Housing market good analysis..

[Peruthopaniemundhi]

1. house prices soared by big percentage from 2019 to mid 2022. They started to reduce Q4 2022. A house worth of $400k (2019) is sold at $600k in early to mid 2022 + bidding. Now the same home is sold for $550k with no bidding. If they reduce it to $530k + appliances, people are starting bidding war. Example Charlotte, Fuquay varina, apex in NC.

2. There are lot of active buyers in the markets who are on the fence holding cash and watching the house prices trend from past 2-3 years. When ever they see a price reduction they are jumping in. This is a new change corona bought us. 

3. Many folks got GC last year, they completely stopped investing india and buying homes here.

4. Folks on H1 are holding cash and deciding where to invest, with rupee value depreciating, appreciation in Indian market does not seems to be adding a value.

5. With multiple jobs, people are holding lot off cash, folks minimized investing in stocks due to economy situation.

6. This trend of co-buyer investing is increasing where 2 friends are buying either single family or town home and renting. For investment home to get a decent interest rate we need 25% down, if it is a single buyer it makes difficult to invest for 2 buyers it makes lot easier.

7. 3-4 years back people use to buy homes atleast when they got GC EAD, ippudu H1 lottery lo pick ayindhi antae chalu paying earnest money to seller. Moreover number of students coming to masters is doubled.

So, how ever noise we make, people don’t stop buying Tesla cars and homes atleast in North Carolina, Texas, Atlanta area… 
 

@Undilaemanchikalam, nice analysis bro..

[matta_prabhu]

Oka shootout aithe salla badataru Texas la 

[Telugodura456]

19 minutes ago, Peruthopaniemundhi said:

 

.

6. This trend of co-buyer investing is increasing where 2 friends are buying either single family or town home and renting. For investment home to get a decent interest rate we need 25% down, if it is a single buyer it makes difficult to invest for 2 buyers it makes lot easier.

@Undilaemanchikalam, nice analysis bro..

canada lo desi gallu ee kampu chesi they wrecked housing market there. There was lot of anger from canadians there too. Hopefully they are more careful in usa. its best to do these things in dense areas and leave suburban communities as it is.

[matta_prabhu]

11 minutes ago, Telugodura456 said:

canada lo desi gallu ee kampu chesi they wrecked housing market there. There was lot of anger from canadians there too. Hopefully they are more careful in usa. its best to do these things in dense areas and leave suburban communities as it is.

Mana valu gelikede suburbs ni 

[manchulomajjiga]

40 minutes ago, Peruthopaniemundhi said:

 

1. house prices soared by big percentage from 2019 to mid 2022. They started to reduce Q4 2022. A house worth of $400k (2019) is sold at $600k in early to mid 2022 + bidding. Now the same home is sold for $550k with no bidding. If they reduce it to $530k + appliances, people are starting bidding war. Example Charlotte, Fuquay varina, apex in NC.

2. There are lot of active buyers in the markets who are on the fence holding cash and watching the house prices trend from past 2-3 years. When ever they see a price reduction they are jumping in. This is a new change corona bought us. 

3. Many folks got GC last year, they completely stopped investing india and buying homes here.

4. Folks on H1 are holding cash and deciding where to invest, with rupee value depreciating, appreciation in Indian market does not seems to be adding a value.

5. With multiple jobs, people are holding lot off cash, folks minimized investing in stocks due to economy situation.

6. This trend of co-buyer investing is increasing where 2 friends are buying either single family or town home and renting. For investment home to get a decent interest rate we need 25% down, if it is a single buyer it makes difficult to invest for 2 buyers it makes lot easier.

7. 3-4 years back people use to buy homes atleast when they got GC EAD, ippudu H1 lottery lo pick ayindhi antae chalu paying earnest money to seller. Moreover number of students coming to masters is doubled.

So, how ever noise we make, people don’t stop buying Tesla cars and homes atleast in North Carolina, Texas, Atlanta area… 
 

@Undilaemanchikalam, nice analysis bro..

Lol true h1 pick aithe chalu konestunaru ! Dump thatha vunnapudu jarigina visa rejection racha lantidi start aithe vots shake avutayi malli

[KaipuRaja]

1 hour ago, matta_prabhu said:

Oka shootout aithe salla badataru Texas la 

Nu sastava andulo 

[Netflixmovieguz]

Tesla, house subject of discussion in Indian community 

[*Prince Charming]

1 hour ago, matta_prabhu said:

Oka shootout aithe salla badataru Texas la 

Please think twice before writing such comments, life is much more valuable than Tesla Y model, 1 M home .... Families will be uprooted if anything bad happens.

[ImprovedLokesh]

1 hour ago, Peruthopaniemundhi said:

 

1. house prices soared by big percentage from 2019 to mid 2022. They started to reduce Q4 2022. A house worth of $400k (2019) is sold at $600k in early to mid 2022 + bidding. Now the same home is sold for $550k with no bidding. If they reduce it to $530k + appliances, people are starting bidding war. Example Charlotte, Fuquay varina, apex in NC.

2. There are lot of active buyers in the markets who are on the fence holding cash and watching the house prices trend from past 2-3 years. When ever they see a price reduction they are jumping in. This is a new change corona bought us. 

