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Photo of Sydney Lake

Photo of 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 covering generational dynamics, billionaire philanthropy, housing, real estate, luxury, and wealth. Before joining Fortune, Sydney served as the assistant editor of Virginia Business magazine and worked 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.

Miami

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

By Sydney LakeJanuary 9, 2024

Realtor

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

By Sydney LakeJanuary 8, 2024

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 LakeJanuary 8, 2024

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’

By Sydney LakeJanuary 4, 2024

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

By Sydney LakeJanuary 3, 2024

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

By Sydney LakeJanuary 3, 2024

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

By Sydney LakeDecember 29, 2023

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

By Sydney LakeDecember 27, 2023

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

By Sydney LakeDecember 26, 2023

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

By Sydney LakeDecember 23, 2023

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 LakeDecember 19, 2023

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

By Sydney LakeDecember 15, 2023

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

By Sydney LakeDecember 14, 2023

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%

By Sydney LakeDecember 13, 2023

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

By Sydney LakeDecember 12, 2023

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