Instant Reaction: Mortgage Rates, May 2, 2024

May, 2 2024

Instant Reaction: Mortgage Rates, May 2, 2024

At 7.22%, the 30-year mortgage interest rate has hit its highest point since November 2023; rates are unlikely to move down soon.

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REALTORS® Continue Giving Back, Despite Market Headwinds

May, 2 2024

REALTORS® Continue Giving Back Despite Market Headwinds

Despite market challenges like low inventory, higher mortgage rates, and low annual sales, REALTORS® remain committed to helping their communities.

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Real Estate's Impact on the Economy by the Numbers: A State-by-State Analysis

May, 1 2024

Real Estate's Impact on State Economies by the Numbers

The housing sector is a significant contributor to gross domestic product (GDP) through construction, home sales, and renovations.

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Navigating the Housing Market: A Seasonal Perspective

April, 29 2024

Navigating the Housing Market: A Seasonal Perspective

Seasonality refers to predictable changes in data that correlate with certain times of the year; understanding it will help us anticipate trends.

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Instant Reaction: Mortgage Rates, April 25, 2024

April, 25 2024

Instant Reaction: Mortgage Rates, April 25, 2024

Mortgage interest rates for the week sit at an average of 7.17%, and may show little dramatic downward movement any time soon.

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Housing Affordability Weakened in February 2024

April, 19 2024

Housing Affordability Weakened in February 2024

Housing affordability fell nationally in February 2024, the monthly mortgage payment decreased 3%, and the median single-family home price fell 1.5%.

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Instant Reaction: Mortgage Rates, April 18, 2024

April, 18 2024

Instant Reaction: Mortgage Rates, April 18, 2024

Mortgage interest rates rose to 7.1% this week; despite higher mortgage rates, mortgage applications increased.

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Instant Reaction: Mortgage Rates, April 11, 2024

April, 11 2024

Instant Reaction: Mortgage Rates, April 11, 2024

Yesterday's inflation figures rose to 3.5%, and as a result, mortgage interest rates are likely to increase in the coming weeks.

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For Investors<\/h1>\n

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In the last two centuries, approximately 90% of all millionaires and billionaires have been real estate investors \u2014 and, as billionaire industrialist Andrew Carnegie said, \u201cthe wise young man or wage earner of today invests his money in real estate.\u201d<\/p>\n

[\/vc_column_text][vc_empty_space height=”12px”][vc_single_image image=”3108″ img_size=”full” qode_css_animation=””][vc_empty_space height=”12px”][vc_column_text]<\/p>\n

For the average investor, though, that\u2019s easier said than done. Purchasing real property can be tricky, whether you\u2019re 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.<\/p>\n

As with all investments, if you\u2019re considering purchasing an investment property in Ulster County, you need the guidance of a seasoned professional expert in local real estate investing.<\/p>\n

Here, you will find comprehensive real estate data analysis<\/a> from the New York State Association of REALTORS\u00ae<\/a>; the\u00a0latest industry news<\/a> for real estate investors; the\u00a0top reasons you should use a REALTOR\u00ae<\/a>; our MLS home-listing search tool<\/a>; town-by-town\u00a0descriptions of life in\u00a0Ulster County<\/a>; and the best ways to connect directly with the Ulster County Board of REALTORS\u00ae<\/a>.<\/p>\n

Remember<\/strong>: If you know the town in which you want to invest, it\u2019s never been easier to find a real estate agent. Google the town name and \u201creal estate agent,” and contact licensed REALTORS\u00ae with experience advising investors in the area.<\/p>\n

[\/vc_column_text][vc_column_text]<\/a><\/p>\n

Real Estate News<\/h2>\n

[\/vc_column_text][vc_empty_space height=”10px”][vc_column_text][\/vc_column_text][\/vc_column][vc_column width=”1\/6″][\/vc_column][\/vc_row]<\/p>\n","protected":false},"excerpt":{"rendered":"

[vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern”][vc_column][vc_widget_sidebar sidebar_id=”FOR CONSUMERS”][vc_empty_space][vc_column_text] For Investors [\/vc_column_text][vc_empty_space][\/vc_column][\/vc_row][vc_row css_animation=”” row_type=”row” use_row_as_full_screen_section=”no” type=”full_width” angled_section=”no” text_align=”left” background_image_as_pattern=”without_pattern” css=”.vc_custom_1524164541322{background-color: #ffffff !important;}” z_index=””][vc_column width=”1\/6″][\/vc_column][vc_column width=”2\/3″][vc_column_text] In the last two centuries, approximately 90% of all millionaires and billionaires have been real estate investors \u2014 and,…<\/p>\n","protected":false},"author":1,"featured_media":3108,"parent":266,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"yst_prominent_words":[439,32,435,493,721,764,543,636,765,434,492,426,11,33,61],"_links":{"self":[{"href":"https:\/\/ulstercountyboardofrealtors.com\/wp-json\/wp\/v2\/pages\/276"}],"collection":[{"href":"https:\/\/ulstercountyboardofrealtors.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/ulstercountyboardofrealtors.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/ulstercountyboardofrealtors.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ulstercountyboardofrealtors.com\/wp-json\/wp\/v2\/comments?post=276"}],"version-history":[{"count":0,"href":"https:\/\/ulstercountyboardofrealtors.com\/wp-json\/wp\/v2\/pages\/276\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/ulstercountyboardofrealtors.com\/wp-json\/wp\/v2\/pages\/266"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ulstercountyboardofrealtors.com\/wp-json\/wp\/v2\/media\/3108"}],"wp:attachment":[{"href":"https:\/\/ulstercountyboardofrealtors.com\/wp-json\/wp\/v2\/media?parent=276"}],"wp:term":[{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/ulstercountyboardofrealtors.com\/wp-json\/wp\/v2\/yst_prominent_words?post=276"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}