Desi Comparision for Home Purchase

[areyentiraidhi]

 

38 minutes ago, Sonu_Patel said:

@Karigipoyekalam - kalam tho patu karigipoye aalochanalu cheyaku..

 

450K is nothing . Ikkada dallas lo oka average home ki 700k plus unnae.. and andaru remote jobs ae.. 

I did mistake by delaying.. if you can afford 450K .. go for it. 

 

maku nachey homes 750k+ minimum unnae.. andukey ee eedupu antha

which areas in dallas?

[Sonu_Patel]

Just now, areyentiraidhi said:

 

where in dallas are you looking?

Prosper and Celina lo chustunnam

[areyentiraidhi]

1 minute ago, Sonu_Patel said:

Prosper and Celina lo chustunnam

only new construction  ?

[Anta Assamey]

[Sonu_Patel]

7 minutes ago, areyentiraidhi said:

only new construction  ?

yes ... Only New Construction

[areyentiraidhi]

3 minutes ago, Sonu_Patel said:

yes ... Only New Construction

if you want prosper ISD with 3k sqft.. >$700k pettali for new construction 

Also celina lo tax is high, most of the neighborhoods ki 2.9% , check it out.

[pandu123b]

oka 2. years afdb ki dooramga undu baa

anni ave set avtai

keep renting, put money high yield savings account, someone giving 5% apr with CD”s.

rates anni back to normal

vachestay

[areyentiraidhi]

11 minutes ago, Sonu_Patel said:

yes ... Only New Construction

do you have housing facing preference ?  I will let you know if I see anything.

[TopLechipoddi]

5 hours ago, Sonu_Patel said:

Dont get me wrong ... 

oka friend 2021 lo bought home for 600k with 2.5% interest rate and his monthly payments are around $3500 per month

If is sign the same house today - price will be 750K with 6% interest rate and my monthly payment will be around $6000 per month. 

Unable to decide.. Overthinking chestunna anni dobbakandi.. but i cant buy time anymore!

Lite teesko unless you are earning 300000. Taxes kaduthunnapudu untundi Kanto Na kaaram

[Sonu_Patel]

9 minutes ago, areyentiraidhi said:

do you have housing facing preference ?  I will let you know if I see anything.

north or east only

[bithrisathiiiii]

19 minutes ago, areyentiraidhi said:

if you want prosper ISD with 3k sqft.. >$700k pettali for new construction 

Also celina lo tax is high, most of the neighborhoods ki 2.9% , check it out.

anni communities ki kadu, some are in 2.23%

[Pandubabu]

Also anyone planning to buy houses on assumption of refinancing should think thrice .

Fed usually reduces rates in recession .

Aa recession vasthe first mana job untadho undadho. Be careful what you wish for. 

Also recession caused by fed to tackle inflation is very tricky . Fed may not want to reduce rates , as it is basically spoils the original  reason why they caused recession 

[kakatiya]

5 hours ago, Complex said:

Accept the fact bro you missed the boat during 2020, but chala uncertainty and competition unde .  Affordability at 2% rate and 7% rate are very different. Discuss with your family and take wise decision.

Focus on getting high paying job and then buy it or else buy what you can afford now.

And these prices are going to fall in 4-5 years..once inflation is normal.. take my word..seen it happen many times..that is very nature of us housing market. Again it will rise during covid 2029 😛

[Karigipoyekalam]

7 minutes ago, Pandubabu said:

Also anyone planning to buy houses on assumption of refinancing should think thrice .

Fed usually reduces rates in recession .

Aa recession vasthe first mana job untadho undadho. Be careful what you wish for. 

Also recession caused by fed to tackle inflation is very tricky . Fed may not want to reduce rates , as it is basically spoils the original  reason why they caused recession 

Very very true ! Rates taggipotayi appudu refinance chesukovachu ante a roju na jobs e vundakapovachu appudu bochu le home emi chesukuntamu

[Complex]

Just now, kakatiya said:

And these prices are going to fall in 4-5 years..once inflation is normal.. take my word..seen it happen many times..that is very nature of us housing market.

manam entha chepina..  patel uncle mentally edho decide ayi untadu.. adhe chesthadu ...validation post idhi..

@perugu_vada & @Ravi860 uncles ke thelvali inka