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

Vacation Home Sales Surges During Pandemic

June, 15 2021

Vacation Home Sales Surges During Pandemic

In 2020, vacation home sales rose by 16.4%, outpacing the 5.6% growth in total existing-home sales.

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Q&A Corner: 2021 Profile of LGBTQ Home Buyers and Sellers

June, 15 2021

Q&A Corner: Profile of LGBTQ Home Buyers and Sellers

Lisa Herceg, lead author of the report, discusses how to use the report, insights into the data, and the results she found to be most interesting.

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Renter Households Not Caught Up on Rent Need Rental Assistance

June, 11 2021

Renter Households Not Caught Up on Rent

The eviction moratorium is slated to expire on June 30, 2021, but many renters are still struggling to pay rent, and need rental assistance.

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Instant Reaction: Mortgage Rates, June 10, 2021

June, 10 2021

Instant Reaction: Mortgage Rates, June 10, 2021

Mortgage rates fell to 2.96% from 2.99% the previous week. NAR forecasts mortgage rates to average 3.2% in 2021.

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Instant Reaction: Consumer Price Index, June 10, 2021

June, 10 2021

Instant Reaction: Consumer Price Index, June 10, 2021

Inflation rose more than expected in May to the fastest pace since 2008.

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Tracking Housing Construction at the Local Level: April 2021

June, 7 2021

Tracking Housing Construction at the Local Level

We are currently building 24% more homes than we typically have built in April in the last couple of decades.

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Q&A Corner: Career Choices in Real Estate: Through the Lens of Gender, Race, and Sexual Orientation

June, 7 2021

Q&A Corner: Career Choices in Real Estate

The report released in March provided insights differences in why members entered the field, skills important for the field of real estate, and more.

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Instant Reaction: Jobs, June 4, 2021

June, 4 2021

Instant Reaction: Jobs, June 4, 2021

The job market continues to make progress with 551,000 net new additions in May. We need 7 million more jobs to return to pre-pandemic conditions.
By: 
Lawrence Yun

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