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Tracy hills bad investments


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Posted
4 minutes ago, ButtonMohanReddy said:

I’m also from Tracy Hills ba 

Ellis lo konna 2020 starting lo for 700k including all updates 

Next year ki prices return to 2020 level in this community because builder will build more and flood the market. Builder offer more incentives and people that can’t rent now will put them for sale next year

Posted
1 minute ago, ErraBook_monagadu said:

Next year ki prices return to 2020 level in this community because builder will build more and flood the market. Builder offer more incentives and people that can’t rent now will put them for sale next year

yes, new communities ite seller has to compete with builder

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Posted
9 minutes ago, Spartan said:

200w.gif?cid=6c09b9525kwaykl2zcgj4oyb21j

Applovin pumping chuduanna ekadninchi vastunayi anna anni paisalu a pe ratio valuation 700times in one year paisalu padestunaru   double double avutunayi manam estge padipothayi rofl

Posted
1 minute ago, csrcsr said:

Applovin pumping chuduanna ekadninchi vastunayi anna anni paisalu a pe ratio valuation 700times in one year paisalu padestunaru   double double avutunayi manam estge padipothayi rofl

put veyyali anna

Posted

Its okay . Most of them purchased in Tracy hills and around because they are completely priced out 50 miles from their work places. You cannot blame someone risking to buy a home rather than staying in apartment even after a decade with kids. Again, don't blame them for purchasing during the peak , it so coincided that most of them could afford or got money only during those times. It is very easy to say, don't buy during peak ( There is a reason why it is peak , because economy is great and everyone had money back then) .. A single earner living in a apartment for 10 years could for the first time think of buying house only during or post covid (Thanks to stocks and jobs paying well).  

  

Apart from few of those who bought it as investment, most of them are single earners living there. All the properties getting sold for less now are by these investment owners. Others who brought with meagre resources will hold on to them for long. They did not sacrifice for 4 hrs of commute just to sell at the first instance. When whole world is filled with ridiculous pompous house tours houses, it is cruel to blame someone buying a house for the first time and provide a decent house to his family. 

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Posted
Just now, ARYA said:

put veyyali anna

Oddu oddu the more you chase for down side adi peruguta untadi gundu gokistaru chepalemu time ravali correct position lo undali

Posted
2 minutes ago, csrcsr said:

Oddu oddu the more you chase for down side adi peruguta untadi gundu gokistaru chepalemu time ravali correct position lo undali

nuvvu undaga maaku evadu geestadu anna

  • Haha 1
Posted
17 minutes ago, csrcsr said:

Applovin pumping chuduanna ekadninchi vastunayi anna anni paisalu a pe ratio valuation 700times in one year paisalu padestunaru   double double avutunayi manam estge padipothayi rofl

em stock market o emo...block ayi unnai paisalu...konnitlo..

i think we will see more such valutations...behind the scene corporate gambling untadi..

dorkananta varaku andaru are good. e companies lo legal/ethical boards who track for insider trading undavanukunta even to report

small scale lo untadi kabatti.

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Posted

Its loss for Only people who bought it for investment purpose …

Posted
6 hours ago, ErraBook_monagadu said:

https://www.zillow.com/homedetails/5777-Tournament-Ct-Tracy-CA-95377/2063071241_zpid/
 

Purchased 900K in 2022

property taxes three years: 35K

selling charges 40K

Interest payments 100K

Listed for sale 830K

Expected sale price 750K-780K

 

Total loss more than 300K

Minimum 100K loss every year, not including money spent on customization, solar etc

 

R u Srikar Palepu?

  • Haha 1
Posted
1 hour ago, Chandan11 said:

Its okay . Most of them purchased in Tracy hills and around because they are completely priced out 50 miles from their work places. You cannot blame someone risking to buy a home rather than staying in apartment even after a decade with kids. Again, don't blame them for purchasing during the peak , it so coincided that most of them could afford or got money only during those times. It is very easy to say, don't buy during peak ( There is a reason why it is peak , because economy is great and everyone had money back then) .. A single earner living in a apartment for 10 years could for the first time think of buying house only during or post covid (Thanks to stocks and jobs paying well).  

  

Apart from few of those who bought it as investment, most of them are single earners living there. All the properties getting sold for less now are by these investment owners. Others who brought with meagre resources will hold on to them for long. They did not sacrifice for 4 hrs of commute just to sell at the first instance. When whole world is filled with ridiculous pompous house tours houses, it is cruel to blame someone buying a house for the first time and provide a decent house to his family. 

What is the talk in the community about falling market? What is the plan after rto? Home insurance did you see any cancellations or price increases recently? Weather, wind, heat, commute etc what’s your honest opinion?

Posted
7 minutes ago, ErraBook_monagadu said:

What is the talk in the community about falling market? What is the plan after rto? Home insurance did you see any cancellations or price increases recently? Weather, wind, heat, commute etc what’s your honest opinion?

ipudu padithe malli future la lesthadi kada..y worry

Posted

Endi lechedi. My castle, dream house ani reels, drone videos chesaru opening ceremonies. Reality loki vasthe telustundi.

 

Konni opening ceremony hungama more than Olympics, ipl opening ceremonies. MAGA batch ki chupinchali reels, drone shots

Posted
15 minutes ago, ErraBook_monagadu said:

Endi lechedi. My castle, dream house ani reels, drone videos chesaru opening ceremonies. Reality loki vasthe telustundi

if its their primary house.. dont think they ll regret.

Posted
16 minutes ago, ErraBook_monagadu said:

Endi lechedi. My castle, dream house ani reels, drone videos chesaru opening ceremonies. Reality loki vasthe telustundi

Tracy hills more new communities coming..this is just temporary..what abt river islands uncle? Akakda egabadi kontunnar inka

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