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Market by Martin |
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New and Noteworthy |
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Housing Market Predictions 2023 Home prices overall remained resilient between April and June, even as mortgage rates crept higher, according to the latest S&P CoreLogic Case-Shiller Home Price Index. H omes that are priced right are the ones that get the competition while others linger on the market. Foreclosures continue to trend down month over month.
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Big Tech Stocks Drag Wall Street Down Wall Street slipped last week on worries that a too-warm economy will push the Federal Reserve to keep interest rates higher for longer. Big Tech stocks were particularly weak, and the NASDAQ composite was 1.1% lower. Oil prices declined, while U.S. futures edged higher. Stocks felt pressure from the bond market. (Full Story) |
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Inflation Has Been Easing Fast, But Wild Cards Lie Ahead President Biden has openly celebrated recent inflation reports, and Federal Reserve officials have also breathed a sigh of relief as rapid price gains show signs of losing steam. But the pressing question now is whether that pace of progress toward slower price increases one that was long awaited and very welcome can persist. (Full Story) |
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Team News |
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Ice Cream Social 🍦 |
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Our very own Alex Mahgoub is hosting an Ice Cream Social in Ditmas Park! Get the scoop on NYC real estate. This scoop is on us! Ditmas Park Ice Cream Social October 31st from 12pm - 2pm Sweat Lea: 1035 Cortelyou Rd First 100 RSVPs are free |
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Our Properties |
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