OC Housing Report

Still Waiting, No Offers

Although many sellers approach the housing market as if it is as hot as 2023 or early spring of this year, they quickly realize that it is not instant.  A surprising 54% of the active inventory has been on the market for at least a month.

For anyone going fishing for the first time, especially kids, there is a great deal of enthusiasm and wild expectations of reeling in a bucket full of fish. Upon arriving at the fishing hole and baiting the hook, it is time to fish. The line is cast out into the open water with a cheerful eagerness. The bobber floats in the water and only moves with the water current and does not bob, revealing that there is no fish on the line. The excitement drifts away as 20, 40, and 60 minutes pass, but still no fish. It seems as though time stops.

Sometimes, the fishing is excellent, and the bucket is filled with fish. There are other days when, after fishing for hours, only one is reeled onto the dock. And there are days when nothing is caught, not even a nibble, after trying every type of bait. A large part of fishing is seeing what others successfully use for bait and packing plenty of patience.

 

 

 

 

 

 

 

 

Excerpt taken from an article by Steven Thomas.

About the Author

Tim Morissette, also known in the community as Mr. Foothill Ranch, offers over 46 years of real estate experience which has given him an established reputation and unmatched market knowledge. He is joined by his wife, Michele and sons Matt and Jeff, as they continue to offer personal service with an emphasis on achieving his clients’ real estate goals.  This unique combination of traits has led to his proven track record of referral and repeat business. This can be witnessed by the trust of homeowners in Foothill Ranch where he has sold twice as many homes and represented three times more buyers than the next-leading real estate agent for the last 26 years.

As residents of Foothill Ranch since 1994, Tim and Michele are actively involved in the community by fundraising for Foothill Ranch Library, Make-a-Wish Foundation, Cancer Society, Homes for Habitat, Relay for Life, South County Outreach, and the local church and schools. Tim enjoys sponsoring community-wide garage sales, paper shredding and e-waste recycling event, an Easter egg hunt, & a Meet Santa Event.

Tim and Michele are dedicated to their family of four sons, daughter-in-laws, and grandchildren. As a family, they enjoy many outdoor activities which include camping, spearfishing, mountain climbing and exploring the miles of hiking and equestrian trails in Foothill Ranch and the Whiting Ranch Wilderness Park. Tim and his sons are also avid snowboarders and enjoy mountain biking and lobster diving. Family is a top priority in the Morissette household. They look forward to helping more families achieve their dreams of homeownership.