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

Los Angeles-Orange County Homebuying Plummets 44% To Record Low https://link.socalmultifamilybroker.com/BnvR

When the Fed’s no longer a friend https://link.socalmultifamilybroker.com/Bjeq

Good and Bad News About CMBS EOY Loan Performance Trends https://link.socalmultifamilybroker.com/BjfH

Expect New Home Listings for 2023 to Be 'Depressed Again' https://link.socalmultifamilybroker.com/BjgA

Mortgage Rates Rise Again and One Expert Thinks That'll Continue https://link.socalmultifamilybroker.com/BjgS

Fannie, Freddie Are Still Providing Attractive Terms. But Demand from Borrowers Has Fallen https://link.socalmultifamilybroker.com/Bjgd

Apartment Rent Growth Set to Keep Slowing This Year https://link.socalmultifamilybroker.com/BkUB

A third of California homeowners pay no mortgage https://link.socalmultifamilybroker.com/BkUX

What to Expect From the CRE Finance Markets This Year https://link.socalmultifamilybroker.com/Blma

SoCal home prices fall for sixth straight month https://link.socalmultifamilybroker.com/Blml

Expect Fed Rates to Exceed 5% in 2023 https://link.socalmultifamilybroker.com/Blqr

The Sticky Question of Whether Households Can Afford Today’s Sky-High Rents https://link.socalmultifamilybroker.com/BmuN

Slowing Rent Growth Pressuring Apartment Financing, Operations https://link.socalmultifamilybroker.com/Bmu_

Orange County

2
Closed Sales Last Week
58
Closed Sales - Average Days on Market
$1,415,000
Closed Sales - Average Sales Price
1
Transactions Sold At or Above Asking Price
1
Financed Transactions Last Week
1
All Cash Transactions Last Week
2
2-4 Unit Transactions Last Week
0
5+ Unit Transactions Last Week
15
New Listings Last Week
7
Months of Inventory
151
Total Number of Active Listings
$520,324,785
Active Listings, Dollar Volume
2
Active Under Contract Last Week
1
Pending Listings Last Week
0
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Absorption Rate: 6.29 months
Avg. Cap Rate: 4.47%
Avg. Gross Rent Multiplier: 14.88

Live MLS Link PDF Link


Southern California

2
Closed Sales Last Week
16
Closed Sales - Average Days on Market
$1,437,750
Closed Sales - Average Sales Price
1
Transactions Sold At or Above Asking Price
1
Financed Transactions Last Week
1
All Cash Transactions Last Week
1
2-4 Unit Transactions Last Week
1
5+ Unit Transactions Last Week
3
New Listings Last Week
10
Months of Inventory
87
Total Number of Active Listings
$219,972,286
Active Listings, Dollar Volume
0
Active Under Contract Last Week
1
Pending Listings Last Week
2
Expired Listings Last Week

Orange County Closed Sales - MikeLembeck.com


Absorption Rate: 7.25 months
Avg. Cap Rate: 4.63%
Avg. Gross Rent Multiplier: 14.28

Live MLS Link PDF Link