Is it right time to buy house now ? or wait cheste emina taggutayantara prices ?

[CuteDesiGal]

Ny-Nj, tx, dmv area, bay area, atlanta area ayithe wait cheyyaku konukko. As someone said nee primary residence and 5-7yrs unta anukunte go for it. Ee areas lo last 1-2yrs lo 150-200k perigayi andhulo 50-75k genuine ga perigina prices migathadi depends on interest rates and hype valla perigayi. In case future lo correction vachina oka 50-75k diff vachidi but aa time ki ippudu unna prices inko 50k velthai nd interest rates going up. So all together pedhaga benefit ayyedi ledhu atleast Ippudu thesukunte konchem low interest rate plus inko 6months nee sontha intlo undachu plus evadiko katte dabbulu nee intiki kadathav.

idhi jus naa analysis use ayithe vaduko.

[Spartan]

[CuteDesiGal]

Just now, Spartan said:

Lol dhani ardham emi

[areyentiraidhi]

4 minutes ago, Yeshsura said:

yes Bayya .. But prices are too much .. and I have to sign contract for the house price (high) but rate I can't lock down until they start digging .. not sure how the rates will be down the line ... ardamkavatledu emi cheyyalo 

No one can say for sure on what will happen . Check with a  real estate agent in your area to learn more about regional trends. I would personally wait.

[Spartan]

2 minutes ago, CuteDesiGal said:

Lol dhani ardham emi

em le just peeping into the thread.

[no01]

couple months back varaku real estate correction aithe malli anni down avthai anukunnaru...but it might take more than couple yrs to get corrected...and even if that really happens, 5% down is what experts are saying. But paina db peddallu logic cheppinattu, 2023 or 2024 lo 5% down aina kuda, still its more than current 2021 prices. 

2008/2009 market crash laaga ippatlo avvadu ani almost all experts are predicting...so dont wait for miracle to happen soon....better make use of lower interest rates, cause this will increase for sure in coming yrs. if u really cant afford single family, then go for decent size town houses and oka 5 - 7yrs lo sell chey...u wont loose money on that.

[AndhraneedSCS]

Home price koncham taggina, you have to pay more interest for the loan. So, your monthly mortgage may remain same 

[Spartan]

1 hour ago, no01 said:

couple months back varaku real estate correction aithe malli anni down avthai anukunnaru...but it might take more than couple yrs to get corrected...and even if that really happens, 5% down is what experts are saying. But paina db peddallu logic cheppinattu, 2023 or 2024 lo 5% down aina kuda, still its more than current 2021 prices. 

2008/2009 market crash laaga ippatlo avvadu ani almost all experts are predicting...so dont wait for miracle to happen soon....better make use of lower interest rates, cause this will increase for sure in coming yrs. if u really cant afford single family, then go for decent size town houses and oka 5 - 7yrs lo sell chey...u wont loose money on that.

anna 2.75 manchi rate aa...lock chesko mantava...

[BeerBob123]

21 minutes ago, Spartan said:

anna 2.75 manchi rate aa...lock chesko mantava...

Same here 

maa allah 

ma Jagan Jesus valla aa bid make ravali 

[Simple123]

austin lo already house market little bit down.. 

travisso ane community lo 1 to 3 months back  lot meeda 250K bidding vesevallu... same lot sizes going for $33k now.  you can imagine situation . 

[Marsmangalodu]

markets are up for a correction. especially boise,austin..zillow brought so many homes and it started cutting the prices to  below the price it brought those houses for. 

[MiryalgudaMaruthiRao]

[pandemkodi]

22 minutes ago, Marsmangalodu said:

markets are up for a correction. especially boise,austin..zillow brought so many homes and it started cutting the prices to  below the price it brought those houses for. 

Yup I saw this recently they got above 75k on ask and now they dumping for same price 

[pandemkodi]

No one knows what’s the right time dude .. if you need it and gonna stay for 5 years then buy it 

[MiryalgudaMaruthiRao]

no idea