The purpose of this article is to give a friendly whack upside the head to people who own rental property. You probably made a good investment when you first bought the property. But have you owned it too long?Depending on how long you've held your property, it might not be a good investment anymore. I didn't say not a good property; I said not a good investment. Read on to find a simple way to determine if your property is still measuring up. You may be in for a surprise!First, … (1 comments)
investment real estate: Sioux Falls South Dakota Real Estate August Report
- 09/19/08 11:27 AM
Sioux falls continues to be a stable and strong market compared to many other parts of the country. Foreclosure rates remain relatively low, and we continue to maintian a strong economy including a low unemployment rate. I would like to share with you some recent monthly statistics according to the REALTOR'S Association of the Sioux Empire (RASE). New listings have increased -19.9% since the same time last year. But are only down -8% year to date from the same point last year. The average sales price for the month of August has decreased 1.4% to $173,453. But down 6.6% over the last year averaging $160,384. … (2 comments)
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