Your weekly market update has arrived. Brought to you by the Martin Eiden Team at Compass.  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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New and Noteworthy

Seller Financing: To Get Deals Done, Some Owners Give Loans To Buyers


Here's how it works: It's not a trend but may appeal to more buyers and sellers as mortgage rates top 8 percent. Seller financing can sense for buyers who have trouble qualifying for conventional loans. It's good for sellers who are desperate to sell and don’t need to be paid in full immediately. Link here
Wall St Wavers As Markets Await More Policy Cues

U.S. stocks struggled for direction on Thursday as investors awaited further policy cues from central bank officials, including Federal Reserve Chair Jerome Powell, as well as a raft of economic data next week. 

Softer-than-expected monthly jobs data and the easing of the Fed's hawkish stance at its last meeting pulled U.S. Treasury yields. 

Read more here


Interest Rates Went Down A Half Point Last Week 

There are quite a few motivated buyers out there who are patiently waiting for interest rates to go down, and they may not be aware that it's happened. For some reason, a drop in interest rates doesn't get the same amount of press as when they go up (hmmmm). Spread the word! 

Read more here

Team News

In Case You Missed It

ICYMI: We held a State of the Market event where we distilled everything you need to know about the current real estate market. 


What's going on with interest rates? Is inventory still an issue? Is it better to rent or buy right now?


We answer all these questions and more during our Fall State of the Market Webinar (Full Video Here). We even brought in an Attorney and a Mortgage Advisor to give you a well rounded perspective on where things sit currently and where we're headed in the future.


Find bite-sized clips on our 

Instagram and YouTube Channels.

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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.

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