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Andhravodu
Kurra Bewarse
Username: Andhravodu
Post Number: 2606
Registered: 04-2017
Rating: N/A
Votes: 0 (Vote!) | | Posted on Thursday, December 03, 2020 - 9:10 am: |
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Entrepreneur:With active fault lines it is not possible kadha
Japan has similar or much more dangerous fault lines and is the size of California. They are accommodating 150 million people comfortably compared to 40 million in california
japanese houses are built different than calif, but at some point, it's borderline criminal behavior by calif govt |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 2753
Registered: 05-2011
Rating: N/A
Votes: 0 (Vote!) | | Posted on Thursday, December 03, 2020 - 9:01 am: |
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Andhravodu:janalu decades nunchi asking that bay area has to build vertically ani, govt doesn't do it.
With active fault lines it is not possible kadha
hayward fault line
https://pubs.usgs.gov/of/2008/1135/of2008-1135.pdf |
Andhravodu
Kurra Bewarse
Username: Andhravodu
Post Number: 2605
Registered: 04-2017
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, December 02, 2020 - 10:51 pm: |
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Entrepreneur:strict land conservation laws
bay area conservation is limited factor
janalu decades nunchi asking that bay area has to build vertically ani, govt doesn't do it. Single family stock unchi, buildings ki earthquake ani permissions ivvaru
Funny thing is, CA prices are a bargain compared to europe and if you factor in earnings/weather, it's not even close. Prices in CA are not going to come down in the foreseeable future |
Medical_miracle
Kurra Bewarse
Username: Medical_miracle
Post Number: 2023
Registered: 08-2020
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, December 02, 2020 - 9:50 pm: |
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Enterprenuer//
it is saavan community. meeru RTP area naa undedi.
Previous ID ' Lolakulu'
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Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 2750
Registered: 05-2011
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, December 02, 2020 - 9:02 pm: |
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Andravodu - Land kuda takkuva kadha bayarea lanti places lo with strict land conservation laws unlike Texas which has acres and acres of land. How is it now in Dublin, San Ramon, Warm Springs?
Smaller places lo kuda price change 10 to 15k difference unna, design center upgrades lo chala manipulations chusa so over all 30 to 40k to 50K difference untundhi from the initial house in new community to the last one. Square footage kuda takkuntundhi.
Miracle - which specific one in ashtonwood?https://www.ashtonwoods.com/raleigh |
Medical_miracle
Kurra Bewarse
Username: Medical_miracle
Post Number: 2022
Registered: 08-2020
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, December 02, 2020 - 11:23 am: |
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Andhravodu:most of west coast, they really limit new home permits, so people buy existing homes at whatever prices the market sets
it's great for people who own a house, but market lo new buyers ki rangu paduddi
I guess put CA state aside. it is more mentally deranged state. if you are living in california then CA state needs Reps need to be in power. It is need of the hour. Dems ruined CA state ani naa strong belief. But other states lo dems one are more tightly controlled in real estate ani ippude telusukunna.
Previous ID ' Lolakulu'
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Kodibochu
Kurra Bewarse
Username: Kodibochu
Post Number: 3690
Registered: 04-2019
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, December 02, 2020 - 11:13 am: |
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Andhravodu:Not every home in CA sells for 2 million le, but hot markets lo 100k above asking is quite common
CA, Seattle and portland housing competition is another level
now, if Raleigh limit new construction work, you'll have same issue too, but NC and east coast somewhat sensible policies untayi
dem controlled states lo housing limit chesi, costs raise chesi padestaru. But 2 token words about income inequality and taxing rich people, janalu will vote dems only. I don't get it
oh.ok. Thnaks. |
Andhravodu
Kurra Bewarse
Username: Andhravodu
Post Number: 2604
Registered: 04-2017
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, December 02, 2020 - 11:08 am: |
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old article, but from 2011 to 2014, city of Houston had more new home permits than entire state of CA
https://californiapolicycenter.org/california-vs-texas-in-one-chart/
I'm seeing similar stuff in NC now. Charlotte lo new home building is slowed down compared to what it was. Most new construction is outside city of charlotte limits / south carolina |
Andhravodu
Kurra Bewarse
Username: Andhravodu
Post Number: 2603
Registered: 04-2017
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, December 02, 2020 - 10:57 am: |
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Medical_miracle:
most of west coast, they really limit new home permits, so people buy existing homes at whatever prices the market sets
it's great for people who own a house, but market lo new buyers ki rangu paduddi |
Medical_miracle
Kurra Bewarse
Username: Medical_miracle
Post Number: 2021
Registered: 08-2020
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, December 02, 2020 - 10:44 am: |
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Andhravodu:dem controlled states lo housing limit chesi, costs raise chesi padestaru.
