2024 Inventory levels in the Housing Market - On rise

[beerboy17]

45 minutes ago, sarvayogi said:

Is this right time to buy investment homes. I am sitting with 250k cash and can comfortably put 20-25% down on 3-4 investment homes in 350-450k range...

No not now.

[sarvayogi]

Just now, beerboy17 said:

No not now.

then when?

give reasoning also

[travellerusa]

53 minutes ago, sarvayogi said:

Is this right time to buy investment homes. I am sitting with 250k cash and can comfortably put 20-25% down on 3-4 investment homes in 350-450k range...

Go on tour 2 3-4 countries 

[Konebhar6]

12 hours ago, mettastar said:

Rents padipothunayi .. lot of new apartments construction going on .. so SFH investment kindha konna vallaki kastame

True. Plenty of house for rent in market. Inventory raising. Most of these are Investment homes or owners moving on to bigger homes. This might prompt them to put the house on market. Even if they got for lower interest rates, they have to pay mortgage. Lets see how it goes.

[sarvayogi]

7 minutes ago, Konebhar6 said:

True. Plenty of house for rent in market. Inventory raising. Most of these are Investment homes or owners moving on to bigger homes. This might prompt them to put the house on market. Even if they got for lower interest rates, they have to pay mortgage. Lets see how it goes.

which markets..Please elaborate

[Konebhar6]

4 minutes ago, sarvayogi said:

which markets..Please elaborate

San Ramon/Dublin/Pleasanton CA. Plenty of homes for rent.

[Konebhar6]

Just now, Konebhar6 said:

San Ramon/Dublin/Pleasanton CA. Plenty of homes for rent.

Another reason could be off market or off season. 

[sarvayogi]

10 minutes ago, Konebhar6 said:

San Ramon/Dublin/Pleasanton CA. Plenty of homes for rent.

Thats specifically CA problem. I look for properties all over US

[Konebhar6]

5 minutes ago, sarvayogi said:

Thats specifically CA problem. I look for properties all over US

umm... Rental homes in CA does not make sense. You get a shed for $1M. 

[perugu_vada]

9 hours ago, sarvayogi said:

But prices will again go up right when interest rates go south

Builders hadavidi kani .. max 1% kuda thaggadhemo .. dhanni encash cheskuni prices ni hike chestaru again 

[mettastar]

8 hours ago, Konebhar6 said:

San Ramon/Dublin/Pleasanton CA. Plenty of homes for rent.

Similar observation in Austin/Houston 

Apartments kuda under construction chaala unnayi

[mettastar]

U.S. offices are experiencing their highest vacancy rates in over 40 years. Simultaneously, 2023 saw apartment supply reaching a 36-year peak, a result of construction initiated during times of high occupancy rates and rent growth.

[Aquaman]

1 minute ago, mettastar said:

Similar observation in Austin/Houston 

Apartments kuda under construction chaala unnayi

r u from austin?

[mettastar]

https://www.realpage.com/analytics/december-2023-data-update/

[mettastar]

1 minute ago, Aquaman said:

r u from austin?

Yes/No vuncle