• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Photo of Sydney Lake
Twitter iconLinkedIn icon
Photo of Sydney Lake

Sydney Lake

Twitter iconLinkedIn icon
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.
The typical couple receives 32% more for a honeymoon fund, with an average of $767, compared with a new home fund average of $556, Esther Lee, deputy editor of The Knot, tells Fortune.
Personal Finance
Housing affordability is so strained that 1 in 5 couples ask for down payment cash on their wedding registry. Your friends and family would rather give you cash to go to Mexico
By Sydney LakeNovember 5, 2023
While the midwest is the strongest region, Miami reported the highest average home price of all of these individual markets at more than $422,000.
Finance
Home prices in 7 cities just reached all-time highs on the back of a blistering 7-month run for the housing market—and the Midwest is the big winner
By Alicia Adamczyk and Sydney LakeNovember 2, 2023
Housing's Catch-22
Finance
You can either have a high-paying job or an affordable house. Getting both is the housing market Catch-22
By Sydney LakeNovember 1, 2023
Photo of a young man looking seriously at a financial statement
Personal Finance
Housing market affordability is so bad that Zillow says it will take you 13.5 years to break even on a purchase from July onward
By Sydney LakeNovember 1, 2023
Realtor
Finance
Real-estate industry rocked by $1.8 billion verdict finding ‘conspiracy’ to force sellers to pay illegal commission fees
By Alena Botros and Sydney LakeOctober 31, 2023
Builders are offering major incentives for buyers otherwise locked out of the housing market.
Finance
While some homebuyers pay 8% mortgage rates, others are wrangling steep discounts—and it’s creating a surprising surge in new home sales
By Sydney LakeOctober 27, 2023
Capital Economics expects mortgage rates to stay above 6% through 2025.
Finance
The mortgage rate shock hitting the housing market has years left to run, Capital Economics says
By Sydney LakeOctober 26, 2023
A TikTok trend says homeowners can save $80,000-plus with this mortgage hack. But is it too good to be true?
Personal Finance
Influencers want to hack your high mortgage rates for a new car or an extra vacation. ‘This can be a great strategy,’ housing market expert says—but only if you can really budget for it
By Sydney LakeOctober 25, 2023
San Francisco
Success
San Francisco’s housing market is so broken that billionaire philanthropist MacKenzie Scott made 2 major real-estate donations in a month
By Sydney LakeOctober 21, 2023
Winter came early to the housing market as buyers face a frozen, unaffordable market.
Finance
The housing winter arrives early as existing-home sales crash to Great Recession levels and the long-feared ‘deep freeze’ sets in 
By Sydney LakeOctober 20, 2023
Boomer, millennial
Finance
It’s official: The housing market is turning millennials into their parents. A Fortune 500 economist says it’s a déjà vu market that is replaying the 1980s
By Will Daniel and Sydney LakeOctober 19, 2023
Artistic rendering of charts going up and down
Finance
Homebuyers and sellers: Get ready for mortgage rates at 8% for a long time, top economist says
By Sydney LakeOctober 19, 2023
Depressed home shopper
Finance
The housing market is so unaffordable that buyers need to make nearly $115K to afford the average home, Redfin says—that’s $40k more than average earnings
By Sydney LakeOctober 18, 2023
Priscilla Almodovar, Fannie Mae CEO, says the lock-in effect is a "tale of two housing markets" where sellers don't want to let go of their low mortgage rates and prospective buyers can't take on the new 7%-plus rates.
Finance
Fannie Mae’s CEO says shopping for a house right now is downright Dickensian: A ‘tale of 2 markets’
By Sydney LakeOctober 17, 2023
A “for sale” sign hangs in front of a home in Miami
Finance
The housing market is about to have its slowest year since the real estate bubble burst in 2008, according to National Association of Realtors
By Sydney LakeOctober 16, 2023
1...
  • 44
  • 45
  • 46
  • 47
  • 48
...66
Most Popular
Future of Work
Mike Rowe on America’s great tradesperson shortage: ‘I don’t care what your politics are. Math doesn’t care, either’placeholder alt text
By Nick LichtenbergSeptember 30, 2026
Politics
Trump removes chairs for TSA agents, saying they ‘must meet fitness for duty requirements’placeholder alt text
By Sasha RogelbergOctober 1, 2026
Politics
Billionaire George Soros has donated $102 million ahead of the midterms—and now the Democrats are coming out aheadplaceholder alt text
By Mia OsmonbekovOctober 2, 2026
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

    © 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
    FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.