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

CMBS Loan Defaults Expected to Increase in 2023 Following Two Years of Declines https://link.socalmultifamilybroker.com/EGXa

Automation Can Alleviate the Challenges of Eviction Management https://link.mikelembeck.com/EGSy

Inflation Causes Most Homeowners To Postpone Renovations, But They’re Not Planning To Move https://link.socalmultifamilybroker.com/EGaY

California Bill Expanding Rent Control Fails to Pass https://link.socalmultifamilybroker.com/EGbE

Affordability Gap Favors Renting as Apartment Absorption Rebounds https://link.socalmultifamilybroker.com/EGeF

A Closer Look at Property Prices' Downward Trajectory https://link.socalmultifamilybroker.com/EGef

Multifamily Debt Originations Drop Dramatically and the GSEs Aren't Filling in the Gap https://link.socalmultifamilybroker.com/EGjP

Tech Downturn Chills West Coast https://link.socalmultifamilybroker.com/EGtT

Fitch Ratings Downgrades REIT Sector To ‘Deteriorating’ https://link.socalmultifamilybroker.com/EGuR

Housing Market Going Into 'Very Frightening Time,' Investor Warns https://link.socalmultifamilybroker.com/EHwn

Economist’s View: Why the Old Rules May Not Apply Today in CRE https://link.socalmultifamilybroker.com/EHxH

CMBS Delinquency Jumps As Office Loans Go Bad https://link.socalmultifamilybroker.com/EI0e

Banks Tearing Off Band-Aid On Bad Office Loans https://link.socalmultifamilybroker.com/EI0n

Allstate Exits California Property Insurance Market https://link.socalmultifamilybroker.com/EI0p

Experts Analyze the Pandemic's Impact on CRE Companies https://link.socalmultifamilybroker.com/EI0r

Survey of Experts Says CRE Growth to Slow, Return Stronger but in 2025 https://link.socalmultifamilybroker.com/EI0s

CMBS Delinquency Rates Reach What Might Be the Beginning of the Great Slide https://link.socalmultifamilybroker.com/EI14

Crushing Property Insurance is Hurting Apartment Deals https://link.socalmultifamilybroker.com/EI17

Multifamily Borrowers Face Further Scrutiny From Banks, GSEs https://link.socalmultifamilybroker.com/EI18

Affordable Homeownership Strangled By Tighter Credit, Low Inventory https://link.socalmultifamilybroker.com/EI1S

Home Sales Plunge 41% Year-Over-Year In The Inland Empire https://link.mikelembeck.com/EIZF

Refinancing Could Be Disaster for Many Loans, Not Just Office https://link.socalmultifamilybroker.com/EJYI

Recession Coming, But Real Estate Has Reason For Optimism: CBRE https://link.socalmultifamilybroker.com/EJYm

Multifamily Rent Growth Continues to Decelerate https://link.socalmultifamilybroker.com/EKQM

Americans Believe A Recession Is Coming, But Are Optimistic About Their Finances https://link.socalmultifamilybroker.com/EKSB

Foreclosure Filings Up 14% From One Year Ago https://link.socalmultifamilybroker.com/EKig

Orange County

7
Closed Sales Last Week
98
Closed Sales - Average Days on Market
$2,136,429
Closed Sales - Average Sales Price
1
Transactions Sold At or Above Asking Price
6
Financed Transactions Last Week
1
All Cash Transactions Last Week
4
2-4 Unit Transactions Last Week
3
5+ Unit Transactions Last Week
7
New Listings Last Week
6
Months of Inventory
167
Total Number of Active Listings
$627,743,852
Active Listings, Dollar Volume
5
Active Under Contract Last Week
9
Pending Listings Last Week
2
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

7
Closed Sales Last Week
82
Closed Sales - Average Days on Market
$1,168,571
Closed Sales - Average Sales Price
4
Transactions Sold At or Above Asking Price
6
Financed Transactions Last Week
1
All Cash Transactions Last Week
6
2-4 Unit Transactions Last Week
1
5+ Unit Transactions Last Week
5
New Listings Last Week
7
Months of Inventory
97
Total Number of Active Listings
$284,914,504
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: 4.63%
Avg. Gross Rent Multiplier: 14.29

Live MLS Link PDF Link