Rising mortgage rates are causing more home sellers to lower their asking prices

[pakeer_saab]

3 hours ago, veerigadu said:

https://www.cnbc.com/2022/04/07/rising-mortgage-rates-cause-more-home-sellers-to-lower-asking-prices.html

 

In dallas and bay area its not happening ani entha mandhiii eee thread lo antarooo count seddhamm ani @TOM_BHAYYA antundeee. 

yess. all home prices are dropping by 20%, next month recession, nuvvu happies kada inka

[veerigadu]

2 minutes ago, pakeer_saab said:

yess. all home prices are dropping by 20%, next month recession, nuvvu happies kada inka

Recession endukuuu le anna. Oka 15% correction vacchi manchi worthy illu unteee konukuntaaa anthe. That’s all I hope for 

[yemdoing]

58 minutes ago, kevinUsa said:

Lowda school district kosam life lo g high months payment

High proprti tax kadutara aa paisal tho private school veyavachu kada 

Just asking

good school district and good/decent/safe/secure/high income community go hand in hand.

pillalu manchiga chuvuthunnaru ante area kuda manchidi, area manchiga unte ne pillalu baga chadive avakasam undhi.

[cloud]

Maa area dallas lo maa community listing lo got 55 offers in one day for my neighbor e week lo . Dallas is still strong and sellers market

[Thokkalee]

4 hours ago, veerigadu said:

https://www.cnbc.com/2022/04/07/rising-mortgage-rates-cause-more-home-sellers-to-lower-asking-prices.html

In dallas and bay area its not happening ani entha mandhiii eee thread lo antarooo count seddhamm ani @TOM_BHAYYA antundeee. 

Dallas is still very hot.. 

With high interest rates and high home prices, people’s affordability will go down… they cannot afford to pay mortgage more than what they earn, that too over a period of 30 years… so 5% interest rate ki konta mandi drop avtharu… 

[Thokkalee]

3 hours ago, veerigadu said:

Listings lo antheee. Also, Agents and sellers cheppinaviii nammitheee nakipothammm anna. It’s hard to trust agent completely especially if they get high percentage if you pay more  

It doesn’t matter much… nuv oka 20K ekkuva vesthe, agent ki vachedi 200$ (with 1% commission)… 

[Thokkalee]

9 hours ago, veerigadu said:

Inventory has definitely gone up. We have more choices now. This weekend we are driving there to see three different homes. Chudali how it will go down. My wife is frustrated and wants to get this done and over with.
 

I’m not sure if I’m being over cautious with this whole home buying process. Time will tell. 

Super bro… prices chala ekkuva unnayi… interest rates perigipoyayi.. housing market padipotundi ani… recession ani … houses surplus ani… ikkada roju 5 threads vesthavu… but you are actively looking to buy a house?? 

Andarni bhayapetti illu konukkokunda chesi, nuv highest price ki, highest interest rate ki illu kontavu choodu… 

narayana naryana…