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Home prices- Real estate market


jai_bali

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On 2/21/2021 at 8:55 PM, jai_bali said:

Hi guys.

I see that house prices are going up day by day. But, is it going to be a bubble that may burst soon? I am generally looking in Sacramento, CA area where I see houses(esp. new houses ) are going up release by release. I am not sure if the value for houses are worth. I see this trend all over US. But, are those prices going to last? Is now a good time to buy a new home? I know this is seller's market now, but any idea/inputs on booming house prices? Does house prices fall once mortgage payment forbearance ends in June 2021? Any inputs are appreciated.

Bro I am in Sacramento market as well. 

Worst time to buy a home bhayya interest rates are also going up. 

However we had no choice but to buy a home and we closed on one last week. We think we are lucky in that we found a home with everything we wanted, but it cost us quite a bit more than what we were prepared for initially. 

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On 2/21/2021 at 9:41 PM, jai_bali said:

Yaa..Folsom ,,but i also see same trend across all the Sacramento area....anipistadi whether prices in Folsom ranch will go down in few months since they keep on increasing the prices a lot...100 people ante eppudu vastadi bro...raadu ane iga..Do you think prices are not worth the homes in Folsom?

Bro look into Roseville market it's a little more reasonable compared to Folsom one. Plus I heard there's one community which is good in El Dorado hills as well, PM me if you need more help

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