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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


Southern California

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