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Rapid City, SD Real Estate News

By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
JUST RELEASED!TRISTAN AND HIS WHITEBOARDBUYER VIDEO SERIES EPISODES 9.1, 9.2, 9.3, 9.4  Tristan and his WHITEBOARD - Home Inspection   Now that the offer is signed and accepted, and you've been out all night celebrating... It's time to rock and roll. Let's get the home inspection started! {Yes - you should get a home inspection (see episode 9.4)...} In Episode 9.1, we break down the contract side of the inspection...time frames, things to expect, what to watch out for. Episode 9.2 follows up with negotiating with the seller for repairs. I added Episode 9.3 as there is often much confusion about the difference between the home inspection and the required condition inspection provided by the home appraiser - most often a concern for VA and FHA properties. I break the pattern a bit in Epis...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
JUST RELEASED!TRISTAN AND HIS WHITEBOARDBUYER VIDEO SERIES EPISODES 8.1, 8.2, AND 8.3 Tristan and his WHITEBOARD Episode 8 - Make an Offer We have made a plan, got the preapproval, and found the perfect home...now we need to talk about how to write an offer on a home! How do you do THAT you ask?? Tristan and his WHITEBOARD has got your back! (that almost rhymed - just sayin') In Episode 8.1, we cover making the offer - what to expect, the parts of the offer (fun paperwork stuff) and how the whole thing plays out. Episode 8.2 follows up with the counteroffer.  Chances are, the seller with counter the offer we present - what is involved and what to expect in that stage. Finally I tell a story in Episode 8.3 about the power of digital signatures.  Four minutes.  We won a property in FOUR M...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
Tristan and his WHITBOARDThe Buyer's Video Series - Blooper Edition! Let the fun and games continue with the Tristan and his WHITEBOARD Buyer's Video Series Blooper Edition!It didn't all flow out of my mouth like butter.  And sometimes when it does I am just about done and everything just QUITS!Sometimes nothing came out at all...Never fear!  I have a behind the scenes look at the Tristan and his WHITEBOARD Buyer Video Series - The Bloopers Edition.Enjoy this quick 2 minute video showing the bleeps, bloops, loss of any thought whatsoever, tongue twisters and more.  Laugh and enjoy. Back to business next week with Putting an Offer in on a Home. See ya!Tristan
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
It's time to go Look at HOMES! (finally, right?) NEW EPISODES OF TRISTAN AND HIS WHITEBOARD   We've talked about planning, and websites and preapprovals and more... Now it's time to get in the car and check out those homes!   (Never fear, WHITEBOARD will stay on the wall...) Three episodes are released this week: In Episode #7.1, we talk about the process of looking at homes...how I work as an agent, what you should expect, and a few things to look for. In Episode #7.2, we discuss buying a for sale by owner home or new construction homes.  There are pros and cons of each! Finally Episode #7.3 takes us back online where I cover the different statuses  (is that a word?  statuseus? statusi?) you might see online.  You'll see alot of "ACTIVE" and I walk you through why... And what you've be...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
NEW EPISODES OFTRISTAN AND HIS WHITEBOARD!Episodes #6.1 and #6.2 - The Preapproval Process This week, Tristan and his WHITEBOARD get into the Preapproval Stage of the home buying process!In Episode 6.1, I cover the importance of having that sit down with your lender (or a lender we can recommend for you).    I also explain the preapproval process - at least in summary.In Episode 6.2, I bust some myths.  Lots of scare stories, lots of questions.  You think you might not even bother trying since you don't have 20% down....BUSTED!  It's easy to start and friendly Rapid City lenders are here to help!It's not a hard process...I know it takes some guts to share your financial history with someone else.  And they may say no.  But knowledge of where you are at is better than being in the dark!T...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
New Episodes just released! Tristan and his WHITEBOARD - Buyer's Series Episodes #5.1, #5.2, and #5.3  Who should you hire as your buyer's agent?  Don't you want someone in your corner when purchasing that new home? We make life a whole lot easier on you! Let us set up the showings, share our experience and knowledge, handle the paperwork, and make sure the seller is getting the stuff done they said they would! In these episodes of Tristan and his WHITEBOARD, we go over what you should look for in an agent, we spend some time talking about the paperwork and legalities of the hiring your agent process (never fear - it's pretty simple) and what in the world your real estate agent does for you. All in 3 minute videos! http://rapidcityhomes.net/tristan-and-his-whiteboard-buyer/hire-real-est...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
Just released!  Episodes 3 and 4 of Tristan and his WHITEBOARD...  How Do you Buy A Home?You've probably heard scare stories and stress, stress, stress.  Conquer that stress by coming along with me on Tristan and his WHITEBOARD!This week, in episode 3, we break down the rapid city home buying process into pieces and give you the quick overview.  We'll go over each stage in detail, but let's talk about where we are going first.http://rapidcityhomes.net/tristan-and-his-whiteboard-buyer/8-steps-home-buying-process In episode 4, we discuss the importance of having an actual sit down with me (or your favorite REALTOR) BEFORE you go looking at homes.  I know - you're excited and wanna see stuff.  But things go a heapin' lot better when you understand how things roll and know you are comfortab...
