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Distressed Real estate market - Great time to buy home


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Posted
1 hour ago, AmayakapuAndhagadu said:

H1b meda single income below 120k salary vallu home purchase ki duranga undandi 

Situation too bad

bayata market lo janalu gattiga unaru 

1 job ki minimum 1k applications.

 

starter home enter avvochu anna.. if they find something with monthly payment equal to apartment rent. 

Posted
1 hour ago, citizenofIND said:

How you find all this or just random pick? Or it’s from ur circle?

There are lot of deals in market anna.. anduke lock cheskondi ani cheptunna..

next summer lo malli bids antaru

Posted
1 minute ago, Gorantlamdhav said:

I have a pen I wanted to sell for $100 last year 

now I am selling for $50

its actual worth $2

since you are getting 50% discount its super deal antav

good logic but you are not comparing apples to apples here. 

  • Upvote 1
Posted
2 hours ago, Sonu_Patel said:

good logic but you are not comparing apples to apples here. 

my pen value will become $200 next summer as there will be shortages due to manufacturing slowdown 

Posted
2 hours ago, Gorantlamdhav said:

my pen value will become $200 next summer as there will be shortages due to manufacturing slowdown 

1. Immigration slowdown

2. layoffs

3. decreasing fertility rate leading to reduction in population

4. Homes owned by senior citizens coming back in to market.

5. Robotics and 3D printing reducing construction costs

6. Zoning laws can be updated to reduce land prices

Why don't you consider these factors?

  • Upvote 1
Posted
1 hour ago, krishnaaa said:

1. Immigration slowdown

2. layoffs

3. decreasing fertility rate leading to reduction in population

4. Homes owned by senior citizens coming back in to market.

5. Robotics and 3D printing reducing construction costs

6. Zoning laws can be updated to reduce land prices

Why don't you consider these factors?

I am finalizing a home for a client in the Glen Mills area of PA. The builder is not reducing the price at all; it is still strong in my area.

Posted
18 minutes ago, ysrisking said:

I am finalizing a home for a client in the Glen Mills area of PA. The builder is not reducing the price at all; it is still strong in my area.

Not reducing "yet".

Posted

Hello friends,

 

I bought the house in peak market 100 kms away from Toronto, no go train connectivity. 

We are family of 4 and not able to pay the loan due to increase in expenses. Salary did not go up for the last 5 years, hence planning to move to Toronto. 

 

What is the best option?

 

House price: 1 M

Current market price: 730 K

Outstanding loan; 720 k

Rental income: 2500$ (if I rent)

 

Family income: 150 k before tax.

 

Than ks in advance. From FB Indian in Toronto group 

Posted
42 minutes ago, kevinUsa said:

Hello friends,

 

I bought the house in peak market 100 kms away from Toronto, no go train connectivity. 

We are family of 4 and not able to pay the loan due to increase in expenses. Salary did not go up for the last 5 years, hence planning to move to Toronto. 

 

What is the best option?

 

House price: 1 M

Current market price: 730 K

Outstanding loan; 720 k

Rental income: 2500$ (if I rent)

 

Family income: 150 k before tax.

 

Than ks in advance. From FB Indian in Toronto group 

As per DB experts recommendation he should wait until home value price increase to 1 M

As per DB experts recommendation all new buyers should also wait till that home value increase to 1M and then start doing bidding from there. 

Posted
8 hours ago, ysrisking said:

I am finalizing a home for a client in the Glen Mills area of PA. The builder is not reducing the price at all; it is still strong in my area.

Glenmils good area bro , because of less inventory abd good school district

what your opinion on Middletown , DE.

Posted
14 hours ago, jaathiratnalu2 said:

Glenmils good area bro , because of less inventory abd good school district

what your opinion on Middletown , DE.

Yes, it is very close to all three job markets: Wilmington, Philadelphia, and the Malvern area. Middletown is also a good option, but only Wilmington is within reach for job opportunities. I can help you with that if you'd like. Additionally, there was a tax assessment done last year, which resulted in a 50% increase in taxes compared to the previous year.

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