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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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Professionalism

April 18, 2025

CRMLS Listing Status Definitions and Effects on Days on Market (“DOM”)

This Quick Reference Guide provides you with a list of listing statuses and their definitions, as well as how CRMLS counts Days on Market relative to the status.

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Community

April 18, 2025

PWR Charity Foundation raised $3,000 for the Pasadena Community Foundation’s Eaton Fire Fund

THANK YOU, PWR Members! PWR Charity Foundation raised $3,000 for the Pasadena Community Foundation’s Eaton Fire Fund.

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Community

April 8, 2025

City Talk with OC Sanitation's Rob Thompson

What happens when you flush the toilet? Join Tim Shaw as he gives us an eye-opening tour of the OC Sanitation District Plant.

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Government Affairs

March 24, 2025

Why The U.S. Housing Market Is Short By Nearly Four Million Homes

National Association of REALTORS® (NAR) is committed to legislative priorities in 2025 that address the factors leading to the housing supply falling short by 3.8 million homes in 2024, and which would require more than 7.5 years for builders to catch up with that demand.

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Legal

March 21, 2025

CaIifornia Association of REALTORS® Winter Business Meetings Update

California Association of REALTORS® (“C.A.R.”) wrapped up the Winter Business Meetings held at Indian Wells. This article will summarize some of those meetings and underscore some of the highlights to provide key updates regarding various hot-button issues in the real estate industry in 2025.

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Professionalism

March 20, 2025

The Term “REALTOR®”and Proper Usage

The term REALTOR® is not only a trademark owned by NAR and protected by federal law, it is also a valuable membership benefit that distinguishes members from all others in the real estate business. Remember, a REALTOR® isn't "just another real estate agent."

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Market Update

March 7, 2025

PWReports – February 2025

New Listings decreased 4.6 percent for Single Family homes but remained flat for Townhouse-Condo homes. Pending Sales decreased 40.5 percent for Single Family homes and 47.8 percent for Townhouse-Condo homes. Inventory increased 18.2 percent for Single Family homes and 47.9 percent for Townhouse-Condo homes.

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Professionalism

February 25, 2025

How to Advertise Listings in Printed Neighborhood Market Report

The “Neighborhood Market Report” is defined as an advertising and/or information sheet (typically appearing in the form of a postcard, flyer or newsletter) compiled by and/or for use by a licensee which sets forth a list of home activity in a particular neighborhood area.

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Government Affairs

February 25, 2025

California Department of Insurance and State Legislators Introduce Proposals For Wildfire Mitigation and Recovery Efforts

The California Department of Insurance Commissioner Ricardo Lara has joined together with various state legislators to advance a comprehensive legislative package of ten distinct bills aimed at protecting wildfire survivors and improving preparedness for future disasters.

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Community

February 5, 2025

City Talk with OCTA CEO Darrell Johnson

REALTOR® are always on the road! In this episode of CityTalk, PWR’s GAD Tim Shaw interviews the CEO of the Orange County Transportation Authority, Darrell Johnson.

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Market Update

February 4, 2025

PWReports – January 2025

U.S. existing-home sales advanced for the third straight month, climbing 2.2% to a seasonally adjusted annual rate of 4.24 million units, a 10-month high, according to the National Association of REALTORS® (NAR).

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Community

February 4, 2025

Make Sure Your Insurance Claims Aren’t Denied!

PSA about Homeowner’s Insurance – Some insurance companies have denied claims due to title of a property being in a trust and the insurance being in the individual homeowner’s name.

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