Sydney Lake

Sydney Lake

Sydney Lake is an associate editor at Fortune, where she writes and edits news for the publication's global news desk. At Fortune, she previously wrote about real estate, housing, and higher education. Before joining Fortune, Sydney served as the assistant editor of Virginia Business magazine and interned on the production desk at CQ Roll Call. She earned her bachelor’s degree in journalism and leadership studies from the University of Richmond and her master's degree in digital media management from the University of Southern California.

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The frozen housing market has more competition than pre-pandemic.

3 reasons why the frozen housing market of 2024 is actually more competitive than before the pandemic, Zillow says

Dismissed woman packing personal stuff into box in office

Ex-Cloudflare employee records her firing and sparks a debate about whether it was a layoff in disguise or her fault

Baby boomers’ total housing equity is still triple that of millennials

The economy just handed boomers another win—the U.S. housing market nearly doubled in a decade to a record $23 trillion

A new study shows that 15% of Americans have co-purchased a home with a person other than their romantic partner—and another 48% would consider it.

Millennials are ‘carpooling for homes’ by teaming up with non-romantic co-buyers because of the disastrous state of the housing market

Miami

Detroit dethroned Miami as fastest-appreciating housing market as home prices continued their climb in late 2023, CoreLogic says

Realtor

National Association of Realtors head appointed after sexual harassment scandal, $1.8 billion verdict quits, claiming blackmail

Housing market

The brutal 2023 housing market was just like the 1980s—except with a little bit of Global Financial Crisis thrown in

By Alena Botros and Sydney Lake

Office buildings

Commercial real estate has a ‘muted’ outlook after a near-death experience in 2023, Moody’s economist says—and ‘office will continue to face the most strain’

Jonathan Miller speaking

The dean of NYC’s housing market dissects a puzzle: Manhattan’s record-high number of all-cash home sales. He sees good news ahead on mortgage rates

Man walking past a New York building with a sign that says Townhouse for sale.

2023 was a dud for New York City real estate—‘even for rich people.’ This year isn’t shaping up to be much better, Coldwell Banker office says

Selling Sunset star Emma Hernan is optimistic about the luxury real estate market for 2024.

The mansion tax was a ‘nightmare’ for luxury Los Angeles real estate this year, ‘Selling Sunset’ star says. But 2024 could be a ‘sweet spot’ for buyers

It doesn’t seem to matter how badly younger generations want to buy a house—there are too many barriers for many of them to break into the housing market.

Millennials, don’t hold your breath: 2024 probably won’t be your year to break into the housing market, either

Some experts project that downsizing boomers will bring extra inventory to the market starting next year.

Tides have changed: Housing market experts split on whether the ‘silver tsunami’ of baby boomer downsizing will begin in 2024

Current market conditions bring to mind nothing like an unwelcome visit of a “housing market of Christmas past.”

Homebuyers are being haunted like Scrooge this holiday season as Fortune 500 chief economist sees ‘housing market of Christmas past’ settling in for 2024

Young couple in front of a home under construction look at floor plans

Even a burst in new home construction isn’t enough to solve the nation’s housing crisis

By Alena Botros and Sydney Lake