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Sun Belt 'boomtown' cities—Denver, Austin, Seattle, and Orlando—have housing…
Brief
Nick Gerli (tweeted Apr 27, 2026) argues U.S. housing has split: Sun Belt 'boomtowns' such as Denver, Austin, Seattle, and Orlando show inventory up 30%+ from 2019 with falling prices, while New York, Chicago, Providence, and Hartford have inventory down over 50% with rising prices. He calls this a market flip and urges checking ZIP-level inventory at reventure.app/mobile.
Why it matters
Sun Belt 'boomtown' cities—Denver, Austin, Seattle, and Orlando—have housing inventory up +30% or more versus 2019 levels, and prices are now falling in those markets.
Key details
- New York, Chicago, Providence, and Hartford report inventory declines exceeding 50% versus 2019, producing an acute shortage where prices are still rising.
- Nick Gerli (tweeted 2026-04-27) says the market has 'flipped'—Sun Belt supply-driven declines, Northeast supply-constrained gains—and urges buyers/investors/sellers to check ZIP-level inventory at reventure.app/mobile.