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

Brought to you by
The Martin Eiden Team

at Compass

New and Noteworthy

Mortgage Interest Rates Hit A 15-mo low

This week, mortgage rates hit their lowest point in 15 months, according to Freddie Mac, with the average rate for a 30-year fixed-rate mortgage dropping to 6.47%, down from 6.73% the week prior. This decline in mortgage rates comes after weaker-than-expected employment data increased the possibility of the Fed cutting interest rates soon. 

(Read More)

Wall Street On Edge After A Week Of Wild Swings

After a wild week in the markets that rekindled fears about the strength of the economy, investors are wondering what comes next. 

Until recently, Wall Street was focused squarely on inflation, hoping that its slowdown would lead the Federal Reserve to cut interest rates, giving sup-port to stocks. And now? (

Read More) 

Unemployment Uptick May Pressure Fed To Cut Interest Rates Aggressively
In the wake of Friday's jobs report showing the labor market deteriorating unexpectedly sharply, the question on the minds of investors and economists is no longer whether the Federal Reserve will cut interest rates at its next meeting in September, but how steeply it will cut them. (Read More)

Team News

The MET at the MET

Our team absolutely loves visiting museums. These excursions offer a treasure trove of cultural lessons and historical insights that deeply enrich our collective understanding. Each museum visit becomes an immersive journey through time, allowing us to connect with diverse cultures and historical narratives that shape our world. Whether it's marveling at ancient artifacts, exploring interactive exhibits, or engaging with thought-provoking pieces of art, we find that these experiences not only broaden our horizons but also spark vibrant discussions and reflections. The Metropolitan Museum of Art in particular offers such a wide variety of exhibits and historic world art that we've come to love so much. We really enjoyed our experience and hope you get a chance to see the new exhibits.

Our Properties

1118 Decatur Street
Bushwick
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25 East 86th Street, Unit 1D
Upper East Side
4 Bed | 2 Bath
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Upper East Side
1 Bed | 2 Bath
280 Park Avenue South, Unit 13M
Flatiron
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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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