8% Mortgage rates - Home Inventory keeps rising

[RULER]

Builder are giving incentives 150 to 200k at all places ... Selling at pre-pandemic prices . I think this is the time to buy homes in November and December

Next year Q4 lo they will start cutting interest rates .. rates will be stable around 5%(pre-pandamic) and again demand for homes will go up

[AnandaVivek]

3 minutes ago, RULER said:

Builder are giving incentives 150 to 200k at all places ... Selling at pre-pandemic prices . I think this is the time to buy homes in November and December

Next year Q4 lo they will start cutting interest rates .. rates will be stable around 5%(pre-pandamic) and again demand for homes will go up

Nee comedy thagaleyya…pre pandemic

prices ekkada unnayi..andaman lo na!!!

[Bears]

5 minutes ago, RULER said:

Builder are giving incentives 150 to 200k at all places ... Selling at pre-pandemic prices . I think this is the time to buy homes in November and December

Next year Q4 lo they will start cutting interest rates .. rates will be stable around 5%(pre-pandamic) and again demand for homes will go up

Wake up wake up!! Maa vurloo still list price maintain avuthundhi, no question of incentives. Demand is still huge than supply. No way it can met in near future. Prices will go up starting next year

[Ravi860]

19 minutes ago, AnandaVivek said:

Nee comedy thagaleyya…pre pandemic

prices ekkada unnayi..andaman lo na!!!

prepandemic antha ledu le.. max 20% paddaye

[AnandaVivek]

Just now, Ravi860 said:

Austin lo 15-20% paddaye kada bro..may be not hot communities some of old homes 

Paddayi..20% pre pandemic prices ante 500k ki ravali inka 800 k unnayi

[Ravi860]

1 minute ago, AnandaVivek said:

Paddayi..20% pre pandemic prices ante 500k ki ravali inka 800 k unnayi

pre pandemic ayithe no way.. that ship is sailed thanks to historic low rates, only fools will give up low rate houses so that inventory never comes back mostly unless full assam velthe thappa economy

[RULER]

20 minutes ago, AnandaVivek said:

Nee comedy thagaleyya…pre pandemic

prices ekkada unnayi..andaman lo na!!!

 

15 minutes ago, Bears said:

Wake up wake up!! Maa vurloo still list price maintain avuthundhi, no question of incentives. Demand is still huge than supply. No way it can met in near future. Prices will go up starting next year

One month ago is different and now it is different ... List prices are high but builders are giving discount minimum of 100 K ...  lot of inventory in the market

Check lennar blowout sale ...

 

[AnandaVivek]

4 minutes ago, RULER said:

 

One month ago is different and now it is different ... List prices are high but builders are giving discount minimum of 100 K ...  lot of inventory in the market

Check lennar blowout sale ...

 

Alanti vi anni nammithe kannalesukuni aa appu theerchali!!!

[RULER]

24 minutes ago, AnandaVivek said:

Alanti vi anni nammithe kannalesukuni aa appu theerchali!!!

California homes in the Bay Area and Mid range cities in California are  easy discounts ranging from $100k to $200k from Lennar. Agents aren't sharing these prices with everyone but only with those who show genuine interest. It's all about how you negotiate, leading to people purchasing the same homes at different price ranges depending on the quoted rates.

..I'm not sure about other builders, my colleagues are  securing  homes valued at $840k for $650k t from Lennar. The $650k price reflects the rates in 2019 at our location. In 2017 and 2018, prices might have been between $500k and $600k. At least the 2019 price is favorable, but the interest rate is 8%

my friend is data engineer in Lennar ... he can see all promotions in every market ... what people are buying and how much incentives are being giving to people . He is seeing similar promotions ranging from 50k to 250k depends on home price... its all about the lennar agent you are dealing with ..

Guessing other builders are following same route 

[RULER]

.

[sureshkonda]

1 hour ago, RULER said:

Builder are giving incentives 150 to 200k at all places ... Selling at pre-pandemic prices . I think this is the time to buy homes in November and December

Next year Q4 lo they will start cutting interest rates .. rates will be stable around 5%(pre-pandamic) and again demand for homes will go up

red states lo prices thaggatle. demand is huge for new homes in these states.  people are trying to move away from crime ridden cities. 

[MckennaMcdonald]

It's great to hear about the success of those professionals, especially in high-demand fields like tech. And age is just a number when it comes to achieving your goals!  By the way, if you ever find yourself looking for financial advice or guidance, especially in the context of mortgages or home financing, especially in Solihull, consider reaching out to a Mortgage Broker in Solihull. They can provide expert insights for your specific needs.