Atlanta housing market slowing down?

[Bears]

First time bhayyas, got appointment booked in Ashton woods Duluth area to sign a contract. Been trying from last 3 months never got it and the appointments were booked online in less than 5 seconds. Also heard from one of my friend that the number of bids received this month for Pulte homes in cumming got reduced by 50%,  not sure if people are slowing down?

[TrishaManiac]

No slow down... it's just that you're lucky.

[ManOffSteel]

Ekkada vayya slow down, ante undi situation. Friends trying for 6+ months now

[Hindhustani]

It’s slow down from what I heard from other frnds 

[Sreeven]

Investors and hedge vallu motham konestunnatu..valle baga rates increase chestunnaru..there is a chance for bubble 

[Galactus]

Friend looking since 1 year , all lottery type unnayi new homes antha , difficult to get

[bankris]

It's all Bubble ba.... TOLL brothers was holding all lots and releasing one lot a month and was doing bidding on that... was trying to create artificial demand... But, i guess he was not getting enough customers now.. he started releasing more lots a month....signs that.. things are slowing down.. 

There is only so much a thing can grow.. after that ....

 

[JambaKrantu]

Housing market will slow down all over the US once the interest rates go past 4 to 4.5%. Expect a full blown slow down by end of the year..

[FLraja]

5 hours ago, TrishaManiac said:

No slow down... it's just that you're lucky.

antha ledu , most of the ones I contacted last year are reaching me and asking if I am interested as new ones are opening

[pandemkodi]

Yup seems like slow down .. now builders reaching out buyers with inflated prices 

[veerigadu]

People are slowly backing off due to bidding mania and potential interest rate raise.

[paaparao]

5 hours ago, Bears said:

First time bhayyas, got appointment booked in Ashton woods Duluth area to sign a contract. Been trying from last 3 months never got it and the appointments were booked online in less than 5 seconds. Also heard from one of my friend that the number of bids received this month for Pulte homes in cumming got reduced by 50%,  not sure if people are slowing down?

30 years rates are around 4% now. By the time you near closing they might come to 6%. 

Hedge funds, Investor groups game idi ipudu. I would suggest you to lock the rate at below 3 if available with any bank. 

[Captain_nd_Coke]

5 hours ago, bankris said:

It's all Bubble ba.... TOLL brothers was holding all lots and releasing one lot a month and was doing bidding on that... was trying to create artificial demand... But, i guess he was not getting enough customers now.. he started releasing more lots a month....signs that.. things are slowing down.. 

There is only so much a thing can grow.. after that ....

 

 

not about not getting enough customers... rates full ga 5's 6's loki vellaka munde EMD oka 10% ala kattinchesukuni lock cheyinche daniki new buyers ni..anduke enni veelaite anni contract rayinchadaniki trying..

 

where I live, they used to open 3-4 a month, just last 2 weeks, they have opened up 7, every 3rd contract signing, increase around 10k or 15k ala....

[neneno1]

Brookmeade toll project lo feb lot bidding amount was won by someone who bid 300k above. So not sure if the demand went down really

[KothaKurrodu]

Uko bro. 300k aa, who will bid fot that much