Voreeeyyy asalll vomerica real estate ni em seddham anukuntunnar raa

[veerigadu]

Mortgage demand from homebuyers falls 29% since last year

 

https://www.cnbc.com/2022/09/14/mortgage-demand-declines-29percent-from-last-year-as-rates-eclipse-6percent.html

[hydusguy]

its expected.. if interest dropped for a month below 3   .. then it will raise by 50%

[veerigadu]

Bidding lo training theesukoniiii vacche sarikiiii.....Motthammm marchesaruuuu entraaa....I want to bid now using @TOM_BHAYYA money

[veerigadu]

Just now, hydusguy said:

its expected.. if interest dropped for a month below 3   .. then it will raise by 50%

Penchindhiiii dinchadanikiii kadhuuu...Covid time lo interest rates are once in life time oppurtunity. Fed over reacted thanks to dump mother board. 

5% is optimum interest rate throughout the history

[KGFsutthi]

11 minutes ago, veerigadu said:

Penchindhiiii dinchadanikiii kadhuuu...Covid time lo interest rates are once in life time oppurtunity. Fed over reacted thanks to dump mother board. 

5% is optimum interest rate throughout the history

Cool anna America lo invest on land waste anna, invest on business and sell it on goodwill

[pandu123b]

6+ interest rate affected affordability of 80-90% people.

what else can we expect!!

House prices are reducing and after a point and it will settle down there..

then interest will be reduced 

and then the buying cycle repeats 😊

[futureofandhra]

17 minutes ago, pandu123b said:

6+ interest rate affected affordability of 80-90% people.

what else can we expect!!

House prices are reducing and after a point and it will settle down there..

then interest will be reduced 

and then the buying cycle repeats 😊

dallas taggedhey ley 

new houses 1 $ kooda taggaledhu 

[pandu123b]

if they want to still pay higher prices , let them be .

once the reality HITS everyone realize then😀

[veerigadu]

25 minutes ago, pandu123b said:

6+ interest rate affected affordability of 80-90% people.

what else can we expect!!

House prices are reducing and after a point and it will settle down there..

then interest will be reduced 

and then the buying cycle repeats 😊

They won’t decrease interest rate just to speed the home buying process. I don’t see interest rates going less than 5% in next 10 years atleast 

[Complex]

4 minutes ago, futureofandhra said:

dallas taggedhey ley 

new houses 1 $ kooda taggaledhu 

ya, going very slow in dallas.

e community ki poyina atleast 2-3  desi families unnay model homes lo on weekends.

mana valla  demand unnani rojulu , dallas price will be on slow pace.

[veerigadu]

Just now, Complex said:

ya, going very slow in dallas.

e community ki poyina atleast 2-3  desi families unnay model homes lo on weekends.

mana valla  demand unnani rojulu , dallas price will be on slow pace.

Dallas is a different animal all together. Antha meedhiii thenaliii madhjjjiii thenaliii batch kontunnaruuu. Most weired desi market IMO

[Complex]

Just now, veerigadu said:

Dallas is a different animal all together. Antha meedhiii thenaliii madhjjjiii thenaliii batch kontunnaruuu. Most weired desi market IMO

remote and no state tax ani vasthunaru bro from other states.

Need to see how it will be once WFH is over and also new tech job search will be very difficult in dallas because of the competition from too much desi population after WFH.

[yemdoing]

1 hour ago, futureofandhra said:

dallas taggedhey ley 

new houses 1 $ kooda taggaledhu 

really... I know one guy whose builder reduced 20k even though construction was in middle.

backout avvaku i will reduce 20K annadu , its in prospoer

[veerigadu]

2 minutes ago, Complex said:

remote and no state tax ani vasthunaru bro from other states.

Need to see how it will be once WFH is over and also new tech job search will be very difficult in dallas because of the competition from too much desi population after WFH.

It doesn’t matter to our people. Andaruuu tho patuuu munigithree they don’t care. As long as they are not the only ones munigipoyingggg

[Complex]

Just now, yemdoing said:

really... I know one guy whose builder reduced 20k even though construction was in middle.

backout avvaku i will reduce 20K annadu , its in prospoer

ya, 10-20k most builders are offering as incentive to buy down the interest rate.