Fast-rising mortgage rates have led to the slowest existing home-sales market nationally in 30 years. But National Association of REALTORS® Chief Economist Lawrence Yun tells NAR members attending the REALTORS® Legislative Meetings: There are plenty of reasons to believe that, when rates drop, the demand will be there.

The National Association of REALTORS®' Multiple Listing Options for Sellers policy, announced in May, offers additional flexibility for sellers without changing the Clear Cooperation Policy. Under the CCP, listing brokers must submit listings to the MLS for cooperation with other MLS participants within one business day of marketing a property to the public. Public marketing includes, but is not limited to, flyers displayed in windows, yard signs, digital marketing on public facing websites, brokerage website displays (including IDX and VOW), digital communications marketing (email blasts), multi-brokerage listing sharing networks, and applications available to the general public. Learn more about NAR's policy statement, Multiple Listing Options for Sellers, at facts.realtor.

During a special innovation education track at the REALTORS® Legislative Conference in Washington, D.C., this week, three proptech trailblazers were recognized Wednesday for tackling challenges like the housing inventory crunch and business inefficiencies. Meet the iOi 2025 Innovators of the Year—Gene Eidelman, Terrence Nickelson and Katherine Aronsson.

Invitation Homes lent $32.7 million to a company working on a Houston community slated for 156 homes. Terms of the transaction would give Invitation Homes the potential to acquire the community after stabilization. Invitation Homes' Scott Eisen indicated that the deal could be the first of several of these kinds of lending arrangements with developers.

There's a three-step process for leaders to unlock their team's hidden talents and align them with business obstacles, says leadership expert Frans van Loef. The approach involves self-reflection, team input and matching strengths to current challenges. This method helps leaders move beyond traditional role assignments, leveraging individual strengths for improved team performance and collaboration.

Fannie Mae is breaking down barriers for first-time and nontraditional buyers with major upgrades to its Desktop Underwriter system. New features can analyze rent payment history, cash flow and self-employment income to help lenders identify a broader network of creditworthy borrowers. These changes could reshape who gets to own a home in the decade ahead.

A unique beach compound in South Portland, Maine, has been listed for nearly $5 million. The compound is the most expensive listing in the city, where median sale prices are about $638,000. Anne Ross-Murray is the listing agent.

Pima County, Ariz., has approved plans to increase public support for affordable housing, which includes allocating at least $200 million over 10 years.