Stocks Take Biggest Hit of the Year, We Are Entering The Best Real Estate Market Opportunity Since 2008, New Law Phases Out Dirty Heating Oil In All NYC Buildings By 2027! followed by

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Stocks Take Biggest Hit of the Year

U.S. stocks fell sharply Friday, wrapping up their worst week of 2023, after the Federal Reserve’s preferred inflation gauge showed a stronger-than-expected increase in prices last month.

The DJI

fell by 336.99 points, or 1.0%, to end at 32,816. The S&P 500

dropped 1% to close at 3,970. The Nasdaq

slid 1.7% to end at 11,395. Good time to buy? (Full Story)

We Are Entering The Best Real Estate Market Opportunity Since 2008

Real estate billionaire, author and investor Grant Cardone sees opportunity in the current market. "With the Fed raising interest rates, it has sidelined home buyers, which means prices are going to pull back. If you are an end-user looking to enter the housing market, now is a great time to buy a house cheaper than it would have been at the beginning of the year." (Full Story)

New Law Phases Out Dirty Heating Oil In All NYC Buildings By 2027!

Landlords must phase out the use of the heavily polluting heating oil No. 4 in their buildings' boilers by 2027, under a bill approved in a City Council vote Thursday. The legislation, sponsored by City Council member James Gennaro, who represents Queens, would expedite the city’s timeline to ban the noxious heating oil from municipally owned buildings by July 2025. (Full Story)

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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.

© 2022 Compass. 90 5th Avenue, New York, NY 10011. All rights reserved. This email is a promotional message. Compass is a licensed real estate broker and abides by Equal Housing Opportunity laws. Information deemed reliable but not guaranteed. This is not intended to solicit property already listed.

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Stocks Take Biggest Hit of the Year, We Are Entering The Best Real Estate Market Opportunity Since 2008, New Law Phases Out Dirty Heating Oil In All NYC Buildings By 2027!

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