Housing possibilities

[Sonu_Patel]

12 hours ago, Netflixmovieguz said:

- rents going down to pre pandemic will encourage people to rent rather than purchase as it’s costly with higher interest rates

Idee aithee investors and fomo buyers will be forced to foreclosure or sell in loss bcoz rents are low and the mortgage payments will be higher. People morality will be killed and forced to give up.

- job market fasakk, housing correction 

- inflation goes higher if fed pivots and trap people in housing which will become the biggest ever bubble 

I don’t see the other way out

You analysis looks one-sided.. Renting up/down aena investors foreclose enduku chestaru ? they would have locked for lower interest rate last couple of years and cash flow taggochu emo but foreclosure ayyentha scene ledu akkada.. 

- Job market fasak anedhi temporary but eventually it will pick up and job insecurity unapudu people try to rent which is good infact for investors. 

- Inflation high unte property values kuda high maintain avtaye.. which makes it even harder to make a home purchase. 

[Netflixmovieguz]

1 hour ago, HugoStrange said:

I like your analysis bro, hats off. Genuine ga chepthunna. just want to know, Nee timeline expectations kuda cheppu. I am thinking July to October.

spring nunchee builders will come after you. Yr end kke berrasarrallathhoo buyers can ask for any and everything. 2024 buyers market. 

 

[Netflixmovieguz]

5 minutes ago, Sonu_Patel said:

You analysis looks one-sided.. Renting up/down aena investors foreclose enduku chestaru ? they would have locked for lower interest rate last couple of years and cash flow taggochu emo but foreclosure ayyentha scene ledu akkada.. 

- Job market fasak anedhi temporary but eventually it will pick up and job insecurity unapudu people try to rent which is good infact for investors. 

- Inflation high unte property values kuda high maintain avtaye.. which makes it even harder to make a home purchase. 

Investors will look for returns rather than holding without returns. Cash flow is imp for investments. 

Post summer 2021 buyers will feel the heat. Will you pay mortgage for a 1m house with 2% interest when the price of that house falls below 800k? Doesn’t this inventory add up to the already existing growing inventory?

second theory- it’s hardly a be situation if you purchased before 2021 and locked interest rates at 2% with rents going down. 
inflation high unte housing marchepoo , it leads to greater problems.

job market slowing will add to the pain.

 

[praying]

3% 6% increase valla 500K home ki 1500 add avtundhi paymnet..  how the frock are we supposed to pay that kind of amount even if two people are working and with kids. its just annooying and who ever is playing this game is just out of their mind.

[Netflixmovieguz]

32 minutes ago, praying said:

3% 6% increase valla 500K home ki 1500 add avtundhi paymnet..  how the frock are we supposed to pay that kind of amount even if two people are working and with kids. its just annooying and who ever is playing this game is just out of their mind.

Exjjactly. Whoever thinks they will survive in the longer term is not thinking to what they are getting into

[praying]

1 minute ago, Netflixmovieguz said:

Exjjactly. Whoever thinks they will survive in the longer term is not thinking to what they are getting into

House rents kuda alage unnai ra renewable vastundhi ante anxiety is to the roofs 

[Spartan]

1 hour ago, Netflixmovieguz said:

Investors will look for returns rather than holding without returns. Cash flow is imp for investments. 

Post summer 2021 buyers will feel the heat. Will you pay mortgage for a 1m house with 2% interest when the price of that house falls below 800k? Doesn’t this inventory add up to the already existing growing inventory?

second theory- it’s hardly a be situation if you purchased before 2021 and locked interest rates at 2% with rents going down. 
inflation high unte housing marchepoo , it leads to greater problems.

job market slowing will add to the pain.

2.75% lo loan teskunte - for 900K - monthly emi = 3600

rent ki 2 bedroom apartment i dont get it below 3500 anywhere..

even if rental prices are going down...

ilanti situation lo chala mandi unnaru. who can ride out that additional 100$ per month

 

[MiryalgudaMaruthiRao]

ok

[Sonu_Patel]

1 hour ago, Netflixmovieguz said:

Investors will look for returns rather than holding without returns. Cash flow is imp for investments. 

Post summer 2021 buyers will feel the heat. Will you pay mortgage for a 1m house with 2% interest when the price of that house falls below 800k? Doesn’t this inventory add up to the already existing growing inventory?

second theory- it’s hardly a be situation if you purchased before 2021 and locked interest rates at 2% with rents going down. 
inflation high unte housing marchepoo , it leads to greater problems.

job market slowing will add to the pain.

 

bayya.. for your information the interest rates were in 4% range through april/may of 2022. All Investors or home owners bought homes before would have higher equities with low monthly payments.. 

Any new inventory that is about 700K price range is in real trouble.. because of the affordability.

[Netflixmovieguz]

10 minutes ago, Spartan said:

2.75% lo loan teskunte - for 900K - monthly emi = 3600

rent ki 2 bedroom apartment i dont get it below 3500 anywhere..

even if rental prices are going down...

ilanti situation lo chala mandi unnaru. who can ride out that additional 100$ per month

 

Downtown sfo?

[Sarvapindy]

24 minutes ago, Spartan said:

2.75% lo loan teskunte - for 900K - monthly emi = 3600

rent ki 2 bedroom apartment i dont get it below 3500 anywhere..

even if rental prices are going down...

ilanti situation lo chala mandi unnaru. who can ride out that additional 100$ per month

 

900k ki 3600  emi how?…

[csrcsr]

26 minutes ago, Spartan said:

2.75% lo loan teskunte - for 900K - monthly emi = 3600

rent ki 2 bedroom apartment i dont get it below 3500 anywhere..

even if rental prices are going down...

ilanti situation lo chala mandi unnaru. who can ride out that additional 100$ per month

 

 

1 minute ago, Sarvapindy said:

900k ki 3600  emi how?…

Anna property taxes chepaledu those can be paid later and older rates 

[cameraman]

2 minutes ago, Sarvapindy said:

900k ki 3600  emi how?…

may be just principal and interest  with 20% down 

[Netflixmovieguz]

26 minutes ago, Sarvapindy said:

900k ki 3600  emi how?…

 

25 minutes ago, csrcsr said:

 

Anna property taxes chepaledu those can be paid later and older rates 

20% down 2950. Property tax 1% brings it to 3700

[Ravi860]

Interest rates konchem padina.. let’s say 5% housing prices mall lestayi anipistundi.. correct me if I am wrong