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Peer pressure home buying


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Posted
7 hours ago, Sonu_Patel said:

ki dooramga undandi vayya.. 

recent home owners already burning cash every month with mortgage payments.

dont fall into "Athma Gouravam" and buy home which you cannot afford for monthly payments. 

 

OPT friends not listening anna.

Dallas lo brathakali ante Tesla and house undalisindhe antunaru .aathma gauram antunaru

cc @Konebhar6 @RPG_Reloaded @Assam_Bhayya toyotta and nissan cars owners

Posted
15 hours ago, ManchamKodi said:

OPT friends not listening anna.

Dallas lo brathakali ante Tesla and house undalisindhe antunaru .aathma gauram antunaru

cc @Konebhar6 @RPG_Reloaded @Assam_Bhayya toyotta and nissan cars owners

OPT friends ki Instagram and youtube lo housewarmings eedios chupinchi FOMO create chesaru anna..

bayatiki raleka pothunnaru papam. 

  • Upvote 1
Posted
22 hours ago, Sonu_Patel said:

ki dooramga undandi vayya.. 

recent home owners already burning cash every month with mortgage payments.

dont fall into "Athma Gouravam" and buy home which you cannot afford for monthly payments. 

 

Prices have gone down now, Nuvvu eppuudu konnamante appudu kondam ani Lungi madathapetkoni Kurchunam Bro...

Posted
1 hour ago, sarfaroshi2 said:

Prices have gone down now, Nuvvu eppuudu konnamante appudu kondam ani Lungi madathapetkoni Kurchunam Bro...

It will correct more this year anna.. 25% - 30% correction avtadi on pre-owned homes

new constructions already reducing prices and offering incentives...

builders are coming up with huge inventory .. so new constructions lo price reductions chala chestunnaru. 

Posted
On 1/14/2025 at 7:39 AM, Sonu_Patel said:

ki dooramga undandi vayya.. 

recent home owners already burning cash every month with mortgage payments.

dont fall into "Athma Gouravam" and buy home which you cannot afford for monthly payments. 

 

Blackrock has been a big buyer of homes in recent years and have stock piled with the intention to rent them. I have read somewhere that Blackrock has been selling crazily and wants to get out anticipating a crash. 

I tried to see if its credible information. Cant find. Any idea?

Posted
41 minutes ago, Konebhar6 said:

Blackrock has been a big buyer of homes in recent years and have stock piled with the intention to rent them. I have read somewhere that Blackrock has been selling crazily and wants to get out anticipating a crash. 

I tried to see if its credible information. Cant find. Any idea?

Another company INVH. They have acquired single family home worth more than 10billion in past 10 years. They are into rental business. 

Posted
56 minutes ago, Konebhar6 said:

Blackrock has been a big buyer of homes in recent years and have stock piled with the intention to rent them. I have read somewhere that Blackrock has been selling crazily and wants to get out anticipating a crash. 

I tried to see if its credible information. Cant find. Any idea?

tough to track anna.. they form multiple LLCs and buy properties wholesale and use local investment agencies. 

when they sell, it wont look like blackrock selling it.

only way to look up is by history of the property rentals and public records. 

 

  • Thanks 1
Posted
37 minutes ago, Hitman said:

Another company INVH. They have acquired single family home worth more than 10billion in past 10 years. They are into rental business. 

Invitation homes.. They are HUGE anna..

Market share baga undhi velladi

Posted
2 minutes ago, Sonu_Patel said:

Invitation homes.. They are HUGE anna..

Market share baga undhi velladi

Im not seeing any sign of dumping their inventory. (at least in South Florida) @Konebhar6 

Posted
3 hours ago, Sonu_Patel said:

It will correct more this year anna.. 25% - 30% correction avtadi on pre-owned homes

new constructions already reducing prices and offering incentives...

builders are coming up with huge inventory .. so new constructions lo price reductions chala chestunnaru. 

Endayyyaaaa idhiii 25-30% correction aa. Yee ooruu lo. Jobs unndaaala mingalaaa

Posted
21 minutes ago, travellerusa said:

Endayyyaaaa idhiii 25-30% correction aa. Yee ooruu lo. Jobs unndaaala mingalaaa

price corrections over 50K to 100K range lo jarugutunnai anna.. 

mana desi bakra gallu east or north facing konchem takkuva prices lo atleast kontunnaru 

but south and west facing homes ki no demand.. long time market lo undi price corrections avtunayi

Posted
12 minutes ago, Hitman said:

Don't listen to @Sonu_Patel. Bidding will be back soon with money flooding from Stock markets... 

with such high home prices and interest rates.. you are expecting bidding for whose benefit anna ?

already newly married couples new home afford cheyaleka .. show off ki dooramga untunnaru..

 

Posted
8 minutes ago, Sonu_Patel said:

with such high home prices and interest rates.. you are expecting bidding for whose benefit anna ?

already newly married couples new home afford cheyaleka .. show off ki dooramga untunnaru..

 

For the ones who need a house... 2025 will be good time. dont want to miss this slump.

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