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Housing Market Slowdown Continues

Chalanachithram.com DB » New TF Industry Related » Archive through September 06, 2018 » Housing Market Slowdown Continues « Previous Next »
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Optionsgenius
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Posted on Wednesday, September 05, 2018 - 09:02 am:       

Next year Raliegh lo toseyddam ani decide ayya..
 

Andhrawala
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Posted on Wednesday, September 05, 2018 - 06:28 am:       

Rusthum bro

This is the one.
https://www.danryanbuilders.com/communities/north-carolina/r aleigh/woodlands-at-flowers-plantation/

Interest rate 4.4 and downpayment is 25% of the price
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Rusthum
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Posted on Tuesday, September 04, 2018 - 11:06 pm:       


Andhrawala:

Xxx bhayya,

Still available. I booked last year August for 165K

Ippudu after one year around 10-15 k appreciation ani penchedu
https://www.danryanbuilders.com/communities/north-carolina/r aleigh/




aw uncle which one in that list? interest rate entha padindi? entha down payment?
Mass: nannu mod eppudu sestunnav?
Admin: The day when we decide to shut this db down, you will be the mod. I promise.
 

Andhrawala
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Posted on Tuesday, September 04, 2018 - 10:52 pm:       

Cavs brother

Sent PM with my contact information

How is 102 per month and property taxes are approximately 140 or 150 per month
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Cavs
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Posted on Tuesday, September 04, 2018 - 10:33 pm:       


Andhrawala:

Still available. I booked last year August for 165K

Ippudu after one year around 10-15 k appreciation ani penchedu
https://www.danryanbuilders.com/communities/north-carolina/r aleigh/


Nenu meku private message chesanu,,, kodhiga respond avvandii, meku time unnapudu..Akka property tax entha undhi, also HOA fee?
 

Andhrawala
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Posted on Tuesday, September 04, 2018 - 10:11 pm:       

Xxx bhayya,

Still available. I booked last year August for 165K

Ippudu after one year around 10-15 k appreciation ani penchedu
https://www.danryanbuilders.com/communities/north-carolina/r aleigh/
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Cheenu
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Posted on Tuesday, September 04, 2018 - 09:13 pm:       

Expected slow down ye.
China growth will have impact on RE market specially in US and Canada
 

Optionsgenius
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Posted on Tuesday, September 04, 2018 - 06:45 pm:       


Andhrawala:


on how many properties do you have primary secondary mortgages
 

Optionsgenius
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Posted on Tuesday, September 04, 2018 - 06:41 pm:       


Andhrawala:


uncle heloc is possible on only primary residences. How many primary residences do you have.
 

Xxx
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Posted on Tuesday, September 04, 2018 - 06:24 pm:       


Andhrawala:

epp 25% down. Padi vuntaayai ani thosesenuu




where still available?
-
 

Gotcha
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Posted on Tuesday, September 04, 2018 - 04:18 pm:       


Rebel:

80% of equity na ?


80% waste maa IL lo huntington ani bank 90% istadu kumeyandi if u have house in IL
...
 

Rebel
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Posted on Tuesday, September 04, 2018 - 04:12 pm:       


Andhrawala:

Suntrust kendi annai. Kekaa. He wa sthr Primaamry mortgage for one of my home


one of aa..enni unnay annoy..

HELOC entha istadu..80% of equity na ?
 

Andhrawala
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Posted on Tuesday, September 04, 2018 - 03:58 pm:       


OG Annai:

Suntrust vadu parvaledaa




Suntrust kendi annai. Kekaa. He wa sthr Primaamry mortgage for one of my home
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Optionsgenius
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Posted on Tuesday, September 04, 2018 - 03:38 pm:       


Andhrawala:




Suntrust vadu parvaledaa
 

Andhrawala
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Posted on Tuesday, September 04, 2018 - 02:27 pm:       

//
heloc echey 2-3 lenders perlu vadulu, nenu refinancing ki vadukunta

sebonic vadu anta heloc cheyyanu antunadu after refinancing as investment property with 25% currently 28% equity undi in dallas mansion
//

Try NBKC Bank. Also Wells Fargo, BAC or Credit Unions. May be Lendingtree as one stop
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Optionsgenius
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Posted on Tuesday, September 04, 2018 - 02:13 pm:       


Andhrawala:




Uncle heloc echey 2-3 lenders perlu vadulu, nenu refinancing ki vadukunta

sebonic vadu anta heloc cheyyanu antunadu after refinancing as investment property with 25% currently 28% equity undi in dallas mansion
 

Mamamiya786
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Posted on Tuesday, September 04, 2018 - 02:00 pm:       


Gotcha:

allas lo officecondos details kanukuni naa dagarra mee ATL vi chepaledu kada nuvvu appudu




nuvvu emi cheppavo ..nannu emi adigavo gurtu ledu ... ATL lo ippudu emanna kavalante cheppu.. GURI daggara info vunidi.....he is busy buying left and right yaaaa
Sensation(About Bala):He can win in atleast half of the segments in Rayalaseema. Emi matladutunnavo neeku telusa. He can contest any where in coastal and rayalaseema districts. I personally feel he should contest from Srikakulam dt.

