As 2022 winds down, investors are beginning to look toward the new year, wondering what opportunities and pitfalls may lie ahead in the coming months. After yet another year defined by the volatility brought on by the pandemic, and in a time when investors have an unprecedented ability to easily invest in art, real estate, or other private markets using tech platforms, buyers are eager to know what 2023 might bring. (Full Story)
Wall Street Ends Sharply Lower, Dollar Gains On Hawkish Policy Fears
U.S. stocks tanked and the dollar eeked out a small gain on Thursday as solid economic data fueled worries that the Federal Reserve's monetary policy will hover at restrictive levels for longer than many market participants may have hoped.
The S&P 500 and the Dow lost 1.5% and 1.1%, respectively.
Yes, 2022 was often challenging, but what about 2023? According to the COMPASS 2023 Agent Market Forecast survey of more than 440 Compass agents nationwide, demand for urban living is expected to rise, condos will grow in appeal, mortgage interest rates will decline and a more balanced market between buyers and sellers will emerge – among many other insightful findings! Read the full release here (Full Story)
A Star is Born
Last week, our very own Shawn Wilson played Drosselmeyer (the uncle of the Nutcracker prince, who had been transformed into a wooden doll by the Mouse King) in The Nutcracker at the Cobble Hill Ballet. We are so proud of him and the work he put in to make this character come to life!
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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.