housing market etu pothundi

[cameraman]

homes prices, interest rates rendu taggatle

worst ga avuthudi situation ranu ranu, ma realtor saying to wait for the first time.

[kiran1012]

Calling subject expert @Sonu_Patel

[Arjun9]

As long as there are Inventory issues and current % rates staying flat or drop a bit -> housing market is going to stay strong. Infact rates padithe, house prices will Up even more.

Due to previous less interest locks, no one is selling homes and builders are doing controlled release like 4-5 lots per month.

With estimated 1M new customers pumping into market to buy houses.. Unless huge job cuts or huge new homes release, ippatlo padetattu ayithe em ledhu Market.

Just my thoughts

[ForEverJava]

48 minutes ago, cameraman said:

homes prices, interest rates rendu taggatle

worst ga avuthudi situation ranu ranu, ma realtor saying to wait for the first time.

Ee situation I predicted year and half back andaru full backfire ayyaru ..people bought last year edo oka price but low interest rate lo settle aipoayru..some markets like Seattle and Phoenix lo kochem down ayyayi but dallas market still going storng..

[Netflixmovieguz]

Lower interest locks and strong job market is discouraging to list homes. Low inventory is keeping the prices high.

[Manishican]

Why would anyone want to sell when they locked at such low interest rates? Rent ki ichina it is more than the mortgage. Also bank were strict in giving loans not like 2008. Unless job Market collapse, housing market won't fall

[Aquaman]

15 minutes ago, ForEverJava said:

Ee situation I predicted year and half back andaru full backfire ayyaru ..people bought last year edo oka price but low interest rate lo settle aipoayru..some markets like Seattle and Phoenix lo kochem down ayyayi but dallas market still going storng..

Dallas ki mana vallu inka moving a from other states.. price entha high chesina sare konesthunnaru. 

[Aquaman]

Just now, Manishican said:

Why would anyone want to sell when they locked at such low interest rates? Rent ki ichina it is more than the mortgage. Also bank were strict in giving loans not like 2008. Unless job Market collapse, housing market won't fall

things happen to people no matter what kind of market it is as part of normal life.  

divorce , breakup, death , job change , family move out for various reasons

ila chala rakalu ..  

[Manishican]

1 minute ago, Aquaman said:

things happen to people no matter what kind of market it is as part of normal life.  

divorce , breakup, death , job change , family move out for various reasons

ila chala rakalu ..  

Possible because of Personal reasons. If rent received > mortgage, no advantage

[terminator_desi]

15 minutes ago, Aquaman said:

Dallas ki mana vallu inka moving a from other states.. price entha high chesina sare konesthunnaru. 

andaru Dallas pothe and  future lo RTO inka ekkuva ayithe,competiion ela untundi for local jobs in Dallas? caste based selection criteria untunda for jobs?

[Aquaman]

15 minutes ago, terminator_desi said:

andaru Dallas pothe and  future lo RTO inka ekkuva ayithe,competiion ela untundi for local jobs in Dallas? caste based selection criteria untunda for jobs?

#bloodbath e

ultimately it will make no of applications more for FT jobs and contracting jobs

rates paduthay inka 

[terminator_desi]

51 minutes ago, ForEverJava said:

Ee situation I predicted year and half back andaru full backfire ayyaru ..people bought last year edo oka price but low interest rate lo settle aipoayru..some markets like Seattle and Phoenix lo kochem down ayyayi but dallas market still going storng..

Coped from team blind.Mana anti average engineers kakunda FAANG level employees discussion  https://www.teamblind.com/post/2007-all-over-again-b6yjuT7A

"If you have lived and worked in the tech concentrated area in 2007, you could draw parallels easily now. In 2007, the housing market was hot with high interest rates, banks failing, stocks slowly going down, layoffs happening, job market getting reported as strong and the government promising everything as normal.

Only difference is that the lending practices were different at that time, but now the fed rate increases and inflation is driving a change.

All these things happened in 2007 and now we see the same happening 16 years later , worried what is going to happen next?

For folks who didn't work between 2006-2009 you would not know the craziness and hype that happened during that time. So all.i expect from you is to troll and comment without any idea."

[Paamu]

2024 presidential elections time varaki postponing a e Dems ? 

[AEO]

East and north facing side pothundhi Bhaiyya 

[krishnaaa]

2 hours ago, Arjun9 said:

As long as there are Inventory issues and current % rates staying flat or drop a bit -> housing market is going to stay strong. Infact rates padithe, house prices will Up even more.

Due to previous less interest locks, no one is selling homes and builders are doing controlled release like 4-5 lots per month.

With estimated 1M new customers pumping into market to buy houses.. Unless huge job cuts or huge new homes release, ippatlo padetattu ayithe em ledhu Market.

Just my thoughts

You are thinking in terms of present situation.

Currently even opts are buying houses.

Once job losses accelerate, the whole  psychology will change. Having a mortgage will be considered risky. Also with new apartment buildings coming up, rents will get controlled.