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

Transaction Volumes Hit the Wall in All Property Types Last Month https://link.socalmultifamilybroker.com/Cw20

Commercial Property Pricing Declines Steepen in February, Led by Apartments https://link.socalmultifamilybroker.com/Cwfu

Extension of Rent Protections Fails in Los Angeles County https://link.socalmultifamilybroker.com/Cwfw

Green Street Still Expects a Soft Landing for CRE https://link.socalmultifamilybroker.com/Cwfv

The Delinquencies and Distress Are Here https://link.socalmultifamilybroker.com/Cwfz  

CRE Sizes Up Fed’s Latest Rate Hike https://link.socalmultifamilybroker.com/Cw23

The CRE Implications of UBS' Takeover of Credit Suisse https://link.socalmultifamilybroker.com/CtGJ

Real Estate Investors Brace For A Liquidity Squeeze Amid Bank Sector Turmoil https://link.socalmultifamilybroker.com/Cwg2

Close To 190 Banks Could Face Silicon Valley Bank's Fate, According To A New Study https://link.socalmultifamilybroker.com/CtL0

Monetary Tightening Could Shutter 186 Banks Says Study https://link.socalmultifamilybroker.com/Ctmn 

Anticipating the Debt Maturity Onslaught https://link.socalmultifamilybroker.com/CtL1

Big Banks Worry About New Regulations Impacting Regional Bank Lending https://link.socalmultifamilybroker.com/CtL3

Midsize Banks Plead For Unlimited FDIC Backstop For Two Years https://link.socalmultifamilybroker.com/CtL6

Cash-Strapped Banks Have Borrowed $300bn From The Fed This Past Week https://link.socalmultifamilybroker.com/CtL5

Real Estate Roundtable Calls for a CRE Troubled Debt Restructuring Program https://link.socalmultifamilybroker.com/Ctvj

Apartments Are Facing Five Headwinds and Benefiting From Three Tailwinds This Year https://link.socalmultifamilybroker.com/Ctv0

Blackstone Stops Making Payments on $325M Las Vegas Office Loan https://link.socalmultifamilybroker.com/CtvW

Wild Swings In Interest Rates Are Making Sellers Hesitate To List Their Homes https://link.socalmultifamilybroker.com/CuFu

The ‘Sandwich Generation’ Is Racking Up An Average Of $7,000 On Their Credit Cards As The Americans' Total Balances Spike To $930 Billion https://link.socalmultifamilybroker.com/CuGK

What the UBS-Credit Suisse Deal Means for CRE https://link.socalmultifamilybroker.com/CvEq

Bank Jitters Could Cause a Real Estate Bond Mess https://link.socalmultifamilybroker.com/CvEt  

CRE Asset Managers Take Hits on Credit Suisse Bond Wipeout https://link.socalmultifamilybroker.com/CvEv

It’s Official: LA Office Sales Have Plummeted https://link.socalmultifamilybroker.com/Cv-E

Analysis: The Fed’s Slowdown Provides Breathing Room to a Market That Needs It https://link.socalmultifamilybroker.com/Cw1w

California Home Prices Plunge 18% in 10 Months https://link.socalmultifamilybroker.com/Cw1y

Orange County

5
Closed Sales Last Week
114
Closed Sales - Average Days on Market
$1,401,500
Closed Sales - Average Sales Price
2
Transactions Sold At or Above Asking Price
3
Financed Transactions Last Week
2
All Cash Transactions Last Week
5
2-4 Unit Transactions Last Week
0
5+ Unit Transactions Last Week
14
New Listings Last Week
8
Months of Inventory
163
Total Number of Active Listings
$562,524,796
Active Listings, Dollar Volume
4
Active Under Contract Last Week
2
Pending Listings Last Week
2
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
124
Closed Sales - Average Days on Market
$1,130,750
Closed Sales - Average Sales Price
1
Transactions Sold At or Above Asking Price
4
Financed Transactions Last Week
0
All Cash Transactions Last Week
3
2-4 Unit Transactions Last Week
1
5+ Unit Transactions Last Week
8
New Listings Last Week
8
Months of Inventory
100
Total Number of Active Listings
$253,167,410
Active Listings, Dollar Volume
2
Active Under Contract Last Week
3
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

48
Closed Sales Last Week
51
Closed Sales - Average Days on Market
$3,282,485
Closed Sales - Average Sales Price
23
Transactions Sold At or Above Asking Price
33
2-4 Unit Transactions Last Week
15
5+ Unit Transactions Last Week
87
New Listings Last Week
34
Months of Inventory
1,664
Total Number of Active Listings
$11,256,069,698
Active Listings, Dollar Volume
27
Active Under Contract Last Week
30
Pending Listings Last Week
44
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
62
Closed Sales - Average Days on Market
$1,207,030
Closed Sales - Average Sales Price
1
Transactions Sold At or Above Asking Price
9
Financed Transactions Last Week
1
All Cash Transactions Last Week
10
2-4 Unit Transactions Last Week
0
5+ Unit Transactions Last Week
14
New Listings Last Week
16
Months of Inventory
138
Total Number of Active Listings
$111,791,845
Active Listings, Dollar Volume
0
Active Under Contract Last Week
12
Pending Listings Last Week
10
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

5
Closed Sales Last Week
12
Closed Sales - Average Days on Market
$1,424,490
Closed Sales - Average Sales Price
2
Transactions Sold At or Above Asking Price
3
Financed Transactions Last Week
2
All Cash Transactions Last Week
3
2-4 Unit Transactions Last Week
2
5+ Unit Transactions Last Week
7
New Listings Last Week
23
Months of Inventory
90
Total Number of Active Listings
$370,559,453
Active Listings, Dollar Volume
0
Active Under Contract Last Week
4
Pending Listings Last Week
3
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

4
Closed Sales Last Week
50
Closed Sales - Average Days on Market
$536,250
Closed Sales - Average Sales Price
2
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
9
New Listings Last Week
23
Months of Inventory
112
Total Number of Active Listings
$254,706,950
Active Listings, Dollar Volume
6
Active Under Contract Last Week
9
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 PDF Link

Live MLS Link expires in 30 days after published