| Rise (and Fall?) of the 10 Year Treasury The 10-Year Treasury plunged from a high of over 5.325% to 5.081% last week. Could this be signaling a reversal from the steady increase we've been seeing? If so, that would have a direct effect on mortgage rates, bringing them down as a result. This is the first time in a long time we’ve seen Treasury's rally into a weaker market. (More) |
Wholesale Inflation Reaches Levels Last Seen In 2022 The September producer price index rose 6.3% year over year, up from 5.6% in August and marking the largest annual increase since December 2022. On a monthly basis, wholesale prices climbed 1.3%, signaling that inflationary pressure remains elevated before it fully reaches consumers.
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| Heavy selling of technology stocks weighed on the NASDAQ, which retreated 4.5% for the week, ending 5.3% below the record high it set on October 6. The S&P 500 fell 1.9%, while the Dow managed to post a fractionally positive result. Meta, Google, Micron, AMD, Broadcom, Intel, Netflix, and NVIDIA all gave up ~3%-6% last week. (More) |
New York's Home Energy Assistance Program Will Open on November 2 Governor Kathy Hochul said New York’s Home Energy Assistance Program (HEAP) will open on November 2 and provide financial help to New Yorkers struggling with higher heating and utility bills. The announcement comes as rising energy prices and broader federal economic pressures continue to strain household budgets across the state. (More) | |
October is one of those months that reminds us why we love calling New York City home. The leaves are turning beautiful shades of gold and orange, the crisp autumn air makes wandering the city that much more enjoyable, and townhouse stoops across the city are coming alive with festive decorations, colorful pumpkins, and creative Halloween displays. From pumpkin carving with family and friends to cozy dinners at our favorite neighborhood restaurants, there's no shortage of reasons to enjoy everything New York has to offer.
For our team, October is also about connection. Between busy days of showings, meeting new clients, planning events, and helping familiar faces, we're reminded that real estate is ultimately about people. As we settle into the heart of the fall market, we're embracing the energy, opportunities, and relationships that make this city and our work so special. |
2 Bed | 2 Bath
Open: 10/18 11:30AM - 01:00PM | 1 Bed | 1 Bath
Open: 10/18 12:00PM - 01:30PM | Studio | 1 Bath Open: 10/16 12:30PM - 01:30PM | 2 Bed | 1 Bath Open: 10/18 02:00PM - 03:30PM | | | | | | | | | | |
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Take a peak at our latest project: Stacklist.
It is an easy way to navigate all of the services we offer, guides to NYC's most iconic neighborhoods, advice and guides for buying/selling in NYC, the best restaurants, bars, etc, and so much more! |
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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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