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U.S. existing-home sales drop in October to lowest level since 2010


Mr Mirchi

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33 minutes ago, perugu_vada said:

where r u from uncle @megadheera ?

Austin move autha anukunte .. 1 thing i recommend u do is .. ochi 1 full yr undu .. becos allergies ki issues osthe .. u will regret of buying house and getting stuck

2-3 yr old houses thakkuva k osthaay uncle.. like 200/sft or so ki North Austin side aithe 

 

30 minutes ago, csrcsr said:

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Cc @ARYA

 

28 minutes ago, perugu_vada said:

idhi-yaaparam-bramhi.gif

asstinn roxsss antunna bay area asstin expatss..

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1 hour ago, Mirzapur_kattappa said:

As per @Manishican people are still buying multiple homes at 8% .. he is getting more toilet cleaning contracts ?

 

he just told one hour ago that people are still buying three homes 

Nuvvu chesi job gurinchi chepthaventra LK

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1 hour ago, Mr Mirchi said:

U.S. existing-home sales drop in October to lowest level since 2010

But The median price of an existing home sold in October was $391,800, an increase of 3.4% from October 2022.

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40 minutes ago, csrcsr said:

Thata not true emo  bro may be the candidate credit or down payment constraintsbi guess , because friend closed in pulte in Lathrop ita conventional  mari dallas rules teliyadu

 

candidate kadu.. they are advertising only FHA buydown

brightlandhomes.com 

*Special interest rate incentive covered by Brightland Homes. This exclusive offer is only valid with Brightland Homes and Brookhollow Mortgage Services for an FHA loan. Year one rate 4.75%. Year two rate 5.75% and years 3-30 rate is 6.75%. For a $475,000 loan, the monthly Principle & Interest (P&I) payment is $2477.82 for year 1, the monthly P&I payment for year 2 is $2771.97, and the monthly P&I payment for years 3-30 is $3080.83. Buyer pays 1 discount point, normal closing costs, escrows/prepaids and hoa’s. Loan will have a 7.0778 Annual Percentage Rate (APR). The estimated monthly payment does not include tax or insurance premiums. The actual payment amount will be greater. Rates listed are based on a 3.5% down payment for an owner -occupied property and assume the borrower has a minimum mid credit score of 740 and a max 44 debt-to-income (DTI). Lower scores and/or higher ratios can result in additional cost or higher rate to borrower or inability to qualify. Rates are effective as of 11/02/2023 and are subject to change. Borrower must use Brookhollow Mortgage Services to finance their loan to receive this special financing offer. Loan must fund within 30 days of the lock date. Brookhollow Mortgage Services, LTD / Company NMLS 293610 / 15725 N Dallas Parkway, Suite 515 Addison, TX 75001 / Corp: 469-680-3664. All loans are subject to qualifying. Equal Opportunity Lender

 

*^The mortgage calculator is for informational purposes only and provides monthly payment approximations. Interest rates are hypothetical.  Your interest rate may be higher or lower based on individual circumstances. For information about market rate trends, visit https://www2.optimalblue.com/obmmi/. On select inventory homes that contract on or after 10/30/23, but no later than 12/31/23 and close on or before 1/31/24.   Example: Homesite F-21 at Ascend at Creekshaw.  Other homes at Ascend at Creekshaw or at other communities may or may not offer different rate programs.  Seller will pay the temporary buydown for the first two years of the loan, which will temporarily reduce the monthly payment thereby lowering the effective interest rate for the first two years of an owner-occupied, 3.5% down payment FHA loan. The example is with an interest rate of 5.99% (6.785% APR) 30 Year Fixed FHA mortgage, sales price of $435,000, and total loan amount of $427,095.  Year 1: 3.99% (6.785% APR), Year 2: 4.99% (6.785% APR) Years 3 – 30: 5.99% (6.785% APR). Special Interest Rate Financing may change or not be available or funds may be exhausted at the time of loan commitment, lock-in or closing. This is a limited time promotion. Mortgage Insurance Premium (MIP) is required at an upfront rate of 1.75% and is financed, in addition to monthly MIP at the required annual rate. Flood insurance may be required. This offer may change or be cancelled without prior notice. Seller is not acting on behalf of or at the direction of HUD/FHA or the Federal government. Seller is not a lender. Buyer is not required to finance through K. Hovnanian American Mortgage, L.L.C. (“KHAM”) to purchase a home; however, financing through KHAM is required to receive incentive.  Offer and subject to all RESPA guidelines. This is not a commitment to lend. Buyer is subject to credit and underwriting qualifications, and investor program guidelines. Not available on all homes or in all communities or states. For information about market

 

*The 5.75% interest rate is valid on inventory contracts written between November 3rd–30th, 2023 and closed by January 31st, 2024. The interest rate as of 11/7/2023 at 12:00 p.m. CST is 5.75% with a 30-year FHA / VA fixed-rate mortgage and a 3.5% down payment. Rate is not guaranteed until locked with M/I Financial, LLC (NMLS# 50684). The ANNUAL PERCENTAGE RATE is 6.511% and is based on a sales price of $425,000 with a loan amount of $415,874. Discounts vary by product, homesite, and community. 

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1 hour ago, perugu_vada said:

where r u from uncle @megadheera ?

Austin move autha anukunte .. 1 thing i recommend u do is .. ochi 1 full yr undu .. becos allergies ki issues osthe .. u will regret of buying house and getting stuck

2-3 yr old houses thakkuva k osthaay uncle.. like 200/sft or so ki North Austin side aithe 

From PA uncle. 

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12 minutes ago, Paamu said:

Inflation ? 

I believe people are still buying houses hoping interest rates will fall soon. Many People have lots of cash. Some are waiting and some are buying. Unemployment rate is also very low.

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5 hours ago, Manishican said:

But The median price of an existing home sold in October was $391,800, an increase of 3.4% from October 2022.

Price ki sales difference telvadha ra Saleem feku nuvvu.. show the proof that people getting 3 homes in 8% 

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