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

Commercial Loan Closings Down 27% as 2022 Ends https://link.socalmultifamilybroker.com/CBma

Poll: When Will Financing and Transactions Pick Up the Pace? https://link.socalmultifamilybroker.com/CB-U

Is the Distress Here Yet? https://link.socalmultifamilybroker.com/CEjV

U.S. Foreclosure Activity Continues To Increase Annually For 21 Consecutive Months https://link.socalmultifamilybroker.com/CEjp

Ongoing Fed Rate Hikes Cause Little CRE Funding Change https://link.socalmultifamilybroker.com/CC6r

Markets are surging as fears about the economy fade. Why the optimists could be wrong https://link.socalmultifamilybroker.com/CC6u

Many Must Work Three, Four Minimum Wage Jobs to Afford an Apartment https://link.socalmultifamilybroker.com/CC6z

CMBS Bankruptcies Are an Aspect of Distress to Watch https://link.socalmultifamilybroker.com/CC7z

High interest rates stymie apartment investment https://link.socalmultifamilybroker.com/CEje

Here is Where You Will Find Distress in Multifamily https://link.socalmultifamilybroker.com/CCEO

Goldman Sachs makes a bold housing market call https://link.socalmultifamilybroker.com/CCml 

Powell Expects Housing Disinflation in Second Half of Year https://link.socalmultifamilybroker.com/CCmw

'We May Be At The Turning Point' For Rate Hikes, Inflation https://link.socalmultifamilybroker.com/CCm_

Los Angeles rents dip in January, Zumper report finds https://link.socalmultifamilybroker.com/CDQM

Fed Reports Tighter Standards and Weaker Demand for CRE Loans https://link.socalmultifamilybroker.com/CDVj

Half of Americans feel worse off financially, highest since 2009 https://link.socalmultifamilybroker.com/CEjR

Orange County

5
Closed Sales Last Week
41
Closed Sales - Average Days on Market
$2,057,000
Closed Sales - Average Sales Price
2
Transactions Sold At or Above Asking Price
2
Financed Transactions Last Week
3
All Cash Transactions Last Week
4
2-4 Unit Transactions Last Week
1
5+ Unit Transactions Last Week
7
New Listings Last Week
8
Months of Inventory
136
Total Number of Active Listings
$523,077,690
Active Listings, Dollar Volume
2
Active Under Contract Last Week
3
Pending Listings Last Week
1
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Absorption Rate: 6.21 months
Avg. Cap Rate: 4.47%
Avg. Gross Rent Multiplier: 14.88

Live MLS Link PDF Link


Southern California

6
Closed Sales Last Week
55
Closed Sales - Average Days on Market
$934,500
Closed Sales - Average Sales Price
1
Transactions Sold At or Above Asking Price
4
Financed Transactions Last Week
2
All Cash Transactions Last Week
6
2-4 Unit Transactions Last Week
0
5+ Unit Transactions Last Week
6
New Listings Last Week
17
Months of Inventory
88
Total Number of Active Listings
$210,680,737
Active Listings, Dollar Volume
3
Active Under Contract Last Week
3
Pending Listings Last Week
2
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Absorption Rate: 10.5 months
Avg. Cap Rate: 4.62%
Avg. Gross Rent Multiplier: 14.28

Live MLS Link PDF Link