Thoughtful Money with Adam Taggart · Wednesday, July 8, 2026
Nick Gerli highlights the current bifurcated nature of the housing market, with some states experiencing declining prices and high inventory, while others still face housing shortages and rising prices. He points out that states like Florida, Texas, Tennessee, Georgia, Arizona, and Colorado currently have the most supply on the market since 2012. Gerli suggests it's becoming less useful to discuss the national housing market and more important to focus on local conditions.
“Yeah. I mean, if you're in a state like Florida, Texas, Tennessee, Georgia, Arizona, Colorado, as well as some other states, there's now the most supply on the market that we've seen since 2012 at the end of the last housing downturn.”
“Now, the thing to understand is that we are still in a bifurcated market, right? So while the states I just rattled off are seeing declining prices, lots of inventory, and opportunity to buy at huge discounts in some cases, other states are still seeing home prices go up.”
“And in some ways, it's almost kind of useless to talk about the national housing market. And of course, we will talk about the national housing market, but it really depends on what's going on in your city, in your backyard, whether you're seeing prices that are going up or whether you've seen prices that are going down, and whether there are actually buying opportunities in your area.”