Is It Your Broker’s Job To Find Listings When Buying An NYC Co-op Or Condo?, More People Are Moving To Manhattan Than Before The Pandemic, Dow Drops 300 Pts as Traders Fret Over FedEx Warning, Wall Street Heads for Big Weekly Loss followed by

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Market by Marty

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The Martin Eiden Team

at Compass

New and Noteworthy

Is It Your Broker’s Job To Find Listings When Buying An NYC Co-op Or Condo?

With the vast majority of NYC real estate listings available online these days, most searches involve some degree of collaboration between buyer and agent. That said, the choice is entirely up to you.

It’s a matter of how much time you have on your hands and how important it is for you to be in control.

(Full story)

More People Are Moving To Manhattan Than Before The Pandemic.

After the US was briefly frozen by Covid, the city started to see more movement than the rest of the country, much of it in one direction: out. Now that migration out of many NYC neighborhoods has reversed In fact, even as the city’s population is still decreasing, more households are moving into Manhattan now.

(Full Story)

Dow Drops 300 Pts as Traders Fret Over FedEx Warning, Wall Street Heads for Big Weekly Loss

Shares of FedEx plunged 24% after the shipments company withdrew its full-year guidance and said it will implement cost-cutting initiatives to contend with soft global shipment volumes as the global economy “significantly worsened.” The Dow dropped 306 pts or 1%. The S&P 500 and Nasdaq Composite slid 1.2% and 1.6%, respectively. (Full Story)

Team News

Fall Market

A Post-Labor Day Market Update:

The good news for sellers: inventory is very low and buyers are out there looking for homes.

The good news for buyers: all the craziness we had from Q2 is over and interest rates are down under 5%.

There is an equilibrium in the market where neither buyers or sellers have the upper hand.

See the full update here.

Watch

Our Properties

825 Riverside Drive Washington Heights 9 Bed \| 3.5 Bath	575 Park Avenue, Unit 1407 Upper East Side 4 Bed \| 3 Bath
114 West 17th Street, Unit 5F Chelsea 5 Bed \| 2.5 Bath	50 Bridge Street, Unit 419 DUMBO 1 Bed \| 1 Bath

71 East 77th Street, Unit 9C

Upper East Side

2 Bed | 2 Bath

227 Ocean Parkway, Unit D1

Kensington

Studio | 1 Bath

See All Properties

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.

Martin Eiden Team

M: 917.701.8898
met@compass.com

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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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Is It Your Broker’s Job To Find Listings When Buying An NYC Co-op Or Condo?, More People Are Moving To Manhattan Than Before The Pandemic, Dow Drops 300 Pts as Traders Fret ...

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