Texas and Florida see breathtaking inventory spike to 249,000 listings, highest in 7 years.

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1) The graph above points to how bifurcated the US Housing Market is right now.

Texas and Florida literally have 276% more inventory than the entire Northeast US, which comprises 9 states.

Prior to the pandemic these regions had the same amount of inventory.

— Nick Gerli (@nickgerli1) July 15, 2024

2) It's even crazier when viewing on a bar graph.

Texas/Florida have the most inventory of any region in the US.

Including: the rest of the South, West, Midwest and Northeast.

Texas and Florida alone account for 30% of the US' housing inventory today. pic.twitter.com/PkKNY0Px9J

— Nick Gerli (@nickgerli1) July 15, 2024

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