Bay Area Real Estate Fall started

[kittaya]

1 hour ago, tom brady said:

Nenu kuda mingutha 3500 kadthunna love da

Utah lo rendu illaki emi kattachu AA dabbutho

[Nalla_Balu]

Raleigh/Charlotte/Atlanta better options

[ARYA]

1 hour ago, cloud said:

Yeah bro . I moved from boston and bought a home here . I get a 2000 sq feet old home over thr for which i could get 3500 sq feet in a good school district here. You donot have state income tax here which can compensate on property taxes . On the negative side , there are many new homes built here and resale would be a nightmare 

yeah resale and equity over home is very less 

[ARYA]

1 hour ago, kittaya said:

Utah lo rendu illaki emi kattachu AA dabbutho

utah na lol

[ARYA]

1bhk aparments in east bay have come down to 2017 rates..

[JambaKrantu]

Next home prices to follow.. LA Seattle Bay area expect 10 to 30% drop..

[JambaKrantu]

3 hours ago, cloud said:

They can buy now mansions in texas

CA to TX, AZ

NY and East Coast to ATL, NC and FL 

This will be the trend

[Catalpha]

Bay area has other industries other than tech.

[tom bhayya]

4 minutes ago, Catalpha said:

Bay area has other industries other than tech.

lol rents thggithey real estate ey damaal antunnaru endho 

[kittaya]

10 hours ago, ARYA said:

utah na lol

Iowa lo kooda

[Spartan]

10 hours ago, tom bhayya said:

lol rents thggithey real estate ey damaal antunnaru endho 

10-30% anta...

@tom bhayya oka house PM please.

[hyperbole]

Lol..lockdown lo kuda maa community lo overbidding ayindi 2 listings..there is too much demand especially in good school districts. A lot of people want to cash in on low interest rates. Basically 1% interest rate reduction increases buying capacity by 50-60k

[Spartan]

1 minute ago, hyperbole said:

Lol..lockdown lo kuda maa community lo overbidding ayindi 2 listings..there is too much demand especially in good school districts. A lot of people want to cash in on low interest rates. Basically O.5% interest rate reduction increases buying capacity by 50-60k

ma area lo last week velli chusa...

thursday kalla poindi

[snoww]

3 minutes ago, hyperbole said:

Lol..lockdown lo kuda maa community lo overbidding ayindi 2 listings..there is too much demand especially in good school districts. A lot of people want to cash in on low interest rates. Basically O.5% interest rate reduction increases buying capacity by 50-60k

Low interests rates kabatti people planning to buy second homes and rental properties homes and rent. But that will change if there is no demand from tenants to take those for rent in future. We will know if that happens in next 3-6 months. 

[hyperbole]

12 minutes ago, snoww said:

Low interests rates kabatti people planning to buy second and rental properties homes and rent. But that will change of there is no demand from tenants to take those for rent. We will know if that happens in next 3-6 months. 

Bay area is different, there is a lot of demand but not enough land, cities permission evvavu new constructions ki, sfo lo 20k new houses kattali kani hardly 1k-2k dwellings kuda permission radu and now even all the suburbs are packed, basically bay area job market was so hot that it added 8000 new families every week at one point after rebound from 2008 recession and that continued few years. most of these people are still here and driving the housing housing costs