Re:3M to cut 2K jobs globally, lowers 2019 profit outlook
by cronix on Thursday April 25, 2019 @11:27AM
(#19749142)
Are you sure it's that and not because you've been trying to sell your house during the off-season? Most of my real-estate friends barely make any, if any, sales during fall-winter and make most sales in late spring or when kids are out of school for the summer.
[ Parent
| on HN ]
Re:3M to cut 2K jobs globally, lowers 2019 profit outlook
by jcadam on Thursday April 25, 2019 @02:45PM
(#19751272)
I put this sucker on the market in the fall (bad time, I know). I got a great job offer I couldn't refuse and had to move.
Unfortunately, I have yet to "realize" my new, higher salary because I'm paying double for housing until the old place sells. It's a nice house, not too old, large, pool, etc., in a good neighborhood but it's not getting many showings.
Re:3M to cut 2K jobs globally, lowers 2019 profit outlook
by cljs-js-eval on Thursday April 25, 2019 @04:03PM
(#19751980)
Is it in the suburbs? All my home-buying-age friends are moving into/near the city, the definition of "good neighborhood" has shifted a bit from years past.
Re:3M to cut 2K jobs globally, lowers 2019 profit outlook
by toomuchtodo on Saturday April 27, 2019 @11:14AM
(#19765925)
Have you lowered the price? A house properly priced will move in any market.
Re:3M to cut 2K jobs globally, lowers 2019 profit outlook
by jcadam on Sunday April 28, 2019 @09:20PM
(#19775068)
I listed it for exactly what it was listed for when I had bought it... about 7 months prior (and at that time it drew multiple offers within 2 weeks on market).
It really was an unexpected situation.
Re:3M to cut 2K jobs globally, lowers 2019 profit outlook
by toomuchtodo on Sunday April 28, 2019 @09:47PM
(#19775208)
Markets can change rapidly.
Re:3M to cut 2K jobs globally, lowers 2019 profit outlook
by tehlike on Thursday April 25, 2019 @02:22PM
(#19751057)
Off season is december. Now is more or less the good times.
Re:3M to cut 2K jobs globally, lowers 2019 profit outlook
by Buttons840 on Thursday April 25, 2019 @01:44PM
(#19750621)
Is it not late spring right now?
Re:3M to cut 2K jobs globally, lowers 2019 profit outlook
by elliotec on Thursday April 25, 2019 @02:07PM
(#19750891)
Late spring is late May-early June
Re:3M to cut 2K jobs globally, lowers 2019 profit outlook
by rco8786 on Thursday April 25, 2019 @01:59PM
(#19750800)
OP said 6 months. that's a long off-season.
Re:3M to cut 2K jobs globally, lowers 2019 profit outlook
by cronix on Thursday April 25, 2019 @02:49PM
(#19751306)
Yes, November 2018 - April 2019 is the prior 6 months. Not a lot of house selling going on usually. The majority of house sales are not within those months (at least in the US). A lot of it is regional (weather related) as well, but it's really mostly dictated by the school year. Most parents try to avoid moving their kids to a new school mid-year if they can help it and wait until school gets out to move.
Re:3M to cut 2K jobs globally, lowers 2019 profit outlook
by rco8786 on Friday April 26, 2019 @09:16AM
(#19757081)
I feel like you're trying to say that house sales just stop, or come close to it, during this time. When the reality is it's more like a few % points drop in volume. If it took OP an extra week or three sell? Sure. But 6 months? Something else is wrong.