Hmmm. is this true?
Previous ID ' Lolakulu'
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Andhravodu
Kurra Bewarse
Username: Andhravodu
Post Number: 2602
Registered: 04-2017
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, December 02, 2020 - 10:25 am: |
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Kodibochu:
Not every home in CA sells for 2 million le, but hot markets lo 100k above asking is quite common
CA, Seattle and portland housing competition is another level
now, if Raleigh limit new construction work, you'll have same issue too, but NC and east coast somewhat sensible policies untayi
dem controlled states lo housing limit chesi, costs raise chesi padestaru. But 2 token words about income inequality and taxing rich people, janalu will vote dems only. I don't get it |
Kodibochu
Kurra Bewarse
Username: Kodibochu
Post Number: 3688
Registered: 04-2019
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, December 02, 2020 - 10:14 am: |
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Andhravodu:aleigh lo maybe 8-10k extra esi kontaru house price ki. Think 50k-200k above listing price and that's what you buy house in Calif hot markets
It is very subjective and depends up on the market price in that area. Paying 50K premium for a two million house and 10K for a 400K house are same. |
Andhravodu
Kurra Bewarse
Username: Andhravodu
Post Number: 2601
Registered: 04-2017
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, December 02, 2020 - 10:08 am: |
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Medical_miracle:
Raleigh is good, but housing market lo CA mundu nothing compares
raleigh lo maybe 8-10k extra esi kontaru house price ki. Think 50k-200k above listing price and that's what you buy house in Calif hot markets |
Medical_miracle
Kurra Bewarse
Username: Medical_miracle
Post Number: 2019
Registered: 08-2020
Rating: N/A
Votes: 0 (Vote!) | | Posted on Tuesday, December 01, 2020 - 2:47 pm: |
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Entrepreneur:
RTP area sales mundu migatha anni markets jujubi. newer constructions kuda lots release ayina 1 min lo sales ayipothunnayi. Supply undi alage Demand kuda undi ikkada. stable market idi. even town homes kuda within days lo sale avuthunnayi
Previous ID ' Lolakulu'
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Medical_miracle
Kurra Bewarse
Username: Medical_miracle
Post Number: 2018
Registered: 08-2020
Rating: N/A
Votes: 0 (Vote!) | | Posted on Tuesday, December 01, 2020 - 2:45 pm: |
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Kodibochu:Raleigh,NC
Super fast gas sale avuthunnaayi ikkada
Yes KB garu. Newer houses market loki raakamunde contingent sale lo ki velthunnayi ee RTP area lo. last 3 years lo hottest market idi. monna oka friend ki ashtonwoods lo enni kashtalu paddado. aa waiting list NBNB.
Previous ID ' Lolakulu'
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Kodibochu
Kurra Bewarse
Username: Kodibochu
Post Number: 3677
Registered: 04-2019
Rating: N/A
Votes: 0 (Vote!) | | Posted on Tuesday, December 01, 2020 - 1:34 pm: |
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Raleigh,NC
Super fast gas sale avuthunnaayi ikkada |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 2733
Registered: 05-2011
Rating: N/A
Votes: 0 (Vote!) | | Posted on Tuesday, December 01, 2020 - 1:19 pm: |
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If you are in any of the following local markets, please post your findings. TIA |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 2732
Registered: 05-2011
Rating: N/A
Votes: 0 (Vote!) | | Posted on Tuesday, December 01, 2020 - 1:17 pm: |
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The top 25 markets in order are:
Dallas-Fort Worth, TX
Houston, TX
Phoenix, AZ
Atlanta, GA
Austin, TX
Tampa, FL
Charlotte, NC
Orlando, FL
Nashville, TN
Washington, DC
Jacksonsville, FL
Riverside/San Bernardino, CA
Denver, CO
Seattle, WA
Minneapolis, MN
Los Angeles/Orange County, CA
Raleigh, NC
New york, NY
Miami/Ft. Lauderdale, FL
San Antonio, TX
Indianapolis, IN
Las Vegas, NV
Chicago, IL
Sacramento, CA
Portland, OR |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 2731
Registered: 05-2011
Rating: N/A
Votes: 0 (Vote!) | | Posted on Tuesday, December 01, 2020 - 1:13 pm: |
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I am observing lot of rational/irrational exuberance in top real estate markets both due to customer needs, market conditions (lumber pricing increases) etc.
Real Estate Market Observations:
1. Inventory down 37% Y/Y in top markets
2. Median Existing Home Prices +15% in OCT
3. Builders Raising Prices
4. Sense of Urgency to enter Homeownership |
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