Bay area housing market 🚀🚀🚀🚀

[Sucker]

4 minutes ago, shamsher_007 said:

makku gallaki immegrant status ishte ee issue immediately vanishes. emantav @Sucker baa

Vaallaki isthe daily labor yevaru chestharu baa. Vallu kuda benefits ki alavatu aitharu. Let them be like that antunna @Democraticcompulsion

[ysshakeela]

1 hour ago, Vaampire said:

This house will be sold for >3m

@Spartan note this

Do not worry, things are ripe for another 1929 styled Economic Depression.

All the printed money has to struck up somewhere.

[Vaampire]

4 minutes ago, ysshakeela said:

Do not worry, things are ripe for another 1929 styled Economic Depression.

All the printed money has to struck up somewhere.

I doubt man. Printing press ki pani cheptharu 

[csrcsr]

1 hour ago, shamsher_007 said:

kone thoughts unnaya baa?

 

Abrhaledu beo inkoti kastam okate job 😀

[csrcsr]

1 hour ago, Spartan said:

im in 10% range also @Vaampire

Ante mucu at least 2mn house koni untav already 200k galli prtta lo vesav anamata 🤣🤣

[Ryzen_renoir]

The main reason is near zero interest rates for companies , large firms can  invest billions into houses and sit on them indefinitely 

Supply chain issues dont help but it's not a big deal 

Fed needs to ramp up the Interest rates , inflation is also at all times highs 

[BeerBob123]

1 hour ago, Vaampire said:

I don't think so bro. Thaggadam pakkana pettu, stable kooda Kaley. Still crazy

Inventory chaala thakkuva undi.

Recent ga konna Dublin lo uncle I ki 1 year market ilane undali 

I want to upgrade

[Vaampire]

5 minutes ago, Ryzen_renoir said:

The main reason is near zero interest rates for companies , large firms can  invest billions into houses and sit on them indefinitely 

Supply chain issues dont help but it's not a big deal 

Fed needs to ramp up the Interest rates , inflation is also at all times highs 

Agreed. But I personally feel increasing interest rate will have negligible impact on housing market atleast in hot mArkets like Bay area. I know more than 5 people are ready to put down 2m towards down payment if necessary. Vallaki interest rate picha lite. I will be honest, most recent interest offered to me was 1.9%. I wouldn't worry too much even if it goes to 2.5%

[Vaampire]

Just now, BeerBob123 said:

Recent ga konna Dublin lo uncle I ki 1 year market ilane undali 

I want to upgrade

It depends on how much u paid and what kind of house. 3level houses ekkuva peragakapovachu. Even homes with elementary <9

[Ryzen_renoir]

3 minutes ago, Vaampire said:

Agreed. But I personally feel increasing interest rate will have negligible impact on housing market atleast in hot mArkets like Bay area. I know more than 5 people are ready to put down 2m towards down payment if necessary. Vallaki interest rate picha lite. I will be honest, most recent interest offered to me was 1.9%. I wouldn't worry too much even if it goes to 2.5%

I am not talking about retail buyers here , I am talking about the big firms . 

Institutional investors get loans at 0.5-1% , so they can purchase a property and can sit on it Indefinitely .  

If the rates rise to 2-3% for them the amount of speculative investment in housing might decrease  

[BeerBob123]

24 minutes ago, Vaampire said:

It depends on how much u paid and what kind of house. 3level houses ekkuva peragakapovachu. Even homes with elementary <9

Ranch style uncle

[ysshakeela]

5 hours ago, BeerBob123 said:

Recent ga konna Dublin lo uncle I ki 1 year market ilane undali 

I want to upgrade

ROI ??

[csrcsr]

5 hours ago, BeerBob123 said:

Ranch style uncle

West Dublin side tisukunava uncle

[Vaampire]

@Spartan just heard a story.

Toll brothers tassahara hills Dublin lo maa friend valla sister vallu new house contract sign chesaru anta Feb lo. $2.3m. ippudu house ready kaani till Bros vaadu $50k fine pay chesi contract break chesadu. Now market value >3m daaniki.  

Bokka ettadu villaki. 

[csrcsr]

Just now, Vaampire said:

@Spartan just heard a story.

Toll brothers tassahara hills Dublin lo maa friend valla sister vallu new house contract sign chesaru anta Feb lo. $2.3m. ippudu house ready kaani till Bros vaadu $50k fine pay chesi contract break chesadu. Now market value >3m daaniki.  

Bokka ettadu villaki. 

Ipdu free ga 50k vachayi ani Ananda padala

0.7 million paper appreciation ani baada padala ani buyer vala baada

Ee bay area America banks ni dobbetestava ani inko baada

Illu unodu inko illu kindam ani baada

Illu leni vaadu ela konali ani baada ayyo ayyo