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

Multifamily Insurance Rates Are Up as Much as 28% https://link.socalmultifamilybroker.com/FJ8e

This is How Bad Retail and Office Valuation Drops Have Gotten https://link.socalmultifamilybroker.com/FJ8f

Smaller Businesses Continue To Struggle With Rent Payments https://link.socalmultifamilybroker.com/FJB3

Average Homebuyer’s Monthly Mortgage Payment Up 19% From Last Year https://link.socalmultifamilybroker.com/FJBA

Active Listings Fall Below Pre-Pandemic Levels https://link.socalmultifamilybroker.com/FJBD

California Bill Aims To Limit Renters’ Security Deposit https://link.socalmultifamilybroker.com/FKPU

CRE Seeks Financing Alternatives as Lenders Hit the Brakes https://link.socalmultifamilybroker.com/FKPW

Americans Are Pulling Money Out Of Their 401(K) Plans At An Alarming Rate https://link.socalmultifamilybroker.com/FKwQ

Apartment Sales In Los Angeles Plunge By Nearly 50% https://link.socalmultifamilybroker.com/FKz4

Most U.S. Residents Say It’s a Bad Time to Buy a Home https://link.socalmultifamilybroker.com/FKzC

Inflation: Consumer Prices Rise 3.2% In July As Inflation Slowdown Stalls https://link.socalmultifamilybroker.com/FLtU

Banks Increase Their CRE Loan Charge-Offs https://link.socalmultifamilybroker.com/FLx8

Multifamily Conditions Start to Weaken in Freddie Mac’s Portfolio https://link.socalmultifamilybroker.com/FLxE

Demand For Retail Space Up By 21 Million SF In First Half Of Year https://link.socalmultifamilybroker.com/FMBp 

America's Highest Earners Are Getting Hit Hardest By A Slowing Labor Market https://link.socalmultifamilybroker.com/FMtQ

Investment Sales Expected to Improve in H1 2024 https://link.socalmultifamilybroker.com/FMtX

Report: U.S. CRE Q2 Investment Volume Drops by 64% https://link.socalmultifamilybroker.com/FNav

Declines Recorded In Foreclosure Activity And Mortgage Delinquencies https://link.socalmultifamilybroker.com/FNaw

The Housing Seesaw: Home Sales Sink While Prices Remain Elevated https://link.socalmultifamilybroker.com/FNaz

Orange County

6
Closed Sales Last Week
26
Closed Sales - Average Days on Market
$2,398,513
Closed Sales - Average Sales Price
2
Transactions Sold At or Above Asking Price
2
Financed Transactions Last Week
4
All Cash Transactions Last Week
4
2-4 Unit Transactions Last Week
2
5+ Unit Transactions Last Week
11
New Listings Last Week
8
Months of Inventory
196
Total Number of Active Listings
$692,881,857
Active Listings, Dollar Volume
6
Active Under Contract Last Week
3
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

6
Closed Sales Last Week
82
Closed Sales - Average Days on Market
$1,204,167
Closed Sales - Average Sales Price
0
Transactions Sold At or Above Asking Price
4
Financed Transactions Last Week
2
All Cash Transactions Last Week
6
2-4 Unit Transactions Last Week
0
5+ Unit Transactions Last Week
10
New Listings Last Week
9
Months of Inventory
108
Total Number of Active Listings
$299,776,998
Active Listings, Dollar Volume
2
Active Under Contract Last Week
3
Pending Listings Last Week
0
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