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This seems like a strange way to decide homes aren't being sold. Couldn't this just as easily be an indicator of people buying with loans rather than cash? In t

This seems like a strange way to decide homes aren't being sold. Couldn't this just as easily be an indicator of people buying with loans rather than cash? In the former case, it can take a long time to close the transaction (on the order of months -- especially if there's any back and forth on fixups or appraisals), and realtors aren't allowed to make it a 'SOLD' sign until that happens.

mikestew 3y ago
This seems like a strange way to decide homes aren't being sold. This comment is so HN. If you were expecting me to publish a full report with links to MLS data, you'll be sorely disappointed. It's just one dude running around the neighborhoods in his fancy underwear, making a mental note of the short little "home for sale->this way" signs at the corners over the course of a year. All I can tell you is, a year ago those signs disappeared in a few weeks. Now they take over a month or more to disappear. Full analysis will not be forthcoming. Make of it what you will, or make nothing of it at all and enjoy the rest of your day.
- bytefactory 3y ago
  Why....why were you running in your underwear?
  - mikestew 3y ago
    One can spend US$100 on some fancy Nike running shorts, but they're still just one step away from boxer underwear. And that shirt with the name of the last race you ran? Yeah, fancy t-shirt, i. e., underwear. IOW, I was being facetious. And a little self-denigrating, to make sure I don't take myself too seriously as an athlete.
    - bytefactory 3y ago
      > And that shirt with the name of the last race you ran? Yeah, fancy t-shirt, i. e., underwear. looks at Spartan race t-shirt from 2014 I use as my gym shirt No need to call me out like that!
- voiceblue 3y ago
  > "home for sale->this way" I see, that makes a bit more sense. I thought you were talking about the big signs on posts that are placed on the lots for sale, but if you were talking about those open house markers then it might be a better indicator of difficult sales. > This comment is so HN. I'm new to HN, so I don't know what you mean by this. Can you elaborate? I wasn't expecting you to post some kind of research, rather I was looking to figure out what I misunderstood, and it seems like that part was a success?
  - mikestew 3y ago
    ...so HN Oh, it's just that folks here can expect a lot when one posts an anecdote. Like how I didn't think all the way through the implications of what I saw, and did I consider...? "Dude, it's just a story." Not intended as an insult, and not quite a compliment, either. But it is one of the things I appreciate about HN most of the time. Take your typical "studies have shown..." post. I appreciate that folks with more experience in statistics and how studies work will post that "it might not be that bad, considering variable Y...", or "with that sample size?". It was just an off-hand comment, perhaps too much of an inside joke.
SkyPuncher 3y ago
Possibly, but it still be an indication of a change. My understanding is a lot of markets at a high amount of cash offers. Cash offers were more attractive since they didn’t tie the deal to financing the switch to financing based sales with indicate that deals are less competitive intern, that would likely indicate that less people are buying.

mikestew 3y ago

This seems like a strange way to decide homes aren't being sold. This comment is so HN. If you were expecting me to publish a full report with links to MLS data, you'll be sorely disappointed. It's just one dude running around the neighborhoods in his fancy underwear, making a mental note of the short little "home for sale->this way" signs at the corners over the course of a year. All I can tell you is, a year ago those signs disappeared in a few weeks. Now they take over a month or more to disappear. Full analysis will not be forthcoming. Make of it what you will, or make nothing of it at all and enjoy the rest of your day.

bytefactory 3y ago
Why....why were you running in your underwear?
- mikestew 3y ago
  One can spend US$100 on some fancy Nike running shorts, but they're still just one step away from boxer underwear. And that shirt with the name of the last race you ran? Yeah, fancy t-shirt, i. e., underwear. IOW, I was being facetious. And a little self-denigrating, to make sure I don't take myself too seriously as an athlete.
  - bytefactory 3y ago
    > And that shirt with the name of the last race you ran? Yeah, fancy t-shirt, i. e., underwear. looks at Spartan race t-shirt from 2014 I use as my gym shirt No need to call me out like that!
voiceblue 3y ago
> "home for sale->this way" I see, that makes a bit more sense. I thought you were talking about the big signs on posts that are placed on the lots for sale, but if you were talking about those open house markers then it might be a better indicator of difficult sales. > This comment is so HN. I'm new to HN, so I don't know what you mean by this. Can you elaborate? I wasn't expecting you to post some kind of research, rather I was looking to figure out what I misunderstood, and it seems like that part was a success?
- mikestew 3y ago
  ...so HN Oh, it's just that folks here can expect a lot when one posts an anecdote. Like how I didn't think all the way through the implications of what I saw, and did I consider...? "Dude, it's just a story." Not intended as an insult, and not quite a compliment, either. But it is one of the things I appreciate about HN most of the time. Take your typical "studies have shown..." post. I appreciate that folks with more experience in statistics and how studies work will post that "it might not be that bad, considering variable Y...", or "with that sample size?". It was just an off-hand comment, perhaps too much of an inside joke.

SkyPuncher 3y ago

Possibly, but it still be an indication of a change. My understanding is a lot of markets at a high amount of cash offers. Cash offers were more attractive since they didn’t tie the deal to financing the switch to financing based sales with indicate that deals are less competitive intern, that would likely indicate that less people are buying.