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Fact vs Fiction
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Fact 1:
The active inventory in OC is at its lowest level in May since tracking began in 2004.
Fact 2:
Fewer homeowners are coming onto the market, exacerbating the inventory crisis.
Fact 3:
Mortgage rates have reached a height and will slowly drop as the economy cools, instigating higher demand.
Fact 4:
The housing market is scorching, with the market time dropping to 39 days, its lowest level since May last year.
FICTION - NOT TRUE!
A real estate crash is coming!
Fact #5:
Todayβs housing market is on fire and will not change much anytime soon. There is no crash in sight!
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