Disclaimer: All information contained herein is obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only. We make no claim(s) as to the accuracy or reliability of the information presented. If you wish for us to analyze your specific property or situation please feel free to call or email us anytime.


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

U.S. Homeowners Have Lost $2.3 Trillion In Value Since June Peak https://link.socalmultifamilybroker.com/CTVM

Zombie Foreclosures Continue To Increase Across The Nation https://link.socalmultifamilybroker.com/CT_E

The Fed's Own Economists Are Ringing The Recession Alarm - And Warning Stocks And Real Estate Prices Could Tumble https://link.socalmultifamilybroker.com/CVN-

Will US Housing Crash The Economy? https://link.socalmultifamilybroker.com/CVO2

CRE Prices Could Fall 40% This Year in an Adverse Fed Planning Scenario https://link.socalmultifamilybroker.com/CVTf

The New Personal Income Report Is Another "Good News Means Higher Rates" Story https://link.socalmultifamilybroker.com/CVUU

Private Investors Are Frustrated by Current Multifamily Yields https://link.socalmultifamilybroker.com/CXjJ

Experts Keep Guessing at When the US Will See a Recession https://link.socalmultifamilybroker.com/CXkk

CRE Prices Slide at a Rate Not Seen Since 2010 https://link.socalmultifamilybroker.com/CXko

California Home-Price Drops Bigger Than U.S. Declines https://link.socalmultifamilybroker.com/CXtm

Southern California home sales fall to all-time low https://link.socalmultifamilybroker.com/CXt-  

Apartment Rents Down 3.5% Amid Huge Wave Of New Construction https://link.socalmultifamilybroker.com/CYWy

What if the Country Is Entering a New Economy Paradigm? https://link.socalmultifamilybroker.com/CYa_

2023 Could be Year Apartment Owners Compete for Renters https://link.socalmultifamilybroker.com/CYb1

Fed Sounds Concern On CRE Distress https://link.socalmultifamilybroker.com/CYf3

LaSalle sells OC office building at 55% loss https://link.socalmultifamilybroker.com/CZmw

Mortgage Lending Activity Slumps Across Country To Lowest Point In Nearly Nine Years https://link.socalmultifamilybroker.com/Ca5R

Orange County

5
Closed Sales Last Week
14
Closed Sales - Average Days on Market
14
Closed Sales - Average Sales Price
3
Transactions Sold At or Above Asking Price
2
Financed Transactions Last Week
3
All Cash Transactions Last Week
5
2-4 Unit Transactions Last Week
0
5+ Unit Transactions Last Week
10
New Listings Last Week
7
Months of Inventory
148
Total Number of Active Listings
$554,093,795
Active Listings, Dollar Volume
2
Active Under Contract Last Week
4
Pending Listings Last Week
6
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Avg. Cap Rate: 4.44%
Avg. Gross Rent Multiplier: 14.92

Live MLS Link PDF Link

Live MLS Link expires in 30 days after published


Long Beach

4
Closed Sales Last Week
62
Closed Sales - Average Days on Market
$1,277,500
Closed Sales - Average Sales Price
0
Transactions Sold At or Above Asking Price
3
Financed Transactions Last Week
1
All Cash Transactions Last Week
4
2-4 Unit Transactions Last Week
0
5+ Unit Transactions Last Week
4
New Listings Last Week
8
Months of Inventory
90
Total Number of Active Listings
$256,751,310
Active Listings, Dollar Volume
3
Active Under Contract Last Week
4
Pending Listings Last Week
4
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Avg. Cap Rate: 4.63%
Avg. Gross Rent Multiplier: 14.28

Live MLS Link PDF Link

Live MLS Link expires in 30 days after published


Los Angeles

53
Closed Sales Last Week
56
Closed Sales - Average Days on Market
$1,920,338
Closed Sales - Average Sales Price
14
Transactions Sold At or Above Asking Price
42
2-4 Unit Transactions Last Week
11
5+ Unit Transactions Last Week
133
New Listings Last Week
34
Months of Inventory
1,607
Total Number of Active Listings
$11,169,411,198
Active Listings, Dollar Volume
28
Active Under Contract Last Week
26
Pending Listings Last Week
80
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Avg. Cap Rate: 4.63%
Avg. Gross Rent Multiplier: 14.28

Live MLS Link PDF Link

Live MLS Link expires in 30 days after published


San Diego

10
Closed Sales Last Week
32
Closed Sales - Average Days on Market
$888,000
Closed Sales - Average Sales Price
3
Transactions Sold At or Above Asking Price
8
Financed Transactions Last Week
2
All Cash Transactions Last Week
10
2-4 Unit Transactions Last Week
0
5+ Unit Transactions Last Week
17
New Listings Last Week
14
Months of Inventory
130
Total Number of Active Listings
$103,999,145
Active Listings, Dollar Volume
0
Active Under Contract Last Week
13
Pending Listings Last Week
9
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Avg. Cap Rate: 4.66%
Avg. Gross Rent Multiplier: 14.4

Live MLS Link PDF Link

Live MLS Link expires in 30 days after published


Riverside

3
Closed Sales Last Week
48
Closed Sales - Average Days on Market
$653,333
Closed Sales - Average Sales Price
1
Transactions Sold At or Above Asking Price
3
Financed Transactions Last Week
0
All Cash Transactions Last Week
2
2-4 Unit Transactions Last Week
1
5+ Unit Transactions Last Week
8
New Listings Last Week
23
Months of Inventory
94
Total Number of Active Listings
$352,656,452
Active Listings, Dollar Volume
0
Active Under Contract Last Week
6
Pending Listings Last Week
2
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Avg. Cap Rate: 5.5%
Avg. Gross Rent Multiplier: 12.09

Live MLS Link PDF Link

Live MLS Link expires in 30 days after published


San Bernardino

5
Closed Sales Last Week
112
Closed Sales - Average Days on Market
$679,000
Closed Sales - Average Sales Price
1
Transactions Sold At or Above Asking Price
4
Financed Transactions Last Week
1
All Cash Transactions Last Week
3
2-4 Unit Transactions Last Week
2
5+ Unit Transactions Last Week
7
New Listings Last Week
21
Months of Inventory
107
Total Number of Active Listings
$244,298,951
Active Listings, Dollar Volume
1
Active Under Contract Last Week
6
Pending Listings Last Week
3
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Avg. Cap Rate: 6.4%
Avg. Gross Rent Multiplier: 9.55

Live MLS Link

Live MLS Link expires in 30 days after published