Calling real estate experts

[Hitman]

Since Fed didn’t increase interest rate today, market seeing it is ఇంక housing rates తగ్గుతాయా ? పెరుగుతాయా ?

[krishnaaa]

11 minutes ago, Hitman said:

Since Fed didn’t increase interest rate today, market seeing it is ఇంక housing rates తగ్గుతాయా ? పెరుగుతాయా ?

Home prices will fall during rate cuts

[maverick19]

Home prices are going down but not as drastic as they spiked. looks like they wont go down so much anipistondi. 

if the interest rates go down prices will go up 

[Konebhar6]

2 hours ago, Hitman said:

Since Fed didn’t increase interest rate today, market seeing it is ఇంక housing rates తగ్గుతాయా ? పెరుగుతాయా ?

Penchaledanna happiness reflected in market today. Fed will take action until they get desired results in housing and curbing inflation.

Inflation mamuluga ledu .. Smog test ki $90 anta. Even with coupons, etc I paid $70. 

[Aquaman]

so.. interest rates will remain same..

unless there is more inventory.. things will remain same as now

 

builders are smart...they dont want to reduce price a lot.. they are delaying new builds..so not much of inventory

[Variety_Pullayya]

3 hours ago, Hitman said:

Since Fed didn’t increase interest rate today, market seeing it is ఇంక housing rates తగ్గుతాయా ? పెరుగుతాయా ?

depends on location man. best time to look for bargain buys in secondary suburbs. 

[krishnaaa]

11 hours ago, maverick19 said:

Home prices are going down but not as drastic as they spiked. looks like they wont go down so much anipistondi. 

if the interest rates go down prices will go up 

If you look at history, it has never happened before.

Interest rates going down and interest rates going down after a hiking cycle are 2 totally different scenarios.

Prices should drop due to more supply.

[maverick19]

6 hours ago, krishnaaa said:

If you look at history, it has never happened before.

Interest rates going down and interest rates going down after a hiking cycle are 2 totally different scenarios.

Prices should drop due to more supply.

not sure there are people waiting to buy houses also right? demand also is going up and if builder are smart enough to release slow and keep the demand high? or atleast prices wont fall so much 

[krishnaaa]

4 hours ago, maverick19 said:

not sure there are people waiting to buy houses also right? demand also is going up and if builder are smart enough to release slow and keep the demand high? or atleast prices wont fall so much 

It's never so simple. 

There are many old people waiting to downsize. With lower interest rates, builders get access to easy money and finish more houses.

There may be more job losses in the interim.

Investors might bail.

There might be other factors that we don't know.

[kevinUsa]

On 11/2/2023 at 10:09 PM, Konebhar6 said:

Penchaledanna happiness reflected in market today. Fed will take action until they get desired results in housing and curbing inflation.

Inflation mamuluga ledu .. Smog test ki $90 anta. Even with coupons, etc I paid $70. 

Modern cars don't need kada smog test