Not all posh neighborhoods are exclusive. Sure, some are so upscale that the mail carrier is the only working-class person you’ll see. Others are wholly affordable. More rare is a third kind of place, where swanky homes share the curb[...]
The latest jobs report checks all the boxes for the Fed to hike rates when it meets next week. But when it comes to housing, the job market comes up uncomfortably short.
The economy created 211,000 jobs in November and unemployment is near[...]
Home prices in the luxury market fell 2.2 percent in the third quarter compared to last year, the first time prices for the nation’s most expensive homes have fallen since the first quarter of 2012. The luxury market, which we identify as[...]
After a year of heated competition in the housing market, the balance of power between buyers and sellers is shifting. In a survey of 900 Redfin agents across the country conducted last month, only 6 percent believed sellers held all the[...]
Last week, Fannie Mae and Freddie Mac made it a little easier to get a mortgage. This week, climate talks might actually yield something, Janet Yellen gives us her two cents–twice!–and Congress tries to avoid a government shutdown.[...]