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Future of housing market in my opinion.


veerigadu
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28 minutes ago, Pandubabu said:

Jeevitham ante kompa okkate kadhu . Banian lungi kattukoni, backyard lo plants veskone  fantasy lo ne unnaru mana janalu..

Yes we want those backyard karivepaku chettu videos 

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11 hours ago, veerigadu said:

Interest rates valla buying will slow down.

Also, Summer lo nice weather valla construction kuda konchem peruguthadhi. Overll ga less buying and more construction will add up to increased inventory. 

Atleast this bidding craze will go down and homes prices will cool off a bit in next 6 months. 

 

PS I'm no expert. So dont quote me on this. I have a mediocre brain which does not attend kitty parties or suffer from FOMO syndrome. Thats it. 

😁

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33 minutes ago, mirchi_bajji said:

new ventures ki prices reasonable ga pedithe kani ...no chance of a good deal

Wait for the correction and hope it happens

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12 hours ago, testuser123 said:

Edo thop laga telling adi andharu opinion. It cannot go up all the time

Sorry bro. Em cheppaloo em cheppadhooo list pampisthe will follow 

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On 4/18/2022 at 11:49 AM, veerigadu said:

Interest rates valla buying will slow down.

Also, Summer lo nice weather valla construction kuda konchem peruguthadhi. Overll ga less buying and more construction will add up to increased inventory. 

Atleast this bidding craze will go down and homes prices will cool off a bit in next 6 months. 

 

PS I'm no expert. So dont quote me on this. I have a mediocre brain which does not attend kitty parties or suffer from FOMO syndrome. Thats it. 

my take 

now buying houses is a trend(more people buying because of peer pressure), even though interest rate goes up......as long as supply is low(which will be, because of the global crisis), price will not come down that easy and there is inflation around the corner 

the longer you wait, more you are screwing up.......atleast now your monthly payment are lil low......but later you are paying top dollar at the highest interest..imo 

 

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2 minutes ago, kasi said:

my take 

now buying houses is a trend(more people buying because of peer pressure), even though interest rate goes up......as long as supply is low(which will be, because of the global crisis), price will not come down that easy and there is inflation around the corner 

the longer you wait, more you are screwing up.......atleast now your monthly payment are lil low......but later you are paying top dollar at the highest interest..imo 

 

Interest rates are already top man. They may go further higher too. Inflation will come down as interest rates climb up.

atleast as per observation, housing market is cooling down. Atleast in bay area. This home is in market for 20 days. There are 2 more homes in market for more 15 days in dublin/ca…. Seeing this trend after long time. Last 2 years max 1-2 weeks lo pending vellayi homes. 
 

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5 minutes ago, Vaampire said:

Interest rates are already top man. They may go further higher too. Inflation will come down as interest rates climb up.

atleast as per observation, housing market is cooling down. Atleast in bay area. This home is in market for 20 days. There are 2 more homes in market for more 15 days in dublin/ca…. Seeing this trend after long time. Last 2 years max 1-2 weeks lo pending vellayi homes. 
 

thanks for the info man.....very valid data points

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Whoever couldn’t buy a house in this market wants the housing market to crash so that they can finally buy a house… or laugh at people who bought at high prices.. 

whoever managed to buy a house already for low interest rates,  wants the market to further go up so that their home prices will go up too… 

ee madhya sign chesi inka closing cheyyanivallu matram enduku konnaamaa, mortgage payments ela pay cheyyaalaa ani feel avtunnaru… they are screwed if they are priced out.. 

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@Vaampire do you think getting funds from India is good idea now ? I have deposits, I am loosing $$ with conversion back to here, also day by day loosing money value sitting in indian bank.. I am thinking I rather Invest here..there is always issue investing in indian properties and getting back money. I would take loss now close to $10K.. any suggestions..

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22 minutes ago, chicagoafdb said:

@Vaampire do you think getting funds from India is good idea now ? I have deposits, I am loosing $$ with conversion back to here, also day by day loosing money value sitting in indian bank.. I am thinking I rather Invest here..there is always issue investing in indian properties and getting back money. I would take loss now close to $10K.. any suggestions..

I dont know man. Ikkada dentlo invest cheddam anukuntunav? India lo invest chesava emaina?

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31 minutes ago, Thokkalee said:

Whoever couldn’t buy a house in this market wants the housing market to crash so that they can finally buy a house… or laugh at people who bought at high prices.. 

whoever managed to buy a house already for low interest rates,  wants the market to further go up so that their home prices will go up too… 

ee madhya sign chesi inka closing cheyyanivallu matram enduku konnaamaa, mortgage payments ela pay cheyyaalaa ani feel avtunnaru… they are screwed if they are priced out.. 

it dont matter who thinks what.....things will be visually evident in the next couple of months....

i think this disco is about future buyers to time the purchase 

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14 minutes ago, Vaampire said:

I dont know man. Ikkada dentlo invest cheddam anukuntunav? India lo invest chesava emaina?

no, India lo sitting at FD's. plan to bring back money here.. not decided where to invest, but either buy home or stocks if hits recession..

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On 4/18/2022 at 10:49 AM, veerigadu said:

Interest rates valla buying will slow down.

Also, Summer lo nice weather valla construction kuda konchem peruguthadhi. Overll ga less buying and more construction will add up to increased inventory. 

Atleast this bidding craze will go down and homes prices will cool off a bit in next 6 months. 

 

PS I'm no expert. So dont quote me on this. I have a mediocre brain which does not attend kitty parties or suffer from FOMO syndrome. Thats it. 

unless people are losing jobs housing market wont go down . supply of new homes is still very low to meet demand . 

 

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