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Market by Martin |
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New and Noteworthy |
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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) |
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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) |
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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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Team News |
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The Martin Eiden Team's NYC Market Update |
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Everything you need to know about the current NYC market in less than 1 minute. From inventory to interest rates, buyers to sellers, Brooklyn to Manhattan, it’s all covered here. Keep your eye out for more! |
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Our Properties |
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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. |
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