Housing Market Decoded: Why are home prices still rising?
High mortgage rates, which increase the cost of buying, should push prices down — right? But the relationship between rates and home prices isn’t that simple.
July 17, 2024
Chief Economist
Dr. Lisa Sturtevant is Chief Economist at Bright MLS — one of the country's largest MLSs, serving more than 100,000 subscribers — where she leads research and forecast activities for Bright and serves as a thought leader on the housing market.
She has been involved in research on economic, demographic and housing market issues for more than 20 years, previously serving as Chief Economist with Virginia REALTORS. She was founder and president of LSA Planning, a housing consulting firm, and has served in other research capacities at non-profit organizations and universities.