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

Federal Agencies Issue Policy Statement on CRE Loan Workouts https://link.socalmultifamilybroker.com/Ei3s  

Typical Us Home Sells For Only $4,000 Less Than Record Price https://link.socalmultifamilybroker.com/EilD

LA Office Buildings Trade For 43% Less, Biggest Drop In The Country https://link.socalmultifamilybroker.com/EilH

Colliers: CRE Transactions May Be Beginning to Thaw https://link.socalmultifamilybroker.com/EilJ

Regulators Issue Final Rule on CRE Loan Modifications https://link.socalmultifamilybroker.com/EilN

Doomsday For Downtown LA’s Office Market https://link.socalmultifamilybroker.com/Ep5d

Multifamily Demand Continues Its Climb https://link.socalmultifamilybroker.com/EprX

'A Lot Of Fear': Rent Hikes Across The Country Mean Eviction Notices For Many Americans https://link.socalmultifamilybroker.com/Eprl

Financial Conditions Tightest in 15 Years, Fed Says https://link.socalmultifamilybroker.com/EptR

Real Estate Market Sentiment Improves https://link.socalmultifamilybroker.com/Eptd

The Yield Curves Are Still Inverted. Are We Having a Recession or Not? https://link.socalmultifamilybroker.com/Eqd1

Fed Minutes Show Battle of the Birds: Hawks Versus Doves https://link.socalmultifamilybroker.com/EqdQ

CMBS Delinquency Rate Highest Since End of 2021 https://link.socalmultifamilybroker.com/EqdW

"People Swimming In Debt": Record Number Of Car Buyers With $1,000 Payments https://link.socalmultifamilybroker.com/EsAP

Mortgage Rates Continue To Soar https://link.socalmultifamilybroker.com/EsDA

Rent Is Decreasing Nationwide: Here Is How California Cities Compare, Study Says https://link.socalmultifamilybroker.com/EsDU

Regulators Try to Head Off Liquidity Problems for CRE Funds https://link.socalmultifamilybroker.com/EsFK

The Four Archetypes of a Defaulting Tenant https://link.socalmultifamilybroker.com/EsFO

Redfin: Average Home Is Selling Above Its Asking Price Again https://link.socalmultifamilybroker.com/EsOT

So Cal’s Commercial Market Further Softened In Q1 2023 https://link.socalmultifamilybroker.com/EsOY

LA, Orange County Homebuying Slumps To 2nd-Slowest Sales On Record https://link.socalmultifamilybroker.com/Et3N

Orange County

8
Closed Sales Last Week
65
Closed Sales - Average Days on Market
$1,900,250
Closed Sales - Average Sales Price
2
Transactions Sold At or Above Asking Price
6
Financed Transactions Last Week
2
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
166
Total Number of Active Listings
$637,980,084
Active Listings, Dollar Volume
1
Active Under Contract Last Week
4
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

3
Closed Sales Last Week
90
Closed Sales - Average Days on Market
$886,667
Closed Sales - Average Sales Price
2
Transactions Sold At or Above Asking Price
3
Financed Transactions Last Week
0
All Cash Transactions Last Week
3
2-4 Unit Transactions Last Week
0
5+ Unit Transactions Last Week
7
New Listings Last Week
5
Months of Inventory
95
Total Number of Active Listings
$277,430,196
Active Listings, Dollar Volume
1
Active Under Contract Last Week
0
Pending Listings Last Week
2
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Avg. Cap Rate: 4.64%
Avg. Gross Rent Multiplier: 14.17

Live MLS Link PDF Link