Update from NAR.. Lawrence Yun, NAR chief economist, explains how squatting affects private property rights and the local economy, including challenges in states where removal is more difficult. Have a question for our economists? Email AskTheEconomist@nar.realtor or drop it in the comments.

There’s an exciting new energy building within our Association — and we want you to be part of it! We’re thrilled to welcome Tia Hunnicutt as Interim CEO.

Update from C.A.R. The 30-year fixed-rate mortgage rose this week, up from last week’s average of 6.36%. Rates remain below last year’s at this time, when the 30-year FRM averaged 6.86%. Overall, economic indicators have remained relatively steady in recent weeks. Consumer spending, hiring, and business sentiment have held up better than expected, although inflation continues to pose a lingering risk that could delay meaningful relief in interest rates. Even so, the economy’s

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