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Professionalism

June 18, 2025

A History of Standard of Practice 10-5 and Rationale for its 2025 Rewrite

Facing a string of (thus far unsuccessful) legal challenges filed against local associations that enforced Standard of Practice 10-5—and further compounded by insurance carriers unwilling to provide coverage against such litigation, Standard of Practice 10-5 urgently required updates

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Government Affairs

June 13, 2025

A WIN for PWR: SCAQMD Rule 1111 and 1121

PWR joined with other business groups to oppose additional costs to housing, and our advocacy efforts succeeded!

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Market Update

July 9, 2025

PWReports – June 2025

New Listings decreased 14.8 percent for Single Family homes and 2.8 percent for Townhouse-Condo homes. Pending Sales decreased 43.8 percent for Single Family homes and median Sales Price increased 2.1 percent to $1,225,000 for Single Family homes and 0.5 percent to $718,550

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Government Affairs

July 9, 2025

Budget Reconciliation Bill Signed into Law

On July 4th, President Trump signed into law the One Big Beautiful Bill Act, a budget reconciliation package that includes a wide-ranging tax reform plan. Among the most closely watched provisions is a revision to the State and Local Tax (SALT) deduction cap.

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Professionalism

June 18, 2025

A History of Standard of Practice 10-5 and Rationale for its 2025 Rewrite

Facing a string of (thus far unsuccessful) legal challenges filed against local associations that enforced Standard of Practice 10-5—and further compounded by insurance carriers unwilling to provide coverage against such litigation, Standard of Practice 10-5 urgently required updates

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Government Affairs

June 18, 2025

PWR Meets with Lawmakers in Washington, D.C. to Advocate for Housing Availability and Increased Access to Homeownership

During the 2025 National Association of REALTORS® Legislative Meetings, members of the Pacific West Association of REALTORS® (PWR) met with members of Congress in Washington, D.C., to advocate for policies that will increase housing supply and improve access to homeownership.

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Market Update

June 13, 2025

PWReports – April 2025

U.S. existing-home sales decreased 5.9% month-over-month and 2.4% year-over-year to a seasonally adjusted annual rate of 4.02 million units, according to the National Association of REALTORS® (NAR), as affordability challenges and economic uncertainty weigh on market activity.

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Market Update

June 13, 2025

PWReports – May 2025

Median Sales Price decreased 2.1 percent to $1,185,000 for Single Family homes and 0.6 percent to $715,000 for Townhouse-Condo homes. Days on Market increased 19.0 percent for Single Family homes and 30.4 percent for Townhouse-Condo homes. Months Supply of Inventory increased 25.0 percent for Single Family homes and 60.9 percent for Townhouse-Condo homes.

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