OC Apartment Vacancies Remain Among Nation’s Lowest Despite Uptick
Vacancies are currently sitting around 3.6%.

Ignore Soaring Federal Debt All You Want, But You’re Paying For It
Imagine being in so much credit card debt that the finance charges alone are the third-largest item in your monthly budget.

Apartment Asking Rents Highest In More Than a Year
The upturn in February 2024 is even more welcome when compared to the preceding February when asking rents hit a low point.

Jamie Dimon Wants the Fed to Delay Rate Cuts
He also puts the possibility of a US recession at 65%.

What Rent Slowdown? Tenants Find Little Relief From Sky-High Prices
Southern California apartments cost 15-31% more than before the pandemic, apartment trackers report.

See Where Rents Are Falling Or Rising In LA, Inland Empire And Orange County
Orange County apartment rents continue to go up after 13 straight years of year-over-year hikes

US Job Market Data Bolsters Fed's 'No Rush' Rate Cut View
Federal Reserve policymakers weighing when to start interest-rate cuts got fresh reasons on Friday to remain on standby, after a government report showed robust job growth in February.

NY Fed Survey Shows Increase in Long-Term Inflation Expectations
Consumers have little confidence that the Federal Reserve will meet its 2% target for inflation anytime soon.

Multifamily Investment Conditions On the Upswing
The Multifamily Apartment Investment Market Index  ended up higher for the full year 2023 -- even though it dropped in 4Q 2023.

A New Financing Risk Emerges
There’s no reason to think this might not happen again.

Fed Seen Likely to Hold Off on Rate Cut Following Feb. Inflation Report
Although further rate increases appear to be off the table for now, inflation levels above the Fed’s 2% target raise the question of when rate reductions will begin.

Sticky Inflation Reading Not Likely To Knock Fed Off Course For Rate Cuts
Some who follow the Fed closely said a June cut could still be on the table as inflation gradually comes down from its 2022 highs.

Inflation Ticked Up In February, Fueled By Housing Costs Rising Again
Despite the new inflation data, which came in slightly higher than economists' expectations, investors continue to price in interest rate cuts in the coming months.

Foreclosures Are Rising the Most in These States
The annual uptick in U.S. foreclosure activity hints at shifting dynamics within the housing market.

Janet Yellen Says Rates Will Be Higher for Longer
Also, some economists think the 2% inflation goal may be elusive.

Mortgage Rates Dip Below 7%, Loan Applications Jump
Virtually every indicator of activity rose from the previous week, after rates dropped from 7.02 percent to 6.84 percent.

UCLA Anderson Forecast: Restrained Growth but No Recession in 2024
The oft predicted but never seen ‘recession next quarter’ possibility has now faded.

Inland Sees Brighter Days Ahead for CRE 
Following two difficult years, the real estate price reset is anticipated to create opportunities. 

Multifamily Distress Posts 80-bp Increase
It was the largest monthly increase in that sector in more than 18 months. 

Lenders Wrestle With Extend and Pretend
Office is in particularly bad shape as some value losses exceed half and lenders lack the reserves to absorb losses.

Problem Loans: Tracking The Biggest Multifamily Delinquencies
Recent distressed transactions involve major players, including Greystar, UDR and Mill Creek.

$525B in Multifamily Loans Will Mature Through 2029, Reports Yardi Matrix
By the end of next year, loans on 6,800 properties totaling nearly $150 billion are set to mature

Inflation Is Still Hot and the Fed Isn’t Willing to Tame It
As inflation data comes in hotter than expected, markets are reassessing the outlook for rate cuts.  

Southern California Unemployment Hits 5.3%, Highest In 2 Years
7.9 million at work in January – down 127,200 in a month