Q1 2023 Multifamily Market Update. Interest rates have doubled!

#RealEstateInvesting #longbeachcalifornia #multifamily #landlords

The real estate market is undergoing rapid changes, and the pace is accelerating. Interest rates have doubled! Are prices on the rise or plummeting? How many sales were recorded in Q1? What's the average price? Are investors still profiting? We provide answers to all your crucial questions and more.

In this Q1 2023 Multifamily Market Update, we will cover the following:

Long Beach multifamily market
Number of Sales
Average Sales Price
Average Days on Market
Active Inventory
Interest rates
Advice for real estate investors

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Juan is a Licensed California Real Estate Broker that has acquired his Certified Commercial Investment Member (CCIM) designation and a Real Estate Investor who is dedicated to helping people build wealth and financial independence through real estate investing.

Juan specializes in selling multifamily apartment units as well as residential properties. He prides himself in locating value-added properties that maximize the client’s investment yields. Juan is a detail-oriented entrepreneur.

Today he handles everything from finding, funding, designing, managing, and selling investment properties. His diverse experience in commercial and multifamily real estate allows him to develop and navigate a wide range of projects.

BRE 01417642​​​

www.SageREGroup.com

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