Topics | Search Log Out | Register | Edit Profile
Hide Clipart | Banned/Unbanned User Log | Moderator Login History | Thread Delete/Move Log | Last 30 mins | 1 | 2
Redfin CEO: Housing market has hit a ...

Chalanachithram.com DB » New TF Industry Related » Archive through August 13, 2018 » Redfin CEO: Housing market has hit a significant slowdown « Previous Next »
Author Message
 

Saarang
Hero
Username: Saarang

Post Number: 17779
Registered: 06-2012
Posted From: 66.25.5.81

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:53 pm:       


Maverick:

spring varaku baaga undi..slept after that.ammatam enti? where are u now




sold their first home few years bacl.
 

Saarang
Hero
Username: Saarang

Post Number: 17777
Registered: 06-2012
Posted From: 66.25.5.81

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:46 pm:       


Spy_india:

Maverick:

summer padukundi..which is very unexpected.

hmmm ee assumption nunchi bayatakiravalemo ..

mem ammindi aug lo ... dec ki 25k perigindi :D inka aa taravata seppakkarledu




Last few years nundi prices were increasing in all seasons...but growth rate was more in spring and early summer. Winter lo market is slow, due to school season being done and weather. Ee winter koncham ekkuva drop undocchu as inventory is building up.
 

Starc
Side Hero
Username: Starc

Post Number: 7702
Registered: 03-2015
Posted From: 98.110.232.191

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:42 pm:       

market is down and all new construction is not sold just becoz of H1b issues
 

Maverick
Legend
Username: Maverick

Post Number: 69961
Registered: 01-2008
Posted From: 73.239.22.111

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:39 pm:       


Spy_india:

mem ammindi aug lo ... dec ki 25k perigindi inka aa taravata seppakkarledu


spring varaku baaga undi..slept after that.ammatam enti? where are u now
There's a cacophony in the truth, A melody in lies and it accompanies one on every journey, From the lows to the highs
 

Spy_india
Hero
Username: Spy_india

Post Number: 12057
Registered: 02-2008
Posted From: 206.29.176.77

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:36 pm:       


Maverick:

summer padukundi..which is very unexpected.




hmmm ee assumption nunchi bayatakiravalemo ..

mem ammindi aug lo ... dec ki 25k perigindi :D inka aa taravata seppakkarledu
 

Gotcha
Legend
Username: Gotcha

Post Number: 31213
Registered: 02-2008
Posted From: 107.77.85.66

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:36 pm:       


Bunty717:

i


dallas lo commercial property kontanu ante cheppu ippista
...
 

Maverick
Legend
Username: Maverick

Post Number: 69960
Registered: 01-2008
Posted From: 73.239.22.111

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:30 pm:       

summer padukundi..which is very unexpected.
There's a cacophony in the truth, A melody in lies and it accompanies one on every journey, From the lows to the highs
 

One
Hero
Username: One

Post Number: 18861
Registered: 09-2008
Posted From: 73.43.31.78

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:30 pm:       


Rebel:

home prices oka 10-50% padithe expectation vs reality diff telsukuntarle


adey addiga .. down avuthey lite thesukontam ..short sale lo 2 yrs happy ga intilo vundachu anta ..mind block ayyindi .. nowadays ppl buying with 5% down
 

Rebel
Hero
Username: Rebel

Post Number: 16823
Registered: 02-2008
Posted From: 173.25.226.19

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:29 pm:       


Gotcha:

Market next year kinakestadi anukunta


next year daaka enduku...already padukundi ga last 2 months nunchi
 

One
Hero
Username: One

Post Number: 18860
Registered: 09-2008
Posted From: 73.43.31.78

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:27 pm:       


Emc2:

no chance, not even in 2008 market 50% padaledu.


chala states lo padayi
 

Maverick
Legend
Username: Maverick

Post Number: 69959
Registered: 01-2008
Posted From: 73.239.22.111

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:27 pm:       

desi buying taggindi due to h1 scares.. interest rates rose, prices rose like anything..slow down avvaka emavutundi
There's a cacophony in the truth, A melody in lies and it accompanies one on every journey, From the lows to the highs
 

Rebel
Hero
Username: Rebel

Post Number: 16822
Registered: 02-2008
Posted From: 173.25.226.19

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:27 pm:       


One:

1mil+ houses with single paycheck + H1B.. they are expecting price hike


home prices oka 10-50% padithe expectation vs reality diff telsukuntarle
 

Emc2
Legend
Username: Emc2

Post Number: 70366
Registered: 03-2008
Posted From: 71.127.33.124

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:26 pm:       


Bunty717:

ikkada RE oka 50% padipote bagunnau




no chance, not even in 2008 market 50% padaledu..

especially after sub prime crisis every one is more cautions

mortgage rates cut chesthe malli momentum vasthadi..

sit tite

It's ok

 

Bunty717
Legend
Username: Bunty717

Post Number: 57103
Registered: 02-2008
Posted From: 161.185.160.92

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:25 pm:       


Gotcha:

closing undi 3 units inko 2 months lo


annai serious Q.. neeku loans elaa approve avutunnayi.. maaki ikkada ittadi ayipotndio.. aa documentation ki..
 

