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Here's What's Happening In The Market, Here’s What This Means For You

Consumers Grow Grimmer About Future https://link.socalmultifamilybroker.com/DYD1

Commercial Real Estate Lending Volumes Up 14.5% https://link.socalmultifamilybroker.com/DV9Z  

More People are Losing Jobs and More of Them are High-Earners https://link.socalmultifamilybroker.com/DVoV

More SFR Investors are Selling at a Loss https://link.socalmultifamilybroker.com/DVor

Fannie Mae Expects Stronger Q1 Growth But Still Forecasts Recession https://link.socalmultifamilybroker.com/DVoy

Mortgage Delinquencies at Record Low https://link.socalmultifamilybroker.com/DVp1

Retail Store Closures 'To Sharply Accelerate Going Forward': UBS Research https://link.socalmultifamilybroker.com/DVpu

The Median U.S. Home Price Just Posted Its Largest Drop Since 2021 https://link.socalmultifamilybroker.com/DV-f

Rental Housing Prices Up in March https://link.socalmultifamilybroker.com/DXPm

Competition For Housing Heats Up As Southern California Listings Plunge https://link.socalmultifamilybroker.com/DXPq

Brookfield’s Default, Blackstone’s Earnings Drop: Bellwethers for Delinquencies? https://link.socalmultifamilybroker.com/DXQH

This Analyst Believes Banks Will Extend CRE Loans As Maturities Come Due https://link.socalmultifamilybroker.com/DXQU

LA Home Prices Turn Corner in March https://link.socalmultifamilybroker.com/DXRM

San Diego Proposes Stronger Renter Protections https://link.socalmultifamilybroker.com/DXRN

So Cal Loses 4,600 Real Estate Jobs Last Month During Sluggish Market https://link.socalmultifamilybroker.com/DXRR

The Banking Crisis Has Added Another Stressor To An Already Stressed Industry https://link.socalmultifamilybroker.com/DXSD

First Republic is in a Shaky Position and Needs a Savior Fast https://link.socalmultifamilybroker.com/DYBJ

Is A New Housing Bubble Being Formed? https://link.socalmultifamilybroker.com/DYBv

Luxury Multifamily is Starting to Feel Rent Pressures https://link.socalmultifamilybroker.com/DYCr

Multifamily Cap Rates Have Begun to Stabilize https://link.socalmultifamilybroker.com/DYJm

W&D Thinks Apartment Deals Will Start Up Again in H2 https://link.socalmultifamilybroker.com/DZ0r

Legislative Committee Nixes California Rent Cap Proposal https://link.socalmultifamilybroker.com/DZ14

NMHC Survey Shows Continued Weaking in Multifamily Market Conditions https://link.socalmultifamilybroker.com/DZ17

Orange County

7
Closed Sales Last Week
61
Closed Sales - Average Days on Market
$1,904,333
Closed Sales - Average Sales Price
3
Transactions Sold At or Above Asking Price
6
Financed Transactions Last Week
1
All Cash Transactions Last Week
7
2-4 Unit Transactions Last Week
0
5+ Unit Transactions Last Week
11
New Listings Last Week
8
Months of Inventory
164
Total Number of Active Listings
$637,380,267
Active Listings, Dollar Volume
6
Active Under Contract Last Week
3
Pending Listings Last Week
2
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Avg. Cap Rate: 4.44%
Avg. Gross Rent Multiplier: 14.92

Live MLS Link PDF Link


Southern California

4
Closed Sales Last Week
54
Closed Sales - Average Days on Market
$2,177,500
Closed Sales - Average Sales Price
0
Transactions Sold At or Above Asking Price
3
Financed Transactions Last Week
1
All Cash Transactions Last Week
2
2-4 Unit Transactions Last Week
2
5+ Unit Transactions Last Week
4
New Listings Last Week
9
Months of Inventory
108
Total Number of Active Listings
$268,103,408
Active Listings, Dollar Volume
3
Active Under Contract Last Week
2
Pending Listings Last Week
4
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Avg. Cap Rate: 4.63%
Avg. Gross Rent Multiplier: 14.37

Live MLS Link PDF Link