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By Tristan Emond, Rapid City Homes Sales Specialist
(Mindful Living Realty)
It's begun. I've been thinking and working on this project for a long time. I'm excited to finally release...  wait for it..... Tristan and his WHITEBOARD(spoken in a loud announcer voice, of course)   This video series will highlight the Rapid City home buyer and home seller process...from the thinking about it stage all the way through closing. I share stories, I make bad drawings - I even sang...once. We'll start out with the Buyer's Series and release new episodes each week!  This week, episodes 1 and 2, I lay out my #1 home buying planning tip and then draw lots of arrows talking about the best home search websites. Come on in and join the fun! If you're thinking about buying that Rapid City home or selling your Rapid City house, I'm laying out the information for you to dissolve s...
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By Jim Whittaker
(RE/MAX Advantage)
Rapid City Real Estate AgentJim Whittaker is a Rapid City real estate agent with over 30 years of real estate experience. A Rapid City REALTOR ready to earn your trust.Finding the right Rapid City real estate agent can be difficult if you have never bought or sold a home in the area in the past. So there are a few things you can look for and some questions you can ask. First of all not all Rapid City real estate agents are "Rapid City REALTORS". Rapid City REALTORREALTOR is a designation that is given to members of the National Association of REALTORS. The Rapid City real estate agents that hold this designation, hold themselves to a hire standard and agree to abide by a Code Of Ethics, honest and fairness to all parties they contact in their real estate business. So hiring a Rapid City...
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By Duane Hosek
(Coldwell Banker - Lewis-Kirkeby-Hall)
Rapid City, South Dakota & Surrounding AreaThe average price of a single family home sold in the Rapid City and surrounding area is $225,628 which is up from $218,727, with an average of 34 days on the market, down from 40 days this time last year. Sellers have been receiving 98.36% of current listing price which is up from 97.86% in June 2015. During the month of June 2016 there were 118 new residential listings in Rapid City. The total number of homes for sale was 318 as compared to 318 last month. 91 homes have sold compared to 99 in May.Box Elder, South Dakota & Ellsworth Air Force Base AreaDuring the month of June 2016 there were 24 new residential listings in and around the Box Elder and EAFB area. The total number of homes for sale was 61 compared to 60 last month. 22 homes have ...
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By Duane Hosek
(Coldwell Banker - Lewis-Kirkeby-Hall)
Rapid City, South Dakota & Surrounding AreaThe average price of a single family home sold in the Rapid City and surrounding area is $211,939 which is up from $211,433, with an average of 45 days on the market, down from 53 days this time last year. Sellers have been receiving 98.12% of current listing price which is down from 98.31% in April 2015. During the month of April 2016 there were 112 new residential listings in Rapid City. The total number of homes for sale was 304 as compared to 299 last month. 84 homes have sold compared to 71 in March. Black Hawk, South Dakota AreaDuring the month of April 2016 there were 31 new residential listings in and around the Black Hawk area. The total number of homes for sale was 76 compared to 74 last month. 16 homes have sold compared to 11 in Mar...
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By Duane Hosek
(Coldwell Banker - Lewis-Kirkeby-Hall)
Rapid City, South Dakota & Surrounding AreaThe average price of a single family home sold in the Rapid City and surrounding area is $204,862 which is down from $222,827, with an average of 47 days on the market, down from 61 days this time last year. Sellers have been receiving 98.26% of current listing price which is up from 97.8% in March 2015. During the month of March 2016 there were 104 new residential listings in Rapid City. The total number of homes for sale was 299 as compared to 299 last month. 71 homes have sold compared to 85 in February. Black Hawk, South Dakota AreaDuring the month of March 2016 there were 24 new residential listings in and around the Black Hawk area. The total number of homes for sale was 74 compared to 69 last month. 11 homes have sold compared to 7 in Fe...
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By Duane Hosek
(Coldwell Banker - Lewis-Kirkeby-Hall)
Meet Sunshine!  This 6 Month Old, Retriever/Alaskan Husky is sweet young pup. She needs committed loving owners that will show her all the things she needs to know! She loves toys and to chew. The cost of her adoption does not include the cost of her spay surgery. Once adopted, she will transported to a local veterinarian where she will be released to her adopters once payment to the clinic is complete. Her adoption fee is $125.00Contact the Humane Society of the Black Hills, 1820 E. St. Patrick Street, Rapid City, SD  57703(605) 394-4170www.hsbh.org
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By Duane Hosek
(Coldwell Banker - Lewis-Kirkeby-Hall)
Rapid City, South Dakota & Surrounding AreaThe average price of a single family home sold in the Rapid City and surrounding area is $202,901 which is up from $198,082, with an average of 67 days on the market, up from 57 days this time last year. Sellers have been receiving 98.45% of current listing price which is up from 97.92% in February 2015. During the month of February 2016 there were 93 new residential listings in Rapid City. The total number of homes for sale was 299 as compared to 277 last month. 58 homes have sold compared to 45 in January.Box Elder, South Dakota & Ellsworth Air Force Base AreaDuring the month of February 2016 there were 18 new residential listings in and around the Box Elder and EAFB area. The total number of homes for sale was 54 compared to 56 last month. 8...
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By Jim Whittaker
(RE/MAX Advantage)
The Fixer Upper Loan FHA 203K Rehab MortgageIn the Rapid City and greater Black Hills area, there are a number of homes that may need improvements to qualify for conventional, VA and FHA mortgage financing. If the owner is selling the home "AS IS", like foreclosures, estate sales and homeowners that are just adamant about not doing anything to get it sold, this can be a problem.The Fixer Upper Loan FHA 203K Rehab MortgageThe FHA 203K Rehab Mortgage (streamline) loan can be a solution. It allows you to buy a home, without the repairs being completed and then to do up to $35,000 in repairs after you take possesion. The thing is, most of the homes that are in need of repairs, to qualify for financing, only need a fraction of the cost that the "FHA 203K Rehab Mortgage" allows. The most comm...
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By Duane Hosek
(Coldwell Banker - Lewis-Kirkeby-Hall)
 Rapid City, South Dakota & Surrounding AreaThe average price of a single family home sold in the Rapid City and surrounding area is $219,929 which is up from $210,332, with an average of 49 days on the market, down from 52 days this time last year. Sellers have been receiving 99.04% of current listing price which is up from 98.07% in January 2015. During the month of January 2016 there were 88 new residential listings in Rapid City. The total number of homes for sale was 277 as compared to 260 last month. 45 homes have sold compared to 89 in December. Box Elder, South Dakota & Ellsworth Air Force Base AreaDuring the month of January 2016 there were 17 new residential listings in and around the Box Elder and EAFB area. The total number of homes for sale was 56 compared to 55 last month....
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By Duane Hosek
(Coldwell Banker - Lewis-Kirkeby-Hall)
"Did a great job for me. Found a house quickly and was able to close on time without any issues. Great Realtor." - Tom Weaver
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By Duane Hosek
(Coldwell Banker - Lewis-Kirkeby-Hall)
Meet Li Li! The Pet of the Week at the Humane Society of the Black Hills. Li Li is a 3 year old, Hound Mix.  She is a sweet girl that came to the shelter as a stray. We don't know much about her past but we have noticed that she is very housetrained and loves to play with toys! Her adoption fee does not include the cost of her spay surgery. After adoption she will be transported to a local veterinarian and will be released to her adopters once payment to the clinic is complete. Her adoption fee is $85.00.Contact the Humane Society of the Black Hills, 1820 E. St. Patrick Street, Rapid City, SD  57703 (605) 394-4170 www.hsbh.org 
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By Duane Hosek
(Coldwell Banker - Lewis-Kirkeby-Hall)
 Rapid City, South Dakota & Surrounding AreaThe average price of a single family home sold in the Rapid City and surrounding area is $219,516,937 which is up from $198,084, with an average of 59 days on the market, up from 56 days this time last year. Sellers have been receiving 96.7% of current listing price which is down from 98.1% in November 2014. During the month of November 2015 there were 73 new residential listings in Rapid City. The total number of homes for sale was 307 as compared to 343 last month. 66 homes have sold compared to 72 in October. Black Hawk, South Dakota AreaDuring the month of November 2015 there were 20 new residential listings in and around the Black Hawk area. The total number of homes for sale was 63 compared to 68 last month. 16 homes have sold compared t...
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By Duane Hosek
(Coldwell Banker - Lewis-Kirkeby-Hall)
 Meet Tyson! The Pet of the Week at the Humane Society of the Black Hills.  Tyson, a 3 Year 11 month old Domestic medium hair male cat, is a friendly fellow that has a history of living with cats and dogs.  He also enjoys playing with kids and loves attention.  He will snuggle up close to you for a nap and will need a scratching pole.  His is already neutered and can go home today for $85 adoption fee. Contact the Humane Society of the Black Hills, 1820 E. St. Patrick Street, Rapid City, SD 57703(605) 394-4170www.hsbh.org
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