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

CMBS Delinquency Rate
Drops By Five Basis Points
CRE Values Expected To Fall
10 percent Further: PGIM Report
The Federal Reserve Will Cut Interest Rates 6 Times In 2024 As The Economy Shows Clear Signs Of Cooling Down, ING Says
Southern California Rents To Rise 2-4%
A Year Through 2025, USC Forecast Says
FDIC Increasingly Concerned About
CRE Loans That Are Falling Behind
Investment-Grade CRE Assets
Hit Biggest
YoY Price Decline
Since March 2010
Multifamily Maturities Weaken,
While Office Improves
Slowest Housing Market in Years
Is Weighing on Consumer Spending
Survey: Fewer Buyers Are Willing
To Wait
To Home Price
And Mortgage Rate Declines
Forecasters Expect 1%
GDP in Foreseeable Future
Apartment Rents Expected To Rise Up
To 4% Through 2025 Across Socal
What’s On The Horizon
For The SFR Market?
Home Prices Predicted to Fall
and New Listings to Rise in 2024
What the Recovery
Could Look Like Next Year
CRE Mortgage Delinquencies
Rise for Third Consecutive Quarter
West Coast Apartment Investors
Navigate
Choppy Market
and Regulatory Waters
Housing Market Predictions for 2024
Markets Aren’t Always
Right About Rate Cuts
The Twisty Turny
Future for Multifamily
California Rent 5% Off Peak As
Vacancies Hit 32-Month High
California Says Granny Flats
Can Be Sold as Separate Units
Big CRE Players Take Aim
At the Coming Distress
Congress Aims to Limit
Corporate Ownership of SFRs
Property Insurance Rate
Increases May Be Softening
UCLA Anderson Forecast: No Recession,
but Slower Economic Growth
Apartment Vacancy In State Reaches
32-Month High With Rents Declining
Orange County Multifamily
Report – October 2023

Orange County

8
Closed Sales Last Week
35
Closed Sales - Average Days on Market
$1,731,875
Closed Sales - Average Sales Price
2
Transactions Sold At or Above Asking Price
4
Financed Transactions Last Week
4
All Cash Transactions Last Week
6
2-4 Unit Transactions Last Week
2
5+ Unit Transactions Last Week
9
New Listings Last Week
6
Months of Inventory
179
Total Number of Active Listings
$643,330,531
Active Listings, Dollar Volume
5
Active Under Contract Last Week
0
Pending Listings Last Week
2
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com



Live MLS Link PDF Link


Southern California

2
Closed Sales Last Week
80
Closed Sales - Average Days on Market
$960,750
Closed Sales - Average Sales Price
1
Transactions Sold At or Above Asking Price
2
Financed Transactions Last Week
0
All Cash Transactions Last Week
2
2-4 Unit Transactions Last Week
0
5+ Unit Transactions Last Week
8
New Listings Last Week
10
Months of Inventory
129
Total Number of Active Listings
$370,682,485
Active Listings, Dollar Volume
0
Active Under Contract Last Week
0
Pending Listings Last Week
2
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com



Live MLS Link PDF Link