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


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29 minutes ago, mirchi_bajji said:

ikkada 10k kuda thaggale ..no change at all

Akkada increase antunadu man ... price decrease avadhu houses refer to my previous posts last month evaro taguthai ante I replied . Economy is coming back if jobs come back with this intrest rates prices may even gonup next few months 

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Basically, no one is ready to put their house on the market due to Covid. 

 

Due to less inventory, home prices increasing ani chadivanu 

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prices assalu taggaledu , people are quoting a good 10k+ than the estimates from the sites , lol

janalu assalu taggaledu , lot of industries bankrupt ayyai , not sure how people are saying we will bounce back easily

bounce back will only be there for some sectors not all

wait until the mortgage defaults increase , we will know the real picture

as of now , payments on hold lo unnayi , they will lift this in a few months and then you will see the real defaults data and possibly a lot of foreclosures etc

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1 hour 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???

 

Most unemployment service sector lo undi under paying jobs

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27 minutes ago, Peddayana said:

prices assalu taggaledu , people are quoting a good 10k+ than the estimates from the sites , lol

janalu assalu taggaledu , lot of industries bankrupt ayyai , not sure how people are saying we will bounce back easily

bounce back will only be there for some sectors not all

wait until the mortgage defaults increase , we will know the real picture

as of now , payments on hold lo unnayi , they will lift this in a few months and then you will see the real defaults data and possibly a lot of foreclosures etc

Market is already up and job less claims stabilized and we also have a decoy for stimulus cheque coming out soon ... so it will only go up from here ..jobs will be back by end of year . Mortgage defaults won’t happen untill 12 months (next March ) and it will happen only is this situation persists till then which most likely is impossible due to economy opening and I see people lining outside barber shops and restaurants 

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2 hours ago, pittagoda said:

Prices not going down a lot.

 

1 hour ago, mirchi_bajji said:

ikkada 10k kuda thaggale ..no change at all

Inflation happening.. $'s being printed..300 house, next year ki 400 avutundi.. pakka

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2 hours ago, ennnna chata said:

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

Next werk lay offs ma dhanilo ufff

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Wait for 2nd quarter results...every company other than banks, some E-commerce ,retail and few companies will show profits...others will suck..real IT impact we will see in July august timeframe..appudu only bloodbath in IT and real estate

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