Worst is yet to come

[veerigadu]

Just now, TrishaManiac said:

ela vunnai ? nee bonda....new construction homes hot cakullaga pothunnai ippudu kuda....

Vokay. Market is booming anna. sworry for misinformation. 

[veerigadu]

1 minute ago, JackSeal said:

NC lo single family homes doing price cut, same community lo last year 30-50k ekkuva bid chesaru.

Dallas Texas lo avvananthavarkuuuu memu oppokommmm antunnaruuu db yuvathaaa

[TrishaManiac]

Just now, veerigadu said:

Vokay. Market is booming anna. sworry for misinformation. 

youtubullo thappa ekkada kuda recession/housing crash ledu....double income vunnollu evvaru kuda ee interest rates ni pattinchukovatledu...endukante they can pay off the principal in next few years ani.

[LungiLingaraju]

36 minutes ago, JackSeal said:

NC lo single family homes doing price cut, same community lo last year 30-50k ekkuva bid chesaru.

Ekkada cut .. em community ?

[JackSeal]

2 minutes ago, LungiLingaraju said:

Ekkada cut .. em community ?

Charlotte area motham, Redfin lo price reduced filter option select chesi do search 

[andhra_jp]

If the U.S. Is in a Recession, It’s a Very Strange One

Economic output is down but the job market is strong, unlike in previous recessions

A Federal Reserve Bank of Atlanta model closely watched on Wall Street estimates that economic output contracted again in the second quarter, at a 2.1% annual rate. The model puts inventory reductions as the biggest downward weight on output.

Another uncertainty is the outlook for home building, which is highly interest rate sensitive and has been another leading indicator during past downturns. New-home construction dropped 14% in May from a month earlier, seasonally adjusted, a drag that could persist as the Fed raises short-term interest rates.For example, in the first quarter, total U.S. spending on home-building was still 22% below the pace of building at the peak of the housing boom of the early 2000s, according to Commerce Department data.

Slow growth and continued hiring would add up to productivity and profit pressures for many businesses. That would be bad news for stocks, he said. But a recession? He’s not counting on it.

https://www.wsj.com/articles/recession-economy-unemployment-jobs-11656947596