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Distressed Real estate market - Great time to buy home


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Posted
3 hours ago, Konebhar6 said:

Prices are still very high. People got used to the high prices, so a small drop seems like a big cut. In CA, even a remote place like Tracy, 2500 SQ Ft is still 900k to 1 Million. These were 400-500 before COVID. 

Add H1B uncertainty, there are no buyers. Too much of inventory in the market. Lower interest rates will push a lot of people to list their homes (they downsize or upsize) .. I see another 15-20% drop min. 

Weekend NV homes new construction ki vellina uncle. They opened for first 45 homes.  1.3M base and lot premiums from 50k to 80k. 24 lots already sold in 3 weeks and left over they increased base to 1.36M. Paisa taggichatledu.. 100% desi buyers

  • Like 1
Posted

No way…ippudu konte kastane..innaallu okala cheppinippudu ilaa ante etta patel saaruu

 

Posted
6 hours ago, JiOne said:

Ekkada chowdara, meeru chusthunnadi? 

Doesn’t matter!

Posted

Seems everyone oppose Sonu uncle. Once he said don’t buy, now it’s time but still not agreeing with him. 

Posted
13 hours ago, citizenofIND said:

Seems everyone oppose Sonu uncle. Once he said don’t buy, now it’s time but still not agreeing with him. 

Thanks anna. you get best deals when there is uncertainity..

2020 lo there was so much uncertainity.. people who bought that time saw good appreciation. 

uncertainity unapudu when you negotiate you get good deals ani cheptunna.. 

Posted
22 hours ago, libraguy86 said:

niku telisindi chala takkuva anukunta dude ekkada taggale rates

baga reductions jaruguthunnayi atlanta and florida markets lo.. 

Posted
10 minutes ago, Sonu_Patel said:

Thanks anna. you get best deals when there is uncertainity..

2020 lo there was so much uncertainity.. people who bought that time saw good appreciation. 

uncertainity unapudu when you negotiate you get good deals ani cheptunna.. 

GC unte ok baa... but aa uncertainity lo H1 vaalu kottukopotaru

Posted
23 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. 

mari intha low knowledge tho ela unnav Anna 

Posted

North east Philly area aithe no daddy listening.

House in my community sold in a week multiple offers. Priced at 635k. Twin home adhi kuda 

Posted
2 minutes ago, jpismahatma said:

North east Philly area aithe no daddy listening.

House in my community sold in a week multiple offers. Priced at 635k. Twin home adhi kuda 

Which community uncle?

Posted
42 minutes ago, Pandubabu said:

mari intha low knowledge tho ela unnav Anna 

knowledge is divine anna.. 

Posted

America chowrastha anna 25k tagginchadu aina sale avvatledhu ffafam

Posted
58 minutes ago, Sonu_Patel said:

baga reductions jaruguthunnayi atlanta and florida markets lo.. 

naku telise my friends in GA/FL they said townhome is ~ 400k anta i was like OMG .. so chudali if everything is good all are settled then we can but now market is too volatile and cant predict anything so silent ga vundatam better. FL okadau 3 houses konnada 1.rented 2. living 3.rented again. but he is working from long time his wife got a job recently so ade pani minting minting $$$ . 

Posted
2 hours ago, libraguy86 said:

naku telise my friends in GA/FL they said townhome is ~ 400k anta i was like OMG .. so chudali if everything is good all are settled then we can but now market is too volatile and cant predict anything so silent ga vundatam better. FL okadau 3 houses konnada 1.rented 2. living 3.rented again. but he is working from long time his wife got a job recently so ade pani minting minting $$$ . 

some people are smart and take risks anna.. 

I am not telling people to take risk, if someone is looking for primary home for staying, it good time to start looking antunna 

because monthly rents elago pay cheyali ga.. affordable lo edaina dorikesthey lock chesukovadaniki idhi good time. 

  • Upvote 1
Posted
3 hours ago, Sonu_Patel said:

knowledge is divine anna.. 

Ade anna...nee wine is not old enough antunnadu saaru.

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