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An Attorney, a Janitor and a Mail Carrier Walk into a Bar – Where Are They?

An Attorney, a Janitor and a Mail Carrier Walk into a Bar – Where Are They?

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[...]
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Incomplete Checklist for Jobs and Housing

Incomplete Checklist for Jobs and Housing

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[...]
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Home Prices in the Luxury Market Fell This Summer for the First Time Since 2012

Home Prices in the Luxury Market Fell This Summer for the First Time Since 2012

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[...]
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Home Sellers Are Losing Their Market Advantage

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[...]
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Bigger Mortgages, Tiny Offices and Cards Against Urbanity

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.[...]
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