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Lorraine Woellert

Lorraine is enjoying her first real job after a career in journalism. She’s based in Washington, D.C., where she writes about housing and the economy. Before joining Redfin, Lorraine was at Bloomberg News reporting on politics, financial mayhem, housing and the economy. Her dream home is a top-floor loft with a pool, friendly neighbors and a terrace for throwing parties. Everyone's invited.

Redfin is a full-service <a href="https://www.redfin.com/">real estate brokerage</a> that uses modern technology to make clients smarter and faster. For more information about working with a Redfin <a href="https://www.redfin.com/real-estate-agents">real estate agent</a> to buy or sell a home, visit our <a href="https://www.redfin.com/why-buy">"Why Redfin?,"</a> page.

Most Recent

housing market

… and Here's The Week in Housing News

July 6, 2015

Hold on to your tweedy cap. Despite decent jobs data last week, the U.S. economy faces headwinds. Americans are dropping out of the workforce and no one yet knows whether the Greek drama is a tragedy or comedy of errors. There’s China and Puerto Rico to contend with, too. In housing news this week, we get more jobs data, Janet Yellen speaks and Congress will give us a taste of their annual fall spending battle. D.C. gets its own beach for the summer and it might be the only shark-free zone in the city.

labor-participation-rate

Here's the Other Story in Today's Jobs Report: Americans Are Dropping Out

July 2, 2015

Employers added 223,000 jobs in June and unemployment fell. But as always, there’s more to the story. The number of Americans working or looking for work fell to its lowest in 37 years. Back then, a 30-year mortgage was 9 percent and rising fast. One month doesn’t make a trend, but 15 years does. That’s about how long people have been dropping out of the workforce.

housing market

… and Here's Your Housing News for June 29, 2015

June 29, 2015

Several big Supreme Court decisions and a bushel of upbeat economic data had a lot of Americans partying over the weekend. While you nurse the hangover, here’s a rundown of what it all means. This week, economists expect more good news on home prices and job creation. On July 4th, my old neighbor Dave Grohl will come out of convalescence for an epic event in D.C. His boyhood home? A suburban, three-bedroom split level built in 1955.

housing market

The Week in Housing News

June 22, 2015

Janet Yellen used the word “gradual” seven times in a single hour last week, secret Fedspeak signalling that interest rates probably will rise… gradually. In other housing news, homes are selling at a record speeds and we saw more price frenzy in San Francisco. For Father’s Day, we learned how much Greek kids love Dad—and his basement. Mark your calendars for Thursday, when Redfin debuts an innovative index of homebuyer demand. Also on tap: Harvard releases its annual state-of-housing report and we get more sales data.

Chicago Home Prices Rising, Homes Selling at Fastest Pace in Two Years

June 18, 2015

Chicago home prices rose 6.1 percent in May, to $285,000, a slowdown from rapid appreciation earlier in the year. Inventory was at its highest level in more than two years, which is giving buyers more leverage, but homes are selling at the fastest pace in almost two years.

Most Recent

housing market

… and Here's The Week in Housing News

July 6, 2015

Hold on to your tweedy cap. Despite decent jobs data last week, the U.S. economy faces headwinds. Americans are dropping out of the workforce and no one yet knows whether the Greek drama is a tragedy or comedy of errors. There’s China and Puerto Rico to contend with, too. In housing news this week, we get more jobs data, Janet Yellen speaks and Congress will give us a taste of their annual fall spending battle. D.C. gets its own beach for the summer and it might be the only shark-free zone in the city.

labor-participation-rate

Here's the Other Story in Today's Jobs Report: Americans Are Dropping Out

July 2, 2015

Employers added 223,000 jobs in June and unemployment fell. But as always, there’s more to the story. The number of Americans working or looking for work fell to its lowest in 37 years. Back then, a 30-year mortgage was 9 percent and rising fast. One month doesn’t make a trend, but 15 years does. That’s about how long people have been dropping out of the workforce.

housing market

… and Here's Your Housing News for June 29, 2015

June 29, 2015

Several big Supreme Court decisions and a bushel of upbeat economic data had a lot of Americans partying over the weekend. While you nurse the hangover, here’s a rundown of what it all means. This week, economists expect more good news on home prices and job creation. On July 4th, my old neighbor Dave Grohl will come out of convalescence for an epic event in D.C. His boyhood home? A suburban, three-bedroom split level built in 1955.

housing market

The Week in Housing News

June 22, 2015

Janet Yellen used the word “gradual” seven times in a single hour last week, secret Fedspeak signalling that interest rates probably will rise… gradually. In other housing news, homes are selling at a record speeds and we saw more price frenzy in San Francisco. For Father’s Day, we learned how much Greek kids love Dad—and his basement. Mark your calendars for Thursday, when Redfin debuts an innovative index of homebuyer demand. Also on tap: Harvard releases its annual state-of-housing report and we get more sales data.

Chicago Home Prices Rising, Homes Selling at Fastest Pace in Two Years

June 18, 2015

Chicago home prices rose 6.1 percent in May, to $285,000, a slowdown from rapid appreciation earlier in the year. Inventory was at its highest level in more than two years, which is giving buyers more leverage, but homes are selling at the fastest pace in almost two years.

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