housing market slowing down

[perugu_vada]

18 minutes ago, Nayakudu22 said:

4 years back 600k ki koni, ipudu 1.2M petti, 1.15M ki taggisthe market slowing down anaru 

PRE-COVID prices ki aithe ravu .. ala kani aithe.. US ye kadu... global economy mingipoyindi ani confirm cheskovochu apudu ika

[shaktimaan]

11 hours ago, baabaa said:

Mana valu h1 buying power ni overestimate chestaru. H1b tight cheste US housing market crash avutundi ani chala parties lo innannu :). Pichi pakodis, maybe frisco and some dallas neigborhoods affect avutayi emo.

Same argument AP/TG division appudu icharu. AP valu elli pote hyd real estate padi potundi ani . 

manollu entire us economy ni kudipese capacity undi, h1 teesete IT(as majority of us are code monkeys) industry will collapse overnight and real estate will never ever recover with that blow. Manamu pette biksha valla veellu bathukutunnaru ani loka gnanam teliyani uncles bodisthunte nenu kuda vini emi analeka chethulu jebulo pettukuni ala naduchukuntu….

[Pandubabu]

16 hours ago, Nayakudu22 said:

4 years lo prices double chesi, 50k taggistunnaru anthe

I see lot of people bought homes in last June or so and are expecting 15-20% appreciation now. why would anyone buy those especially when new homes are around the same price .

[aimodel]

cousin called aug 3rd week lo house warming in dallas, his wife started working 3 months back. 

if dual income they are buying homes . 1 million kaka poyina ,they are signing something they can work it out.

I think mana db lo oversmart ayyi last ki rent lo ney continuing.

[Variety_Pullayya]

7 hours ago, Pandubabu said:

I see lot of people bought homes in last June or so and are expecting 15-20% appreciation now. why would anyone buy those especially when new homes are around the same price .

buying frenzy start ayyedaka peragavu...buyers need to be patient.

[Pandubabu]

15 hours ago, Variety_Pullayya said:

buying frenzy start ayyedaka peragavu...buyers need to be patient.

wait chesi matta gidisa ayye chances kooda unnay anno

[Variety_Pullayya]

8 minutes ago, Pandubabu said:

wait chesi matta gidisa ayye chances kooda unnay anno

with overall materials and labor becoming costly due to inflation...maree down ayye chances levu. austin lanti markets thapthe....i dont see a drastic crash happening anywhere else.  ofcource 2007 lanti recession vasthe evadu em cheyaledu.

[dreamchaser]

12 minutes ago, Variety_Pullayya said:

with overall materials and labor becoming costly due to inflation...maree down ayye chances levu. austin lanti markets thapthe....i dont see a drastic crash happening anywhere else.  ofcource 2007 lanti recession vasthe evadu em cheyaledu.

arizona lo kuda baga tagutunayi bro.Salaries are not so high and home prices increased a lot last couple of years.noone is buying and prices started dropping a lot.

[Variety_Pullayya]

17 minutes ago, dreamchaser said:

arizona lo kuda baga tagutunayi bro.Salaries are not so high and home prices increased a lot last couple of years.noone is buying and prices started dropping a lot.

yeah slight correction for sure. what i meant was that it will not fall to precovid prices

[dreamchaser]

1 minute ago, Variety_Pullayya said:

yeah slight correction for sure. what i meant was that it will not fall to precovid prices

not slight correction.it might be a crash in AZ.inventory is all time high since 15 years

[Pandubabu]

5 hours ago, Variety_Pullayya said:

with overall materials and labor becoming costly due to inflation...maree down ayye chances levu. austin lanti markets thapthe....i dont see a drastic crash happening anywhere else.  ofcource 2007 lanti recession vasthe evadu em cheyaledu.

peragakunte thagginatte kadha uncle , with Inflation. the home prices have to catch up with inflation as well