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New and Noteworthy

Compass National Real Estate Insights

Impacted by a number of factors, total sales volume remained very low in 2024. Sales did not keep pace with the inc-rease in listings, creating a cooling effect on national market conditions, though median sales prices still rose. After sign-ificantly declining in Q2 & Q3 of 2024, the av. mortgage interest rate bounced back up in the last 4 months (Read Full Report)

Markets React to DeepSeek

Chinese artificial intelligence startup DeepSeek rattled the U.S. technology sector after the company recently unveiled an AI model that is competitive with leading U.S. models. AI chipmaker Nvidia Inc. (ticker: NVDA) and other AI technology stocks took a big hit following the DeepSeek news, which shook investor confidence in the U.S. AI bull thesis. (Read More)

Stock Market Plunges After White House Confirms Tariffs to Begin Today

Wall Street saw a reversal of fortunes Friday following the White House's confir-mation that the current administration will impose tariffs on several key U.S. trading partners starting Saturday. Initially, the stock market showed promise with early gains in the trading session, but the announcement caused stocks to surrender those gains and turn negative.
(Full Story)

Team News

Alex in Egypt

Sometimes moments of a lifetime don't start as you anticipate they would. Last month, our very own Alex Mahgoub traveled to Egypt to see his family and connect with his family's culture. Sadly, 10 days before his trip, he received the tragic news that his grandmother had passed away. Though it was his dream to gather the family around her, he was given an even more impactful opportunity to see the legacy of his grandmother as they connected, communicated, and explored their homeland together. Egypt is a beautiful and miraculous country full of ancient wonder and we were so happy to see Alex reunite there with his family. A trip of a lifetime nonetheless.

Our Properties

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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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