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Market by Marty |
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New and Noteworthy |
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The Stats Don’t lie: NY’s Housing Markets are Cooling New signed contracts for Manhattan co-ops fell across all price points down to a total of 524 last month from 748 in June 2021. The number of Manhattan home sales overall, and the prices of those sales were strong for the second quarter, but those closings reflect contracts signed last winter and early this spring. (Full Story) |
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Liquidity-Sapped Stock Market Keeps Flipping in Your Lunch Break If you’re feeling dizzy with all the intraday turmoil in the stock market these days, you’re not imagining things. The S&P 500 fell as much as 0.6% around noon Wednesday and then wiped out the entire decline to end the session higher. The advance came one day after the index erased a loss of at least 2% for the fourth time this year. (Full Story) |
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How to Invest During a Bear Market Investing at a chaotic time like this takes fortitude and planning. And if you can handle it, a falling stock market can be an opportunity for people with long horizons. T he Fed is raising interest rates and taking other measures aimed at slowing the economy and bringing down inflation — and those moves are contributing to the fall in stock market prices. (Full Story) |
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Team News |
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Advanced Buyer's Seminar for Today's Market |
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Are you considering buying real estate in this market? Do you want the latest information on how to so provided by a panel of experts in the field? If so, we have the event for you! The following experts will give you advanced tools that only insiders know about to help you navigate this current market: Martin Eiden: NY Associate Broker - Compass Alex Mahgoub: NY Associate Broker - Compass Michael Landsman: Partner - Holm & O'Hara LLP John Pasquarello: Mortgage Loan Officer - US Bank Join us! It's free! July 26th 6pm - 7pm |
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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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