{"version": "1.0", "type": "rich", "title": "These graphs suggest that East Bay houses sell for on average 700K in January and 900K in June. Why should this be? I can...", "author_name": "kontextmaschine", "author_url": "https://kontextmaschine.com", "provider_name": "kontextmaschine", "provider_url": "https://kontextmaschine.com", "url": "https://kontextmaschine.com/post/637616844804702208/", "html": "

rustingbridges:

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slatestarscratchpad:

These graphs suggest that East Bay houses sell for on average 700K in January and 900K in June.

Why should this be? I can understand some people have to move on very short notice, but if you have any other options, wouldn\u2019t you wait until January to buy a new house?

And why aren\u2019t there arbitrageurs who buy all the available houses in January and then sell them in June?

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rent seasonality makes sense to me, but housing price seasonality not so much. that is weird

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do stock options tend to vest in that quarter?

"}