Dallas lo house prices defenitely trending down

[Telugodura456]

New houses kooda waiting baane untunnai. So i dont know how long can they hold off not reducing prices.

[ZoomNaidu]

6 minutes ago, Telugodura456 said:

New houses kooda waiting baane untunnai. So i dont know how long can they hold off not reducing prices.

Nee yevva, Nee short trip tho Dallas ni Pippi Pippi chesthunnaav ga 

Aadantha manolley kadha, dhaani meedha endhuku yedupu 😃😃

[Aquaman]

anywhere its a pressure on builder if  new homes that are ready and not sold. 

they have to pay property taxes and also looks bad to sell other homes .

 

They will increase incentives and get rid of them asap. 

[Manishican]

1 hour ago, Telugodura456 said:

New houses kooda waiting baane untunnai. So i dont know how long can they hold off not reducing prices.

Fake news. People buying multiple homes 

[Konebhar6]

I don't think house prices are going to fall further even with rising interest rates. It paused and may be reduced 20% in Q42022/Q12023 but prices picking up again. There is too much of difference in supply vs demand.

I wish and hope I am wrong, lets see.

[gudboy]

dude you have no idea about dallas and the number of people with cash in hand waiting to buy

[Telugodura456]

1 minute ago, gudboy said:

dude you have no idea about dallas and the number of people with cash in hand waiting to buy

why am i seeing new houses in desi community also staying on redfin lists for days and days ?

It is already confirmed that non-desi areas there is a major slowdown.

[Telugodura456]

1 hour ago, ZoomNaidu said:

Nee yevva, Nee short trip tho Dallas ni Pippi Pippi chesthunnaav ga 

Aadantha manolley kadha, dhaani meedha endhuku yedupu 😃😃

thamaru dallas ?

[Telugodura456]

5 minutes ago, Konebhar6 said:

I don't think house prices are going to fall further even with rising interest rates. It paused and may be reduced 20% in Q42022/Q12023 but prices picking up again. There is too much of difference in supply vs demand.

I wish and hope I am wrong, lets see.

thats true. but when new houses also waiting means alaochinchanlsindhi.

Also what do you mean "further"  - already drop ayyindha ?

[gudboy]

1 minute ago, Telugodura456 said:

why am i seeing new houses in desi community also staying on redfin lists for days and days ?

It is already confirmed that non-desi areas there is a major slowdown.

its temporary dude..

[Konebhar6]

Q4 2022 / Q1 2023 prices have dropped or corrected. I am not sure about dallas, but I have seen this in Mountain House, San Ramon, Dublin, Pleasanton in California. But there is absolutely no inventory in market. Most people are not seeling as they bought with very low interest rates. Even a drop in prices do not effect as their monthly payments are less. 

[Telugodura456]

1 minute ago, Konebhar6 said:

Q4 2022 / Q1 2023 prices have dropped or corrected. I am not sure about dallas, but I have seen this in Mountain House, San Ramon, Dublin, Pleasanton in California. But there is absolutely no inventory in market. Most people are not seeling as they bought with very low interest rates. Even a drop in prices do not effect as their monthly payments are less. 

yes all that i agree. There is no inventory gatra. I dont know if correction already happened in dallas.

But what i am seeing is that new houses also waiting. These used to booked like hot cakes. and i suspect atleast some backed out.

[ZoomNaidu]

12 minutes ago, Telugodura456 said:

thamaru dallas ?

Bejawada ba.. 

[Variety_Pullayya]

  papam dallas anukoni oklahoma lo digesi untadu

[yoda123]

@Sonu_Patel just closed deal for sweet 16th home yesterday in dallas ...