3. Many folks got GC last year, they completely stopped investing india and buying homes here.

4. Folks on H1 are holding cash and deciding where to invest, with rupee value depreciating, appreciation in Indian market does not seems to be adding a value.

5. With multiple jobs, people are holding lot off cash, folks minimized investing in stocks due to economy situation.

6. This trend of co-buyer investing is increasing where 2 friends are buying either single family or town home and renting. For investment home to get a decent interest rate we need 25% down, if it is a single buyer it makes difficult to invest for 2 buyers it makes lot easier.

7. 3-4 years back people use to buy homes atleast when they got GC EAD, ippudu H1 lottery lo pick ayindhi antae chalu paying earnest money to seller. Moreover number of students coming to masters is doubled.

So, how ever noise we make, people don’t stop buying Tesla cars and homes atleast in North Carolina, Texas, Atlanta area… 
 

@Undilaemanchikalam, nice analysis bro..

Bongu le same 550K now going for 650K in Dallas

[kevinUsa]

3 hours ago, Telugodura456 said:

canada lo desi gallu ee kampu chesi they wrecked housing market there. There was lot of anger from canadians there too. Hopefully they are more careful in usa. its best to do these things in dense areas and leave suburban communities as it is.

Agreed with this bro 

Lk gallu townhome ki 1.3mi endi bro 

G lo rod pettali...

Even rents too 

 

[kevinUsa]

3 hours ago, matta_prabhu said:

Mana valu gelikede suburbs ni 

Sir  Canada lo peel Halton 

Durham  mottam mg Toronto side 

Avg family income to buy house is 250k evadi deggara untayi aa paisal.

 

They ** up edmonton market too 200 k vacheyi house 450 ayindi..

 

[Scurvy]

3 minutes ago, kevinUsa said:

Agreed with this bro 

Lk gallu townhome ki 1.3mi endi bro 

G lo rod pettali...

Even rents too 

 

Which place bro townhome ?

[kevinUsa]

Just now, Scurvy said:

Which place bro townhome ?

Brampton 

[secundrabadi]

5 hours ago, Peruthopaniemundhi said:

 

1. house prices soared by big percentage from 2019 to mid 2022. They started to reduce Q4 2022. A house worth of $400k (2019) is sold at $600k in early to mid 2022 + bidding. Now the same home is sold for $550k with no bidding. If they reduce it to $530k + appliances, people are starting bidding war. Example Charlotte, Fuquay varina, apex in NC.

2. There are lot of active buyers in the markets who are on the fence holding cash and watching the house prices trend from past 2-3 years. When ever they see a price reduction they are jumping in. This is a new change corona bought us. 

3. Many folks got GC last year, they completely stopped investing india and buying homes here.

4. Folks on H1 are holding cash and deciding where to invest, with rupee value depreciating, appreciation in Indian market does not seems to be adding a value.

5. With multiple jobs, people are holding lot off cash, folks minimized investing in stocks due to economy situation.

6. This trend of co-buyer investing is increasing where 2 friends are buying either single family or town home and renting. For investment home to get a decent interest rate we need 25% down, if it is a single buyer it makes difficult to invest for 2 buyers it makes lot easier.

7. 3-4 years back people use to buy homes atleast when they got GC EAD, ippudu H1 lottery lo pick ayindhi antae chalu paying earnest money to seller. Moreover number of students coming to masters is doubled.

So, how ever noise we make, people don’t stop buying Tesla cars and homes atleast in North Carolina, Texas, Atlanta area… 
 

@Undilaemanchikalam, nice analysis bro..

OPTs are buying houses man. H1b pakkana pettu

[FrustratedSoul2]

6 hours ago, Peruthopaniemundhi said:

 

1. house prices soared by big percentage from 2019 to mid 2022. They started to reduce Q4 2022. A house worth of $400k (2019) is sold at $600k in early to mid 2022 + bidding. Now the same home is sold for $550k with no bidding. If they reduce it to $530k + appliances, people are starting bidding war. Example Charlotte, Fuquay varina, apex in NC.

2. There are lot of active buyers in the markets who are on the fence holding cash and watching the house prices trend from past 2-3 years. When ever they see a price reduction they are jumping in. This is a new change corona bought us. 

3. Many folks got GC last year, they completely stopped investing india and buying homes here.

4. Folks on H1 are holding cash and deciding where to invest, with rupee value depreciating, appreciation in Indian market does not seems to be adding a value.

5. With multiple jobs, people are holding lot off cash, folks minimized investing in stocks due to economy situation.

6. This trend of co-buyer investing is increasing where 2 friends are buying either single family or town home and renting. For investment home to get a decent interest rate we need 25% down, if it is a single buyer it makes difficult to invest for 2 buyers it makes lot easier.

7. 3-4 years back people use to buy homes atleast when they got GC EAD, ippudu H1 lottery lo pick ayindhi antae chalu paying earnest money to seller. Moreover number of students coming to masters is doubled.

So, how ever noise we make, people don’t stop buying Tesla cars and homes atleast in North Carolina, Texas, Atlanta area… 
 

@Undilaemanchikalam, nice analysis bro..

Neeku nuvve good analysis anesko ra fooka