U.S. home prices will jump 6.5% by July 2024

[hunkyfunky2]

42 minutes ago, csrcsr said:

Our db  are more interested in desi dominated areas anna vs generic American market where fundamentals work if the Job market is  stable anna nothing will stop manaollu

Oka illu unollu already looking for second investment property, young families are buying homes with in first year of marraige,  some extreme cases when they are in relationship pr engaged , more families are looking for homes 

I know a family who left to india vala bro ki poattorney I chesi velipoyadu , 

Already two homes unollu exploring 1031 exchange anta , jobs unte evadu agadu anna

 

Dude

Opt cpt candidates buying homes 

 

[ARYA]

35 minutes ago, csrcsr said:

Naaku emi telusu nenu ala patukoni unna rofl , layoffs ekva avdam ledu kani not much hiring at least in full time anna , contractors any ways they don't announce kada 

Nuvvu emanna cheptav anna ma opts sangathi ento make telvatam ledu anna

[csrcsr]

Just now, hunkyfunky2 said:

Dude

Opt cpt candidates buying homes 

 

Yaa bro nothing wrong all you need is downpayment and job, but buyer profile might create problems if any body chetulu ettesthe , like during visa tough times cars airport lo vodilipoyaru,  but homes is something else hopefully it doesn't happen let's see

[Netflixmovieguz]

18 minutes ago, Netflixmovieguz said:

inflation ill go high is ur saying 

@Vikkask dump thathaaa reelect ill be very bad

[hunkyfunky2]

9 minutes ago, csrcsr said:

Yaa bro nothing wrong all you need is downpayment and job, but buyer profile might create problems if any body chetulu ettesthe , like during visa tough times cars airport lo vodilipoyaru,  but homes is something else hopefully it doesn't happen let's see

What I observed is people have extremely short memory.

No one remembered 2001 and started ignoring fundamentals in 2005.

No one remembers 2020 now and started taking huge risks even with every indicator showing tough times ahead...

 

[Dhed]

Zillow was out of business and you trust this guy 

any how traditional return on home investment is 3 to 5 percent per year 

how ever I see some pain in real estate shortteRn 

[Ravi860]

Housing market will settle here may be not go up or down as much from now to 2024. 

as long we have these 

1. Low inventory 

2. Buyer incentives.. lennar even giving 4.75% in some areas  

3. Job market 

4. People have lots of cash sitting in their accounts (most looks like)

Old homes sellers are getting killed in this process due to new construction builder incentives. 

We had so many discussions Entha juttu pekkuna it is the reality!

[Netflixmovieguz]

6 minutes ago, Ravi860 said:

Housing market will settle here may be not go up or down as much from now to 2024. 

as long we have these 

1. Low inventory 

2. Buyer incentives.. lennar even giving 4.75% in some areas  

3. Job market 

4. People have lots of cash sitting in their accounts (most looks like)

We had so many discussions Entha juttu pekkuna it is the reality!

Could go through cuple yrs

[Dhed]

I am not sure every one is saying lot of people are sitting on cash , this is generalization in a small sect of people and Indians among them are highest , but average American are being crushed by inflation and could see some pain 

 

[Vikkask]

41 minutes ago, Netflixmovieguz said:

@Vikkask dump thathaaa reelect ill be very bad

I will pick dump thatha over sleepy joe anyday atleast keeping in SF in mind. Thengipoyindi city. Many small companies have moved away from sf and many are in process. Same is the case with stores.

[Netflixmovieguz]

29 minutes ago, Vikkask said:

I will pick dump thatha over sleepy joe anyday atleast keeping in SF in mind. Thengipoyindi city. Many small companies have moved away from sf and many are in process. Same is the case with stores.

Low corporate taxes + negative personal interest rates . Wat a combination 

[Pahelwan2]

I will sell my house to some desi bakra if it goes up another 10%. 

[Paamu]

Low inventory. Does it work for builders for long term. Don't they have to generate revenue to run their companies, isn't it a continuous process ? 

[Vikkask]

1 hour ago, Netflixmovieguz said:

Low corporate taxes + negative personal interest rates . Wat a combination 

U forgot sleepy joe giving extension to powell thatha.

i agree low corporate taxes was blunder. But why do u think job market was super strong for last few years. 

[Ryzen_renoir]

3 hours ago, Vikkask said:

U have no idea about how many people are sitting with ~1m cash in bayarea.

Bay area housing is different , they still have high paying jobs and hence houses worth a few million is still affordable to them