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An inventory increase can tell different stories in different markets

Eric’s July 2024 update asks viewers to look beyond a national inventory headline. A rising listing count can look very different depending on the starting point and the location being measured.

By Eric Hamilton · Published October 7, 2026

Originally uploaded July 31, 2024 · 0:53 · Watch on YouTube

Written companion added October 7, 2026. Adapted from Eric’s video captions with source checks; not a word for word transcript. The recording retains its original date.

Ask what the percentage is compared with

The clip contrasts year over year growth with comparisons to 2018 and 2019. Both can provide context, but neither is the only valid comparison. A percentage increase from a very low starting point may still leave buyers with limited choices. Ask for the actual number of active homes as well as the change, and make sure the periods use consistent definitions.

Keep Illinois separate from the national total

Eric argues that the Illinois market looked different from the country as a whole at the time. That is the central reason not to apply a national statistic directly to one purchase. For a decision now, request information for the relevant neighborhood, property type and price range. This page does not repeat the recording’s percentages as current facts or independently verified historical data.

Avoid turning a pattern into a promise

The video suggests lower rates could lead to higher prices. That is a possible demand scenario, not a certainty. A household still needs to consider payment comfort, savings after closing and how long the home may fit its needs. Use the market report to understand negotiating conditions and available choices. Do not rely on guaranteed appreciation to make the purchase work.

Is a year over year inventory increase enough to call a market oversupplied?

Not by itself. The underlying count, demand and local context matter.

Should I only compare inventory with 2019?

No. Multiple consistent comparisons can help explain the market more fully.

Sources and scope

Adapted from captions of the video published 2024-07-31. Statements about rates, inventory, programs or events describe the original recording and are not a current quote or availability promise.

  1. CFPB: Consider whether it is the right time to buy Accessed October 6, 2026

General education, not a loan quote, approval or an individual recommendation. Ask the appropriate professional about your situation.

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