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

California Ranks No. 2 In Nation On The Renter-To-Owner Ratio Scale https://link.socalmultifamilybroker.com/EMTk

CRE Expects a Rate Hike Pause. Here’s What It Means https://link.socalmultifamilybroker.com/EMZ8

New Home Listings Down 25% From One Year Ago https://link.socalmultifamilybroker.com/EMat

Navigating the Costs of Office-to-Multifamily Conversions https://link.socalmultifamilybroker.com/EMcZ

Zillow: Home Values Up 1.4% In May https://link.socalmultifamilybroker.com/ENcb

CMBS Delinquency Rate Jumps 7 Percent in May https://link.socalmultifamilybroker.com/EObD

Westfield, Brookfield Handing Over Keys to San Francisco Centre https://link.socalmultifamilybroker.com/EObC

U.S. Housing Is A Dead Man Walking https://link.socalmultifamilybroker.com/EObG

Capital Markets Continue to Thwart CRE Professionals https://link.socalmultifamilybroker.com/EObI

Apartments Compete for New Renters Amid Burgeoning Supply https://link.socalmultifamilybroker.com/EObJ

Lumber Prices Should Emerge Relatively Unscathed From Canadian Wildfires https://link.socalmultifamilybroker.com/EOk9

High-Volatility CRE Loans Take a High-Speed Crash in Q1 https://link.socalmultifamilybroker.com/EOkD

The Case for a Soft Landing https://link.socalmultifamilybroker.com/EOkE

Mortgage Credit Availability Tightens Again https://link.socalmultifamilybroker.com/ER-s

Realtors’ Economist To Fed: Stop Raising Rates https://link.socalmultifamilybroker.com/ER-u

Multifamily Borrowers Face Further Scrutiny From Banks, GSEs https://link.socalmultifamilybroker.com/ER-x

CRE Is Dead. Long Live CRE https://link.socalmultifamilybroker.com/ER--

More Than 90% Of Homeowners Locked Into Sub-6% Mortgages https://link.socalmultifamilybroker.com/ESry

Expenses Rising Faster Than Revenues for Many Apartment Owners https://link.socalmultifamilybroker.com/ESsq

Prices Are Improving in Many Property Types https://link.socalmultifamilybroker.com/ESsu

U.S. Retail Sales Post Unexpected Gain in May https://link.socalmultifamilybroker.com/ESsy

Mortgage Application Activity Records An Uptick https://link.socalmultifamilybroker.com/ESs-

Orange County

12
Closed Sales Last Week
28
Closed Sales - Average Days on Market
$2,309,792
Closed Sales - Average Sales Price
1
Transactions Sold At or Above Asking Price
8
Financed Transactions Last Week
4
All Cash Transactions Last Week
11
2-4 Unit Transactions Last Week
1
5+ Unit Transactions Last Week
7
New Listings Last Week
6
Months of Inventory
168
Total Number of Active Listings
$641,269,852
Active Listings, Dollar Volume
3
Active Under Contract Last Week
3
Pending Listings Last Week
1
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Avg. Cap Rate: 4.42%
Avg. Gross Rent Multiplier: 14.88

Live MLS Link PDF Link


Southern California

8
Closed Sales Last Week
50
Closed Sales - Average Days on Market
$1,377,875
Closed Sales - Average Sales Price
4
Transactions Sold At or Above Asking Price
6
Financed Transactions Last Week
1
All Cash Transactions Last Week
7
2-4 Unit Transactions Last Week
1
5+ Unit Transactions Last Week
8
New Listings Last Week
7
Months of Inventory
102
Total Number of Active Listings
$277,939,504
Active Listings, Dollar Volume
4
Active Under Contract Last Week
2
Pending Listings Last Week
1
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Avg. Cap Rate: 4.63%
Avg. Gross Rent Multiplier: 14.29

Live MLS Link PDF Link