US wide housing slump?

[terminator_desi]

https://www.bloomberg.com/opinion/articles/2020-04-10/coronavirus-fallout-u-s-housing-prices-will-tumble

[perugu_vada]

Real estate will be the 1st sector that gets affected when there is economy turmoil, no wonder in that, recent home-buyers must feel themselves to be unlucKy, bcos high lo unnapudu konnatle, malli ah konna price ki ravali ante time padutundi 

[AndhraneedSCS]

Housing wont be impacted "right away" as everyone thinks it will be gone in 3-4 months and everything will be back to normal 

[perugu_vada]

Just now, AndhraneedSCS said:

Housing wont be impacted "right away" as everyone thinks it will be gone in 3-4 months and everything will be back to normal 

Adi chala kashtam uncle

[ring_master]

7 minutes ago, AndhraneedSCS said:

Housing wont be impacted "right away" as everyone thinks it will be gone in 3-4 months and everything will be back to normal 

Human fear ane factor ni chaala underestimate  chestunnav. It’ll come back to normal eventually but 3-4 months is very short 

[reality]

No... em kadhu... this is not a naturally born financial crisis....

And this crisis makes ‘stay at home’ call... also wherever inventory is less,,, it doesn’t even impact...

These are just scaremongering articles.

[user789]

hard to predict...but high chances of not getting much impacted on real estate...2014-2019 the price went to skyrocket....so the price might go down may be 10-20%...which is not a big impact...

[terminator_desi]

This is an article from Bloomberg bro.leading financial company.

1 minute ago, reality said:

No... em kadhu... this is not a naturally born financial crisis....

And this crisis makes ‘stay at home’ call... also wherever inventory is less,,, it doesn’t even impact...

These are just scaremongering articles.

 

[*Prince Charming]

Housing directly proportional to economy. Economy rapid rise unte housing kooda ala ney untadi. Economy gradual rise unte same with housing. But there may be exceptions for some regions. In the current case analysts are expecting a 'U' shaped economic recovery. So housing kooda alane untadi mostly. Edi emaina current situation lo wait and watch approach best.

[desiboys]

Chase bank is restricting home loans to people with credit score 700+ and 20% down payment starting tuesday.

[pittagoda]

30 minutes ago, user789 said:

hard to predict...but high chances of not getting much impacted on real estate...2014-2019 the price went to skyrocket....so the price might go down may be 10-20%...which is not a big impact...

20% save is 160k bro. 10 months less slavery.

[user789]

4 minutes ago, pittagoda said:

20% save is 160k bro. 10 months less slavery.

20% could be more emo le...but it's not going to be like 2008 recession is what i'm trying to say..

 

[hotmaddy]

Watching houses near by my place. 10% price of what we thought is a decent thagginchaaru still not sold

[terminator_desi]

Just now, hotmaddy said:

Watching houses near by my place. 10% price of what we thought is a decent thagginchaaru still not sold

Which location bro?

[FLraja]

1 minute ago, hotmaddy said:

Watching houses near by my place. 10% price of what we thought is a decent thagginchaaru still not sold

Oka sample address ivvu zillo lo chusta