Your Weekly Market update has arrived. Brought to you by the Martin Eiden Team at Compass.  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
View in browser
compass

Market by Martin

Brought to you by
The Martin Eiden Team

at Compass

New and Noteworthy

NYC Housing Market: Prices, Trends, Forecast 2024

Understanding current trends and price points is crucial before diving into this dynamic market. The typical sale-to-list price ratio is nearing pre-pandemic levels, indicating a shift in power dynamics. Median asking prices reached their peak of $1.1 million in March 2024. The market remains competitive due to a lack of new listings. (Read More)
Dow Closes Down 600 Points, Nasdaq Enters Correction After Weak Jobs Rpt

Stocks fell sharply this week, as a much weaker-than-anticipated jobs report for July ignited worries that the economy could fall into a recession. 

The broad-market index dropped 1.84% to end at 5,346.56. The Nasdaq lost 2.43% to close at 16,776.16, bringing the decline for the tech-heavy index from its recent all-time high to more than 10%. 

(Read More) 
The Economics of Hosting the Olympics 

The costs of hosting the Olympics have skyrocketed, while the economic benefits are far from clear. The 2024 Paris Olym-pics could be a test of whether reforms to the process have made hosting a better deal. A growing number of econ-omists argue that the benefits of hosting the games are nonexistent, leaving many host countries with large debts and maintenance liabilities. 

(Read More)

Team News

🦁 Leo Season 🎉

A significant number of my team either have had birthdays recently or are having their birthdays soon. I guess I have a type and it's Leo! 🦁


Happy Birthday Jarod, Alex, Ramzis,

and our new intern Luc! 

Our Properties

1118 Decatur Street
Bushwick
4 Bed | 4 Bath

OH: 8/4 02:00 pm - 3:30 pm

25 East 86th Street, Unit 1D
Upper East Side
4 Bed | 2 Bath
71 East 77th Street, Unit 9C
Upper East Side
1 Bed | 2 Bath
280 Park Avenue South, Unit 2F
Flatiron
1 Bed | 1 Bath

© Compass 2024 ¦ All Rights Reserved by Compass ¦ Made in NYC

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.

marketingcenter--
© 2024 Compass. 110 5th Avenue, New York, NY 10011. All rights reserved. This email is a promotional message. This email was sent to %recipient.email%. To unsubscribe, click here.