New data from Zillow and Realtor.com are both reporting a massive surge in inventory across the US Housing Market - particularly in cities in Florida and Texas.

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This inventory surge is the prelude to price declines because it indicates more and more sellers, with fewer and fewer buyers. This is especially true across housing markets in Tampa, Sarasota, Lakeland, and Orlando, Florida - where homes for sale have absolutely exploded.

Moreover, many housing markets in Texas are looking very shaky. With inventory and homes for sale spiking in Dallas, Austin, as well as Houston. Be careful if you're buying in these areas.
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