sales September 16, 2021
September, 16 2021
Instant Reaction: Retail Trade Sales September 16, 2021
Retail sales recorded a seasonally adjusted total of $618.7 billion in August 2021, a 0.7% increase from July.
Instant Reaction: Mortgage Rates, September 16, 2021
September, 16 2021
Instant Reaction: Mortgage Rates, September 16, 2021
NAR expects rates to reach 3.5% by mid-2022, as the Fed will likely reduce bond purchases by year's end and raise interest rates in mid-2022.
Instant Reaction: Consumer Price Index, September 14, 2021
September, 14 2021
Consumer Price Index, September 14, 2021
Over the last 12 months consumer prices rose 5.3% compared to 5.4% in both July and June 2021.
Commercial Weekly: Increase in Demand for Retail Space
September, 14 2021
Commercial Weekly: Increase in Demand for Retail Space
Total retail sales continued to steadily increase from the beginning of the pandemic through Q2 2021 as sales increased 28.2% year-over-year.
Homebuilders' Local Opportunity Index
September, 13 2021
Homebuilders' Local Opportunity Index
NAR has created the Homebuilders' Local Opportunity Index, which measures both short- and long-term opportunities for homebuilders at the local...
Housing Affordability Increases in July as Home Price Growth Slows
September, 10 2021
Housing Affordability Up in July; Price Growth Slows
At the national level, housing affordability slightly inclined in July 2021 compared to the previous month.
Outlying Counties of Metro Areas Show Stronger Housing Conditions Than in Central Counties as of August 2021
September, 10 2021
Stronger Housing Conditions in Outlying Counties
Housing affordability, population density, home size, and the opportunity to work from home are important in the decision of where to buy a home.