real estate: Trending Housing Markets
- 09/14/15 05:28 AM
Over the past 39 years as an agent in the Rapid City real estate market, one of the questions I have been repeatedly asked is, “How is the current market?” Most agents will address trending housing markets with terms such as: good, bad, hot, or cold. Years ago, it occurred to me that these terms really did not accurately portray the real estate market. A more accurate assessment of housing market trends really boils down to what is happening with buyers and sellers. Scenario 1: Does the market have a shortage of buyers and too many sellers?High Inventory Markets: In this type … (0 comments)
real estate: How to Determine the Best School District to Buy a Home
- 04/02/15 02:09 AM
Kids do a lot to influence their parents' lives. Perhaps the biggest thing that kids have sway over is the location of a new home because most parents want the best schools for their children. When it comes to searching for a new home, identifying the best school districts becomes critical when narrowing down choices. Places to Find Information Before you begin comparing school districts, you need to know where to find information. Usually states come out with an annual report on the condition of the school districts. You can see which districts perform well on standardized testing, see their populations … (0 comments)
real estate: 55+ Real Estate Market Booming
- 02/27/15 08:05 AM
While many in the real estate profession have been busy wringing their hands over when millennials will get into the housing market, there is a solid segment of homebuyers and renters who have been quietly supporting the market on their end: those 55 years of age and over. With many baby boomers looking for retirement homes or downsizing now that their children are out of the house, this demographic has been spurring increased single-family and multifamily starts for the past year. According to the National Association of Home Builders (NAHB)'s 55+ Housing Market Index (HMI), builder sentiment is more confident in the 55+ … (1 comments)
real estate: Pricing Your Home for Sale
- 01/13/15 01:11 AM
There are three main factors that affect the value of a home when getting ready to sell: location, condition, and price. A person cannot change the location of their home. However, you can change the home’s condition to a certain extent. Remodeling your home is a balancing act of how much work and expense should be undertaken, versus whether or not the prospective buyer will like the updates. No matter the location or condition, when placing your home on the market, establishing the correct price is essential. When selling your home, it is essential to establish the correct price in … (0 comments)
real estate: Borrowing Costs and Fixed-Rate Mortgages Decrease
- 12/18/14 11:00 AM
In the ever evolving housing market, it can be hard for buyers and sellers to know just when the right time to invest in a property is. While the chance of the market being predictable is a long shot, the near future for buyers looks promising When it comes to purchasing a home, it is not only a big emotional decision, but it is also a giant financial endeavor. For home buyers who don’t have cash to put down on a home, the need to borrow and save can seem astronomical. In recent years, it has been increasingly difficult as wages … (0 comments)
real estate: Rapid City Market Snapshot for October 2014
- 11/20/14 02:56 AM
The Rapid City Real Estate Market Snapshot for October 2014 has been published. Call the Kahler Team at (605) 939-0508 if we can help you in the selling or buying of your home. Visit our website at http://www.thekahlerteam.com/ for find out more about our team, or to search for your new home!
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real estate: Five Reasons You Need A Buyer's Agent
- 11/19/14 08:09 AM
Are you looking for a home, and wondering if you need a buyers agent? Here are five reasons how a buyers agent can help you with your new home search. We are the market experts: we can guide you through market trends, help determine market value of home you’re buying and provide insight into future resale value. We can also provide background and historical information on the home you like so you know exactly what you are getting. We only get paid if you close on a home: Did you know that our commission is paid by the seller’s agent? We … (3 comments)
real estate: The Right Way to Leave Your Home for New Buyers
- 11/11/14 06:40 AM
At some point in our lives, most of us will have move into a new home. Moving can be stressful, time consuming, and exhausting. After going through the painstaking effort of moving out of a home, there is nothing worse than opening the door to your new home, only to find the house a mess, with a dirty kitchen and bathrooms. On the flip side, there is nothing more exciting than opening the door to your new home that has been thoroughly cleaned, ready for you to move in, and enjoy.
At the same time, the seller is also … (3 comments)
real estate: First Time Homebuyers Still Struggle in this Market
- 11/11/14 02:06 AM
For first time buyers, the struggle to afford even the cheapest of housing in the U.S. has been all too real. Between low wages, competition from veteran homeowners and investors and increasing student debt, most young professionals simply cannot fathom financing that type of investment. Now, the prospect is exceedingly difficult as sellers are expecting more cash upfront even on moderately priced properties. According to Bloomberg BusinessWeek, the necessity for a bigger down payment is the result of tight credit limitations that are making it difficult for rookie homebuyers, even with interest rates at historical lows and home prices also low … (0 comments)
real estate: Negotiating Repairs on Your New Home Purchase
- 11/11/14 12:42 AM
Once you have negotiated a purchase on your new home, what should you do if some issues arise from your home inspection or appraisal? Should you have the seller address and repair the issues, negotiate a price reduction, or fix make the repairs yourself prior to closing. In this blog we will address these options in order to assist you with making a wise decision. Issues such as a new roof, gutters, sewer lines, new furnace, water heater, etc. are items that you can have the seller take care of, prior to closing. Make sure they hire a licensed professional in … (2 comments)
Over the past 39 years as an agent in the Rapid City real estate market, one of the questions I have been repeatedly asked is, “How is the current market?” Most agents will address trending housing markets with terms such as: good, bad, hot, or cold. Years ago, it occurred to me that these terms really did not accurately portray the real estate market. A more accurate assessment of housing market trends really boils down to what is happening with buyers and sellers.
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