areyentiraidhi Posted June 12, 2022 Report Share Posted June 12, 2022 4 minutes ago, Manishican said: Next 2 to 3 years lo konali anukunna vallu already konesaaru. Ippudu kone valla are the biggest vps Why ? I think people who plan to buy later this year or next year will have more inventory , more options and less bidding offers. Quote Link to comment Share on other sites More sharing options...
AnandaVivek Posted June 12, 2022 Report Share Posted June 12, 2022 15 minutes ago, areyentiraidhi said: Why ? I think people who plan to buy later this year or next year will have more inventory , more options and less bidding offers. We are in a inflation market..market prices are high .along with that interest rates are high..thats a bad combination…you can still buy at high prices..but dont waste ur money on interest macha Quote Link to comment Share on other sites More sharing options...
BommaliNinnodhala Posted June 12, 2022 Report Share Posted June 12, 2022 23 minutes ago, AnandaVivek said: We are in a inflation market..market prices are high .along with that interest rates are high..thats a bad combination…you can still buy at high prices..but dont waste ur money on interest macha Interest emundi vay — in couple of years refinance if you find a good deal — again buy only if there is a good reason— Quote Link to comment Share on other sites More sharing options...
Thokkalee Posted June 12, 2022 Report Share Posted June 12, 2022 Fear of recession causes the real recession as people don’t spend money on anything other than necessities… economy wise, not much changed in the last 2 months, but panic started.. Couple of my friends backed out of buying homes last week as they don’t think it is a good idea to buy now knowing that the prices are coming down.. Quote Link to comment Share on other sites More sharing options...
ismartganesh Posted June 12, 2022 Report Share Posted June 12, 2022 6 minutes ago, Thokkalee said: Fear of recession causes the real recession as people don’t spend money on anything other than necessities… economy wise, not much changed in the last 2 months, but panic started.. Couple of my friends backed out of buying homes last week as they don’t think it is a good idea to buy now knowing that the prices are coming down.. bad time to buy old used homes but still a good time to buy new construction homes. Quote Link to comment Share on other sites More sharing options...
Vaampire Posted June 12, 2022 Report Share Posted June 12, 2022 Just now, Thokkalee said: Fear of recession causes the real recession as people don’t spend money on anything other than necessities… economy wise, not much changed in the last 2 months, but panic started.. Couple of my friends backed out of buying homes last week as they don’t think it is a good idea to buy now knowing that the prices are coming down.. May be ur not following market and hence saying nothing changed. a lot changed in last 2 months. interest rates hiked up. stocks crashed. crypto kind of down. few companies went to hiring freeze. few companies announced that q2 results are going to be bad 1 Quote Link to comment Share on other sites More sharing options...
Ravi860 Posted June 12, 2022 Report Share Posted June 12, 2022 13 minutes ago, Thokkalee said: Fear of recession causes the real recession as people don’t spend money on anything other than necessities… economy wise, not much changed in the last 2 months, but panic started.. Couple of my friends backed out of buying homes last week as they don’t think it is a good idea to buy now knowing that the prices are coming down.. same and some are rushing to close and lock rate but construction slow ga chestunaru. Quote Link to comment Share on other sites More sharing options...
Swatkat Posted June 12, 2022 Report Share Posted June 12, 2022 4 hours ago, Mr Mirchi said: Na frnd dallas lo 575k petti konnaadu… now this is the price… Zestimate®: $1,210,500 zillow lo chusa ippude Point eh @AnandaVivek price alage chupistharu evadu bid eyademo. Kani last 4 months lo ammukunodu super. If i were him i would have sold for a million bucks and keep the cash to buy another home in the next 2-3 years after correction just like stocks/gambling Quote Link to comment Share on other sites More sharing options...
Swatkat Posted June 12, 2022 Report Share Posted June 12, 2022 Telsina friend mid 700s petti konadu townhome waste of money. Next two years lo depreciate idhi etu actual price 600k waste of money Quote Link to comment Share on other sites More sharing options...
Ravi860 Posted June 12, 2022 Report Share Posted June 12, 2022 1 hour ago, BommaliNinnodhala said: Interest emundi vay — in couple of years refinance if you find a good deal — again buy only if there is a good reason— Refinanace not that easy after two years of interest payments.. not to get one but to make that decision Quote Link to comment Share on other sites More sharing options...
Ravi860 Posted June 12, 2022 Report Share Posted June 12, 2022 2 minutes ago, Swatkat said: Telsina friend mid 700s petti konadu townhome waste of money. Next two years lo depreciate idhi etu actual price 600k waste of money 700 petti townhome aa Quote Link to comment Share on other sites More sharing options...
AnandaVivek Posted June 12, 2022 Report Share Posted June 12, 2022 Just now, Ravi860 said: Refinanace not that easy after two years of interest payments.. not to get one but to make that decision Exactly..last time interest rates are this high..they were in this range for 6 years…also when u are paying the mortgage rates every month, they take more interest from u at beginning years..so basically if u are paying at 5% for 5 years, u are paying a sht load of money in interest thats not going to your principal Quote Link to comment Share on other sites More sharing options...
AnandaVivek Posted June 12, 2022 Report Share Posted June 12, 2022 1 minute ago, AnandaVivek said: Exactly..last time interest rates are this high..they were in this range for 6 years…also when u are paying the mortgage every month, they take more interest from u at beginning years..so basically if u are paying at 5% for 5 years, u are paying a sht load of money in interest thats not going to your principal Thats why I don’t recommend buying home now for the next 2years atleast..rent a bigger house and be happy Quote Link to comment Share on other sites More sharing options...
Swatkat Posted June 12, 2022 Report Share Posted June 12, 2022 1 minute ago, Ravi860 said: 700 petti townhome aa Yes bro mid 700s 700 kuda kadhu. Waste of money. Thondarpaddaru 100k uogrades 640plus 100 Quote Link to comment Share on other sites More sharing options...
Ravi860 Posted June 12, 2022 Report Share Posted June 12, 2022 2 minutes ago, Swatkat said: Yes bro mid 700s 700 kuda kadhu. Waste of money. Thondarpaddaru 100k uogrades 640plus 100 Ea city? It’s crazy that much money on townhome Quote Link to comment Share on other sites More sharing options...
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