Austin lo Georgetown home value 150k padindi anta

[andhra_jp]

1 minute ago, andhra_jp said:

ivala SOS Global Indians FB Page loo okadi badha ela antunandu

 

Not SOS.
Hello everyone,
This is regarding home buying for first time .
We had brought a home for 585000$ in August . Closing is about to happen in Month of Feb.
However now prices have come down significantly around 80k difference .
While builder is not ready to negotiate and not offering any incentives .
Also they are asking to terminate if we want to negotiate.
In this , we will loose 20k intial deposit .Is it good to go ahead with hefty price or we terminate this contract and wait for right time when prices go down .
Please no judgmental comments . My husband brought this house aft 10years in US . And we had a dream to settle down with kids.
With single income , and 7.09% interest rate , what should be our ideal approach ?
Thanks .

 

 

Not a professional advise - lose the 20k! Austin is projected to lose another 10-15% even by conservative estimates in 2024! So that would be another 50-60k on your investment.

https://www.realtor.com/research/2024-national-housing-forecast/?fbclid=IwAR2lx5var_j90VNdh3OTDxtKbBa2TBnQtwsHPScHJJ4ihLDnW0OgVSkxudw

 

[Tellugodu]

On 11/30/2023 at 5:37 PM, tamuhardreturns said:

bought for 900k in 2022

now redfin value 720k

You house tisi @Sonu_Patel kadu kada ? 

[AnandaVivek]

Andaroo paddayi antaru..listing link pettu raa ante gayab ayipotharu!!! 
Enni choodaledhu ee Austin homes meedha widow crying threads