2025 Housing Market Trends: Mortgage Rates, Inventory, & Policy Solutions w/ Lisa Sturtevant
In this episode of Entrepreneurial Impact, hosts Joe Martin and David Donaldson are joined by Lisa Sturtevant, Chief Economist at Bright MLS, for a deep dive into the 2025 housing market. Lisa unpacks the latest data, discusses mortgage rate trends, and offers actionable advice for real estate agents navigating the complexities of the coming year.
From the ongoing impact of rate hikes to strategies for tackling inventory shortages, this conversation is filled with insights to help agents become trusted advisors in their markets. Lisa also shares thoughts on the local policies and economic conditions shaping housing supply and demand, emphasizing the importance of staying informed and proactive in 2025.
Main Talking Points:
🗣 [00:01:13] Key Metrics for 2024: What the numbers tell us about the market’s trajectory.
đź—Ł[00:05:28] The New Normal for Mortgage Rates: Why 6.5% could be the sweet spot.
đź—Ł[00:12:45] Inventory Challenges: Builders pulling back and its broader implications.
đź—Ł[00:18:27] Local Policy as a Solution: How zoning and permitting impact supply.
đź—Ł[00:26:14] Economic Development and Housing: Framing housing as a growth opportunity.
Memorable Quotes:
💬 “The days of 3% mortgage rates are gone, but 6.5% can still move the market.” – Lisa Sturtevant
💬 “Focus on life happens events—those are the drivers of real estate activity.” – Lisa Sturtevant
💬 “Housing is not just a social issue—it’s an economic development tool.” – Lisa Sturtevant
