Your weekly market update has arrived.
Market by Marty
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Compass Q3 Brooklyn Report
In Q3, Brooklyn proved again that
it is a destination, not an
alternative. As the city roared
back to life, prices in the vibrant
boroughs averaged to around $1.198M
by a hot luxury market and its
stunning new developments,
homes with ample space, and the
region's distinctive culture.
The $500k to $1M price bracket accounted for 43.5% of sales. (Full Story)
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Today’s Must-Have Amenity? A Little Green Space
The move toward incorporating more outdoor spaces in luxury buildings was underway before the pandemic struck. But life in lockdown has made it a necessity. “People used to look at those spaces, and say, ‘Oh, yeah, this is really nice, but do you really use it?’” she said. Now that’s no longer a question. “People feel better when they’re connected to nature." (Full Story)
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The wealthiest 10% of Americans now own 89% of all U.S. stocks
A record high that highlights the stock market’s role in increasing wealth inequality. The top 1% gained over $6.5 trillion in corporate equities and mutual fund wealth during the pandemic, according to the latest data from the Federal Reserve. The bottom 90% of Americans held about 11% of stocks, and added $1.2 trillion in wealth during the Covid-19 pandemic. (Full Story)
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As Director of Marketing & Operations for The Martin Eiden Team, Jarod capitalizes on his digital marketing experience and exposure to high-level marketing campaigns in a role that requires great attention to detail and creativity. By collaborating with the team's vision, Jarod successfully brings content together to make Marketing Gold.
For his top-producing team, he manages everything from social media accounts to mailing campaigns, listing presentations, email marketing, website creation/maintenance, online advertising, event planning and other tasks that optimize exposure for the team brand and our property listings. Jarod's background has taught him to not only think strategically about branding and concept development, but to handle many moving parts and find elegant solutions. Jarod has a passion to create work that connects with the individual; to make them see and feel that a home is awaiting them.
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We are partnering with Block: a home renovation platform that helps you design, plan, and build all in one place. If you are planning a home reno, use Block to get an on-site estimate of costs before you even start. Plus use offer code APKSTEPTXU to get $500 off your materials purchase. Click here for more info.
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© Compass 2021 ¦ 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.
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