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Distressed Real estate market - Great time to buy home


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Posted

Lots of price corrections happened this year.. 

Rented apartments lo undetollaki idi oka golden opportunity to buy home. 

2022 pricing levels vachesayi.. dont wait until next summer, market can pick up with lower interest rates. 

If you find something that excites you, go ahead and make a move. 

Last 2-3 years lo homes konnollu andaru crying as their home values depreciated and feeling jealous now. 

  • Upvote 1
Posted
51 minutes ago, Sonu_Patel said:

Lots of price corrections happened this year.. 

Rented apartments lo undetollaki idi oka golden opportunity to buy home. 

2022 pricing levels vachesayi.. dont wait until next summer, market can pick up with lower interest rates. 

If you find something that excites you, go ahead and make a move. 

Last 2-3 years lo homes konnollu andaru crying as their home values depreciated and feeling jealous now. 

niku telisindi chala takkuva anukunta dude ekkada taggale rates

  • Upvote 1
Posted
1 hour ago, Sonu_Patel said:

Lots of price corrections happened this year.. 

Rented apartments lo undetollaki idi oka golden opportunity to buy home. 

2022 pricing levels vachesayi.. dont wait until next summer, market can pick up with lower interest rates. 

If you find something that excites you, go ahead and make a move. 

Last 2-3 years lo homes konnollu andaru crying as their home values depreciated and feeling jealous now. 

Price corrections r real and happening everywhere...inflated h1b fomos vunna dallas lo thappa.

Posted
28 minutes ago, libraguy86 said:

niku telisindi chala takkuva anukunta dude ekkada taggale rates

Rates thagalle but lenders are giving good deals.

Posted
1 minute ago, psycontr said:

Rates thagalle but lenders are giving good deals.

true bro lenders manchi rates istharu but ee uncertainity tho nobody is coming fwd to get something ..tatha pippi teesthunnadu and we have uncertainty 

Posted
2 hours ago, Sonu_Patel said:

Lots of price corrections happened this year.. 

Rented apartments lo undetollaki idi oka golden opportunity to buy home. 

2022 pricing levels vachesayi.. dont wait until next summer, market can pick up with lower interest rates. 

If you find something that excites you, go ahead and make a move. 

Last 2-3 years lo homes konnollu andaru crying as their home values depreciated and feeling jealous now. 

I don’t see any major drop. Still high from my perspective 

Posted
42 minutes ago, citizenofIND said:

I don’t see any major drop. Still high from my perspective 

Ekkada chowdara, meeru chusthunnadi? 

Posted

udyogalu eppudu oodithayo telvadu ante ee time lo house planning aa? that too on h1b?

  • Upvote 2
Posted
6 hours ago, Sonu_Patel said:

Lots of price corrections happened this year.. 

Rented apartments lo undetollaki idi oka golden opportunity to buy home. 

2022 pricing levels vachesayi.. dont wait until next summer, market can pick up with lower interest rates. 

If you find something that excites you, go ahead and make a move. 

Last 2-3 years lo homes konnollu andaru crying as their home values depreciated and feeling jealous now. 

Bro AI will cause even more layoffs

Layoffs hit Amazon, UPS, Target, and more — what's fueling the cuts

Even perceived winners in the AI-fueled economy, like Meta, have recently announced workforce reductions.
 
Posted
5 hours ago, libraguy86 said:

niku telisindi chala takkuva anukunta dude ekkada taggale rates

People are not selling homes because they bought for higher than it's worth. Instead of selling for lower they are just not selling. 

Posted

next week ki job vuntado ledo teliyadu gani loan tiskoni illu konaali anta....M lo advice 

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  • Upvote 1
Posted
1 hour ago, 11MohanRedddy said:

People are not selling homes because they bought for higher than it's worth. Instead of selling for lower they are just not selling. 

They can only hold for some time. Also they cannot refinance to take advantage of lower rates as they have to pay the diffference of appraisal amount. 

Lets say they bought for 500k. Its current price is 400k. They had a loan of 400 (20%down), in order to refinance they need to pay another 80k (house assessed for 400k means they can get max loan for 320) .. In this market, not many people would be willing to do this.

This is the part that many miss. People who bought at market highs cant take advantage of lower rates. 

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