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There is currently a shortage of real estate for this tour, customer demand Merced County is the fastest-growing county in the state, but realtors say there are not enough homes for the growing population.

The California Department of Treasury recently released its reports, and Merced County has joined other larger counties such as Los Angeles and Fresno Counties.

Action News reporter Natalie Grande from North Valley tells us how more and more people are lobbying real estate agents. More and more people are calling Merced County their home, and just over 4,000 people are moving into the county.

Last year, the California Department of Finance said it was the fastest-growing county in the state, but the problem is that the housing market is struggling. Says they only have a dozen available for rent.

If a house has a good price, it quickly leaves the rental market and the housing market due to demand, again a normal market. On the real estate market, the supply of housing is approximately six months.

We are right: six means that prices have gone up, they have gone up by 20 percent. Kronik says this has a lot to do with the rise of UC Merced. In the city of Merced, about 1000 apartments are being built.

Meanwhile, county officials say they are working to meet the influx of people and businesses. We have many projects now, one of which is Watterson Expressway. Many tenants are out of place now because the owners decided they would go ahead and put their homes on the market for collection.




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