While NAR fights legal challenges to procompetitive, proconsumer local broker marketplaces, you can educate your community.

Real estate professional Alyssa Webb's recent run-in with a possible squatter inside a Montana listing underscores the need for caution. "When you're approaching a residence or business or something where you might be the only one going in, it's important to notice what's going on," said the Billings Police Department's Matt Lennick, who suggests looking out for broken windows and open or unlocked exterior doors.

Thorough research and delegation can temper decision fatigue for small-business owners, say business experts, who outline five routes to better decisions. Additional techniques include redefining a choice as a process rather than a moment and weighing the level of risk.

Despite the weekly volatility in borrowing costs lately, the overall trend is down, NAR says.

Canadians may look to co-ownership as a way to lower the costs of buying a home, though currently only a small percentage of buyers choose to live in homes owned with others. However, there are risks such buyers should be aware of.

Christi Brink of RETSY is listing this $4.25 million Phoenix home designed by architect Arthur Froelich. The mid-century modern home covers 7,300 square feet.

As the official publication of the National Association of REALTORS®, we at REALTOR® Magazine always strive to communicate the vital role, integrity and value of real estate professionals in property ownership. Regrettably, we failed our mission and you in the spring issue of the magazine, which included a photo depicting a For Sale By Owner sign with the article "Multigenerational Housing: Making It a Norm." This was an error, and we are deeply remorseful for any harm, frustration or distress it may have caused. The photo was inappropriate and does not support the profession nor in any way reflect our beliefs and the merits of the hard, fulfilling work you do on behalf of your clients every day. We take this matter seriously and have put measures in place to ensure this never happens again. We are committed to doing better. Please accept our sincerest apologies and know it is always our intention to demonstrate the utmost respect and deference to you, what you do and what it means to be a REALTOR® and member of the National Association of REALTORS®. You can find the corrected article page here.

NAR Fair Housing Champion Frank J. Williams of Chicago has been a fierce advocate for legislation that expands housing opportunity and promotes a level playing field.

A bill passed by Rhode Island representatives would eliminate the need to seek zoning approval for projects that convert commercial real estate into housing. Reviews and permits would still be required, but the bill also bars local governments from requiring more than one parking space per housing unit while allowing construction of more units if affordable housing is included.

The U.S. economy experienced a sharp slowdown in the first quarter of 2023, with a growth rate of 1.1% recorded on an annualized basis compared to economists' expectations of 2%, as the Federal Reserve continued its monetary tightening efforts. Despite this slowdown, the U.S. economy demonstrated resilience with some pockets of strength, including modest consumption growth that countered the negative effect of declining inventories.