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

U.S. Money Supply Is Doing Something It Hasn't Done in 90 Years, and It May Signal a Big Move for Stocks https://link.socalmultifamilybroker.com/DaIV

Mortgage Delinquency Rate Remains Near Record Low https://link.socalmultifamilybroker.com/DaIf

As So Cal Home Listings Plunge, Prices Perk Up https://link.socalmultifamilybroker.com/DaLU

Report: CRE Distress is Possible; Watch Out for Generalizations https://link.socalmultifamilybroker.com/DaLX

Fundamentals Continue Hammering the Office Sector https://link.socalmultifamilybroker.com/DaLY

Pending Home Sales Suffer Sudden Drop https://link.socalmultifamilybroker.com/DaLZ

LA Apartment Rents Fall Incrementally In March https://link.socalmultifamilybroker.com/Db6r

After This Interest Rate Hike, Will the Fed Finally Hit Pause? https://link.socalmultifamilybroker.com/Db6z

New Listings of Homes Down 22.4% https://link.socalmultifamilybroker.com/Db8P

Morgan Stanley Analysts Think Commercial Real Estate Is Heading For Something ‘Worse Than In The Great Financial Crisis’ https://link.socalmultifamilybroker.com/Db9R

April’s Apartment Rent Growth Hits Several Grim Milestones https://link.socalmultifamilybroker.com/DbBr

LA County Multifamily Market Enters Steep Decline https://link.socalmultifamilybroker.com/DclT

These CRE Assets Have a Track Record of Resiliency in Economic Downturns https://link.socalmultifamilybroker.com/DclZ

Early Price Discovery Says Property Types Split in Performance https://link.socalmultifamilybroker.com/Dclb

Multifamily Fundamentals Are Beginning to Stabilize https://link.socalmultifamilybroker.com/Dclc

Charlie Munger Warns Banks: ‘A Lot of Real Estate Isn’t So Good Anymore’ https://link.socalmultifamilybroker.com/Dclh

After Record-Breaking Year Of $100 Million Apartment Sales, 2023 Off To Slow Start https://link.socalmultifamilybroker.com/Dcln

Annual Home Price Growth at Lowest Rate in Over a Decade https://link.socalmultifamilybroker.com/DdYD

Billionaire Investor Marc Rowan Joins CRE Doom Chorus https://link.socalmultifamilybroker.com/DdYE

First Republic’s Failure Leaves “Gaping Hole” In Market https://link.socalmultifamilybroker.com/DdYL

Retail Exodus Grows in Downtown San Francisco https://link.socalmultifamilybroker.com/Djz3

Core Real Estate Total Returns Expected to Drop by 7.6% This Year https://link.socalmultifamilybroker.com/Djzg

Cap Rates Are Crushing CRE Deals Even More Than Before https://link.socalmultifamilybroker.com/Djzi

Fed’s Latest Rate Hike Adds to Strain on Capital Markets https://link.socalmultifamilybroker.com/Djzk

Some Sanity Is Finally Returning To Socal’s Brutal Apartment Market: A Rental Guide https://link.socalmultifamilybroker.com/Djzm

Southern California Pay Raises Are Shrinking, Just As The Fed Wants https://link.socalmultifamilybroker.com/Djzr

Barry Sternlicht: Fed Rate Hikes Are “Bordering On Idiotic” https://link.socalmultifamilybroker.com/Dkef

Active Home Listings 50.5% Below Pre-Pandemic Levels https://link.socalmultifamilybroker.com/DkiQ

Orange County

9
Closed Sales Last Week
63
Closed Sales - Average Days on Market
$3,537,889
Closed Sales - Average Sales Price
1
Transactions Sold At or Above Asking Price
4
Financed Transactions Last Week
5
All Cash Transactions Last Week
7
2-4 Unit Transactions Last Week
2
5+ Unit Transactions Last Week
8
New Listings Last Week
6
Months of Inventory
154
Total Number of Active Listings
$657,246,366
Active Listings, Dollar Volume
7
Active Under Contract Last Week
4
Pending Listings Last Week
7
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
7
Closed Sales - Average Days on Market
$3,211,000
Closed Sales - Average Sales Price
1
Transactions Sold At or Above Asking Price
4
Financed Transactions Last Week
0
All Cash Transactions Last Week
2
2-4 Unit Transactions Last Week
2
5+ Unit Transactions Last Week
10
New Listings Last Week
11
Months of Inventory
105
Total Number of Active Listings
$303,819,107
Active Listings, Dollar Volume
7
Active Under Contract Last Week
3
Pending Listings Last Week
3
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Avg. Cap Rate: 4.63%
Avg. Gross Rent Multiplier: 14.33

Live MLS Link PDF Link