These 3 housing markets—including Austin—just hit ‘significantly oversupplied’ lot inventory

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. During the Pandemic Housing Boom, we saw red-hot housing demand quickly absorb much of the available slack in the housing market. Back in 2021, active housing inventory for sale, unsold completed new builds, and available lot supply all plunged to historic lows. But ever since the Pandemic Housing Boom fizzled out in mid-2022, housing slack has slowly been building back up—especially in certain pockets of the Sun Belt (although, of course, there’s a lot of nuance, and Florida ...