The Fed Just Started a MORTGAGE DISASTER in the 2022 Housing Market

[chandrabhai7]

6 minutes ago, kevinUsa said:

eppudu ante houses buying all these where were  these people living ?

trailerpark ?

homeless?

or investers just pumping them 

Apartments 

[KasakRaja]

15 hours ago, Spartan said:

yes anduke ikkada padavu akkada padavu...

old construction lo they will reduce the inventory, market ki raaru ammadaniki chala mandi unless dire need.

what about second hand homes bro? avvi ayina padtaaya?  maalanti first time home buyers emaina kontara? 

[sattipandu007]

1 hour ago, sureshkonda said:

ledu bro..try putting your house in the market now. you will get atleast 40 bidders in austin overnight

Specific markets might still do well ani anukuntunna, people are still moving in huge numbers from blue to red states so that might keep up the demand. But again if paychecks don't support mortgage then people can't buy. I think it will take up to a year for things to catch up, 4% might not bother but if interest touches 6% then it will tighten up wallets. Inflation is eating into paychecks as well. Short term spike untadi, as people will now hurry to close and old homes, inventory ki inka demand ekkuva avtadi in coming months. I still don't think prices will be in free fall but they might stop increasing for a while.

 

[sattipandu007]

13 minutes ago, KasakRaja said:

what about second hand homes bro? avvi ayina padtaaya?  maalanti first time home buyers emaina kontara? 

no bro, demand will increase for them as they will be the fastest to close.

[KasakRaja]

22 minutes ago, sattipandu007 said:

no bro, demand will increase for them as they will be the fastest to close.

ooh , mottaniki eppudu perugutune vuntayi..inka maa jeevitaalu aprtment ke ankitam