Jagan|Modi|
 

Gotcha
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Posted on Tuesday, September 04, 2018 - 01:35 pm:       


Mamamiya786:

infact 1200 sq foot office condos dorakadam ledu


dallas lo officecondos details kanukuni naa dagarra mee ATL vi chepaledu kada nuvvu appudu
...
 

Andhrawala
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Posted on Tuesday, September 04, 2018 - 01:33 pm:       

//maaku property tax vaachi pothundi..

OG annai said if the Proeprty tax is more than 1-1.5% it can be passed on Section 8 tenants . heven HOA dues can be passed to Section 8 folks
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Mamamiya786
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Posted on Tuesday, September 04, 2018 - 01:32 pm:       


Andhrawala:

okka illu 25% down petti konnaa.




Atlanta lo housing and rental baane vund ....

infact 1200 sq foot office condos dorakadam ledu
Sensation(About Bala):He can win in atleast half of the segments in Rayalaseema. Emi matladutunnavo neeku telusa. He can contest any where in coastal and rayalaseema districts. I personally feel he should contest from Srikakulam dt.

Jagan|Modi|
 

Linkmaster
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Posted on Tuesday, September 04, 2018 - 01:31 pm:       


Andhrawala:




maaku property tax vaachi pothundi..
 

Linkmaster
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Posted on Tuesday, September 04, 2018 - 01:30 pm:       


Andhrawala:




unnay chaalaa..

1st time got HELOCK for 187K.. With that buying another one for 278K
 

Andhrawala
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Posted on Tuesday, September 04, 2018 - 01:24 pm:       


LinkMaster:

umm.. padi untaay.. but 25%x10 dabbu?..




Pirst okka illu 25% down petti konnaa.

after closing that house tooka HELOC and got 20% loan. alaa cycle continue sesaaa

Linkanna - meeku enni vunnaaayai.
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Linkmaster
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Posted on Tuesday, September 04, 2018 - 01:21 pm:       


Andhrawala:

Yepp 25% down. Padi vuntaayai ani thosesenuu.





umm.. padi untaay.. but 25%x10 dabbu?..
 

Gotcha
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Posted on Tuesday, September 04, 2018 - 01:04 pm:       


Andhrawala:


awesome meeku asale property taxes very very takuva so rent anta jebuloke enjoy.
...
 

Andhrawala
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Posted on Tuesday, September 04, 2018 - 01:00 pm:       


Gotcha:

10 houses in a single community for rental is very big number kada.




Brand new community. Price below 180K but rent around 1300-1400 kabatti crazy gaan konnaaru for investment ki

Supply ekkuva avvtam plus kkonchem, downtrend amo ani naa anumaanam


OG annai:

How did you buy this many homes, did you buy as investment property with 25% down?

Thanks




Yepp 25% down. Padi vuntaayai ani thosesenuu.
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Rajusk
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Posted on Tuesday, September 04, 2018 - 12:52 pm:       


Andhrawala:

Posted on Tuesday, September 04, 2018 - 12:07 pm:       
around 10 Town homes available for rent. rent also very affordable 1300-1395.





Andhrawala:

Posted on Tuesday, September 04, 2018 - 12:40 pm:       
Now the number of houses on market is around 7.





Gotcha:

10 houses in a single community for rental is very big number kada.




30 minutes lo 3 houses renting ante ..fast moving ae gaa..:D
 

Optionsgenius
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Posted on Tuesday, September 04, 2018 - 12:49 pm:       


Andhrawala:


How did you buy this many homes, did you buy as investment property with 25% down?

Thanks
 

Sannayi_nokkulu
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Posted on Tuesday, September 04, 2018 - 12:48 pm:       

How about mansions market?
sachipotava , avineethi ga batukutava okkate option ante alochinchakunda chachipotaa ane type cbn - OT
 

Gotcha
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Posted on Tuesday, September 04, 2018 - 12:44 pm:       


Andhrawala:

Now the number of houses on market is around 7.


10 houses in a single community for rental is very big number kada.
...
 

Rajusk
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Posted on Tuesday, September 04, 2018 - 12:43 pm:       


Bunty717:

a community lo 10 TH's rent ki available.. lucky ga AW di ayindi first ani meaninf of NC..




maaku telidu eti ..
 

Andhrawala
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Posted on Tuesday, September 04, 2018 - 12:40 pm:       


Bunty:

aa community lo 10 TH's rent ki available.. lucky ga AW di ayindi first ani meaninf of NC..




Bunthy annai,

Raju Bhai ki theleedhaa. ayna edho just naa leg pulledu

Now the number of houses on market is around 7.
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Bunty717
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Posted on Tuesday, September 04, 2018 - 12:36 pm:       


Rajusk:

clear gaa ne cheppadu gaa




aa community lo 10 TH's rent ki available.. lucky ga AW di ayindi first ani meaninf of NC..
 

