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.
Weekly Retail Update: December 1, 2020
December, 1 2020
Weekly Retail Update: December 1, 2020
E-commerce as a percent of total U.S. retail was 10.8% in Q2 2019 while Q2 2020 represents 16.1%.
October 2020 NAR SentriLock Home Showings Report
November, 24 2020
October 2020 NAR SentriLock Home Showings Report
Despite a slight decrease in nationwide foot traffic on a month-over-month basis, it remained at elevated levels regarding year-over-year activity.
Jobless Claims Rose Last Week While Total Claims Continued to Fall
November, 23 2020
Jobless Claims Rise, Total Claims Continue to Fall
The unadjusted new jobless claims totaled 743,460 in the week ending November 14, an increase of 3% from the previous week.
REALTORS® Confidence Index: October 2020 Highlights
November, 23 2020
REALTORS® Confidence Index: October 2020
REALTORS® report "COVID and elections" as the major issues affecting transactions in October 2020.
More Homebuyers Purchasing Property in the Suburbs, Small Towns, or Rural Areas
November, 23 2020
More Homebuyers Purchasing Property in the Suburbs
NAR’s October REALTORS® Confidence Index Report indicates that there is a demographic shift from the cities to the suburbs, or to smaller counties.
Weekly Retail Update: November 20, 2020
November, 20 2020
Weekly Retail Update: November 20, 2020
Temporary retail store closures experienced earlier in the year have returned.
October 2020 Existing Home Sales Climb to 6.85 Million
November, 20 2020
October 2020 Existing Home Sales Climb to 6.85 Million
Housing market activity this October increased 4.3% from September 2020, and sales of existing homes jumped 26.6% from October 2019.
Instant Reaction: Quarterly E-Commerce, November 19, 2020
November, 19 2020
Instant Reaction: Quarterly E-Commerce
Seasonally adjusted estimates of the U.S. retail e-commerce sales for Q3 2020 decreased from the Q2 2020 estimate of $211.5 billion to $209.5 billion.