New homeowners living in denial

[dewarist]

23 minutes ago, terminator_desi said:

My neighbor bought a 20 year old home in Cumming,GA for 520k this month.The home price was 290k in 2019. He was saying same thing that price will jump further.

Jump kaadu, it will almost double ani cheppu

[Simple123]

2021 Q4 and 2022 Q1 vallaki matram bokka.  But remember they bought because they could afford those prices ... rich guys

[veerigadu]

3 minutes ago, Simple123 said:

2021 Q4 and 2022 Q1 vallaki matram bokka.  But remember they bought because they could afford those prices ... rich guys

They assumed appreciation will be stay until eternity during that purchase.

If that does not continue to happen, which is the case now.

It will hit ankuls in nut sac . 

[phatposts]

biggest losers will be those who have to sell in the near future. vaalla equity motham tudichi pettuku potundi. life restart mode laaga. 

those who are house poor (no cash, only house) - will face bad music IF they have to sell. 

[anna_gari_maata]

14 minutes ago, veerigadu said:

Intlooooo adaa ladies poruuu padalekaaa kontunna ani oka colleagueee monna neee cheppi badha paddaduuu. 1 month nundi sarrigaaa matladatleee....Pakka lo ki night raniyatle ani indirect ga seppaduuu. 

ladies and money go together

[Swatkat]

9 minutes ago, Simple123 said:

2021 Q4 and 2022 Q1 vallaki matram bokka.  But remember they bought because they could afford those prices ... rich guys

Loan bro affordability ledhu paadu ledhu 2-3 jobs valla. Adhi temporary eh ga

[Rushabhi]

Idhe market before 2008 kooda undi. Nothing is always rising. It will fall at some point. Chethilo cash unnavallu nettukostharu

[tennisluvrredux]

2 hours ago, CuteDesiGal said:

Avunanna kaadanna 2019, 2020 lo konnavallu adrushtavanthulu. 2021 to now evaru konna baga ekkuva petti konnate. Atleast adhi Mee primary residence ayithe dont worry instead of paying rents nee intiki kaduthunav. Rents baga perigai. Investment property ayithe break even ki baga time pattachu

Yes madam chaala badha ga untadi ee vishayam gurtochinappudalla

[Hydrockers]

2 hours ago, terminator_desi said:

My neighbor bought a 20 year old home in Cumming,GA for 520k this month.The home price was 290k in 2019. He was saying same thing that price will jump further.

Ni yavva guba meda okati piki cheppalisndi

[hydusguy]

4 hours ago, Pandubabu said:

Already commit Aina batch , recent ga konna batch are feeling very offended if someone brings the topic of Inflated housing prices.

inka closing kaani vallu lucky.. they can drop anytime.

already konna vallu if its primary house.. enjoy the house .. as you wont selling anytime soon.

[Anta Assamey]

22 hours ago, veerigadu said:

They assumed appreciation will be stay until eternity during that purchase.

If that does not continue to happen, which is the case now.

It will hit ankuls in nut sac . 

Nuvvu eppudu kontunavo cheppu ... Nenu appude konukunta...

[Thokkalee]

For a primary home, it doesn’t matter as long as the monthly mortgage payment is affordable.. for investment homes, it is hard to consistently maintain positive cash flow with high interest rates and property taxes.. 

[rmJU72]

Yeah it’s pretty scary for recent homeowners…if anyone is feeling offended as op suggested, it is just their way of handling their fear.

Don’t mind them and enjoy renting until you get the chance to ride the tiger

[CuteDesiGal]

4 hours ago, Vaampire said:

2021 q3 varaku konna vallu fine ley

Dont think so baa, 2020 lo 500-550k unna house 2021 mid lo almost 650-670k ayyindi but 2021 mid to now almost 150k perigai within 6months.

[anandam2012]

6 minutes ago, CuteDesiGal said:

Dont think so baa, 2020 lo 500-550k unna house 2021 mid lo almost 650-670k ayyindi but 2021 mid to now almost 150k perigai within 6months.

maa daggara 550 house ippudu 950 ayindi same house same builder