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Home price reductions impact on the New home owners


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Posted
3 minutes ago, Sizzler said:

You will be anxious with price drops and happy with price going up but that won’t change what you are paying for the home if this is your primary residence. 10% dips are common during recession times. Hot markets are where the dips will be higher just like how they go boom when economy is good. 

 

he sill got a point of buying in a dip but it tough to time . Primary residency ki u dont need to think that much as long as u are within ur budget.. few folks are just jealous that  others bought and trying to find a way to satisfy their incompetency showing prices are going down.. Prices go down and go up it doesn't matter much unless u are in flipping business or u have any financial meltdown and sell .

Posted
1 hour ago, Sizzler said:

You will be anxious with price drops and happy with price going up but that won’t change what you are paying for the home if this is your primary residence. 10% dips are common during recession times. Hot markets are where the dips will be higher just like how they go boom when economy is good. 

 

Bold: The reason for this is "equity", whether realized or not is a different aspect. Which is still why it matters.

  • Upvote 1
Posted
21 hours ago, Sonu_Patel said:

what its ok anna.. you can show off buy buying tesla model Y with that amount. 

Ippudu model Y ante cheap ga chustunaru vuncle

Posted
11 hours ago, jpismahatma said:

Kotha illu konali ante where should we buy anna? North east lo untanu. 

Northeast ante ASSAM best anna...Manipur, Meghalaya kuda decent

bugga-prasadu-assam-train.gif

  • Haha 2
Posted
6 hours ago, har_D_ick said:

By the way evaro swathimutyam.. stess of home purchase ages your family anta.. inkem cheppali 

na real life example.. i bought a 25 acre ranch in Austin at peak time, i am very comfortable in paying mortgage and my plan was always exiting after 20 years.. Ippudu almost 20% down lo undhi but i dont really care because it will go up eventually.. should i have timed it and bought in dip ? i could but its tough to time

Ala ani i am not saying to buy what u cannot afford .. buy in ur limits and stay happy

25 acre ranch ah??? em chestaav anna antha space lo??

Ranch lo oka moola nalugu ganja mokkalu naatu anna, aa 20% easy ga recover aypoddhi.

Posted
1 hour ago, aratipandu said:

Northeast ante ASSAM best anna...Manipur, Meghalaya kuda decent

bugga-prasadu-assam-train.gif

This is question to RE expert @Sonu_Patel anna.

Posted
2 hours ago, aratipandu said:

25 acre ranch ah??? em chestaav anna antha space lo??

Ranch lo oka moola nalugu ganja mokkalu naatu anna, aa 20% easy ga recover aypoddhi.

hahaha.. good idea.. Texas lo lega aimappudu chedham pakka..

I bought it as investment property with plan to develop in future as a get away place 

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