Big Geographic Component to this Crash. Entire Western Half of America is getting slammed with Inventory. Southeast starting to get hit, too. 🟡
But, amazingly, Midwest and Northeast is still tight. Inventory down YoY in states like NY, VT, and IL. 🔵 pic.twitter.com/K4sxsGYKE7
— Nick Gerli (@nickgerli1) September 2, 2022
Austin, TX too. Austin will break its 6-Year Inventory record next month. pic.twitter.com/L7S7SYMqhU
— Nick Gerli (@nickgerli1) September 2, 2022
This data comes from https://t.co/T5AunQYjfL. They have a great database on Inventory that comes out each month. Here's the link: https://t.co/KfJP3C3Y7H@RDC_Economics
— Nick Gerli (@nickgerli1) September 2, 2022
h/t Dan