House Prices Fall in Nearly Half of US States!!!

[shaktimaan]

38 minutes ago, jalsa01 said:

enni yrs ki bro intrest?

30 y term 

[shaktimaan]

34 minutes ago, Konebhar6 said:

I was quoting him, did not validate. I checked them now - 

Online Mortgage calculator -

Price - $1.4M with 20% down,

Loan - $1.12M

Interest rate - 2.75%

Term - 30 yrs,

Monthly payment - $4,572.

Is your loan term 15yrs? Or did you include property taxes? Using same calculator it shows your EMI should be $2200.

mine includes tax, insurance and pmi

[SaradaChinnodu]

42 minutes ago, CaptainMaverick said:

next 10 years lo job podu ani evarina guarantee gaa cheppagalthaara?!!

Ee house buying kuda Tesla car buying oke laaga unnayi!! Some idiots also "invested" in Tesla cars during Pandemic...LOL!!

I know someone who did...at loss of 10-15k (depreciation + with musk Anna lowering prices)

[jalsa01]

1 hour ago, shaktimaan said:

30 y term 

Jackpot kottav poo

[TOM_BHAYYA]

Oka 20% aina padakapothe samanyudu konadam kastam ga undhi 

[lollilolli2020]

3 minutes ago, TOM_BHAYYA said:

Oka 20% aina padakapothe samanyudu konadam kastam ga undhi 

@Sonu_Patel kosame kada 

[lollilolli2020]

46 minutes ago, SaradaChinnodu said:

I know someone who did...at loss of 10-15k (depreciation + with musk Anna lowering prices)

neeku chala yaappy ga vundii kada 

[SaradaChinnodu]

7 hours ago, lollilolli2020 said:

neeku chala yaappy ga vundii kada 

no bro....I would just say we can learn from others mistakes..

[jpismahatma]

Waiting for trump tatha.

[Konebhar6]

18 hours ago, Sonu_Patel said:

ee new ma dallas ki applicable avadanna. endhanna.. ma dallas lo bids vesi maree kontunte.. 

same person multiple bids? 😂

[Aquaman]

17 minutes ago, jpismahatma said:

Waiting for trump tatha.

[Peddayana]

17 hours ago, CaptainMaverick said:

Mostly Desis anna....undedi H1 meeda...$$$ petti illu kontaaru edo Citizens ayinattu!!! All their jobs are just one bad quarter away!! Buying houses when interest rates were low or affordable...that was a different story...Many could buy houses with whatever amount they had been paying toward rent!!

Unless they have a GC or Citizenship, buying houses in this market is sheer stupidity. All control all your expenses to the maximum extent. 

eh okati meedha kooda multiple homes kona vallu chala mandi unnaru man, some of them have two incomes so okati pothe unkoti untundi ani kontunnaru

Single income tho konali ante, it should be affordable, interest rate pakkana pedithe , rent ki mortagage ki 500$ kante difference lekapothe konatame better, some cases it could even be 1k and you can still come out well 

agree that job loss ki prepared ga undali, min 9 months expenses anna undali to run home in cash

ee economy lo konali ante I would advise to pay less downpayment and make sure they don't go above and beyond for next 2 years

situation will be normal in 2-3 years and home prices and everything will rebound

risk lekapothe reward kooda undadu sometimes, can not fault one for trying but limitations ardam chesukoni pothe better

[papampasivadu]

14 hours ago, CanadianMalodu said:

Texas I think has much higher property taxes. Cheap cost of living makes people move there and buy a mortgage and then they keep paying about 2.5% property tax. Eendho ee pichi. By the time these people say if they  hold the property for 10 years would have on average paid about $150,000 property taxes. Not sure if property equity gained will be more than that adjusted for depreciation, maintenance costs and interest paid.  If there is a correction, people are likely to loose their down payment equity.

nenu vinnadhi enti ante certain counties in texas lo 3% property tax anta...

denemma 1 mil house konte 30k just property tax ke pothundi ga..add installments, insurance, extra premium (for ppl who paid less than 20% down), utilities, landscaping etc etc...tadisi mopudu ee....

[islander]

Ipudu kuda US lo 30 yrs ki fixed rates istunara? Okka US lo tappa ae country lo ledu anukunta 30 yrs ki same rate fix cheskodaniki..Max 5 years AFAIK

[Pencil_Rubber]

21 hours ago, Sucker said:

Is this only in Desi community all over ?? Maa FL lo alantivem vinaledhu ga anna peak time lo kuda. Yeah waiting list vunte corona time lo but ee bidding ante ? 

FL lo enduku ledu bro .... Weston and Pembroke Pines area lo demand inka alage vundhi ... last month oka open house ki 50 people vacharu .... 15 offers above asking price and they picked highest cash offer