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Market update: housing price reductions - eh1bs panic and not buying homes anymore


Sonu_Patel

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14 hours ago, dreamchaser said:

Can you please provide feedback here bro?I have saved about 250k which I want to use as a down payment for a 550k new home in Phoenix,AZ.My monthly payment would be 2100$ including everything.i have GC.currently I am paying 1900$ rent per month

yes anna.. go ahead and buy

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15 hours ago, Konebhar6 said:

Go visit the New Home builder offices to check out offers. Many are offering good financial plans like 1.99% for year 1, 2.99 for year 2, 3.99 for year 3, 4.99 from year 4 to 30.

Also there is plenty of price reductions. New homes are costing cheaper than existing homes. If you can wait till Feb, you will get much better offers. But keep checking and jump in when you feel comfortable with offer.

New constructions lo deals offer chestunnaru.. because they have to sell. 

Pre-owned homes ki no offers anna.. inka greedy prices pedithey no one is even going for open houses also. 

PRE-OWNED Homes who bought in last 2 years ki negative equity started anna. 

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1 hour ago, Sonu_Patel said:

New constructions lo deals offer chestunnaru.. because they have to sell. 

Pre-owned homes ki no offers anna.. inka greedy prices pedithey no one is even going for open houses also. 

PRE-OWNED Homes who bought in last 2 years ki negative equity started anna. 

No one caring bro. Jobs unanta varaku long term la house prices will rise from the ashes

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50 minutes ago, travellerusa said:

No one caring bro. Jobs unanta varaku long term la house prices will rise from the ashes

already shaking anna.. It will shake more after Jan 20. 

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21 hours ago, dreamchaser said:

Can you please provide feedback here bro?I have saved about 250k which I want to use as a down payment for a 550k new home in Phoenix,AZ.My monthly payment would be 2100$ including everything.i have GC.currently I am paying 1900$ rent per month

what is your age anna

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1 minute ago, ManchamKodi said:

you can buy anna 39 ante you are young. @Konebhar6 anna age 45 datindhi looking for house in dallaspuram

I will turn 30 this year. I already own a home. Looking to shift to a new home that meets my needs. 

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On 1/5/2025 at 6:15 PM, dreamchaser said:

Yes bro.planning to wait atleast  6 months.phoenix has highest new home inventory since last 5 years and lowest sales in decades.watching market carefully not to over pay and not in a hurry

6 months too short bro. Please wait for 6 years and buy

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