Foothill Ranch Market Update ~ November 2023
The overview below shows real estate activity from January 2023 to October 2023. You will see data comparisons between October and the previous month, the…
Author: Tim Morissette
OC Housing Report
Is the Price Right?For sellers who initially do not price their homes carefully and must reduce down the road, they likely will net less upon closing. To walk…
OC Housing Report
Sluggish, Yet No Slide AheadWith sky-high rates and a collapse in home affordability, many wrongly conclude that there will be a wave of foreclosures and it is…
OC Housing Report
A Modest DecelerationAs rates have edged higher and higher this year, the housing market has been slowing down from its insane pace, and now homes are taking…
OC Housing Report
It’s a Cool, Cool SummerThe summer of 2023 has been characterized by a low inventory, homeowners unwilling to sell, low demand, and a low number of closed…
Home Seller’s Seminar
Join the Tim Morissette Real Estate Group on November 14th from 6-7:30pm or November 18th from 10-11:30am for our Seller's Seminar! DISCUSSION TOPICSReal Estate Trends: Is…
OC Housing Report
Rates Rise, Values SlipAs rates surge higher and affordability diminishes even more, smaller changes in market times shift the market in the buyer’s favor. An Expected Market Time…
OC Housing Report
Challenges of Supply SituationThe inventory was falling from year to year before the pandemic, but levels have grown more acute post-COVID with a lack of forced selling…
OC Housing Report
Lower Ranges Fading AwayThe lower, entry-level price ranges have been slowly disappearing with far fewer closed sales and homeowners choosing not to sell their homes. There…
OC Housing Report
It’s the Final Countdown!The window of opportunity to take advantage of the Summer Market, the second best time of the year for selling, will soon be coming…