September 17, 2023 - September 23, 2023

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

Existing Home Sales In
2024? Fuggedaboutit!

Corporate Bankruptcies Increase and Are a Warning Sign

Second Quarter CRE Activity Down 50% Year Over Year

Green Street: “Broader Macro Conditions” Weigh on
CRE Investment Sales

60,000 Home Purchase Agreements
In August Were Canceled

Report: Multifamily Investments and Loan Originations Decline;
Expenses Increase

CRE Loan Extensions Rise Amid Uncertainty and Higher Rates

There is $436B of Multifamily
Debt That is Potentially Troubled

Multifamily Loans Loom
Large in Regional Bank Risk

Dry Powder Circles Multifamily Deals

Has 2023 Really Been
That Bad for CRE?

California Homebuying Pace Plunges 32% To A Record Low

Amid Market Plunge, Realtors Forecast Rising Prices, Sales In 2024

Distressed CRE Loans
Surge Nationwide

CRE Lenders Respond to
Uncertainty With Extensions

The Fed Pauses Rate Hikes. For Now

Multifamily Weighs In
on Another Rate Pause

Climate Insurance Bubble
In Danger Of Popping

The Possible Recession Is a Dueling Narratives Story

Where the Loan Modifications
Are Happening

Apartment Renters are Absorbing
the High Number of Units Coming
to Market

Existing Home Sales Drop While Prices Keep Rising

Analysis: Core Inflation and Implications for CRE


I can't believe it, but I finally released my new book.

"Insider Real Estate Secrets for Buying, Selling, and Investing in Real Estate!"

If you're thinking of making a move this year, you might want to check it out!

I've really worked hard to share very valuable strategies you can use to make (or save) over $100,000 with your next real estate transaction!

The book is divided into three sections depending on what your real estate goals may be:

Section One: How to Save Over 100k Buying an Apartment Building
Section Two: How to Make an Extra 100k Selling an Apartment Building
Section Three: How to Retire Early Investing in Real Estate

Get Instant Access: "Insider Real Estate Secrets for Buying, Selling, and Investing in Real Estate!"

Orange County

Live MLS Link PDF Link

Orange County Closed Sales - MikeLembeck.com

Avg. Cap Rate: 4.44%
Avg. Gross Rent Multiplier: 14.74
4
Closed Sales Last Week
38
Closed Sales - Average Days on Market
$2,660,500
Closed Sales - Average Sales Price
2
Transactions Sold At or Above Asking Price
3
Financed Transactions Last Week
1
All Cash Transactions Last Week
3
2-4 Unit Transactions Last Week
1
5+ Unit Transactions Last Week

13
New Listings Last Week
6
Months of Inventory
217
Total Number of Active Listings
$654,234,151
Active Listings, Dollar Volume
6
Active Under Contract Last Week
3
Pending Listings Last Week
0
Expired Listings Last Week

Southern California

Live MLS Link PDF Link

Southern California Closed Sales - MikeLembeck.com

Avg. Cap Rate: 4.63%
Avg. Gross Rent Multiplier: 14.19
3
Closed Sales Last Week
9
Closed Sales - Average Days on Market
$1,300,963
Closed Sales - Average Sales Price
2
Transactions Sold At or Above Asking Price
2
Financed Transactions Last Week
1
All Cash Transactions Last Week
3
2-4 Unit Transactions Last Week
0
5+ Unit Transactions Last Week

4
New Listings Last Week
6
Months of Inventory
116
Total Number of Active Listings
$293,064,098
Active Listings, Dollar Volume
1
Active Under Contract Last Week
3
Pending Listings Last Week
3
Expired Listings Last Week

<< Back


Comments

No comments.

Register here or Login here to be able to add comment.