Tracy my analysis spot on

[ErraBook_monagadu]

Latest builder price drop to 669k.

Builder dropping this low on new homes, other sellers have to go much lower now. Slowly prices will reach 500k+
 

https://www.zillow.com/homedetails/1649-Placer-Pl-Tracy-CA-95377/440492060_zpid/

[ErraBook_monagadu]

Here is another example of bad investment. Someone purchased similar house next door same sq.ft for 701K last month feb2025. Now Listed for rent $3100. Paying mortgage +property tax+ insurance $5100 per month. No one rents the house, will be vacant for one year and investor will put on market for sale.

On top of it, builder drops new home price to $650k, in one year the house value drops to $550K. Calculate the total losses

 

https://www.zillow.com/homedetails/7264-Diamond-Ave-Tracy-CA-95377/2061760756_zpid/

[ErraBook_monagadu]

In one year losses on a vacant house 

Interest 45K

property Tax 10K

selling costs 40K

house depreciation 100K

Other costs 5K

Total atleast 200K

[MACH]

  On 3/15/2025 at 7:15 PM, ErraBook_monagadu said:

Here is another example of bad investment. Someone purchased similar house next door same sq.ft for 701K last month feb2025. Now Listed for rent $3100. Paying mortgage +property tax+ insurance $5100 per month. No one rents the house, will be vacant for one year and investor will put on market for sale.

On top of it, builder drops new home price to $650k, in one year the house value drops to $550K. Calculate the total losses

 

https://www.zillow.com/homedetails/7264-Diamond-Ave-Tracy-CA-95377/2061760756_zpid/

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vuu

[pandugadu999]

  On 3/15/2025 at 7:02 PM, ErraBook_monagadu said:

Latest builder price drop to 669k.

Builder dropping this low on new homes, other sellers have to go much lower now. Slowly prices will reach 500k+
 

https://www.zillow.com/homedetails/1649-Placer-Pl-Tracy-CA-95377/440492060_zpid/

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1700 sft ki ade ekkuva uncle aa area lo..

[ErraBook_monagadu]

  On 3/15/2025 at 7:51 PM, pandugadu999 said:

1700 sft ki ade ekkuva uncle aa area lo..

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Yes, about 200k further drop in prices will happen soon, eventually prices reach true value 

[pandugadu999]

  On 3/15/2025 at 7:02 PM, ErraBook_monagadu said:

Latest builder price drop to 669k.

Builder dropping this low on new homes, other sellers have to go much lower now. Slowly prices will reach 500k+
 

https://www.zillow.com/homedetails/1649-Placer-Pl-Tracy-CA-95377/440492060_zpid/

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Prices on old houses will drop as long as there is new construction homes ..with the new community on other side of 580, will go on for another 3 years..so old houses on other side will drop n probably difficult to sell. Also , old side plan is very bad. New community is selling hot also mountain house lot of new homes coming by end of this year

[pandugadu999]

  On 3/15/2025 at 7:52 PM, ErraBook_monagadu said:

Yes, about 200k further drop in prices will happen soon, eventually prices reach true value 

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Yes for old houses… n this house is on old community..people not showing interest in these new houses because of new homes other side and MH. this is home is far end of that community..from entrance of community itself have to drive 10 min to reach home each way which sucks..so builder trying sell it by reducing price n incentives

[pandugadu999]

  On 3/15/2025 at 7:02 PM, ErraBook_monagadu said:

Latest builder price drop to 669k.

Builder dropping this low on new homes, other sellers have to go much lower now. Slowly prices will reach 500k+
 

https://www.zillow.com/homedetails/1649-Placer-Pl-Tracy-CA-95377/440492060_zpid/

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669K n there is 50k off incentive also..

[ErraBook_monagadu]

  On 3/15/2025 at 7:54 PM, pandugadu999 said:

Prices on old houses will drop as long as there is new construction homes ..with the new community on other side of 580, will go on for another 3 years..so old houses on other side will drop n probably difficult to sell. Also , old side plan is very bad. New community is selling hot also mountain house lot of new homes coming by end of this year

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Builder will offer lot of incentives to sell, other state buyers invest believing in the false hopes of property price appreciation misled by agents.
 

Eventually when they resell all homes prices will reach 400k-600k. There won’t be any difference between this side or that after 5 years. All sides nakipotame.

Why will a buyer in future pay extra one side compared to other, I won’t pay $1000 extra this side vs that side. It’s not like one side has lake view and other one doesn’t. 

[ARYA]

Hill view inthe unnai ga prices 

[ErraBook_monagadu]

  On 3/15/2025 at 8:02 PM, ARYA said:

Hill view inthe unnai ga prices 

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Someone purchased similar house built 3 years ago next door 701k last month. Builder now rug pull dropping prices a lot. One year from now, all owners in that community will be like people that bought trump and Melania meme coins, rug pull victims

[pandugadu999]

  On 3/15/2025 at 7:59 PM, ErraBook_monagadu said:

Builder will offer lot of incentives to sell, other state buyers invest believing in the false hopes of property price appreciation misled by agents.
 

Eventually when they resell all homes prices will reach 400k-600k. There won’t be any difference between this side or that after 5 years. All sides nakipotame.

Why will a buyer in future pay extra one side compared to other, I won’t pay $1000 extra this side vs that side. It’s not like one side has lake view and other one doesn’t. 

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ul ll see the diff between both sides once new side completes 

[nokia123]

  On 3/15/2025 at 7:15 PM, ErraBook_monagadu said:

Here is another example of bad investment. Someone purchased similar house next door same sq.ft for 701K last month feb2025. Now Listed for rent $3100. Paying mortgage +property tax+ insurance $5100 per month. No one rents the house, will be vacant for one year and investor will put on market for sale.

On top of it, builder drops new home price to $650k, in one year the house value drops to $550K. Calculate the total losses

 

https://www.zillow.com/homedetails/7264-Diamond-Ave-Tracy-CA-95377/2061760756_zpid/

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How will people travel from this area to sfo downtown for work?

[chat_24]

  On 3/15/2025 at 7:02 PM, ErraBook_monagadu said:

Latest builder price drop to 669k.

Builder dropping this low on new homes, other sellers have to go much lower now. Slowly prices will reach 500k+
 

https://www.zillow.com/homedetails/1649-Placer-Pl-Tracy-CA-95377/440492060_zpid/

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malli ade post..sava bengamaku ra nayana