BREAKING: Pending home sales plunged 21.8% in April vs. 15% drop expected

[tacobell fan]

• Pending home sales, which measure signed contracts on existing homes, fell a wider-than-expected 21.8% in April, compared with March, according to the National Association of Realtors.
• Sales were down 33.8% compared with April 2019. That is the largest decline since the NAR began tracking this metric in January 2001.
• Demand, however, is already coming back, and the housing picture is starting to brighten.

[dasara_bullodu1]

I bought my first home last week 🙂

[tacobell fan]

1 minute ago, dasara_bullodu1 said:

I bought my first home last week 🙂

Location? Cheppanu brother ani matram anaku

[dasara_bullodu1]

2 minutes ago, tacobell fan said:

Location? Cheppanu brother ani matram anaku

Pm chesta

[r2d2]

6 minutes ago, tacobell fan said:

• Demand, however, is already coming back, and the housing picture is starting to brighten.

What the heck???

[tacobell fan]

Just now, dasara_bullodu1 said:

Pm chesta

ilanti economic slow downs in one or other form are inevitable in anyone's life time. Nothing to worry. We are not alone. 

[tacobell fan]

Just now, r2d2 said:

What the heck???

CC @perugu_vada

[r2d2]

2 minutes ago, tacobell fan said:

CC @perugu_vada

real estate nunchi ‘medicines’ business ki move ayyaadu kada...

jokes apart.. how do you expect the housing market to brighten with the alarming unemployment rate???

[pittagoda]

10 minutes ago, tacobell fan said:

• Pending home sales, which measure signed contracts on existing homes, fell a wider-than-expected 21.8% in April, compared with March, according to the National Association of Realtors.
• Sales were down 33.8% compared with April 2019. That is the largest decline since the NAR began tracking this metric in January 2001.
• Demand, however, is already coming back, and the housing picture is starting to brighten.

Prices not going down a lot.

[dasara_bullodu1]

4 minutes ago, tacobell fan said:

ilanti economic slow downs in one or other form are inevitable in anyone's life time. Nothing to worry. We are not alone. 

ya bro edo okati risk teeskovali life lo mundu ki vellali ante ... time bagunnappudu competition kooda chala ekkuva untadi

[tacobell fan]

1 minute ago, r2d2 said:

real estate nunchi ‘medicines’ business ki move ayyaadu kada...

jokes apart.. how do you expect the housing market to brighten with the alarming unemployment rate???

unemployment claims lo more than 60% are daily wage workers, IMO. 

[libraguy863]

37 minutes ago, dasara_bullodu1 said:

I bought my first home last week 🙂

congrats

[mirchi_bajji]

ikkada 10k kuda thaggale ..no change at all

[ennnna chata]

Jobs are coming back , market is already up ...mostly till 2021 end all Jiljil jigajia 

[xano917]

1 hour ago, dasara_bullodu1 said:

I bought my first home last week 🙂

congrats man !

Two jobs  in home ? GC or H1b ?