New Home Owners with High Interest rates - Walk out

[manadonga]

Monna 10 days bavk vaddi rates taggagane almost inventory sagam kali ayyindi 

inly scrap or overpriced homes are left in market 

[usetime63]

30 minutes ago, bankris said:

House prices don't go up just like in India. Just understand land is not limited in USA..if prices go up in a region, real estate developers keep exxpanding the housing inventory.. People will not buy old houses when they get priced equal to new houses. It's a game. Don't compare real estate in India and USA and keep thinking prices will go up in future. 

Pandemic times were anomalies.

Leave the pandemic and compares homes from 2008 to 2019, you will get your answer. 

[ManchamKodi]

10 minutes ago, usetime63 said:

Leave the pandemic and compares homes from 2008 to 2019, you will get your answer. 

compared anna in dallaspuram

frisco lo 2008 to 2019 lo average house price 350k

2021 to 2024 800k

cc @Sonu_Patel

[Sonu_Patel]

1 hour ago, ManchamKodi said:

compared anna in dallaspuram

frisco lo 2008 to 2019 lo average house price 350k

2021 to 2024 800k

cc @Sonu_Patel

you got the answer anna.. there will be price reductions.. 

last 2 years lo konnolu.. bajana chesukovali valuations chusukoni. 

[ManchamKodi]

1 hour ago, Sonu_Patel said:

you got the answer anna.. there will be price reductions.. 

last 2 years lo konnolu.. bajana chesukovali valuations chusukoni. 

chepina vinnaru anna. 800k konnaru 2022 lo and 1.5 million aitundhi 3 or 4  years lo antunaru h1b buffalos. 

inkaa  frisco lo land ledu for new construction houses anta luckily I got one antunaru

[Dhevudu2]

Dallas Putnam frisco lo na bongu thaggayi! It’s difficult to get a decent home ! Most of the inventory homes are old homes

[Raja_Returns]

6 hours ago, Sonu_Patel said:

my friend trying to sell from last 5 months anna.. he moved to a different location because of schools and bought another house. 

now he is unable to sell and paying mortgage at 2 homes.. 

complaining not even a single offer as of today morning @ManchamKodi

me friend ki uchha agaleda

okati ammudu poka munde inkoka house enduku

konni dinalu rent house lo undaledu

rent house lo kapuram cheyaleda

 

[Original Profile]

asalu dip ekkada vundhi ra babu? na house estimate same vundhi from last 1-2 years....new house ayitey perigaayi thappa thaggatledu kondham ante. Where exactly are you seeing this?

[Pandubabu]

8 hours ago, Sonu_Patel said:

on the other side, there are 3.5% down payment home buyers who are ready with bags. 

there are very few 

[Sonu_Patel]

6 hours ago, Original Profile said:

asalu dip ekkada vundhi ra babu? na house estimate same vundhi from last 1-2 years....new house ayitey perigaayi thappa thaggatledu kondham ante. Where exactly are you seeing this?

ipudu baga incentives and low interest rates ki selling anna with high prices..

once some one get.. it will turn to old home and people will realize next year anna. 

[Alientech321]

Once housing prices have risen, only a severe recession can bring them down significantly. A house is a place where people live and is considered a real asset. It's typically the last thing people will try to liquidate.

Before predicting a crash in housing prices, it's important to consider whether there's an ongoing or impending recession.

People claiming that AI will replace jobs are mistaken; it still requires human intervention. In fact, more jobs are being created to manage AI.

Some People  has been bearish on the housing market for a long time, even as housing prices have risen by 50%. 

Listening to their opinion is akin to taking advice from someone who has never made any investments.

Never take advice from someone who never dipped a toe in it.

I am just a market Observer. 

 

 

 

 

[Telugodura456]

House prices wont go down. It is too disruptive., It will reduce income for municipalities, townships, schools etc.

Govt wont allow. Future growth in prices may reduce allowing wage increases to catch up - hopefully.