"Through hell to heaven… grind 'til 2027." That's the mindset Tug brings as Mark and Jeff revisit what it may take for real estate transaction volume to return to historical norms. They also break down why market sentiment, tracked by platforms like Polymarket, is shifting against Fannie Mae exiting conservatorship. What's driving the skepticism? The conversation turns to artificial intelligence and its growing role in valuation: how should it be used, and what guardrails are needed? With the Appraisal Standards Board seeking input on AO-41, the industry may be at a turning point. Plus, a look at consumer sentiment — confidence in the economic outlook is slipping, while expectations for inflation are rising. What does that mean for housing and beyond?