NYC Housing Market: Prices, Trends, Forecast 2024, Dow Closes Down 600 Points, Nasdaq Enters Correction After Weak Jobs Rpt, The Economics of Hosting the Olympics followed by

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Market by Martin

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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)

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!

Wish Them A HBD 🎉

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

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Martin Eiden Team

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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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NYC Housing Market: Prices, Trends, Forecast 2024, Dow Closes Down 600 Points, Nasdaq Enters Correction After Weak Jobs Rpt, The Economics of Hosting the Olympics

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