Market by Martin | November 4th  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏  ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏
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New and Noteworthy

Fed Approves 0.75-Point Hike To Take Rates To Highest Since 2008 And Hints A Change In Policy Ahead

This week, the Fed approved a fourth consecutive three-quarter point interest rate increase and signaled a potential change in how it will approach monetary policy to bring down inflation. “Ongoing increases in the target range will be appropriate.“ (Full Story)


6 Ways Real Estate Investing Can Help Hedge Against Inflation & Rising Taxes

In unprecedented times, uncertainty can be your greatest enemy or your greatest asset. Amid rising real estate prices, many investors are questioning if now is the right time to buy. Savvy investors, however, know that market value isn’t the only factor at play, and the opportunity to hedge against inflation and taxes makes now a prime time to consider real estate investing.  

(Full Story)
Nasdaq Drops 1.7% As Bond Yields Rise

The stock market continued falling Thursday, one day after Federal Reserve Chairman Jerome Powell reinforced his commitment to reining in inflation with higher interest rates, sending bond yields higher. 

The Dow Jones Industrial Average dropped 147 points or 0.5%. The S&P 500 fell 1.1%, and the Nasdaq Composite declined 1.7%. That comes after all three indexes dropped Wednesday. (Full Story)

Team News

NYC Buyer Update

Buyers...Listen up. 


We know the market seems daunting right now. But what if we told you that this could be the best time to buy? Interest rates are up, but have you heard of "buying the property and renting the rate?"


In this week's Buyer Market Update from the Martin Eiden Team, Martin explains this concept and gives you pro-tips on how home buyers can best position themselves in this current market we are in.


Watch the full update here.

Our Properties

853 Bushwick Avenue
Bushwick
6 Bed | 3 Bath
838 Quincy Street, Unit GARDEN
Bedford-Stuyvesant
3 Bed | 2.5 Bath
1 Main Street, Unit 8K
DUMBO
2 Bed | 2 Bath
401 West 147th Street
Hamilton Heights
7 Bed | 5.5 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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