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economy could end up in a recession in 3, 6 months


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12 minutes ago, Mancode said:

@Assam_Bhayya 

Scary tactics for man made recession 

Recession recession ani chepthu unte andharu pattukuni ready untaru so everyone tries cash in on the situation by investing into the sectors/area where there is fall, so human greed tactics will help mankind in other way sometime bro braces_1

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7 hours ago, Assam_Bhayya said:

Recession recession ani chepthu unte andharu pattukuni ready untaru so everyone tries cash in on the situation by investing into the sectors/area where there is fall, so human greed tactics will help mankind in other way sometime bro braces_1

Home builders are laughing in the corner 

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18 minutes ago, Konebhar6 said:

We are already in a recession ... 

inkaa janalu alavaatu padaledu, inko six month lo "recession kind of a situation" is the new normal ani purthi ga thelskuni, nammi appudu adjust ayipothar. Appati varaku, osthundhi anta osthundhi anta ani gola chesthuu untaru already dhanni g kinda pettukuni

 

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Em recession o emo .. interest rates edho few pints decreased anagane ma community lo 5-10k increase chesesaru rates houses vi 

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8 minutes ago, perugu_vada said:

Em recession o emo .. interest rates edho few pints decreased anagane ma community lo 5-10k increase chesesaru rates houses vi 

Too much inventory anna .. Home prices seeing decrease everywhere .. Inventory is going to increase more with interest rate drops.

A lot of people want to upgrade or downgrade their homes into bigger/smaller homes. They will get into market with lower interest rates. There will be a lot of pressure on people who bought homes recently seeing their home values depreciate leading to selling. 

See the prices this winter. 

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recent home buyer ....somehow I feel that I bought it with top dollar....I see that the inventory is plenty in our area and the homes are not closing as they were and builders are coming up with all sorts of incentives to attract buyers. So, I feel the home prices are likely to go down by a little this fall and winter....may be not applicable to hot markets like Tx and NC where ppl are still bidding...but overall ga aithey housing market cool aye lane undhi...

 

having said all that...P.S. who knows what is going to happen to housing markets with all the coaster ride that happened post covid...one thing is for sure...when is the better time to buy a home ante...today if you are sorted with your finances (in terms of down payment and some reserves as back up) and can afford the house payments.

 

 

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39 minutes ago, Konebhar6 said:

Too much inventory anna .. Home prices seeing decrease everywhere .. Inventory is going to increase more with interest rate drops.

A lot of people want to upgrade or downgrade their homes into bigger/smaller homes. They will get into market with lower interest rates. There will be a lot of pressure on people who bought homes recently seeing their home values depreciate leading to selling. 

See the prices this winter. 

Kompa ni pamily necessity nundi every tom and dick with rela estate agent la real estate mafia chesi 10ngaru PPP loans multiple jobs tho. Hope people find a peace with this chit veru soon. Yes recession will set right andarni I don't wish any bad anyone but you need a reset sometimes for good. Unfortunately many are waiting for recession for GC and ready with cash thakkuva kompa lu 10nganiki. Ala thagaladindhi yevvaram.

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