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Market by Martin |
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Brought to you by The Martin Eiden Team at Compass |
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New and Noteworthy |
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Brooklyn Q3 Market Report Contrary to last year’s activity, there were 2,555 sales this quarter, a 4.3% year- over-year increase and 1.9% quarter-over-quarter. Notably, condos sold for $1M and a bove had an increase in transactions while those under $500,000 fell by 14.6% year-over- year.
Brooklyn’s residential real estate market is undergoing changes marked by shifting buyer preferences and a competitive landscape. (Full Report) |
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The Market Has Been Fabulous, Maybe Excessively So September is typically a dicey month for the stock market. In many years, so are the weeks before a contentious election. But the returns that millions of investors have been seeing lately have been wonderful - far better than Wall Street projected at the end of last year. The S&P 500 is more than 20 percent higher than the Wall Street consensus for all of 2024. |
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Renting In Manhattan The average year's rent for a one bedroom apartment in Manhattan is $54,732, or $4,561/mo. That amount could cover monthly mortgage and main-tenance payments for a studio or a one bedroom in a variety of neighborhoods and buildings. Owning a home can build equity, offer tax advantages, and protect you from unpredictable rent increases. It's a way to invest in yourself. (Read More) |
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Team News |
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New Team Members |
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This month, we welcomed two new members to the Martin Eiden team! We are thrilled to have Rachel Skumanich and Zoe Jackson join the team and can't wait to see how they use their experience to make this team the best version of itself. Learn more about Rachel and Zoe by visiting our newly updated WELCOME RACHEL AND ZOE! |
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Our Properties |
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