These People Rushed to Buy Homes During Covid. Now They Regret It.

[kevinUsa]

https://www.wsj.com/articles/these-people-rushed-to-buy-homes-during-covid-now-they-regret-it-11613062856?mod=e2fb

[kevinUsa]

Someone please post entire article plz

[Hydrockers]

Malli sale ki pettamanu kaka 

People are buying antunaru ga db janalu

[Kootami]

Covid starting lo mortagage rates taggatam start ainaye and people rushed to buy them. after couple of months lumber sortage started and prices skyrocketed even 100% increase in price for lumber increased home construction value 10-30k . Demand ekkuvaindi supply takkuvaindi so automatic ga prices periginaye , aina janalu konnaru .... kontunnaru. once lumber prices come down and mortagage rates still low appudu untadi

[Mr Mirchi]

55 minutes ago, Kootami said:

Covid starting lo mortagage rates taggatam start ainaye and people rushed to buy them. after couple of months lumber sortage started and prices skyrocketed even 100% increase in price for lumber increased home construction value 10-30k . Demand ekkuvaindi supply takkuvaindi so automatic ga prices periginaye , aina janalu konnaru .... kontunnaru. once lumber prices come down and mortagage rates still low appudu untadi

Ma frnds emo thappu chesam house inka konaledhuu ani thega feel avuthunnaaru... still searching to buy

[Kalam_Youtheman]

3 minutes ago, Mr Mirchi said:

Ma frnds emo thappu chesam house inka konaledhuu ani thega feel avuthunnaaru... still searching to buy

yea correct a... mortagage rates were very low also prices emi ekkuva lekundee.. normal builder rates...

inka TX VA NJ NC states lo aithe vasthu ane peru tho thegaaa increase chesaaru builders...mana desi bakaras elagaina kontaaru worth lekapoyinaa ani...

[Kootami]

Just now, Kalam_Youtheman said:

yea correct a... mortagage rates were very low also prices emi ekkuva lekundee.. normal builder rates...

inka TX VA NJ NC states lo aithe vasthu ane peru tho thegaaa increase chesaaru builders...mana desi bakaras elagaina kontaaru worth lekapoyinaa ani...

 

5 minutes ago, Mr Mirchi said:

Ma frnds emo thappu chesam house inka konaledhuu ani thega feel avuthunnaaru... still searching to buy

Even in  mid west also like that and 99% realtors are white here

[quickgun_murugun]

2 hours ago, Kootami said:

Covid starting lo mortagage rates taggatam start ainaye and people rushed to buy them. after couple of months lumber sortage started and prices skyrocketed even 100% increase in price for lumber increased home construction value 10-30k . Demand ekkuvaindi supply takkuvaindi so automatic ga prices periginaye , aina janalu konnaru .... kontunnaru. once lumber prices come down and mortagage rates still low appudu untadi

 

1 hour ago, Mr Mirchi said:

Ma frnds emo thappu chesam house inka konaledhuu ani thega feel avuthunnaaru... still searching to buy

Entha lumber 🪵 surplus ayina rates maree taggavu Maha antey Ee over 100k 150k pette batch ki bokka ... market price ki konna vallaki no issues coz the prices gonna go high 

[quickgun_murugun]

1 hour ago, Kalam_Youtheman said:

yea correct a... mortagage rates were very low also prices emi ekkuva lekundee.. normal builder rates...

inka TX VA NJ NC states lo aithe vasthu ane peru tho thegaaa increase chesaaru builders...mana desi bakaras elagaina kontaaru worth lekapoyinaa ani...

That’s total bullsh!t created by desi buyers. Nobody cares about Vasthu ... 

[Kootami]

10 minutes ago, quickgun_murugun said:

 

Entha lumber 🪵 surplus ayina rates maree taggavu Maha antey Ee over 100k 150k pette batch ki bokka ... market price ki konna vallaki no issues coz the prices gonna go high 

yes mortgage rates taggav..but covid before and after new construction ki builder gadu telling 10-30k extra just bacuase of lumber cause they are buying in black.

[Spartan]

friday roju illu market lo vachindi

saturday offer pedtam ante.. friday night offer accept chesesadu owner

i really liked that and was within my budget

@Vaampire 

anta red hot ga undi 

[Sarvapindi]

2 minutes ago, Spartan said:

friday roju illu market lo vachindi

saturday offer pedtam ante.. friday night offer accept chesesadu owner

i really liked that and was within my budget

@Vaampire 

anta red hot ga undi 

ekkada entha

[Spartan]

Just now, Sarvapindi said:

ekkada entha

bay area ne

[Anta Assamey]

3 hours ago, kevinUsa said:

https://www.wsj.com/articles/these-people-rushed-to-buy-homes-during-covid-now-they-regret-it-11613062856?mod=e2fb

These People Rushed to Buy Homes During Covid. Now They Regret It.

Hot real-estate markets across the U.S. led to a number of buyers snapping up homes without performing due diligence

By 

Feb. 11, 2021 12:00 pm ET

Stella Guan spent months searching for a home to buy, getting outbid again and again in the white-hot real-estate market of the Los Angeles suburbs. Finally, her offer on a “beautiful” Santa Clarita house was accepted in August, she said. The graphic designer, 30, paid roughly $600,000 for the house. But after sleeping there for only a few nights, she had an unfortunate realization. “I was like ‘uh-oh, I hate this house,’ ” she recalled. “I hate this house so much.”

Looking back on it, she said, “I should have seen all of the warning signs, but the pandemic housing fever got the better of me.”

A house, unlike expensive jewelry or clothing, can’t be returned if the buyer is unhappy with it, so a cardinal rule of home buying is that you shouldn’t rush into a purchase. But in 2020, millions of Americans did just that.

Fleeing small apartments, buying vacation homes or simply looking for a change of scenery amid the crushing boredom of lockdowns, people scrambled to buy houses amid the pandemic, spurring bidding wars and supercharging real-estate markets across the country. Now, many are discovering the pitfalls of these hasty purchases, ranging from buyers’ remorse and financial strain to damage caused by unexpected problems. 

This spring especially, “people were so panicked,” said Priscilla Holloway, a Douglas Elliman agent in the Hamptons, a popular spot for New Yorkers seeking refuge from the pandemic. “Buying a home is a huge commitment. You have to be thorough. But people were getting all crazy, and they weren’t as thorough as they usually are.”

[manadonga]

Nenu kuda okadini 

inka house konaledani badha padutunna