Maverick
Legend
Username: Maverick

Post Number: 69958
Registered: 01-2008
Posted From: 73.239.22.111

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:25 pm:       

ninna redfin list chesindi inkevaro ammaru pakkana community lo..
There's a cacophony in the truth, A melody in lies and it accompanies one on every journey, From the lows to the highs
 

Gotcha
Legend
Username: Gotcha

Post Number: 31212
Registered: 02-2008
Posted From: 96.87.93.22

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:24 pm:       

Market next year kinakestadi anukunta amma denemma asalke closing undi 3 units inko 2 months lo
...
 

Bunty717
Legend
Username: Bunty717

Post Number: 57102
Registered: 02-2008
Posted From: 161.185.160.92

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:24 pm:       


One:


 

One
Hero
Username: One

Post Number: 18857
Registered: 09-2008
Posted From: 73.43.31.78

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:23 pm:       


Bunty717:

$ oka 30 ki vochesi.. ikkada RE oka 50% padipote bagunnau


 

One
Hero
Username: One

Post Number: 18856
Registered: 09-2008
Posted From: 73.43.31.78

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:23 pm:       


Emc2:

good, it has to slow down..otherwise it will be a bubble..

slow down is good, so market can sustain longer


indians buying houres like anything .. 1mil+ houses with single paycheck + H1B.. they are expecting price hike
 

Bunty717
Legend
Username: Bunty717

Post Number: 57101
Registered: 02-2008
Posted From: 161.185.161.18

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:23 pm:       


Emc2:

slow down is good, so market can sustain longer


$ oka 30 ki vochesi.. ikkada RE oka 50% padipote bagunnau..
 

One
Hero
Username: One

Post Number: 18855
Registered: 09-2008
Posted From: 73.43.31.78

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:22 pm:       


Gochi:

chinese population contributes to 50% of sales in Seattle


 

Emc2
Legend
Username: Emc2

Post Number: 70364
Registered: 03-2008
Posted From: 71.127.33.124

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:21 pm:       

good, it has to slow down..otherwise it will be a bubble..

slow down is good, so market can sustain longer

It's ok

 

Gochi
Side Hero
Username: Gochi

Post Number: 3735
Registered: 12-2006
Posted From: 64.121.67.210

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:17 pm:       

Seattle slowdown is bcos of chinese people backing out ani article chadivaa ninna..chinese population contributes to 50% of sales in Seattle anta and they are not buying due to trade war concerns as well as their currency going down making homes very expensive..
 

Uno
Side Hero
Username: Uno

Post Number: 3075
Registered: 03-2016
Posted From: 99.231.161.157

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 01:11 pm:       

I think it is ripple effect of worldwide housing market slow down
 

Saarang
Hero
Username: Saarang

Post Number: 17776
Registered: 06-2012
Posted From: 66.25.5.81

Rating: N/A
Votes: 0 (Vote!)

Posted on Friday, August 10, 2018 - 12:58 pm:       

Redfin stock dives after top exec says sudden downfall is expected to continue in August and September. The housing market hit a sudden and "significant" slowdown in the past few weeks that could continue in coming months, Redfin Corp's chief executive said Thursday afternoon.

Redfin RDFN, -15.56% stock, which fell in extended trading after the forecast was made public, saw that decline accelerate to a loss of almost 10% after Kelman spoke Thursday afternoon, but he did not hold back. He said a decline in U.S. home sales in June was expected to reappear in August and September after a slight relief in July, specifically calling out difficulties in markets on the West Coast that have driven home sales higher in the past few years.

"For the first time in years, we are getting reports from managers of some markets that home buyer demand is waning, especially in some of Redfin's largest markets," Kelman said, specifically calling out Seattle, Portland and San Jose as areas where inventory was still tight but did not seem to be pushing prices higher still.

"June sales were down in these markets by double-digits and inventory was up also by double-digits," he said of the West Coast cities. "The trend is continuing in July and reports are now coming in from Washington, D.C.; Boston; Virginia and parts of Chicago as well that homes there are getting harder to sell."

Zillow also had issues after its earnings report earlier this week, falling 16.3% Tuesday after also announcing a forecast that was weaker than expected.
Redfin, which went public just more than a year ago, has seen shares decline 26.1% this year, as the S&P 500 index SPX, -0.58% has gained 6.9%. After its big fall earlier this week, Zillow has still gained 25.1% on the year, and has a market capitalization of $10.3 billion, about five times more than Redfin.

Add Your Message Here
Post:
Bold text Italics Underline Create a hyperlink Insert a clipart image HASH(0x92e4488){Movie Clipart}
Show / hide regular icons selection options

Click on following links to open cliparts by Alphabetical Order

 A   B   C   D   E   F   G   H   I   J   K   L   M  

N   O   P   Q   R   S   T   U   V   W   X   Y   Z  

Show / Hide Filmy icons selection options

Click on following links to open cliparts by Alphabetical Order

  A   B   C   D   E   F   G   H   I   J   K   L   M  

N   O   P   Q   R   S   T   U   V   W   X   Y   Z  

Username: Posting Information:
This is a public posting area. Enter your username and password if you have an account. Otherwise, enter your full name as your username and leave the password blank. Your e-mail address is optional.
Password:
E-mail:
Options: Enable HTML code in message
Automatically activate URLs in message
Action: