45% drop in home purchases

[Moon_Walker]

Looks like correction in this coming quarters.

[AverageDesiGuy]

2 minutes ago, Moon_Walker said:

Looks like correction in this coming quarters.

Drop because there is no inventory anna!

[Moon_Walker]

Just now, AverageDesiGuy said:

Drop because there is no inventory anna!

I dont think its entirely inventory. In my area itself i am seeing homes sitting for more than 2 months.

[Assam_Bhayya]

Something Bigger than ‘08’ situation ante edo exaggeration lagundi kaka 

[Ravi860]

13 minutes ago, Moon_Walker said:

Looks like correction in this coming quarters.

Avg home price in US emo higher undi oka pakka with very less inventory Inko pakka ilanti stats evadini nammali.

[reality]

1 minute ago, Assam_Bhayya said:

Something Bigger than ‘08’ situation ante edo exaggeration lagundi kaka 

That will never happen again… sluggish pattern may hold for sometime, but prices are there only to increase and people will have to embrace it like they are doing for all other expenditures.

[Variety_Pullayya]

builders are not building in bulk. i am tracking a builder and they are releasing only 4 homes per month. 

[Ravi860]

Just now, Variety_Pullayya said:

builders are not building in bulk. i am tracking a builder and they are releasing only 4 homes per month. 

2 reasons for not building: they want to manipulate inventory by not building much and on top of it high interest rates to borrow 

[Allasaani_Peddana]

With elections so near do you think stock market will not be allowed to go down?

[pakeer_saab]

46 minutes ago, reality said:

That will never happen again… sluggish pattern may hold for sometime, but prices are there only to increase and people will have to embrace it like they are doing for all other expenditures.

prices fall after demand goes down, prices are holding up only due to good employment market

only difference between 2008 and now is employment, once unemployment increases, the chances of prices falling down will be clear

 

[pakeer_saab]

16 minutes ago, Allasaani_Peddana said:

With elections so near do you think stock market will not be allowed to go down?

with elections and recent 7T printed, government will have very less room to pump any more money, all they can do it delay

[kakatiya]

1 hour ago, AverageDesiGuy said:

Drop because there is no inventory anna!

No there are new homes in Massachusetts by some builders..people are not willing to pay extra on them.. they are not worth it..also used homes are in market for 141 days + ..reason is they are not worth the interest rates.. 

Tiny bathrooms and no island kitchen.. but 650...builders not making money but need to build homes to keep the business running 

[Allasaani_Peddana]

34 minutes ago, pakeer_saab said:

with elections and recent 7T printed, government will have very less room to pump any more money, all they can do it delay

USA prints money and the rest of the world has to work for it.

[ismartganesh]

56 minutes ago, pakeer_saab said:

prices fall after demand goes down, prices are holding up only due to good employment market

only difference between 2008 and now is employment, once unemployment increases, the chances of prices falling down will be clear

 

h1, opt mllion dollar homes em kaavali unemployment increase avuthe ?

[Allasaani_Peddana]

16 minutes ago, ismartganesh said:

opt mllion dollar homes em kaavali unemployment increase avuthe ?

Oka side emo economy might tank antunnaru, inko side emo taylor swift will make two billion dollars from her recent tour antunnaru. Very strange times.