The ripple effects of Minnesota's racial covenants are still being felt

Racial covenants were used to prevent people of color from owning property, and can partially be blamed for lingering racial wealth gaps.
An aerial view of homes in Maplewood, Minnesota.
Ben Garvin

Five years on, how has the COVID-19 pandemic shaped the economy?

Mar 11, 2025
Pavlina Tcherneva at Bard College says that COVID provided an opportunity to rethink the labor market, health care and housing — but we missed that opportunity.
Kena Betancur/AFP via Getty Images

How do you sell a home that's burned down?

Mar 10, 2025
The first listing of a destroyed home in LA's Pacific Palisades neighborhood didn't last long.
A townhome complex in the Pacific Palisades destroyed by the January wildfires. Asking price for one listed townhome property: $750,000.
Matt Levin/Marketplace

How much you get for your house may depend on when you sell it

Mar 10, 2025
New date from Zillow suggests the time of year owners sell affects how much they get. The best time varies by region.
I mean, who would want to move in weather like this?
George Frey/AFP via Getty Images

Money talks: LA's wealthy Palisades will rebuild faster than middle-class Altadena

Mar 5, 2025
After the fires, contractors are likely to choose higher-value properties in Pacific Palisades than less lucrative projects in Altadena.
A sign expressing love for the community stands among the ruins of a house that was destroyed in the Eaton fire.
David McNew/Getty Images

Are volatile mortgage interest rates the new normal?

Mar 3, 2025
The average 30-year fixed-rate mortgage shot up to nearly 8% in late 2023. It fell to just above 6% last fall, bounced back above 7% in mid-January, and declined again recently.
More buyers are realizing “a [mortgage] rate in the low sixes is about as good as you’re likely to do" right now, said Mike Fratantoni at the Mortgage Bankers Association.
The Washington Post/Getty Images

Home prices continued to rise in December

Feb 25, 2025
Prices are now rising fastest in the Northeast, and slowing in some Sunbelt markets that saw big spikes early in the pandemic.
Home prices rose in December, according to the Case-Shiller Index.
Justin Sullivan/Getty Images

For public good, not for profit.

Home Depot sales beat expectations. What does that tell us about the housing market?

Feb 25, 2025
It's the first time the home improvement retailer posted gains in two years. This is partly because homeowners are renovating instead of shopping for a new home.
Home Depot, which saw gains for the first time in two years, serves as a bellwether for the home renovation and construction market.
Justin Sullivan/Getty Images

Homebuilders are feeling pessimistic about future sales

Feb 20, 2025
A survey from the National Association of Home Builders found contractors' expectations fell to their lowest level in more than a year.
Rising material costs resulting from tariffs and a shortage of construction workers will likely add to homebuilding costs.
Eamon Queeney for The Washington Post via Getty Images

Homebuilders have lots of reasons to feel downbeat about the housing market

Feb 19, 2025
Tariffs and higher mortgage interest rates are at the top of the list.
Homebuilder sentiment has fallen to its lowest level in five months, said the National Association of Home Builders.
Saul Loeb/AFP via Getty Images