Mortgage rates nearly 4%

[Sucker]

Just now, Vaampire said:

Ammesaka own house etta avuthadi @Sucker uncle

Ade baa Sontha inti nundi renting house chesav antunna. 

[terminator_desi]

Phoenix,AZ lo 600k ki new build sign cheyabotunna. Hold or proceed? Same area lo 2 years back 400k unde home price

[Vaampire]

Mine could be unpopular opinion… but i am kind of happy with this. Housing market needs a correction. I hope we will see some correction with this.

[Vaampire]

1 minute ago, terminator_desi said:

Phoenix,AZ lo 600k ki new build sign cheyabotunna. Hold or proceed? Same area lo 2 years back 400k unde home price

If u like the home and plan to stay there for 5-10 yrs, just proceed

[Vaampire]

2 minutes ago, Sucker said:

Ade baa Sontha inti nundi renting house chesav antunna. 

Yupe.. should have waited.. koncham thondara padi ammesa

[krrish]

5 minutes ago, Vaampire said:

Mine could be unpopular opinion… but i am kind of happy with this. Housing market needs a correction. I hope we will see some correction with this.

Agreed. The question is whether builders allow this correction to happen…

[Spartan]

[Hindhustani]

3 minutes ago, Vaampire said:

If u like the home and plan to stay there for 5-10 yrs, just proceed

@vampire bro , I’m actively looking to buy home .. In this current situation better to wait ? .. btw why did you sold home bro , when you buying again you have to put high rates and you paying rent .. what’s the advantage you saw ?

[sureshkonda]

buy buy buy..house rates thaggav..no inventory outside.  

[Fish]

6 minutes ago, terminator_desi said:

Phoenix,AZ lo 600k ki new build sign cheyabotunna. Hold or proceed? Same area lo 2 years back 400k unde home price

Market is due for correction….wait till end of the year…atleast konchem rate thaggina benefit ye kada 

[Fish]

1 minute ago, krrish said:

Agreed. The question is whether builders allow this correction to happen…

Market is not only about builders

foreclosures kuda osthaayi kada

[Fish]

1 minute ago, sureshkonda said:

buy buy buy..house rates thaggav..no inventory outside.  

Inventory lekapoyina….no one will buy at high interest and peaked home prices 

last year all were buying because of low interest rates 

[jaathiratnalu]

9 minutes ago, Vaampire said:

Mine could be unpopular opinion… but i am kind of happy with this. Housing market needs a correction. I hope we will see some correction with this.

enti bro.. Nuvvu high price lo ammutavu..

konadaniki matram   correction ravalanatvu ??

[Anta Assamey]

1 minute ago, jaathiratnalu said:

enti bro.. Nuvvu high price lo ammutavu..

konadaniki matram   correction ravalanatvu ??

@Vaampire is Wall Street... BULL... WHALE... WOLF... vallu ante ... alage chestaru ..

[Vaampire]

3 minutes ago, Hindhustani said:

@vampire bro , I’m actively looking to buy home .. In this current situation better to wait ? .. btw why did you sold home bro , when you buying again you have to put high rates and you paying rent .. what’s the advantage you saw ?

Depends bro. If u like the home and plan to stay there for 5-10 years, buy it.

we can never time the market.

and also with current supply chain issues, i am not sure if the home prices go down with increase in interest rate.

 

I think i miscalculated few things while selling my home. I made more than 500k on it, so have to pay tax for additionL amount. I thought i can sell it and buy another home to take advantage of 500k non taxable profit on primary home.. honestly i am not even sure how many primary homes u can claim in entire life.