Sp1234
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Posted on Tuesday, September 04, 2018 - 12:31 pm:       


Rajusk:

clear gaa ne cheppadu gaa



catch cheyaledu.. i am thinking aa # inka ekkuve. adhi just one area for RE shark
 

Rajusk
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Posted on Tuesday, September 04, 2018 - 12:29 pm:       


Sp1234:

nee portfolio lo enni rental properties unnai US la



Andhrawala:

around 10 Town homes available for rent




clear gaa ne cheppadu gaa
 

Sp1234
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Posted on Tuesday, September 04, 2018 - 12:22 pm:       


Andhrawala:

Latakkuna agreement sign chesaa as I cant afford any more vacancies.



annai..nee portfolio lo enni rental properties unnai US la
 

Rajusk
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Posted on Tuesday, September 04, 2018 - 12:19 pm:       


Andhrawala:

My property which I closed end of June was lying vacant. around 10 Town homes available for rent.




mee 10 townhomes lo migitha 9 inka rent ki poleda ?
 

Linkmaster
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Posted on Tuesday, September 04, 2018 - 12:17 pm:       


Saarang:




Chicago?
 

Gotcha
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Posted on Tuesday, September 04, 2018 - 12:08 pm:       


Andhrawala:

1300-1395.


kummu 150K house ki 1400 rent ante keka
...
 

Andhrawala
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Posted on Tuesday, September 04, 2018 - 12:07 pm:       


Saarang:

not sure about east coast markets.




NC lo koodaa rental market was down. My property which I closed end of June was lying vacant. around 10 Town homes available for rent. rent also very affordable 1300-1395.

Finally got a tenant with move-in date of 15th September.

Latakkuna agreement sign chesaa as I cant afford any more vacancies.
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Saarang
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Posted on Tuesday, September 04, 2018 - 11:59 am:       


Rebel:

sarang,
ee open door lanti apps reliable..they r giving reasonable offers to by houses..what the funda




Never used them...but they raised good money and seem to be a good company. Pedda risk emi undadu when you are selling....they will clearly spell what is the selling price and what are the sellingcosts...their main advantage is cutting down on real estate commissions and not every one might have the energy/time to find contractors and complete the repairs when they are moving.
 

Optionsgenius
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Posted on Tuesday, September 04, 2018 - 11:42 am:       

Good konchem slow down avvali Housing market. Canada lo kooda baga taggalli next 1 year lo if fossible atu kooda oka house tosthey padi untundi

 

Rebel
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Posted on Tuesday, September 04, 2018 - 11:32 am:       

sarang,
ee open door lanti apps reliable..they r giving reasonable offers to by houses..what the funda
 

Saarang
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Posted on Tuesday, September 04, 2018 - 11:23 am:       


Siloan:

next 3 years lo interest rates padataaya?




3 years ante bahuth door...they would drop if there is a recession...next 1 year ayithe unlikely to drop.
 

Siloan
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Posted on Tuesday, September 04, 2018 - 10:58 am:       


Saarang:



next 3 years lo interest rates padataaya?
 

Bunty717
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Posted on Tuesday, September 04, 2018 - 10:58 am:       


Saarang:

not sure about east coast markets.


idi kuda slow ne undi..

atleast maa area lo..

last yr chaala fast ga move ayevi.. ippudu few communities lo fast ga move avutunnayi.. migilanavi.. konni ayite months nunchi market lo unnayi.. malli 22good houses..
 

Saarang
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Posted on Tuesday, September 04, 2018 - 10:57 am:       


Time_waste:

Sarangayana commercial RE medha no effect I think?




peddaga track cheyyanu annai...i think its more complex as it has so many different types...but generally booming areas seem to be doing well.
 

Uno
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Posted on Tuesday, September 04, 2018 - 10:50 am:       


Saarang:




It's world wide phenomenon..starting from Australia to Vancouver
China growth has slowed down and my slow down further due to US trade war and tariffs
The rakes hikes may also be one of the reason
I think housing market will slowdown further
 

Time_waste
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Posted on Tuesday, September 04, 2018 - 10:50 am:       

Sarangayana commercial RE medha no effect I think?
 

Saarang
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Posted on Tuesday, September 04, 2018 - 10:47 am:       

Seattle lo drastic slow down...many west coast and tx markets lo kooda slow down...not sure about east coast markets.

https://www.seattletimes.com/business/real-estate/seattle-de throned-as-nations-hottest-housing-market-for-first-time-in- nearly-two-years/

Las Vegas is now the nation's hottest housing market, overtaking Seattle, which had held the top spot every month since August 2016. The monthly Case-Shiller home price index, released Tuesday, showed Las Vegas had overtaken Seattle as the nation’s hottest housing market.
Fastest-rising home prices

Seattle had topped the country for 21 months in a row, the second-longest streak for any metro area in the closely-watched report’s 31-year history. (Portland had done so for 23 months in the early ’90s).

But the housing market here has cooled way down, with King County prices dropping from their spring highs as inventory has shot up and sales have dropped.

Seattle home prices have surpassed Los Angeles, New York and San Diego in the last four years

The Case-Shiller numbers don’t reflect the full scope of the slowdown yet: Partially because it includes a three-month moving average through June (things have cooled even more since then), and also because it reflects the entire metro area (Pierce and Snohomish counties haven’t slowed down quite as much as King).

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