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Higher rates are hitting homebuyers hard

areyentiraidhi

By areyentiraidhi
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Pandubabu Sr. Hero

Pandubabu

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Posted
5 hours ago, kiran1012 said:

If all Homebuilders stops new construction,

will it help them in keeping up the demand?

Em chekka bhajana chesthara construction aapi. They have to pay for engineers and offices no ??

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karna11 Celebrity

karna11

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7 hours ago, veerigadu said:

First step completed. 

Next step is increased inventory in market. 

Third step people buying cheap homes since they cannot afford high monthly payments 

Crash starts for high end homes. Delinquencies from thella vomericans and reduced interest rates game continues 

increased inventory in market.  Antee entii asalu?

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Bears Jr Artist

Bears

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Current housing Inventory is only 1/3rd of pre pandemic levels, It takes atleast another 2 years to catch up those levels, until then I don’t think there would be any crash but yes a correction for sure on the old homes(~20%) and new homes(~10%)

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