draft Market by Martin | June 8th ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

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New and Noteworthy

Housing Market Predictions For Q3 & Q4

What many had hoped would be a rosy spring home-buying season has turned into a thorny challenge for home shoppers already struck by a challenging market.

Home sale activity was stagnant last month as mortgage rates and home prices maintained an upward trajectory. One silver lining is that more resale inventory entered the market.

(Full Story)

US Indexes Finished the Week Higher By More Than 1%

US stocks ended Friday slightly lower but finished the week higher by more than 1% following a May jobs report that came in much hotter than expected.

Data showed 272,000 jobs were added to the economy last month, well ahead of economist estimates of about 180,000.

(Full Story)

NY Gov. Hochul Floats Last-Minute Delay To NYC Congestion Pricing

The tolls, set to be levied on June 30, would include a $15 base fare for drivers traveling below 60th Street. Hochul plans to delay the long-awaited congestion tolls on drivers in part of Manhattan and possibly replace the lost revenue with a tax on New York City businesses. The state could also choose to tap into its existing cash reserves to bridge the gap as an alternative.

(Full Story)

Team News

🎓 Noble's Graduation 🎓

Yesterday, our son Noble Wilson Eiden graduated from the Mary McDowell Friends School in Brooklyn NY. We are such proud papas!

Congratulations to you Noble. May this be the first of many accomplishments you achieve in your life. We are so excited to see what you do next. If the past is any indication, you are destined for greatness.

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Our Properties

25 East 86th Street, Unit 1D Upper East Side 4 Bed \| 2 Bath	60 West 68th Street, Unit 5B Upper West Side 3 Bed \| 3 Bath
39 West 67th Street, Unit 101/201 Upper West Side 2 Bed \| 2 Bath	71 East 77th Street, Unit 9C Upper East Side 1 Bed \| 2 Bath

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Martin Eiden Team

M: 917.701.8898
met@compass.com

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Compass is a licensed real estate broker. All material is intended for informational purposes only and is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale, or withdrawal without notice. No statement is made as to the accuracy of any description or measurements (including square footage). This is not intended to solicit property already listed. No financial or legal advice provided. Equal Housing Opportunity. All Coming Soon listings in NYC are simultaneously syndicated to the REBNY RLS. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions.