WE SOUTH DAKOTANS NEAR BEST IN MANAGING OUR CREDIT CARD DEBT - 11/24/09 12:52 AM

Transunion reports today that South Dakota has one of the lowest credit card delinquincy rates in the country.  Nevada was highest at near 2%, while South Dakota was second lowest at about 0.7%.This probably says something about how we manage debts and pay them off, in general.  Which probably also helps expain why our home prices are holding relatively steady while the rest of the U.S. market goes on roller coaster real estate thrill rides.
 
Posted by Lee Alley, www.BHhomes.INFO, Rapid City, Black Hills, SD at 7:20 AM  
Labels: Market Conditions
 
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WHAT HOUSING CRISIS? SOUTH DAKOTA 2ND LOWEST MORTGAGE DELINQUENCY RATE IN U.S. - 11/18/09 06:23 AM

As we reported here on Black Hills mortgage delinquincy rates last quarter, our mortgage delinquincies continued this quarter at near the lowest in the entire country according to Transunion.  If anyone still dreams that real estate in the Black Hills is for bottom-fishing, this should be a wake up call.   Our volume of new listings and unsold inventory is way down.  Foreclosures in the Black Hills are near the lowest in the entire nation.  But for the lower-volume market we do have, prices remains quite strong when compared to the rest of the U.S.We won't belabor the point.  It's already been made.  … (1 comments)

12-POINT GUIDE TO THE -TWO- EXTENDED HOMEBUYER TAX CREDITS - 11/11/09 06:29 AM

It just got better and also more complicated.  On November 6 President Obama signed the Extended Homebuyer Tax Credit.  The November 30 deadline is gone.  The $8,000 cash incentive for first-time buyers has been extended to next year.  Congress even added a $6,500 credit for current and former owners to buy again.  This new program is considerably more complicated because the number of eligibility criteria for both you and for the home you purchase, have increased.  There are also many more policy guidances, to cover various scenarios for your income, purchase type (e.g., contract for deed), your relationship with the … (2 comments)

 
Lee  Alley, Rapid City Area Communities (Senior Friendly Living, LLC) Rainmaker_large

Lee Alley

Rapid City Area Communities

Rapid City, SD

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Senior Friendly Living, LLC

Address: 550 N. 5th Street, Rapid City, SD, 57701

Office Phone: (605) 863-0806

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The purpose of this blog is to help people who are considering moving into one of the six Black Hills communities close to Rapid City, South Dakota.

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