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

Commercial Real Estate Debt Maturities: A Certainty. How Bad? It Depends https://link.socalmultifamilybroker.com/E6RB

More Than 2 In 5 Home Sellers Are Making Concessions To Buyers https://link.socalmultifamilybroker.com/E6RA

The Housing Market's Ice Age https://link.socalmultifamilybroker.com/E6RY

Ouch! Us Homeownership Rate At Lowest Level Since 1970 https://link.socalmultifamilybroker.com/E6Ra

Overall CMBS Defaults Slow But Maturity Defaults Rise https://link.socalmultifamilybroker.com/E8mw

When Will CRE Deals Rebound? https://link.socalmultifamilybroker.com/E8n0

Mortgage Delinquency Rate Crashes To A New Low https://link.socalmultifamilybroker.com/E8ye

FDIC Sales of CRE Bank Loans Bring Risk to Other Banks https://link.socalmultifamilybroker.com/E8zT

Credit Funds Eye a CRE Distressed Market https://link.socalmultifamilybroker.com/E8zl

Elon Musk Predicts Home Values Will Soon Be ‘Melting Down Fast’ https://link.socalmultifamilybroker.com/E92j

A Default Wave Is Building, Says Deutsche Bank. Here’s How Bad It May Get https://link.socalmultifamilybroker.com/E9bs

Single-Family Home Prices Turn the Corner with Two Months of Gains https://link.socalmultifamilybroker.com/E9dB

Banks Face Risk From CRE Loan Exposure https://link.socalmultifamilybroker.com/E9de

Landlords Urged to Embrace Flexibility in the Face of Bankruptcies https://link.socalmultifamilybroker.com/E9di

State Farm Ends Home Insurance Sales In California https://link.socalmultifamilybroker.com/E9fU

Green Street Finds Retail Sentiment ‘Overwhelmingly Positive’ https://link.socalmultifamilybroker.com/E9hS

Survey of Experts Says CRE Growth to Slow, Return Stronger but in 2025 https://link.socalmultifamilybroker.com/E9hV

Q1 Investor Home Purchases Plummet 49% Year-Over-Year https://link.socalmultifamilybroker.com/ECxA

A Break For Renters? California Considers Reining In High Security Deposits https://link.socalmultifamilybroker.com/ECyo

Have California Home Prices Hit Bottom? https://link.socalmultifamilybroker.com/ECyv

Mortgage Application Activity Continues To Decline https://link.socalmultifamilybroker.com/ECyx

CMBS Delinquency Rate Shoots Up To 14-Month High https://link.socalmultifamilybroker.com/EDHk

Multifamily Rents Rising But Not as Fast as They Should https://link.socalmultifamilybroker.com/EDIT

Homeownership Rate Drops to 53 Year Low https://link.socalmultifamilybroker.com/EDQt

Analyst Says Decline in Home Prices May Have Come to an End https://link.socalmultifamilybroker.com/EDQu

MBA: CRE Loan Delinquencies Rise for All Major Lender Groups https://link.socalmultifamilybroker.com/EEBd

New Survey Finds Too-High Levels Of Homebuyer Remorse https://link.socalmultifamilybroker.com/EEBe

Look Up, Folks, Because That’s Where Mortgage Rates Are Heading! https://link.socalmultifamilybroker.com/EEBh

Home Buyer Pessimism Bodes Well for Multifamily https://link.socalmultifamilybroker.com/EEBi

FHFA Moves Ahead With Biden Administration's Renter Rights Program https://link.socalmultifamilybroker.com/EED6

Orange County

8
Closed Sales Last Week
35
Closed Sales - Average Days on Market
$2,250,750
Closed Sales - Average Sales Price
2
Transactions Sold At or Above Asking Price
5
Financed Transactions Last Week
3
All Cash Transactions Last Week
8
2-4 Unit Transactions Last Week
0
5+ Unit Transactions Last Week
13
New Listings Last Week
6
Months of Inventory
171
Total Number of Active Listings
$628,354,852
Active Listings, Dollar Volume
7
Active Under Contract Last Week
2
Pending Listings Last Week
7
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

3
Closed Sales Last Week
28
Closed Sales - Average Days on Market
$2,141,667
Closed Sales - Average Sales Price
2
Transactions Sold At or Above Asking Price
2
Financed Transactions Last Week
1
All Cash Transactions Last Week
2
2-4 Unit Transactions Last Week
1
5+ Unit Transactions Last Week
6
New Listings Last Week
7
Months of Inventory
102
Total Number of Active Listings
$279,005,504
Active Listings, Dollar Volume
3
Active Under Contract Last Week
2
Pending Listings Last Week
4
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