This is unlikely since the housing market topped 5 years ago and may be actually coming out of the bottom finally (we won't know for a few more years)
Another possibility is that there are companies hiring "software developers" for jobs that most HNers wouldn't find interesting because the level of software development is low and hence has a lower waged associated with the value generated.
> This is unlikely since the housing market topped 5 years ago and may be actually coming out of the bottom finally
No, that's exactly my point. Hiring would be occurring now because the economy is recovering from the recession, but at corrected wages that do not reflect an artificially bloated cost of living in particular localities.
Another possibility is that there are companies hiring "software developers" for jobs that most HNers wouldn't find interesting because the level of software development is low and hence has a lower waged associated with the value generated.