real estate: Rapid City Real Estate Market Holding Its own in January.
- 02/22/12 08:13 AM
Rapid City real estate market holding its own in January 2012. Usually, everyone is indoors. It's cold outside. January seems to me to be the coldest month of the year. But this year, with unusually moderate temperatures, I think brought a great start to real estate in Rapid City! With the average single family home price up from $154,505 in January of 2011 to $195,903 in January this year, you can't complain about too much. (Unless you are a buyer looking for a steal...) Except the inventory. More good stuff is needed...especially in the $130,000 to $200,000 sweet spot. Granted, a … (0 comments)
real estate: Rapid City Real Estate - the market stats for Septmeber 2011
- 11/04/11 09:15 AM
Rapid City continues to hold its own. Many things remained the same from last month - decreases in number of homes on the market, BUT and increase in number of single family home sales and average sold price on single family homes.
To see the complete breakdown and the struggle of new construction to catch up, take a look at my post: Rapid City Real Estate - market stats for September 2011
Search for Homes near Ellsworth Air Force Base!
We'll see how the activity happens as the Holiday season draws near. (I mean really?? Thanksgiving in … (0 comments)
real estate: How are them thar homes selling in Rapid City, South Dakota - August 2011
- 11/03/11 11:18 AM
How did things fair way back in August? End of the summer, families out on vacation, getting ready for school…. (Yes – I know…it’s after Halloween and that was a LONG time ago, but data is forever on this here internet!) In August, it was an interesting mix of ups and downs...single family homes holding their own while new construction struggling to find its way amid tighter lender regulations and uncertain economic times. (that sounded almost poetic!)
Check out full Rapid City Real Estate Market report on my website!
Never a dull moment, - Tristan Prudential Kahler REALTORSRapid … (0 comments)
Did things continue to hold during the month of July? We finally had some warm temps, but typically July tends to be the summer doldrums as people are out vacationing and enjoying the few months of summer we have up here. But this year things were more happenin'. Across the board, we had 21 more units sell than last year (up 2.6%) and a 10% growth of homes under contract. Things keep rolling in single family homes - number of sold homes up 7.5%...with days on market being slightly longer - … (0 comments)
real estate: Rapid City Real Estate Market Report - June 2011
- 08/10/11 12:12 PM
Rapid City Real Estate market report and stats for June 2011: June was a crazy month! I personally had the best month of my career, closing on 5 properties. Hence, catching up on my market stats has been pushed off until...well, now! June saw some amazing stats in the Rapid City area. As an office, we filled up our sale and listing boards 3 months in a row...resulting in an office party, of course. Since May was really cold, and we were wondering in April if Spring was ever gonna come, the spring time "let's go buy a home" hit a … (0 comments)
real estate: Rapid City Real Estate Market Report - May 2011
- 08/10/11 11:51 AM
Yikes! It's been a busy summer. August and I'm finally catching up on my market report blogs. Oh well - at least the data is getting out there...late as it may be. Rapid City real estate continues to hummmmmm right along. In single family homes, we had 9% fewer listings than last year at the same time, BUT sold just 3 units less. There was an increase in days on market from 76 days to 92 days, but it all turned out OK in the long run....average home prices were UP about 4% from last year. New construction continues to adjust … (0 comments)
It’s called the Streamlined 203K Loan. The Federal Housing Administration (FHA)has had this program available for awhile, but no lenders would fund it. Now, we are seeing some lenders allow it through the doors.
Basically it works like this: You go and get preapproved for a loan. $100,000 they say. You find this home that you really like – foreclosed on, needs a lot of work. And it’s only $50,000. But FHA won’t finance the home because there is some … (3 comments)
real estate: Isn't this what you did when you were a kid?
- 01/28/09 05:02 AM
Gotta love technology. So my kids have discovered a game online that even my 6 and 7 year old have gotten into. But just playing the game is not good enough. They play the game while talking over the internet to each other.
We've got a great program called Skype which is not only free, but allows you to talk to someone else for free. My oldest, Michael, started it all when he stared calling his friend from school over Skpe and they talk while playing their computer games. So then Isaiah and Emily got this great idea of talking to each other … (0 comments)
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Rapid City real estate market holding its own in January 2012.
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