I'm seeing homes in my neighborhood sit on the market for 3-4 months before drop... | Hacker News

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		duped 5 days ago \| parent \| context \| favorite \| on: High-income job losses are cooling housing demand I'm seeing homes in my neighborhood sit on the market for 3-4 months before dropping prices and finally selling, about 20-25% off the original listing.

burnt-resistor 4 days ago [–]

Houses here are sitting on and off for 6 months at a time without closing. The market has all of the energy of a banana slug.

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