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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A young couple entering a home that’s for sale

The frozen housing market is finally starting to thaw as mortgage rates drop below 7% and more homes change hands

Woman looking out a window at buildings under construction

The commercial real estate market will get better for investors who are ‘willing to take the long view,’ PwC says

Refinancing is making its comeback as mortgage rates drop to 7%.

Homeowners, get ready to date the rate. Refinancing is making its comeback as mortgage rates drop to 7%

New homeowners are getting hit already with negative equity.

Some homeowners who managed to buy last year are bleeding money—the worst-hit have lost more than $100,000 in value as price corrections “pummel” dozens of cities

Capital Economics predicts a continued drop in mortgage rates and an uptick in mortgage applications.

It’s ‘extremely likely’ we’ve seen mortgage rates peak, Capital Economics says, and mortgage demand is starting to recover

Barbara Corcoran smiles during an interview.

Self-made millionaire Barbara Corcoran reveals her ‘golden rule’ of real estate investing

Despite its importance, homeownership is ever further out of reach, especially for older millennials (aged 35-45) who face a “bigger financial burden."

Millennials are the most housing-obsessed generation, BofA survey shows—it’s a sign the prosperity of the boomers has bypassed them

Mortgage rates are expected to drop next year.

Housing affordability is the worst it’s been in decades. It will improve in 2024, but by only a ‘small step,’ Realtor.com chief economist says

Home prices could drop in 2024, but that won't completely fix housing affordability.

Home prices are likely to drop next year, but don’t expect that to solve the affordability crisis, bank exec says

Renowned economist Gary Shilling predicts that the commercial real estate bubble will burst.

Top economist who predicted 2008 housing crash says the commercial real estate bubble is about to burst

The math isn't working for may homebuyers to break into the housing market.

Personal Finance

Housing math just isn’t mathing, a Fed president says, ripping into NIMBYism and homes that are ‘increasingly unattainable for too many workers’

Increases in the cost of living have been smaller recently, which could eventually make it easier for some people to afford homes and mortgages.

Lower inflation may be the hammer that cracks the unaffordable housing market for would-be homebuyers

Thanks to higher home prices and middling inventory, new owners tend to be older, earn more, and are likelier to be single or childless than in the past.

Personal Finance

This isn’t your parents’ first-time homebuyer: more millennials are breaking into the housing market, but they’re older than boomers were and need to earn a lot more money

Father and son

Personal Finance

Millennials are replaying their parents’ housing market journey as first-time buyers in their 30s flood into an unaffordable market

New York, NY, USA – July 5, 2022: The AMC Empire 25 Theater on the West 42nd street near Times Square in Midtown Manhattan, New York City.

AMC Theatres posts best revenue and attendance since pandemic began as it closes money-losing locations and rakes in cash from ‘Barbenheimer’ bonanza