Should NYC regulate its Skyline?, S&P 500 Hits 2023 Record, Mortgage Applications Rise as Rates Fall

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New and Noteworthy

Should NYC regulate its Skyline?
We have an interesting relationship to New York's skyline. While we know housing is an ongoing need in this city and building up is the only real option, we also love and appreciate the rich history and views the current skyline affords us. Read more about how NYC is considering a regulation on supertall pencil-thin blue-glass skyscrapers to preserve the existing skyline. (Full Story)

S&P 500 Hits 2023 Record

After several twists and turns this year, stock investors are in a celebratory mood. The S&P 500 set a new high for the year on Friday, a day after clocking its best month of 2023 in November, in a rally that quickly erased the benchmark index’s steep drop over the summer. Are recession fears finally quelling or do we still need to stay alert? (Full Story)

Mortgage Applications Rise as Rates Fall

US mortgage rates have fallen to a 10-week low, providing a small boost to loan applications over the past 6 weeks as homebuyers take advantage of lower borrowing costs. The 30-year fixed-rate mortgage rate decreased to 7.37% during the week ending November 24 from 7.41% the prior week. The 10-year Treasury has slipped below 4.3%, down from a high of over 5% earlier this year. (Full Story)

Team News

Come to Art Basel with me

The Martin Eiden Team in conjunction with Compass Sports and Entertainment is hosting two events for Art Basel this year. There will be exclusive meet-and-greets with artists, cocktail parties, live performances, top shelf open bars, and luxurious giveaways.

You don't want to miss it.

1) A private cocktail party and afterparty starting at 6pm on Thursday December 7th and

2) A private residence house party starting at 8pm on Friday December 8th

If you are interested in attending

RVSP by emailing [email protected]

More info here

See you there

RSVP

Our Properties

306 Mott Street, Unit PH9 NoHo 4 Bed \| 4.5 Bath OH: 12/3 12 pm - 1:30 pm	63 East 9th Street, Unit 3G Greenwich Village 1 Bed \| 1 Bath OH: 12/3 1:00 pm - 2:00 pm
431 West 54th Street, Unit 4D Hell's Kitchen Studio \| 1 Bath OH: 12/3 3:00 pm - 3:30 pm	977 East 15th Street Midwood 4 Bed \| 2 Bath

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Martin Eiden Team

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[email protected]

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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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Should NYC regulate its Skyline?, S&P 500 Hits 2023 Record, Mortgage Applications Rise as Rates Fall

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