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

California Housing Affordability Sinks to 2007 Levels https://link.socalmultifamilybroker.com/FOxo

Happy Days for Homebuilders Should Continue for a While https://link.socalmultifamilybroker.com/FOxr

Shortage of Homes for Sale Propping Up Housing Values https://link.socalmultifamilybroker.com/FOxu

Experts Forecast Where Apartment Rents are Headed https://link.socalmultifamilybroker.com/FOxx

Smaller Balance CRE Loans May Be the Ticket for Investors https://link.socalmultifamilybroker.com/FOy-

Amid CRE Default Concerns, Bank Capital Rules to Change https://link.socalmultifamilybroker.com/FOzK

Trepp: CRE Bank Loan Performance Declines in Q1 https://link.socalmultifamilybroker.com/FP2Y

South Bay Cities Enact Rent Control After Double-Digit Rate Hikes https://link.socalmultifamilybroker.com/FPbw

CBRE Sees Q2 Slowdown in Lending Momentum https://link.socalmultifamilybroker.com/FPby

Institutional Investors Are Primed to Buy Apartments in H2 https://link.socalmultifamilybroker.com/FPrL

Foreclosures Are Rising: Here’s What Experts Say It Means for the Housing Market https://link.socalmultifamilybroker.com/FPrQ

Retail Openings Have Eclipsed Closings So Far This Year https://link.socalmultifamilybroker.com/FPrU

Commercial Mortgage Lending Index Down 52.2% https://link.socalmultifamilybroker.com/FPsX

Global Household Wealth Drops for First Time Since 2008 Financial Crisis https://link.socalmultifamilybroker.com/FPu0

“Coming Out Of The Woodwork”: Wall Street Circles Commercial Distress https://link.socalmultifamilybroker.com/FQaM

As Property Owners Begin Yielding on Price, Funds Get Ready to Pounce https://link.socalmultifamilybroker.com/FQad

Trade Groups Ask FHFA To Forgo Rent Control Proposal https://link.socalmultifamilybroker.com/FQab

BlackRock Predicts a Future Economy of Full-Employment Stagnation https://link.socalmultifamilybroker.com/FQzq

CRE Lending Could Get Even Tighter If Fitch Downgrades Banks https://link.socalmultifamilybroker.com/FTxm

Total CRE Loans From Banks Hit $3T Even as Originations Cool https://link.socalmultifamilybroker.com/FTxs

Property Owners Bombard San Francisco with Tax Appeals https://link.socalmultifamilybroker.com/FU7Y

Mortgage Rates Top 7%, Highest Level in Over 20 Years https://link.socalmultifamilybroker.com/FU9D

Utilities Too Are Driving Up Multifamily Operation Expenses https://link.socalmultifamilybroker.com/FV3o

Orange County

6
Closed Sales Last Week
54
Closed Sales - Average Days on Market
$1,667,500
Closed Sales - Average Sales Price
3
Transactions Sold At or Above Asking Price
4
Financed Transactions Last Week
2
All Cash Transactions Last Week
5
2-4 Unit Transactions Last Week
1
5+ Unit Transactions Last Week
14
New Listings Last Week
8
Months of Inventory
189
Total Number of Active Listings
$687,208,357
Active Listings, Dollar Volume
11
Active Under Contract Last Week
5
Pending Listings Last Week
0
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Avg. Cap Rate: 4.44%
Avg. Gross Rent Multiplier: 14.87

Live MLS Link PDF Link


Southern California

4
Closed Sales Last Week
22
Closed Sales - Average Days on Market
$1,447,500
Closed Sales - Average Sales Price
3
Transactions Sold At or Above Asking Price
4
Financed Transactions Last Week
0
All Cash Transactions Last Week
4
2-4 Unit Transactions Last Week
0
5+ Unit Transactions Last Week
5
New Listings Last Week
9
Months of Inventory
111
Total Number of Active Listings
$298,748,986
Active Listings, Dollar Volume
4
Active Under Contract Last Week
1
Pending Listings Last Week
1
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Avg. Cap Rate: 4.63%
Avg. Gross Rent Multiplier: 14.17

Live MLS Link PDF Link