Your weekly market update has arrived. Scroll to the middle to find our recent NYC Sellers Seminar video! Brought to you by the Martin Eiden Team at Compass.  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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New and Noteworthy

Stocks Rise, U.S. Bond Yields Ease Ahead Of Powell's Jackson Hole Speech

We're in a period of time between the end of the second-quarter earnings season and meaningful additional data from the Federal Reserve. Markets are churning a bit with a reasonably low level of volatility," said Bill Northey, senior investment director at U.S. Bank Wealth Management in Minneapolis. (Full story)
NYC leads US Apartment Deliveries, Which Are Forecast To Hit A 50-Yr High
Apartment deliveries are approaching a 50-year high nationwide, according to a report by RentCafe. The report, which leans on data from Yardi Matrix’s algorithm and centers on certificates of occupancy being issued, projects that 420,000 apartment units will be delivered this year. (Full Story)
Powell Says Fed is Resolved to Fight Inflation Even if it Brings Economic Pain
Unemployment may be higher and the economy may grow more slowly. But Powell warned the alternative — allowing high inflation to continue unchecked — would be worse. "Without price stability, the economy does not work for anyone," he said. Additional rate hikes are expected, including at the next Fed meeting in September. (Full Story)

Team News

NYC Sellers Seminar

In this webinar, we let you in on industry secrets that will help you sell your home for more money in less time using sophisticated tools that only experts know.


 We tell you the mistakes many sellers make and how to avoid making them yourself.

 



Learn The 3 P's:

Preparing your home for sale.

Promoting your listing.

Pricing correctly to get top dollar. 



Martin Eiden: NY Associate Broker, Compass

Alex Mahgoub: Seller Specialist, Compass

Ramzis Hadzhi: Seller Specialist, Compass

Shawn Wilson: Stager, Soulful Staging & Design

Special Guest: Gary R Katz Esq. - Real Estate Attorney

Special Guest: Michael Stein - Mortgage Broker


In case you missed it, here is the full video!

Our Properties

114 West 17th Street, Unit 5F
Chelsea
5 Bed | 2.5 Bath
45 Tudor City Place, Unit 1919
Midtown East
Studio | 1 Bath

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. 

© Compass 2022 ¦ All Rights Reserved by Compass ¦ Made in NYC

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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