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.
Instant Reaction: Mortgage Rates, July 25, 2024
July, 25 2024
The 30-year fixed mortgage rate from Freddie Mac was nearly unchanged at 6.78% this week vs 6.77% last week.
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The Housing Affordability Index: Home Prices Surge and Rising Mortgage Rates Troubled Affordability in May 2024
July, 24 2024
The monthly mortgage payment increased by 3.9%, while the median price of single-family homes rose by 5.7% (from $401,500 to $424,500) year-over-year.
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Instant Reaction, Mortgage Rates, July 18, 2024
July, 18 2024
The 30-year fixed mortgage rate from Freddie Mac fell further to 6.77% over the last week from 6.89%.
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Instant Reaction Housing Starts, July 17, 2024
July, 17 2024
New apartment units completed reached a 50-year high in June, and rents have stopped rising in many cities due to the oversupply of rental units.
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Instant Reaction: Mortgage Rates, July 11, 2024
July, 11 2024
The 30-year fixed mortgage rate from Freddie Mac declined to 6.89% over the last week from 6.95%.
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Homes And Hurdles: Analyzing The Journey of Single Female Home Buyers
July, 10 2024
This blog post looks at the sociodemographic factors that influence home buying, and the ages at which single female home buyers enter the market.
Women Homebuyers
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Instant Reaction: Mortgage Rates, July 03, 2024
July, 3 2024
The 30-year fixed mortgage rate from Freddie Mac increased to 6.95% over the last week from 6.86%.
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Pending Sales in May 2024 Hit a New Low
July, 1 2024
May’s pending home sales fell 2.1% from last month and decreased 6.6% from a year ago.
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