Sonu_Patel Posted March 14 Report Posted March 14 Since the summer is soon approaching.. many people who are holding to sell homes are listed in market. The volume of sales inventory has grown tremendously over the past few weeks. This summer will provide a clear outlook of the housing demand as Supply is significantly higher in suburb markets! Quote
paaparao Posted March 14 Report Posted March 14 sonu meeda ipudu evadu ekkaledu as you know almost all hot RE markets got corrected minimum 25%. last 3 years ga andaru vochi sonu ni troll chesthunna alasi pokunda fight chesina sonu ki hats off. 1 Quote
Sonu_Patel Posted March 14 Author Report Posted March 14 20 minutes ago, paaparao said: sonu meeda ipudu evadu ekkaledu as you know almost all hot RE markets got corrected minimum 25%. last 3 years ga andaru vochi sonu ni troll chesthunna alasi pokunda fight chesina sonu ki hats off. most people who bought last 2-3 years doing bidding are under water anna. Quote
kakatiya Posted March 14 Report Posted March 14 35 minutes ago, paaparao said: sonu meeda ipudu evadu ekkaledu as you know almost all hot RE markets got corrected minimum 25%. last 3 years ga andaru vochi sonu ni troll chesthunna alasi pokunda fight chesina sonu ki hats off. In which country ? Uganda ? Quote
sarfaroshi2 Posted March 14 Report Posted March 14 1 hour ago, Sonu_Patel said: Since the summer is soon approaching.. many people who are holding to sell homes are listed in market. The volume of sales inventory has grown tremendously over the past few weeks. This summer will provide a clear outlook of the housing demand as Supply is significantly higher in suburb markets! Post some new and price reduced homes in cumming,GA ra…elagu mee kitty party lo edustunaru kada. Quote
ErraBook_monagadu Posted March 14 Report Posted March 14 Tracy Builder price cut 25K every 2 weeks, still no selling Same houses sold over 900k in 2022. https://www.zillow.com/homedetails/5147-Wardlow-Ave-Tracy-CA-95377/443862498_zpid/ Quote
manadonga Posted March 14 Report Posted March 14 Texas lo main issue rental hones loki evaru ravatam ledu andaru own house konnaru Quote
paaparao Posted March 14 Report Posted March 14 32 minutes ago, kakatiya said: In which country ? Uganda ? Tampa -> Market cooled. minimum 15% correction. officially declared as buyers market. link. Dallas -> 25% correction minimu. Biggest loser in nationwide RE Market. Bay Area -> more homes on market, more choices now for buyers. minimum 10% correction going on in Q1 of 2025. lots of layoffs, . link. link1, link2, notice here: Apr-22 lo above $2M price unna single family homes now going for $1.7M price in Dec-24. Interest rates Dec-24 ki 6% unnayi. but now in Mar-24 lo 7% ki reach ayyayi. Quote
kakatiya Posted March 14 Report Posted March 14 15 minutes ago, paaparao said: Tampa -> Market cooled. minimum 15% correction. officially declared as buyers market. link. Dallas -> 25% correction minimu. Biggest loser in nationwide RE Market. Bay Area -> more homes on market, more choices now for buyers. minimum 10% correction going on in Q1 of 2025. lots of layoffs, . link. link1, link2, notice here: Apr-22 lo above $2M price unna single family homes now going for $1.7M price in Dec-24. Interest rates Dec-24 ki 6% unnayi. but now in Mar-24 lo 7% ki reach ayyayi. Give the charts for single family homes.. that used to be 450-550 k 6 years ago.. They no where reduced by 25%. Market is still hot.. cost of consturction items have increased.. thanks to tarrifs etc.. Quote
Konebhar6 Posted March 14 Report Posted March 14 17 minutes ago, kakatiya said: Give the charts for single family homes.. that used to be 450-550 k 6 years ago.. They no where reduced by 25%. Market is still hot.. cost of consturction items have increased.. thanks to tarrifs etc.. The comparison is from the Market top. Prices have fallen 25% or more in many places. They still need to correct a lot to reach pre-COVID prices. Quote
ARYA Posted March 14 Report Posted March 14 1 hour ago, ErraBook_monagadu said: Tracy Builder price cut 25K every 2 weeks, still no selling Same houses sold over 900k in 2022. https://www.zillow.com/homedetails/5147-Wardlow-Ave-Tracy-CA-95377/443862498_zpid/ yes these homes are around 800 now...opposite site PG&E vacheste penchestaru antunaru mari... Quote
kevinUsa Posted March 14 Report Posted March 14 1 hour ago, ErraBook_monagadu said: Tracy Builder price cut 25K every 2 weeks, still no selling Same houses sold over 900k in 2022. https://www.zillow.com/homedetails/5147-Wardlow-Ave-Tracy-CA-95377/443862498_zpid/ That house is not worth more than 500,000 Quote
ARYA Posted March 14 Report Posted March 14 10 minutes ago, kevinUsa said: That house is not worth more than 500,000 nuvvu canada lo kurchoni bay area prices worth antunnava anna... konchem rate lu taggite malli digutaru @csrcsr @Spartan @Anta Assamey lanti billionaires Quote
ErraBook_monagadu Posted March 14 Report Posted March 14 One or two bakras from other states buying in that area, their agents are deceiving them with false hopes of future appreciation. Except that no other buyers. I have no idea why someone pays $6-7K mortgage when rents are $3K and property prices going down. Each week inventory growing, sellers on the market growing anxious paying 6K-7K mortgage on a vacant property. Builder is reducing price on new homes + offering incentives. Literally fish market type competition between builder and other sellers. 1 Quote
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