Tag Archives: Dr. Lisa Sturtevant

Multiple offers still common in Mid-Atlantic despite market cooling

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Competition in the Mid-Atlantic housing market remains strong, with 57 percent of homes receiving multiple offers. Continue reading →

‘The dream of the 90s is alive in the Midwest.’ Can they keep it going?

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The Midwest is gaining popularity with homebuyers. Three economists share what the region has going in its favor — and the challenges of maintaining affordability. Continue reading →

Quit Googling ‘housing crash,’ economist says. It’s a correction

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Economist Lisa Sturtevant says the U.S. housing market isn’t heading for a crash but a gradual correction as affordability pressures and economic uncertainty reshape buyer and seller behavior. Continue reading →

Economists: The housing market ‘feels stagnant,’ while the future ‘remains cloudy’

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New numbers show that 2025 had “the weakest start to a year for home prices since the early 2010s,” one economist said. Continue reading →

Affordability is better, but buyers are still bailing out of contracts

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Pending home sales slid on a monthly and annual basis in January, despite improving market factors. However, several economists urged agents to stay calm, saying a sales boost will likely come this spring. Continue reading →

Buyers turn to the resale market as builders abandon price cuts

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Rising existing-home inventory is thwarting homebuilders, who are now slowing permits and starts — and backing off from hefty incentives. Continue reading →

Pending sales sink as buyers ‘wait and see’ for spring

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Pending home sales declined 9.3 percent month over month in December, as a dip in mortgage rates failed to outweigh consumers concerns about high home prices and the overall economy. Continue reading →

Pending home sales remain stuck in the mud in September

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The National Association of Realtors’ monthly report showed that homebuyers are still a bit crippled by economic uncertainty, and recent mortgage rate drops have mostly only spurred refinance activity. Continue reading →

Pending home sales jumped 4% in August in positive market signal

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NAR Chief Economist Lawrence Yun said lowering mortgage rates were leading to more buyers coming to market, but Bright MLS Chief Economist Dr. Lisa Sturtevant said hopes for a fall market rebound should stay tempered. Continue reading →

June contract signings signal rock-bottom end to 2025

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Pending home sales dropped on a monthly and annual basis in June, according to the National Association of Realtors. Economists are split on what the decline means for the market as homebuyers navigate wider economic fears. Continue reading →